Latin America Phosphatic Fertilizers Market is segmented based on type and application
Extensive market analysis of Latin America Phosphatic Fertilizers Market that provides a detailed information on growth opportunities, recent trends, and challenges
(EMAILWIRE.COM, October 07, 2017 ) According to the report, 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.
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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Market Segmentation
• By Type
• By Application
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)
• Phosagro (Russia).
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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View Full Report @ http://www.marketdataforecast.com/market-reports/latin-america-phosphatic-fertilizers-market-926/
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.
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
Buy now @ https://www.marketdataforecast.com/cart/buy-now/latin-america-phosphatic-fertilizers-market-926
Market Segmentation
• By Type
• By Application
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)
• Phosagro (Russia).
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.
Avail Discount @ http://www.marketdataforecast.com/market-reports/latin-america-phosphatic-fertilizers-market-926/request-discount
Contact Information:
Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
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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