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Construction Boom Ignites Phosphonates Market Growth Driver: Leading Transformation in the Phosphonates Market in 2025

02-06-2025 12:30 PM CET | Chemicals & Materials

Press release from: The Business Research Company

Phosphonates Market Research

Phosphonates Market Research

What Are the Projected Growth and Market Size Trends for the Phosphonates Market?
The phosphonates market has experienced significant growth in recent years. It will rise from $1.27 billion in 2024 to $1.39 billion in 2025, at a compound annual growth rate (CAGR) of 9.1%. This growth is driven by water treatment applications, the expanding agriculture sector, industrial processes, increasing construction activities, and oilfield chemical demands.

The phosphonates market is anticipated to experience significant growth in the coming years, projected to reach $1.85 billion by 2029, with a compound annual growth rate (CAGR) of 7.4%. This growth is driven by a focus on sustainable agriculture, expansion in industrial activities, a thriving construction sector, increasing emphasis on wastewater treatment, and rising demand in the pharmaceutical industry. Key trends during this period include enhanced agricultural practices, growth in the oil and gas sector, demand for biodegradable products, technological advances in production, innovation, and global economic shifts.

What Is Driving the Growth Trajectory of the Phosphonates Market?
The increasing demand for phosphonates in the construction sector is anticipated to boost the phosphonates market. Construction involves assembling various materials to create structures based on detailed plans and designs. Phosphonates are essential in construction due to their role as concrete retarders, chelating agents, and scale inhibitors, contributing to infrastructure projects' durability, safety, and sustainability. For example, according to the US Census Bureau, construction spending increased from $1,626.4 billion in 2021 to $1,792.9 billion in 2022, reflecting a 10.2% growth rate. Therefore, rising construction activities are propelling the phosphonates market.

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Which Leading Companies Are Shaping the Growth of the Phosphonates Market?
Major companies operating in the phosphonates market report are Lanxess AG, Biesterfeld AG, TER Chemicals GmbH & Co. KG, Shandong Taihe Water Treatment Technologies Co. Ltd., Giovanni Bozzetto S.p.A., Zschimmer & Schwarz GmbH & Co Kg, SMC Global, Excel Industries Limited, H2Q Inc., Uniphos Chemicals Co. Ltd., Henan Qingshuiyuan Technology CO. Ltd., Changzhou Kewei Fine Chemicals Co. Ltd., IRO Group Inc., Aquapharm Chemical Pvt. Ltd., MKS DevO Chemicals, Maxwell Additives Private Limited, Zaozhuang Kerui Chemicals Co. Ltd., Changzhou Yuanquan Hongguang Chemical Co. Ltd., CJ Chemicals LLC, Shandong Xintai Water Treatment Technology Co. Ltd., Zeel Product, Mid South Chemical Co., Bhumi Chemicals Private Limited, Acuro Organics Limited, Italmatch AWS, Yichang Kaixiang Chemical Co. Ltd.

What Are the Major Trends Shaping the Phosphonates Market?
Prominent companies in the phosphonates market are focused on creating cutting-edge products using THOR's phosphonates AFLAMMIT technologies to enhance customer services. These technologies offer advanced flame-retardant solutions incorporating phosphonates, which significantly improve fire resistance in various materials. For instance, in July 2022, BASF, a Germany-based chemical corporation, collaborated with THOR GmbH, a Germany-based supplier of phosphonates, to develop a non-halogenated flame retardant additive solution. This partnership aimed to improve both sustainability and performance in plastic compounds that must meet stringent fire safety regulations. The collaboration combined BASF's halogen-free Flamestab flame retardant with THOR's AFLAMMIT phosphonates for polyolefins, a material typically requiring advanced flame resistance solutions.

What Are the Key Segments of the Phosphonates Market?
The phosphonates market covered in this report is segmented -

1) By Type: Amino Trimethylene Phosphonic Acid(ATMP), Hydroxyethylidene Diphosphonic Acid (HEDP), Diethylene Triamine Penta Methylene Phosphonic Acid(DTPMP), Bis Hexamethylene Triamine (BHMT), Other Types
2) By Application: Water Cleaners, Scale Inhibitors, Bleach Stabilizer, Chelating Agents, Concrete Additives, Other Applications
3) By End User: Water Treatment, Pharmaceutical, Textiles, Oil And Gas, Pulp And Paper, Agriculture, Other End Users

Subsegments:
1) By Amino Trimethylene Phosphonic Acid (ATMP): ATMP For Scale And Corrosion Inhibition, ATMP In Water Treatment, ATMP In Detergents And Cleaning Products
2) By Hydroxyethylidene Diphosphonic Acid (HEDP): HEDP In Water Treatment, HEDP For Corrosion Inhibition, HEDP In Detergents And Cleaning Agents, HEDP In Oil And Gas Industry
3) By Diethylene Triamine Penta Methylene Phosphonic Acid (DTPMP): DTPMP For Water Treatment, DTPMP As A Scale And Corrosion Inhibitor, DTPMP In Industrial And Commercial Applications
4) By Bis Hexamethylene Triamine (BHMT): BHMT For Metal Surface Treatment, BHMT In Water Treatment Systems, BHMT In Oilfield Applications
5) By Other Types: Phosphonates For Agriculture, Phosphonates In Industrial Cleaning, Phosphonates For Chemical Manufacturing

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Which Region Dominates the Phosphonates Market?
North America was the largest region in the phosphonate market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the phosphonates market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Phosphonates Global Market Report?

- Market Size Analysis: Analyze the Phosphonates Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Phosphonates Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Phosphonates Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Phosphonates Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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