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Phosphoric Acid Market by Process Type (Wet, Thermal), Application (Fertilizers, Feed & Food Additives, Detergents, Water Treatment Chemicals, Metal Treatment, Industrial Use), and Region - Global Forecast to 2030- Product Image
Phosphoric Acid Market by Process Type (Wet, Thermal), Application (Fertilizers, Feed & Food Additives, Detergents, Water Treatment Chemicals, Metal Treatment, Industrial Use), and Region - Global Forecast to 2030- Product Image
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Phosphoric Acid Market by Process Type (Wet, Thermal), Application (Fertilizers, Feed & Food Additives, Detergents, Water Treatment Chemicals, Metal Treatment, Industrial Use), and Region - Global Forecast to 2030

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    Report

  • 234 Pages
  • September 2025
  • Region: Global
  • Markets and Markets
  • ID: 5652734
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Description Jump to:
The global phosphoric acid market size is projected to reach USD 142.14 billion in 2030 from USD 112.03 billion in 2024, at a CAGR of 4.06% during the forecast period. The market for phosphoric acid is experiencing growth as world agriculture evolves toward more productive practices demanding phosphate-rich fertilizers to address increasing food production needs. Increased industrialization in fast-growing markets, combined with growing global population and urban eating habits, is building demand, while production technology advances are enhancing supply efficiency and cost competitiveness.

Thermal process type accounted for the second-largest share of the phosphoric acid market in 2024.

In 2024, the thermal process segment had the second-biggest market share of phosphoric acid because it has the capacity to produce pure acid, which fits both food-grade and industrial uses. In contrast with the wet process, the thermal path is chosen more frequently in the sector where high process quality is demanded, like pharmaceuticals, beverages, or electronics production. This is evidenced by its stable demand because of the premium it sets on the purity and performance of the products, especially in markets where regulatory compliance and specialized applications prevail over pricing.

Detergents segment was the third largest application of the global phosphoric acid market, in terms of value, in 2024.

In 2024, the detergents segment accounted for the third-largest share of the global phosphoric acid market in terms of value. This dominance is led by its indispensable status as a fundamental component in the production of cleaning and hygiene goods. Phosphoric acid is widely used in the area of formulating a detergent product since it is quite effective in the removal of mineral deposits to enhance cleaning power and guarantee the performance of the products in household, industrial, and institutional applications. Market demand for the segment was underpinned by consumers' increasing consciousness about hygiene levels, urban population growth, and the emergence of developing markets. Moreover, the constant innovation of green and high-performance detergents helped drive stable consumption, consolidating the segment's strong position in the overall market portfolio.

Europe was the second-largest phosphoric acid market, in terms of value, in 2024.

Europe was the second-largest phosphoric acid market in value in 2024, led primarily by the demand from feed & food additives, water treatment, and phosphate-based fertilizers. The market is controlled by well-established chemical suppliers with incorporated supply chains, high regulatory adherence, and technology in the production can ensure the persistence of the same product at a high rate, and functions based on sustainability. Also, the market position is strengthened by the increasing utilization of specialty chemicals and industrial usage applications.
  • By Company Type: Tier 1 - 55%, Tier 2 - 25%, and Tier 3 - 20%
  • By Designation: Directors - 50%, Managers - 30%, and Others - 20%
  • By Region: North America - 40%, Europe - 35%, Asia Pacific - 20%, Rest of World - 5%
The key players profiled in the report include OCP Group (Morocco), The Mosaic Company (US), PJSC PhosAgro (Russia), ICL Group Ltd (Israel), Nutrien Ltd. (Canada), EuroChem Group AG (Switzerland), Innophos (US), Solvay SA (Belgium), Ma’aden (Saudi Arabia), and IFFCO (India).

Research Coverage

This report segments the phosphoric acid market based on process type, application, and region and provides estimations of value (USD million) for the overall market size across various regions. It has also conducted a detailed analysis of key industry players to provide insights into their business overviews, services, and key strategies associated with the phosphoric acid market.

Reasons to Buy this Report

This research report is focused on various levels of analysis - industry analysis (industry trends), market share analysis of top players, and company profiles, which together provide an overall view of the competitive landscape, emerging and high-growth segments of the phosphoric acid market; high-growth regions; and market drivers, restraints, and opportunities.

The report provides insights into the following points:

  • Market Penetration: Comprehensive information on phosphoric acid offered by top players in the global market
  • Analysis of key drivers (Increasing demand for phosphate fertilizers, demand from the food industry, and growing demand for phosphoric acid in fuel cells), restraints (Environmental concerns & increasing regulatory pressure), opportunities (Commercialization of chiral phosphoric acid as catalyst and recovery of rare earth elements for phosphoric acids), and challenges (Diminishing supply of phosphate) influencing the growth of phosphoric acid market.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the phosphoric acid market
  • Market Development: Comprehensive information about lucrative emerging markets - the report analyzes the markets for phosphoric acid across regions
  • Market Diversification: Exhaustive information about new products, untapped regions, and recent developments in the global phosphoric acid market
  • Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the phosphoric acid market

