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 acid's 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 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.
The global Phosphorous Acid (CAS 10294-56) market is valued at 140 million US$ in 2018 is expected to reach 220 million US$ by the end of 2025, growing at a CAGR of 6.1% during 2019-2025.
This report focuses on Phosphorous Acid (CAS 10294-56) volume and value at global level, regional level and company level. From a global perspective, this report represents overall Phosphorous Acid (CAS 10294-56) market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
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
Segment by Regions
North America
Europe
China
Japan
Segment by Type
Phosphorous Acid Crystal
Phosphorous Acid Liquid
Segment by Application
Plastics & Polymers
Agriculture
Synthetic Fiber
Water Treatment
Others
Summary:
Get latest Market Research Reports on Phosphorous Acid (CAS 10294-56) . Industry analysis & Market Report on Phosphorous Acid (CAS 10294-56) is a syndicated market report, published as Global Phosphorous Acid (CAS 10294-56) Market Research Report 2019. It is complete Research Study and Industry Analysis of Phosphorous Acid (CAS 10294-56) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.