The global sodium hypophosphite market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of this market can be attributed to the increasing demand for sodium hypophosphite in various industries such as electronics, chemical and pharmaceuticals, and others. Sodium hypophosphite is used as an oxidizing agent in various industries such as electronics, chemical and pharmaceuticals, and others. It is also used in the production of phosphoric acid which is used in various applications such as food additives or preservatives for beverages or food products; textile dyes; metal cleaners; water treatment chemicals; agricultural chemicals; and others.
Electronic Grade: The electronic grade segment accounted for the largest share of the global sodium hypophosphite market in 2017 owing to its use as an oxidizing agent in electronic industry applications such as semiconductor manufacturing process equipment cleaning solutions or etching solutions among others.
Industrial Grade: The industrial grade segment accounted for a significant share of the global sodium hypophosphite market owing to its use across various industries including chemical & pharmaceutics industry where it is used primarily as a raw material for phosphoric acid production among other applications like metal cleaners, water treatment chemicals etc; agricultural chemicals where it acts as an intermediate product during phosphate fertilizer production process among other uses like weed killers etc; textile dyeing where it acts both a mordant (a substance that fixes dyes) and bleach activator among other uses like fabric softener etc; food additives or preservatives where it acts both an antioxidant (a substance that prevents oxidation) and stabilizer among other uses like meat tenderizer etc; beverage products where it acts both a pH regulator (a substance that maintains pH balance) and clarifier among other uses like wine fining agents etc, while being one of many ingredients present in beer making process along with hops yeast malt sugar water salt carbon dioxide gas nitrogen gas argon gas sulphur dioxide gas carbon monoxide gas hydrogen sulfide gas ammonia hydroxide hydrosulfuric acid hydrochloric acid hydrofluoric acid nitric acid nitrous oxide oxygen peroxide ozone sulfur dioxide chlorine fluorine bromine iodine selenium tellurium xenon krypton xenobiotics biocides fungicides herbicides insecticides rodenticides pesticides bacteriocides antivirals antibiotics antifungals antiparasitics antihelminths antimalarials antipsychotics antidepressants anxiolytics antihistamines anticonvulsants analgesics anti-inflammatory drugs bronchodilators bronchodilator drugs cardiac glycosides cardiotonics cardiotonic drugs cardioactive drugs cardiovascular agents vasoconstrictors vasoconstrictor drugs central nervous system stimulants central nervous system stimulant drugs sedatives hypnotics hypnotic drug sleep aids tranquilizers tranquilizer drug psychotherapeutic agents psychotherapeutic drug respiratory agents respiratory agent drug urinary tract agents urinary tract agent drug uterotonic agents uterotonic drug erythropoietin erythropoietin hormone hematopoietin hematopoietin hormone hormones hormones sex hormones sex hormone progestins progesterone progestogen estrogens estradiol estriol testosterone testosterone esters cortisone cortisone acetate cortisone butyrate cortisone cypionate cortisone enanthate cortisone hexanoate dexamethasone dexamethasome dipropionate prednisolne prednisolne acetate prednisolne butyrate prednisolne cypionate prednisolne enanthrate prednisolne hexanoates triamcinolon triamcinolon acetonide triamcinolon benetonide triamcinolon hexacetonide.
Some Of The Growth Factors Of This Market:
- Sodium hypophosphite is used in the production of phosphoric acid, which is a raw material for the production of phosphate fertilizers.
- The demand for sodium hypophosphite is expected to increase due to its use in the production of phosphoric acid and phosphate fertilizers.
- The price of sodium hypophosphite has been increasing over the past few years due to increased demand and limited supply from China, which produces about 90% of global supply.
- Sodium hypophosphite has been classified by IARC (International Agency for Research on Cancer) under Group 3: not classifiable with respect to carcinogenicity to humans.
Industry Growth Insights published a new data on “Sodium Hypophosphite Market”. The research report is titled “Sodium Hypophosphite Market research by Types (Electronic Grade, Industrial Grade), By Applications (Electronics Industry, Chemica & Pharmaceutics Industry, Others), By Players/Companies Hubei Xingfa Chemicals Group, Solvay, Changshu New-Tech Chemicals, Jiangxi Fuerxin Pharmaceutical & Chemical, Jiangsu Kangxiang Industrial Group, Zhejiang Zengxin Chemistry Co.,Ltd, Hubei Lianxing Chemical, Febex SA (Arkema)”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Sodium Hypophosphite Market Research Report
By Type
Electronic Grade, Industrial Grade
By Application
Electronics Industry, Chemica & Pharmaceutics Industry, Others
By Companies
Hubei Xingfa Chemicals Group, Solvay, Changshu New-Tech Chemicals, Jiangxi Fuerxin Pharmaceutical & Chemical, Jiangsu Kangxiang Industrial Group, Zhejiang Zengxin Chemistry Co.,Ltd, Hubei Lianxing Chemical, Febex SA (Arkema)
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Sodium Hypophosphite Market Report Segments:
The global Sodium Hypophosphite market is segmented on the basis of:
Types
Electronic Grade, Industrial 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
Electronics Industry, Chemica & Pharmaceutics Industry, 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:
- Hubei Xingfa Chemicals Group
- Solvay
- Changshu New-Tech Chemicals
- Jiangxi Fuerxin Pharmaceutical & Chemical
- Jiangsu Kangxiang Industrial Group
- Zhejiang Zengxin Chemistry Co.,Ltd
- Hubei Lianxing Chemical
- Febex SA (Arkema)
Highlights of The Sodium Hypophosphite 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:
- Electronic Grade
- Industrial Grade
- By Application:
- Electronics Industry
- Chemica & Pharmaceutics Industry
- 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 Sodium Hypophosphite 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?