Table of Contents

1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered and Regional Scope
1.3.2 Inclusions and Exclusions
1.3.3 Market Definition and Inclusions, by Process Type
1.3.4 Market Definition and Inclusions, by Application
1.3.5 Years Considered
1.3.6 Currency Considered
1.3.7 Units Considered
1.4 Stakeholders
1.5 Summary of Changes
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data from Primary Sources
2.1.2.2 Key Primary Participants
2.1.2.3 Key Industry Insights
2.1.2.4 Breakdown of Interviews With Experts
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Data Triangulation
2.4 Growth Forecast
2.4.1 Supply-Side Analysis
2.4.2 Demand-Side Analysis
2.5 Assumptions
2.6 Limitations
2.7 Risk Assessment
3 Executive Summary 38
4 Premium Insights
4.1 Attractive Opportunities for Players in Phosphoric Acid Market
4.2 Phosphoric Acid Market, by Region
4.3 Asia-Pacific: Phosphoric Acid Market, by Process Type and Country
4.4 Regional Analysis: Phosphoric Acid Market, by Application
4.5 Phosphoric Acid Market Attractiveness
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Rising Demand for Increasing Crop Yield
5.2.1.2 Improved Texture, Quality, and Shelf Life of Food
5.2.1.3 Fuel Cell Applications in Buses and Trucks
5.2.2 Restraints
5.2.2.1 Environmental Concerns and Increasing Regulatory Pressure
5.2.3 Opportunities
5.2.3.1 Commercialization of Chiral Phosphoric Acid as Catalyst
5.2.3.2 Recovery of Rare Earth Elements from Phosphoric Acid
5.2.4 Challenges
5.2.4.1 Diminishing Supply of Phosphate
5.3 Porter’S Five Forces Analysis
5.3.1 Threat of Substitutes
5.3.2 Threat of New Entrants
5.3.3 Bargaining Power of Suppliers
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry
5.4 Key Stakeholders and Buying Criteria
5.4.1 Key Stakeholders in Buying Process
5.4.2 Buying Criteria
5.5 Macroeconomic Indicators
5.5.1 Gdp Trends and Forecast
6 Industry Trends
6.1 Supply Chain Analysis
6.1.1 Raw Material Suppliers
6.1.2 Manufacturers
6.1.3 Distributors
6.1.4 End-users
6.2 Pricing Analysis
6.2.1 Average Selling Price of Key Players for Key Applications, 2024
6.2.2 Average Selling Price Trend of Phosphoric Acid, by Region
6.3 Trends/Disruptions Impacting Customer Business
6.4 Ecosystem Analysis
6.5 Technology Analysis
6.5.1 Key Technologies
6.5.1.1 Wet and Thermal Process
6.5.1.2 Membrane Technologies (Ultrafiltration & Nanofiltration)
6.5.2 Complementary Technologies
6.5.2.1 Automation and Process Control Systems
6.6 Case Study Analysis
6.6.1 Optimizing Fertilizer Production With High-Purity Phosphoric Acid
6.6.2 Reducing Corrosion in Metal Treatment Using Phosphoric Acid Blends
6.7 Trade Analysis
6.7.1 Import Scenario (HS Code 280920)
6.7.2 Export Scenario (HS Code 280920)
6.8 Regulatory Landscape
6.8.1 Regulatory Bodies, Government Agencies, and Other Organizations
6.8.2 Regulatory Framework
6.8.2.1 Iso 3706:1976 Phosphoric Acid for Industrial Use (Including Foodstuffs) - Determination of Total Phosphorus (V) Oxide Content - Quinoline Phosphomolybdate Gravimetric Method
6.8.2.2 Iso 2997:1974 Phosphoric Acid for Industrial Use - Determination of Sulphate Content - Method by Reduction and Titrimetry
6.9 Key Conferences and Events
6.10 Investment and Funding Scenario
6.11 Patent Analysis
6.11.1 Approach
6.11.2 Document Types
6.11.3 Top Applicants
6.11.4 Jurisdiction Analysis
6.12 Impact of 2025 US Tariff on Phosphoric Acid Market
6.12.1 Introduction
6.12.2 Key Tariff Rates
6.12.3 Price Impact Analysis
6.12.4 Impact on Country/Region
6.12.4.1 US
6.12.4.2 Europe
6.12.4.3 Asia-Pacific
6.12.5 Impact on Applications
6.13 Impact of AI/Gen AI on Phosphoric Acid Market
7 Phosphoric Acid Market, by Application
7.1 Introduction
7.2 Fertilizers
7.2.1 Rising Demand for Increasing Agricultural Yield to Boost Market
7.3 Feed & Food Additives
7.3.1 Growing Demand for Dairy and Food Products in Emerging Economies to Drive Market
7.4 Detergents
7.4.1 Effective Cleaning With Less Water at Low Temperatures to Positively Influence Market Growth
7.5 Water Treatment Chemicals
7.5.1 Rising Use for Municipal, Institutional, and Industrial Applications to Propel Market
7.6 Metal Finishing
7.6.1 High Demand for Surface Enhancement and Corrosion Protection to Drive Growth
7.7 Industrial Use
7.7.1 Applications in Rubber, Leather, Glass, Plastics, Oil Refineries, Paints, Pigments, and Resins to Drive Market
7.8 Other Applications
8 Phosphoric Acid Market, by Process Type
8.1 Introduction
8.2 Wet Process
8.2.1 Extensive Use in Fertilizers to Boost Market Growth
8.3 Thermal Process
8.3.1 Growing Demand for Processed Food to Drive Market
9 Phosphoric Acid Market, by Region
9.1 Introduction
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Various Strengthening Domestic Sectors to Drive Demand
9.2.2 India
9.2.2.1 Expansion of Food & Beverage and Water Treatment Industries to Boost Growth
9.2.3 Indonesia
9.2.3.1 Increasing Food & Beverage Exports to Propel Market
9.2.4 Pakistan
9.2.4.1 Government Initiatives to Drive Demand
9.2.5 Australia
9.2.5.1 Increasing Demand for Meat and Meat Products to Fuel Market
9.3 North America
9.3.1 US
9.3.1.1 Population Growth and Improving Living Standards to Boost Demand
9.3.2 Mexico
9.3.2.1 Growing Food Industry to Drive Demand
9.3.3 Canada
9.3.3.1 Well-Established Agriculture Industry, Depleting Soil Fertility, and Loss of Arable Land to Boost Market
9.4 Europe
9.4.1 Russia
9.4.1.1 Increasing Purchasing Power of Farmers and Government Initiatives to Drive Demand
9.4.2 Turkey
9.4.2.1 Strong Government Incentives for Agriculture Sector to Fuel Market Growth
9.4.3 Poland
9.4.3.1 Depletion of Arable Land to Increase Demand for Fertilizers
9.4.4 France
9.4.4.1 Extensive Fertile Soil, Moderate Climate, and Rainfall for Agriculture to Propel Market
9.4.5 Spain
9.4.5.1 Growing Consumption of Processed Food to Drive Market
