Product Code: ETC095504 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Thailand Ammonium Phosphate Market is likely to experience consistent growth rate gains over the period 2025 to 2029. The growth rate starts at 0.07% in 2025 and reaches 0.27% by 2029.
By 2027, Thailand's Ammonium Phosphate market is forecasted to achieve a stable growth rate of 0.10%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.
The ammonium phosphate market in Thailand is expected to register a CAGR of around 4.4% during the forecast period. Growing demand from end-use industries, such as water treatment and fertilizer production, and increasing government support for agricultural activities are driving the growth of the ammonium phosphate market in Thailand.
The Thailand ammonium phosphate market is driven by its use as a fertilizer that provides essential nutrients for plant growth. Agriculture remains a vital sector in the country, and ammonium phosphate`s ability to enhance soil fertility and crop yield supports its demand. As farmers seek to optimize production and increase agricultural output, the market for ammonium phosphate fertilizers is expected to witness steady growth.
In the Thailand ammonium phosphate market, a challenge is associated with environmental impact and nutrient management. Ammonium phosphate fertilizers, while beneficial for crop growth, can contribute to nutrient runoff and water pollution if not applied and managed properly. Balancing the need for increased agricultural productivity with sustainable farming practices and environmental conservation is a challenge that market participants must address.
The Thailand ammonium phosphate market, used in agriculture, flame retardants, and industrial applications, faced Covid-19-related challenges that impacted both production and demand. The disruptions in supply chains and reduced economic activities influenced the availability of raw materials and affected the demand for various applications. The agricultural sector witnessed shifts in fertilizer usage due to uncertainties in the market. However, as economies recovered, the market adapted to cater to agricultural and industrial needs, emphasizing the importance of sustainable practices and safety standards.
Notable participants in the Thailand ammonium phosphate market consist of PhosTech Industries, ThaiAmmonium Ltd., and FertilizerBlend Solutions. These companies focus on the production of ammonium phosphate fertilizers used to enhance crop productivity. Their contributions to sustainable agriculture and nutrient management establish them as key contributors to the market.
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 Thailand Ammonium Phosphate Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Ammonium Phosphate Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Ammonium Phosphate Market - Industry Life Cycle |
3.4 Thailand Ammonium Phosphate Market - Porter's Five Forces |
3.5 Thailand Ammonium Phosphate Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Ammonium Phosphate Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Ammonium Phosphate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Ammonium Phosphate Market Trends |
6 Thailand Ammonium Phosphate Market, By Types |
6.1 Thailand Ammonium Phosphate Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Ammonium Phosphate Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Thailand Ammonium Phosphate Market Revenues & Volume, By Mono-Ammonium Phosphate (MAP), 2021-2031F |
6.1.4 Thailand Ammonium Phosphate Market Revenues & Volume, By Di-Ammonium Phosphate (DAP), 2021-2031F |
6.1.5 Thailand Ammonium Phosphate Market Revenues & Volume, By Ammonium Polyphosphate, 2021-2031F |
6.2 Thailand Ammonium Phosphate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Ammonium Phosphate Market Revenues & Volume, By Fertilizer, 2021-2031F |
6.2.3 Thailand Ammonium Phosphate Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.2.4 Thailand Ammonium Phosphate Market Revenues & Volume, By Flame-Retardant, 2021-2031F |
6.2.5 Thailand Ammonium Phosphate Market Revenues & Volume, By Water Treatment, 2021-2031F |
6.2.6 Thailand Ammonium Phosphate Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.2.7 Thailand Ammonium Phosphate Market Revenues & Volume, By others, 2021-2031F |
7 Thailand Ammonium Phosphate Market Import-Export Trade Statistics |
7.1 Thailand Ammonium Phosphate Market Export to Major Countries |
7.2 Thailand Ammonium Phosphate Market Imports from Major Countries |
8 Thailand Ammonium Phosphate Market Key Performance Indicators |
9 Thailand Ammonium Phosphate Market - Opportunity Assessment |
9.1 Thailand Ammonium Phosphate Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Ammonium Phosphate Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Ammonium Phosphate Market - Competitive Landscape |
10.1 Thailand Ammonium Phosphate Market Revenue Share, By Companies, 2024 |
10.2 Thailand Ammonium Phosphate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |