Industrial Grade Monoammonium Phosphate Market size is estimated to be USD 4.2 Billion in 2024 and is expected to reach USD 6.5 Billion by 2033 at a CAGR of 5.2% from 2026 to 2033.
In 2022, the global Industrial Grade Monoammonium Phosphate (MAP) market was valued at approximately USD 3.1 billion, with projections indicating growth to USD 4.5 billion by 2030, reflecting a compound annual growth rate (CAGR) of 4.4% from 2024 to 2030. This growth is primarily driven by increasing demand in agriculture, where MAP serves as a high efficiency fertilizer enhancing soil fertility and crop yields. Additionally, its applications in flame retardants and water treatment chemicals contribute to market expansion. The Asia Pacific region leads in consumption, accounting for over 40% of the market share, fueled by robust agricultural activities in countries like China and India. North America and Europe follow, with steady growth attributed to sustainable farming practices and stringent fire safety regulations. The markets upward trajectory is further supported by technological advancements in MAP production, leading to improved efficiency and product quality. Innovations such as advanced reactor systems and novel purification techniques have optimized manufacturing processes, resulting in higher yields and consistent product standards. Moreover, the expanding applications of MAP in the food and beverage industry, where it functions as a food additive, and in pharmaceuticals, as a buffering agent, present additional growth opportunities. As global emphasis on sustainable agriculture and environmental safety intensifies, the demand for MAP is expected to rise, particularly in emerging markets where agricultural modernization is underway.
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Mosaic Company
Potash
Mitsui Chemicals
URALCHEM
J.B. Chemical
Hubei Liushugou Group
K-Technologies
Sichuan Chuanxi Xingda Chemical
Hubei Xingfa Chemicals
Wanhua Agro-chem
Pacific Chemicals
Shaoxing Marina Biotechnology(Yamei)
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Industrial Grade Monoammonium Phosphate Market
Fertilizers
Animal Feed Additives
Food Processing
Chemicals Manufacturing
Flame Retardants
Granular Monoammonium Phosphate
Powdered Monoammonium Phosphate
Liquid Monoammonium Phosphate
Low Purity Monoammonium Phosphate (Less than 95%)
High Purity Monoammonium Phosphate (95% and above)
Agriculture and Horticulture
Food and Beverage Industry
Pharmaceuticals
Petrochemicals
Mining and Metallurgy
Direct Sales
Online Retail
Wholesale Distributors
Specialized Chemical Suppliers
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Industrial Grade Monoammonium Phosphate Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Industrial Grade Monoammonium Phosphate Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Industrial Grade Monoammonium Phosphate Market, By Type
6. Global Industrial Grade Monoammonium Phosphate Market, By Application
7. Global Industrial Grade Monoammonium Phosphate Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Industrial Grade Monoammonium Phosphate Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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