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.
Global Phosphorous Acid (CAS 10294-56) market size will increase to 220 Million US$ by 2025, from 140 Million US$ in 2018, at a CAGR of 6.1% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Phosphorous Acid (CAS 10294-56).
This report researches the worldwide Phosphorous Acid (CAS 10294-56) market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Phosphorous Acid (CAS 10294-56) breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
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
Phosphorous Acid (CAS 10294-56) Breakdown Data by Type
Phosphorous Acid Crystal
Phosphorous Acid Liquid
Phosphorous Acid (CAS 10294-56) Breakdown Data by Application
Plastics & Polymers
Agriculture
Synthetic Fiber
Water Treatment
Others
Phosphorous Acid (CAS 10294-56) Production Breakdown Data by Region
United States
Europe
China
Japan
Other Regions
Phosphorous Acid (CAS 10294-56) Consumption Breakdown Data by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Phosphorous Acid (CAS 10294-56) capacity, production, value, consumption, status and forecast;
To focus on the key Phosphorous Acid (CAS 10294-56) manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
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.
In this study, the years considered to estimate the market size of Phosphorous Acid (CAS 10294-56) :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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 Insights, Forecast to 2025. 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.