Vietnam Phosphates Market (2025-2031) Outlook | Share, Companies, Revenue, Trends, Analysis, Size, Value, Forecast, Industry & Growth

Market Forecast By Type (Ammonium Phosphate, Calcium Phosphate, Phosphoric Acid, Potassium Phosphate, Sodium Tripolyphosphate, Others), By Application (Fertilizers, Foods & Beverages, Detergents, Water Treatment Chemicals, Metal Finishing, Others), By Type of Resource: (Sedimentary Marine Deposits, Igneous & Weathered Rock, Biogenic, Others) And Competitive Landscape
Product Code: ETC338790 Publication Date: Aug 2022 Updated Date: Aug 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Vietnam Phosphates Market Size Growth Rate


The Vietnam Phosphates Market is poised for steady growth rate improvements from 2025 to 2029. Commencing at 11.00% in 2025, growth builds up to 13.27% by 2029.

Vietnam Phosphates Market Growth Rate

Phosphates Market: Vietnam vs Top 5 Major Economies in 2027 (Asia)


The Phosphates market in Vietnam is projected to grow at a high growth rate of 12.34% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.

Phosphates Market: Vietnam vs Top 5 Major Economies in 2027 (Asia)

Vietnam Phosphates Market Synopsis

The phosphates market in Vietnam encompasses a wide range of phosphate-based products, including fertilizers, food additives, and industrial chemicals. Phosphates are essential for plant nutrition and are also used in the food processing industry as additives to enhance food quality and preservation. The market is shaped by fluctuations in agricultural demand, food industry regulations, and technological advancements in phosphate processing. Sustainable and environmentally friendly phosphate production methods have gained importance in recent years.

Drivers of the Market

The Vietnam Phosphates market is closely tied to the agricultural industry. Phosphates, in the form of phosphate fertilizers, are essential for enhancing crop yields. The government`s efforts to promote modern farming practices and increase agricultural productivity are driving the demand for phosphates. Additionally, phosphates are used in various industrial processes, including water treatment and detergents, further supporting market growth. The country`s expanding industrial base and population growth are expected to sustain the demand for phosphates in Vietnam.

Challenges of the Market

The Vietnam phosphates market confronts challenges tied to market volatility and competition from alternative fertilizers. Phosphate prices can fluctuate significantly, impacting the profitability of agricultural businesses. Additionally, sustainable agriculture practices and alternative fertilizers may reduce the reliance on traditional phosphate-based products.

COVID-19 Impact on the Market

The Vietnam Phosphates Market experienced fluctuations during the pandemic. While the demand for phosphate-based fertilizers remained relatively stable, the disruption in logistics and transportation impacted the distribution of these products. Farmers faced challenges in accessing essential agricultural inputs, affecting crop production.

Key Players in the Market

A leading player in the Vietnam phosphates market is DAP-Vinachem JSC, a subsidiary of Vinachem Corporation. DAP-Vinachem specializes in the production of diammonium phosphate (DAP) and other phosphate-based fertilizers, contributing significantly to the country`s agricultural sector and export market.

Key Highlights of the Report:

  • Vietnam Phosphates Market Outlook
  • Market Size of Vietnam Phosphates Market, 2024
  • Forecast of Vietnam Phosphates Market, 2031
  • Historical Data and Forecast of Vietnam Phosphates Revenues & Volume for the Period 2021-2031
  • Vietnam Phosphates Market Trend Evolution
  • Vietnam Phosphates Market Drivers and Challenges
  • Vietnam Phosphates Price Trends
  • Vietnam Phosphates Porter's Five Forces
  • Vietnam Phosphates Industry Life Cycle
  • Historical Data and Forecast of Vietnam Phosphates Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Phosphates Market Revenues & Volume By Ammonium Phosphate for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Phosphates Market Revenues & Volume By Calcium Phosphate for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Phosphates Market Revenues & Volume By Phosphoric Acid for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Phosphates Market Revenues & Volume By Potassium Phosphate for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Phosphates Market Revenues & Volume By Sodium Tripolyphosphate for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Phosphates Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Phosphates Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Phosphates Market Revenues & Volume By Fertilizers for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Phosphates Market Revenues & Volume By Foods & Beverages for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Phosphates Market Revenues & Volume By Detergents for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Phosphates Market Revenues & Volume By Water Treatment Chemicals for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Phosphates Market Revenues & Volume By Metal Finishing for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Phosphates Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Phosphates Market Revenues & Volume By Type of Resource: for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Phosphates Market Revenues & Volume By Sedimentary Marine Deposits for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Phosphates Market Revenues & Volume By Igneous & Weathered Rock for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Phosphates Market Revenues & Volume By Biogenic for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Phosphates Market Revenues & Volume By Others for the Period 2021-2031
  • Vietnam Phosphates Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By Type of Resource:
  • Vietnam Phosphates Top Companies Market Share
  • Vietnam Phosphates Competitive Benchmarking By Technical and Operational Parameters
  • Vietnam Phosphates Company Profiles
  • Vietnam Phosphates Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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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 Vietnam Phosphates Market Overview

