Product Code: ETC095503 | Publication Date: Aug 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India ammonium phosphate market import shipments experienced a steady growth trend with a notable CAGR of 7.3% from 2020 to 2024. However, there was a significant decline in growth rate between 2023 and 2024 at -25.4%, indicating a sudden slowdown in market expansion during that period. Overall, the market exhibited growth momentum but showed signs of stabilization towards the end of the period.
The India Ammonium Phosphate Marketis expected to register a significant growth during the forecast period, owing to its growing demand from the fertilizer industry. The increasing population and rising demand for food products will drive the demand for ammonium phosphate in India. In addition, rising awareness among farmers about using fertilizers to increase crop yield is also expected to fuel the growth of this market in India. Moreover, government initiatives such as Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) are also anticipated to propel the growth of this market over the next few years.
The India Ammonium Phosphate market is driven by various factors such as the increasing demand for fertilizers in India agriculture, rising awareness among farmers regarding the importance of soil health and fertility, government initiatives to promote balanced use of fertilizers, availability of cost-effective products with good nutrient content, growing trend towards organic farming, and introduction of new technologies. Additionally, the growth in food production due to population expansion has further boosted fertilizer consumption in India. Furthermore, supportive government policies have enabled local companies to produce ammonium phosphate at competitive prices.
Some challenges may impede its progress this includes volatility in prices due to fluctuations in global production levels or raw material supply constraints; stringent environmental regulations; and inadequate storage capacities in rural areas which can adversely affect sales prospects for distributors.
The major players operating in IndiaAmmonium Phosphate Market include Coromandel International, Yara International ASA (Yara Fertilizers), Deepak Fertilisers & Petrochemicals Corporation Ltd., GSFC, Khaitan Chemicals & Fertilizers Limited among others
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Ammonium Phosphate Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Ammonium Phosphate Market Revenues & Volume, 2021 & 2031F |
3.3 India Ammonium Phosphate Market - Industry Life Cycle |
3.4 India Ammonium Phosphate Market - Porter's Five Forces |
3.5 India Ammonium Phosphate Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Ammonium Phosphate Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Ammonium Phosphate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for fertilizers in agriculture sector |
4.2.2 Government initiatives promoting the use of fertilizers |
4.2.3 Growth in population leading to higher food demand |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials |
4.3.2 Environmental concerns related to fertilizer usage |
4.3.3 Competition from alternative fertilizers |
5 India Ammonium Phosphate Market Trends |
6 India Ammonium Phosphate Market, By Types |
6.1 India Ammonium Phosphate Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Ammonium Phosphate Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Ammonium Phosphate Market Revenues & Volume, By Mono-Ammonium Phosphate (MAP), 2021-2031F |
6.1.4 India Ammonium Phosphate Market Revenues & Volume, By Di-Ammonium Phosphate (DAP), 2021-2031F |
6.1.5 India Ammonium Phosphate Market Revenues & Volume, By Ammonium Polyphosphate, 2021-2031F |
6.2 India Ammonium Phosphate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Ammonium Phosphate Market Revenues & Volume, By Fertilizer, 2021-2031F |
6.2.3 India Ammonium Phosphate Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.2.4 India Ammonium Phosphate Market Revenues & Volume, By Flame-Retardant, 2021-2031F |
6.2.5 India Ammonium Phosphate Market Revenues & Volume, By Water Treatment, 2021-2031F |
6.2.6 India Ammonium Phosphate Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.2.7 India Ammonium Phosphate Market Revenues & Volume, By others, 2021-2031F |
7 India Ammonium Phosphate Market Import-Export Trade Statistics |
7.1 India Ammonium Phosphate Market Export to Major Countries |
7.2 India Ammonium Phosphate Market Imports from Major Countries |
8 India Ammonium Phosphate Market Key Performance Indicators |
8.1 Crop yield improvement rate |
8.2 Adoption rate of sustainable farming practices |
8.3 Government subsidies allocated to fertilizer industry |
9 India Ammonium Phosphate Market - Opportunity Assessment |
9.1 India Ammonium Phosphate Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Ammonium Phosphate Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Ammonium Phosphate Market - Competitive Landscape |
10.1 India Ammonium Phosphate Market Revenue Share, By Companies, 2024 |
10.2 India Ammonium Phosphate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |