The Report “Latin America Phosphatic Fertilizer Market, by Type (DAP, MAP, Super Phosphate, others), by Application (Grains & Oilseeds, Fruits & Vegetables, Rest (Crops)) and by Country- Trends and Forecast up to 2019” is estimated to reach $9,504.07 million by 2019 , at a CAGR of 1.9% from 2014 to 2019.
Browse through the TOC of the Latin America Phosphatic Fertilizer Market for an analysis of industry trends and segments, with the help of various tables and figures.
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Latin America is a promising market for phosphatic fertilizers, as it works towards increasing its agricultural production capacity by about one-third. The main consumers of fertilizers in this region are Brazil and Argentina. In fact, Brazil is one of the biggest consumers of fertilizers in the world. More than two-thirds of the nutrients consumed in each country in Latin America are imported. This indicates that the region relies on foreign markets for the supply of phosphatic fertilizers. Increased use of bio-fuels has encouraged the farmers to increase the farm production. Sugarcane is used for obtaining ethanol. This has pushed the demand for fertilizers. The most preferred phosphatic fertilizer in the region is Superphosphate, which accounts for more than 50% consumption of phosphatic fertilizer in the region.
Brazil is the major market acquiring 75.76% of the total Asia-pacific market revenue in the year 2014. Argentina is the emerging market in the Latin American phosphatic fertilizer industry.
This market is segmented and forecasted on the basis of types of phosphatic fertilizers, such as diammonium phosphate, monoammonium phosphate, superphosphate and others. It is also segmented on the basis of application, such as grains & cereals, fruits & vegetables, and others. The market is further segmented and forecasted on the basis of major countries, such as the Brazil, Argentina and others.
This report also includes the market share, supply chain and value chain analyses, and market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of key players in the market including major companies which provide well intervention services.
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