A natural mineral formation that consists of phosphorus compounds and in high quantity is termed as phosphorous ore. The phosphorous content in the ores depends on various factors including processing, behavior geological conditions, etc. The ores occur in different forms such as sedimentary rocks, magmatic deposits, and metasomatic deposits, and more. Among these, sedimentary rocks are preferred the major source for phosphorous, due to the requirement of low energy in processing these rocks. Apatite and phosphorite are the two major groups of phosphate rock. Moreover, aluminum phosphates and iron phosphates are among other phosphorus ores. Phosphorous is one of the quintessential nutrients required for plants that help in cell division, seed formation, photosynthesis, and enlargement. Due to this, phosphorus is majorly used in fertilizer production.

Market Outlook

Global phosphorus ore market size is expected to expand significantly, owing to increasing demand for phosphorus from various industries during the forecast period (2019-2027). Phosphorus finds applications in various industries such as fertilizers, soft drinks and beverages, and more. Growing agricultural industry around the world is expected to increase the demand for fertilizers, which in turn is expected to support growth of the market. Phosphorus also used as important nutrition for animals, which is a crucial component for DNA, bones, and others. Growing use of phosphorus in animal feed is expected to increase the demand for phosphorus ore and subsequently drive the market growth. Furthermore, phosphorus finds applications in several food products and beverages. Increasing consumption of beverages such as soft drinks and high growth of food and beverages industry is expected to increase the demand for phosphorus and hence boos the market growth during the forecast period.

However, a significant dip in phosphorus reserves around the world has increased the price of phosphorus ores, which is expected to restrain global phosphorus ore market growth.

Market Regional Analysis

Asia Pacific is expected to hold significant market share in the global phosphorus ore market during the forecast period. This is owing to a growing population and increasing demand for food products in emerging economies such as India and China. Moreover, Asia Pacific is expected to continue its dominance in the near future. Furthermore, North America and Europe are expected to grow at a moderate rate, owing to increasing regulations on the use of phosphorous by regulatory authorities. 

Market Players

Major players operating in the global phosphorus ore market are Hubei Xingfa Chemicals Group Co., Ltd., Yuntianhua Group, Jiangyin Chengxing Industrial Group Co., Ltd, Hubei Yihua Group, Sichuan Qingping Phosphorus Ore, and Guizhou Kailin (Group) Co., Ltd.

Key Developments:-

  • In November 2018, COWI, a Danish engineering specialist along with the partnership with Easy Mining announced to develop a technology namely, Ash2phos which would be used to retrieve the phosphorus from the incineration sewage slugde. This technology is planned to be used in the facilities in Denmark, Germany and Sweden.
  • In July 2016, Anhui Sierte announced to acquire Guizhou Lufa, a phosphorus ore manufacturer. It acquisition will be beneficial for Anhui Sierte as it would reduce the costs of raw material incurred by the company and would also provides the opportunities for Anhui Sierte to enter into markets in rural areas such as in Southwest China.
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Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
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In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


Data Triangulation Methodology | Coherent Market Insights

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Market Analysis | Coherent Market Insights

Preliminary Data Mining

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Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

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Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

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The primary research is conducted with the ecosystem players including, but not limited to:

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