Mono-Potassium Phosphate Market Size, Share Global Analysis Report, 2020–2026

Industry Insights

The mono-potassium phosphate market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire mono-potassium phosphate market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of both volume (Kilotons) and value (USD Million) from FY 2016 – 2026.

This specialized and expertise-oriented industry research report scrutinizes the technical and commercial business outlook of the mono-potassium phosphate industry. The report analyzes and declares the historical and current trends analysis of the mono-potassium phosphate industry and subsequently recommends the projected trends anticipated to be observed in the mono-potassium phosphate market during the upcoming years.

Key Insights from Primary Research

• As per our primary analysis, the monopotassium phosphate market is set to grow in upcoming years owing to high demand for organic products by the consumers.
• It was established through primary research that the food-grade type segment is anticipated to witness the highest growth rate.
• The compound fertilizer production application segment holds a maximum share of around 60% in 2019.
• China is anticipated to record the highest growth rate among all major countries

Key Recommendations from Analysts

• As per our analysts, monopotassium phosphate market revenue was around USD 568 million in 2019.
• The monopotassium phosphate market provides numerous opportunities to grow in upcoming years owing to its increased use of majorly in bakery and seafood products.
• In the monopotassium phosphate market, the fertilizer grade segment was valued for the major portion of the pie in 2019 accounting for around 57%.
• Rising awareness regarding organic products may take the market value to around USD 690 million in 2026.

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the mono-potassium phosphate industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the mono-potassium phosphate industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the mono-potassium phosphate market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the mono-potassium phosphate industry. The mono-potassium phosphate market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the mono-potassium phosphate sector. Key strategic developments in the mono-potassium phosphate market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the mono-potassium phosphate market are appropriately highlighted in the report.

The global monopotassium phosphate market is projected to witness a healthy growth rate owing to the increase in the use of agricultural techniques such as hydroponic that requires a large number of additives per unit yield and rising demand for feed additives over the agro-industry. Other factors that are expected to fuel the market growth are the surge in the personal care and pharmaceutical industry in developing regions of the Middle East and the Asia Pacific regions which are also projected to consume a significant amount of the product during the forecast period. Rising awareness of organic products may hinder the market growth. The developing countries are expected to offer lucrative growth opportunities in the market space.

The mono-potassium phosphate market research report delivers an acute valuation and taxonomy of the mono-potassium phosphate industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the mono-potassium phosphate industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the mono-potassium phosphate industry is provided for the leading economies of the world.

Report Scope

The mono-potassium phosphate market is segmented based on Type and Application.  On the basis of type segmentation, the market is classified into industrial grade, fertilizer grade, and others. In terms of application segmentation, the market is bifurcated into the food industry, compound fertilizer production, and others.

Some of the essential players operating in the mono-potassium phosphate market, but not restricted include:

• Haifa Group
•  Master Plant-Prod
•  Foodchem International Corporation
•  Sichuan Blue Sword Chemical
•  Shifang Talent Chemical
•  Lianyungang Dongtai Food Ingredients
•  Jiangsu Mupro IFT

The taxonomy of the mono-potassium phosphate market by its scope and segmentation is as follows:

By Type Segmentation Analysis (Customizable)

• Industrial Grade
• Fertilizer Grade
• Others

By Application Segmentation Analysis (Customizable)

• Food Industry
• Compound Fertilizer Production
• Others

Global Nano Copper Oxide Market: Regional Segmentation Analysis (Customizable)

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of the Middle East & Africa