Ammonium Phosphate Market Discovered in Latest Report and Forecast by 2030
Market Overview: Ammonium Phosphate is a chemical salt of ammonia and phosphorus. It is highly unstable, non-combustible compound and thermally decomposes to emit fumes of phosphorus oxides, nitrogen oxides, and ammonia. Ammonium phosphate is extensively used in fertilizer manufacturing and is holding a major share of the global ammonium phosphate market. The various available types of ammonium phosphates’ are mono-ammonium phosphate (MAP), di-ammonium phosphate (DAP), and ammonium polyphosphate. Ammonium phosphate is used for the production of the most concentrated fertilizers namely Meta, pyro, and orthophosphates of ammonia. The global ammonium phosphate market is mainly driven by its application as a fertilizer due to the increasing demand from major agricultural economies such as India, Brazil, Argentina, China, Indonesia, among others. Mono-ammonium phosphate is a primary choice for fertigation due to its ability to create a moderate acidic nature, which is favorable ...