Ammonium Polyphosphate Market Trends

• Increasing Demand for Fertilizers in The Ammonium Polyphosphate Market- Ammonium polyphosphate is used in food additives as an emulsifier and as a fertilizer. Farmers continue to prefer chemical compounds for stable, healthy plant development and higher yields. The great rise of the agri-based sector has led to a huge increase in the demand for agricultural products, which in turn has motivated farmers to boost farm productivity and generate higher-quality yields. Increasing the ammonium polyphosphate market is the goal of applying ammonium polyphosphate in agriculture, which is essential to reaching this goal. The nation in Asia consumed over 42 million metric tons of nutrients in 2021. India and Brazil, with respective consumption of 29.8 and 21.17 million tons, came next.
• Common Use as a Flame Retardant Will Increase Market Size- Global demand for ammonium polyphosphate is primarily driven by its widespread use as a flame retardant. Since ammonium polyphosphate is flame retardant, its use in industrial settings for safety purposes in the event of an accidental fire in a combustible environment is anticipated to drive up global demand for the substance. Its market is expected to grow as a result of the industry's growing adoption of ammonium polyphosphate as a flame retardant.
• Growing Need for Ammonium Polyphosphate Will Aid in Market Expansion- Ammonium polyphosphate is an inorganic salt of polyphosphoric acid and ammonia that is non-reactive and thermally stable. Unlike ammonium polyphosphate (Phase I), it is non-volatile and stable up to a temperature of around 3000 C. It is one among the most widely used non-halogen fire retardants for commercial applications because of its effectiveness. It decomposes into ammonia and non-hazardous polymeric acid when exposed to heat or fire. One widely used application for it is the expanding fireproof coating. Global demand from the chemical sector is expected to be a major driver of the ammonium polyphosphate market share expansion during the forecast period.

Challenges

• Ammonium polyphosphate's toxicity to hinder market expansion- Globally, especially in India, ammonium polyphosphate is being utilized more and more as fertilizer in agricultural economies. It is anticipated that this will result in increased frequency of direct contact with it, which is harmful to human health. Growing consumer awareness of inorganic chemicals' toxicity is contributing to an increase in the public's dislike of them. thereby causing the demand for ammonium polyphosphate to decline, which will be averse to the ammonium polyphosphate ammonium polyphosphate market growth.
• A market hurdle is the availability of substitute flame-retardant materials. The market for APP-II is being impacted by alternatives including phosphorous-based flame retardants and halogenated chemicals, which are becoming more popular.
• Notwithstanding the advantages that ammonium polyphosphate provides, end consumers are still not fully aware of all of its uses. Promoting APP-II's advantages to prospective clients is essential for expanding the ammonium polyphosphate market.