Single superphosphate (SSP) market was calculated US$ 3.30 Bn in 2023 in terms of value and is expected to reach 4.40 Bn. by 2030, at a CAGR of 4.2% during a forecast period. Requirement of healthy crop production with high yield using micronutrient-based fertilizers is estimated to cover 50% of single superphosphate (SSP) market growth.Single superphosphate (SSP) market Introduction:
Single superphosphate poised of two main compound which is gypsum and monocalcium and forms mineral-based fertilizer for further application. It is the foremost enricher accountable for development of the plant nutrients industry. SSP has good water solubility and hence it is a rich source of secondary nutrients like calcium and sulphur.To know about the Research Methodology :- Request Free Sample Report The report study has analyzed the revenue impact of COVID-19 pandemic on the sales revenue of market leaders, market followers, and disrupters in the report, and the same is reflected in our analysis.
single superphosphate (SSP) market Drivers and Restraints:
Global Interest for material is rising because it is offering numerous facility to the farmers in terms of wide production of plant by providing nutrients during the entire growing-season and is helping fertilizers market in various terms to collect the attention from investors and will help global single superphosphate (SSP) market to grow. Furthermore, advances in chemical engineering and science are offering essential to ensure high crop yield and quality. Single Superphosphate (SSP) are highly getting adopted by nutrients sectors, as it helps to achieve effective nutrients management tools for food as well as non-food crops, will drive the market growth in the long run. Additionally, rapid growth in the research and development across the globe will boost the market demand in the coming years. It helps to intensify the organic content of soil and further contributes nutrients for microorganisms present in the soil, have benefit in reinstating chemical and physical properties of the soil and these contribute to the growth of the market. Speedy growth in crop disease due to unfavourable environment or process of harvesting and availability of fertile land across the globe is fuelling the global single superphosphate market growth. There is a constant requirement to boost the agricultural output across the globe and this will progressively shift attention towards good quality fertilizers to improve the land and soil properties to increase the productivity thus, expected to anticipate beneficial impact on the global single superphosphate (SSP) market. However, presence of substitute in the market such as triple based fertilizer, NPK fertilizer, sulphur-based fertilizers and so on is expected to restrain the market growth frame.Superphosphate (SSP) Market Segment analysis:
By application segment, agriculture sector market size established more than xx% of the total market share in 2023.Though demand for SSP documented as one of the richest source of nutrient for the growing plants and growth in the agriculture, industrial sector is on another level in terms of market growth in the developing economies. The producers are enduring research efforts to develop better and cheaper harvesting and impregnating materials to reduce the overall cost and boost the interest towards acceptance of this technology. This segment will witness compounded annual growth rate of around xx% from 2024 to 2030. Growing agriculture division in terms of research and development for the production of crop is projected to show major demand in near future.
Single Superphosphate (SSP) Market Regional Analysis:
