Diammonium Hydrogen Phosphate Market
PUBLISHED: 2023 ID: SMRC23888
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Diammonium Hydrogen Phosphate Market

Diammonium Hydrogen Phosphate Market Forecasts to 2030 - Global Analysis By Type (Food Grade, Industry Grade, Pharmaceutical grade and Other Types), Crop Type(Rapeseeds, Potatoes, Sugar Beet, Fodder Beet, Lupine and Other Crop Types), Form (Powder, Granular and Other Forms), Application (Fertilizers, Food & Beverages, Fire Retardant, Metals, Yeast Manufacturing, Food Additives, Corrosion Inhibitors, Water Treatment, Reagents, Detergents, Colorant Products, Animal Feed, Enzymes Processing and Other Applications), End User and By Geography

4.1 (41 reviews)
4.1 (41 reviews)
Published: 2023 ID: SMRC23888

This report covers the impact of COVID-19 on this global market
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Years Covered

2021-2030

Estimated Year Value (2023)

US $4.41 BN

Projected Year Value (2030)

US $6.63 BN

CAGR (2023 - 2030)

6.0%

Regions Covered

North America, Europe, Asia Pacific, South America, and Middle East & Africa

Countries Covered

US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa

Largest Market

Asia Pacific

Highest Growing Market

Asia Pacific


According to Stratistics MRC, the Global Diammonium Hydrogen Phosphate Market is accounted for $4.41 billion in 2023 and is expected to reach $6.63 billion by 2030 growing at a CAGR of 6.0% during the forecast period. A salt that is water-soluble is known as diammonium hydrogen phosphate (DAP). Phosphoric acid and ammonia react chemically to produce DAP. It is most useful in agriculture as a fertilizer that temporarily raises the pH level of the soil. Later on, though, the nitrification of ammonium causes the soil to become more acidic. Moreover, DAP is primarily used as a fertilizer, but it is also used as a nutrient for yeast during fermentation. It is useful in the wine and mead-brewing industries because of this characteristic.

According to a report by the U.S. National Fire Protection Association (NFPA), in 2021, the death rate from fire accidents hit a 14-year high. The report further states that the local fire departments responded to 1.35 million fires in that year alone.



Market Dynamics:

Driver:

Enhancing crop yield

DAP is a cornerstone of contemporary agriculture and is prized for its ability to significantly increase crop yields. Its distinct nutrient composition stimulates plant growth by offering a readily available source of phosphorus and nitrogen. Crops grow stronger and healthier as a result, increasing agricultural productivity. Additionally, the importance of DAP in increasing crop yield is underscored by the fact that the global agricultural sector must continue to grapple with the problem of producing more on a finite amount of arable land.

Restraint:

Environment-related issues

DAP has an impact on the environment primarily through nutrient runoff, which causes eutrophication and water pollution. In order to reduce runoff, regulations now call for precision farming techniques like soil testing and buffer zones. Farmers will have to spend more money and make more effort to comply as a result. Furthermore, the industry is under pressure to lessen its ecological footprint due to rising environmental awareness and concerns, which emphasize the necessity for sustainable agricultural practices.

Opportunity:

Management of nutrients services

By providing comprehensive nutrient management services to farmers, DAP producers can take on a more significant role than just supplying the product. This customer-focused strategy involves offering farmers customized fertilizer plans, soil testing, and nutrient mapping. However, companies can not only add value for their customers but also support sustainable and environmentally friendly farming practices by helping farmers maximize the use of DAP and ensure responsible fertilizer application. These services aid farmers in decision-making, lessen over-application, and lessen the negative effects of their operations on the environment. As a result, they boost agricultural productivity and ecological sustainability.

Threat:

Competition from substitute fertilizers

Alternative fertilizers, such as urea, ammonium nitrate, and potassium-based fertilizers, which have different nutrient compositions and application advantages, are fierce competitors in the DAP market. Moreover, farmers are increasingly looking into these options to maximize crop nutrition while reducing environmental effects. Due to the accessibility and acceptance of these substitute fertilizers, DAP manufacturers may experience a reduction in their market share and potential for growth. As a result, they will be forced to differentiate their products through innovation, efficiency, and targeted marketing strategies.

