Global Elemental Phosphorus Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Elemental Phosphorus Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Elemental Phosphorus market finds that the global Elemental Phosphorus market reached a value of USD 2770.27 million in 2022. It’s expected that the market will achieve USD 3403.0 million by 2028, exhibiting a CAGR of 3.49% during the forecast period.

Increasingly strict environmental policies

Environmental protection is a serious problem in the phosphorus chemical industry. Direct exhaust gas emissions and phosphorus slag and phosphorus sludge can cause environmental pollution. With the continuous tightening of environmental protection policies, enterprises may need to spend more money on filter residue and wastewater treatment, which may increase the burden on enterprises, especially SMEs. In addition, environmental policies have a great impact on downstream industries. In the fertilizer and pesticide industries, many small and medium-sized enterprises face the threat of production suspension due to non-compliance with environmental protection regulations, which will also have a certain adverse impact on the elemental phosphorus market.

Price fluctuations of raw materials

Global phosphate rock resources are abundant and highly guaranteed, but the distribution and output of resources are extremely uneven. At present, global phosphate rock resource supply centers are gradually shifting from North America, East Asia and other regions to North Africa and the Middle East. With the tightening of environmental protection policies, the mining rate in many areas is decreasing. The price of phosphate rock will also fluctuate with the change of supply relationship. Fluctuations in raw material prices may have some adverse effects on the elemental phosphorus market.

Rising industry concentration

The development of elemental phosphorus industry should be scaled and refined. Relevant enterprises need to further adjust the production layout, rationally allocate resources, continue to strengthen the construction of bases in major raw material producing areas, encourage the combination of mineralization, and encourage the development of high-tech fine phosphorus chemical industry to rationally allocate resources and overcome the long-distance transportation of raw materials and ore. The price of products is scattered and the scale of the enterprise is small to achieve the best economic benefits. With the improvement of the elemental phosphorus industry chain, the product market will also usher in new development opportunities.

Region Overview:

China dominated the Elemental Phosphorus market in 2022, with a market share of 76.36%.

Company Overview:

Chengxing Group is one of the major players operating in the Elemental Phosphorus market, holding a share of 11.2% in 2023.

Chengxing Group

Chengxing Group was founded in 1984. Its products cover the fields of fine phosphorous chemical industry, fine coal chemical industry, petrochemical industry (PET, PTA), electronic chemicals, liquid chemical storage and logistics, international trade, financial investment, modern service industry, etc.

Monsanto Co. (Bayer)

Monsanto Company provides agricultural products. The Company offers corn, soybean, cotton, wheat, sorghum, and vegetable seeds.

Segmentation Overview:

Among different product types, White phospho segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Fertilizers segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Elemental Phosphorus market covered in Chapter 3:

Wintrue Holding
Yunnan Phosphorus Group Co., Ltd.
Yunnan Phosphorus Chemicals (Group) Corporation Ltd.
Yunnan Chengjiang Huaye Phosphorus Chemicals Co Ltd
Guizhou Qianneng Tianhe Phosphate Co., Ltd
GUIZHOU KAILIN(GROUP) CO., LTD
Kazphosphate
Monsanto Co.
XingFa Chemical Group
Chengxing Group
Sichuan Chuantou Chemical Industry Group Co.,Ltd.

In Chapter 4 and Chapter 14.2, on the basis of types, the Elemental Phosphorus market from 2018 to 2029 is primarily split into:

White phosphorus
Red phosphorus

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Elemental Phosphorus market from 2018 to 2029 covers:

Detergents
Water treatment
Flame retardants
Batteries
Chemical intermediates
Fertilizers

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)