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Global Single Superphosphate (SSP) Market 2019-2023

Global Single Superphosphate (SSP) Market 2019-2023

About this market

Single Superphosphate (SSP) is one of the type of phosphate fertilizers. It is one of the conventionally used chemicals in fertilizers. It is preferred to other fertilizers owing to their low price and easy availability. Less stringent regulatory mandates on SSP can increase the use of SSP based fertilizers during the forecast period. Technavio’ s analysts have predicted that the single superphosphate (SSP) market will register a CAGR of nearly 3% by 2023.

Market Overview

Growing demand for SSP in China

China is the largest producer and consumer of SSP in the world. SSP is used as fertilizers which is used in agriculture, horticulture and pasture. The increasing demand for fruits in China will drive the demand for SSP as fertilizers during the forecast period.

Alternatives to SSP fertilizers

Alternatives to SSP fertilizer pose a major challenge to the growth of the market. The agriculture industry uses substitutes like triple superphosphate, sulphur based fertilizers and NPK fertilizers in large volumes which impede the market growth.

For the detailed list of factors that will drive and challenge the growth of the single superphosphate (SSP) market during the 2019-2023, view our report.

Competitive Landscape

The market appears to be fairly concentrated and with the presence of few companies including Coromandel International Limited and GNFC the competitive environment is quite intense. Factors such as the growing demand for SSP in China will provide considerable growth opportunities to single superphosphate (SSP) manufactures. Coromandel International Limited, GNFC, ICL, Jubilant Industries Ltd, and The Mosaic Company are some of the major companies covered in this report.


Press Release

Technavio Announces the Publication of its Research Report – Global Single Superphosphate (SSP) Market 2019-2023

Technavio recognizes the following companies as the key players in the global single superphosphate (SSP) market: Coromandel International Limited, GNFC, ICL, Jubilant Industries Ltd, and The Mosaic Company.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the reduction in arable lands.”

According to the report, one of the major drivers for this market is the growing demand for SSP in China.

Further, the report states that one of the major factors hindering the alternatives to SSP fertilizers.

Companies Mentioned

Coromandel International Limited

GNFC

ICL

Jubilant Industries Ltd

The Mosaic Company

  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global fertilizers market
      • Table Segments of global fertilizers market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 (thousand t)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by application
    • Table Application - Market share 2018-2023 (%)
    • Comparison by application
      • Table Comparison by application
    • Agriculture - Market size and forecast 2018-2023
      • Table Agriculture - Market size and forecast 2018-2023 (thousand t)
      • Table Agriculture - Year-over-year growth 2019-2023 (%)
    • Others - Market size and forecast 2018-2023
      • Table Others - Market size and forecast 2018-2023 (thousand t)
      • Table Others - Year-over-year growth 2019-2023 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 (thousand t)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 (thousand t)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 (thousand t)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 (thousand t)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 (thousand t)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Reduction in arable land
    • Upcoming new plants for gypsum
    • Rise in demand for micronutrient-based fertilizers
      • Table Some types of micronutrient and their functions
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Coromandel International Limited
      • Table Coromandel International Limited - Vendor overview
      • Table Coromandel International Limited - Product segments
      • Table Coromandel International Limited - Organizational developments
      • Table Coromandel International Limited - Segment focus
      • Table Coromandel International Limited - Key offerings
    • GNFC
      • Table GNFC - Vendor overview
      • Table GNFC - Product segments
      • Table GNFC - Organizational developments
      • Table GNFC - Segment focus
      • Table GNFC - Key offerings
    • ICL
      • Table ICL - Vendor overview
      • Table ICL - Business segments
      • Table ICL - Organizational developments
      • Table ICL - Geographic focus
      • Table ICL - Segment focus
      • Table ICL - Key offerings
    • Jubilant Industries Ltd
      • Table Jubilant Industries Ltd - Vendor overview
      • Table Jubilant Industries Ltd - Business segments
      • Table Jubilant Industries Ltd - Organizational developments
      • Table Jubilant Industries Ltd - Segment focus
      • Table Jubilant Industries Ltd - Key offerings
    • The Mosaic Company
      • Table The Mosaic Company - Vendor overview
      • Table The Mosaic Company - Business segments
      • Table The Mosaic Company - Organizational developments
      • Table The Mosaic Company - Geographic focus
      • Table The Mosaic Company - Segment focus
      • Table The Mosaic Company - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
  • Explore Technavio

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