Title: Sodium Diethyl Dithiophosphate Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2021 - 2026
1Sodium Diethyl Dithiophosphate MarketMarket
size, Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
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- Sodium Diethyl Dithiophosphate Market size is
forecast to reach US 1.5 billion by 2026, after
growing at a CAGR of 3.5 during 2021-2026. - Along with other thiophosphates like sodium
monothiophosphate and sodium trithiophosphate,
sodium diethyl dithiophosphate is supplied as a
hydrated solid or aqueous solution. - Globally, the rising use of sodium diethyl
dithiophosphate salt as a flotation agent in
molybdenite mineral concentration from ores that
is formed by the reaction of phosphorus
pentasulfide to sodium hydroxide is estimated to
drive the market growth.
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- Key Takeaways
- Asia-pacific region dominated the sodium diethyl
dithiophosphate market due to the rising
production of cosmetics, agrochemicals, metals,
and others, in the emerging economies such as
China, India, South Korea, and Australia. - The increasing usage of sodium diethyl
dithiophosphate for the manufacturing of sodium
peroxide and sodium cyanide is further estimated
to drive the market growth. - Rapidly rising usage of thiophosphates such as
sodium diethyl dithiophosphate along with sodium
monothiophosphate for chemical manufacturing
owing to its very reactive nature is anticipated
to raise.
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By Distribution Channel- Segment
Analysis Agrochemicals sector held the largest
share in the sodium diethyl dithiophosphate
market in 2020 and is projected to grow at a CAGR
of 3 during 2021-2026. In the agrochemicals or
fertilizer industry sodium diethyl
dithiophosphate is increasingly being used.
Sodium diethyl dithiophosphate substances are
used in agrochemicals such as pesticides,
insecticides, and others, for preventing,
destroying or mitigating pests. The increasing
production of fertilizers is thus anticipated to
drive the growth of the sodium diethyl
dithiophosphate.
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- Sodium Diethyl Dithiophosphate Market Outlook
- Angene International Limited
- Advanced Technology Industrial Co, Ltd.
- Boc Science
- A.B.Enterprises
- Haihang Industry Co, Ltd.
- International Laboratory USA
- Jinan Haohua Industry Co, Ltd.
- Conier Chem Pharma Limited
- Neostar United Industrial Co, Ltd
- Simagchem Corporation
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Sodium Diethyl Dithiophosphate Market - Industry
Analysis, Market Size, Share, Trends, Application
Analysis, Growth And Forecast 2021 - 2026 Learn
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