Asia Pacific Phosphatic Fertilizer Market is Estimated to Reach $37,505.47 Million in 2019 - A Report by MicroMarket Monitor
(PRWEB) March 25, 2015 -- The Asia-pacific Phosphatic fertilizer Market report defines and segments the phosphatic fertilizers market in Asia-pacific with analysis and forecast of revenue. The phosphatic fertilizers market in Asia-pacific is estimated to grow from around $33,590.27 million in 2013 to $37,505.47 million by 2019, at a CAGR of 2.2% from 2013 to 2018.
Browse through the TOC of the Asia-pacific phosphatic fertilizer Market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the Asia-pacific well intervention market, and is supported by various tables and figures.
http://www.micromarketmonitor.com/market/asia-phosphatic-fertilizers-4050782264.html
Fertilizer demand in Asia-Pacific has mainly been influenced by the changing and interconnected aspects such as economic growth, population, growth of agriculture sector, government policies, prices, and production. Asia-Pacific accounts for almost 50.0% to 60.0% of the total world nutrient use and about 40.0% of the world's crop land. The agriculture sector in this region of the world is very prominent and also the part of population dependent on the agrarian sector is very large. Hence, farmers of this region put efforts to increase the efficiency of land by using various farm inputs. This drives the demand for greater volumes of phosphatic fertilizers. The most preferred phosphatic fertilizer in the Asia-pacific region is Superphosphate.
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China is the major market acquiring 46.92% of the total Asia- pacific market revenue in the year 2014. India is the emerging market in the Asia-pacific phosphatic fertilizer industry.
This market is segmented and forecasted on the basis of types of phosphatic fertilizers, such as diammonium phosphate, monoammonium phosphate, superphosphate and others. It is also segmented on the basis of application, such as grains & cereals, fruits & vegetables, and others. The market is further segmented and forecasted on the basis of major countries, such as the China, Japan, India and others.
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This report also includes the market share, supply chain 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 including major companies which provide well intervention services.
Related Report:
North America Phosphatic Fertilizer Market
The North America Phosphatic Fertilizers Market is estimated to grow at CAGR of 0.64 %, 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. There is no other substitute for phosphorus in agriculture.
http://www.micromarketmonitor.com/market/north-america-phosphatic-fertilizers-7207717435.html
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