The global Monoammonium Phosphate market reached a volume of 25.50 million metric tons in 2020. The market is further expected to grow in the forecast period of 2021-2026, growing at a CAGR of 2%. The industry is projected to reach 28.72 million metric tons by 2026.
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Top Companies in the Global Monoammonium Phosphate Market: Mosaic Company, Potash, Mitsui Chemicals, URALCHEM, J.B. Chemical, Hubei Liushugou Group,, others.
monoammonium phosphate is a chemical compound with the chemical formula. ADP is a major ingredient of agricultural fertilizers and some fire extinguishers. It also has significant uses in optics and electronics.
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Key Segments Studied in the Global Monoammonium Phosphate Market
|Market Analysis By Type||Food Grade, Pharma Grade, Fertilizer Grade, Industrial Grade, , ,|
|Market Analysis By Applications||Food & Beverage, Pharmaceutical, Health & Personal Care, Agriculture/Animal Feed/Poultry, Others, , ,|
Business opportunities of Monoammonium Phosphate Market in the following regions and countries:
North America (USA, Canada and Mexico)
Europe (Germany, Great Britain, France, Italy, Russia, Spain and Benelux countries)
Asia Pacific (China, Japan, India, Southeast Asia, and Australia)
Latin America (Brazil, Argentina and Colombia)
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