Global phosphonate Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The market is segmented by type (ATMP, HEDP, DTPMP, and Other Types ), End-user Industry (Detergent and Cleaning Agent, Water Treatment, Oil field chemicals, Cosmetics, Building Materials, and Other End-user Industries ), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report offers market size and forecasts for Phosphonate Market in revenue (USD Million) for all the above segments.

Market Snapshot

phosphonate Market Size
Study Period: 2017-2027
Base Year: 2021
Fastest Growing Market: Asia-Pacific
Largest Market: North America
CAGR: 4.58 %

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Market Overview

The global phosphonate market is estimated to be USD 901.84 million in 2022 and is expected to grow at a CAGR of 4.58% during the forecast period.

  • Wide applications of Phosphonates in the water treatment industry and rapid growth of the cleaners and detergents industry are the major factors driving the demand for the market studied.
  • On the flip side, environmental impact due to its non-degradable nature is expected to hinder the market's growth.
  • Emerging applications of phosphonates in pro-drugs and nano-porous phosphonates are expected to provide new opportunities for the market studied.

Scope of the Report

Phosphonates are powerful complexing agents used in bleach-containing detergents to keep them from catalytic breakdown due to heavy metal residues. The market is segmented by types (ATMP, HEDP, DTPMP, and Other Types ), End-user Industry (Detergent and Cleaning Agent, Water Treatment, Oil field chemicals, Cosmetics, Building Materials, and Other End-user Industries ), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report also covers the market size and forecasts for the phosphonate market in 15 countries across major regions. For each segment, the market sizing and forecasts have been done based on revenue (USD Million).

Tpes
ATMP
HEDP
DTPMP
Other Types
End-user Industry
Detergent and Cleaning Agent
Water Treatment
Oil field chemicals
Cosmetics
Building Materials
Other End-user Industries
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
France
United Kingdom
Italy
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa

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Key Market Trends

Increasing demand in the water treatment industry

  • Chemical water treatment is a chemical technique that uses chemicals to eliminate and prevent scaling, reduce corrosion, kill bacteria and algae, and purify water. There are three main types of water treatment chemicals: flocculants, biocides, and scale inhibitors.
  • HEDP phosphonate is commonly used as a chemical additive in various industrial water treatment processes; HEDP is one type of scale inhibitor that can prevent scale and dirt.
  • Compared to other scale inhibitors, HEDP has many advantages: it provides excellent dirt resistance, low pollution, good dissolution, and good synergy.
  • Increasing water requirements from the industrial sector and changing government regulations to prevent water pollution and control action plans have increased the demand for water treatment in recent years.
  • With rising water scarcity and less resources, the demand for water treatment is increasing globally, which will provide a huge market for Phosphonates in the forecast period.
phosphonate Market Growth

Asia-Pacific to Dominate the Global Market

  • Asia-Pacific dominated the global market. With the increase in usage of water in countries such as China, India, and Japan, the consumption of phosphonate is increasing in the region.
  • The phosphonate market is anticipated to witness growth in China owing to the increasing product demand in industries such as detergent and cleaning agents, water treatment, oil field chemicals, cosmetics, building materials, and others.
  • Tiles and wood floorings are common in China, thus necessitating the use of high-quality floor cleaner products in the wake of rising COVID-related hygiene awareness. Such trends are projected to boost the demand for detergent and cleaning agents in the country.
  • India is one of the largest producers and suppliers of detergent globally. In addition to this, the demand for fabric detergents in India is mainly driven by the rising penetration of washing machines. This, in turn, has been increasing the demand for the market in India.
  • Therefore, the aforementioned factors are projected to fuel the phosphonate market growth over the forecast period.
phosphonate Market Analysis

Competitive Landscape

The global phosphonate market is fragmented in nature, with no player capturing a significant share in the market studied. The major manufacturers (not in any particular order) of the market include Italmatch AW, Shandong Taihe Water Treatment Technologies Co., Ltd., Zaozhuang Kerui Chemicals Co. Ltd., LANXESS, and Zschimmer & Schwarz Mohsdorf GmbH & Co. KG among others.

