Report on Phosphoric Acid Market - Global Industry Analysis and Forecast, 2013 – 2019

Transparency Market Research Reports incorporated a definite business overview and investigation inclines on “Phosphoric Acid Market”. This report likewise incorporates more illumination about fundamental review of the business including definitions, requisitions and worldwide business sector industry structure. Phosphoric acid is an inorganic acid and is the largest produced and consumed acid in terms of value and second-largest in terms of volume after sulfuric acid. Phosphoric acid is used in the production of phosphate chemicals that typically find use in water treatment, detergent builders and fire control chemicals among others. Moreover, phosphoric acid is used in applications such as metal surface treatments, beverage acidulation and animal feed production. Fertilizer is the largest application segment of phosphoric acid followed by detergents, water treatment and metal treatment among several other application segments. The growing demand for all these applications from end-user industries such as agriculture, manufacturing and FMCG is expected to drive the global phosphoric acid market in the coming years.

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Phosphoric acid and its phosphate derivatives exhibit various useful properties such as softening and complexing agent, buffer agent, dispersing agent, alkalizing capacity, synergy with surfactants, acidity regulator, corrosion inhibitor, lead precipitation agent, water fluoridation, scale inhibition, nutrient source, pH control and precipitation and sequestration of metal ions among others. Owing to such highly useful characteristics, phosphoric acid and its phosphate derivatives find use in several applications in the areas such as metal treatment, detergents and fertilizers. In the metal treatment industry, phosphoric acid is used for metal cleaning, metal phosphating, in the production of electrical sheets and in the electropolishing of...