India phosphatic fertilizers market is expected to grow at a steady rate during the forecast period 2024-2028. The India phosphatic fertilizers market is driven by the growing need to ensure food safety and fulfill the food demands of the ever-increasing population. Additionally, decreasing arable lands, climatic changes, and attacks by pests have resulted in reduced crop yield.
The Important Elements of India Phosphatic Fertilizers Market
This requires the administration of fertilizers such as phosphatic fertilizers, which can supply essential nutrients to the soil and also increase production. Moreover, to deal with the problem of food shortage, the government of India has eased the restrictions on manufacturing fertilizers so that a surplus supply of crops can be maintained. Moreover, the shifting preferences of the farmers from traditional fertilizers to smart fertilizers are anticipated to boost market growth.
The growing usage of phosphate-based fortified fertilizers enriched with secondary nutrients and micronutrients has resulted in increased adoption of phosphatic fertilizers. Besides, advancements in farming techniques and practices coupled with new product launches by the major players operating in the market are further strengthening the market growth. For instance, controlled-release technology makes fertilizers more effective, due to which they are widely preferred in precision farming.
The India phosphatic fertilizers market is segmented based on type, solubility, form, source, application, competitive landscape, and regional distribution. Based on type, the market can be categorized into mono ammonium phosphate (MAP), diammonium phosphate (DAP), superphosphate, and others. The DAP segment is expected to dominate the market on account of its cost-effectiveness and also, they are highly rich in nitrogen and phosphorous which is essential for a crop to grow.
By solubility, the market is fragmented into water-soluble, citric acid soluble, water & citric acid insoluble, and others. On the basis of form, the market is bifurcated into granular, powder, and solution. By source, the market is divided between domestic and import. Based on application, the market can be fragmented into cereals & grains, oilseeds, fruits & vegetables, and others. The cereals & grains segment is expected to dominate the market during the forecast period on account of the growing need to cater to the demands of the ever-increasing population. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among East, West, North, and South.
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The major players operating in the India phosphatic fertilizers market
- Coromandel International Ltd.
- Gujrat State Fertilizers & Chemicals Ltd
- Hindalco Industries Limited
- Paradeep Phosphate Limited
- Indian Farmers Fertilizers Co-operative Ltd. (IFFCO)
- Zuari Industries Limited
- Khaitan Chemicals & Fertilizers Ltd.
- Arihant Phosphate And Fertilizers Limited
- Rama Phosphates Ltd.
- The Phosphate Company Limited
- Yara India
- Gujrat State Fertilizers & Chemicals Ltd
- Hindalco Industries Limited
- Jubliant Agri And Consumer Products, and Tata Chemicals Limited.
| Attribute | Details |
| Base Year | 2022 |
| Historic Data | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million, Volume in Units, CAGR for 2018-2022 and 2023-2028 |
| Report coverage | Revenue Forecast, Volume Forecast, Company Share, Competitive Landscape, Growth Factors, And Trends |
| Segments covered | · Type· Solubility· Form· Source· Application |
| Country scope | East, West, North, and South. |
| Key companies profiled | Coromandel International Ltd., Gujrat State Fertilizers & Chemicals Ltd, Hindalco Industries Limited, Paradeep Phosphate Limited, Indian Farmers Fertilizers Co-operative Ltd. (IFFCO), Zuari Industries Limited, Khaitan Chemicals & Fertilizers Ltd., Arihant Phosphate and Fertilizers Limited, Rama Phosphates Ltd., The Phosphate Company Limited, Yara India, Gujrat State Fertilizers & Chemicals Ltd, Hindalco Industries Limited, Jubliant Agri and Consumer Products, and Tata Chemicals Limited. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
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Report Scope:
In this report, India phosphatic fertilizers market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- India Phosphatic Fertilizers Market, By Type:
- Monoammonium Phosphate (MAP)
- Diammonium Phosphate (DAP)
- Superphosphate
- Others
- India Phosphatic Fertilizers Market, By Solubility:
- Water Soluble
- Citric Acid Soluble
- Water & Citric Acid Insoluble
- Others
- India Phosphatic Fertilizers Market, By Form:
- Granular
- Powder
- Solution
- India Phosphatic Fertilizers Market, By Source:
- Domestic
- Import
- India Phosphatic Fertilizers Market, By Application:
- Cereals & Grains
- Oilseeds
- Fruits & Vegetables
- Others
- India Phosphatic Fertilizers Market, By Region:
- North
- South
- East
- West
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in India phosphatic fertilizers market.
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Table of Content
Product Overview
- Research Methodology
- Impact of COVID-19 on India Phosphatic Fertilizer Market
- Executive Summary
- Voice of Customer
- India Phosphatic Fertilizer Market Overview
6.1. Total Phosphatic Fertilizer Production, By Company
6.2. Total Phosphatic Fertilizer Consumption, By Region
6.3. Demand- Supply Analysis
- India Phosphatic Fertilizer Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Type (Monoammonium Phosphate (MAP), Diammonium Phosphate (DAP), Superphosphate, Others)
7.2.2. By Solubility (Water Soluble, Citric Acid Soluble, Water & Citric Acid Insoluble, Others)
7.2.3. By Form (Granular, Powder, Solution)
7.2.4. By Source (Domestic, Import)
7.2.5. By Application (Cereals & Grains, Oilseeds, Fruits & Vegetables, Others)
7.2.6. By Company (2022)
7.2.7. By Region
7.3. Product Market Map
- India Monoammonium Phosphate (MAP) Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Solubility
8.2.2. By Form
8.2.3. By Application
8.2.4. By State (Top 10 State)
8.2.5. By Company
- India Diammonium Phosphate (DAP) Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Solubility
9.2.2. By Form
9.2.3. By Application
9.2.4. By State (Top 10 State)
9.2.5. By Company
- India Single Superphosphate Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1. By Solubility
10.2.2. By Form
10.2.3. By Application
10.2.4. By State (Top 10 State)
10.2.5. By Company
- Market Dynamics
11.1. Drivers
11.2. Challenges
- Market Trends & Developments
- Policy & Regulatory Landscape
- Pricing Analysis
14.1. Fertilizer
14.2. Raw Material (Rock Phosphate, Sulphur, Ammonia, Natural Gas, Sulphuric Acid)
- Import-Export Analysis
15.1. Fertilizer
15.2. Raw Material
- India Economic Profile
- Competitive Landscape
17.1. Coromandel International Ltd.
17.2. Gujrat State Fertilizers & Chemicals Ltd
17.3. Hindalco Industries Limited
17.4. Paradeep Phosphate Limited
17.5. Indian Farmers Fertilizers Co-operative Ltd. (IFFCO)
17.6. Zuari Industries Limited
17.7. Khaitan Chemicals & Fertilizers Ltd.
17.8. Arihant Phosphate And Fertilizers Limited
17.9. Rama Phosphates Ltd.
17.10. The Phosphate Company Limited
17.11. Yara India
17.12. Gujrat State Fertilizers & Chemicals Ltd
17.13. Hindalco Industries Limited
17.14. Jubliant Agri And Consumer Products
17.15. Tata Chemicals Limited
- Strategic Recommendations