Covid-19 Impact:

The diammonium hydrogen phosphate (DAP) market was significantly impacted by the COVID-19 pandemic in a number of ways. The market initially experienced supply chain disruptions, particularly in relation to the availability of essential raw materials and logistical issues. Manufacturing and distribution were impacted by lockdowns and restrictions, which resulted in temporary shortages and logistical hiccups. However, the importance of the agriculture industry was recognized, which lessened some of the negative effects. Farmers purchasing decisions were impacted by market uncertainty and economic downturns as the pandemic developed, which caused changes in DAP demand.

The Fertilizers segment is expected to be the largest during the forecast period

During the forecast period, the fertilizer segment holds the largest market share. By supplying vital nutrients like nitrogen, phosphorus, and potassium to boost crop yields and improve soil fertility, fertilizers play a crucial role in modern agriculture. The need to produce more food on a finite amount of arable land is what primarily drives the demand for fertilizers, including diammonium hydrogen phosphate (DAP). Moreover, a key component of the agricultural sector is the fertilizer segment, which includes a broad range of products that cater to various crop types and soil conditions. It contributes significantly to addressing issues with global food security, making it a significant and long-lasting sector in the agribusiness industry.

The pharmaceutical segment is expected to have the highest CAGR during the forecast period

The market's highest CAGR is anticipated in the pharmaceutical sector. The pharmaceutical sector is crucial to healthcare and is constantly changing to meet the needs of an aging population and new medical discoveries. The prevalence of chronic diseases is rising, access to healthcare in emerging markets is expanding, and novel drug therapies are being sought after, all of which are factors in the industry's rapid growth. Additionally, the pharmaceutical industry is defined by ongoing research and development, patent expirations, and the demand for new, more potent medicines, all of which contribute to growth. The industry is being further advanced by regulatory approvals, investments in biotechnology, and a growing focus on personalized medicine.

Region with largest share:

During the forecast period, the Asia-Pacific region is anticipated to hold the largest market share for diammonium hydrogen phosphate. The demand for diammonium hydrogen phosphate in the region has been rising as a result of the expanding agricultural sector and the accessibility of large tracts of arable land in nations like China and India. Fertilizers containing diammonium hydrogen phosphate are applied to crops like paddy, cotton, vegetable crops, peanuts, and broomcorn. Diammonium hydrogen phosphate fertilizers are becoming more and more popular in the region's agriculture as a result.

Region with highest CAGR:

Asia-Pacific is the region with the highest CAGR in the diammonium hydrogen phosphate (DAP) market. Numerous factors, such as the region's sizable agricultural sector, swift urbanization, and rising demand for food products, are responsible for this dynamic growth. The demand for fertilizers like DAP has increased as a result of significant investments made by nations like China and India in modernizing their agriculture. Additionally, the Asia-Pacific region is adopting more sustainable farming methods and precision farming techniques, which encourages the effective use of DAP and other fertilizers. A further factor driving market expansion in the area is the adoption of eco-friendly and effective fertilizers as a result of growing environmental concerns.



Key players in the market

Some of the key players in Diammonium Hydrogen Phosphate Market include Shalibhadra Dyechem Private Limited, Indian Farmers Fertiliser Cooperative Limited (IFFCO), PhosAgro Group of Companies, Sinofert Holdings Limited, Acron, Koch Fertilizer LLC, Hubei Xinyangfeng Fertilizer Co., Ltd., Gujarat Narmada Velly, China BlueChemical Ltd., Potash Corporation, Sichuan Chuanxi Xingda Chemical Co., Israel Chemicals Ltd., Wego Chemical Group, J.R. Simplot Company., Airedale Chemical Company Limited, Yara International ASA, The Mosaic Company, Agrium Inc., CF Industries Holdings, Inc. and EuroChem Group AG.

Key Developments:

In August 2023, PhosAgro signs new collective bargaining agreements. The Board of Directors of PJSC PhosAgro, one of the world’s leading producers of phosphate-based fertilizers, welcomed, at its meeting today, the signing of new collective bargaining agreements at all Group enterprises.

In June 2023, Indian Farmers Fertiliser Cooperative Ltd (IFFCO) on Thursday said it has signed an agreement with California-based Kapoor Enterprises Inc for export of nano liquid urea to the US. The agreement comes at a time when Prime Minister Narendra Modi is on a state visit to the US. IFFCO now started exporting world’s 1st Nano Urea invented & manufactured indigenously in India by IFFCO to USA. An agreement in regard of exporting IFFCO Nano Urea to USA is signed between IFFCO & Kapoor Enterprises Inc, California, the cooperative said in a statement.