Regionally, Asia Pacific is expected to dominate the single superphosphate (SSP) market and is expected to grow at a CAGR of x.35 % during the forecast period owing to the presence of phenomenal key players and demand of food product in the region. Developing regions like India, China, and Japan are considered as the major contributors for the Single Superphosphate (SSP) market growth in the Asia Pacific region because government policies of this region and large subsidies in certain countries up to 100% for marginal farmers, provided on fertilizers are the major factors generating the growth of this market in the Asia Pacific region. In 2023 market size was recorded US$ xx Bn, however in India, market size was valued xx Bn and expected to increase by US$ xx Bn in the coming years. Also, North America dominates the overall market with a share of more than 38%. As, North America mainly contribute to the whole SSP demand resulting to its broad application in tobacco, cotton, vegetables, and fruits production. They play major role in the subtropical and the U.S. Hence, the U.S. has been acknowledged as the leading consumer of single superphosphate (SSP) in North America, owing to the high cultivation of crops. The objective of the report is to present a comprehensive analysis of the Global Single Superphosphate (SSP) Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Single Superphosphate (SSP) Market dynamics, structure by analysing the market segments and project the Global Single Superphosphate (SSP) Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Single Superphosphate (SSP) Market make the report investor’s guide.Scope of Single superphosphate (SSP) market: Inquire before buying
Global Single superphosphate (SSP) market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: US $ 3.30 Bn. Forecast Period 2024 to 2030 CAGR: 4.2% Market Size in 2030: US $ 4.40 Bn. Segments Covered: by Form Powder Granules by Application Horticultural Agriculture Pasture Others Single Superphosphate (SSP) Market, by Region
• North America (United States, Canada and Mexico) • Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) • Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) • Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) • South America (Brazil, Argentina Rest of South America)Single Superphosphate (SSP) Market, Key Players are:
• Madhya Bharat Agro Products Limited • Potash Corporation of Saskatchewan • CF Industries Holdings Inc • Coromandel International Ltd • Yara International ASA • Kemyan Yanbu for Industry • Jubilant Industries Ltd • The Mosaic Company • PCC Group • Aarti Industries Ltd • Krishna Phos Chem • Bohra Industries Ltd • Phosagro • Eurochem • Richgro • Agrium Inc • Mosaic • OCP • ICL • GNFC Frequently Asked Questions: 1. Which region has the largest share in Global Single Superphosphate (SSP) Market? Ans: Asia Pacific region held the highest share in 2023. 2. What is the growth rate of Global Single Superphosphate (SSP) Market? Ans: The Global Single Superphosphate (SSP) Market is growing at a CAGR of 4.2% during forecasting period 2024-2030 3. What is scope of the Global Single Superphosphate (SSP) Market report? Ans: Global Single Superphosphate (SSP) Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Single Superphosphate (SSP) Market? Ans: The important key players in the Global Single Superphosphate (SSP) Market are – Madhya Bharat Agro Products Limited, Potash Corporation of Saskatchewan, CF Industries Holdings Inc, Coromandel International Ltd, Yara International ASA, Kemyan Yanbu for Industry, Jubilant Industries Ltd, The Mosaic Company, PCC Group, Aarti Industries Ltd, Krishna Phos Chem, Bohra Industries Ltd, Phosagro, Eurochem, Richgro, Agrium Inc, Mosaic, OCP, ICL, GNFC. 5. What is the study period of this Market? Ans: The Global Single Superphosphate (SSP) Market is studied from 2023 to 2030
