H1 2023: In H1 2023, the Asia Pacific region was found as the largest consumer of Phosphonate. During Q1 2023, the Chinese Phosphonate market demonstrated a bullish pricing trajectory. In the initial month, prices experienced an upswing due to limited availability and heightened cost support from upstream Yellow phosphorus. February saw a surge in prices, driven by the recommencement of manufacturing operations in China and accelerated demand from the water treatment and cleaning sectors. The positive momentum continued in March as Chinese consumers increased procurement. Throughout this period, the product's overall supply remained sufficient, and Chinese manufacturers maintained optimum production rates. April onwards, Indian and Chinese phosphonate markets experienced a bearish trend. This decline was linked to reduced production costs, primarily influenced by weaker cost support from upstream raw materials. Upstream yellow phosphorus prices dropped further in June, contributing to overall lower manufacturing expenses. Supply chain operations ran smoothly in April-June in India. Phosphonate prices followed this downward trend as the demand dynamics in the detergent and cleaning industries dwindled in June 2023 in the Indian market. In the North American market during Q1 2023, the Phosphonate market experienced a varied pricing trend. Positive market sentiments prevailed for the product in March 2023, driven by heightened production rates and increased demand from the downstream cleaning and water treatment industries. However, April onwards, the phosphonate market in the United States demonstrated consistent growth, propelled by strong demand from pivotal end-use sectors. The water treatment sector emerged as a significant consumer of phosphonates. Concurrently, the demand for phosphonates in the detergent and cleaning industry experienced steady and sustained growth in the US till June 2023.
The global Phosphonate market stood at approximately 600 thousand tonnes in 2022 and is anticipated to grow at a CAGR of 4.5% during the forecast period until 2032. Phosphonates constitute a category of compounds known for their chelating and scale inhibiting properties, sharing the characteristic phosphonic acid group in their structure. Phosphonates or phosphonic acids are organophosphorus compounds containing C−PO(OH)2 or C−PO(OR)2 groups, where R represents alkyl or aryl. Typically managed as salts, phosphonic acids are commonly non-volatile solids with limited solubility in organic solvents but are soluble in water and common alcohols. They find application in diverse sectors, including household and industrial cleaning products, personal care items, and water treatment additives, showcasing their versatility in various formulations.
Phosphonates, characterized by the presence of a phosphorus-carbon bond, have diverse applications spanning multiple industries. In water treatment, they function as scale and corrosion inhibitors, safeguarding cooling water systems and boilers by preventing scale formation and corrosion on metal surfaces. These compounds are pivotal in detergents and cleaners, acting as chelating agents that enhance cleaning efficiency by binding to metal ions. In agriculture, phosphonates serve as plant growth regulators and fertilizer components, promoting nutrient uptake and fostering healthier plant development. The oil and gas industry utilizes phosphonates as scale inhibitors, preventing the deposition of scale-forming minerals in equipment. Additionally, these compounds find application in metal treatment processes, where they act as corrosion inhibitors. In cleaning products, household and industrial cleaners benefit from phosphonates to prevent scale buildup. Their role extends to the personal care industry, where certain phosphonates contribute chelating and sequestering properties to cosmetics and shampoos.
On the basis of type, the Phosphonate is divided into- ATMP, HEDP, and DTPMP. Hydroxyethylidene Diphosphonic acid (HEDP) serves as a phosphonate in applications related to water treatment and cleaning, functioning as a chelating agent, scale inhibitor, and corrosion inhibitor. Industries such as boiler, cooling, and reverse osmosis water treatment, metalworking, textile processing, and oilfields extensively utilize HEDP. Additionally, it features in cleansers and detergents for both industrial and household purposes. Aminotriphosphate (ATMP) is characterized by its nitrogen-containing structure and capacity to trap metal ions, rendering it valuable in water treatment across diverse sectors like oil and gas, mining, and power generation. Similarly, Diethylenetriaminepenta (methylene phosphonic acid) (DTPMP) functions as a chelating agent, scale inhibitor, and corrosion inhibitor in water treatment applications, including boiler water, cooling water, and wastewater treatment. DTPMP, available as a water-insoluble white powder or granules, undergoes degradation in water to produce orthophosphate.
The global demand for Phosphonate is experiencing significant growth, primarily driven by increased need from Water Treatment sector. Phosphonates, exemplified by HEDP, are extensively employed as scale inhibitors in industrial water treatment processes, preventing scale and dirt formation. Organic phosphonate scale inhibitors, including HEDP, DTPMP, and phosphonic acid products like ATMP, are integral in water treatment due to their low scale and corrosion-inhibiting effects on steel. The escalating demand for water treatment is fuelled by industrial water needs and evolving government regulations to curb water pollution, with global water scarcity intensifying. In the cleaners and detergents industry, phosphonates serve as crucial components, offering benefits like complexing and anti-redeposition in laundry detergents. Increased per capita spending on cleaning products, driven by health-conscious lifestyles and hygiene concerns, has led to a surge in demand for laundry detergents. Consequently, the demand for phosphonates from detergents and industrial cleansers is expected to rise in the forecast period. The global Phosphonate market is anticipated to reach nearly 935 thousand tonnes by 2032.
