Title: Phosphorus & Derivatives Market - Forecast(2022 - 2027)
1Phosphorus Derivatives MarketMarket size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
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Phosphorus Derivatives market size is forecast
to reach US69.2 billion by 2026, after growing
at a CAGR of 3.1 during 2021-2026. The
industry's rapid expansion is owing to rising
demand from industries such as fertilizers,
detergents, the food sector, water treatment
chemicals, metal finishing, and halogen-free
flame retardants. The factors which are primarily
driving the demand for phosphorus derivatives
such as phosphorus tribromide, phosphorus
pentachloride, adenosine triphosphate, ammonium
phosphate, purified phosphoric acid are
increasing demand for water treatment, as well as
the development and adoption of halogen free
flame retardants (HFFR) and the use of biofuels.
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- Key Takeaways
- Asia-Pacific dominates the phosphorus
derivatives market in 2020, owing to the
increasing electrical electronics industry in
the region, which is accelerating the demand for
halogen free flame retardants. According to
Invest India, the domestic electronics market in
India to attain US400 billion by 2025. - Phosphorus is required for the development of
plants. It is ideal for application in the
initial stages of crop growth as phosphorus is
very important for the development of a proper
root system, which is also driving the market
growth.
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By Distribution Channel- Segment
Analysis Asia-Pacific region held the largest
share in the phosphorus derivatives market in
2020 up to 37, owing to the expanding
agriculture sector in the region, which is
accelerating the demand for fertilizers in the
region. According to the Australian Government
Department of Agriculture, Water, and the
Environment, The gross value of agricultural,
fisheries, and forestry production in Australia
has increased by 7 in the past 20 years in real
terms (adjusted for consumer price inflation),
from approximately US62 billion in 200001 to
US67 billion in 201920.
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- Phosphorus Derivatives Market Industry Outlook
-
- OCP S.A.
- Agrium Inc.
- BASF SE
- Mosaic Co,
- Eurochem
- Yara International ASA
- Innophos Holdings Inc.
- Akron OAO
- CF Industries Holdings, Inc.
- Israel Chemical Ltd
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Phosphorus Derivatives Market- Forecast(2021 -
2026) Learn More About the Report _at_
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s-derivatives-market.html
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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