According to Cognitive Market Research, the global Triple Super Phosphate market size will be USD 10254.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 5.80% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 4101.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.0% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 3076.26 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 2358.47 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.8% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 512.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 205.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.5% from 2024 to 2031.
The powder form is the fastest growing sector in the triple superphosphate market over the forecast period.