9.5 South America
9.5.1 Brazil
9.5.1.1 Economic Growth to Drive Demand
9.5.2 Argentina
9.5.2.1 Increased Demand in Food and Beverages to Fuel Market
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.1.1 Government Initiatives for Reduction of Dependence on Oil to Support Increasing Fertilizer Production
9.6.2 Morocco
9.6.2.1 Rising Trade With Key Countries to Boost Market
9.6.3 Egypt
9.6.3.1 Nationwide Focus on Land Retrieval for Agricultural Development to Drive Market
10 Competitive Landscape
10.1 Introduction
10.2 Key Player Strategies/Right to Win
10.3 Market Share Analysis, 2024
10.4 Revenue Analysis of Top Five Players, 2021-2024
10.5 Company Evaluation Matrix: Key Players, 2024
10.5.1 Stars
10.5.2 Emerging Leaders
10.5.3 Pervasive Players
10.5.4 Participants
10.5.5 Company Footprint: Key Players, 2024
10.5.5.1 Company Footprint
10.5.5.2 Region Footprint
10.5.5.3 Process Type Footprint
10.5.5.4 Application Footprint
10.6 Company Evaluation Matrix: Startups/Smes, 2024
10.6.1 Progressive Companies
10.6.2 Responsive Companies
10.6.3 Dynamic Companies
10.6.4 Starting Blocks
10.6.5 Competitive Benchmarking: Startups/Smes, 2024
10.6.5.1 Detailed List of Key Startups/Smes
10.6.5.2 Competitive Benchmarking of Key Startups/Smes
10.7 Brand/Product Comparison Analysis
10.8 Company Valuation and Financial Metrics
10.9 Competitive Scenario
10.9.1 Deals
10.9.2 Expansions
10.9.3 Other Developments
11 Company Profiles
11.1 Key Players
11.1.1 Ocp Group
11.1.1.1 Business Overview
11.1.1.2 Products/Solutions/Services Offered
11.1.1.3 Recent Developments
11.1.1.3.1 Expansions
11.1.1.4 The Analyst's View
11.1.1.4.1 Right to Win
11.1.1.4.2 Strategic Choices
11.1.1.4.3 Weaknesses and Competitive Threats
11.1.2 The Mosaic Company
11.1.2.1 Business Overview
11.1.2.2 Products/Solutions/Services Offered
11.1.2.3 Recent Developments
11.1.2.3.1 Other Developments
11.1.2.4 The Analyst's View
11.1.2.4.1 Right to Win
11.1.2.4.2 Strategic Choices
11.1.2.4.3 Weaknesses and Competitive Threats
11.1.3 Pjsc Phosagro
11.1.3.1 Business Overview
11.1.3.2 Products/Solutions/Services Offered
11.1.3.3 Recent Developments
11.1.3.3.1 Expansions
11.1.3.4 The Analyst's View
11.1.3.4.1 Right to Win
11.1.3.4.2 Strategic Choices
11.1.3.4.3 Weaknesses and Competitive Threats
11.1.4 Icl Group Ltd
11.1.4.1 Business Overview
11.1.4.2 Products/Solutions/Services Offered
11.1.4.3 Recent Developments
11.1.4.3.1 Deals
11.1.4.4 The Analyst's View
11.1.4.4.1 Right to Win
11.1.4.4.2 Strategic Choices
11.1.4.4.3 Weaknesses and Competitive Threats
11.1.5 Nutrien Ltd.
11.1.5.1 Business Overview
11.1.5.2 Products/Solutions/Services Offered
11.1.5.3 The Analyst's View
11.1.5.3.1 Right to Win
11.1.5.3.2 Strategic Choices
11.1.5.3.3 Weaknesses and Competitive Threats
11.1.6 Eurochem Group Ag
11.1.6.1 Business Overview
11.1.6.2 Products/Solutions/Services Offered
11.1.6.3 Recent Developments
11.1.6.3.1 Deals
11.1.6.3.2 Expansions
11.1.7 Innophos
11.1.7.1 Business Overview
11.1.7.2 Products/Solutions/Services Offered
11.1.8 Solvay Sa
11.1.8.1 Business Overview
11.1.8.2 Products/Solutions/Services Offered
11.1.9 Ma’Aden
11.1.9.1 Business Overview
11.1.9.2 Products/Solutions/Services Offered
11.1.10 Iffco
11.1.10.1 Business Overview
11.1.10.2 Products/Solutions/Services Offered
11.2 Other Players
11.2.1 Prayon
11.2.2 Aditya Birla Management Corporation Pvt. Ltd.
11.2.3 J.R. Simplot Company
11.2.4 Jordan Phosphate Mines Company, plc. (Jpmc)
11.2.5 Agropolychim
11.2.6 Paradeep Phosphates Ltd.
11.2.7 Gujarat State Fertilizers & Chemicals Limited (Gsfc)
11.2.8 Wengfu & Zijin Chemical Industry Co. Ltd.
11.2.9 Hubei Xingfa Chemicals Group Co. Ltd.
11.2.10 Foskor
11.2.11 Chongqing Chuandong Chemical (Group) Co. Ltd.
11.2.12 Vinipul Chemicals Pvt. Ltd.
11.2.13 Central & Western India Chemicals
11.2.14 Fosfa
11.2.15 Jiangsu Chengxing Phosph- Chemicals Co. Ltd.
12 Adjacent & Related Markets
12.1 Introduction
12.2 Limitations
12.3 Phosphate Market
12.3.1 Market Definition
12.3.2 Market Overview
12.4 Phosphate Market, by Region
12.4.1 Asia-Pacific
12.4.2 Europe
12.4.3 North America
12.4.4 Middle East & Africa
12.4.5 South America
13 Appendix
13.1 Discussion Guide
13.2 Knowledgestore: The Subscription Portal
13.3 Customization Options
13.4 Related Reports
13.5 Author Details
List of Tables
Table 1 Phosphoric Acid Market: Risk Assessment
Table 2 Defense Uses of Rare Earth Elements
Table 3 Phosphoric Acid Market: Porter’S Five Forces Analysis
Table 4 Impact of Stakeholders on Buying Process for Top Three Applications (%)
Table 5 Key Buying Criteria for Top Three Applications
Table 6 Gdp Trends and Forecast of Major Economies, 2021-2030 (USD Billion)
Table 7 Average Selling Price for Top Three Applications, by Key Player, 2024 (USD/Kg)
Table 8 Average Selling Price Trend of Phosphoric Acid, by Region, 2022-2030 (USD/Kg)
Table 9 Role of Companies in Phosphoric Acid Ecosystem
Table 10 Import Data Related to HS Code 280920-Compliant Products, by Region, 2019-2024 (USD Million)
Table 11 Export Data Related to HS Code 280920-Compliant Products, by Region, 2019-2024 (USD Million)
Table 12 Global: Regulatory Bodies, Government Agencies, and Other Organizations
Table 13 North America: Regulatory Bodies, Government Agencies, and Other Organizations
Table 14 Europe: Regulatory Bodies, Government Agencies, and Other Organizations
Table 15 Asia-Pacific: Regulatory Bodies, Government Agencies, and Other Organizations
Table 16 South America: Regulatory Bodies, Government Agencies, and Other Organizations
Table 17 Middle East & Africa: Regulatory Bodies, Government Agencies, and Other Organizations
Table 18 Phosphoric Acid Market: List of Key Conferences and Events, 2025-2026
Table 19 Phosphoric Acid Market: Funding and Investment Scenario, 2023-2024
Table 20 Patent Status: Patent Applications, Limited Patents, and Granted Patents, 2014-2024
