The production and sales of magnesium ammonium phosphate continue to grow, and local companies still have great room for development.

Magnesium ammonium phosphate, commonly known as struvite, has the chemical formula MgNH4PO4 and is a white crystalline powder. It is an inorganic compound that is only slightly soluble in water and soil in wet environments and can be used as slow-release fertilizers (SRFs).

The upstream of the magnesium ammonium phosphate industry chain is the supply of chemical raw materials and production equipment such as magnesium salts and ammonium phosphate; the midstream is the production and production of products; the downstream is mainly used in medicine, chemical industry, fertilizer, construction and other fields.

The fertilizer field does not have high requirements on product technology and quality, and is the main application market for magnesium ammonium phosphate. As my country’s agricultural development level continues to improve, the country’s emphasis on food security continues to increase, and the fertilizer industry continues to develop, driving the market scale of ammonium magnesium phosphate to continue to expand. In 2017, my country’s ammonium magnesium phosphate market size was approximately 4 billion yuan. In 2022, the market size will be close to 8 billion yuan, with a compound annual growth rate of approximately 15% from 2017 to 2022. Affected by advances in production technology and rising labor costs, the average domestic market price of magnesium ammonium phosphate has been rising in recent years, reaching about 7,400 yuan/ton in 2022.

According to the “In-depth Market Research and Investment Strategy Suggestions Report on Ammonium Magnesium Phosphate Industry 2023-2027” released by the Industrial Research Center, With the continuous development of the industry, the number of magnesium ammonium phosphate manufacturers in my country continues to increase, the scale of production continues to expand, and the downstream industries continue to develop. In recent years, production and sales have continued to grow. In 2022, my country’s output of magnesium ammonium phosphate will be approximately 107 tons, a year-on-year increase of approximately 8.4%, and sales will be approximately 1.06 million tons, a year-on-year increase of approximately 8.5%.

In recent years, the state has introduced a number of policies to promote the healthy and orderly development of the fertilizer industry. In February 2023, the National Development and Reform Commission, the Ministry of Industry and Information Technology, the Ministry of Ecology and Environment and other departments jointly issued the “Notice on ensuring the supply and stable price of spring plowing fertilizers in 2023”, pointing out that all regions and relevant units must fully understand It is important and urgent to ensure domestic fertilizer production, proactively implement various policies and measures, and promote local fertilizer production enterprises to shorten production shutdown time and strive to start production under the premise of meeting environmental protection, safety production and other requirements and water resource support and guarantee conditions. , improve capacity utilization. As one of the important raw materials for chemical fertilizers, magnesium ammonium phosphate has a good development environment.

At present, there are a large number of ammonium magnesium phosphate manufacturers in China, and the market competition is fierce. However, the production capacity of most enterprises is relatively backward. The industry has problems such as low overall production level, weak R&D strength, and serious product homogeneity. Local enterprises still have relatively low production capacity. Big room for development. At this stage, the main domestic magnesium ammonium phosphate manufacturers include Hubei Fubon Technology Co., Ltd., Xuzhou Moore Pharmaceutical Reagent Co., Ltd., Shanghai Cobis Chemical Co., Ltd., Jinzheng Danotel Chemical Co., Ltd., etc.

Industry analysts said that as my country’s urbanization process continues to accelerate and labor costs continue to rise, the scale and intensification of agriculture will With continuous improvement, the market demand for fertilizers will continue to grow, and magnesium ammonium phosphate has a broad consumer market. Domestic magnesium ammonium phosphate manufacturers need to continuously improve their research and development capabilities and production technology, optimize product quality and performance, and expand their competitive advantages.