Recent Development

  • In Oct 2021, Bisterfeld AG announced to acquire GME Chemicals to expand its presence in Asia.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Drivers

      1. 4.1.1 Wide Applications of Phosphonates in the Water Treatment Industry

      2. 4.1.2 Rapid Growth of the Cleaners and Detergents Industry

    2. 4.2 Restraints

      1. 4.2.1 Environmental impact due to non-degradable nature

    3. 4.3 Industry Value Chain Analysis

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Buyers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products and Services

      5. 4.4.5 Degree of Competition

  5. 5. MARKET SEGMENTATION

    1. 5.1 Tpes

      1. 5.1.1 ATMP

      2. 5.1.2 HEDP

      3. 5.1.3 DTPMP

      4. 5.1.4 Other Types

    2. 5.2 End-user Industry

      1. 5.2.1 Detergent and Cleaning Agent

      2. 5.2.2 Water Treatment

      3. 5.2.3 Oil field chemicals

      4. 5.2.4 Cosmetics

      5. 5.2.5 Building Materials

      6. 5.2.6 Other End-user Industries

    3. 5.3 Geography

      1. 5.3.1 Asia-Pacific

        1. 5.3.1.1 China

        2. 5.3.1.2 India

        3. 5.3.1.3 Japan

        4. 5.3.1.4 South Korea

        5. 5.3.1.5 Rest of Asia-Pacific

      2. 5.3.2 North America

        1. 5.3.2.1 United States

        2. 5.3.2.2 Canada

        3. 5.3.2.3 Mexico

      3. 5.3.3 Europe

        1. 5.3.3.1 Germany

        2. 5.3.3.2 France

        3. 5.3.3.3 United Kingdom

        4. 5.3.3.4 Italy

        5. 5.3.3.5 Rest of Europe

      4. 5.3.4 South America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 Rest of South America

      5. 5.3.5 Middle-East and Africa

        1. 5.3.5.1 Saudi Arabia

        2. 5.3.5.2 South Africa

        3. 5.3.5.3 Rest of Middle-East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Share (%)**/Ranking Analysis

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 Aquapharm Chemical Pvt Ltd

      2. 6.4.2 Biesterfeld AG

      3. 6.4.3 Changzhou Kewei Fine Chemicals Co. Ltd

      4. 6.4.4 Excel Industries

      5. 6.4.5 Henan Qingshuiyuan Technolog

      6. 6.4.6 Italmatch AWS

      7. 6.4.7 IRO Group

      8. 6.4.8 Jiangsu Yuanquan Hongguang Environmental

      9. 6.4.9 LANXESS

      10. 6.4.10 MKS DevO Chemicals

      11. 6.4.11 Bozzetto Group

      12. 6.4.12 Protection Technology Co. Ltd

      13. 6.4.13 Shandong Taihe Watre Treatment Technologies Co. Ltd

      14. 6.4.14 Shandong Xintai Water Treatment Technology Co. Ltd

      15. 6.4.15 Zaozhuang Kerui Chemicals Co. Ltd

      16. 6.4.16 ZSCHIMMER & SCHWARZ CHEMIE GMBH

      17. 6.4.17 Uniphos Chemicals

    5. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

    1. 7.1 Emerging Applications of Phosphonates in Pro-drugs and Nano-porous Phosphonates

**Subject to Availability

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Frequently Asked Questions

The Global Phosphonate Market market is studied from 2017 - 2027.

The Global Phosphonate Market is growing at a CAGR of 4.58% over the next 5 years.

Asia-Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2021.

Italmatch AW, Shandong Taihe Water Treatment Technologies Co, Zaozhuang Kerui Chemicals Co, LANXESS, Zschimmer & Schwarz Mohsdorf GmbH & Co. KG are the major companies operating in Global Phosphonate Market.

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