Asia Pacific Magnesium Phosphate Market Size, Share & Trends Analysis Report By Form (Dimagnesium Phosphate, Monomagnesium Phosphate, and Trimagnesium Phosphate), By Application, By Country and Growth Forecast, 2024 - 2031

The Asia Pacific Magnesium Phosphate Market would witness market growth of 4.1% CAGR during the forecast period (2024-2031). In the year 2022, the Asia Pacific market's volume surged to 43,502.10 tonnes, showcasing a growth of 12.7% (2020-2023).

Fertilizers containing magnesium phosphate are essential components of the agricultural sector, offering a vital source of magnesium and phosphorus to promote plant growth and development. Magnesium is a crucial nutrient necessary for chlorophyll formation, photosynthesis, and enzyme activation in plants. Phosphorus, on the other hand, plays a key role in energy transfer, root development, and overall plant metabolism. Consequently, Japan utilized 2,947.24 tonnes of Magnesium Phosphate in Fertilizers in the year 2023.

The China market dominated the Asia Pacific Magnesium Phosphate Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $303.5 Million by 2031. The India market is registering a CAGR of 4.5% during (2024 - 2031). Additionally, The Thailand market would capture a CAGR of 4.6% during (2024 - 2031).

The market is influenced by several prominent trends that shape its trajectory and evolution. These trends reflect shifting consumer preferences, technological advancements, and broader industry dynamics, ultimately driving innovation and market growth. For example, one of the prevailing trends in the market is the growing emphasis on sustainable agriculture practices. As consumers become increasingly conscious of environmental issues and seek out eco-friendly products, the demand for magnesium phosphate-based fertilizers is rising. These fertilizers offer a natural and sustainable alternative to conventional chemical fertilizers, promoting soil health, reducing environmental impact, and meeting the requirements of organic farming standards.

In addition, the adoption of precision agriculture technologies is another notable trend driving the magnesium phosphate market. Precision agriculture enables farmers to optimize resource use, minimize input costs, and maximize crop yields through targeted application of fertilizers, including magnesium phosphate-based formulations. By leveraging data analytics, GPS technology, and sensor-based monitoring systems, farmers can precisely tailor fertilizer applications to specific soil and crop requirements, enhancing efficiency and sustainability.

China’s chemical industry has witnessed substantial growth in production capacity for various chemicals, including phosphorus-based compounds used to manufacture magnesium phosphate. With China being a major producer of phosphoric acid, a key raw material for magnesium phosphate production, the expansion of the chemical industry in China contributes to increased availability and supply of phosphorus-based chemicals for magnesium phosphate production worldwide. According to the State Council of the People’s Republic of China, the investment in chemical raw materials and product manufacturing surged by 19 percent in 2022, surpassing the average level of all industries by 7.4 percentage points. Thus, the growing chemical and rising animal feed industries in the region propel the market’s growth.

Free Valuable Insights: The Global Magnesium Phosphate Market is Predict to reach USD 2 Billion by 2031, at a CAGR of 4%

Based on Form, the market is segmented into Dimagnesium Phosphate, Monomagnesium Phosphate, and Trimagnesium Phosphate. Based on Application, the market is segmented into Fertilizer, Animal Feed, Detergent, Food, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Thailand, and Rest of Asia Pacific.

List of Key Companies Profiled

• Celtic Chemicals Ltd.
• Jost Chemical Co.
• Anmol Chemicals Private Limited
• American Elements
• Innophos Holdings, Inc. (One Rock Capital Partners, LLC)
• Triveni Interchem Pvt Ltd.
• Refractory Minerals Co., Inc.
• The Mosaic Company
• Nikunj Chemicals
• Kronox Lab Sciences Ltd.

