A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Phosphorus
& derivatives Market.
The study, titled “Phosphorus
& derivatives Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2016 - 2023”,
is available for sale on the firm’s website.
Phosphorous
is a combustible non metal which is found in two allotropic forms
namely, white phosphorous and red phosphorous. The derivatives of
phosphorous include phosphoric acid, phosphorous acid, phosphorus
oxychloride, phosphorus pentachloride, phosphorus tribromide, sodium
hypophosphite, tributyl phosphate, and triethyl phosphate among
others.
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PDF Brochure for more Professional and Technical insights :
Elementary
phosphorous is used in a number of pyrotechnic applications which
include luminous projectiles and fireworks. It is also deployed in
the metallurgical industry for forming metallic alloys like
phosphorous brass and for producing insecticides or as an additive in
industrial oils. Phosphoric acid is used in the cleaning of metals as
a phosphatizing agent and is also used as an additive for certain
drinks. However phosphorous has its dominant application in
fertilizers. It is an essential plant nutrient and is often used as a
limiting nutrient for many crops.
Phosphorous
is used widely for the production of organophosphotous compounds and
these compounds have various applications such as flame retardants,
water treatment, plasticizers and pesticides among others.
Phosphorous is a vital component for steel production. In addition,
phosphoric acid which is made from phosphorous is used for certain
food applications, such as in aerated drinks. A derivative of
phosphoric acid name sodium tripolyphosphate is used in detergents,
but this is banned in a few countries.
The
factors which are primarily driving the phosphorus & derivatives
market are increasing demand for water treatment, development and
introduction of halogen free flame retardants (HFFR) and increase in
the usage of bio-fuels. A paradigm shift to halogen free from
halogenated flame retardants such as organophoshorus flame retardants
is positively impacting the market growth. Growing needs of crops to
meet the food requirements of the increasing population is largely
boosting the growth of the market. Furthermore, decreasing arable
land and increase in demand for vital nutrients for body functioning
is also fuelling the growth of the global market. However,
deteriorating quality of phosphate rock, stringent regulations on
usage of phosphates in detergents and conservation of resources are
the major factors that are restraining this market. The usage of
phosphorous in batteries for electric vehicle such as rechargeable
lithium iron phosphate batteries is presenting potential growth
opportunities to the global market.
The
global phosphorus & derivatives market can be bifurcated on the
basis of product type into ammonium phosphates, phosphorus pentoxide,
purified phosphoric acid, phosphorus pentasulfide, industrial
phosphates and phosphorus pentasulfide. The global market can be
classified on the basis of application into fertilizers, detergents,
metal finishing, water treatment chemicals, food industry and flame
retardant material. In addition, the market can be geographically
divided into five broad regions, namely: North America, Europe, Asia
Pacific (APAC), Middle East and Africa (MEA) and Latin America. The
market is witnessing steady growth in Asia Pacific and this region is
expected to hold the largest share of the global market during the
forecast period owing to the high production and consumption of
ammonia phosphate in Asia.
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Market Research Report with ToC & Analysis :
Some
of the major players of the phosphorus & derivatives market are
Agrium Inc, Yara International ASA, Mosaic Co, Eurochem, Innophos
Holdings, Inc., Akron OAO, United Phosphorus Limited, CF Industries
Holdings, Inc, Lanxess AG and Israel Chemical Ltd. among others.
This
research report analyzes this market on the basis of its market
segments, major geographies, and current market trends.
Geographies
analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Middle East and Africa
- Latin America
This
report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
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Us
Transparency
Market Research (TMR) is a market intelligence company, providing
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and analyze information.
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data repository is continuously updated and revised by a team of
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Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
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