3.1 Vietnam Country Macro Economic Indicators

3.2 Vietnam Phosphates Market Revenues & Volume, 2021 & 2031F

3.3 Vietnam Phosphates Market - Industry Life Cycle

3.4 Vietnam Phosphates Market - Porter's Five Forces

3.5 Vietnam Phosphates Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Vietnam Phosphates Market Revenues & Volume Share, By Application, 2021 & 2031F

3.7 Vietnam Phosphates Market Revenues & Volume Share, By Type of Resource:, 2021 & 2031F

4 Vietnam Phosphates Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for fertilizers in the agriculture sector

4.2.2 Growing population leading to higher food production requirements

4.2.3 Government initiatives to promote agricultural productivity

4.3 Market Restraints

4.3.1 Fluctuating raw material prices affecting production costs

4.3.2 Environmental concerns regarding phosphate mining and usage

4.3.3 Competition from substitute products such as organic fertilizers

5 Vietnam Phosphates Market Trends

6 Vietnam Phosphates Market, By Types

6.1 Vietnam Phosphates Market, By Type

6.1.1 Overview and Analysis

6.1.2 Vietnam Phosphates Market Revenues & Volume, By Type, 2021-2031F

6.1.3 Vietnam Phosphates Market Revenues & Volume, By Ammonium Phosphate, 2021-2031F

6.1.4 Vietnam Phosphates Market Revenues & Volume, By Calcium Phosphate, 2021-2031F

6.1.5 Vietnam Phosphates Market Revenues & Volume, By Phosphoric Acid, 2021-2031F

6.1.6 Vietnam Phosphates Market Revenues & Volume, By Potassium Phosphate, 2021-2031F

6.1.7 Vietnam Phosphates Market Revenues & Volume, By Sodium Tripolyphosphate, 2021-2031F

6.1.8 Vietnam Phosphates Market Revenues & Volume, By Others, 2021-2031F

6.2 Vietnam Phosphates Market, By Application

6.2.1 Overview and Analysis

6.2.2 Vietnam Phosphates Market Revenues & Volume, By Fertilizers, 2021-2031F

6.2.3 Vietnam Phosphates Market Revenues & Volume, By Foods & Beverages, 2021-2031F

6.2.4 Vietnam Phosphates Market Revenues & Volume, By Detergents, 2021-2031F

6.2.5 Vietnam Phosphates Market Revenues & Volume, By Water Treatment Chemicals, 2021-2031F

6.2.6 Vietnam Phosphates Market Revenues & Volume, By Metal Finishing, 2021-2031F

6.2.7 Vietnam Phosphates Market Revenues & Volume, By Others, 2021-2031F

6.3 Vietnam Phosphates Market, By Type of Resource:

6.3.1 Overview and Analysis

6.3.2 Vietnam Phosphates Market Revenues & Volume, By Sedimentary Marine Deposits, 2021-2031F

6.3.3 Vietnam Phosphates Market Revenues & Volume, By Igneous & Weathered Rock, 2021-2031F

6.3.4 Vietnam Phosphates Market Revenues & Volume, By Biogenic, 2021-2031F

6.3.5 Vietnam Phosphates Market Revenues & Volume, By Others, 2021-2031F

7 Vietnam Phosphates Market Import-Export Trade Statistics

7.1 Vietnam Phosphates Market Export to Major Countries

7.2 Vietnam Phosphates Market Imports from Major Countries

8 Vietnam Phosphates Market Key Performance Indicators

8.1 Average selling price of phosphate-based fertilizers

8.2 Adoption rate of advanced phosphate application techniques in agriculture

8.3 Percentage of arable land utilizing phosphate-based fertilizers

9 Vietnam Phosphates Market - Opportunity Assessment

9.1 Vietnam Phosphates Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Vietnam Phosphates Market Opportunity Assessment, By Application, 2021 & 2031F

9.3 Vietnam Phosphates Market Opportunity Assessment, By Type of Resource:, 2021 & 2031F

10 Vietnam Phosphates Market - Competitive Landscape

10.1 Vietnam Phosphates Market Revenue Share, By Companies, 2024

10.2 Vietnam Phosphates Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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