Asia Pacific Magnesium Phosphate Market Report Segmentation

By Form (Volume, Tonnes, USD Billion, 2020-2031)

• Dimagnesium Phosphate
• Monomagnesium Phosphate
• Trimagnesium Phosphate

By Application (Volume, Tonnes, USD Billion, 2020-2031)

• Fertilizer
• Animal Feed
• Detergent
• Food
• Others

By Country (Volume, Tonnes, USD Billion, 2020-2031)

• China
• Japan
• India
• South Korea
• Australia
• Thailand
• Rest of Asia Pacific

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Magnesium Phosphate Market, by Form
1.4.2 Asia Pacific Magnesium Phosphate Market, by Application
1.4.3 Asia Pacific Magnesium Phosphate Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis

Chapter 4. Asia Pacific Magnesium Phosphate Market by Form
4.1 Asia Pacific Dimagnesium Phosphate Market by Country
4.2 Asia Pacific Monomagnesium Phosphate Market by Country
4.3 Asia Pacific Trimagnesium Phosphate Market by Country

Chapter 5. Asia Pacific Magnesium Phosphate Market by Application
5.1 Asia Pacific Fertilizer Market by Country
5.2 Asia Pacific Animal Feed Market by Country
5.3 Asia Pacific Detergent Market by Country
5.4 Asia Pacific Food Market by Country
5.5 Asia Pacific Others Market by Country

Chapter 6. Asia Pacific Magnesium Phosphate Market by Country
6.1 China Magnesium Phosphate Market
6.1.1 China Magnesium Phosphate Market by Form
6.1.2 China Magnesium Phosphate Market by Application
6.2 India Magnesium Phosphate Market
6.2.1 India Magnesium Phosphate Market by Form
6.2.2 India Magnesium Phosphate Market by Application
6.3 Thailand Magnesium Phosphate Market
6.3.1 Thailand Magnesium Phosphate Market by Form
6.3.2 Thailand Magnesium Phosphate Market by Application
6.4 Japan Magnesium Phosphate Market
6.4.1 Japan Magnesium Phosphate Market by Form
6.4.2 Japan Magnesium Phosphate Market by Application
6.5 South Korea Magnesium Phosphate Market
6.5.1 South Korea Magnesium Phosphate Market by Form
6.5.2 South Korea Magnesium Phosphate Market by Application
6.6 Australia Magnesium Phosphate Market
6.6.1 Australia Magnesium Phosphate Market by Form
6.6.2 Australia Magnesium Phosphate Market by Application
6.7 Rest of Asia Pacific Magnesium Phosphate Market
6.7.1 Rest of Asia Pacific Magnesium Phosphate Market by Form
6.7.2 Rest of Asia Pacific Magnesium Phosphate Market by Application

Chapter 7. Company Profiles
7.1 Celtic Chemicals Ltd.
7.1.1 Company Overview
7.2 Jost Chemical Co.
7.2.1 Company Overview
7.2.2 SWOT Analysis
7.3 Anmol Chemicals Private Limited
7.3.1 Company Overview
7.3.2 SWOT Analysis
7.4 American Elements
7.4.1 Company Overview
7.4.2 SWOT Analysis
7.5 Innophos Holdings, Inc. (One Rock Capital Partners, LLC)
7.5.1 Company Overview
7.5.2 Recent strategies and developments:
7.5.2.1 Partnerships, Collaborations, and Agreements:
7.5.3 SWOT Analysis
7.6 Triveni Interchem Pvt Ltd.
7.6.1 Company Overview
7.6.2 SWOT Analysis
7.7 Refractory Minerals Co., Inc.
7.7.1 Company Overview
7.7.2 SWOT Analysis
7.8 The Mosaic Company
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 SWOT Analysis
7.9 Nikunj Chemicals
7.9.1 Company Overview
7.10. Kronox Lab Sciences Ltd.
7.10.1 Company Overview
7.10.2 Financial Analysis

