Global Phosphate Market to Reach USD 23,503.8 Million by 2034, Driven by Agricultural Needs | Future Market Insights, Inc. [Yahoo! Finance]
Nutrien Ltd. Common Shares (NTR)
Last nutrien ltd. common shares earnings: 2/18 05:24 pm
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Source: Yahoo! Finance
The country has become a leader in the phosphorus market due to its rich deposits of phosphate rock and a well-established fertilizer industry. Additionally, Poland's strategic location in Europe enhances its ability to supply fertilizers to neighboring agricultural markets, further driving its market growth. NEWARK, Del, Nov. 26, 2024 (GLOBE NEWSWIRE) -- The global phosphate market , valued at USD 17,576.2 million in 2024, is poised for steady growth, projected to reach USD 23,503.8 million by 2034, with a compound annual growth rate (CAGR) of 2.9% during the forecast period. This growth is driven by increasing demand in agriculture for high-efficiency fertilizers to support global food security, as well as expanding applications in industrial sectors such as water treatment and detergents. Sustainability trends and technological advancements further enhance the market's potential, particularly in emerging regions like Asia-Pacific and Africa, where agricultural modernization is ac
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NTR
Earnings
- 11/6/24 - Miss
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Sec Filings
- 11/8/24 - Form SC
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