Phosphoric acid demand in India stood at 4,948 KTPA in 2018 and is
projected to grow at a CAGR of 5.96% during 2019-2030 to reach 8,773 KTPA by 2030.
Growing consumption of phosphoric acid can be attributed to rising demand for
fertilizers to meet increasing food demand in the country. Moreover, use of phosphoric acid across various
applications such as sugar industry and refining sector is increasing. Growing
consumption of phosphoric acid by major fertilizer manufacturing units in
states such as Gujarat and Maharashtra is stimulating demand for large
quantities of phosphoric acid. Additionally, expanding fertilizer production capacity
is further likely to fuel growth in India phosphoric acid market during
forecast period.
Years Considered for this Report:
Historical Years: 2013 – 2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020 – 2030
Objective of the
Study:
- The primary
objective of the study was to evaluate and forecast phosphoric acid capacity,
production, demand, inventory, and demand – supply gap in India.
- To
categorize phosphoric acid demand based on type,
grade, region and sales channel.
- To study
trade dynamics and company share in India phosphoric acid market.
- To identify
major customers of phosphoric acid in India.
- To evaluate
and forecast phosphoric acid pricing by grade in India.
- To identify
and profile major companies operating in India phosphoric
acid market.
- To identify major developments, deals and
expansion plans in India phosphoric acid market.
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Report Scope:
In this report, India phosphoric acid market has been segmented into following categories:
Some of the
major players operating in India phosphoric acid market are Gujarat State
Fertilizers & Chemical Limited, IFFCO, Pradeep Phosphates, etc.
To extract data for India phosphoric acid market, primary research
surveys were conducted with phosphoric acid manufacturers, suppliers,
distributors, wholesalers and end users. While interviewing, the respondents
were also inquired about their competitors. Through this technique, TechSci
Research was able to include manufacturers that could not be identified due to
the limitations of secondary research. Moreover, TechSci Research analyzed
various end user segments and projected a positive outlook for India phosphoric
acid market over the coming years.
TechSci Research calculated phosphoric acid demand in India analyzing
the historical data and demand forecast was carried out considering the
development in end use industries. TechSci Research sourced these values from
industry experts and company representatives and externally validated through
analyzing historical sales data
of respective manufacturers to arrive at the overall market size. Various secondary
sources such as company websites, association reports, annual reports, etc.,
were also studied by TechSci Research.
Key Target Audience:
- Phosphoric acid manufacturers and other stakeholders
- Organizations, forums
and alliances related to phosphoric acid distribution
- Government bodies such
as regulating authorities and policy makers
- Market
research organizations and consulting companies
The study is useful in providing answers to several critical questions
that are important for industry stakeholders, such as phosphoric acid
manufacturers, distributors and policy makers. The report also provides useful
insights about which market segments should be targeted over the coming years to
strategize investments and capitalize on growth opportunities.
Available Customizations:
With the given market data, TechSci Research offers customizations
according to a company’s specific needs.
In case you can’t find what, you are looking for
then please get in touch with our custom research team at [email protected]