Table 21 List of Major Patents Related to Phosphoric Acid, 2014-2024
Table 22 Patents by Ocp Group
Table 23 US-Adjusted Reciprocal Tariff Rates
Table 24 Phosphoric Acid Market, by Application, 2020-2024 (USD Million)
Table 25 Phosphoric Acid Market, by Application, 2025-2030 (USD Million)
Table 26 Phosphoric Acid Market, by Application, 2020-2024 (Kiloton)
Table 27 Phosphoric Acid Market, by Application, 2025-2030 (Kiloton)
Table 28 Fertilizers: Phosphoric Acid Market, by Region, 2020-2024 (USD Million)
Table 29 Fertilizers: Phosphoric Acid Market, by Region, 2025-2030 (USD Million)
Table 30 Fertilizers: Phosphoric Acid Market, by Region, 2020-2024 (Kiloton)
Table 31 Fertilizers: Phosphoric Acid Market, by Region, 2025-2030 (Kiloton)
Table 32 Feed & Food Additives: Phosphoric Acid Market, by Region, 2020-2024 (USD Million)
Table 33 Feed & Food Additives: Phosphoric Acid Market, by Region, 2025-2030 (USD Million)
Table 34 Feed & Food Additives: Phosphoric Acid Market, by Region, 2020-2024 (Kiloton)
Table 35 Feed & Food Additives: Phosphoric Acid Market, by Region, 2025-2030 (Kiloton)
Table 36 Detergents: Phosphoric Acid Market, by Region, 2020-2024 (USD Million)
Table 37 Detergents: Phosphoric Acid Market, by Region, 2025-2030 (USD Million)
Table 38 Detergents: Phosphoric Acid Market, by Region, 2020-2024 (Kiloton)
Table 39 Detergents: Phosphoric Acid Market, by Region, 2025-2030 (Kiloton)
Table 40 Water Treatment Chemicals: Phosphoric Acid Market, by Region, 2020-2024 (USD Million)
Table 41 Water Treatment Chemicals: Phosphoric Acid Market, by Region, 2025-2030 (USD Million)
Table 42 Water Treatment Chemicals: Phosphoric Acid Market, by Region, 2020-2024 (Kiloton)
Table 43 Water Treatment Chemicals: Phosphoric Acid Market, by Region, 2025-2030 (Kiloton)
Table 44 Metal Finishing: Phosphoric Acid Market, by Region, 2020-2024 (USD Million)
Table 45 Metal Finishing: Phosphoric Acid Market, by Region, 2025-2030 (USD Million)
Table 46 Metal Finishing: Phosphoric Acid Market, by Region, 2020-2024 (Kiloton)
Table 47 Metal Finishing: Phosphoric Acid Market, by Region, 2025-2030 (Kiloton)
Table 48 Industrial Use: Phosphoric Acid Market, by Region, 2020-2024 (USD Million)
Table 49 Industrial Use: Phosphoric Acid Market, by Region, 2025-2030 (USD Million)
Table 50 Industrial Use: Phosphoric Acid Market, by Region, 2020-2024 (Kiloton)
Table 51 Industrial Use: Phosphoric Acid Market, by Region, 2025-2030 (Kiloton)
Table 52 Other Applications: Phosphoric Acid Market, by Region, 2020-2024 (USD Million)
Table 53 Other Applications: Phosphoric Acid Market, by Region, 2025-2030 (USD Million)
Table 54 Other Applications: Phosphoric Acid Market, by Region, 2020-2024 (Kiloton)
Table 55 Other Applications: Phosphoric Acid Market, by Region, 2025-2030 (Kiloton)
Table 56 Phosphoric Acid Market, by Process Type, 2020-2024 (USD Million)
Table 57 Phosphoric Acid Market, by Process Type, 2025-2030 (USD Million)
Table 58 Phosphoric Acid Market, by Process Type, 2020-2024 (Kiloton)
Table 59 Phosphoric Acid Market, by Process Type, 2025-2030 (Kiloton)
Table 60 Wet Process: Phosphoric Acid Market, by Region, 2020-2024 (USD Million)
Table 61 Wet Process: Phosphoric Acid Market, by Region, 2025-2030 (USD Million)
Table 62 Wet Process: Phosphoric Acid Market, by Region, 2020-2024 (Kiloton)
Table 63 Wet Process: Phosphoric Acid Market, by Region, 2025-2030 (Kiloton)
Table 64 Thermal Process: Phosphoric Acid Market, by Region, 2020-2024 (USD Million)
Table 65 Thermal Process: Phosphoric Acid Market, by Region, 2025-2030 (USD Million)
Table 66 Thermal Process: Phosphoric Acid Market, by Region, 2020-2024 (Kiloton)
Table 67 Thermal Process: Phosphoric Acid Market, by Region, 2025-2030 (Kiloton)
Table 68 Phosphoric Acid Market, by Region, 2020-2024 (USD Million)
Table 69 Phosphoric Acid Market, by Region, 2025-2030 (USD Million)
Table 70 Phosphoric Acid Market, by Region, 2020-2024 (Kiloton)
Table 71 Phosphoric Acid Market, by Region, 2025-2030 (Kiloton)
Table 72 Asia-Pacific: Phosphoric Acid Market, by Process Type, 2020-2024 (USD Million)
Table 73 Asia-Pacific: Phosphoric Acid Market, by Process Type, 2025-2030 (USD Million)
Table 74 Asia-Pacific: Phosphoric Acid Market, by Process Type, 2020-2024 (Kiloton)
Table 75 Asia-Pacific: Phosphoric Acid Market, by Process Type, 2025-2030 (Kiloton)
Table 76 Asia-Pacific: Phosphoric Acid Market, by Application, 2020-2024 (USD Million)
Table 77 Asia-Pacific: Phosphoric Acid Market, by Application, 2025-2030 (USD Million)
Table 78 Asia-Pacific: Phosphoric Acid Market, by Application, 2020-2024 (Kiloton)
Table 79 Asia-Pacific: Phosphoric Acid Market, by Application, 2025-2030 (Kiloton)
Table 80 Asia-Pacific: Phosphoric Acid Market, by Country, 2020-2024 (USD Million)
Table 81 Asia-Pacific: Phosphoric Acid Market, by Country, 2025-2030 (USD Million)
Table 82 Asia-Pacific: Phosphoric Acid Market, by Country, 2020-2024 (Kiloton)
Table 83 Asia-Pacific: Phosphoric Acid Market, by Country, 2025-2030 (Kiloton)
Table 84 China: Phosphoric Acid Market, by Application, 2020-2024 (USD Million)
Table 85 China: Phosphoric Acid Market, by Application, 2025-2030 (USD Million)
Table 86 China: Phosphoric Acid Market, by Application, 2020-2024 (Kiloton)
Table 87 China: Phosphoric Acid Market, by Application, 2025-2030 (Kiloton)
Table 88 India: Phosphoric Acid Market, by Application, 2020-2024 (USD Million)
Table 89 India: Phosphoric Acid Market, by Application, 2025-2030 (USD Million)
Table 90 India: Phosphoric Acid Market, by Application, 2020-2024 (Kiloton)
Table 91 India: Phosphoric Acid Market, by Application, 2025-2030 (Kiloton)
Table 92 Indonesia: Phosphoric Acid Market, by Application, 2020-2024 (USD Million)
Table 93 Indonesia: Phosphoric Acid Market, by Application, 2025-2030 (USD Million)
