Ammonium Phosphate Industry Size, Share, Demand & Growth by 2029
The demand from the fertilizers segment remains steady and even surges in emerging
economies. Other end-use industries such as electronics and optics are complementing the
growth of the ammonium phosphate market. The projected growth rate of the ammonium
phosphate industry is approximately 3.3% over the course of the forecast period (2019 to
2029).
Stringent regulatory norms regarding the use of inorganic fertilizers are hindering the growth
of the ammonium phosphate market in the region. The primary focus of manufacturers in
these two regions is on the use of organic fertilizers. The ammonium phosphate market in
Europe and North America is projected to witness relatively moderate growth during the
forecast period.
The rising population in Asia Pacific has led to an upheaval in demand for fertilizers in the
region. The majority of the demand for ammonium phosphate will be generated from
countries such as India and China. Moreover, the proliferation of fertilizer plants in the region
is supplementing the growth of the ammonium phosphate market.
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Key Takeaways of Ammonium Phosphate Market Study

The fertilizers industry accounts for substantial ammonium phosphate demand.

The rising uptake of ammonium phosphate in fire extinguishers is propelling the
market growth.

Gains in the ammonium phosphate market to remain consolidated in the Asia Pacific.

Europe and North America’s ammonium phosphate market will witness modest
growth through 2029.

Demand for organic fertilizers will limit the growth of the ammonium phosphate
market in developed regions.
Major stakeholders in ammonium phosphate must renew their focus towards Asia Pacific
market which continues to remain the growth epicentre on account of heightened demand for
fertilizers.
Demand for Mono-ammonium Phosphate to Remain Rampant in Fertilizers
Mono-ammonium Phosphate (MAP) is a chief component of granular fertilizer. The pH
regulation and water solubility are the two most sought-after attributes of MAP. Farmers
continue to prefer ammonium phosphate for the sustained and healthy growth of plants. The
augmented demand for MAP in high-pH soils is particularly fuelling the market.
In suspension fertilizers, ammonium phosphate is used in powdered form. Moreover, MAP
has good handling and storage properties which are boosting its demand among consumers.
However, the ongoing debate over the potential environmental impact of ammonium
phosphate-based fertilizers is limiting the market growth.
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