White Phosphorous Market 2017-2024 Industry Trends and Demands Research Report

Global White Phosphorous Market size is likely to expand at a prominent CAGR in the forecast period. White phosphorous, a highly reactive allotrope of phosphorous, is a wax-like substance which ignites instantly on exposure to air.

The prime factor responsible for driving the global white phosphorous market size in future will be the booming arms and ammunition sector across the globe. Countries including the U.S., China Russia, etc. are investing resources and money on arms, ammunition supply to strengthen their military.

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The product is an essentially used in hand grenades, smoke bombs, incendiary devices and many other artillery weapons. Its highly reactive nature on exposure to air at lower temperatures makes it desirable in weapon manufacturing. Additionally, due to its toxicity, it is in great demand from the fertilizers and pesticides industry, which is exponentially growing in Asia Pacific and Latin America.

The major challenge to white phosphorous market share in the coming years is the environmental threat it poses as a Hazardous Air Pollutant (as declared by EPA) during its manufacturing, storage and transportation. It reacts rapidly in air to produce toxic chemicals, which on inhalation can cause respiratory problems. In water bodies, it is found in bottom sediments of lakes and river.

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It reacts with oxygen in water slower than air, its toxicity affects aquatic life to a substantial extent. It also causes some severe health problems such as skin burn, heart, kidneys and lungs damage, etc., when exposed for a longer time, even for small traces/amount. The relevant damage caused to environment by the product through air, soil and water contamination may obstruct its demand in future.

The product has main application in arms and ammunitions industry. Other areas where the product has prominent usage is synthesis of other phosphorous compounds, manufacturing of organic pesticides, metallurgy and pharmaceuticals.
In ammunition industry, it is widely used in smoke bombs and flares that are used to produce smoke for concealing troop movements, displaying infrared signatures and identifying targets. Due to its instant ignition properties, it is used to destroy enemy equipment such as vehicles and storage tanks for oil, lubricants and petroleum in war situations.

Browse key industry insights from the report, “White Phosphorous Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Russia, China, India, Japan, Malaysia, Thailand, Indonesia, Australia, Brazil, Saudi Arabia, UAE, South Africa), Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024”
https://www.gminsights.com/industry-analysis/white-phosphorous-market

The product is used as an intermediate to produce phosphoric acid, red phosphorous, carbon pentoxide and phosphorous trichloride. It is also employed as a raw material in manufacturing of organic phosphorous pesticides. In pesticides and fertilizers, white phosphorous is extensively used as an insecticide in pest control as a substitute for chlorinated hydrocarbons.

Asia Pacific led the global white phosphorous market share in 2016 in terms of consumption and production. This can be attributed to the booming pharmaceuticals, metallurgy and pesticides & fertilizers industry in this region. As the consumption and demand of pesticides is comparatively higher in Asia Pacific, due to huge agricultural lands and pressure of increasing population, the product demand is likely to boost in the coming years from the pesticides industry.

The prominent market share contributors functional in white phosphorous market are UPL Europe Limited, Yunphos (Taixing) Chemical Company Limited, Changzhou Qishuyan Fine Chemical Company Limited, 5-Continent Phosphorus Company Limited, Taj Pharmaceuticals Limited and Prasol Chemicals Limited. Other companies include Excel Industries Limited, Viet Hong Chemical and Trading Company Limited, Shymkent, Yunnan Phosphorus Group Company Limited, Sichuan Chuantou Chemical Industry Group Company Limited and Taraz.

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