市场调查报告书
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1364729
磷酸二铵市场 - 全球规模、份额、趋势分析、机会、预测报告,2019-2029Diammonium Phosphate Market - Global Size, Share, Trend Analysis, Opportunity and Forecast Report, 2019-2029, Segmented By Application ; By Sales Channel ; By Region |
由于人们越来越关注粮食安全、土壤管理和产量,全球磷酸二铵 (DAP) 市场正在蓬勃发展。
领先的策略咨询和市场研究公司 BlueWeave Consulting 在最近的一项研究中估计,2022 年全球磷酸二铵 (DAP) 市场规模为 431 亿美元。 BlueWeave预测,2023-2029年预测期内,全球磷酸二铵(DAP)市场规模将以4.09%的年复合成长率成长,2029年达到548亿美元。全球磷酸二铵(DAP)市场的主要成长促进因素是收入水准的提高、天气模式和土壤条件的变化、耕地面积减少导致化肥使用量的增加以及支持不断增长的全球人口的需求增加。需要增加农业生产。在旨在保护商业、工业和住宅环境中的环境、健康和安全的各种政策的推动下,对灭火产品的需求不断增长,也促进了市场的扩张。农业领域对磷酸二铵的需求正在迅速增加,为了实现经济效益,製造商在食品和农业领域更喜欢合成製剂而不是生物药品。另一个驱动力是新兴国家对粮食和农业的投资不断增加,预计将进一步推动磷酸二铵市场的成长。然而,价格波动预计将限制预测期内的整体市场成长。
该报告的详细分析提供了有关全球磷酸二铵(DAP)市场的成长潜力、未来趋势和统计数据的资讯。它还涵盖了推动市场总规模预测的要素。该报告致力于提供全球磷酸二铵(DAP)市场的最新技术趋势以及产业见解,以帮助决策者做出明智的策略决策。此外,我们也分析了市场的成长促进因素、挑战和竞争力。
Global diammonium phosphate (DAP) market is flourishing because of the growing focus on food security, soil management, and high yield.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the global diammonium phosphate (DAP) market size at USD 43.1 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects global diammonium phosphate (DAP) market size to grow at a CAGR of 4.09% reaching a value of USD 54.8 billion by 2029. Major growth drivers for the global Diammonium Phosphate (DAP) market include the rising income levels, evolving weather patterns and soil conditions, heightened fertilizer use due to shrinking arable land, and the necessity for increased agricultural production to support a growing global population. Also, increased demand for firefighting products, driven by various policies aimed at environmental, health, and safety preservation in commercial, industrial, and residential settings, is contributing to market expansion. The agricultural sector is experiencing a surge in diammonium phosphate demand, with manufacturers favoring synthetic agents over biological ones in the food and agriculture industries to attain economic efficiency. Another driving force is the growing investments in food and agriculture endeavors in developing nations are expected to further propel the diammonium phosphate market's growth. However, price volatility is anticipated to restrain the overall market growth during the forecast period.
The global Diammonium Phosphate (DAP) market refers to the worldwide industry and market space related to Diammonium Phosphate, a compound with the chemical formula (NH4)2HPO4. DAP is a type of fertilizer that contains both nitrogen and phosphorous, making it essential for plant growth and agriculture. This market encompasses the production, distribution, and trade of DAP products used primarily in the agricultural sector to enhance crop yields and promote plant health. The demand for DAP is driven by the need to improve agricultural productivity and feed the growing global population. Factors such as changing farming practices, food security concerns, and environmental sustainability also influence the dynamics of the global DAP market.
COVID-19 pandemic had mixed impact on the global diammonium phosphate (DAP) market. Initially, disruptions in the supply chain, labor shortages, and logistical challenges hindered the production and distribution of DAP fertilizers, causing temporary shortages and price fluctuations. Lockdowns and economic uncertainties led to reduced purchasing power among farmers, affecting fertilizer demand. However, as agriculture was deemed an essential sector, DAP usage rebounded in the mid-term, driven by the need to maintain food production. Long-term implications include an increased focus on food security and sustainable agriculture practices, potentially reshaping DAP market dynamics and driving innovations in production and distribution to enhance resilience in the face of future disruptions.
Based on application, the global diammonium phosphate (DAP) market is bifurcated into Fire Retardant and Food Fertilizers segments. The food fertilizers segment holds a higher share in the global DAP market by application during the forecast period. Diammonium hydrogen phosphate, an inorganic phosphate and ammonium salt of phosphoric acid, dissolves in water and is synthesized through the chemical reaction between ammonia and phosphoric acid. Widely employed in agriculture to enhance soil pH levels, its demand is rising, energizing the diammonium phosphate market. However, prolonged use leads to soil acidification due to ammonium nitrification. Also, escalating demand stems from diminishing arable land and the imperative for high-quality crop yields to sustain the growing populace.
Major players operating in the global diammonium phosphate (DAP) market include: Wuhan Waking Lion Chemicals, OCP Group, RPC, Wengfu Chemical, Mississippi Phosphates, Lanjian Chemical, Nutrien, Innophos, PhosAgro, Mosaic, Lifosa, and SinoFert. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of Global Diammonium Phosphate (DAP) Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Global Diammonium Phosphate (DAP) Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.