Report Description

Phosphoric acid (H3PO4) is a phosphorus-containing inorganic acid that is colorless and odorless. Phosphoric acid is majorly categorized into fertilizer grade and technical grade. Fertilizer grade phosphoric acid is primarily used in manufacturing phosphate chemicals, which are used in the production of phosphatic fertilizers such as DAP (diammonium phosphate), MAP (monoammonium phosphate), TSP (triple superphosphate), SSP (single superphosphate), etc.; whereas technical grade phosphoric acid is used for various industrial application such as sugar and oil refining, manufacturing of detergents, food & beverage, pharmaceutical, water treatment, metal recovery, etc. Production of DAP and SSP fertilizers grew from 3.53 million tons and 3.14 million tons in 2010 to 3.61 million tons and 4.22 million tons, respectively in 2014. Anticipated growth in consumption and production of SSP and DAP fertilizers in the coming years is expected to propel growth in India phosphoric acid market through 2021.

According to TechSci Research Report “India Phosphoric Acid Market By Type, By Application, Competition Market Forecast & Opportunities, 2011-2021”, the country’s phosphoric acid market is projected to grow at a CAGR of more than 7% during 2016 - 2021. Fertilizers grade dominates India phosphoric acid market, with the segment accounting for a share of more than 90% in 2015. Fertilizer grade phosphoric acid is expected to continue its dominance in the coming years on account of growing demand for phosphatic fertilizers such as DAP, MAP, SSP, etc. Indo Maroc Phosphore was the leading company in the country’s phosphoric acid market in 2015. The company is anticipated to further increase its market penetration during the forecast period by setting up joint ventures with domestic players. “India Phosphoric Acid Market By Type, By Application, Competition Market Forecast & Opportunities, 2011-2021” report elaborates following aspects related to phosphoric acid market in India:

  • India Phosphoric Acid Market Size, Share & Forecast
  • Segmental Analysis – By Type (Fertilizer Grade & Technical Grade), By Application (Fertilizer, Sugar Refining, Oil Refining, & Others)
  • Policy & Regulatory Landscape
  • Changing Market Trends & Emerging Opportunities
  • Competitive Landscape & Strategic Recommendations

Why You Should Buy This Report?

  • To gain an in-depth understanding of India phosphoric acid market
  • To identify the on-going trends and anticipated growth in the next five years
  • To help industry consultants, phosphoric acid manufacturers, vendors and dealers align their market-centric strategies
  • To obtain research based business decisions and add weight to presentations and marketing material
  • To gain competitive knowledge of leading market players
  • To avail 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer’s specific needs    

Report Methodology

The information contained in this report is based upon both primary and secondary sources. Primary research included interviews with phosphoric acid manufacturers and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and other proprietary databases.

Table of content

1.       India Phosphoric Acid- Product Overview

2.       Research Methodology

3.       Analyst View

4.       India Phosphoric Acid Production Outlook

4.1.    Production Size & Forecast

4.1.1.By Volume

5.       India Phosphoric Acid Market Outlook

5.1.    Market Size & Forecast

5.1.1.By Volume

5.1.2.By Value

5.2.    Market Share & Forecast

5.2.1.By Type (Fertilizer grade & Technical Grade)

5.2.2.By Application (Fertilizer, Sugar Refining, Oil Refining)

5.2.3.By Region

5.2.4.By Company

5.3.    India Phosphoric Acid Market Attractiveness Index Analysis (By Type, By Application, By Region) & BPS Analysis

6.       Market Dynamics

6.1.    Drivers

6.2.    Challenges

7.       Trends and Developments

7.1.    Declining Phosphoric Acid Import

7.2.    Rising Penetration in Food Additives Industry

7.3.    Increasing Recovery of Gypsum

7.4.    Growing Export of Detergents

7.5.    Expanding DAP Imports

8.       Import-Export Analysis

9.       Policy & Regulatory Landscape

10.   India Economic Profile

11.   Competitive Landscape

11.1.  Indo Maroc Phosphore S.A (IMACID)

11.2.  Jordan India Fertilizer Company (JIFCO)

11.3.  Industries Chimiques Du Senegal (ICS Senegal)

11.4.  Tunisian Indian Fertilizers (TIFERT)

11.5.  Indo-Jordan Chemicals Company Ltd. (IJCC)

11.6.  Punjab Chemicals & Crop Protection Limited

11.7.  United Phosphorus Limited

11.8.  Gujarat Alkalies and Chemicals Ltd.

11.9.  Grasim Industries Limited

11.10.   Budenheim India Pvt. Ltd.

12.   Strategic Recommendations

Figures and Tables

List of Figures

Figure 1: India Phosphoric Acid Production, By Volume, 2011-2021F (‘000 Tons)