In January 2023, FBSciences and Koch Agronomic Services (Koch) are collaborating to bring the latest in agricultural technologies and products to market. Through this strategic relationship, the two companies will leverage the synergies of their technologies to deliver next generation solutions for plant health.

Types Covered:
• Food Grade
• Industry Grade
• Pharmaceutical grade
• Other Types

Crop Types Covered:
• Rapeseeds
• Potatoes
• Sugar Beet
• Fodder Beet
• Lupine
• Other Crop Types

Forms Covered:
• Powder
• Granular
• Other Forms

Applications Covered:
• Fertilizers
• Fire Retardant
• Yeast Manufacturing
• Food Additives
• Corrosion Inhibitors
• Water Treatment
• Reagents
• Detergents
• Colorant Products
• Animal Feed
• Enzymes Processing
• Other Applications

End Users Covered:
• Agriculture
• Food and Beverage
• Chemical
• Safety and Hazard
• Construction
• Industrial
• Metal Fabrication
• Textile & Paper
• Furniture
• Pharmaceutical
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19

4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Diammonium Hydrogen Phosphate Market, By Type
5.1 Introduction
5.2 Food Grade
5.3 Industry Grade
5.4 Pharmaceutical grade
5.5 Other Types

6 Global Diammonium Hydrogen Phosphate Market, By Crop Type
6.1 Introduction
6.2 Rapeseeds
6.3 Potatoes
6.4 Sugar Beet
6.5 Fodder Beet
6.6 Lupine
6.7 Other Crop Types

7 Global Diammonium Hydrogen Phosphate Market, By Form
7.1 Introduction
7.2 Powder
7.3 Granular
7.4 Other Forms

8 Global Diammonium Hydrogen Phosphate Market, By Application
8.1 Introduction
8.2 Fertilizers
8.3 Fire Retardant
8.4 Yeast Manufacturing
8.5 Food Additives
8.6 Corrosion Inhibitors
8.7 Water Treatment
8.8 Reagents
8.9 Detergents
9 Colorant Products
9.1 Animal Feed
9.2 Enzymes Processing
9.3 Other Applications

9 Global Diammonium Hydrogen Phosphate Market, By End User
9.1 Introduction
9.2 Agriculture
9.3 Food and Beverage
9.4 Chemical
9.5 Safety and Hazard
9.6 Construction
9.7 Industrial
9.8 Metal Fabrication
9.9 Textile & Paper
9.10 Furniture
9.11 Pharmaceutical
9.12 Other End Users

10 Global Diammonium Hydrogen Phosphate Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa

11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies

12 Company Profiling
12.1 Shalinbhadra Dyechem Private Limited
12.2 Indian Farmers Fertiliser Cooperative Limited (IFFCO)
12.3 PhosAgro Group of Companies
12.4 Sinofert Holdings Limited
12.5 Acron
12.6 Koch Fertilizer LLC
12.7 Hubei Xinyangfeng Fertilizer Co., Ltd.
12.8 Gujarat Narmada Velly
12.9 China BlueChemical Ltd.
12.10 Potash Corporation
12.11 Sichuan Chuanxi Xingda Chemical Co.
12.12 Israel Chemicals Ltd.
12.13 Wego Chemical Group
12.14 J.R. Simplot Company.
12.15 Airedale Chemical Company Limited
12.16 Yara International ASA
12.17 The Mosaic Company.
12.18 Agrium Inc.
12.19 CF Industries Holdings, Inc.
12.20 EuroChem Group AG