Table 94 Indonesia: Phosphoric Acid Market, by Application, 2020-2024 (Kiloton)
Table 95 Indonesia: Phosphoric Acid Market, by Application, 2025-2030 (Kiloton)
Table 96 Pakistan: Phosphoric Acid Market, by Application, 2020-2024 (USD Million)
Table 97 Pakistan: Phosphoric Acid Market, by Application, 2025-2030 (USD Million)
Table 98 Pakistan: Phosphoric Acid Market, by Application, 2020-2024 (Kiloton)
Table 99 Pakistan: Phosphoric Acid Market, by Application, 2025-2030 (Kiloton)
Table 100 Australia: Phosphoric Acid Market, by Application, 2020-2024 (USD Million)
Table 101 Australia: Phosphoric Acid Market, by Application, 2025-2030 (USD Million)
Table 102 Australia: Phosphoric Acid Market, by Application, 2020-2024 (Kiloton)
Table 103 Australia: Phosphoric Acid Market, by Application, 2025-2030 (Kiloton)
Table 104 North America: Phosphoric Acid Market, by Process Type, 2020-2024 (USD Million)
Table 105 North America: Phosphoric Acid Market, by Process Type, 2025-2030 (USD Million)
Table 106 North America: Phosphoric Acid Market, by Process Type, 2020-2024 (Kiloton)
Table 107 North America: Phosphoric Acid Market, by Process Type, 2025-2030 (Kiloton)
Table 108 North America: Phosphoric Acid Market, by Application, 2020-2024 (USD Million)
Table 109 North America: Phosphoric Acid Market, by Application, 2025-2030 (USD Million)
Table 110 North America: Phosphoric Acid Market, by Application, 2020-2024 (Kiloton)
Table 111 North America: Phosphoric Acid Market, by Application, 2025-2030 (Kiloton)
Table 112 North America: Phosphoric Acid Market, by Country, 2020-2024 (USD Million)
Table 113 North America: Phosphoric Acid Market, by Country, 2025-2030 (USD Million)
Table 114 North America: Phosphoric Acid Market, by Country, 2020-2024 (Kiloton)
Table 115 North America: Phosphoric Acid Market, by Country, 2025-2030 (Kiloton)
Table 116 US: Phosphoric Acid Market, by Application, 2020-2024 (USD Million)
Table 117 US: Phosphoric Acid Market, by Application, 2025-2030 (USD Million)
Table 118 US: Phosphoric Acid Market, by Application, 2020-2024 (Kiloton)
Table 119 US: Phosphoric Acid Market, by Application, 2025-2030 (Kiloton)
Table 120 Mexico: Phosphoric Acid Market, by Application, 2020-2024 (USD Million)
Table 121 Mexico: Phosphoric Acid Market, by Application, 2025-2030 (USD Million)
Table 122 Mexico: Phosphoric Acid Market, by Application, 2020-2024 (Kiloton)
Table 123 Mexico: Phosphoric Acid Market, by Application, 2025-2030 (Kiloton)
Table 124 Canada: Phosphoric Acid Market, by Application, 2020-2024 (USD Million)
Table 125 Canada: Phosphoric Acid Market, by Application, 2025-2030 (USD Million)
Table 126 Canada: Phosphoric Acid Market, by Application, 2020-2024 (Kiloton)
Table 127 Canada: Phosphoric Acid Market, by Application, 2025-2030 (Kiloton)
Table 128 Europe: Phosphoric Acid Market, by Process Type, 2020-2024 (USD Million)
Table 129 Europe: Phosphoric Acid Market, by Process Type, 2025-2030 (USD Million)
Table 130 Europe: Phosphoric Acid Market, by Process Type, 2020-2024 (Kiloton)
Table 131 Europe: Phosphoric Acid Market, by Process Type, 2025-2030 (Kiloton)
Table 132 Europe: Phosphoric Acid Market, by Application, 2020-2024 (USD Million)
Table 133 Europe: Phosphoric Acid Market, by Application, 2025-2030 (USD Million)
Table 134 Europe: Phosphoric Acid Market, by Application, 2020-2024 (Kiloton)
Table 135 Europe: Phosphoric Acid Market, by Application, 2025-2030 (Kiloton)
Table 136 Europe: Phosphoric Acid Market, by Country, 2020-2024 (USD Million)
Table 137 Europe: Phosphoric Acid Market, by Country, 2025-2030 (USD Million)
Table 138 Europe: Phosphoric Acid Market, by Country, 2020-2024 (Kiloton)
Table 139 Europe: Phosphoric Acid Market, by Country, 2025-2030 (Kiloton)
Table 140 Russia: Phosphoric Acid Market, by Application, 2020-2024 (USD Million)
Table 141 Russia: Phosphoric Acid Market, by Application, 2025-2030 (USD Million)
Table 142 Russia: Phosphoric Acid Market, by Application, 2020-2024 (Kiloton)
Table 143 Russia: Phosphoric Acid Market, by Application, 2025-2030 (Kiloton)
Table 144 Turkey: Phosphoric Acid Market, by Application, 2020-2024 (USD Million)
Table 145 Turkey: Phosphoric Acid Market, by Application, 2025-2030 (USD Million)
Table 146 Turkey: Phosphoric Acid Market, by Application, 2020-2024 (Kiloton)
Table 147 Turkey: Phosphoric Acid Market, by Application, 2025-2030 (Kiloton)
Table 148 Poland: Phosphoric Acid Market, by Application, 2020-2024 (USD Million)
Table 149 Poland: Phosphoric Acid Market, by Application, 2025-2030 (USD Million)
Table 150 Poland: Phosphoric Acid Market, by Application, 2020-2024 (Kiloton)
Table 151 Poland: Phosphoric Acid Market, by Application, 2025-2030 (Kiloton)
Table 152 France: Phosphoric Acid Market, by Application, 2020-2024 (USD Million)
Table 153 France: Phosphoric Acid Market, by Application, 2025-2030 (USD Million)
Table 154 France: Phosphoric Acid Market, by Application, 2020-2024 (Kiloton)
Table 155 France: Phosphoric Acid Market, by Application, 2025-2030 (Kiloton)
Table 156 Spain: Phosphoric Acid Market, by Application, 2020-2024 (USD Million)
Table 157 Spain: Phosphoric Acid Market, by Application, 2025-2030 (USD Million)
Table 158 Spain: Phosphoric Acid Market, by Application, 2020-2024 (Kiloton)
Table 159 Spain: Phosphoric Acid Market, by Application, 2025-2030 (Kiloton)
Table 160 South America: Phosphoric Acid Market, by Process Type, 2020-2024 (USD Million)
Table 161 South America: Phosphoric Acid Market, by Process Type, 2025-2030 (USD Million)
Table 162 South America: Phosphoric Acid Market, by Process Type, 2020-2024 (Kiloton)
Table 163 South America: Phosphoric Acid Market, by Process Type, 2025-2030 (Kiloton)
Table 164 South America: Phosphoric Acid Market, by Application, 2020-2024 (USD Million)
Table 165 South America: Phosphoric Acid Market, by Application, 2025-2030 (USD Million)
