Now Available Hypophosphorous Acid Market Forecast and Growth 2018 to 2028
Posted by ankush Nikam on September 12th, 2019
Hypophosphorous Acid, molecular formula:- H3PO2, is a colourless phosphorus oxo-acid compound. Hypophosphorous Acid is act as a strong reducing agents. Generally, production of conventional hypophosphorous acid is carried out by a metathesis method or an ion exchange resin method. Hypophosphorous Acid is stable compound under normal condition, however, after heating it decomposes into phosphoric acid, hydrogen and phosphine compound. Generally, Hypophosphorous Acid are used as bleaching agent in synthetic fibers, plastics, and chemicals applications. Also, hypophosphorous acid and its derivative compounds i.e. hypophosphite salts such as calcium hypophosphite, magnesium hypophosphite, and sodium hypophosphite, among others, are prevalently used in synthesis of chemicals, pharmaceuticals, electroplating, and water treatments applications. Also, Hypophosphorous Acid is used as a decolorizing agent and stabilising agent in production of polymer and plastic compounds such as polyamides, nylon fibers, alkyd resins, polyacrilonitrile, polyester fibre, epoxies, and fatty acid esters, among others.
Hypophosphorous Acid Market: Segmentation
On the basis of grade, global Hypophosphorous Acid market is segmented into;
On the basis of Function, global Hypophosphorous Acid market is segmented into;
On the basis of end use, global Hypophosphorous Acid market is segmented into;
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Hypophosphorous Acid Market Dynamics
Over the recent past, there has been significant growth in demand for Hypophosphorous Acid across the globe. This can be attributed to increasing demand from the chemicals, polymers and pharmaceutical industry. Rise in demand for Hypophosphorous Acid as chemical intermediates, supported by its increasing utilization for producing Hypophosphite Salts, phosphinic acid and decolourisation of several chemical, among others, have been the major driving factors responsible for its growth. Furthermore, healthy growth of the pharmaceutical industry in developing countries, such as India, China, and ASEAN countries, will be a prominent factor supporting its market growth. Moreover, increasing use of hypophosphorous acid as a bleaching agent, colour stabiliser and catalyst in production of polymer and plastic products is projected to bolster its market growth. However, the fluctuating prices of raw material have directly affected the prices of hypophosphorous acid as well. Hypophosphorous acid and its salts are mainly used as reducing agents in electroplating application. With technology advancement in electronics and defence industry, demand for high purity hypophosphorous acid and its salts was increased. However, conventional production method of hypophosphorous acid and its salts are unable to cater this requirements owing to which manufacturer are emphasizing on development of new production method. Thus, the development of cost effective manufacturing techniques for hypophosphorous acid will create new opportunities for the growth of market.
Hypophosphorous Acid Market: Market Participants
Some of the major players identified across the value chain of the Global Hypophosphorous Acid market are:
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application and industry.
The report covers exhaust analysis on:
Regional analysis includes:
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Fact.MR
About the Authorankush Nikam
Joined: December 21st, 2016
Articles Posted: 4,466
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