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 Size

 DAP (Diammonium Phosphate) Market Size

DAP (Diammonium Phosphate) market size was valued at USD 70.91 Billion in 2024 and is expected to reach USD 119.53 Billion by 2034, growing at a CAGR of 5.9%

The chemical molecule known as DAP, or diammonium phosphate, has the formula (NH4)2HPO4. In addition to being a common fertilizer in agriculture, this salt is also utilized in several industrial operations. The chemical is a crystalline powder that is white and soluble in water, with two ammonium cations and one hydrogen phosphate anion. DAP is used in several industrial processes in addition to agriculture. Yeast nutrients in winemaking and brewing, buffering agents in various chemical reactions, and fire retardant in wood and textiles are only a few of its applications. DAP is also a component of multiple dental cements that produce refined phosphoric acid. Ammonia's chemical release has encouraged product manufacturers to use the molecule as a flux in metal processing and cleaning goods. Although DAP has its uses, handling and applying it correctly is important because overuse can create soil acidification and pose potential environmental risks. Phosphoric acid and ammonia mix to create DAP, a process that requires strict management to guarantee both product quality and safety. Overall, the versatility and effectiveness of diammonium phosphate in a wide range of applications highlight how crucial it is to contemporary industry and agriculture.