Table 166 South America: Phosphoric Acid Market, by Application, 2020-2024 (Kiloton)
Table 167 South America: Phosphoric Acid Market, by Application, 2025-2030 (Kiloton)
Table 168 South America: Phosphoric Acid Market, by Country, 2020-2024 (USD Million)
Table 169 South America: Phosphoric Acid Market, by Country, 2025-2030 (USD Million)
Table 170 South America: Phosphoric Acid Market, by Country, 2020-2024 (Kiloton)
Table 171 South America: Phosphoric Acid Market, by Country, 2025-2030 (Kiloton)
Table 172 Brazil: Phosphoric Acid Market, by Application, 2020-2024 (USD Million)
Table 173 Brazil: Phosphoric Acid Market, by Application, 2025-2030 (USD Million)
Table 174 Brazil: Phosphoric Acid Market, by Application, 2020-2024 (Kiloton)
Table 175 Brazil: Phosphoric Acid Market, by Application, 2025-2030 (Kiloton)
Table 176 Argentina: Phosphoric Acid Market, by Application, 2020-2024 (USD Million)
Table 177 Argentina: Phosphoric Acid Market, by Application, 2025-2030 (USD Million)
Table 178 Argentina: Phosphoric Acid Market, by Application, 2020-2024 (Kiloton)
Table 179 Argentina: Phosphoric Acid Market, by Application, 2025-2030 (Kiloton)
Table 180 Middle East & Africa: Phosphoric Acid Market, by Process Type, 2020-2024 (USD Million)
Table 181 Middle East & Africa: Phosphoric Acid Market, by Process Type, 2025-2030 (USD Million)
Table 182 Middle East & Africa: Phosphoric Acid Market, by Process Type, 2020-2024 (Kiloton)
Table 183 Middle East & Africa: Phosphoric Acid Market, by Process Type, 2025-2030 (Kiloton)
Table 184 Middle East & Africa: Phosphoric Acid Market, by Application, 2020-2024 (USD Million)
Table 185 Middle East & Africa: Phosphoric Acid Market, by Application, 2025-2030 (USD Million)
Table 186 Middle East & Africa: Phosphoric Acid Market, by Application, 2020-2024 (Kiloton)
Table 187 Middle East & Africa: Phosphoric Acid Market, by Application, 2025-2030 (Kiloton)
Table 188 Middle East & Africa: Phosphoric Acid Market, by Country, 2020-2024 (USD Million)
Table 189 Middle East & Africa: Phosphoric Acid Market, by Country, 2025-2030 (USD Million)
Table 190 Middle East & Africa: Phosphoric Acid Market, by Country, 2020-2024 (Kiloton)
Table 191 Middle East & Africa: Phosphoric Acid Market, by Country, 2025-2030 (Kiloton)
Table 192 Saudi Arabia: Phosphoric Acid Market, by Application, 2020-2024 (USD Million)
Table 193 Saudi Arabia: Phosphoric Acid Market, by Application, 2025-2030 (USD Million)
Table 194 Saudi Arabia: Phosphoric Acid Market, by Application, 2020-2024 (Kiloton)
Table 195 Saudi Arabia: Phosphoric Acid Market, by Application, 2025-2030 (Kiloton)
Table 196 Morocco: Phosphoric Acid Market, by Application, 2020-2024 (USD Million)
Table 197 Morocco: Phosphoric Acid Market, by Application, 2025-2030 (USD Million)
Table 198 Morocco: Phosphoric Acid Market, by Application, 2020-2024 (Kiloton)
Table 199 Morocco: Phosphoric Acid Market, by Application, 2025-2030 (Kiloton)
Table 200 Egypt: Phosphoric Acid Market, by Application, 2020-2024 (USD Million)
Table 201 Egypt: Phosphoric Acid Market, by Application, 2025-2030 (USD Million)
Table 202 Egypt: Phosphoric Acid Market, by Application, 2020-2024 (Kiloton)
Table 203 Egypt: Phosphoric Acid Market, by Application, 2025-2030 (Kiloton)
Table 204 Strategies Adopted by Key Phosphoric Acid Manufacturers, January 2020-August 2025
Table 205 Phosphoric Acid Market: Degree of Competition
Table 206 Phosphoric Acid Market: Region Footprint
Table 207 Phosphoric Acid Market: Process Type Footprint
Table 208 Phosphoric Acid Market: Application Footprint
Table 209 Phosphoric Acid Market: Key Startups/Smes
Table 210 Phosphoric Acid Market: Competitive Benchmarking of Key Startups/Smes
Table 211 Phosphoric Acid Market: Deals, January 2020-August 2025
Table 212 Phosphoric Acid Market: Expansions, January 2020-August 2025
Table 213 Phosphoric Acid Market: Other Developments, January 2020-August 2025
Table 214 Ocp Group: Company Overview
Table 215 Ocp Group: Products/Solutions/Services Offered
Table 216 Ocp Group: Expansions, January 2020-August 2025
Table 217 The Mosaic Company: Company Overview
Table 218 The Mosaic Company: Products/Solutions/Services Offered
Table 219 The Mosaic Company: Other Developments, January 2020-August 2025
Table 220 Pjsc Phosagro: Company Overview
Table 221 Pjsc Phosagro: Products/Solutions/Services Offered
Table 222 Pjsc Phosagro: Expansions, January 2020-August 2025
Table 223 Icl Group Ltd: Company Overview
Table 224 Icl Group Ltd: Products/Solutions/Services Offered
Table 225 Icl Group Ltd: Deals, January 2020-August 2025
Table 226 Nutrien Ltd.: Company Overview
Table 227 Nutrien Ltd.: Products/Solutions/Services Offered
Table 228 Eurochem Group Ag: Company Overview
Table 229 Eurochem Group Ag: Products/Solutions/Services Offered
Table 230 Eurochem Group Ag: Deals, January 2020-August 2025
Table 231 Eurochem Group Ag: Expansions, January 2020-August 2025
Table 232 Innophos: Company Overview
Table 233 Innophos: Products/Solutions/Services Offered
Table 234 Solvay Sa: Company Overview
Table 235 Solvay Sa: Products/Solutions/Services Offered
Table 236 Ma’Aden: Company Overview
Table 237 Ma’Aden : Products/Solutions/Services Offered
Table 238 Iffco: Company Overview
Table 239 Iffco: Products/Solutions/Services Offered
Table 240 Prayon: Company Overview
Table 241 Aditya Birla Management Corporation Pvt. Ltd.: Company Overview
Table 242 J.R. Simplot Company: Company Overview
Table 243 Jordan Phosphate Mines Company, plc. (Jpmc): Company Overview
Table 244 Agropolychim: Company Overview
Table 245 Paradeep Phosphates Ltd.: Company Overview
Table 246 Gujarat State Fertilizers & Chemicals Limited (Gsfc): Company Overview
Table 247 Wengfu & Zijin Chemical Industry Co. Ltd.: Company Overview
Table 248 Hubei Xingfa Chemicals Group Co. Ltd.: Company Overview
