The Global Industrial Phosphoric Acid Market was valued at USD 48.73 Billion in 2024 and is projected to reach USD 68.15 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.1% during the forecast period (2024–2030). This growth is driven by rising demand for phosphate-based fertilizers to ensure global food security, increasing applications in food and beverage processing, and the expanding use of phosphoric acid in metal surface treatment and water treatment chemicals.

As a cornerstone chemical enabling everything from agricultural yields to industrial manufacturing, phosphoric acid’s versatile applications place its leading producers at the heart of global supply chains. In this blog, we profile the Top 10 Companies in the Industrial Phosphoric Acid Industry—a group of integrated chemical giants, mining conglomerates, and specialized producers driving innovation and supply across diverse sectors.

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🔟 1. OCP Group

Headquarters: Casablanca, Morocco
Key Offering: Wet-process phosphoric acid, Purified phosphoric acid, Phosphate fertilizers

OCP Group is a world leader in the phosphate industry, controlling one of the largest phosphate rock reserves globally. The company is fully integrated, from mining to the production of phosphoric acid and downstream fertilizers, making it a pivotal supplier to global markets, particularly in Europe, Asia, and the Americas.

Sustainability & Innovation Initiatives:

• Massive investment in green energy to power its production facilities
• Development of customized, sustainable fertilizer solutions for different soils and crops
• Commitment to water conservation and sustainable mining practices

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9️⃣ 2. The Mosaic Company

Headquarters: Tampa, Florida, USA
Key Offering: Merchant Grade Phosphoric Acid (MGA), Fertilizer-grade phosphoric acid

The Mosaic Company is one of the world’s leading producers and marketers of concentrated phosphate and potash. Its extensive network of production facilities and distribution channels ensures a reliable supply of phosphoric acid for the agricultural and industrial sectors worldwide.

Sustainability & Innovation Initiatives:

• Focus on improving phosphate recovery and reducing environmental footprint
• Investment in advanced production technologies for efficiency and safety
• Partnerships with farmers to promote the 4R Nutrient Stewardship framework (Right Source, Right Rate, Right Time, Right Place)

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8️⃣ 3. Nutrien Ltd.

Headquarters: Saskatoon, Saskatchewan, Canada
Key Offering: Phosphoric acid, Triple Superphosphate (TSP), Monoammonium Phosphate (MAP)

Formed by the merger of PotashCorp and Agrium, Nutrien is a global agricultural giant with significant phosphate production capacity. The company operates a large-scale integrated phosphate mine and plant in the United States, serving the needs of the global agricultural industry.

Sustainability & Innovation Initiatives:

• Leading the development of digital agriculture tools to optimize fertilizer use
• Commitment to responsible resource management and community engagement
• Goals to reduce greenhouse gas emissions intensity across operations

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7️⃣ 4. PhosAgro

Headquarters: Moscow, Russia
Key Offering: High-purity phosphoric acid, APF fertilizers (Ammoniated Phosphates), Feed phosphates

PhosAgro is a leading vertically integrated Russian company and a major global producer of high-grade phosphate-based fertilizers and feed phosphates. The company’s phosphoric acid is known for its high quality and low cadmium content, making it desirable for food and feed applications.

Sustainability & Innovation Initiatives:

• Production of eco-friendly, low-cadmium fertilizers
• Implementation of best available techniques (BAT) to minimize environmental impact
• Focus on product quality and food safety standards

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Industrial Phosphoric Acid (PA) Market – View in Detailed Research Report

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6️⃣ 5. ICL Group

Headquarters: Tel Aviv, Israel
Key Offering: Thermal process phosphoric acid, Food-grade phosphoric acid, Industrial-grade phosphoric acid

ICL Group is a global specialty minerals and chemicals company with significant operations in the phosphate value chain. The company produces high-purity thermal phosphoric acid, which is essential for food, pharmaceutical, and technical applications where purity is paramount.

