Phosphorous is an ignitable nonmetal which is found in two allotropic structures in particular, white phosphorous and red phosphorous. The subsidiaries of phosphorous incorporate phosphoric corrosive, phosphorous corrosive, phosphorus oxychloride, phosphorus pentachloride, phosphorus tribromide, sodium hypophosphite, tributyl phosphate, and triethyl phosphate among others.
Elementary phosphorous is utilized in various pyrotechnic applications which incorporate radiant shots and firecrackers. It is likewise conveyed in the metallurgical business for framing metallic composites like phosphorous metal and for creating insect sprays or as an added substance in modern oils. Phosphoric corrosive is utilized in the cleaning of metals as a phosphatizing specialist and is additionally utilized as an added substance for specific beverages. Anyway phosphorous has its predominant application in manures. It is a fundamental plant supplement and is regularly utilized as a restricting supplement for some harvests. Phosphorous is utilized broadly for the development of organophosphotous compounds and these mixtures have different applications like fire retardants, water treatment, plasticizers and pesticides among others.
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ChemIntel360’s global Phosphorus & Derivatives market study is a 160+ slide report containing in-depth analysis on historical and forecasted spending and consumption patterns in the sector. We offer granular value and volume data from a global, regional, and applications perspective. The industry is expected to grow at a CAGR of 3.4% mainly due to increasing consumption of the chemical for the production of fertilizers, detergents and water treatment chemicals.
Scope
This study contains global and regional market size data - value and volume. The numbers are broken down by application (Fertilizers, Food and Beverages, Detergents, Water Treatment Chemicals, Metal Treatment, Cosmetics and Personal Care, Pharmaceuticals, and Others). The historical period runs through 2015-2020 and the forecasted period from 2021-2026.
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
Market Overview
The global Phosphorus & Derivatives market, which grew from US$X.X billion in 2015 to US$X.X billion in 2019, dropped marginally to US$71.1 billion in 2020, due to the ongoing COVID-19 pandemic. Spending is expected to recover in 2021 to value US$X.X billion and increase to US$X.X billion in 2026 at a CAGR of X.X%. Cumulatively the market is expected to value US$X.X billion during the forecast period as compared to US$X.X billion during the historical period.
The report covers the phosphorus & derivatives market and its trends for six regions, namely, Asia, Americas, Europe, Africa, Oceania, and The Middle East.
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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.
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