CLEVELAND, April 26, 2018 /PRNewswire/ -- US phosphate rock demand is forecast to total 28.9 million metric tons in 2022, according to Phosphate Rock: United States, a report recently released by Freedonia Focus Reports. Increasing demand for US-produced fertilizer in export markets and an uptick in domestic fresh vegetable production will support gains.
Demand for phosphate rock in fertilizers is projected to remain the largest of any segment through 2022. Advances will be driven by an expected uptick in fresh vegetable, fruit, and nut production projected through 2022.
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These and other key insights are featured in Phosphate Rock: United States. This report forecasts to 2022 US phosphate rock demand and mine production in metric tons. Total demand is segmented by market in terms of:
- diammonium phosphate (DAP) fertilizer
- monoammonium phosphate (MAP) fertilizer
- other fertilizers such as triple superphosphate (TSP) and ammonium polyphosphate
- animal feed
- other markets such as food and beverage, and industrial applications
To illustrate historical trends, total demand, total mine production, and the various demand segments are provided in annual series from 2007 to 2017.
Each month, The Freedonia Group – a division of MarketResearch.com – publishes over 20 new or updated Freedonia Focus Reports, providing fresh, unbiased analysis on a wide variety of markets and industries. Published in 20-30 pages, Focus Report coverage ranges from raw materials to finished manufactured goods and related services such as freight and construction. Additional Energy & Resources reports can be purchased at Freedonia Focus Reports or MarketResearch.com.
Analysis is intended to guide the busy reader through pertinent topics in rapid succession, including:
- total historical market size and industry output
- segmentation by products and markets
- identification of market drivers, constraints, and key indicators
- segment-by-segment outlook in five-year forecasts
- a survey of the supply base
- suggested resources for further study
SOURCE The Freedonia Group