Ammonium Polyphosphate Market - Regional Analysis
APAC Market Forecast
Asia Pacific industry is estimated to hold largest revenue share of 30% by 2035. The major producer of industrial chemicals is Asia Pacific. Because of this, the area is the world's leading producer of ammonium polyphosphate, and it is anticipated that it will hold this position for the foreseeable future. Asia Pacific's growing population has caused a shift in the region's fertilizer need. The majority of the demand for ammonium phosphate is expected to come from China and India. Furthermore, the expansion of the ammonium phosphate industry in the area is being bolstered by the proliferation of fertilizer factories. Over two thousand kg of fertilizer were used per hectare of arable land in Malaysia in 2021. Compared to other countries, Timor-Leste used 0.5 kg of fertilizer per hectare of arable land in 2021.
North American Market Statistics
Ammonium polyphosphate market in North America is projected to hold largest revenue share of about 27% during the projected period. Over the course of the forecast period, the ammonium phosphate market in North America is expected to develop at a relatively moderate rate. Tight regulations pertaining to the application of inorganic fertilizers are impeding the expansion of the ammonium phosphate business in the area. In these two regions, the usage of organic fertilizers is the main emphasis of producers.
