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Phosphate Fertilizers Market - Forecast(2021 - 2026)

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Fertilizers market   has a humungous growth capacity as feeding the growing population is the major challenge. In the recent past, urbanization has become a basic need to survive for any economy. The total world population has   increased from a mere 750 million in 1950 to an immense 7.3 billion in 2015 . In such a globalized world, there should be enough food for feeding the increasing population. Hence, there is an upsurge in the demand for improving the yield of crops. This impetus has induced the growth of fertilizers market, which is directly related to the agricultural industry. One of the important components of these fertilizers is phosphorous. Request Sample Plants require phosphorus for metabolism like growth, utilization of starch, photosynthesis, nucleus formation and cell division to name among a few others. One of the main reasons why phosphorous is necessary for plants is due to its capacity to store energy generated from photosynthesis and the metabolism of carbohydrate