Phosphate

Phosphate

Mono-Ammonium Phosphate (MAP) Industry to Witness Impressive Growth by 2030

The global mono-ammonium phosphate (MAP) market is expected to experience significant growth by 2030, according to a research publication by Global Market Vision. Top companies in the industry, such as Clariant and ICL, are expected to contribute to this growth.

The use of MAP in the agriculture industry is a major driver of this growth, as it is a widely used fertilizer due to its high nutrient content. Additionally, the increasing demand for food products is also contributing to the growth of the MAP industry.

Overall, the future looks bright for the mono-ammonium phosphate industry, as it continues to play a crucial role in the global food production and agriculture industries.