List of Tables
1 Global Diammonium Hydrogen Phosphate Market Outlook, By Region (2021-2030) ($MN)
2 Global Diammonium Hydrogen Phosphate Market Outlook, By Type (2021-2030) ($MN)
3 Global Diammonium Hydrogen Phosphate Market Outlook, By Food Grade (2021-2030) ($MN)
4 Global Diammonium Hydrogen Phosphate Market Outlook, By Industry Grade (2021-2030) ($MN)
5 Global Diammonium Hydrogen Phosphate Market Outlook, By Pharmaceutical grade (2021-2030) ($MN)
6 Global Diammonium Hydrogen Phosphate Market Outlook, By Other Types (2021-2030) ($MN)
7 Global Diammonium Hydrogen Phosphate Market Outlook, By Crop Type (2021-2030) ($MN)
8 Global Diammonium Hydrogen Phosphate Market Outlook, By Rapeseeds (2021-2030) ($MN)
9 Global Diammonium Hydrogen Phosphate Market Outlook, By Potatoes (2021-2030) ($MN)
10 Global Diammonium Hydrogen Phosphate Market Outlook, By Sugar Beet (2021-2030) ($MN)
11 Global Diammonium Hydrogen Phosphate Market Outlook, By Fodder Beet (2021-2030) ($MN)
12 Global Diammonium Hydrogen Phosphate Market Outlook, By Lupine (2021-2030) ($MN)
13 Global Diammonium Hydrogen Phosphate Market Outlook, By Other Crop Types (2021-2030) ($MN)
14 Global Diammonium Hydrogen Phosphate Market Outlook, By Form (2021-2030) ($MN)
15 Global Diammonium Hydrogen Phosphate Market Outlook, By Powder (2021-2030) ($MN)
16 Global Diammonium Hydrogen Phosphate Market Outlook, By Granular (2021-2030) ($MN)
17 Global Diammonium Hydrogen Phosphate Market Outlook, By Other Forms (2021-2030) ($MN)
18 Global Diammonium Hydrogen Phosphate Market Outlook, By Application (2021-2030) ($MN)
19 Global Diammonium Hydrogen Phosphate Market Outlook, By Fertilizers (2021-2030) ($MN)
20 Global Diammonium Hydrogen Phosphate Market Outlook, By Fire Retardant (2021-2030) ($MN)
21 Global Diammonium Hydrogen Phosphate Market Outlook, By Yeast Manufacturing (2021-2030) ($MN)
22 Global Diammonium Hydrogen Phosphate Market Outlook, By Food Additives (2021-2030) ($MN)
23 Global Diammonium Hydrogen Phosphate Market Outlook, By Corrosion Inhibitors (2021-2030) ($MN)
24 Global Diammonium Hydrogen Phosphate Market Outlook, By Water Treatment (2021-2030) ($MN)
25 Global Diammonium Hydrogen Phosphate Market Outlook, By Reagents (2021-2030) ($MN)
26 Global Diammonium Hydrogen Phosphate Market Outlook, By Detergents (2021-2030) ($MN)
27 Global Diammonium Hydrogen Phosphate Market Outlook, By Colorant Products (2021-2030) ($MN)
28 Global Diammonium Hydrogen Phosphate Market Outlook, By Animal Feed (2021-2030) ($MN)
29 Global Diammonium Hydrogen Phosphate Market Outlook, By Enzymes Processing (2021-2030) ($MN)
30 Global Diammonium Hydrogen Phosphate Market Outlook, By Other Applications (2021-2030) ($MN)
31 Global Diammonium Hydrogen Phosphate Market Outlook, By End User (2021-2030) ($MN)
32 Global Diammonium Hydrogen Phosphate Market Outlook, By Agriculture (2021-2030) ($MN)
33 Global Diammonium Hydrogen Phosphate Market Outlook, By Food and Beverage (2021-2030) ($MN)
34 Global Diammonium Hydrogen Phosphate Market Outlook, By Chemical (2021-2030) ($MN)
35 Global Diammonium Hydrogen Phosphate Market Outlook, By Safety and Hazard (2021-2030) ($MN)
36 Global Diammonium Hydrogen Phosphate Market Outlook, By Construction (2021-2030) ($MN)
37 Global Diammonium Hydrogen Phosphate Market Outlook, By Industrial (2021-2030) ($MN)
38 Global Diammonium Hydrogen Phosphate Market Outlook, By Metal Fabrication (2021-2030) ($MN)
39 Global Diammonium Hydrogen Phosphate Market Outlook, By Textile & Paper (2021-2030) ($MN)
40 Global Diammonium Hydrogen Phosphate Market Outlook, By Furniture (2021-2030) ($MN)
41 Global Diammonium Hydrogen Phosphate Market Outlook, By Pharmaceutical (2021-2030) ($MN)
42 Global Diammonium Hydrogen Phosphate Market Outlook, By Other End Users (2021-2030) ($MN)

Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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