Figure 2: India Phosphoric Acid Market Size (Including Captive Use), By Volume, 2011-2021F (‘000 Tons)

Figure 3: India Phosphoric Acid Market (Including Captive Use) Incremental Opportunity, By Volume, 2011-2021F (‘000 Tons)

Figure 4: India Phosphoric Acid Market Size, By Volume, 2011-2021F (‘000 Tons)

Figure 5: India Phosphoric Acid Market Incremental Opportunity, By Volume, 2011-2021F (‘000 Tons)

Figure 6: India Phosphoric Acid Market Size, By Value, 2011-2021F (USD Million)

Figure 7: India Phosphoric Acid Market Absolute $ Opportunity, 2011-2021 (USD Million)

Figure 8: India Phosphoric Acid Market Share, By Type, By Volume 2011-2021F

Figure 9: India Fertilizer Grade Phosphoric Acid Market Absolute $ Opportunity, 2011-2021 (‘000 Tons)

Figure 10: India Production of Phosphatic Fertilizers, FY2013-FY2015 (‘000 Tons)

Figure 11: India Import of DAP Fertilizers, 2011-12 & 2015-16 (‘000 Tons)

Figure 12: India Technical Grade Phosphoric Acid Market Absolute $ Opportunity, 2011-2021F (‘000 Tons)

Figure 13: Asia-Pacific Phosphate Demand Annual Growth Rate, By Country, By Value, 2015

Figure 14: India Oilseed Production Global Share, By Volume, 2014

Figure 15: India Edible Oil Market Share, By Type, By Volume, 2014

Figure 16: India Sugar Consumption and Production, By Volume, 2011-2015 (Million Tons)

Figure 17: Indian Pharmaceutical Market Size, By Value, 2015-2020F (USD Billion)

Figure 18: Indian Food & Beverage Market Size, By Value 2015-2020F (USD Billion)

Figure 19: India Phosphoric Acid Market Share, By Application, By Volume 2011-2021F

Figure 20: India Phosphoric Acid Market Y-o-Y Growth Rate, By Application, By Volume 2011-2021F

Figure 21: India Phosphoric Acid Market Share, By Region, By Volume 2015 & 2021F

Figure 22: India Phosphoric Acid Market Share, By Region, By Volume 2011-2021F

Figure 23: India Phosphoric Acid Market Y-o-Y Growth Rate, By Region, By Volume 2011-2021F

Figure 24: India Phosphoric Acid Market Share, By Company, By Volume, 2015

Figure 25: India Phosphoric Acid Market Share, By Company, By Volume, 2021F

Figure 26: India Phosphoric Acid Market Attractiveness Index, By Type, By Volume, 2015-2021F

Figure 27: India Phosphoric Acid Market Attractiveness Index, By Application, By Volume, 2015-2021F

Figure 28: India Phosphoric Acid Market Attractiveness Index, By Region, By Volume, 2015-2021F

Figure 29: India Phosphoric Acid Market BPS Analysis, By Type, By Volume, 2011 & 2021F

Figure 30: India Phosphoric Acid Market BPS Analysis, By Application, By Volume, 2011 & 2021F

Figure 31: India Phosphoric Acid Market BPS Analysis, By Region, By Volume, 2011 & 2021F

Figure 32: India Phosphoric Acid Market BPS Analysis, By Company, By Volume, 2015 & 2021F

Figure 33: Global Monthly Average Prices for Phosphatic Fertilizers, July 2015- April 2016 (USD Per Ton)

Figure 34: Subsidy on DAP and MAP Fertilizers, 2011-2012 to 2014-2015 (USD Per Metric Ton)