Sodium hypophosphite is a white crystalline powder that is used as a food additive. It helps to prevent spoilage and makes food taste better.
Some of the major companies in the sodium hypophosphite market are Hubei Xingfa Chemicals Group, Solvay, Changshu New-Tech Chemicals, Jiangxi Fuerxin Pharmaceutical & Chemical, Jiangsu Kangxiang Industrial Group, Zhejiang Zengxin Chemistry Co.,Ltd, Hubei Lianxing Chemical, Febex SA (Arkema).
The sodium hypophosphite market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Sodium Hypophosphite Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Sodium Hypophosphite Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Sodium Hypophosphite Market - Supply Chain
4.5. Global Sodium Hypophosphite Market Forecast
4.5.1. Sodium Hypophosphite Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Sodium Hypophosphite Market Size (000 Units) and Y-o-Y Growth
4.5.3. Sodium Hypophosphite Market Absolute $ Opportunity
5. Global Sodium Hypophosphite Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Sodium Hypophosphite Market Size and Volume Forecast by Type
5.3.1. Electronic Grade
5.3.2. Industrial Grade
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Sodium Hypophosphite Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Sodium Hypophosphite Market Size and Volume Forecast by Application
6.3.1. Electronics Industry
6.3.2. Chemica & Pharmaceutics Industry
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Sodium Hypophosphite Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Sodium Hypophosphite Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Sodium Hypophosphite Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Sodium Hypophosphite Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Sodium Hypophosphite Demand Share Forecast, 2019-2026
9. North America Sodium Hypophosphite Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Sodium Hypophosphite Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Sodium Hypophosphite Market Size and Volume Forecast by Application
9.4.1. Electronics Industry
9.4.2. Chemica & Pharmaceutics Industry
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Sodium Hypophosphite Market Size and Volume Forecast by Type
9.7.1. Electronic Grade
9.7.2. Industrial Grade
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Sodium Hypophosphite Demand Share Forecast, 2019-2026
10. Latin America Sodium Hypophosphite Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Sodium Hypophosphite Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Sodium Hypophosphite Market Size and Volume Forecast by Application
10.4.1. Electronics Industry
10.4.2. Chemica & Pharmaceutics Industry
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Sodium Hypophosphite Market Size and Volume Forecast by Type
10.7.1. Electronic Grade
10.7.2. Industrial Grade
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Sodium Hypophosphite Demand Share Forecast, 2019-2026
11. Europe Sodium Hypophosphite Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Sodium Hypophosphite Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Sodium Hypophosphite Market Size and Volume Forecast by Application
11.4.1. Electronics Industry
11.4.2. Chemica & Pharmaceutics Industry
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Sodium Hypophosphite Market Size and Volume Forecast by Type
11.7.1. Electronic Grade
11.7.2. Industrial Grade
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Sodium Hypophosphite Demand Share, 2019-2026
12. Asia Pacific Sodium Hypophosphite Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Sodium Hypophosphite Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Sodium Hypophosphite Market Size and Volume Forecast by Application
12.4.1. Electronics Industry
12.4.2. Chemica & Pharmaceutics Industry
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Sodium Hypophosphite Market Size and Volume Forecast by Type
12.7.1. Electronic Grade
12.7.2. Industrial Grade
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Sodium Hypophosphite Demand Share, 2019-2026
13. Middle East & Africa Sodium Hypophosphite Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Sodium Hypophosphite Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Sodium Hypophosphite Market Size and Volume Forecast by Application
13.4.1. Electronics Industry
13.4.2. Chemica & Pharmaceutics Industry
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Sodium Hypophosphite Market Size and Volume Forecast by Type
13.7.1. Electronic Grade
13.7.2. Industrial Grade
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Sodium Hypophosphite Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Sodium Hypophosphite Market: Market Share Analysis
14.2. Sodium Hypophosphite Distributors and Customers
14.3. Sodium Hypophosphite Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Hubei Xingfa Chemicals Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Solvay
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Changshu New-Tech Chemicals
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Jiangxi Fuerxin Pharmaceutical & Chemical
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Jiangsu Kangxiang Industrial Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Zhejiang Zengxin Chemistry Co.,Ltd
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Hubei Lianxing Chemical
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Febex SA (Arkema)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
