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Diammonium Phosphate (DAP) Market by Key Manufacturers Profile, Chain Structure and Current Outlook

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Rahul Sharma
Diammonium Phosphate (DAP) Market by Key Manufacturers Profile, Chain Structure and Current Outlook

11th October, 2018 - Diammonium Phosphate (DAP) Market is expected to witness rapid growth in the near future owing to high demand from fertilizer industry coupled with several favorable properties. Huge demand for fruits & vegetables and for other crop is estimated to drive the DAP market over the forecast period. Diammonium phosphate (DAP) also named as diammonium hydrogen phosphate is series of water-soluble ammonium phosphate salts which are produced by ammonia and phosphoric acid reaction. Solid diammonium phosphate shows some dissociation ammonia pressure.

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Huge food requirement from region such as India and China is estimated to drive the market over the forecast period. Several advantageous properties such as it increase the soil PH for shorter duration makes the usage of the Diammonium Phosphate (DAP) beneficial. However, stringent regulations are expected to hamper the growth over the eight year period. The industry is segmented based on product type as several phosphorus chemicals. Based on applications the market is segmented as Grains & oilseeds, Fruits & Vegetable and Other crops. Moreover it has application in fire retardant industry.

 

This research report on the global Diammonium Phosphate (DAP) market projects restraints, drivers, opportunities, growth figures and trends that are projected to be seen in this industry over the forecast period. For this purpose, our research understands the overall Diammonium Phosphate (DAP) market by segmenting it based on region, raw materials and application industry. The industry structure is studied and the future growth is estimated over the forecast period. The research is based on an extensive primary & secondary research obtained from secondary and primary sources. The primary and secondary data are used to estimate the quantitative growth figure of the DAP market. Each segment growth is estimated in terms of volume and price in USD. This report will provide detail about the application segment which is expected to have highest penetration over the forecast.

 

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