Figure 35: India Phosphoric Acid Import Incremental Opportunity, By Volume, 2006–2015 (‘000 tons)

Figure 36: India Food Additives Market Size, By Value, 2010-2020F (USD Million)

Figure 37: India Export of Detergents (e.g. Alkylsulphates, technical Dodecylbenzene-sulphonates, etc.), 2010-2011 to 2015-2016 (‘000 tons)

Figure 38: India Import of DAP Fertilizers, 2010-2011 to 2015-2016 (‘000 tons)

Figure 39: India Phosphoric Acid Imports, By Value, 2006-2015 (USD Million)

Figure 40: India Phosphoric Acid Imports, By Volume, 2006-2015 (‘000 Tons)

Figure 41: India Phosphoric Acid Exports, By Value, 2006-2015 (USD Million)

Figure 42: India Phosphoric Acid Exports, By Volume, 2006-2015 (‘000 Tons)

Figure 43: India Phosphoric Acid Market Share, By Type, By Volume, 2011, 2015 & 2021

Figure 44: West India Phosphoric Acid Market Incremental Opportunity, 2011-2021F (‘000 Metric Tons)

Figure 45: East India Phosphoric Acid Market Incremental Opportunity, 2011-2021F (‘000 Metric Tons)

Figure 46: India Phosphoric Acid Market in Sugar Refining Incremental Opportunity, 2011-2021F (‘000 Metric Tons)

Figure 47: India Phosphoric Acid Market in Oil Refining Incremental Opportunity, 2011-2021F

(‘000 Metric Tons)

 

List of Tables 

Table 1: Phosphoric Acid Applications

Table 2: Properties of Phosphoric Acid

Table 3: India Production of Phosphatic Fertilizers, By Season, 2012-2013 to 2014-2015 (Million Tons)

Table 4: India Production of Phosphatic Fertilizers, By Sector, FY2010-FY2014 (‘000 Tons)

Table 5: India Installed Capacity of Fertilizer Manufacturing Units, By Sector (Million Tons) (As of 2015)

Table 6: India Production of Phosphatic Fertilizers, By Type, FY2010-FY2014 (Million Tons)

Table 7: India DAP Demand and Supply Analysis in Rabi Season, 2013-14 & 2014-15 (Million Tons)

Table 8: Chemical Composition of the Indian Rock Phosphate (Weight % - Dry Basis)

Table 9: India DAP and Other Complex Fertilizer Plants, By Company, By State (As of 2014)

Table 10: India Installed Capacity, Production and Capacity Utilization of Phosphate, By Unit, 2014-15

Table 11: List of SSP Fertilizer Producers in India (as of 2015)

Table 12: India Production of Sugar During October- September, By Two Major States, By Volume, 2011-2015

Table 13: West India Complex Fertilizer Production, By State, FY 2012-FY 2015 ('000' MT)

Table 14: West India DAP Production, By State, FY 2012-FY 2015 ('000' MT)

Table 15: East India Complex Fertilizer Production, By State, FY 2012-FY 2015 ('000' MT)

Table 16: East India DAP Production, By State, FY 2012-FY 2015 ('000' MT)

Table 17: South India Complex Fertilizer Production, By State, FY 2012-FY 2015 ('000' MT)

Table 18: West India DAP Production, By State, FY 2012-FY 2015 ('000' MT)

Table19: India Phosphoric Acid Plants Joint Venture with Foreign Companies, as of 2014-2015

Table 20: India Phosphoric Acid Imports, By Source Country, By Value (USD Million), By Volume (Tons), 2014 & 2015

Table21: India Phosphoric Acid Imports, By Source Country, By Value (USD Million), By Volume (Tons), 2014 & 2015

Table 22: Anti-Dumping Duties Levied on Phosphoric Acid for all Exporters and Importers 

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Sakshi Bajaal

Business Consultant
Press Release

India Phosphoric Acid Market to Grow at CAGR 7.2% till 2021

Sep, 2016

Rising imports of fertilizers, increasing domestic production of phosphoric acid, coupled with growing demand for agro-based products to drive India phosphoric acid market through 2021. According to