The global mono ammonium phosphate market is projected to reach 28.75 million metric tons by 2027, growing at a CAGR of 2.1% between 2023 and 2028, according to a report by Expert Market Research. The market reached a volume of 25.52 million metric tons in 2020. The Asia Pacific region dominates the market due to its large agriculture sector. Mono ammonium phosphate is widely used in the agricultural industry as a fertilizer, contributing to the market’s growth. This report provides a comprehensive analysis of the market size, share, demand, and forecast for the mono ammonium phosphate industry.
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PRESS RELEASE
Published September 30, 2023
Mono Ammonium Phosphate Market Outlook:
According to a new report by Expert Market Research titled “Global Mono Ammonium Phosphate Market Size, Share, Analysis, Report, Demand, Forecast 2023-2028″, the global mono ammonium phosphate market reached a volume of 25.52 million metric tons in 2020 and industry is projected to reach 28.75 million metric tons by 2027. The global mono ammonium phosphate market is expected to grow at a CAGR of 2.1% between 2023 and 2028. Asia Pacific region dominates the market due to its large agriculture sector.
Mono…
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