Phosphate Rock Market was valued at USD 26.8 billion in 2020 and is expected to grow at a CAGR of 7% between 2021 and 2027. Phosphate rock used in fertilizers is the main standard due to both uranium and thorium. Phosphate is a common chemical composition of fertilizers. Phosphate is a common chemical composition of fertilizers. It is mainly mined in tight and phosphate rocks (phosphorus), in which the concentration of phosphoric acid has been improved by sedimentation, Mars, weather resistance, and biological processes. Some phosphate rocks are used to make calcium phosphate nutritional supplements for animals. Pure phosphorus is used to make chemicals for use in industry. The most important use of phosphate rock, however is in the production of phosphate fertilizers for agriculture.
Market growth is likely to be hampered despite increasing product demand, taking into account the availability of alternative products. For example, in the animal feed industry, phytase is preferred over feed phosphate due to its low cost. This product has a similar function of improving bone strength, digestion and improving energy. Phytase also promotes high intake of feed, which helps in the physical development of livestock. The benefits of phytase are expected to negatively affect the growth of the phosphate rock industry in the coming years.
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Top Major Key Players Industries
The Mosaic Company
C. Phosphate Resources Limited
Nutrien Ltd.
Misr Phosphate
Hubei Xingfa Chemicals Group Co., Ltd
Yunnan Phosphate Haikou Co., Ltd (YPH)
PhosAgro
J R Simplot
Itafos
Shaw River Manganese Ltd
By Application
Fertilizers
Animal Feed
Others
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Scope of the Report
The research study analyzes the global Warehousing Logistics Robots industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size andor Volume
o Latin America Market Size andor Volume
o Europe Market Size andor Volume
o Asia-Pacific Market Size andor Volume
o Rest of the world Market Size andor Volume
Key Questions Answered by Warehousing Logistics Robots Market Report
What was the Warehousing Logistics Robots Market size in 2018 and 2021; what are the estimated growth trends and market forecast (2021-2027).
What will be the CAGR of Warehousing Logistics Robots Market during the forecast period (2021-2027)
Which segments (product type or applications or end-user) were most attractive for investments in 2018 How these segments are expected to grow during the forecast period (2021-2027).
Which manufacturer vendor or players in the Warehousing Logistics Robots Market was the market leader in 2018
Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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