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US Phosphoric Acid Market

ID: MRFR/CnM/16095-HCR
100 Pages
Garvit Vyas
October 2025

US Phosphoric Acid Market

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US Phosphoric Acid Market Summary

The US Phosphoric Acid Market is projected to grow from 25 USD Billion in 2024 to 35 USD Billion by 2035.

Key Market Trends & Highlights

US Phosphoric Acid Market Key Trends and Highlights

  • The market is expected to experience a compound annual growth rate of 3.11 percent from 2025 to 2035.
  • By 2035, the market valuation is anticipated to reach 35 USD Billion, indicating robust growth potential.
  • In 2024, the market is valued at 25 USD Billion, reflecting a strong foundation for future expansion.
  • Growing adoption of sustainable agricultural practices due to increasing environmental concerns is a major market driver.

Market Size & Forecast

2024 Market Size 25 (USD Billion)
2035 Market Size 35 (USD Billion)
CAGR (2025 - 2035) 3.11%

Major Players

Apple Inc (US), Microsoft Corp (US), Amazon.com Inc (US), Alphabet Inc (US), Berkshire Hathaway Inc (US), Meta Platforms Inc (US), Tesla Inc (US), Johnson & Johnson (US), Visa Inc (US), Procter & Gamble Co (US)

Key Companies in the US Phosphoric Acid Market market include

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FAQs

What is the projected market size of the US Phosphoric Acid Market in 2024?

The US Phosphoric Acid Market is expected to be valued at 8.5 USD billion in 2024.

What will be the market size of the US Phosphoric Acid Market by 2035?

The market size is projected to reach 13.5 USD billion by 2035.

What is the expected CAGR for the US Phosphoric Acid Market from 2025 to 2035?

The expected CAGR for the US Phosphoric Acid Market during this period is 4.295%.

What are the main sources for the US Phosphoric Acid Market?

The main sources are the Wet Process and Thermal Process.

What is the value of the Wet Process segment in 2024?

The Wet Process segment is valued at 5.1 USD billion in 2024.

What is the projected value of the Thermal Process segment by 2035?

The Thermal Process segment is expected to reach 5.3 USD billion by 2035.

Who are the key players in the US Phosphoric Acid Market?

Key players include Prayon, Fertiberia, Mosaic, and Yara International, among others.

What is the dominant market share of the Wet Process compared to Thermal Process?

In 2024, Wet Process holds a larger market share with 5.1 USD billion compared to Thermal Process at 3.4 USD billion.

What are the main applications driving the growth of the US Phosphoric Acid Market?

Key applications include fertilizers, food additives, and industrial chemicals.

What challenges is the US Phosphoric Acid Market currently facing?

Challenges include fluctuating raw material prices and environmental regulations.

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