Global Phosphonate 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 Phosphonate market finds that the global Phosphonate market reached a value of USD 1059.13 million in 2022. It’s expected that the market will achieve USD 1513.99 million by 2028, exhibiting a CAGR of 6.14% during the forecast period.
Market Drivers, Trends and Issues
Competition between suppliers will increase during the forecast period. Suppliers will provide market competitive advantage through pricing and product quality. During the forecast period, we expect competition to increase as production volumes increase.
Technological innovations have an important role in driving the growth of the market. To sustain in the competitive market, vendors should develop new ideas and technologies and stay up-to-date with the advanced technologies.
With the development of the economy and the global population growth, the downstream industry of phosphate is also developing. The development of industrial water treatment, paper industry, textile industry and medicine have all driven the increase in demand for phosphate esters and promoted the development of the phosphate product market.
Region Overview:From 2023-2028, China is estimated to witness robust growth prospects.
Company Overview:The top three companies are Italmatch Chemicals, Shandong Taihe Water Treatment Technologies, Qingshuiyuan Technology with the revenue market share of 14.80%, 13.89% and 10.83% in 2018.
Italmatch is a global specialty chemicals group that markets the lubricants, water and oils, detergents, plastic additives, phosphorus derivatives (organic and inorganic), polymers, esters and chlorides (from synthetic products to fully natural products) and Leading position in the technical field.
Shandong Taihe Water Treatment Technology Co., Ltd. is committed to the development of environmentally friendly water treatment chemicals and the improvement of manufacturing technology, and has obtained a number of independent intellectual property rights, and achieved continuous, large-scale results. Scale and intelligent manufacturing technology for water treatment chemicals. Today, we have more than 10 automated workshops that produce hundreds of chemicals in a wide range of products. In addition to adequate water treatment industry supply, the company's products are also widely used in oil fields, detergents, textile printing and dyeing, paper, electronic cleaning and other fields.
Segmentation Overview:Among different product types, HEDP segment is anticipated to contribute the largest market share in 2028.
Application Overview:By application, the Water Treatment segment occupied the biggest share from 2018 to 2022.
Key Companies in the global Phosphonate market covered in Chapter 3:Shandong Xintai Water Treatment Technology
Qingshuiyuan Technology
Zschimmer & Schwarz
Zaozhuang Kerui Chemicals
Bozzetto Group
Italmatch Chemicals
Changzhou Yuanquan Hongguang Chemical
Aquapharm Chemicals
Excel Industries
Changzhou Kewei Fine Chemicals
Zeel Product
Shandong Taihe Water Treatment Technologies
In Chapter 4 and Chapter 14.2, on the basis of types, the Phosphonate market from 2018 to 2029 is primarily split into:ATMP
HEDP
DTPMP
Other
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Phosphonate market from 2018 to 2029 covers:Water Treatment
I&I Cleaner
Others
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)