Phosphorous Acid (CAS 10294-56) Market Size By Regional Analysis(Europe, Asia Pacific, America, Middle East And Africa), By Demand & COVID-19 Impact Analysis, By Type, By Applications And Forecasts 2023 - 2030 (Financial Impact Analysis)
ID : MRU_
315950 | Date :
Nov, 2021 | Pages :
164 | Region : Global |
Publisher : RI
The Market Research Update provide detailed report study and highlights market share and size, and regional changing trends, production value predication, new prospects for Phosphorous Acid (CAS 10294-56) market development rate. This study report offers a current scenario of the market. The report also comprises a several market dynamics.
The Phosphorous Acid (CAS 10294-56) is projected to rise moderately in the projected time frame of 2023-2030.
Phosphorous acid is the compound described by the formula H3PO3. This acid is diprotic (readily ionizes two protons), not triprotic as might be suggested by this formula. Phosphorous acid is an intermediate in the preparation of other phosphorus compounds. It is applied for reducing agent, nylon whiten agent, plastic stabilizer, synthetic fiber, phosphoric acid salt and agricultural pesticide intermediate etc. Phosphorous acids CAS number is 10294-56-1 or 13598-36-2.
There has been significant rationalization in the phosphorus industry during the past 10 to 20 years, largely because of the diminishing use of sodium phosphates in home laundry detergent powders. The phosphorus industry has undergone a dramatic shift away from Western countries to Asian countries during this period as a result of changes in technology and the increasing cost of electricity. The development of capacity to produce technical-grade phosphoric acid from wet agricultural acid has also resulted in the loss of market share for thermal acid, which is produced from elemental phosphorus. Phosphorous acid is an important by-product of the phosphorus industry .In the past few years, the phosphorous acid industry have maintained a rapid pace of development. The production of the global phosphorous acid increased from 78.9 K MT in 2012 to 132.4 K MT in 2016. In 2016, the global phosphorous acid industry was valued at 116 million USD, and by 2023, the global phosphorous acid industry is expected to reach 194 million USD.
At present, the worlds major producers are located in China. Futong Chemical, Jiangyin Yaoyu Chemical, Yichang Kaixiang Chemical, Rudong Zhenfeng Yiyang Chemical, Rudong Blessing Chemical and Linyi Chunming Chemical are the main players in this industry. Rudong Zhenfeng Yiyang Chemical is a global market leader. In 2016, Rudong Zhenfeng Yiyang Chemica accounted for 8.39% of the market share. In recent years, Chinese manufacturers have expanded their production capacity. At the same time, there are some new manufacturers to enter the industry, which makes the phosphorous acid market concentration continues to decline.
Phosphorous acid is a very important intermediate. Phosphorous acid can be used in the plastics industry, pesticide industry, synthetic fiber industry and water treatment industry. Plastics & Polymers is the most critical application of phosphorous acid. In 2016, the Plastics & Polymers industry accounted for 36.78% of the global share of the application.
This industry is affected by the economy and policy, so it\'s important to put an eye to economic indexes and leaders\' prefer. With the global economic recovery, more and more people pay attention to rising environment standards which may great affect this industry. In 2020, the price of phosphorous acid rose sharply due to rising raw material prices and environmental pressures.
We think the industry is already very mature. Therefore, in a short time, we do not recommend entering the industry (As a manufacturer). In the future, the industry will maintain a stable development trend. At the same time, Chinese manufacturers will also occupy the absolute market share.
Global Phosphorous Acid (CAS 10294-56) market size will increase to 220 Million US$ by 2030, from 140 Million US$ in 2020, at a CAGR of 6.1% during the forecast period. In this study, 2023 has been considered as the base year and 2023 to 2030 as the forecast period to estimate the market size for Phosphorous Acid (CAS 10294-56).
Objectives of Research:
The overview of the global Phosphorous Acid (CAS 10294-56) market
Report comprised of the market companies, to describe and define and analyze the Phosphorous Acid (CAS 10294-56) market value, share competition landscape, development plans and SWOT analysis.
The report also involves the structure of the industry by identifying its several sub-segments.
To observe the industry with reverence to individual future prospects, development trends, and contribution to the overall market.
Major Players in the Market: The major competitors working in the market are:
, Futong Chemical, Jiangyin Yaoyu Chemical, Yichang Kaixiang Chemical, Rudong Zhenfeng Yiyang Chemical, Rudong Blessing Chemical, Linyi Chunming Chemical, Jiangsu Jibao Technology, Rudong Huayun Chemical, Xuzhou Yongda Chemical, Zibo TianDan Chemical, Shandong Sinobioway Biomedicine, Taixing Xiangyun Chemical, Jiangxi Jinlong Chemical, Guizhou Sino-Phos Chemical
Market by Order Type
Phosphorous Acid Crystal
Phosphorous Acid Liquid
Phosphorous Acid (CAS 10294-56) Data by Application
Plastics & Polymers
Agriculture
Synthetic Fiber
Water Treatment
Others
Phosphorous Acid (CAS 10294-56) Production Regions Covered in the Report are:
North America
Europe
Asia Pacific
Middle East & Africa
Rest of the World
Our team of enthusiastic analysts, research experts, and experienced forecasters work precisely to produce such kind of market report. The research report defines USD values, CAGR (compound annual growth rate) values and their variations for the precise projected time frame.
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The research information and studies associated with participant analysis keep the competitive landscape noticeably into the focus with which the market can select or advance their own policies to increase in the market growth.
The Key Questions Answered In Market Report Are:
Summary of the Phosphorous Acid (CAS 10294-56) market comprising definition
Phosphorous Acid (CAS 10294-56) Market – Industry Market Entry Scenario
4.1 Governing Outline Summary
4.2 New Business index
4.3 Case Studies of Positive Schemes
Phosphorous Acid (CAS 10294-56) Market Forces
5.1 Market Drivers
5.2 Market Restrains
5.3 Market New Opportunities
5.4 Market Challenges
5.4 Porters five force model
Phosphorous Acid (CAS 10294-56) Market – By Regions (Market Size –USD Million)
7.1 North America
7.2 Europe
7.3 Asia-Pacific
7.4 Middle East and Africa
7.5 Rest of the World
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