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The agricultural sector has witnessed strong growth over the past decade. This is attributable to the strong demand for food and cash crops across developed and developing countries. This has resulted in increased demand for fertilizers on a global scale. Further, the demand for animal feed has boosted the consumption of phosphates.<br><br>The growing demand for diammonium phosphate (DAP), monoammonium phosphate (MAP), single superphosphate (SSP) and triple superphosphate (TSP) fertilizers are expected to benefit the sales figures in the coming years.
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