Major Group SIC 2874 - Phosphatic Fertilizers

SIC 2874 - Phosphatic Fertilizers

SIC 28 - Chemicals And Allied Products
SIC 01 - Agricultural Production Crops SIC 02 - Agricultural Production Livestock And Animal Specialties SIC 07 - Agricultural Services SIC 08 - Forestry SIC 09 - Fishing, Hunting, And Trapping SIC 10 - Metal Mining SIC 12 - Coal Mining SIC 13 - Oil And Gas Extraction SIC 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels SIC 15 - Building Construction General Contractors And Operative Builders SIC 16 - Heavy Construction Other Than Building Construction Contractors SIC 17 - Construction Special Trade Contractors SIC 20 - Food And Kindred Products SIC 21 - Tobacco Products SIC 22 - Textile Mill Products SIC 23 - Apparel And Other Finished Products Made From Fabrics And Similar Materials SIC 24 - Lumber And Wood Products, Except Furniture SIC 25 - Furniture And Fixtures SIC 26 - Paper And Allied Products SIC 27 - Printing, Publishing, And Allied Industries SIC 28 - Chemicals And Allied Products SIC 29 - Petroleum Refining And Related Industries SIC 30 - Rubber And Miscellaneous Plastics Products SIC 31 - Leather And Leather Products SIC 32 - Stone, Clay, Glass, And Concrete Products SIC 33 - Primary Metal Industries SIC 34 - Fabricated Metal Products, Except Machinery And Transportation Equipment SIC 35 - Industrial And Commercial Machinery And Computer Equipment SIC 36 - Electronic And Other Electrical Equipment And Components, Except Computer Equipment SIC 37 - Transportation Equipment SIC 38 - Measuring, Analyzing, And Controlling Instruments Photographic, Medical And Optical Good SIC 39 - Miscellaneous Manufacturing Industries SIC 40 - Railroad Transportation SIC 41 - Local And Suburban Transit And Interurban Highway Passenger Transportation SIC 42 - Motor Freight Transportation And Warehousing SIC 44 - Water Transportation SIC 45 - Transportation By Air SIC 46 - Pipelines, Except Natural Gas SIC 47 - Transportation Services SIC 48 - Communications SIC 49 - Electric, Gas, And Sanitary Services SIC 50 - Wholesale Trade-durable Goods SIC 51 - Wholesale Trade-non-durable Goods SIC 52 - Building Materials, Hardware, Garden Supply, And Mobile Home Dealers SIC 53 - General Merchandise Stores SIC 54 - Food Stores SIC 55 - Automotive Dealers And Gasoline Service Stations SIC 56 - Apparel And Accessory Stores SIC 57 - Home Furniture, Furnishings, And Equipment Stores SIC 58 - Eating And Drinking Places SIC 59 - Miscellaneous Retail SIC 60 - Depository Institutions SIC 61 - Non-depository Credit Institutions SIC 62 - Security And Commodity Brokers, Dealers, Exchanges, And Services SIC 63 - Insurance Carriers SIC 64 - Insurance Agents, Brokers, And Service SIC 65 - Real Estate SIC 67 - Holding And Other Investment Offices SIC 70 - Hotels, Rooming Houses, Camps, And Other Lodging Places SIC 72 - Personal Services SIC 73 - Business Services SIC 75 - Automotive Repair, Services, And Parking SIC 76 - Miscellaneous Repair Services SIC 78 - Motion Pictures SIC 79 - Amusement And Recreation Services SIC 80 - Health Services SIC 81 - Legal Services SIC 82 - Educational Services SIC 83 - Social Services SIC 84 - Museums, Art Galleries, And Botanical And Zoological Gardens SIC 86 - Membership Organizations or Unions And Similar Labor Organizations SIC 87 - Engineering, Accounting, Research, Management, And Related Services SIC 89 - Services, Not Elsewhere Classified SIC 96 - Administration Of Economic Programs
- SIC 287 - Agricultural Chemicals
  SIC 281 - Industrial Inorganic Chemicals SIC 282 - Plastics Materials And Synthetic Resins, Synthetic Rubber, Cellulosic SIC 283 - Drugs SIC 284 - Soap, Detergents, And Cleaning Preparations Perfumes, Cosmetics SIC 285 - Paints, Varnishes, Lacquers, Enamels, And Allied Products SIC 286 - Industrial Organic Chemicals SIC 287 - Agricultural Chemicals SIC 289 - Miscellaneous Chemical Products
  - SIC 2874 - Phosphatic Fertilizers
    SIC 2873 - Nitrogenous Fertilizers SIC 2874 - Phosphatic Fertilizers SIC 2875 - Fertilizers, Mixing Only SIC 2879 - Pesticides And Agricultural Chemicals, Not Elsewhere Classified

Establishments primarily engaged in manufacturing phosphatic fertilizer materials, or mixed fertilizers from phosphatic materials produced in the same establishment. Included are phosphoric acid; normal, enriched, and concentrated super-phosphates; ammonium phosphates; nitro-phosphates; and calcium meta-phosphates.

Industry trends:

The phosphatic fertilizers industry, classified under NAICS 2874, has been witnessing noticeable trends shaped by evolving agricultural practices and environmental regulations. A significant qualitative trend is the growing emphasis on sustainable and eco-friendly fertilizers. Manufacturers are increasingly investing in research and development to create products that minimize environmental impact, such as reducing phosphate runoff and enhancing soil health. This trend is driven by both regulatory pressures and a consumer shift towards sustainable agriculture.

Another notable trend is the adoption of precision agriculture techniques, which leverage big data and IoT technologies to optimize fertilizer application. This approach not only enhances crop yield but also reduces wastage and environmental impact. The integration of AI in agriculture to forecast crop needs more accurately is also becoming more prevalent, providing a more tailored application of phosphatic fertilizers.

In terms of market forecasts, the demand for phosphatic fertilizers is expected to grow steadily due to the rising global need for food security. Emerging markets, particularly in Asia and Africa, are anticipated to see significant growth due to increased agricultural activities. However, supply chain disruptions and fluctuating raw material costs might pose challenges in the near term. Manufacturers that can innovate and adapt to these constraints while maintaining sustainability are likely to lead the market.

This industry is comprised of:

Ammonium phosphates

Calcium meta-phosphates

Defluorinated phosphates

Diammonium phosphates

Fertilizers, mixed: made in plants producing phosphatic fertilizer

Phosphoric acid

Plant foods, mixed: made in plants producing phosphatic fertilizer

Super-phosphates, ammoniated and not ammoniated

Explore related industries:

SIC 3241 - Cement, Hydraulic SIC 1475 - Phosphate Rock SIC 2999 - Products of Petroleum and Coal, Not Elsewhere Classified

Buy the detailed report

This report includes the ability to segment your Industry by:

Region
Employees
Net Sales

Company Age
Total Assets
Ownership Type

Download sample reports

With iCFO You Get

What Is iCFO?

A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.

Sound Business Analysis

Answers come easily with iCFO. Review ROI, sales per employee, profit margins of the top 10%, top 25% and more, to identify areas of concern and opportunity. Examine what if scenarios and P&L impact of reducing costs or adding revenue.

Your Business’ Health In Minutes

It takes only five minutes to enter your data and produce a concise profile of your company’s fiscal state, including critical business ratios focusing on liquidity, profitability, asset efficiency, and growth.