02-11-2019 12:54 PM CET - Business, Economy, Finances, Banking & Insurance

Global Phosphorous Acid (CAS 10294-56) Market 2019 is growing at a CAGR of 6.0% upto 2024 and expected to reach around USD 190 million globally by 2024

Press release from: Apex Market Research
Global Phosphorous Acid (CAS 10294-56) Market
Global Phosphorous Acid (CAS 10294-56) Market

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 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.

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.

Apex Market Research, recently published a detailed market research study focused on the “Phosphorous Acid (CAS 10294-56) Market 2019” across the global, regional and country level. Phosphorous Acid (CAS 10294-56) Market Research Report highlights extensive market insights of the Phosphorous Acid (CAS 10294-56) industry, which offers definitions and a diverse range of market structures and characteristics, historic and present market values along with the expected future growth of the Phosphorous Acid (CAS 10294-56) market for the forecast period. The study shares “Phosphorous Acid (CAS 10294-56)” performance both in terms of volume and revenue.

Key Manufacturers Analysis of 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

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The report exhibits Phosphorous Acid (CAS 10294-56) market across diverse regions (including the regions India, Japan, South East Asia, Europe, China and USA). In this section, major attributes such as region-wise Phosphorous Acid (CAS 10294-56) production value and techniques, consumption, export/import details, growth rate from 2013 to 2018, market structure and status and SWOT analysis are included. Moreover, the research study categorizes the Phosphorous Acid (CAS 10294-56) Market based on major product types, application and end users industries of Phosphorous Acid (CAS 10294-56). Besides, the report also covers geographical segregation for Phosphorous Acid (CAS 10294-56) Market. The report further provides production, capacity, price per region, gross margin, production cost, for all major regions and countries listed in report.

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Phosphorous Acid Crystal
Phosphorous Acid Liquid

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
Plastics & Polymers
Synthetic Fiber
Water Treatment

The competitive landscape of the global market for Phosphorous Acid (CAS 10294-56) is analyzed by assessing the major industry participants, production capacity, production capacity utilization rate, Phosphorous Acid (CAS 10294-56) Market’s production chain, pricing by each manufacturer and the revenue produced by each manufacturer in the Phosphorous Acid (CAS 10294-56) Market globally.

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The Global Phosphorous Acid (CAS 10294-56) Market 2019 is further emphasis on the basis of product pricing, Phosphorous Acid (CAS 10294-56) production volume, data pertaining to demand and Phosphorous Acid (CAS 10294-56) supply, and the revenue garnered by the product. The report offers upstream and downstream analysis covering major raw material used in manufacturing of Phosphorous Acid (CAS 10294-56) along with detailed manufacturing sources. The report also offers list of major raw material manufacturers along with their manufacturing locations. Comprehensive raw material price trend analysis along with manufacturing cost analysis is also incorporated into the report. Diverse methodical tools such as investment returns, feasibility, SWOT analysis and market attractiveness analysis has been implemented in the research study to show a comprehensive, detailed research study of the industry for Phosphorous Acid (CAS 10294-56) across the globe.

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