Global Ammonium Polyphosphate Market Size will Reach $1332.08 Million in 2023

Global Ammonium Polyphosphate Market Overview

According to Global Market Monitor, the global ammonium polyphosphate market size will reach $1332.08 million in 2023 with a CAGR of 6.31% from 2023 to 2028.

Ammonium polyphosphate is a tasteless, non-toxic, and non-halogen flame retardant. However, there are also corresponding disadvantages: the current process has large hygroscopic properties due to a low degree of polymerization. Besides, it has a great impact on the mechanical properties of engineering plastics.

The ammonium polyphosphate industry is technology-intensive. Through years of production and R&D, participants in this industry have accumulated a lot of technical data and production experience, and possess core technologies in this field. To maintain stability in a highly competitive market, suppliers should develop new ideas and technologies and keep pace with advanced technologies. Manufacturers of ammonium polyphosphate should focus on the product's manufacturing process, improve the production process according to market demand, reduce reaction time, and increase production efficiency.

Market Segment

The flame retardant industry is the largest downstream application area of ammonium polyphosphate. It is widely used as the basic material of expansive flame retardants. With the development of global flame retardants towards the halogen-free direction, the expansive flame retardants with ammonium polyphosphate as the main raw material have become the hot spot in the industry, especially theAPP IIammonium polyphosphate with high polymerization degree which is in great demand.

North America is the main market for ammonium polyphosphate with a market share of 32.39% in 2022. The growth rate of ammonium polyphosphate demand in the Asia-Pacific market is significantly greater than that of the old developed countries and has now become the world's largest ammonium polyphosphate consumer market. As Europeans' demand for organic green food increases, some European countries, including France and Denmark, vigorously promote the development of green agriculture. Generally, organic food refers to products without pesticides, fertilizers, or preservatives. This means rejecting or reducing synthetic fertilizers and artificial chemical plant protectants in organic production. The European Parliament has also approved the adoption of new draft fertilizer rules, which impose stricter regulations on the use of fertilizer products. This may affect the use of ammonium polyphosphate liquid fertilizers in Europe.

By Type	APP II
	APP I
	Others
	APP I segment accounted for the largest share of the market in 2022.
By Application	Liquid Fertilizer Industry
	Flame Retardant Industry
	Others
	The flame retardant Industry segment occupied the biggest share in 2022.
By Region	North America
	Europe
	Asia-Pacific
	Latin America
	Middle East & Africa
	In 2022, the share of the Ammonium Polyphosphate market in North America stood at 32.39%.

For more industry information, please refer to our latest released "2023 Global Ammonium Polyphosphate Market Analysis Report, Key Competitors, Market Effect Factors, Growth, And Forecast".