What is Inorganic Phosphorous Derivatives?
Every known form of life requires inorganic phosphorus. Metal phosphates, phosphides, oxides, halides, and oxyacids are only a few of the compounds formed by phosphorus. They play an important function in biological molecules as phosphates. The majority of phosphorus-containing chemicals are utilised as fertilisers. The major source of phosphates used in detergents and other non-fertilizer uses is phosphoric acid. Calcium phosphate salts aid in bone hardening. Commercially important acids include phosphorus oxoacids (hypophosphorous acid, phosphorous acid, and phosphoric acid). Phosphoric acid is utilised in the preparation of buffer solutions as well as as a catalyst in a variety of processes. Globally Asia Pacific is the leading market of inorganic phosphorus derivatives.
The market study is broken down by Type (Hypophosphite, Phosphates, Phosphorus Chlorides, Phosphorous Trichloride, Phosphorous Oxychloride, Phosphorous Pentachloride and Others), by Application (Water Treatment Chemicals, Metal Finishing, Fertilizers, Detergents, Food Supplements and Others) and major geographies with country level break-up.
Growing population around the world has led to increasing pressure mounted on the agriculture sector to produce higher quantity of produce in a shorter period of time. To increase the yield and crop cycle, the agriculture sector has stimulated high growth of the inorganic phosphorus derivatives. Currently, the Asia Pacific market is expected to be the leading market in the demand for inorganic phosphorus derivatives. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Italmatch Chemicals S.p.A. (Italy), The Mosaic Company (United States), Febex SA (Switzerland), Vital Group (Canada), PCC SE (Germany), Azelis Holding S.A. (Luxembourg), Innophos Holdings, Inc. (United States), Lanxess AG (Germany), Honeywell International Inc. (United States) and ICL Specialty Fertilizers (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are OCP Group (Morocco), Eurochem (Russia) and Yara International ASA (Norway).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Inorganic Phosphorous Derivatives market by Type, Application and Region.
On the basis of geography, the market of Inorganic Phosphorous Derivatives has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Direct will boost the Inorganic Phosphorous Derivatives market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Chemicals will boost the Inorganic Phosphorous Derivatives market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In 2018, Lanxess AG, the German multinational specialty chemicals company has announced completion of acquisition of Solvay S.A.’s phosphorus derivative business based in the United States. Solvay S.A. is a Belgium based multinational company which had a production site at Charleston, South Carolina situated in United States. The acquisition was valued at USD 76.4 million. The Acquisition is said to consolidate Lanxess market standing in North American market.
Market Trend
- Fertilizers and Feed Accounts for Significant Market Share
Market Drivers
- Globally Growing Demand for Life Stocks
- Rising Demand for Fertilizers as the Requirement for Higher Yield Increases
- Increasing Population is leading to Growing Demand for Food
Opportunities
- Strategic Acquisitions and Partnerships can Aid Avail New Opportunities
Restraints
- Presence of Counterfeit Products in Market
Challenges
- Emergence of Stringent Regulations on Use of inorganic phosphorous derivatives pertaining to Rising Consciousness about Environment and Sustainability
Key Target Audience
Inorganic Phosphorous Derivatives Manufacturers, Suppliers and Distributors, Raw Material Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.