Phosphorous Acid (CAS 10294-56) Market Growth 2019-2024 Research Report

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Abstract:

Phosphorous Acid (CAS 10294-56) 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 acid’s CAS number is 10294-56-1 or 13598-36-2.

 

According to this study, over the next five years the Phosphorous Acid (CAS 10294-56) market will register a 6.0% CAGR in terms of revenue, the global market size will reach US$ 190 million by 2024, from US$ 140 million in 2019.

Molecular Formula Of Phosphorous Acid (CAS 10294-56):- H3PO3.

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 world’s 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 2017, 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.

In particular, this report presents the global market share (sales and revenue) of key companies in Phosphorous Acid (CAS 10294-56) business, shared in Chapter 3.Phosphorous Acid (CAS 10294-56) report presents a comprehensive overview, market shares, and growth opportunities of Phosphorous Acid (CAS 10294-56) market by product type, application, key manufacturers and key regions and countries.

This study considers the Phosphorous Acid (CAS 10294-56) value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

  • Phosphorous Acid Crystal
  • Phosphorous Acid Liquid

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

  • Plastics & Polymers
  • Agriculture
  • Synthetic Fiber
  • Water Treatment
  • Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

  • Americas
  • United States
  • Canada
  • Mexico
  • Brazil
  • APAC
  • China
  • Japan
  • Korea
  • Southeast Asia
  • India
  • Australia
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Russia
  • Spain
  • Middle East & Africa
  • Egypt
  • South Africa
  • Israel
  • Turkey
  • GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.

  • 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

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

  • To study and analyze the global Phosphorous Acid (CAS 10294-56) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
  • To understand the structure of Phosphorous Acid (CAS 10294-56) market by identifying its various subsegments.
  • Focuses on the key global Phosphorous Acid (CAS 10294-56) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
  • To analyze the Phosphorous Acid (CAS 10294-56) with respect to individual growth trends, future prospects, and their contribution to the total market.
  • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
  • To project the consumption of Phosphorous Acid (CAS 10294-56) submarkets, with respect to key regions (along with their respective key countries).
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
  • To strategically profile the key players and comprehensively analyze their growth strategies.

Table of content

2019-2024 Global Phosphorous Acid (CAS 10294-56) Consumption Market Report

1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered

2 Executive Summary
2.1 World Market Overview
2.1.1 Global Phosphorous Acid (CAS 10294-56) Consumption 2014-2024
2.1.2 Phosphorous Acid (CAS 10294-56) Consumption CAGR by Region
2.2 Phosphorous Acid (CAS 10294-56) Segment by Type
2.2.1 Phosphorous Acid Crystal
2.2.2 Phosphorous Acid Liquid
2.3 Phosphorous Acid (CAS 10294-56) Consumption by Type
2.3.1 Global Phosphorous Acid (CAS 10294-56) Consumption Market Share by Type (2014-2019)
2.3.2 Global Phosphorous Acid (CAS 10294-56) Revenue and Market Share by Type (2014-2019)
2.3.3 Global Phosphorous Acid (CAS 10294-56) Sale Price by Type (2014-2019)
2.4 Phosphorous Acid (CAS 10294-56) Segment by Application
2.4.1 Plastics & Polymers
2.4.2 Agriculture
2.4.3 Synthetic Fiber
2.4.4 Water Treatment
2.4.5 Others
2.5 Phosphorous Acid (CAS 10294-56) Consumption by Application
2.5.1 Global Phosphorous Acid (CAS 10294-56) Consumption Market Share by Application (2014-2019)
2.5.2 Global Phosphorous Acid (CAS 10294-56) Value and Market Share by Application (2014-2019)

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