Unlike the developed markets where use of phosphates in detergents has declined over the years due to environmental concerns such as eutrophication, lack of environmental legislations in developing markets offer opportunities for growth.
Consumption of phosphates in animal nutrition is expected to post sturdy growth in the world market driven largely by the growing preference of meat producers for inorganic phosphate supplements, in comparison to meat and bone meal.
Recurrent outbreak of foot-and-mouth and bovine spongiform encephalopathy diseases is a major factor influencing the shift towards inorganic phosphate feed.
Industrial and food and beverage end-use application markets are rising in importance, given the growing consumption of industrial and food phosphates.
This report is designed to be the most comprehensive in geographic coverage and vertical market analyses.