Cereals and Grains Lead Phosphate Fertilizers Application Segment
The global phosphate fertilizers market is projected to grow at a CAGR of 5.3%, reaching a value of USD 78.4 billion by 2030, up from USD 54.6 billion in 2023. Phosphate fertilizers, crucial for promoting plant growth and increasing crop yields, include products like diammonium phosphate (DAP), triple superphosphate (TSP), and single superphosphate (SSP). Key drivers of market growth...
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