DAP (Diammonium Phosphate) Market Size, Share, By Production Method (Wet-Process and Dry-Process), By Grade (Industrial Grade, Food Grade, and Fertilizer Grade), By Application (Fertilizers, Food Additives, Metal Finishing, Fire Retardants, and Others), and By Region - Trends, Analysis and Forecast till 2034

Report Code: PMI562024 | Publish Date: September 2024 | No. of Pages: 172

Dap Diammonium Phosphate Market Companies

  • The Mosaic Company
  • OCP Group
  • Nutrien Ltd.
  • PhosAgro
  • EuroChem Group
  • CF Industries Holdings, Inc.
  • Yara International ASA
  • Israel Chemicals Ltd. (ICL)
  • Coromandel International Limited
  • Ma'aden (Saudi Arabian Mining Company)
  • Innophos Holdings, Inc.
  • Sinochem Group
  • SABIC (Saudi Basic Industries Corporation)
  • Wengfu Group
  • Hubei Xingfa Chemicals Group Co., Ltd.

Recent News:

  • The OCP Group revealed intentions to build a new facility in Morocco in July 2024 to increase the amount of DAP it can produce. This development aims to satisfy the increasing demand for phosphate-based fertilizers worldwide, especially in Asia and Africa, where agricultural output is increasing. The new facility is anticipated to strengthen OCP's standing as a top global provider of DAP.
  • The Mosaic Company unveiled new environmental initiatives in May 2024 to lower its carbon footprint in the manufacture of DAP. These initiatives entail investing in industrial facilities that employ renewable energy sources and optimizing resource use to reduce greenhouse gas emissions. Mosaic's endeavor is a reflection of the expanding industry trend toward ecologically friendly and sustainable operations.
  • Nutrien Ltd. expanded its Latin American fertilizer distribution network in March 2024 by completing the purchase of a significant agricultural retailer in Brazil. Through this transaction, Nutrien can better serve the region's expanding need for fertilizer products while bolstering its position in one of the agricultural markets with the most significant rate of growth.