The Global Phosphorus Market was valued at USD 52.36 Billion in 2022 and is projected to reach USD 72.84 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 4.2% during the forecast period (2023–2030). This growth is being driven by rising demand for phosphate fertilizers in agriculture, expanding applications in water treatment and detergents, and the increasing focus on sustainable phosphorus recovery and recycling to address resource scarcity.

As the agricultural and chemical industries shift toward sustainable resource management and enhanced productivity, the focus turns to the major producers who are innovating in extraction, processing, and application of phosphorus compounds. In this blog, we profile the Top 10 Companies in the Phosphorus Market—a blend of fertilizer powerhouses, specialty chemical firms, and pioneers in eco-friendly phosphorus solutions shaping the future of global supply chains.

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🔟 1. OCP Group

Headquarters: Casablanca, Morocco
Key Offering: Phosphate rock, phosphoric acid, fertilizers, and industrial phosphates

OCP Group stands as the world’s largest phosphate rock producer, controlling over 70% of global reserves and exporting to more than 160 countries. The company plays a pivotal role in supplying phosphorus for fertilizers that support food security, while also providing phosphoric acid for food processing and detergents. With integrated operations from mining to downstream products, OCP ensures a reliable flow of high-quality phosphorus compounds amid fluctuating global demands.

Sustainability Initiatives:

• Investing in water-efficient mining and zero-liquid discharge technologies

• Launching circular economy projects for phosphorus recycling from wastewater

• Committed to carbon neutrality by 2040 through renewable energy adoption

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9️⃣ 2. PhosAgro

Headquarters: Moscow, Russia
Key Offering: Diammonium phosphate (DAP), monoammonium phosphate (MAP), and apatite concentrate

PhosAgro is a leading integrated phosphorus producer in Europe and Asia, with a strong emphasis on high-grade fertilizers derived from its own mining operations in the Kola Peninsula. The company serves agricultural markets worldwide, contributing to crop yield improvements in challenging soils. Its vertically integrated model minimizes supply disruptions and supports consistent delivery of phosphorus-based products essential for modern farming.

Sustainability Initiatives:

• Implementing eco-friendly production processes to reduce emissions

• Supporting soil health programs through precision agriculture partnerships

• Aiming for 100% renewable electricity in operations by 2030

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8️⃣ 3. Yara International

Headquarters: Oslo, Norway
Key Offering: Phosphate fertilizers, YaraVita foliar nutrients, and industrial phosphates

Yara International excels in delivering phosphorus-rich fertilizers tailored for diverse crops, leveraging its global network to optimize nutrient delivery. As a key player in the crop nutrition sector, Yara combines phosphorus with nitrogen solutions to enhance farm efficiency. The company’s research-driven approach helps farmers reduce environmental impact while boosting productivity in regions facing nutrient deficiencies.

Sustainability Initiatives:

• Promoting 4R nutrient stewardship (right source, rate, time, place)

• Developing low-emission fertilizer technologies

• Target of net-zero emissions across the value chain by 2050

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7️⃣ 4. The Mosaic Company

Headquarters: Tampa, Florida, USA
Key Offering: Monoammonium phosphate (MAP), microEssentials, and potash-phosphorus blends

The Mosaic Company is a global leader in phosphate crop nutrients, operating major facilities in the US and Brazil to produce millions of tons annually. It focuses on innovative blends that improve phosphorus availability in soils, supporting sustainable agriculture in high-demand regions. Mosaic’s commitment to safety and efficiency ensures its products meet the needs of large-scale farming operations worldwide.

Sustainability Initiatives:

• Reclaiming mined lands for productive use post-extraction

• Investing in water recycling and conservation projects

• Goal to reduce greenhouse gas intensity by 35% by 2025

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6️⃣ 5. Nutrien Ltd.

Headquarters: Saskatoon, Saskatchewan, Canada
Key Offering: Phosphate fertilizers, purified phosphoric acid, and specialty nutrients

Nutrien Ltd., formed from the merger of PotashCorp and Agrium, dominates North American phosphorus production with extensive potash-phosphate synergies. It supplies granular and liquid phosphorus products that enhance crop resilience and yield. Through digital farming tools, Nutrien helps customers apply phosphorus more precisely, minimizing waste and maximizing returns in variable climates.

Sustainability Initiatives:

• Leading in leading indicator safety programs

• Supporting regenerative agriculture practices

• Aspiring to net-zero Scope 1 and 2 emissions by 2050

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5️⃣ 6. ICL Group

Headquarters: Tel Aviv, Israel
Key Offering: Specialty phosphates, food-grade phosphoric acid, and flame retardants

ICL Group specializes in downstream phosphorus applications, from food additives to industrial chemicals, drawing on its Dead Sea resources. The company’s innovative products serve the growing demand in health, nutrition, and materials science sectors. With a focus on value-added processing, ICL ensures phosphorus is utilized efficiently across multiple industries, fostering long-term partnerships.

