Phosphoric acid, also known as orthophosphoric acid, is the largest produced and consumed inorganic acid in terms of value, and the second largest in terms of volume after sulfuric acid. Phosphoric acid finds its applications in phosphatic fertilizers, animal feed, water treatment solutions. Phosphoric acid is the key raw material used in the production of phosphatic fertilizers. Growing population and limited availability of land drive the demand for fertilizers including phosphatic fertilizers. The analysts forecast the global phosphoric acid market to grow at a CAGR of 2.15% over the...more >>
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