1. Single superphosphate (SSP) Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Single superphosphate (SSP) Market: Dynamics 2.1. Single superphosphate (SSP) Market Trends by Region 2.1.1. North America Single superphosphate (SSP) Market Trends 2.1.2. Europe Single superphosphate (SSP) Market Trends 2.1.3. Asia Pacific Single superphosphate (SSP) Market Trends 2.1.4. Middle East and Africa Single superphosphate (SSP) Market Trendsa 2.1.5. South America Single superphosphate (SSP) Market Trends 2.2. Single superphosphate (SSP) Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Single superphosphate (SSP) Market Drivers 2.2.1.2. North America Single superphosphate (SSP) Market Restraints 2.2.1.3. North America Single superphosphate (SSP) Market Opportunities 2.2.1.4. North America Single superphosphate (SSP) Market Challenges 2.2.2. Europe 2.2.2.1. Europe Single superphosphate (SSP) Market Drivers 2.2.2.2. Europe Single superphosphate (SSP) Market Restraints 2.2.2.3. Europe Single superphosphate (SSP) Market Opportunities 2.2.2.4. Europe Single superphosphate (SSP) Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Single superphosphate (SSP) Market Drivers 2.2.3.2. Asia Pacific Single superphosphate (SSP) Market Restraints 2.2.3.3. Asia Pacific Single superphosphate (SSP) Market Opportunities 2.2.3.4. Asia Pacific Single superphosphate (SSP) Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Single superphosphate (SSP) Market Drivers 2.2.4.2. Middle East and Africa Single superphosphate (SSP) Market Restraints 2.2.4.3. Middle East and Africa Single superphosphate (SSP) Market Opportunities 2.2.4.4. Middle East and Africa Single superphosphate (SSP) Market Challenges 2.2.5. South America 2.2.5.1. South America Single superphosphate (SSP) Market Drivers 2.2.5.2. South America Single superphosphate (SSP) Market Restraints 2.2.5.3. South America Single superphosphate (SSP) Market Opportunities 2.2.5.4. South America Single superphosphate (SSP) Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Single superphosphate (SSP) Industry 2.8. Analysis of Government Schemes and Initiatives For Single superphosphate (SSP) Industry 2.9. Single superphosphate (SSP) Market Trade Analysis 2.10. The Global Pandemic Impact on Single superphosphate (SSP) Market 3. Single superphosphate (SSP) Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2023-2030 3.1. Single superphosphate (SSP) Market Size and Forecast, by Form (2023-2030) 3.1.1. Powder 3.1.2. Granules 3.2. Single superphosphate (SSP) Market Size and Forecast, by Application (2023-2030) 3.2.1. Horticultural 3.2.2. Agriculture 3.2.3. Pasture 3.2.4. Others 3.3. Single superphosphate (SSP) Market Size and Forecast, by Region (2023-2030) 3.3.1. North America 3.3.2. Europe 3.3.3. Asia Pacific 3.3.4. Middle East and Africa 3.3.5. South America 4. North America Single superphosphate (SSP) Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 4.1. North America Single superphosphate (SSP) Market Size and Forecast, by Form (2023-2030) 4.1.1. Powder 4.1.2. Granules 4.2. North America Single superphosphate (SSP) Market Size and Forecast, by Application (2023-2030) 4.2.1. Horticultural 4.2.2. Agriculture 4.2.3. Pasture 4.2.4. Others 4.3. North America Single superphosphate (SSP) Market Size and Forecast, by Country (2023-2030) 4.3.1. United States 4.3.1.1. United States Single superphosphate (SSP) Market Size and Forecast, by Form (2023-2030) 4.3.1.1.1. Powder 4.3.1.1.2. Granules 4.3.1.2. United States Single superphosphate (SSP) Market Size and Forecast, by Application (2023-2030) 4.3.1.2.1. Horticultural 4.3.1.2.2. Agriculture 4.3.1.2.3. Pasture 4.3.1.2.4. Others 4.3.2. Canada 4.3.2.1. Canada Single superphosphate (SSP) Market Size and Forecast, by Form (2023-2030) 4.3.2.1.1. Powder 4.3.2.1.2. Granules 4.3.2.2. Canada Single superphosphate (SSP) Market Size and Forecast, by Application (2023-2030) 4.3.2.2.1. Horticultural 4.3.2.2.2. Agriculture 4.3.2.2.3. Pasture 4.3.2.2.4. Others 4.3.3. Mexico 4.3.3.1. Mexico Single superphosphate (SSP) Market Size and Forecast, by Form (2023-2030) 4.3.3.1.1. Powder 4.3.3.1.2. Granules 4.3.3.2. Mexico