Global Single Superphosphate (SSP) Market to 2023: Rise in Demand for Micronutrient-Based Fertilizers
Dublin, May 13, 2019 (GLOBE NEWSWIRE) -- The "Global Single Superphosphate (SSP) Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.
The single superphosphate (SSP) market will register a CAGR of nearly 3% by 2023.
Single Superphosphate (SSP) is one of the type of phosphate fertilizers. It is one of the conventionally used chemicals in fertilizers. It is preferred to other fertilizers owing to their low price and easy availability. Less stringent regulatory mandates on SSP can increase the use of SSP based fertilizers during the forecast period.
Market Overview
Growing demand for SSP in China
China is the largest producer and consumer of SSP in the world. SSP is used as fertilizers which is used in agriculture, horticulture and pasture. The increasing demand for fruits in China will drive the demand for SSP as fertilizers during the forecast period.
Alternatives to SSP fertilizers
Alternatives to SSP fertilizer pose a major challenge to the growth of the market. The agriculture industry uses substitutes like triple superphosphate, sulphur based fertilizers and NPK fertilizers in large volumes which impede the market growth.
Competitive Landscape
The market appears to be fairly concentrated and with the presence of few companies including Coromandel International Limited and GNFC the competitive environment is quite intense. Factors such as the growing demand for SSP in China will provide considerable growth opportunities to single superphosphate (SSP) manufactures.
Coromandel International Limited, GNFC, ICL, Jubilant Industries Ltd, and The Mosaic Company are some of the major companies covered in this report.
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
Preface
Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
Market ecosystem
Market characteristics
Market segmentation analysis
PART 04: MARKET SIZING
Market definition
Market sizing 2018
Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
PART 06: MARKET SEGMENTATION BY APPLICATION
Market segmentation by application
Comparison by application
Agriculture - Market size and forecast 2018-2023
Others - Market size and forecast 2018-2023
Market opportunity by application
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
Geographic segmentation
Geographic comparison
APAC - Market size and forecast 2018-2023
South America - Market size and forecast 2018-2023
Europe - Market size and forecast 2018-2023
North America - Market size and forecast 2018-2023
MEA - Market size and forecast 2018-2023
Key leading countries
Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 11: MARKET TRENDS
Reduction in arable land
Upcoming new plants for gypsum
Rise in demand for micronutrient-based fertilizers
PART 12: VENDOR LANDSCAPE
Overview
Landscape disruption
Competitive scenario
PART 13: VENDOR ANALYSIS
Vendors covered
Vendor classification
Market positioning of vendors
Coromandel International Limited
GNFC
ICL
Jubilant Industries Ltd
The Mosaic Company
PART 14: APPENDIX
For more information about this report visit https://www.researchandmarkets.com/r/27vy0n
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Related Topics: Fertilizer
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