INDIA DIAMMONIUM PHOSPHATE DAP MARKET Size and trends

India Diammonium Phosphate Dap Market Size and Trends

India diammonium phosphate (DAP) market is estimated to be valued at USD 481.6 Mn in 2025 and is expected to reach USD 698.5 Mn by 2032, exhibiting a compound annual growth rate (CAGR) of 5.5% from 2025 to 2032.

Key Takeaways of the India Diammonium Phosphate (DAP) Market:

• The industrial grade segment is projected to account for 65.3% of the market share in 2025
• The granular segment is expected to lead the market, holding a 67.8% share in 2025
• The fire retardant segment is anticipated to command 57.8% of the market share in 2025

Market Overview:

Increasing usage of DAP as a fertilizer for various crops such as rice, wheat, vegetables, and other horticultural crops is expected to continue driving the demand for DAP in the country. DAP being a readily soluble source of phosphorus and nitrogen makes it a preferred fertilizer type. Further, government initiatives to promote balanced use of fertilizers along with growth in agricultural production are projected to boost India Diammonium Phosphate (DAP) market in the coming years. Ongoing farmer awareness programs regarding soil health management and the importance of macro and micronutrients for higher crop yields are also contributing favorably to market expansion. For instance, the "Soil Health Card Scheme" launched by the Government of India provides farmers with soil health reports that recommend appropriate nutrient management practices. This initiative aims to enhance productivity by encouraging the balanced use of fertilizers like Diammonium Phosphate (DAP) and other essential nutrients, thereby boosting agricultural sustainability and market growth.