Mono ammonium phosphate also known as ammonium dihydrogen phosphate (ADP) is a white, odorless powder that is commonly used as a food additive, fertilizer and in the manufacture of fire extinguishers. Mono ammonium phosphate is a fertilizer that is used to improve the nutrient content of soil.
Based on types, the market is segmented into Fertilizers, Fire Extinguishers, and Others. The use of ammonium phosphate as a fertilizer holds more than 50% of the market and is expected to grow further owing to the increasing utilization of fertilizers in agricultural countries such as India and Brazil. Mono ammonium Phosphate has been an important granular fertilizer for many years. It’s water-soluble and dissolves rapidly in adequately moist soil. The extinguisher spray disperses finely powdered Ammonium Phosphate, which covers the fuel and quickly smothers the flame, driving the global Ammonium Phosphate market.
Asia Pacific is leading the Mono ammonium Phosphate market. Major agriculture-oriented countries such as China, Pakistan, and India, along with other Asian countries, account for a significant portion of the fertilizers segment. In North America, the US is a leading market, followed by Mexico, as major crops require inorganic fertilizers in this region. Latin America is another leading consumer of inorganic fertilizers owing to its abundant crops with Brazil and Argentina being the leading consumers in the region.
Saudi Arabia is planning to increase its phosphate fertiliser production to cater to the global export market which will positively impact the Mono ammonium phosphate market.
In February 2023, EuroChem announced the acquisition of the Serra do Salitre phosphate project in Brazil.
Increasing demand from the agriculture sector for mono ammonium phosphate as a fertilizer is expected to be a key growth driver for the market over the forecast period. Rising population and increase in food demand is anticipated to fuel market growth over the next few years.
Mono ammonium phosphate is a high-quality, water-soluble fertilizer that is used to improve crop growth. Mono ammonium phosphate is used to supplement the levels of phosphorus and nitrogen in the soil, which are essential nutrients for plant growth. In many soils, these nutrients are naturally deficient or become depleted due to intensive farming practices.
Different crops require varying amounts of phosphorus and nitrogen to grow and produce high yields. Mono ammonium phosphate can be customized to meet specific crop requirements and ensure optimal growth and yield.
Mono ammonium phosphate is a cost-effective fertilizer option due to its high nutrient content and water solubility, which allows for efficient absorption by plants.
It is a more environmentally friendly fertilizer option compared to other fertilizers that contain higher levels of nitrogen or phosphorus. It is also less likely to contribute to water pollution, as it is easily absorbed by plants and does not leach into groundwater.
The use of Mono ammonium phosphate can significantly increase agricultural productivity by promoting plant growth, improving crop yields, and increasing the quality of the harvested produce. This has led to increased demand for Mono ammonium phosphate in the agriculture industry.
The growing demand for organic products may hamper the mono-ammonium Phosphate market growth. Increasing awareness of the use of toxic chemicals in agricultural activities may hamper the market growth,
Organic farming practices prohibit the use of synthetic fertilizers, including Mono ammonium phosphate, and rely on organic fertilizers such as compost and manure. This growing demand for organic products could lead to a decrease in the use of synthetic fertilizers, including Mono ammonium phosphate, in certain markets.
However, it is important to note that Mono ammonium phosphate is not the same as synthetic fertilizers such as urea or ammonium nitrate, which are often associated with negative environmental impacts. Mono ammonium phosphate is a more environmentally friendly option compared to these synthetic fertilizers due to its lower nitrogen content and better uptake efficiency by plants.
Need help
How can we help you?
Reach us with your research requirements and we shall provide the optimum solution to suit your needs.