1. © 2016 Global Market Insights. All Rights Reserved www.gminsigts.com Industrial Phosphate Market(2017-2024): Competitive Market Share & Forecast Global industrial phosphate market share is consolidated with prominent players such as The Mosiac Company, Israel Chemicals, Aditya Birla Chemicals, PhosAgro, EuroChem, OCP Group, Timab Industries, Fosfitalia and Potash Corp.

2. © 2016 Global Market Insights. All Rights Reserved www.gminsigts.com Industrial Phosphate Market size may grow exponentially over the projected period. Strong application scope in food, fertilizers, personal hygiene, detergents and construction sectors will drive industry growth. Global detergent consumption may witness gains at over 5% up to 2024. Different consumer habits in various regions and rising disposable income and increasing population has led to rise in demand from hospitality, clothing and laundry services driving detergent industry growth. Industrial phosphate is extensively used for cleaning in various end-use industries like paint, chemical, automobile, paper and textile which should have positive influence on product market size. Global fertilizer consumption was estimated to be over 185 million tons in 2016 and may surpass 225 million tons by 2024. Industrial phosphate fertilizers may witness steady growth over the foreseeable timeframe due to high potash content which are favorable for crop yield along with expanding phosphoric acid production capacities in China, Morocco and Saudi Arabia will drive the industry growth. Global Market Scenario of Industrial Phosphate

3. © 2016 Global Market Insights. All Rights Reserved www.gminsigts.com Product Analysis:- Industrial phosphate find application in various food products including bakery, seafood, dairy and poultry products. Rising consumer health consciousness along with changing dietary patterns has led to increase in food grade phosphorus consumption, thereby driving industry growth. Increasing application scope in seafood products owing to retaining moisture & flavor, lipid oxidation prevention and extending shelf life may propel industrial phosphate demand. Favorable government regulations by FDA and USDA regarding product usage in food industry should fuel product demand. Regional Trends:- Asia Pacific, led by India, Japan, South Korea, and China industrial phosphate market size may witness strong gains owing to rise in per-capita disposable income resulting in ready-to-use baking mixes, seafood products, packaged meat and convenience food and beverages products demand should stimulate regional industry growth. Increase in detergent consumption on account of hospitality, laundry services and textile industry may fuel product demand in the region. Europe, driven by UK, France, Italy and Germany industrial phosphate market size may register significant gains owing to lithium ion-phosphate (LFP) batteries production which are used in electrical devices and vehicle industries is likely to stimulate regional industry growth. Potassium and calcium phosphates has wide usage in European food and beverage market driving industry growth.

4. © 2016 Global Market Insights. All Rights Reserved www.gminsigts.com Competitive Trends: Global industrial phosphate market share is consolidated with prominent players such as The Mosiac Company, Israel Chemicals, Aditya Birla Chemicals, PhosAgro, EuroChem, OCP Group, Timab Industries, Fosfitalia and Potash Corp.

5. © 2016 Global Market Insights. All Rights Reserved www.gminsigts.com Latest Research Report On Industrial Phosphate Market @ http://bit.ly/2eGS0Fj Request for a Sample of this Research report @ http://bit.ly/2wH4C4e http://bit.ly/2wH4C4e

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