Market Overview:
The global hypophosphorus acid market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for pharmaceutical grade hypophosphorus acid from the pharmaceutical industry and rising demand for reducing agents in various end-use industries. In terms of volume, Asia Pacific is expected to lead the global hypophosphorus acid market during the forecast period.
Product Definition:
Hypophosphorus acid is a very weak acid that is used in many industrial processes. It can be used to make detergents, synthetic fibers, and other chemicals.
Industrial Grade:
Industrial grade hypophosphorus acid is a colorless and highly corrosive liquid with a strong odor. It is used as an ingredient in the production of several chemicals such as detergents, herbicides, insecticides, and fungicides. The product finds major applications in agriculture sector for its usage during the early stages of plant growth to prevent yellowing of leaves caused by lack of nutrients.
Pharmaceutical Grade:
Pharmaceutical grade is used in the hypophosphorus acid market. It is a white crystalline solid and has a strong odor. The product can be manufactured using different technologies including the dry distillation process, flash evaporative process, rotary vacuum pan technology and microwave drying method. The yield of pharmaceutical-grade phosphoric acid depends on the manufacturing technology used for its production along with other factors such as feedstock quality and temperature control during processing.
Application Insights:
Pharmaceutical application dominated the global hypophosphorous acid market in terms of revenue share in 2017. This is attributed to its wide range of applications, which include reducing agent, resin, and ink/coating. The demand for hypophosphorous acid from the pharmaceutical industry is expected to witness growth on account of increasing R&D activities for finding new uses and applications for this chemical compound.
The demand from other end-use industries such as reducing agent manufacturing or metal plating is also growing at a significant rate due to its low price coupled with high efficiency. However, the product has limited scope in deactivating pesticides since it only acts as a catalyst; it does not have any direct contact with pests or plants (it can be used though).
Regional Analysis:
Asia Pacific is anticipated to be the fastest-growing region with a CAGR of XX% from 2018 to 2030 owing to increasing demand for pharmaceuticals in this region. China, India, and Japan are some of the largest markets in Asia Pacific that are expected to have a positive impact on global industry growth over the forecast period.
The market in Europe was valued at USD X million in 2017 and is projected to grow significantly over the forecast period owing to rising product demand from several end-use industries such as paints & coatings, pharmaceuticals, reducing agents for wood adhesives among others. The presence of stringent regulations aimed at maintaining human health & safety while manufacturing products is also likely boost regional growth over next eight years.
In North America, hypophosphorous acid market size was estimated at USD X million in 2017.
Growth Factors:
- Increasing demand from the end-use industries such as pharmaceuticals, agrochemicals, and others
- Growing awareness about the benefits of using phosphorous acid in various applications
- Rising investments by key players in research and development to develop new products and applications
- Expansion of production capacities by key manufacturers to cater to the growing demand for phosphorous acid globally
- Growing popularity of phosphorous acid as a green alternative to other chemical additives
Scope Of The Report
Report Attributes
Report Details
Report Title
Hypophosphorus Acid Market Research Report
By Type
Industrial Grade, Pharmaceutical Grade
By Application
Pharmaceutical, Reducing Agent, Resin, Inking, Coating, Others
By Companies
SMC Group, Arkema, Acar Kimya, Varsal, Hubei Lianxing Chemical, Qingyuan RGDC Chemicals, Jinagsu Kangxiang Industrial Group, Prasol Chemicals, SMC Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
222
Number of Tables & Figures
156
Customization Available
Yes, the report can be customized as per your need.
Global Hypophosphorus Acid Market Report Segments:
The global Hypophosphorus Acid market is segmented on the basis of:
Types
Industrial Grade, Pharmaceutical Grade
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pharmaceutical, Reducing Agent, Resin, Inking, Coating, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SMC Group
- Arkema
- Acar Kimya
- Varsal
- Hubei Lianxing Chemical
- Qingyuan RGDC Chemicals
- Jinagsu Kangxiang Industrial Group
- Prasol Chemicals
- SMC Group
Highlights of The Hypophosphorus Acid Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Industrial Grade
- Pharmaceutical Grade
- By Application:
- Pharmaceutical
- Reducing Agent
- Resin
- Inking
- Coating
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hypophosphorus Acid Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hypophosphorus acid is a white, crystalline compound that is used in the production of fertilizers and pesticides.
