Latin America Phosphatic Fertilizers Market Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)
Latin America Phosphatic Fertilizers Market is poised to reach $8.99 billion by 2021 – 138 pages report by Market Data Forecast
(EMAILWIRE.COM, June 27, 2017 ) The Latin America Phosphatic Fertilizers Market was worth $7.49 billion in 2016 and estimated to be growing at a CAGR of 3.72%, to reach $8.99 billion by 2021. Latin America is a favorable market for phosphatic fertilizers, as it works in the direction of growing its agricultural production capacity.
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Phosphorus is a significant component for plants which maintains the plant growth by providing root growth, seed developments and plant maturing to it. The consumption of phosphorus can be done by plants by the liquid or dry property of the fertilizer. Current farming is completely reliant on inorganic fertilizers having phosphorus so as to increase the production of forage and grains.
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The phosphate fertilizer market is growing at a substantial rate owing to increasing meat consumption and restricted availability of arable land. Increase in population and varied food demand are some of the reasons driving the growth of the phosphate fertilizer market. Growing energy demands with surge in population challenged the farmers to rise crop output from the restricted available land which resulted in the increase in use of fertilizers. Pricing volatility regarding phosphate fertilizers is a key factor hindering the growth of the market.
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Latin America market for phosphatic fertilizers is segmented by type into Diammonium Phosphate (DAP), Monoammonium Phosphate (MAP), Superphosphate and Others. Based on application the phosphatic fertilizers market is segregated into Grains & Oilseeds, Fruits & Vegetables and Others. Superphosphate type is in great demand due to its advantages over other phosphate types. Phosphates are mainly used in fruits and vegetables to mark the need of phosphates in the body.
Geographically the market of Latin America region is segmented into Mexico, Argentina and Brazil. The key consumers of fertilizers in this region are Brazil and Argentina. In fact, Brazil is one of the biggest consumers of fertilizers in the world.
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The key players covered in this report are CF Industries Holdings Inc. (U.S.), OCP (Morocco), Agrium Inc., (Canada), Potash Corp. of Saskatchewan (Canada), Mosaic (U.S.), Eurochem (Russia), ICL (Israel), Yara International ASA (Norway), Coromandel International Ltd. (India), and Phosagro (Russia).
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Phosphorus is a significant component for plants which maintains the plant growth by providing root growth, seed developments and plant maturing to it. The consumption of phosphorus can be done by plants by the liquid or dry property of the fertilizer. Current farming is completely reliant on inorganic fertilizers having phosphorus so as to increase the production of forage and grains.
Avail Discount @ http://www.marketdataforecast.com/market-reports/latin-america-phosphatic-fertilizers-market-926/request-discount
The phosphate fertilizer market is growing at a substantial rate owing to increasing meat consumption and restricted availability of arable land. Increase in population and varied food demand are some of the reasons driving the growth of the phosphate fertilizer market. Growing energy demands with surge in population challenged the farmers to rise crop output from the restricted available land which resulted in the increase in use of fertilizers. Pricing volatility regarding phosphate fertilizers is a key factor hindering the growth of the market.
Download Free Sample Report @ http://www.marketdataforecast.com/market-reports/latin-america-phosphatic-fertilizers-market-926/request-sample
Latin America market for phosphatic fertilizers is segmented by type into Diammonium Phosphate (DAP), Monoammonium Phosphate (MAP), Superphosphate and Others. Based on application the phosphatic fertilizers market is segregated into Grains & Oilseeds, Fruits & Vegetables and Others. Superphosphate type is in great demand due to its advantages over other phosphate types. Phosphates are mainly used in fruits and vegetables to mark the need of phosphates in the body.
Geographically the market of Latin America region is segmented into Mexico, Argentina and Brazil. The key consumers of fertilizers in this region are Brazil and Argentina. In fact, Brazil is one of the biggest consumers of fertilizers in the world.
Buy now @ https://www.marketdataforecast.com/cart/buy-now/latin-america-phosphatic-fertilizers-market-926
The key players covered in this report are CF Industries Holdings Inc. (U.S.), OCP (Morocco), Agrium Inc., (Canada), Potash Corp. of Saskatchewan (Canada), Mosaic (U.S.), Eurochem (Russia), ICL (Israel), Yara International ASA (Norway), Coromandel International Ltd. (India), and Phosagro (Russia).
About Market Data Forecast:
The publisher of this report is Market Data Forecast whose forte lies in Market research and Business Intelligence. Handling both individual and corporate clients across multiple business domains they offer syndicated/customized research to suit the client’s research objective. Their research reports section offers a wide variety of market studies ranging from all-encompassing comprehensive market studies to product specific niche markets covering Global among other regions of the global market as well. For more info kindly visit, www.marketdataforecast.com
Visit MarketDataForecast Blog @ http://www.marketdataforecast.com/blog/
View latest Press Releases of MDF @ http://www.marketdataforecast.com/press-releases
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Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results