The latest report on the Tetrakis (Hydroxymethyl) Phosphonium Sulfate Market is 250 pages long and includes a number of tables and figures. This report covers the period from 2023 to 2030 and offers valuable insights into the market landscape.
Global Tetrakis (Hydroxymethyl) Phosphonium Sulfate Market to reach USD 0.31 billion by 2027.Global Tetrakis (Hydroxymethyl) Phosphonium Sulfate Market is valued approximately at USD 0.21 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 5.5% over the forecast period 2021-2027.
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Tetrakis (Hydroxymethyl) Phosphonium Sulfate is an organophosphorus chemical with a low crystallization point and excellent stability. Its end use industries include water treatment systems, oil field activities, and the paper-making industries . It is also utilized in fabric coatings as a fire-retardant substance. Due to a variety of technological properties, THPS has a number of technical benefits over standard biocides, including being less hazardous to non-target species, being effective at low doses, and being biodegradable in nature. Tetrakis (Hydroxymethyl) Phosphonium Sulfate Market is driven by growing application of THPS in hydraulic fracturing and growth of end-use segments such as oil & gas.
Furthermore, Tetrakis (hydroxymethyl) phosphonium sulphate is used in the textile industry as an antimicrobial agent. With the rapid advancements in the industry and the production of innovative goods, the use of a solid antimicrobial agent has become one of the most important requirements. As a result, the market’s development has been boosted. For instance, DuPont Microbial Control (formerly Dow Microbial Control), a key business unit of Dow DuPont Specialty Products, launched two new products in the market in October 2018. The AQUCAR 7140 LT Water Treatment Microbiocide and the AQUCAR TN 250 LT Water Treatment Microbiocide are new features to the company’s AQUCAR Water Treatment Microbicides portfolio. However, increasing focus on oxidizing biocides may impede the market growth over the forecast period of 2021-2027.
Tetrakis (hydroxymethyl) phosphonium sulphate (THPS) has the largest market in North America, followed by Asia Pacific. The demand for THPS in this region is mostly driven by the region’s rising oil and gas activity levels. As a result of rising demand from a variety of applications, such as water treatment, leather, textiles, oil & gas, and others, THPS plays an important role in maintaining high demand in developed countries, such as the United States and Canada, due to rising consumption of leather and leather products.
Major market player included in this report are:
Hubei Xingfa Chemicals Group Co., Ltd.
Changshu New-Tech Chemicals Co., Ltd
Sigma-Aldrich (Merck KGaA)
Jiangxi Fuerxin Medicine Chemical Co., Ltd.
Prasol Chemicals Pvt. Ltd.
Hubei Lianxing Chemical Co., Ltd.
Jiangsu Kangxiang Industrial Group Co., Ltd.
Jiangsu Dan AI Chemical Co., Ltd.
Finoric LLC
Compass Chemical
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Function:
Biocide
Iron sulfide scavenger
Flame retardant
Tanning agent
By Application:
Oil & gas
Water treatment
Textile
Leather
Others
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027
Target Audience of the Global Tetrakis (Hydroxymethyl) Phosphonium Sulfate Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
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Table of content
Market Overview
Market Definition and Scope
Market Dynamics
Market Industry Analysis
Market, Regional Analysis
Analysis of Leading Companies
Competitive Intelligence
Research Process
Market Analysis and Forecast, By Product Types
In this report, the following important queries are addressed:
- What is the Global market’s sales value, production value, consumption value, import, and export (including North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
- Who are the major manufacturers in this sector on a global scale? How are their capacity, production, sales, pricing, cost, gross, and revenue operating?
- What are the vendors’ market prospects and risks in the international industry?
- Which product types, end users, or applications might be looking for additional growth prospects? What is each type’s and application’s market share?
- What specific strategies and limitations are keeping the market in check?
- What is the various marketing, sales, and distribution channels in the international market?
- What are the upstream raw materials, as well as the manufacturing machinery?
- What are the Market opportunities, market risk, and market overview of this industry?
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