Application (Flame Retardant, Coating, Painting)
Based on application, the flame-retardant segment in the ammonium polyphosphate market is predicted to hold largest revenue share of about 52%during the forecast period. The most frequently visited locations, like homes, offices, and schools, have fire extinguishers installed. Monobasic ammonium phosphate, an essential component of fire extinguishers made of dry chemical powder, is used in flame retardant applications. Ammonium phosphate smothers the fire by cutting off the oxygen supply and coating the source. The fire extinguishers contain monobasic ammonium phosphate under pressure. Also, these are the fire extinguishers that are most frequently used, especially in households. Fire extinguishers with an ammonium phosphate base are being used more frequently to put out electrical fires as well as flames caused by grease, gasoline, and flammable materials like wood. When a portable fire extinguisher is deployed, it usually extinguishes the fire within the first two minutes, or 94% of the time.
End Use (Manufacturing, Chemical, Fertilizers, Paints)
Based on end use the fertilizers segment in the ammonium polyphosphate market is anticipated to hold the largest share of about 40% during the forecast period. Granular fertilizer's main ingredient is mono-ammonium phosphate (MAP). The two most desired characteristics of MAP are its ability to regulate pH and its solubility in water. For long-term, robust plant growth, farmers still favor ammonium phosphate. In high-pH soils, the increased need for MAP is driving the market. Ammonium phosphate is used in powdered form in suspension fertilizers. Additionally, MAP has excellent handling and storage qualities, which are increasing customer demand for it. But the market's expansion is being constrained by the continuous discussion about the possible effects of fertilizers based on ammonium phosphate on the environment.
Our in-depth analysis of the global ammonium polyphosphate market includes the following segments:
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Author Credits: Rajrani Baghel
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