Yellow Phosphorus Market Scope
Yellow phosphorus (also known as white phosphorous), is extremely toxic and is used in the manufacture of munitions (hand grenades, mortar & artillery rounds, and smoke bombs), pyrotechnics, explosives (incendiary agent or munitions ignition), in artificial fertilizers, semiconductors, rodenticides, and electroluminescent coating. When exposed to air, it spontaneously ignites and becomes luminous in the dark, and this property is conveyed to “tracer bullets." The extreme heat produces dense, white smoke and a yellow flame.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Excel Industries Limited (India), Sichuan Chuantou Chemical Industry Group Co. Ltd. (China), Guizhou Qianneng Tianhe Phosphate Co. Ltd (China), Kazphosphate LLC (Kazakhstan), Yunnan Phosphorus Group Co. Ltd. (China), Hubei Xingfa Chemicals Group Co Ltd (China), Chongqing Chuandong Chemical (Group) Co., Ltd. (China), Guizhou Sino-Phos Chemical Co., Ltd. (China), Prasol Chemicals Industry (India) and 5-Continent Phosphorus Co.,Ltd. (China) |
CAGR | 3.6% |
The bargaining power of suppliers is expected to be high owing to the rising continuous demand for yellow phosphorus from various industries. Chinese manufacturers account for a major share of the global yellow phosphorous market. However, the prices of yellow phosphorous are continuously rising in China. This can be attributed to the gap between demand & supply, as well as strict environmental policies. Moreover, owing to stringent government policies most of the unqualified manufacturers in the Chinese region have stopped the production of yellow phosphorus. Therefore, significant export opportunities for new players are emerging within the industry. Furthermore, some of the prominent players are also adopting some organic and inorganic strategies such as mergers, acquisitions, expansion, and product launches to gain a competitive advantage within the industry. Research Analyst at AMA estimates that Chinese Vendors will contribute to the maximum growth of Global Yellow Phosphorus market throughout the predicted period.
Excel Industries Limited (India), Sichuan Chuantou Chemical Industry Group Co. Ltd. (China), Guizhou Qianneng Tianhe Phosphate Co. Ltd (China), Kazphosphate LLC (Kazakhstan), Yunnan Phosphorus Group Co. Ltd. (China), Hubei Xingfa Chemicals Group Co Ltd (China), Chongqing Chuandong Chemical (Group) Co., Ltd. (China), Guizhou Sino-Phos Chemical Co., Ltd. (China), Prasol Chemicals Industry (India) and 5-Continent Phosphorus Co.,Ltd. (China) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Yellow Phosphorus market by Type , by Application (Organic Phosphorus Pesticide, Red Phosphorus, Phosphoric Acid, Various Halogenated Phosphorus and Others) and Region with country level break-up.
On the basis of geography, the market of Yellow Phosphorus has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2021.
China’s largest news media reported pollution caused by yellow phosphorus. After the report, some yellow phosphorus producers were shut down for modifications, followed by continued decreases in production loads. Under these circumstances, 21 producers have shut down furnaces. These furnaces had a production capacity of 578,000 tons, which accounts for 45.2% of the capacity of the entire industry. The production ratio at the moment is 37.11%, of which Yunnan is at 32.98% and Sichuan at 74.3%. Subsequently, on the 9th July, the price of yellow phosphorus rose significantly, by Yuan2,000 over the price of Yuan14,300-15,500 per ton, which is an increase of over 15%. At present, Yuntianhua, Chengxing Phosph-Chemical and Xingfa Group possesses 165,000, 150,000 and 121,000 tons of capacity, respectively.
Yellow Phosphorus Market Dynamics:
Attributes | Details |
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Trends Influencing Market | - The Rising Prices of Yellow Phosphorus
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Key Restraints | - Stringent Government Regulations Owing to its Highly Toxic Nature
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Challenges | - Highly Competitive Market
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Market Opportunities | - The Upsurging Demand from Weapons Sector
- The Export Opportunities for Manufacturers
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Key Target Audience
Yellow Phosphorus Manufacturers, Yellow Phosphorus Raw Material Suppliers, Traders/Distributors, Importer/Exporter, Regulatory & Government Bodies, End Users and Others