Key players in the Latin America Phosphatic Fertilizer Market include Yara International ASA (Norway), Mosaic Co. (US), PhosAgro (Russia), EuroChem (Russia) and Israel Chemical Ltd. (Israel)
(PRWEB) April 06, 2015
The Latin America Phosphatic Fertilizer Market report defines and segments the phosphatic fertilizers market in Latin America with analysis and forecast of revenue. The phosphatic fertilizers market in Latin America is estimated to grow from $8,646.91 million in 2014 to $9,504.07 million by 2019, at a CAGR of 1.9% from 2014 to 2019.
Browse through the TOC of the Latin America Phosphatic Fertilizer Market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the Latin American phosphatic fertilizer market, and is supported by various tables and figures.
Latin America is a promising market for phosphatic fertilizers, as it works towards increasing its agricultural production capacity by about one-third. The main consumers of fertilizers in this region are Brazil and Argentina. In fact, Brazil is one of the biggest consumers of fertilizers in the world. More than two-thirds of the nutrients consumed in each country in Latin America are imported. This indicates that the region relies on foreign markets for the supply of phosphatic fertilizers. Increased use of bio-fuels has encouraged farmers to increase farm production. This has pushed up the demand for fertilizers. The most preferred phosphatic fertilizer in the region is superphosphate, which accounts for more than 50% of the consumption of phosphatic fertilizer in the region.
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Brazil is a major market that acquired 75.76% of the total Latin American market revenue in the year 2014.
This market is segmented and forecast on the basis of types of phosphatic fertilizers, into diammonium phosphate, monoammonium phosphate, superphosphate, and others. It is also segmented on the basis of application into grains & oilseeds, fruits & vegetables, and others. The market is further segmented and forecast on the basis of major countries, such as Brazil and Argentina.
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This report also includes the market share and value chain analyses, and market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of key players in the market.
Europe Phosphatic Fertilizer
The European Phosphatic Fertilizers Market is estimated to grow at CAGR of 1.4 %, in the period of 2014 to 2019. Phosphorus is the 11th most abundant element in the earth’s crust. However, the soil from which plants obtain phosphorus contains only small amounts of it.
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