About Monocalcium Phosphate
Monocalcium phosphate is an inorganic compound with the chemical formula Ca(H2PO4)2. It is commonly found as the monohydrate, Ca(H2PO4)2·H2O. Both salts are colorless solids that belong to the bioactive synthetic materials group and are used to build bones and are being applied to produce biomaterials for bone repair. It is widely used in agricultural activity for cell division & root development and increased flowering. Rising demand for calcium phosphates as fillers and binders in solid oral dosage forms such as hard gelatin capsules and compressed tablets is likely to fuel market growth over the forecast period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 5.1% |
The monocalcium phosphate market is poised for significant growth in the coming years. With increasing competition and innovation, we can expect to see more affordable, reliable, and sustainable solutions emerge, paving the way for a more resilient and decentralized future. Analyst at AMA Research estimates that Chinese Vendors will contribute the maximum growth to Global Monocalcium Phosphate market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Prayon SA (Belgium), Kemin Industries (United States), Tessenderlo Group (Belgium), Hainan Yuzhu Group Co., Ltd. (China), DuPont de Nemours, Inc. (United States), Guizhou Guangan Group Co., Ltd. (China), Chemphos America (United States), Yunnan Yuntianhua Group Co., Ltd. (China), Ube Industries, Ltd. (Japan), Hubei Shuangfeng Chemical Group Co., Ltd. (China), Guangzhou Greatoo Chemical Co., Ltd. (China), Nutrien Ltd. (Canada) and Jiangsu Hongye Fluorochemicals Co., Ltd. (China) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Mitsui Chemicals, Inc. (Japan), Chisso Corporation (Japan), Innophos Holdings, Inc. (United States), Nouryon (Netherlands), ICL (Israel) and Iskenderun Iron & Steel Works (Turkey).
Segmentation Overview
AMA Research has segmented the market of Global Monocalcium Phosphate market by Type (Solid and Liquid) and Region.
On the basis of geography, the market of Monocalcium Phosphate has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Grade, the sub-segment i.e. Reagent Grade will boost the Monocalcium Phosphate market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Food & Beverages will boost the Monocalcium Phosphate market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Demand for Bio-Fertilizers and Monocalcium Phosphate in the Agriculture Industry
Market Growth Drivers:
Increasing Demand in Industries for Various Applications and Rising Demand for Bone and Joint Health Supplements across the Globe
Challenges:
Competition from Alternative Ingredients like Sodium Acid Pyrophosphate and Disodium Phosphate
Restraints:
Stringent Environmental Norms and Regulations that Prohibit the Use of Phosphate-based Fertilizers and Cosmetics
Opportunities:
Rising Demand for Monocalcium Phosphate to Improve the Nutritional Value of Food Products Such as Processed Cheese, Bakery Products, and Seafood
Market Leaders and their expansionary development strategies
On November 15, 2023, Chemphos America launched a new line of high-purity monocalcium phosphate products for the food and beverage industry. These new products are designed to meet the growing demand for clean-label ingredients.
On October 26, 2023, Kemin Industries launched a new line of MCP-based fire retardants for plastics. These new products are designed to provide excellent flame retardancy while meeting stringent environmental regulations. This launch could expand the use of MCP in the fire retardant market.
Key Target Audience
Monocalcium Phosphates Manufacturers, Potential Investors, Regulatory & Government Bodies, Downstream Vendors, Suppliers & Distributors and Other
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.