This Phosphoric Acid market report has been prepared by considering several fragments of the present and upcoming market scenario. The market insights gained through this market research analysis report facilitates more clear understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market insights covered in Phosphoric Acid report simplifies managing marketing of goods and services effectively.

Data Bridge Market Research analyses that the global phosphoric acid market is expected to reach USD 53,986.67 million by 2031, which was USD 38,845.86 million in 2023, registering a CAGR of 4.2% during the forecast period of 2024 to 2031.  

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Market Overview:

The phosphoric acid market offers solid and liquid forms, with examples such as MAP (Monoammonium phosphate) and DAP (Diammonium phosphate) in solid form for fertilizers. Liquid phosphoric acid is a key ingredient in the production of carbonated beverages, enhancing flavors in colas. The market's diversity, spanning agriculture to the beverage industry, reflects its significance in global economic sectors and consumer goods.

Some of the major players operating in the Phosphoric Acid market are Nutrien Ltd (Canada), OCP (Morocco), J.R. Simplot Company (U.S.), Brenntag North America, Inc. (U.S.), Arkema (France), ICL (Israel), Innophos (U.S.), Spectrum Chemical (U.S.), Solvay (Belgium), Merck KGaA (Germany), Prayon (Belgium), CLARIANT (Switzerland), Jordan Phosphate Mines Company (PLC) (Jordan), Quadra Chemicals Ltd. (Canada), Chemische Fabrik Budenheim KG (Germany), Grupa Azoty (Poland), EuroChem Group (Switzerland) among others.

Global Phosphoric Acid Market Scope

The global phosphoric acid market is segmented on the basis of process type, form, grade, and applications. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Process Type

Wet Process

Thermal Process





Technical Grade

Food Grade

Feed Grade


Food and Beverages

Animal Feed

Personal Care

Chemical Manufacturing

Leather and Textile

Cleaning Agents

Ceramics and Refractories

Agricultural Fertilizers

Diamonium Hydrogenphosphate (DAP)

Monoammonium Dihydrogenphosphate (MAP)

Triple Superphosphate (TSP)


Water Treatment




Oral and Dental Care




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Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Global Phosphoric Acid Market Landscape

Part 04: Global Phosphoric Acid Market Sizing

Part 05: Global Phosphoric Acid Market Segmentation By Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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