New York, Global Phosphonates Market was valued at US$ 0.9 billion in 2021 and it is anticipated to grow up to US$ 1.6 billion by 2031, at a CAGR of 5.9% during the forecast period.
The global phosphonates market report from Global Insight Services is the single authoritative source of intelligence on Phosphonates Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Phosphonate is a nonvolatile organophosphorus compound that is poorly soluble in organic solvents but soluble in water and common alcohols. They are effective chelating agents for di- and trivalent metal ions. Additionally, they inhibit crystal growth and scale formation and are stable under harsh chemical conditions. They find End User in various end-use sectors, including textiles, oil & gas, pulp & paper, agriculture, and water treatment. Phosphonate is used to cool water and desalination systems and in oil fields to inhibit scale formation. They inhibit crystal growth and scale formation and are very stable under harsh chemical conditions. Phosphonates are also used as peroxide bleach stabilizers.
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Market Drivers and Trends
Increased population coupled with rapid urbanization has led to a shortage of potable water in both developed and developing economies, where phosphonates are widely used as corrosion inhibitors, antiscalants, chelants, sludge conditioners, deflocculants, dispersants, and crystal growth modifiers in the water treatment sector. This may act as one of the key drivers responsible for the growth of the phosphonates market. Additionally, factors such as the rise in the population of millennials, increase in fashion consciousness, and adoption of western culture among citizens of both developed and developing economies such as the U.S., China, and India have propelled the growth of the textile sector.
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Global Phosphonates Market Segmentation
By Type
- ATMP
- HEDP
- DTPMP
- BHMT
- Others
By Application
- Water Cleaner
- Scale Inhibitors
- Bleach Stabilizer
- Chelating Agents
- Concrete Additives
- Others
By End User
- Water Treatment
- Pharmaceutical
- Textile
- Oil and Gas
- Pulp and Paper
- Agriculture
- Others
By Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Major Players in the Global Phosphonates Market
The key players studied in the global phosphonates market are Acuro Organics Limited (India), APChem (US), Aquapharm Chemical Pvt. Ltd (India), Biesterfeld AG (Germany), Changzhou Kewei Fine Chemicals Co., Ltd. (KWCHEM) (China), Exago (India), Giovanni Bozzetto S.p.A. (Italy), LANXESS AG (Germany), Maxwell Additives Pvt. Ltd. (India), and Shandong Taihe Water Treatment Technologies Co., Ltd. (China).
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