Press Release

Phosphatic Fertilizers Market in India to Grow to $ 5.6 Billion by 2026

Increasing demand for food crops, decreasing arable land coupled with beneficial effects of phosphate fertilizers on crops is anticipated to drive India phosphatic fertilizers market

According to TechSci Research report, India Phosphatic Fertilizers Market By Type, By Crop, Competition Forecast and Opportunities, 2012-2026”, phosphatic fertilizers market in India is forecast to reach $ 5.6 Billion by 2026. Decreasing arable land and increasing food demand due to ever increasing population has pushed the demand for phosphatic fertilizers as they provide the necessary nutrients to the soil. The fertilizers market is dominated by DAP fertilizer owing to its declining prices in international market and beneficial properties. Moreover, the demand for food crops like rice is anticipated to grow during the forecast period, which is further expected to boost the phosphatic fertilizers market in the country during the forecast period.

Browse 14 Tables and 47 Figures spread through 87 Pages and an in-depth TOC on "India Phosphatic Fertilizers Market"


India phosphatic fertilizers market is segmented into DAP, MAP, TSP & SSP based on product type. IIFCO, IPL and CIL are some of the key players in India phosphatic fertilizers market. Of these, IIFCO dominated the market in 2016 and the company is expected to continue its dominance during the forecast period as well. Among the country’s states, Uttar Pradesh accounts for the largest demand share for phosphatic fertilizers, owing to low soil fertility and increasing demand for principal food crops in the state.

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“India is a country where agriculture is a major economic activity and a large part of the population is dependent on it for livelihood. Consequently, the government is always working towards agricultural development in the country. The projects that have been recently introduced by the Government of India, such as Pradhan Mantri Fasal Bima Yojana, Paramparagat Krishi Vikas Yojana, etc., influence the demand for fertilizers, and are expected to boost the country’s phosphatic fertilizers market in the coming years. Moreover, phosphatic fertilizers are eco-friendly and benefit the soil in long term. These properties of phosphatic fertilizers are also expected to increase their use across the country over the next five years.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“India Phosphatic Fertilizers Market By Type, By Crop, Competition Forecast and Opportunities, 2012-2026” has evaluated the future growth potential of India phosphatic fertilizers market and provides statistics and information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in India phosphatic fertilizers market.

About TechSci Research

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