Single superphosphate (SSP) Market Size and Forecast, by Application (2023-2030) 4.3.3.2.1. Horticultural 4.3.3.2.2. Agriculture 4.3.3.2.3. Pasture 4.3.3.2.4. Others 5. Europe Single superphosphate (SSP) Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 5.1. Europe Single superphosphate (SSP) Market Size and Forecast, by Form (2023-2030) 5.2. Europe Single superphosphate (SSP) Market Size and Forecast, by Application (2023-2030) 5.3. Europe Single superphosphate (SSP) Market Size and Forecast, by Country (2023-2030) 5.3.1. United Kingdom 5.3.1.1. United Kingdom Single superphosphate (SSP) Market Size and Forecast, by Form (2023-2030) 5.3.1.2. United Kingdom Single superphosphate (SSP) Market Size and Forecast, by Application (2023-2030) 5.3.2. France 5.3.2.1. France Single superphosphate (SSP) Market Size and Forecast, by Form (2023-2030) 5.3.2.2. France Single superphosphate (SSP) Market Size and Forecast, by Application (2023-2030) 5.3.3. Germany 5.3.3.1. Germany Single superphosphate (SSP) Market Size and Forecast, by Form (2023-2030) 5.3.3.2. Germany Single superphosphate (SSP) Market Size and Forecast, by Application (2023-2030) 5.3.4. Italy 5.3.4.1. Italy Single superphosphate (SSP) Market Size and Forecast, by Form (2023-2030) 5.3.4.2. Italy Single superphosphate (SSP) Market Size and Forecast, by Application (2023-2030) 5.3.5. Spain 5.3.5.1. Spain Single superphosphate (SSP) Market Size and Forecast, by Form (2023-2030) 5.3.5.2. Spain Single superphosphate (SSP) Market Size and Forecast, by Application (2023-2030) 5.3.6. Sweden 5.3.6.1. Sweden Single superphosphate (SSP) Market Size and Forecast, by Form (2023-2030) 5.3.6.2. Sweden Single superphosphate (SSP) Market Size and Forecast, by Application (2023-2030) 5.3.7. Austria 5.3.7.1. Austria Single superphosphate (SSP) Market Size and Forecast, by Form (2023-2030) 5.3.7.2. Austria Single superphosphate (SSP) Market Size and Forecast, by Application (2023-2030) 5.3.8. Rest of Europe 5.3.8.1. Rest of Europe Single superphosphate (SSP) Market Size and Forecast, by Form (2023-2030) 5.3.8.2. Rest of Europe Single superphosphate (SSP) Market Size and Forecast, by Application (2023-2030) 6. Asia Pacific Single superphosphate (SSP) Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 6.1. Asia Pacific Single superphosphate (SSP) Market Size and Forecast, by Form (2023-2030) 6.2. Asia Pacific Single superphosphate (SSP) Market Size and Forecast, by Application (2023-2030) 6.3. Asia Pacific Single superphosphate (SSP) Market Size and Forecast, by Country (2023-2030) 6.3.1. China 6.3.1.1. China Single superphosphate (SSP) Market Size and Forecast, by Form (2023-2030) 6.3.1.2. China Single superphosphate (SSP) Market Size and Forecast, by Application (2023-2030) 6.3.2. S Korea 6.3.2.1. S Korea Single superphosphate (SSP) Market Size and Forecast, by Form (2023-2030) 6.3.2.2. S Korea Single superphosphate (SSP) Market Size and Forecast, by Application (2023-2030) 6.3.3. Japan 6.3.3.1. Japan Single superphosphate (SSP) Market Size and Forecast, by Form (2023-2030) 6.3.3.2. Japan Single superphosphate (SSP) Market Size and Forecast, by Application (2023-2030) 6.3.4. India 6.3.4.1. India Single superphosphate (SSP) Market Size and Forecast, by Form (2023-2030) 6.3.4.2. India Single superphosphate (SSP) Market Size and Forecast, by Application (2023-2030) 6.3.5. Australia 6.3.5.1. Australia Single superphosphate (SSP) Market Size and Forecast, by Form (2023-2030) 6.3.5.2. Australia Single superphosphate (SSP) Market Size and Forecast, by Application (2023-2030) 6.3.6. Indonesia 6.3.6.1. Indonesia Single superphosphate (SSP) Market Size and Forecast, by Form (2023-2030) 6.3.6.2. Indonesia Single superphosphate (SSP) Market Size and Forecast, by Application (2023-2030) 6.3.7. Malaysia 6.3.7.1. Malaysia Single superphosphate (SSP) Market Size and Forecast, by Form (2023-2030) 6.3.7.2. Malaysia