TABLE 1 Asia Pacific Magnesium Phosphate Market, 2020 - 2023, USD Million
TABLE 2 Asia Pacific Magnesium Phosphate Market, 2024 - 2031, USD Million
TABLE 3 Asia Pacific Magnesium Phosphate Market, 2020 - 2023, Tonnes
TABLE 4 Asia Pacific Magnesium Phosphate Market, 2024 - 2031, Tonnes
TABLE 5 Asia Pacific Magnesium Phosphate Market by Form, 2020 - 2023, USD Million
TABLE 6 Asia Pacific Magnesium Phosphate Market by Form, 2024 - 2031, USD Million
TABLE 7 Asia Pacific Magnesium Phosphate Market by Form, 2020 - 2023, Tonnes
TABLE 8 Asia Pacific Magnesium Phosphate Market by Form, 2024 - 2031, Tonnes
TABLE 9 Asia Pacific Dimagnesium Phosphate Market by Country, 2020 - 2023, USD Million
TABLE 10 Asia Pacific Dimagnesium Phosphate Market by Country, 2024 - 2031, USD Million
TABLE 11 Asia Pacific Dimagnesium Phosphate Market by Country, 2020 - 2023, Tonnes
TABLE 12 Asia Pacific Dimagnesium Phosphate Market by Country, 2024 - 2031, Tonnes
TABLE 13 Asia Pacific Monomagnesium Phosphate Market by Country, 2020 - 2023, USD Million
TABLE 14 Asia Pacific Monomagnesium Phosphate Market by Country, 2024 - 2031, USD Million
TABLE 15 Asia Pacific Monomagnesium Phosphate Market by Country, 2020 - 2023, Tonnes
TABLE 16 Asia Pacific Monomagnesium Phosphate Market by Country, 2024 - 2031, Tonnes
TABLE 17 Asia Pacific Trimagnesium Phosphate Market by Country, 2020 - 2023, USD Million
TABLE 18 Asia Pacific Trimagnesium Phosphate Market by Country, 2024 - 2031, USD Million
TABLE 19 Asia Pacific Trimagnesium Phosphate Market by Country, 2020 - 2023, Tonnes
TABLE 20 Asia Pacific Trimagnesium Phosphate Market by Country, 2024 - 2031, Tonnes
TABLE 21 Asia Pacific Magnesium Phosphate Market by Application, 2020 - 2023, USD Million
TABLE 22 Asia Pacific Magnesium Phosphate Market by Application, 2024 - 2031, USD Million
TABLE 23 Asia Pacific Magnesium Phosphate Market by Application, 2020 - 2023, Tonnes
TABLE 24 Asia Pacific Magnesium Phosphate Market by Application, 2024 - 2031, Tonnes
TABLE 25 Asia Pacific Fertilizer Market by Country, 2020 - 2023, USD Million
TABLE 26 Asia Pacific Fertilizer Market by Country, 2024 - 2031, USD Million
TABLE 27 Asia Pacific Fertilizer Market by Country, 2020 - 2023, Tonnes
TABLE 28 Asia Pacific Fertilizer Market by Country, 2024 - 2031, Tonnes
TABLE 29 Asia Pacific Animal Feed Market by Country, 2020 - 2023, USD Million
TABLE 30 Asia Pacific Animal Feed Market by Country, 2024 - 2031, USD Million
TABLE 31 Asia Pacific Animal Feed Market by Country, 2020 - 2023, Tonnes
TABLE 32 Asia Pacific Animal Feed Market by Country, 2024 - 2031, Tonnes
TABLE 33 Asia Pacific Detergent Market by Country, 2020 - 2023, USD Million
TABLE 34 Asia Pacific Detergent Market by Country, 2024 - 2031, USD Million
TABLE 35 Asia Pacific Detergent Market by Country, 2020 - 2023, Tonnes
TABLE 36 Asia Pacific Detergent Market by Country, 2024 - 2031, Tonnes
TABLE 37 Asia Pacific Food Market by Country, 2020 - 2023, USD Million
TABLE 38 Asia Pacific Food Market by Country, 2024 - 2031, USD Million
TABLE 39 Asia Pacific Food Market by Country, 2020 - 2023, Tonnes
TABLE 40 Asia Pacific Food Market by Country, 2024 - 2031, Tonnes
TABLE 41 Asia Pacific Others Market by Country, 2020 - 2023, USD Million
TABLE 42 Asia Pacific Others Market by Country, 2024 - 2031, USD Million
TABLE 43 Asia Pacific Others Market by Country, 2020 - 2023, Tonnes
TABLE 44 Asia Pacific Others Market by Country, 2024 - 2031, Tonnes
TABLE 45 Asia Pacific Magnesium Phosphate Market by Country, 2020 - 2023, USD Million
TABLE 46 Asia Pacific Magnesium Phosphate Market by Country, 2024 - 2031, USD Million
TABLE 47 Asia Pacific Magnesium Phosphate Market by Country, 2020 - 2023, Tonnes
TABLE 48 Asia Pacific Magnesium Phosphate Market by Country, 2024 - 2031, Tonnes
TABLE 49 China Magnesium Phosphate Market, 2020 - 2023, USD Million
TABLE 50 China Magnesium Phosphate Market, 2024 - 2031, USD Million
TABLE 51 China Magnesium Phosphate Market, 2020 - 2023, Tonnes
TABLE 52 China Magnesium Phosphate Market, 2024 - 2031, Tonnes
TABLE 53 China Magnesium Phosphate Market by Form, 2020 - 2023, USD Million
TABLE 54 China Magnesium Phosphate Market by Form, 2024 - 2031, USD Million
TABLE 55 China Magnesium Phosphate Market by Form, 2020 - 2023, Tonnes
TABLE 56 China Magnesium Phosphate Market by Form, 2024 - 2031, Tonnes
TABLE 57 China Magnesium Phosphate Market by Application, 2020 - 2023, USD Million
TABLE 58 China Magnesium Phosphate Market by Application, 2024 - 2031, USD Million
TABLE 59 China Magnesium Phosphate Market by Application, 2020 - 2023, Tonnes
TABLE 60 China Magnesium Phosphate Market by Application, 2024 - 2031, Tonnes
TABLE 61 India Magnesium Phosphate Market, 2020 - 2023, USD Million
TABLE 62 India Magnesium Phosphate Market, 2024 - 2031, USD Million
TABLE 63 India Magnesium Phosphate Market, 2020 - 2023, Tonnes
TABLE 64 India Magnesium Phosphate Market, 2024 - 2031, Tonnes
TABLE 65 India Magnesium Phosphate Market by Form, 2020 - 2023, USD Million
TABLE 66 India Magnesium Phosphate Market by Form, 2024 - 2031, USD Million
TABLE 67 India Magnesium Phosphate Market by Form, 2020 - 2023, Tonnes
TABLE 68 India Magnesium Phosphate Market by Form, 2024 - 2031, Tonnes
TABLE 69 India Magnesium Phosphate Market by Application, 2020 - 2023, USD Million
TABLE 70 India Magnesium Phosphate Market by Application, 2024 - 2031, USD Million
TABLE 71 India Magnesium Phosphate Market by Application, 2020 - 2023, Tonnes
TABLE 72 India Magnesium Phosphate Market by Application, 2024 - 2031, Tonnes
TABLE 73 Thailand Magnesium Phosphate Market, 2020 - 2023, USD Million
TABLE 74 Thailand Magnesium Phosphate Market, 2024 - 2031, USD Million
TABLE 75 Thailand Magnesium Phosphate Market, 2020 - 2023, Tonnes
TABLE 76 Thailand Magnesium Phosphate Market, 2024 - 2031, Tonnes
TABLE 77 Thailand Magnesium Phosphate Market by Form, 2020 - 2023, USD Million
TABLE 78 Thailand Magnesium Phosphate Market by Form, 2024 - 2031, USD Million
TABLE 79 Thailand Magnesium Phosphate Market by Form, 2020 - 2023, Tonnes
TABLE 80 Thailand Magnesium Phosphate Market by Form, 2024 - 2031, Tonnes
TABLE 81 Thailand Magnesium Phosphate Market by Application, 2020 - 2023, USD Million
TABLE 82 Thailand Magnesium Phosphate Market by Application, 2024 - 2031, USD Million
TABLE 83 Thailand Magnesium Phosphate Market by Application, 2020 - 2023, Tonnes
TABLE 84 Thailand Magnesium Phosphate Market by Application, 2024 - 2031, Tonnes
TABLE 85 Japan Magnesium Phosphate Market, 2020 - 2023, USD Million
TABLE 86 Japan Magnesium Phosphate Market, 2024 - 2031, USD Million
TABLE 87 Japan Magnesium Phosphate Market, 2020 - 2023, Tonnes
TABLE 88 Japan Magnesium Phosphate Market, 2024 - 2031, Tonnes
TABLE 89 Japan Magnesium Phosphate Market by Form, 2020 - 2023, USD Million
TABLE 90 Japan Magnesium Phosphate Market by Form, 2024 - 2031, USD Million
TABLE 91 Japan Magnesium Phosphate Market by Form, 2020 - 2023, Tonnes
TABLE 92 Japan Magnesium Phosphate Market by Form, 2024 - 2031, Tonnes
TABLE 93 Japan Magnesium Phosphate Market by Application, 2020 - 2023, USD Million
TABLE 94 Japan Magnesium Phosphate Market by Application, 2024 - 2031, USD Million
TABLE 95 Japan Magnesium Phosphate Market by Application, 2020 - 2023, Tonnes
TABLE 96 Japan Magnesium Phosphate Market by Application, 2024 - 2031, Tonnes
TABLE 97 South Korea Magnesium Phosphate Market, 2020 - 2023, USD Million
TABLE 98 South Korea Magnesium Phosphate Market, 2024 - 2031, USD Million
TABLE 99 South Korea Magnesium Phosphate Market, 2020 - 2023, Tonnes
TABLE 100 South Korea Magnesium Phosphate Market, 2024 - 2031, Tonnes
TABLE 101 South Korea Magnesium Phosphate Market by Form, 2020 - 2023, USD Million
TABLE 102 South Korea Magnesium Phosphate Market by Form, 2024 - 2031, USD Million
TABLE 103 South Korea Magnesium Phosphate Market by Form, 2020 - 2023, Tonnes
TABLE 104 South Korea Magnesium Phosphate Market by Form, 2024 - 2031, Tonnes
TABLE 105 South Korea Magnesium Phosphate Market by Application, 2020 - 2023, USD Million
TABLE 106 South Korea Magnesium Phosphate Market by Application, 2024 - 2031, USD Million
TABLE 107 South Korea Magnesium Phosphate Market by Application, 2020 - 2023, Tonnes
TABLE 108 South Korea Magnesium Phosphate Market by Application, 2024 - 2031, Tonnes
TABLE 109 Australia Magnesium Phosphate Market, 2020 - 2023, USD Million
TABLE 110 Australia Magnesium Phosphate Market, 2024 - 2031, USD Million
TABLE 111 Australia Magnesium Phosphate Market, 2020 - 2023, Tonnes
TABLE 112 Australia Magnesium Phosphate Market, 2024 - 2031, Tonnes
TABLE 113 Australia Magnesium Phosphate Market by Form, 2020 - 2023, USD Million
TABLE 114 Australia Magnesium Phosphate Market by Form, 2024 - 2031, USD Million
TABLE 115 Australia Magnesium Phosphate Market by Form, 2020 - 2023, Tonnes
TABLE 116 Australia Magnesium Phosphate Market by Form, 2024 - 2031, Tonnes
TABLE 117 Australia Magnesium Phosphate Market by Application, 2020 - 2023, USD Million
TABLE 118 Australia Magnesium Phosphate Market by Application, 2024 - 2031, USD Million
TABLE 119 Australia Magnesium Phosphate Market by Application, 2020 - 2023, Tonnes
TABLE 120 Australia Magnesium Phosphate Market by Application, 2024 - 2031, Tonnes
TABLE 121 Rest of Asia Pacific Magnesium Phosphate Market, 2020 - 2023, USD Million
TABLE 122 Rest of Asia Pacific Magnesium Phosphate Market, 2024 - 2031, USD Million
TABLE 123 Rest of Asia Pacific Magnesium Phosphate Market, 2020 - 2023, Tonnes
TABLE 124 Rest of Asia Pacific Magnesium Phosphate Market, 2024 - 2031, Tonnes
TABLE 125 Rest of Asia Pacific Magnesium Phosphate Market by Form, 2020 - 2023, USD Million
TABLE 126 Rest of Asia Pacific Magnesium Phosphate Market by Form, 2024 - 2031, USD Million
TABLE 127 Rest of Asia Pacific Magnesium Phosphate Market by Form, 2020 - 2023, Tonnes
TABLE 128 Rest of Asia Pacific Magnesium Phosphate Market by Form, 2024 - 2031, Tonnes
TABLE 129 Rest of Asia Pacific Magnesium Phosphate Market by Application, 2020 - 2023, USD Million
TABLE 130 Rest of Asia Pacific Magnesium Phosphate Market by Application, 2024 - 2031, USD Million
TABLE 131 Rest of Asia Pacific Magnesium Phosphate Market by Application, 2020 - 2023, Tonnes
TABLE 132 Rest of Asia Pacific Magnesium Phosphate Market by Application, 2024 - 2031, Tonnes
TABLE 133 Key Information – Celtic Chemicals Ltd.
TABLE 134 Key Information – Jost Chemical Co.
TABLE 135 Key Information – anmol chemicals private limited
TABLE 136 Key Information – American Elements
TABLE 137 Key Information – Innophos Holdings, Inc.
TABLE 138 Key Information – Triveni Interchem Pvt Ltd.
TABLE 139 Key Information – Refractory Minerals Co., Inc.
TABLE 140 Key Information – The Mosaic Company
TABLE 141 Key Information – Nikunj Chemicals
TABLE 142 Key Information – Kronox Lab Sciences Ltd.

List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Magnesium Phosphate Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Magnesium Phosphate Market
FIG 4 Porter’s Five Forces Analysis - Magnesium Phosphate Market
FIG 5 Asia Pacific Magnesium Phosphate Market share by Form, 2023
FIG 6 Asia Pacific Magnesium Phosphate Market share by Form, 2031
FIG 7 Asia Pacific Magnesium Phosphate Market by Form, 2020 - 2031, USD Million
FIG 8 Asia Pacific Magnesium Phosphate Market share by Application, 2023
FIG 9 Asia Pacific Magnesium Phosphate Market share by Application, 2031
FIG 10 Asia Pacific Magnesium Phosphate Market by Application, 2020 - 2031, USD Million
FIG 11 Asia Pacific Magnesium Phosphate Market share by Country, 2023
FIG 12 Asia Pacific Magnesium Phosphate Market share by Country, 2031
FIG 13 Asia Pacific Magnesium Phosphate Market by Country, 2020 - 2031, USD Million
FIG 14 SWOT Analysis: Jost Chemical Co
FIG 15 SWOT Analysis: Anmol Chemicals Private Limited
FIG 16 SWOT Analysis: American Elements
FIG 17 SWOT Analysis: Innophos Holdings, Inc.
FIG 18 SWOT Analysis: Triveni Interchem Pvt. Ltd.
FIG 19 SWOT Analysis: Refractory Minerals Co., Inc.
FIG 20 SWOT Analysis: The Mosaic Company