India Phosphoric Acid Comprehensive Techno-Commercial Market Analysis and Forecast, 2013-2030

The demand for phosphoric acid in India stood at 4,948 KTPA in 2018 and is projected to grow at a CAGR of 5.96% during 2019-2030 to reach 8,773 KTPA by 2030. Growing consumption of phosphoric acid can be attributed to rising demand for fertilizers to meet increasing food demand in the country. Moreover, use of phosphoric acid across various applications such as sugar industry and refining sector is increasing. Growing consumption of phosphoric acid by major fertilizer manufacturing units in states such as Gujarat and Maharashtra is stimulating the demand for large quantities of phosphoric acid. Additionally, expanding fertilizer production capacity is further likely to fuel growth in the Indian phosphoric acid market during forecast period.

Years Considered for this Report:

Historical Years: 2013-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020-2030

Objective of the Study:

• The primary objective of the study was to evaluate and forecast phosphoric acid capacity, production, demand, inventory, and the demand - supply gap in India.


• To categorize the demand for phosphoric acid based on type, grade, region and sales channel.


• To study trade dynamics and company share in the Indian phosphoric acid market.


• To identify major customers of phosphoric acid in India.


• To evaluate and forecast phosphoric acid pricing by grade in India.


• To identify and profile major companies operating in the Indian phosphoric acid market.


• To identify major developments, deals and expansion plans in the Indian phosphoric acid market.

Some of the major players operating in the country’s phosphoric acid market are Gujarat State Fertilizers & Chemical Limited, IFFCO, Pradeep Phosphates, etc.

To extract data for the Indian phosphoric acid market, primary research surveys were conducted with phosphoric acid manufacturers, suppliers, distributors, wholesalers and end-users. While interviewing, the respondents were also inquired about their competitors. Through this technique, the author was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, the author analyzed various end-user segments and projected a positive outlook for the country’s phosphoric acid market over the coming years.

The author calculated the demand for phosphoric acid by analyzing the historical data and demand forecast which was carried out considering the development in end-use industries. The author sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by the author.

Key Target Audience:

• Phosphoric acid manufacturers and other stakeholders


• Organizations, forums and alliances related to phosphoric acid distribution


• Government bodies such as regulating authorities and policy makers


• Market research organizations and consulting companies

The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as phosphoric acid manufacturers, distributors and policy makers. The report also provides useful insights about which market segments should be targeted over the coming years to strategize investments and capitalize on growth opportunities.

Available Customizations:

With the given market data, the author offers customizations according to a company’s specific needs.

*Note - Custom Research License:

10% specific customization is available free of any additional cost, for both the single user and enterprise license, as above. However, alternatively, if you are looking for additional content data or insight related to the scope of the report, you may purchase the new “Custom Research License”. Please enquire for pricing.

The custom research will be delivered in printable PDF format along with the report’s data excel sheet. This license offers 80 analyst hours. It is strongly recommended for an organization which wants to execute short ‘bespoke’ research projects related to the scope of the purchased report.