Global White Phosphorous Market size is likely to expand at a prominent CAGR in the forecast period

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. 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.

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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. 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.

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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.

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.

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The white phosphorous market shall witness significant growth rate in Middle East & Africa. Saudi Arabia is a prime importer of the product and shall show promising growth prospects for white phosphorous market for the forecast period. North America and Europe are also anticipated to show considerable growth rate over the forecast period owing to the rising product demand in weapons and ammunitions segment of military sector.

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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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