Triple superphosphate is one of the first high-analysis phosphorus fertilizers that became widely used in the 20th century. In scientific language it is known as calcium dihydrogen phosphate. Triple phosphate has an excellent history as a (P) source, and has become more popular due to usage in horticulture blends in the food industry.
The concept of triple superphosphate production is relatively very simple. The manufacturers make non-granular TSP by reacting finely ground rock phosphate with liquid phosphoric acid in a cone shaped mixer. Granular phosphorus fertilizer is made similarly, but the resulting slurry is sprayed as a coating onto small particles to get granules of the desired size.
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Scope & Regional Forecast of the Triple Superphosphate Market
Triple superphosphate has several agronomic advantages that made it such a popular single super phosphate fertilizer source for many years. This type of bio fertilizer, over 90% of the total (P) in TSP gets dissolved easily, so it becomes rapidly available for plant uptake. As soon as the soil moisture gets dissolved the granule, the concentrated soil solution becomes acidic. The major advantage behind fertilization of the crops is due to the presence of calcium, which provides an additional nutrient to plant.
The chemical change is the important thing, which needs to be done where solid fertilizers are blended together for broadcasting on the soil surface or for submission in a concentrated band beneath the surface. The high phosphorus fertilizer should be managed to avoid losses in the surface-water runoff from fields. Hence the Phosphorus is perhaps the most important factor limiting cultivation of crops as the ferment agent in the food industry.
Triple superphosphate market study specifically looks like the volatility of phosphorous will bring the maximum impact of higher functioning, to higher production costs and consequent increase in total farm expenditures for crop producers. In the agrarian economies of China, India, Pakistan, Argentina and Bangladesh are the domination regions in consuming triple superphosphate market. Asia-Pacific is planned to have the fastest growth in agro industry.
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Segmentations & Key Players Involved in the Triple Superphosphate Market
The Triple Superphosphate Market can be broken down into various segmentations on the basis of –
Application: Top Dressing, Base Fertilizer, Seeding Fertilizer and Others
Geography: Europe, Asia-Pacific, North America and Rest of the World
Some of the key players involved in the Triple Superphosphate Market are as follows:
CF Industries Holdings Inc.
Yara International ASA
Potash Corporation of Saskatchewan
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