Table 249 Foskor: Company Overview
Table 250 Chongqing Chuandong Chemical (Group) Co. Ltd.: Company Overview
Table 251 Vinipul Chemicals Pvt. Ltd.: Company Overview
Table 252 Central & Western India Chemicals: Company Overview
Table 253 Fosfa: Company Overview
Table 254 Jiangsu Chengxing Phosph- Chemicals Co. Ltd.: Company Overview
Table 255 Phosphate Market, by Region, 2018-2023 (USD Million)
Table 256 Phosphate Market, by Region, 2024-2029 (USD Million)
Table 257 Phosphate Market, by Region, 2018-2023 (Kiloton)
Table 258 Phosphate Market, by Region, 2024-2029 (Kiloton)
Table 259 Asia-Pacific: Phosphate Market, by Country, 2018-2023 (USD Million)
Table 260 Asia-Pacific: Phosphate Market, by Country, 2024-2029 (USD Million)
Table 261 Asia-Pacific: Phosphate Market, by Country, 2018-2023 (Kiloton)
Table 262 Asia-Pacific: Phosphate Market, by Country, 2024-2029 (Kiloton)
Table 263 Europe: Phosphate Market, by Country, 2018-2023 (USD Million)
Table 264 Europe: Phosphate Market, by Country, 2024-2029 (USD Million)
Table 265 Europe: Phosphate Market, by Country, 2018-2023 (Kiloton)
Table 266 Europe: Phosphate Market, by Country, 2024-2029 (Kiloton)
Table 267 North America: Phosphate Market, by Country, 2018-2023 (USD Million)
Table 268 North America: Phosphate Market, by Country, 2024-2029 (USD Million)
Table 269 North America: Phosphate Market, by Country, 2018-2023 (Kiloton)
Table 270 North America: Phosphate Market, by Country, 2024-2029 (Kiloton)
Table 271 Middle East & Africa: Phosphate Market, by Country, 2018-2023 (USD Million)
Table 272 Middle East & Africa: Phosphate Market, by Country, 2024-2029 (USD Million)
Table 273 Middle East & Africa: Phosphate Market, by Country, 2018-2023 (Kiloton)
Table 274 Middle East & Africa: Phosphate Market, by Country, 2024-2029 (Kiloton)
Table 275 South America: Phosphate Market, by Country, 2018-2023 (USD Million)
Table 276 South America: Phosphate Market, by Country, 2024-2029 (USD Million)
Table 277 South America: Phosphate Market, by Country, 2018-2023 (Kiloton)
Table 278 South America: Phosphate Market, by Country, 2024-2029 (Kiloton)
List of Figures
Figure 1 Phosphoric Acid Market Segmentation and Regional Scope
Figure 2 Phosphoric Acid Market: Research Design
Figure 3 Market Size Estimation Methodology: Approach 1 (Supply Side): Collective Market Share of Key Players
Figure 4 Market Size Estimation Methodology: Approach 2 - Bottom-Up (Supply Side): Collective Revenue of All Products
Figure 5 Market Size Estimation Methodology: Approach 3 - Bottom-Up (Demand Side)
Figure 6 Market Size Estimation Methodology: Approach 3 - Top-Down
Figure 7 Phosphoric Acid Market: Data Triangulation
Figure 8 Market CAGR Projections from Supply Side
Figure 9 Market Growth Projections from Demand-Side Drivers and Opportunities
Figure 10 Wet Process Segment Accounted for Larger Market Share in 2024
Figure 11 Fertilizers Application to Lead Phosphoric Acid Market During Forecast Period
Figure 12 Asia-Pacific Accounted for Largest Share of Phosphoric Acid Market in 2024
Figure 13 Rising Demand for Fertilizers to Offer Opportunities for Market Players
Figure 14 Asia-Pacific to Record Highest Growth During Forecast Period
Figure 15 Wet Process Accounted for Larger Share of Asia-Pacific Market in 2024
Figure 16 Fertilizers Segment Dominated Market Across Regions in 2024
Figure 17 Indonesia to Be Fastest-Growing Phosphoric Acid Market During Forecast Period
Figure 18 Drivers, Restraints, Opportunities, and Challenges in Phosphoric Acid Market
Figure 19 Phosphoric Acid Market: Porter’S Five Forces Analysis
Figure 20 Influence of Stakeholders on Buying Process for Top Three Applications
Figure 21 Key Buying Criteria for Top Three Applications
Figure 22 Phosphoric Acid Market: Supply Chain Analysis
Figure 23 Average Selling Price of Phosphoric Acid Offered by Key Players for Top Three Applications, 2024
Figure 24 Average Selling Price Trend of Phosphoric Acid, by Region, 2022-2030
Figure 25 Trends/Disruptions Impacting Customer Business
Figure 26 Phosphoric Acid Market: Ecosystem Analysis
Figure 27 Import Data Related to HS Code 280920-Compliant Products, by Key Country, 2019-2024 (USD Million)
Figure 28 Export Data Related to HS Code 280920-Compliant Products, by Key Country, 2019-2024 (USD Million)
Figure 29 Patents Registered for Phosphoric Acid, 2014-2024
Figure 30 Major Patents Related to Phosphoric Acid, 2014-2024
Figure 31 Legal Status of Patents Filed Related to Phosphoric Acid, 2014-2024
Figure 32 Maximum Patents Filed in Jurisdiction of US, 2014-2024
Figure 33 Impact of AI/Gen AI on Phosphoric Acid Market
Figure 34 Fertilizers to Be Dominant Application of Phosphoric Acid Market During Forecast Period
Figure 35 Wet Process to Be Dominant Segment in Phosphoric Acid Market During Forecast Period
Figure 36 Asia-Pacific to Lead Phosphoric Acid Market During Forecast Period
Figure 37 Asia-Pacific: Phosphoric Acid Market Snapshot
Figure 38 North America: Phosphoric Acid Market Snapshot
Figure 39 Europe: Phosphoric Acid Market Snapshot
Figure 40 Market Share Analysis of Top Five Players, 2024
Figure 41 Revenue Analysis of Key Companies in Phosphoric Acid Market, 2021-2024
Figure 42 Company Evaluation Matrix: Key Players, 2024
Figure 43 Phosphoric Acid Market: Company Footprint
Figure 44 Company Evaluation Matrix: Startups/Smes, 2024
Figure 45 Brand/Product Comparison
Figure 46 Phosphoric Acid Market: Ev/Ebitda of Key Manufacturers
Figure 47 Phosphoric Acid Market: Enterprise Valuation (Ev) of Key Players
Figure 48 Ocp Group: Company Snapshot
Figure 49 The Mosaic Company: Company Snapshot
Figure 50 Pjsc Phosagro: Company Snapshot
Figure 51 Icl Group Ltd: Company Snapshot
Figure 52 Nutrien Ltd.: Company Snapshot
Figure 53 Eurochem Group Ag: Company Snapshot
Figure 54 Solvay Sa: Company Snapshot
Figure 55 Ma’Aden: Company Snapshot

