Phosphoric Acid Market - Top Companies and Manufacturers

Companies Dominating the Phosphoric Acid Landscape

Eurochem Group AG,
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis

The Mosaic Company,
R. Simplot Company,
WengFu Group,
Israel Chemicals Ltd,
Maaden,
Prayon S.A.,
OCP Group,
Solvay,
Yara International,
CECA (Arkema Group)

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Phosphoric Acid Market Share, Growth Forecast - 2037

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With a view to financing the planned expansion of the Paradeep Phosphates plant in Goa, it has increased its capital by about INR 1,255 billion. The company's production capacity will increase to a combined 2.22 million tons per annum for fertilizers like Di-ammonium Phosphate (DAP) and Nitrogen, Phosphorous, Potassium (NPK), and Phosphoric acid.
EuroChem Group has signed an agreement to purchase the Serra do Salitre phosphates project based in Minas Gerais of Brazil from Norway's Yara. In 2023, the project is designed to bring into operation a 1 million tonnes per annum phosphate plant producing MAP NP as well as SSP and TSP.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of phosphoric acid is assessed at USD 57.17 billion.

The phosphoric acid market size was valued at USD 54.1 billion in 2024 and is set to reach USD 131.51 billion by the end of 2037, expanding at around 7.1% CAGR during the forecast period i.e., between 2025-2037. Increasing demand for phosphate fertilizers and new product launches in the field will boost the market growth.

Asia Pacific industry is projected to have the highest growth through 2037, impelled by increasing production of fertilizers in the region

The major players in the market include Eurochem Group AG, The Mosaic Company, R. Simplot Company, WengFu Group, Israel Chemicals Ltd, Maaden, Prayon S.A., OCP Group, Solvay, Yara International, CECA (Arkema Group).

Phosphoric Acid Market - Top Companies and Manufacturers

Companies Dominating the Phosphoric Acid Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

How much is the phosphoric acid market worth?

Why is the demand for phosphoric acid growing?

Which region dominated the majority of phosphoric acid industry share?

Who are the top phosphoric acid companies?