Phosphoric Acid Industry Outlook, Market Expansion Opportunities through 2031
Posted by ramtbrc on December 13th, 2022
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The Phosphoric Acid Global Market Report 2021-31 by The Business Research Company describes and explains the global phosphoric acid market and covers 2016 to 2021, termed the historic period, and 2022 to 2026, termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region.
The reports have been updated with the most recent Ukraine-Russia War impact on market growth for all 27+ industries. The reports also provide possible solutions and opportunities for surviving this crisis.
The Phosphoric Acid Global Market Report 2022 covers phosphoric acid market drivers, phosphoric acid market trends, phosphoric acid market segments, phosphoric acid market growth rate, phosphoric acid market major players, and phosphoric acid market size.
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The phosphoric acid market report provides in-depth analysis of the impact of COVID-19 on the global phosphoric acid industry along with revised market numbers due to the effects of the coronavirus and the expected phosphoric acid market growth numbers for 2022-2031.
The global phosphoric acid market size is expected to grow from .62 billion in 2021 to .31 billion in 2022 at a compound annual growth rate (CAGR) of 8.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The phosphoric acid market is expected to reach .02 billion in 2026 at a CAGR of 4.6%.
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Phosphoric Acid Global Market Report 2022 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
TBRC’s report covers the phosphoric acid market segments-
2) By Grade: Food, Agricultural, Industrial
3) By Process Type: Furnace Process, Dry Kiln Process, Other Process Types
4) By End-User: Fertilizer, Food and Beverages, Chemicals, Medicine, Metallurgy, Other End-Users
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Joined: July 1st, 2020
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