Phosphoric Acid Market Size Is Anticipated To Reach USD 87.06 Billion By 2040
The phosphoric acid market plays a crucial role in global agriculture and industrial manufacturing. Phosphoric acid is widely used in fertilizer production, food processing, pharmaceuticals, water treatment, and metal finishing. Growing agricultural demand, increasing food consumption, and expanding industrial applications are driving the market forward. According to Grand View Research , the global phosphoric acid market is expected to witness steady growth due to rising fertilizer consumption and technological advancements in production processes. A detailed market outlook, including size, growth forecast, and competitive landscape, is available here: https://www.grandviewresearch.com/industry-analysis/phosphoric-acid-market What is Phosphoric Acid? Phosphoric acid (H₃PO₄) is an inorganic mineral acid commonly produced using phosphate rock through the wet or thermal process. It is a colorless, odorless liquid and is available in different grades, inclu...