The Report “North America Phosphatic Fertilizers Market, By Type (DAP, MAP, Super Phosphate, Others), By Application (Grains & Oilseeds, Fruits & Vegetables, Rest (Crops)) and By Country- Trends and Forecast upto 2019”, is estimated to reach $4,462.05 million in 2019, growing at a CAGR of 0.64% from 2014 to 2019.
Browse through the TOC of the North America Phosphatic Fertilizers Market for an analysis of industry trends and segments, with the help of various tables and figures.
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Despite the rising costs of engaging in business, strong demand and rising farm profits in North America have given the phosphatic fertilizers market enough support to boost the previously lagging spring and summer fertilizer buying numbers. There has been an increasing thrust on the use of fertilizers for producing bio-fuels. U.S. and later Canada recently succeeded in producing Shale gas and thereby replacing it with natural gas used for various production processes. This has brought down the cost of production. The lowered energy prices, as an input for production, has made the fertilizer affordable to many section of farmers as a result of which there is an increase in demand of phosphate fertilizers. The most preferred phosphatic fertilizer in North American region is mono ammonium phosphate (DAP).
U.S. is the major market acquiring 71.09% of the total market revenue in the year 2014. Mexico is the emerging market in the North 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 U.S., Mexico and Canada.
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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