Magnesium Ammonium Phosphate (MAP) is a mineral compound with the chemical formula MgNH4PO4·6H2O. It is a white or colorless solid that is commonly used in various industries due to its unique properties and applications.

The global Magnesium Ammonium Phosphate market size is projected to grow from US$ 48.9 million in 2024 to US$ 65.5 million in 2030; it is expected to grow at a CAGR of 5.0% from 2024 to 2030.

ReportPrime's newest research report, the “Magnesium Ammonium Phosphate Industry Forecast” looks at past sales and reviews total world Magnesium Ammonium Phosphate sales in 2023, providing a comprehensive analysis by region and market sector of projected Magnesium Ammonium Phosphate sales for 2024 through 2030.

This Insight Report provides a comprehensive analysis of the global Magnesium Ammonium Phosphate landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity.

This report also analyzes the strategies of leading global companies with a focus on Magnesium Ammonium Phosphate portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Magnesium Ammonium Phosphate market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Magnesium Ammonium Phosphate and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity.

United States market for Magnesium Ammonium Phosphate is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Magnesium Ammonium Phosphate is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Magnesium Ammonium Phosphate is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Magnesium Ammonium Phosphate players cover Hubei Shishunbio, Hubei Qifei Pharmaceutical, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Magnesium Ammonium Phosphate market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

• ≥98%
• <98%

Segmentation by Application:

• Fertilizer
• Feed
• Pharmaceutical
• Others

This report also splits the market by region:

• Americas
  • United States
  • Canada
  • Mexico
  • Brazil
• APAC
  • China
  • Japan
  • Korea
  • Southeast Asia
  • India
  • Australia
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Russia
• Middle East & Africa
  • Egypt
  • South Africa
  • Israel
  • Turkey
  • GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.

• Hubei Shishunbio
• Hubei Qifei Pharmaceutical

Key Questions Addressed in this Report:

1. What is the 10-year outlook for the global Magnesium Ammonium Phosphate market?
2. What factors are driving Magnesium Ammonium Phosphate market growth, globally and by region?
3. Which technologies are poised for the fastest growth by market and region?
4. How do Magnesium Ammonium Phosphate market opportunities vary by end market size?
5. How does Magnesium Ammonium Phosphate break out by Type, by Application?