|By PR Newswire||
|April 15, 2014 05:59 PM EDT||
DUBLIN, April 15, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/bkp85f/phosphorus_and) has announced the addition of the "Phosphorus & Derivatives Market By Type and Application - Global Trends & Forecast to 2018" report to their offering.
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The global demand for phosphorus and its derivatives is anticipated to grow by 2.40% to reach 107.5 million metric tons by 2018. Gains will be fueled by increasing population, and the demand for more food production. Also, increasing demand in phosphorus applications such as flame retardants and new opportunities such as rechargeable lithium iron phosphate batteries will drive the phosphorus market.
Higher and faster yields of crops require phosphorus fertilizers as it is a basic nutrient for plant growth. This has made fertilizers the most important application of phosphorus and its derivatives market. Fertilizers are followed by detergent applications of phosphorus and its derivatives. Government bodies of developed countries have imposed regulations on the use of phosphorus in detergents that restricts the growth in the developing countries.
Phosphorus forms a number of derivatives, of which ammonium phosphates has the highest market share. Its use in fertilizers has been driving its demand. Other important phosphorus derivatives include industrial phosphates (sodium, calcium, potassium, aluminum, and magnesium phosphates), phosphoric acid, phosphorus chlorides, phosphorus pentasulfied and phosphorus pentoxide.
Yellow phosphorus is an intermediate in the production of phosphorus derivatives. Its production is highly energy intensive with electricity playing a major role in the cost of production. The major countries that produce yellow phosphorus are China, U.S., Kazakhastan, and Vietnam.
Major players in this market are OCP Sa (Morocco), The Mosaic Company (U.S.), PotashCorp (Canada), EuroChem (Russia), PhosAgro (Russa), Vale S.A. (Brazil), Isreal Chemicals Limited (Isreal), Prayon group (Belgium), Innophos Holding Inc. (U.S.) and United Phosphorus Limited (India). A number of Chinese players such as Yuntianhua Group Co. Ltd, Jiangyin Chengxing Industrial Group Co. Ltd, and Hubei Xingfa Chemicals Group Co. Ltd operate in this market.
Asia has been identified as the largest market as well as the highest growing in the next five years among all regional markets. Asia has emerged as an important consumer with China being the largest producer and consumer while India accounts for the largest imports of phosphorus and its derivatives. The need to be self sufficient in meeting domestic food demands has been driving the consumption of phosphorus in terms of fertilizers and crop protection chemicals. The other regions covered are Americas (constituting North America and South America), Europe, Africa, Oceania and the Middle East.
Key Topics Covered:
2 Executive Summary
3 Premium Insights
4 Market Overview
5 Yellow Phosphorus Market
6 Phosphorus & Its Derivatives Market, By Types
7 Phosphorus & Its Derivatives Market, By Applications
8 Phosphorus & Derivatives Market, By Geography
9 Competitive Landscape
10 Company Profiles
- Acron OAO
- Agrium Inc
- Cf Industries Holdings Inc
- Chemische Fabrik Budenheim KG
- Innophos Holdings Inc
- Israel Chemical Ltd (ICL)
- Italmatch Chemicals SPA
- Jordan Phosphate Mines Company
- Kazphosphate LIC
- Lanxess AG
- OCP SA
- Ojsc Phosagro AG
- Potash Corp Of Saskatchewan Inc
- Prayon SA
- Saudi Arabian Mining Company (Ma'aden)
- The Mosaic Company
- United Phosphorus Limited (UPL)
- Vale SA
- Yara International ASA
- Yuntianhua Group Co Ltd
For more information visit http://www.researchandmarkets.com/research/bkp85f/phosphorus_and
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets