The Europe Phosphoric Acid Market would witness market growth of 4.7% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 3,901.3 Kilo Tonnes, showcasing a growth of 4.1% (2019-2022).
Phosphoric acid plays a crucial role in modern agriculture as a key component in producing phosphate fertilizers. These fertilizers, such as single superphosphate (SSP), triple superphosphate (TSP), and diammonium phosphate (DAP), are essential for improving soil fertility and promoting robust plant growth. Phosphoric acid's role in agriculture supports food security and sustainable farming practices.
Furthermore, phosphate fertilizers, which contain phosphoric acid as a primary component, provide essential nutrients to plants, primarily phosphorus (P). Phosphorus is a critical macronutrient for various plant functions, including energy transfer, photosynthesis, and root development. Phosphorus deficiency can limit crop yields and quality. Farmers can overcome these deficiencies by applying phosphate fertilizers containing phosphoric acid and achieve higher crop yields, improving food production and agricultural productivity. Phosphoric acid in phosphate fertilizers aids in root development. Strong and healthy root systems are essential for plants to access water and nutrients from the soil, making them more resilient to drought conditions. Thus, all the aforementioned factors will aid in the expansion of the market.
Agriculture in Germany has a broad range of different farm structures. This primarily reflects significant variation in natural conditions from region to region but also differences in other conditions for agricultural production, including socio-structural patterns (such as urban versus rural), economic factors (such as industrialization), and historical influences (such as inheritance law). Thus, major regional differences exist between the southwest of Germany, where farms are mostly small, and the east, where large farms predominate. According to the International Trade Administration, Germany is one of the most significant European markets for foreign producers in 2021 and the third largest importer and exporter of agricultural goods geared toward consumers globally. Therefore, as the regional agriculture sector expands, it will propel the growth of the market.
The Russia market dominated the Europe Phosphoric Acid Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,943.4 million by 2030. The France market is experiencing a CAGR of 3.4% during (2023 - 2030). Additionally, The Germany market would exhibit a CAGR of 6% during (2023 - 2030).
Based on Source Type, the market is segmented into Wet Process, and Thermal Process. Based on Application, the market is segmented into Fertilizers, Feed & Food Additives, Water Treatment Chemicals, Detergents, Metal Treatment, Industrial Use, and Others. Based on countries, the market is segmented into Russia, France, Germany, UK, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Phosphoric Acid Market will Hit $63.1 Billion by 2030, at a CAGR of 4.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include The Mosaic Company, PJSC "PhosAgro", Nutrien Limited, IFFCO, EuroChem Group AG (AIM Capital Ltd.), OCP SA, ICL Group Ltd. (Israel Corp.), Yara International ASA, Innophos Holdings, Inc. (One Rock Capital Partners, LLC), and Gujarat State Fertilizers & Chemicals Limited.
Scope of the Study
Market Segments Covered in the Report:
By Source Type (Volume, Kilo Tonnes, USD Million, 2019-2030)
- Wet Process
- Thermal Process
By Application (Volume, Kilo Tonnes, USD Million, 2019-2030)
- Fertilizers
- Feed & Food Additives
- Water Treatment Chemicals
- Detergents
- Metal Treatment
- Industrial Use
- Others
By Country (Volume, Kilo Tonnes, USD Million, 2019-2030)
- Russia
- France
- Germany
- UK
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- The Mosaic Company
- PJSC "PhosAgro"
- Nutrien Limited
- IFFCO
- EuroChem Group AG (AIM Capital Ltd.)
- OCP SA
- ICL Group Ltd. (Israel Corp.)
- Yara International ASA
- Innophos Holdings, Inc. (One Rock Capital Partners, LLC)
- Gujarat State Fertilizers & Chemicals Limited
TABLE 1 Europe Phosphoric Acid Market, 2019 - 2022, USD Million
TABLE 2 Europe Phosphoric Acid Market, 2023 - 2030, USD Million
TABLE 3 Europe Phosphoric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 4 Europe Phosphoric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 5 Europe Phosphoric Acid Market by Source Type, 2019 - 2022, USD Million
TABLE 6 Europe Phosphoric Acid Market by Source Type, 2023 - 2030, USD Million
TABLE 7 Europe Phosphoric Acid Market by Source Type, 2019 - 2022, Kilo Tonnes
TABLE 8 Europe Phosphoric Acid Market by Source Type, 2023 - 2030, Kilo Tonnes
TABLE 9 Europe Wet Process Market by Country, 2019 - 2022, USD Million
TABLE 10 Europe Wet Process Market by Country, 2023 - 2030, USD Million
TABLE 11 Europe Wet Process Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 12 Europe Wet Process Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 13 Europe Thermal Process Market by Country, 2019 - 2022, USD Million
TABLE 14 Europe Thermal Process Market by Country, 2023 - 2030, USD Million
TABLE 15 Europe Thermal Process Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 Europe Thermal Process Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 Europe Phosphoric Acid Market by Application, 2019 - 2022, USD Million
TABLE 18 Europe Phosphoric Acid Market by Application, 2023 - 2030, USD Million
TABLE 19 Europe Phosphoric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 20 Europe Phosphoric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 21 Europe Fertilizers Market by Country, 2019 - 2022, USD Million
TABLE 22 Europe Fertilizers Market by Country, 2023 - 2030, USD Million
TABLE 23 Europe Fertilizers Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 24 Europe Fertilizers Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 25 Europe Feed & Food Additives Market by Country, 2019 - 2022, USD Million
TABLE 26 Europe Feed & Food Additives Market by Country, 2023 - 2030, USD Million
TABLE 27 Europe Feed & Food Additives Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 28 Europe Feed & Food Additives Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 29 Europe Water Treatment Chemicals Market by Country, 2019 - 2022, USD Million
TABLE 30 Europe Water Treatment Chemicals Market by Country, 2023 - 2030, USD Million
TABLE 31 Europe Water Treatment Chemicals Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 32 Europe Water Treatment Chemicals Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 33 Europe Detergents Market by Country, 2019 - 2022, USD Million
TABLE 34 Europe Detergents Market by Country, 2023 - 2030, USD Million
TABLE 35 Europe Detergents Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 36 Europe Detergents Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 37 Europe Metal Treatment Market by Country, 2019 - 2022, USD Million
TABLE 38 Europe Metal Treatment Market by Country, 2023 - 2030, USD Million
TABLE 39 Europe Metal Treatment Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 40 Europe Metal Treatment Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 41 Europe Industrial Use Market by Country, 2019 - 2022, USD Million
TABLE 42 Europe Industrial Use Market by Country, 2023 - 2030, USD Million
TABLE 43 Europe Industrial Use Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 44 Europe Industrial Use Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 45 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 46 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 47 Europe Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 48 Europe Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 49 Europe Phosphoric Acid Market by Country, 2019 - 2022, USD Million
TABLE 50 Europe Phosphoric Acid Market by Country, 2023 - 2030, USD Million
TABLE 51 Europe Phosphoric Acid Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 52 Europe Phosphoric Acid Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 53 Russia Phosphoric Acid Market, 2019 - 2022, USD Million
TABLE 54 Russia Phosphoric Acid Market, 2023 - 2030, USD Million
TABLE 55 Russia Phosphoric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 56 Russia Phosphoric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 57 Russia Phosphoric Acid Market by Source Type, 2019 - 2022, USD Million
TABLE 58 Russia Phosphoric Acid Market by Source Type, 2023 - 2030, USD Million
TABLE 59 Russia Phosphoric Acid Market by Source Type, 2019 - 2022, Kilo Tonnes
TABLE 60 Russia Phosphoric Acid Market by Source Type, 2023 - 2030, Kilo Tonnes
TABLE 61 Russia Phosphoric Acid Market by Application, 2019 - 2022, USD Million
TABLE 62 Russia Phosphoric Acid Market by Application, 2023 - 2030, USD Million
TABLE 63 Russia Phosphoric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 64 Russia Phosphoric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 65 France Phosphoric Acid Market, 2019 - 2022, USD Million
TABLE 66 France Phosphoric Acid Market, 2023 - 2030, USD Million
TABLE 67 France Phosphoric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 68 France Phosphoric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 69 France Phosphoric Acid Market by Source Type, 2019 - 2022, USD Million
TABLE 70 France Phosphoric Acid Market by Source Type, 2023 - 2030, USD Million
TABLE 71 France Phosphoric Acid Market by Source Type, 2019 - 2022, Kilo Tonnes
TABLE 72 France Phosphoric Acid Market by Source Type, 2023 - 2030, Kilo Tonnes
TABLE 73 France Phosphoric Acid Market by Application, 2019 - 2022, USD Million
TABLE 74 France Phosphoric Acid Market by Application, 2023 - 2030, USD Million
TABLE 75 France Phosphoric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 76 France Phosphoric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 77 Germany Phosphoric Acid Market, 2019 - 2022, USD Million
TABLE 78 Germany Phosphoric Acid Market, 2023 - 2030, USD Million
TABLE 79 Germany Phosphoric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 80 Germany Phosphoric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 81 Germany Phosphoric Acid Market by Source Type, 2019 - 2022, USD Million
TABLE 82 Germany Phosphoric Acid Market by Source Type, 2023 - 2030, USD Million
TABLE 83 Germany Phosphoric Acid Market by Source Type, 2019 - 2022, Kilo Tonnes
TABLE 84 Germany Phosphoric Acid Market by Source Type, 2023 - 2030, Kilo Tonnes
TABLE 85 Germany Phosphoric Acid Market by Application, 2019 - 2022, USD Million
TABLE 86 Germany Phosphoric Acid Market by Application, 2023 - 2030, USD Million
TABLE 87 Germany Phosphoric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 88 Germany Phosphoric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 89 UK Phosphoric Acid Market, 2019 - 2022, USD Million
TABLE 90 UK Phosphoric Acid Market, 2023 - 2030, USD Million
TABLE 91 UK Phosphoric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 92 UK Phosphoric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 93 UK Phosphoric Acid Market by Source Type, 2019 - 2022, USD Million
TABLE 94 UK Phosphoric Acid Market by Source Type, 2023 - 2030, USD Million
TABLE 95 UK Phosphoric Acid Market by Source Type, 2019 - 2022, Kilo Tonnes
TABLE 96 UK Phosphoric Acid Market by Source Type, 2023 - 2030, Kilo Tonnes
TABLE 97 UK Phosphoric Acid Market by Application, 2019 - 2022, USD Million
TABLE 98 UK Phosphoric Acid Market by Application, 2023 - 2030, USD Million
TABLE 99 UK Phosphoric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 100 UK Phosphoric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 101 Spain Phosphoric Acid Market, 2019 - 2022, USD Million
TABLE 102 Spain Phosphoric Acid Market, 2023 - 2030, USD Million
TABLE 103 Spain Phosphoric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 104 Spain Phosphoric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 105 Spain Phosphoric Acid Market by Source Type, 2019 - 2022, USD Million