Some of the major players in the hypophosphorus acid market are SMC Group, Arkema, Acar Kimya, Varsal, Hubei Lianxing Chemical, Qingyuan RGDC Chemicals, Jinagsu Kangxiang Industrial Group, Prasol Chemicals, SMC Group.
The hypophosphorus acid market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hypophosphorus Acid Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hypophosphorus Acid Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hypophosphorus Acid Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hypophosphorus Acid Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hypophosphorus Acid Market Size & Forecast, 2018-2028
4.5.1 Hypophosphorus Acid Market Size and Y-o-Y Growth
4.5.2 Hypophosphorus Acid Market Absolute $ Opportunity
Chapter 5 Global Hypophosphorus Acid Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Hypophosphorus Acid Market Size Forecast by Type
5.2.1 Industrial Grade
5.2.2 Pharmaceutical Grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hypophosphorus Acid Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Hypophosphorus Acid Market Size Forecast by Applications
6.2.1 Pharmaceutical
6.2.2 Reducing Agent
6.2.3 Resin
6.2.4 Inking
6.2.5 Coating
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hypophosphorus Acid Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hypophosphorus Acid Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Hypophosphorus Acid Analysis and Forecast
9.1 Introduction
9.2 North America Hypophosphorus Acid Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Hypophosphorus Acid Market Size Forecast by Type
9.6.1 Industrial Grade
9.6.2 Pharmaceutical Grade
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Hypophosphorus Acid Market Size Forecast by Applications
9.10.1 Pharmaceutical
9.10.2 Reducing Agent
9.10.3 Resin
9.10.4 Inking
9.10.5 Coating
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Hypophosphorus Acid Analysis and Forecast
10.1 Introduction
10.2 Europe Hypophosphorus Acid Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Hypophosphorus Acid Market Size Forecast by Type
10.6.1 Industrial Grade
10.6.2 Pharmaceutical Grade
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Hypophosphorus Acid Market Size Forecast by Applications
10.10.1 Pharmaceutical
10.10.2 Reducing Agent
10.10.3 Resin
10.10.4 Inking
10.10.5 Coating
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Hypophosphorus Acid Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hypophosphorus Acid Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Hypophosphorus Acid Market Size Forecast by Type
11.6.1 Industrial Grade
11.6.2 Pharmaceutical Grade
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Hypophosphorus Acid Market Size Forecast by Applications
11.10.1 Pharmaceutical
11.10.2 Reducing Agent
11.10.3 Resin
11.10.4 Inking
11.10.5 Coating
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Hypophosphorus Acid Analysis and Forecast
12.1 Introduction
12.2 Latin America Hypophosphorus Acid Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Hypophosphorus Acid Market Size Forecast by Type
12.6.1 Industrial Grade
12.6.2 Pharmaceutical Grade
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Hypophosphorus Acid Market Size Forecast by Applications
12.10.1 Pharmaceutical
12.10.2 Reducing Agent
12.10.3 Resin
12.10.4 Inking
12.10.5 Coating
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Hypophosphorus Acid Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hypophosphorus Acid Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Hypophosphorus Acid Market Size Forecast by Type
13.6.1 Industrial Grade
13.6.2 Pharmaceutical Grade
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Hypophosphorus Acid Market Size Forecast by Applications
13.10.1 Pharmaceutical
13.10.2 Reducing Agent
13.10.3 Resin
13.10.4 Inking
13.10.5 Coating
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hypophosphorus Acid Market: Competitive Dashboard
14.2 Global Hypophosphorus Acid Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SMC Group
14.3.2 Arkema
14.3.3 Acar Kimya
14.3.4 Varsal
14.3.5 Hubei Lianxing Chemical
14.3.6 Qingyuan RGDC Chemicals
14.3.7 Jinagsu Kangxiang Industrial Group
14.3.8 Prasol Chemicals
14.3.9 SMC Group