Sustainability & Innovation Initiatives:

• Pioneering sustainable phosphate production from its unique source
• R&D focus on novel uses of phosphates in battery materials and other advanced applications
• Commitment to circular economy principles and reducing waste

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5️⃣ 6. EuroChem Group

Headquarters: Zug, Switzerland
Key Offering: Fertilizer-grade phosphoric acid, Complex fertilizers (NPK)

EuroChem is a leading global fertilizer company with integrated production capacities from mining to downstream products. Its strategically located production assets, including new plants in Russia, make it a key player in supplying phosphoric acid to European and international markets.

Sustainability & Innovation Initiatives:

• Large-scale investments in new, modern production facilities
• Focus on mining efficiency and long-term resource security
• Development of specialized fertilizer blends for specific regional needs

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4️⃣ 7. Arkema

Headquarters: Colombes, France
Key Offering: High-purity phosphoric acid, Phosphorus derivatives for electronics, specialty chemicals

Arkema is a global specialty chemicals and advanced materials company. While not a primary producer of fertilizer-grade acid, Arkema is a significant player in the high-purity phosphoric acid segment, supplying critical ingredients for the electronics, water treatment, and specialty化学品 industries.

Sustainability & Innovation Initiatives:

• Strong R&D focus on bio-based and sustainable materials
• Development of phosphorus-based solutions for energy storage and lightweight materials
• Commitment to achieving carbon neutrality by 2050

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3️⃣ 8. Solvay

Headquarters: Brussels, Belgium
Key Offering: Ultra-pure phosphoric acid, Phosphorus specialties for flame retardants, catalysts

Solvay is a leading advanced materials and speciality chemicals company. Its portfolio includes high-value phosphorus derivatives and ultra-pure phosphoric acid used in demanding applications such as semiconductor manufacturing, catalysis, and high-performance polymers.

Sustainability & Innovation Initiatives:

• Solvay One Planet sustainability framework with clear environmental targets
• Innovation in circular solutions and sustainable chemistry
• Leadership in developing eco-friendly flame retardants and other specialty applications

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2️⃣ 9. Prayon

Headquarters: Engis, Belgium
Key Offering: Purified Wet Process Acid (PWPA), Thermal phosphoric acid, Technical phosphates

Prayon is a Belgian specialist in phosphoric acid and phosphate technology. With over a century of experience, the company is renowned for its proprietary purification technologies and produces a wide range of high-quality phosphoric acid grades for food, feed, and technical applications.

Sustainability & Innovation Initiatives:

• Expertise in reducing environmental impact of phosphate production through its technologies
• Licensing of its purification processes to other producers worldwide
• Focus on product stewardship and sustainable lifecycle management

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1️⃣ 10. Aditya Birla Chemicals (Grasim Industries)

Headquarters: Mumbai, India
Key Offering: Industrial phosphoric acid, Food-grade phosphoric acid

Part of the Aditya Birla Group, this division is a key phosphoric acid producer in the Asia-Pacific region. It supplies acid to various domestic industries, including fertilizers, detergents, and metal treatment, and plays a crucial role in India’s growing industrial landscape.

Sustainability & Innovation Initiatives:

• Focus on operational excellence and energy efficiency
• Commitment to water stewardship and zero liquid discharge initiatives
• Aligning with national initiatives like ‘Make in India’ for industrial growth

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🌍 Outlook: The Future of the Industrial Phosphoric Acid Market is Efficient and Application-Driven

The industrial phosphoric acid market is evolving beyond its traditional agricultural base. While fertilizer demand remains the primary driver, growth is increasingly fueled by high-purity applications in food, electronics, and lithium iron phosphate (LFP) batteries. Technological advancements are focused on production efficiency and environmental sustainability.

📈 Key Trends Shaping the Market:

• Rising demand for high-purity phosphoric acid in the electronics and electric vehicle battery sectors
• Increasing stringency of environmental regulations affecting production processes (e.g., gypsum stack management)
• Vertical integration and consolidation among key players to secure raw material supply chains
• Innovation in purification technologies to create value-added specialty products

Read Full Report:
Industrial Phosphoric Acid (PA) Market – View in Detailed Research Report

The companies listed above are not only producing a fundamental industrial chemical—they are enabling global food production, technological advancement, and industrial innovation.