The salt of ammonia and phosphoric acid is ammonium phosphate. It comprises ammonium cations and phosphate anion and has the formula (NH4)3PO4. It is produced as a crystalline powder by combining concentrated ammonia and phosphoric acid solutions. It is water-soluble, and boiling the aqueous solution releases ammonia. According to BlueQuark Research & Consulting, the global Ammonium Phosphate market is expected to witness a significant growth rate during the forecasted period. Factors like the increasing use of Ammonium Phosphate in the fertilizer industry helps to provide plants with fixed nitrogen and phosphorous expected to drive the global market. Further, in animal feeds, diammonium phosphate has a low calcium content, which might help to formulate diets, including high-calcium legumes forages projected to drive the global market. Furthermore, the chemical action of ammonium polyphosphate in the condensed phase, known as intumescence, functions as a flame retardant, driving the global market. However, the usage of phosphates has the most significant influence on natural streams. They have been washed away from the soil by rain and irrigation and flushed into creeks, streams, rivers, and lakes. According to the University of California Cooperative Extension, phosphorus levels in water bodies rise, aquatic plants such as algae and floating weeds grow out of control. As a result, oxygen levels decrease, resulting in the extinction of fish, which are vital components of the aquatic environment, expected to hinder the global market growth.

Ammonium phosphates are the leading nitrogen-phosphorus products in the fertilizer industry. In animal feeds, ammonium phosphate supports animal growth and milk production. Monoammonium phosphate and diammonium phosphate and combinations are desirable in dry powder-type flame retardant. Magnesium ammonium phosphate is used in water treatment, and it is being used as a food additive and used in pharmaceuticals. 

The Fertilizer Industry is the most vital consumer of Ammonium Phosphate and is projected to drive the Global Market. Ammonium phosphate has a high nitrogen source that is utilized in fertilizers. It has high analysis, high water solubility, good physical traits, and inexpensive manufacturing costs, making the Global Ammonium Phosphate bound rise. With a 300 thousand tonnes per year manufacturing capacity, Nippon-Jordan Fertilizer Company manufactures compound fertilizers and diammonium phosphate (DAP). Chemical fertilizer production (NPK&DAP) increased to 224.678 tonnes in 2020, from 197,404 tonnes in 2019. However, in 2020, the Company sold 207.667 tonnes of NPK&DAP, up from 176,577 tonnes in 2019. Ammonium phosphate is a standard commercial fertilizer that promotes lush, bright green lawn and grass growth. It boosts disease and insect resistance, improves root systems, and promotes seed production, flowering, and blooming is expected to grow and drive the overall market in the future. Therefore the mentioned use of Ammonium Phosphate in the Fertilizer Industry is expected to grow and drive the overall market.

The Asia-Pacific is expected to be the leader in producing and consuming Ammonium Phosphate, with most consumption in countries like China and India. China is the world's top mono ammonium phosphate producer, followed by the United States, Russia, Brazil, and Morocco. China is the most significant consumer, followed by Brazil and the United States. The demand for fertilizer is increasing due to the increasing population. Ammonium Phosphates are water-soluble and dissolve rapidly in moist soil, which has a highly concentrated source of phosphorus and are very important for developing a proper root system, thus driving the global Ammonium Phosphate market. In animal feeds, Ammonium Phosphate is used in ruminant diets to provide phosphorous and non-protein nitrogen, which drives the need for Ammonium Phosphate in the Global Market. Dry chemical fire extinguishers are often found in workplaces, schools, and residences containing ammonium phosphate. The extinguisher spray disperses finely powdered Ammonium Phosphate, which covers the fuel and quickly smothers the flame, driving the global Ammonium Phosphate market. In water treatment, magnesium ammonium phosphate crystallization is used to extract and recover phosphorus from wastewater, allowing for eutrophication control and long-term phosphorus resource usage, driving the global market. Ammonium phosphate is used as a leavening agent in baking in the food industry. When baking using ammonium phosphate, the heat from the oven causes the gas to evaporate, leaving no ammonia in the finished product, expected to drive the global Ammonium Phosphate market. In the pharmaceutical industry, it is used in antirheumatic drugs. The mentioned factors have made the Asia-Pacific an essential region for growth in the Ammonium Phosphate Market.

Some of the market's key players are OCP Group, EuroChem Group AG, CF Industries Holdings, Inc., Maaden Saudi Arabian Mining Co., Nutrien Ltd, among others.

In February 2022, EuroChem Group, a renowned worldwide fertilizer company, finalized the phosphate project Serra do Salitre in Brazil. The complex includes an open-pit phosphate mine with reserves of approximately 350 million metric tonnes (MMT) and a fertilizer factory with a capacity of 1 MMT per year.

In February 2022, Dr. Mohammad Althnaibat, Chairman of the JPMC, spoke about increasing the storage capacity of rock phosphate ready for export. In the following two years, Jordanian phosphate consumption will exceed 7 million tonnes. And it was revealed that Phosphate output increased by 10% in 2021, reaching 10 million tonnes.

The Global Ammonium Phosphate Market report provides deep insight into the Industrial market's current and future state across various regions. The study comprehensively analyses the Ammonium Phosphate market by segmenting based on the By Type (Ammonium Polyphosphate, Monoammonium Phosphate, Diammonium Phosphate, Others), By Elements (Nitrogen (N), Hydrogen (H), Phosphorous (P), Oxygen (O), Others), By Applications (Fertilizer, Animal Feed, Flame Retardants, Water Treatment, Food, Medicine, Others), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints and the impact of Covid-19 on the market growth in detail. The study covers and includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.