Single superphosphate (SSP) Market Size and Forecast, by Application (2023-2030) 6.3.8. Vietnam 6.3.8.1. Vietnam Single superphosphate (SSP) Market Size and Forecast, by Form (2023-2030) 6.3.8.2. Vietnam Single superphosphate (SSP) Market Size and Forecast, by Application (2023-2030) 6.3.9. Taiwan 6.3.9.1. Taiwan Single superphosphate (SSP) Market Size and Forecast, by Form (2023-2030) 6.3.9.2. Taiwan Single superphosphate (SSP) Market Size and Forecast, by Application (2023-2030) 6.3.10. Rest of Asia Pacific 6.3.10.1. Rest of Asia Pacific Single superphosphate (SSP) Market Size and Forecast, by Form (2023-2030) 6.3.10.2. Rest of Asia Pacific Single superphosphate (SSP) Market Size and Forecast, by Application (2023-2030) 7. Middle East and Africa Single superphosphate (SSP) Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 7.1. Middle East and Africa Single superphosphate (SSP) Market Size and Forecast, by Form (2023-2030) 7.2. Middle East and Africa Single superphosphate (SSP) Market Size and Forecast, by Application (2023-2030) 7.3. Middle East and Africa Single superphosphate (SSP) Market Size and Forecast, by Country (2023-2030) 7.3.1. South Africa 7.3.1.1. South Africa Single superphosphate (SSP) Market Size and Forecast, by Form (2023-2030) 7.3.1.2. South Africa Single superphosphate (SSP) Market Size and Forecast, by Application (2023-2030) 7.3.2. GCC 7.3.2.1. GCC Single superphosphate (SSP) Market Size and Forecast, by Form (2023-2030) 7.3.2.2. GCC Single superphosphate (SSP) Market Size and Forecast, by Application (2023-2030) 7.3.3. Nigeria 7.3.3.1. Nigeria Single superphosphate (SSP) Market Size and Forecast, by Form (2023-2030) 7.3.3.2. Nigeria Single superphosphate (SSP) Market Size and Forecast, by Application (2023-2030) 7.3.4. Rest of ME&A 7.3.4.1. Rest of ME&A Single superphosphate (SSP) Market Size and Forecast, by Form (2023-2030) 7.3.4.2. Rest of ME&A Single superphosphate (SSP) Market Size and Forecast, by Application (2023-2030) 8. South America Single superphosphate (SSP) Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 8.1. South America Single superphosphate (SSP) Market Size and Forecast, by Form (2023-2030) 8.2. South America Single superphosphate (SSP) Market Size and Forecast, by Application (2023-2030) 8.3. South America Single superphosphate (SSP) Market Size and Forecast, by Country (2023-2030) 8.3.1. Brazil 8.3.1.1. Brazil Single superphosphate (SSP) Market Size and Forecast, by Form (2023-2030) 8.3.1.2. Brazil Single superphosphate (SSP) Market Size and Forecast, by Application (2023-2030) 8.3.2. Argentina 8.3.2.1. Argentina Single superphosphate (SSP) Market Size and Forecast, by Form (2023-2030) 8.3.2.2. Argentina Single superphosphate (SSP) Market Size and Forecast, by Application (2023-2030) 8.3.3. Rest Of South America 8.3.3.1. Rest Of South America Single superphosphate (SSP) Market Size and Forecast, by Form (2023-2030) 8.3.3.2. Rest Of South America Single superphosphate (SSP) Market Size and Forecast, by Application (2023-2030) 9. Global Single superphosphate (SSP) Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2023) 9.3.5. Company Locations 9.4. Leading Single superphosphate (SSP) Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. Madhya Bharat Agro Products Limited 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. Potash Corporation of Saskatchewan 10.3. CF Industries Holdings Inc 10.4. Coromandel International Ltd 10.5. Yara International ASA 10.6. Kemyan Yanbu for Industry 10.7. Jubilant Industries Ltd 10.8. The Mosaic Company 10.9. PCC Group 10.10. Aarti Industries Ltd 10.11. Krishna Phos Chem 10.12. Bohra Industries Ltd 10.13. Phosagro 10.14. Eurochem 10.15. Richgro 10.16. Agrium Inc 10.17. Mosaic 10.18. OCP 10.19. ICL 10.20. GNFC 11. Key Findings 12. Industry Recommendations 13. Single superphosphate (SSP) Market: Research Methodology 14. Terms and Glossary