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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Diammonium Hydrogen Phosphate Market predicted to grow exponentially by.

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Presentation on theme: "© 2016 Global Market Insights, Inc. USA. All Rights Reserved Diammonium Hydrogen Phosphate Market predicted to grow exponentially by."— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Diammonium Hydrogen Phosphate Market predicted to grow exponentially by 2025: Global Market Insights, Inc.

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Asia Pacific Diammonium Hydrogen Phosphate market size possesses the highest growth potential and is expected to follow a positive trend in future as well. China and India accounts to hold the major share in the region as a result of having a well- established agriculture sector. Latin America is also anticipated to achieve a high growth rate as a result of increasing product demand from food industry. Also, the region is experiencing agricultural sector growth.Diammonium Hydrogen Phosphate market Regional Analysis of Diammonium Hydrogen Phosphate Market :

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Application Analysis of Diammonium Hydrogen Phosphate Market :  Based on application, Diammonium Hydrogen Phosphate (DAP) market size is segmented into wine making, fertilizers, fire retardant, food industry and metal industry. The major application segment of the market is fertilizers industry. A high growth rate is expected from this segment in the near future as DAP is increasingly being used to obtain an improved PH level of soil. Adding further, the product is gaining its importance in fire extinguishing applications which is attributed to its ability to produce a low pyrolysis temperature and a strong char formation. Furthermore, it is also used in sugar purification to control acid- insoluble and soluble alkali colloidal dyes precipitation, improving nicotine in cigarette, preventing afterglow in matches and in soldering of flux for copper, zinc, brass and tin.  DAP fertilizers are majorly used in paddy, cotton, peanut, vegetable crops and in broomcorn. The demand for the product, hence, relies on these crop productions. Other segment that has registered a remarkable growth is wine and yeast industry. The product is required in a small amount with yeast in wine production process. The increasing demand of wines due to changing lifestyles and rising incomes is highly influencing market growth. Africa being the largest producer of wine will witness the largest demand for DAP fertilizers in the coming years.

4 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Application Analysis of Diammonium Hydrogen Phosphate Market :  Increasing investment in agriculture sector in countries like India where economy is largely dependent on agriculture sector has been witnessing significant rise in fertilizers demand which will have positive influence on Diammonium Hydrogen Phosphate market size in the coming years. Increasing dependency on fertilizers caused by shrinking of cultivated lands and strong need for high production yield crops is expected to aid the overall product demand by 2025. Furthermore, DAP is increasingly used in fire retarding application in many industries. Therefore, growing demand for firefighting products as a result of several government policies regarding environment safety, health and safety concerns in commercial, residential and industrial buildings will drive the global Diammonium Hydrogen Phosphate (DAP) market size in the forecast timeframe. Also, a rapid rise in wine owing to its health benefits is assisting the development of market.

5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Diammonium Hydrogen Phosphate market is quite fragmented and is expected to drive the overall growth potential as a result of increasing demand from countries like South Africa, India and China. Key players in the market are China Blue Chemicals Ltd., Gujarat Narmada Valley, Mosaic Co., PhosAgro AG, Sichuan Chuanxi Xingda Chemical Co., China Blue Chemicals Ltd. etc. Competitive Market Share of Diammonium Hydrogen Phosphate Market :

6 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Browse Full Market Research Report On Diammonium Hydrogen Phosphate Market @ http://bit.ly/2lYl2Uehttp://bit.ly/2lYl2Ue Request for an in-depth table of contents for this report @ http://bit.ly/2lYl2Ue http://bit.ly/2lYl2Ue

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