Companies Mentioned

  • Ocp Group
  • The Mosaic Company
  • Pjsc Phosagro
  • Icl Group Ltd
  • Nutrien Ltd.
  • Eurochem Group Ag
  • Innophos
  • Solvay Sa
  • Ma’Aden
  • Iffco
  • Prayon
  • Aditya Birla Management Corporation Pvt. Ltd.
  • J.R. Simplot Company
  • Jordan Phosphate Mines Company, plc. (Jpmc)
  • Agropolychim
  • Paradeep Phosphates Ltd.
  • Gujarat State Fertilizers & Chemicals Limited (Gsfc)
  • Wengfu & Zijin Chemical Industry Co. Ltd.
  • Hubei Xingfa Chemicals Group Co. Ltd.
  • Foskor
  • Chongqing Chuandong Chemical (Group) Co. Ltd.
  • Vinipul Chemicals Pvt. Ltd.
  • Central & Western India Chemicals
  • Fosfa
  • Jiangsu Chengxing Phosph- Chemicals Co. Ltd.

Table Information

Report AttributeDetails
No. of Pages234
PublishedSeptember 2025
Forecast Period2025 - 2030
Estimated Market Value in 2025 112.03 billion
Forecasted Market Value by 2030 142.14 billion
Compound Annual Growth Rate4.0%
Regions CoveredGlobal
No. of Companies Mentioned25

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