TABLE 106 Spain Phosphoric Acid Market by Source Type, 2023 - 2030, USD Million
TABLE 107 Spain Phosphoric Acid Market by Source Type, 2019 - 2022, Kilo Tonnes
TABLE 108 Spain Phosphoric Acid Market by Source Type, 2023 - 2030, Kilo Tonnes
TABLE 109 Spain Phosphoric Acid Market by Application, 2019 - 2022, USD Million
TABLE 110 Spain Phosphoric Acid Market by Application, 2023 - 2030, USD Million
TABLE 111 Spain Phosphoric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 112 Spain Phosphoric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 113 Italy Phosphoric Acid Market, 2019 - 2022, USD Million
TABLE 114 Italy Phosphoric Acid Market, 2023 - 2030, USD Million
TABLE 115 Italy Phosphoric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 116 Italy Phosphoric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 117 Italy Phosphoric Acid Market by Source Type, 2019 - 2022, USD Million
TABLE 118 Italy Phosphoric Acid Market by Source Type, 2023 - 2030, USD Million
TABLE 119 Italy Phosphoric Acid Market by Source Type, 2019 - 2022, Kilo Tonnes
TABLE 120 Italy Phosphoric Acid Market by Source Type, 2023 - 2030, Kilo Tonnes
TABLE 121 Italy Phosphoric Acid Market by Application, 2019 - 2022, USD Million
TABLE 122 Italy Phosphoric Acid Market by Application, 2023 - 2030, USD Million
TABLE 123 Italy Phosphoric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 124 Italy Phosphoric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 125 Rest of Europe Phosphoric Acid Market, 2019 - 2022, USD Million
TABLE 126 Rest of Europe Phosphoric Acid Market, 2023 - 2030, USD Million
TABLE 127 Rest of Europe Phosphoric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 128 Rest of Europe Phosphoric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 129 Rest of Europe Phosphoric Acid Market by Source Type, 2019 - 2022, USD Million
TABLE 130 Rest of Europe Phosphoric Acid Market by Source Type, 2023 - 2030, USD Million
TABLE 131 Rest of Europe Phosphoric Acid Market by Source Type, 2019 - 2022, Kilo Tonnes
TABLE 132 Rest of Europe Phosphoric Acid Market by Source Type, 2023 - 2030, Kilo Tonnes
TABLE 133 Rest of Europe Phosphoric Acid Market by Application, 2019 - 2022, USD Million
TABLE 134 Rest of Europe Phosphoric Acid Market by Application, 2023 - 2030, USD Million
TABLE 135 Rest of Europe Phosphoric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 136 Rest of Europe Phosphoric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 137 Key Information – PJSC "PhosAgro"
TABLE 138 Key Information – IFFCO
TABLE 139 Key Information – EuroChem Group AG
TABLE 140 Key Information – OCP SA
TABLE 141 Key Information – ICL Group Ltd.
TABLE 142 Key Information – Innophos Holdings, Inc.
TABLE 143 Key Information – Gujarat State Fertilizers & Chemicals Limited
TABLE 144 Key Information – Yara International ASA
TABLE 145 Key Information – The Mosaic Company
TABLE 146 Key Information – Nutrien Limited
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Phosphoric Acid Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting phosphoric acid market
FIG 4 Porter’s Five Forces Analysis – Phosphoric Acid Market
FIG 5 Europe Phosphoric Acid Market share by Source Type, 2022
FIG 6 Europe Phosphoric Acid Market share by Source Type, 2030
FIG 7 Europe Phosphoric Acid Market by Source Type, 2019 - 2030, USD Million
FIG 8 Europe Phosphoric Acid Market share by Application, 2022
FIG 9 Europe Phosphoric Acid Market share by Application, 2030
FIG 10 Europe Phosphoric Acid Market by Application, 2019 - 2030, USD Million
FIG 11 Europe Phosphoric Acid Market share by Country, 2022
FIG 12 Europe Phosphoric Acid Market share by Country, 2030
FIG 13 Europe Phosphoric Acid Market by Country, 2019 - 2030, USD Million
FIG 14 SWOT Analysis: EuroChem Group AG
FIG 15 SWOT Analysis: OCP SA
FIG 16 SWOT Analysis: ICL Group Ltd.
FIG 17 SWOT Analysis: The Mosaic Company
FIG 18 SWOT Analysis: Nutrien Limited