Sustainability Initiatives:

• Advanced water management in arid regions

• Circular solutions for phosphorus recovery

• Commitment to science-based emissions reduction targets

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4️⃣ 7. Solvay

Headquarters: Brussels, Belgium
Key Offering: Phosphoric acid, sodium phosphates, and phosphorus-based catalysts

Solvay is renowned for its high-purity phosphorus chemicals used in pharmaceuticals, water treatment, and electronics. Operating in Europe and beyond, the company emphasizes clean production technologies to meet stringent regulatory standards. Its expertise in phosphorus chemistry supports innovations in sustainable materials and processes that reduce environmental footprints.

Sustainability Initiatives:

• Bio-based phosphorus alternatives development

• Energy-efficient manufacturing upgrades

• Net-zero roadmap aligned with Paris Agreement

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3️⃣ 8. UPL Limited

Headquarters: Mumbai, India
Key Offering: Phosphorus-based pesticides, fertilizers, and crop protection solutions

UPL Limited leverages phosphorus in agrochemicals to protect crops and enhance nutrition, serving emerging markets in Asia and Africa. As one of the largest crop protection companies, UPL integrates phosphorus into sustainable farming products that combat pests while preserving soil health. Its global reach allows it to address localized agricultural challenges effectively.

Sustainability Initiatives:

• Promoting integrated pest management

• Reducing chemical runoff through precision application

• Investing in farmer education for responsible phosphorus use

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2️⃣ 9. Yunnan Yuntianhua Co., Ltd.

Headquarters: Kunming, China
Key Offering: Yellow phosphorus, phosphoric acid, and compound fertilizers

Yunnan Yuntianhua is a major force in China’s phosphorus industry, producing elemental phosphorus and derivatives for domestic and export markets. The company’s large-scale operations support the country’s agricultural needs, with a focus on cost-effective production of fertilizers. It continues to expand capacity to meet rising global demand for phosphorus inputs.

Sustainability Initiatives:

• Upgrading to cleaner phosphorus production methods

• Phosphorus slag recycling programs

• Environmental compliance enhancements

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1️⃣ 10. Prayon

Headquarters: Engis, Belgium
Key Offering: Purified phosphoric acid, dicalcium phosphate, and specialty phosphates

Prayon leads in high-quality phosphoric acid production, supplying food, pharmaceutical, and technical grades worldwide. With over a century of experience, the company excels in purification technologies that deliver consistent purity levels. Prayon’s solutions are vital for industries requiring reliable phosphorus compounds, from beverage production to animal feed.

Sustainability Initiatives:

• Energy recovery systems in production

• Supporting EU green chemistry initiatives

• Traceability and transparency in supply chain

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🌍 Outlook: The Future of the Phosphorus Market Is Sustainable and Resource-Efficient

The phosphorus market is experiencing profound changes as finite reserves prompt a reevaluation of extraction and use. Traditional mining remains dominant, but investments in recycling, synthetic alternatives, and efficient applications are surging to ensure long-term availability.

Because phosphorus is irreplaceable for food production, stakeholders are prioritizing strategies that balance supply with environmental protection. However, challenges like geopolitical tensions and price volatility underscore the need for diversified sources and innovative technologies. Furthermore, advancements in biotechnology could unlock new pathways for phosphorus utilization, making the market more resilient.

In water treatment, phosphorus removal remains critical to combat eutrophication, driving demand for specialized compounds. Meanwhile, the battery sector, particularly lithium-iron-phosphate (LFP) batteries for electric vehicles, is emerging as a high-growth area. Regulatory frameworks, such as the EU’s fertilizer ordinance, are pushing for higher purity and lower impurities, influencing production standards globally.

The integration of digital tools, like AI-driven soil testing, helps optimize phosphorus application, reducing overuse and runoff. As emerging economies expand agriculture, Africa and Asia will play larger roles in consumption and potentially production, provided sustainable practices are adopted early.

📈 Key Trends Shaping the Market:

• Rapid expansion of phosphorus recycling from wastewater and agricultural waste

• Regulatory mandates for sustainable mining and reduced heavy metal contaminants

• Growth in phosphorus demand for renewable energy storage and green chemistry

• Collaborations between producers and agritech firms for precision nutrition

Read Full Report: Phosphorus Market – View in Detailed Research Report

The companies listed above are not only supplying essential phosphorus—they’re leading the sustainable revolution in agriculture and industry.

At 24 Chemical Research, we provide comprehensive market intelligence to help businesses navigate complex sectors like phosphorus. Our reports offer in-depth analysis, forecasts, and competitive insights drawn from extensive surveys of manufacturers, suppliers, and experts. Whether you’re assessing growth opportunities or benchmarking against leaders, our data empowers informed decisions in this vital market.

This blog draws from ongoing industry monitoring and the latest report on the Global Phosphorus Market, considering factors like post-COVID recovery and geopolitical influences on supply chains. For tailored consultations or custom research, contact our team.