Based on region, Asia Pacific region is the biggest consumer of Phosphonate. The Asia Pacific region is positioned as the predominant market for phosphonates, driven by robust industrialization in water treatment, agriculture, and manufacturing sectors. The strategic deployment of phosphonates for scale inhibition and corrosion prevention in these industries is fuelling substantial demand. The region faces escalating water scarcity challenges, accentuating the imperative for water treatment, where phosphonates play a pivotal role in averting scale and corrosion in industrial processes. Concurrently, the flourishing cleaning and detergent industry, a key phosphonate consumer, is experiencing notable growth in the Asia Pacific. This growth is propelled by evolving lifestyles, urbanization trends, and heightened awareness of hygiene practices. The confluence of industrial expansion, water management imperatives, and the thriving cleaning sector solidifies the Asia Pacific's standing as the primary and rapidly expanding market for phosphonates, presenting lucrative opportunities for businesses in the region.
Based on the end-user industry, the global Phosphonate market is divided into Water Treatment, Detergent and Cleaning Agents, Oil & Gas, Pharmaceuticals, Construction, and Others. Among these, Water Treatment industry is the major segments and held approximately 35% of the global Phosphonate market in the year 2022.
Major players in the Global Phosphonate market are Aquapharm Chemical Pvt Ltd, Biesterfeld AG, Changzhou Kewei Fine Chemicals Co. Ltd, Excel Industries, Henan Qingshuiyuan Technology, Italmatch AWS, IRO Group, Jiangsu Yuanquan Hongguang Environmental, LANXESS, MKS DevO Chemicals, Bozzetto Group, Protection Technology Co. Ltd, Shandong Taihe Water Treatment Technologies Co. Ltd, and Shandong Xintai Water Treatment Technology Co. Ltd.
Years considered for this report:
Historical Period: 2015- 2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2024-2032
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Objective of the Study:
• To assess the demand-supply scenario of Phosphonate which covers production, demand and supply of Phosphonate market in the globe.
• To analyse and forecast the market size of Phosphonate
• To classify and forecast Global Phosphonate market based on end-use and regional distribution.
• To examine competitive developments such as expansions, mergers & acquisitions, etc., of Phosphonate market in the globe.
To extract data for Global Phosphonate market, primary research surveys were conducted with Phosphonate manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for Global Phosphonate market over the coming years.
ChemAnalyst calculated Phosphonate demand in the globe by analyzing the historical data and demand forecast which was carried out considering the production of raw material to produce Phosphonate. ChemAnalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• Phosphonate manufacturers and other stakeholders
• Organizations, forums and alliances related to Phosphonate distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Phosphonate manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, Global Phosphonate market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
Details
Market size Volume in 2022
600 thousand tonnes
Market size Volume in 2032
930 thousand tonnes
Growth Rate
CAGR of 4.5% from 2023 to 2032
Base year for estimation
2023
Historic Data
2015 – 2022
Forecast period
2024 – 2032
Quantitative units
Demand in thousand tonnes and CAGR from 2023 to 2032
Report coverage
Industry Market Size, Capacity by Company, Capacity by Location, Operating Efficiency, Production by Company, Demand by End- Use, Demand by Type, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Company Share, Manufacturing Process.
Segments covered
By End-Use: (Water Treatment, Detergent and Cleaning Agents, Oil & Gas. Pharmaceuticals, Construction, and Others)
By Sales Channel: (Direct Sale and Indirect Sale)
Regional scope
North America, Europe, Asia Pacific, Middle East and Africa, and South America.
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Market Data & Insights
Table of Content
1. Industry Market Size
It is an essential metric for market analysis, as it provides insights into the overall size and growth potential of Phosphonate market in terms of value and volume.
2. Capacity By Company
On our online platform, you can stay up to date with essential manufacturers and their current and future operation capacity on a practically real-time basis for Phosphonate.
3. Capacity By Location
To better understand the regional supply of Phosphonate by analyzing its manufacturers' location-based capacity.
4. Plant Operating Efficiency
To determine what percentage manufacturers are operating their plants or how much capacity is being currently used.
5. Production By Company [Quarterly Update]
Study the historical annual production of Phosphonate by the leading players and forecast how it will grow in the coming years.
6. Demand by Type
Learn about the various types of Phosphonates: ATMP, HEDP, and DTPMP, and their demands. It will allow you to choose which Type to concentrate on when designing your strategy.
7. Demand by End- Use [Quarterly Update]
Discover which end-user industry (Water Treatment, Detergent and Cleaning Agents, Oil & Gas. Pharmaceuticals, Construction, and Others) are creating a market and the forecast for the growth of the Phosphonate market.
8. Demand by Region
Analyzing the change in demand of Phosphonate in different regions, i.e., North America, Europe, Asia Pacific, Middle East and Africa, and South America, that can direct you in mapping the regional demand.
9. Demand by Sales Channel (Direct and Indirect)
Multiple channels are used to sell Phosphonate. Our sales channel will help in analyzing whether distributors and dealers or direct sales make up most of the industry's sales.
10. Demand-Supply Gap
Determine the supply-demand gap to gain information about the trade surplus or deficiency of Phosphonate.
11. Company Share
Figure out what proportion of the market share of Phosphonate is currently held by leading players across the globe.
12. Manufacturing Process
Discover insights into the intricate manufacturing process of Phosphonate.
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of force majeure, affects the plant's operating rate for the given duration. Disruption tracker gives a clear insight
into the worldwide outages affecting the commodity of interest. With every shutdown, it also reflects the impact on
supply of the product in the market at a Global level.
What was the net market size of Phosphonate in terms of volume in 2022?
Ans:
The global market size of Phosphonate had reached approximately 600 thousand tonnes in 2022.
Q2.
Which region is the major consumer of Phosphonate?
Ans:
Asia Pacific region is the leading consumer of Phosphonate globally.
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