Report ID: SQMIG15E2414
Report ID:
SQMIG15E2414 |
Region:
Global |
Published Date: December, 2024
Pages:
157
|
Tables:
118 |
Figures:
77
North America dominated the industry with a market share of around 22.0%. The production of petrochemicals & animal feed has increased, which is what is causing the region's growing product consumption. The region ranked third in the world with a production of 237.2 million tonnes of feed in 2022, a rise of 1% from 2021. Two of the top three producers of animal feed worldwide are the US and Mexico.
The market in Asia Pacific is anticipated to grow quickly as a result of the development of new petrochemical vegetation, water recovery facilities, the demand for laundry detergent, and increased concrete and animal feed production.
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Report ID: SQMIG15E2414