(Australia-NewsWire.Com, April 21, 2017 ) The North American phosphatic fertilizer industry is estimated to grow at a sturdy rate. The factors assisting the growth are economic development, input-output prices and potential for agriculture sector.
Phosphorus is the 11th richest element in the earths crust. Nevertheless, the soil from which plants attain phosphorus comprises of only minor amounts of it. There is no other alternate for phosphorus in agriculture. Hence, phosphatic Fertilizers are used to complete the shortages in the soil so that it can supply essential phosphates to the plants.
High population progression directing to food security concern over the North America region together with growing need of enhanced field production largely drive the phosphatic fertilizers market growth.Apart from human utilization the grains are also in demand for generating animal feed for the meat industry. The augmented demand can only be met by growing the agricultural production, which can be attained by use of fertilizers for grain production. Resistance of farmers to take a shift towards costly fertilizers is a major factor hindering the growth of the market.
The key players covered in this report are CF Industries Holdings Inc. (U.S.), OCP (Morocco), Agrium Inc., (Canada), Potash Corp. of Saskatchewan (Canada), Mosaic (U.S.), Eurochem (Russia), ICL (Israel), Yara International ASA (Norway), Coromandel International Ltd. (India), and Phosagro (Russia).
The Phosphatic Fertilizers market study offers the following deliverables: Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
About Us: Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.