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Global Industrial Grade Sodium Hypophosphite Market Research Report 2024

Global Industrial Grade Sodium Hypophosphite Market Research Report 2024

Publishing Date : Jan, 2024

License Type :
 

Report Code : 1554729

No of Pages : 85

Synopsis
The global Industrial Grade Sodium Hypophosphite market was valued at US$ 187 million in 2023 and is anticipated to reach US$ 247.8 million by 2030, witnessing a CAGR of 4.1% during the forecast period 2024-2030.
The Industrial Grade Sodium Hypophosphite market, which involves the production and use of sodium hypophosphite in various industrial applications, is influenced by several drivers and restrictions. These factors impact the growth and development of the market. Here are some key drivers and restrictions affecting the Industrial Grade Sodium Hypophosphite market:

Drivers:

Chemical Manufacturing: Sodium hypophosphite is a vital raw material in the production of various chemicals, such as electroless nickel plating solutions, reducing agents, and flame retardants, driving demand in the chemical industry.

Electroless Plating: It is widely used in electroless nickel plating processes for improving the corrosion resistance and wear properties of metal surfaces, particularly in the automotive and aerospace industries.

Water Treatment: Sodium hypophosphite is employed in water treatment applications for reducing and removing heavy metals, contributing to water quality improvement.

Textile Industry: It is used as a reducing agent in the textile industry for dye fixation and bleaching processes.

Fire Retardants: Sodium hypophosphite is utilized as a flame retardant in polymer and plastic manufacturing to improve fire resistance properties.

Electronics Manufacturing: The demand for sodium hypophosphite in electronics manufacturing for plating printed circuit boards (PCBs) and semiconductor components supports market growth.

Mining and Metallurgy: It is used in metallurgical processes, such as the reduction of precious metals and the recovery of palladium and platinum from catalysts.

Research and Development: Ongoing research and development activities aimed at discovering new applications and formulations for sodium hypophosphite contribute to market expansion.

Restrictions:

Environmental Concerns: The production and disposal of sodium hypophosphite can have environmental impacts, including the release of phosphorus compounds and the potential for groundwater contamination.

Regulatory Compliance: Compliance with environmental regulations and safety standards is essential for handling and disposing of sodium hypophosphite, adding to operating costs.

Price Volatility: Fluctuations in the prices of raw materials used in sodium hypophosphite production, such as phosphorus, can impact its market price and availability.

Competitive Market: The industrial chemicals market is competitive, with various suppliers offering sodium hypophosphite, leading to price pressures.

Substitute Products: The availability of alternative reducing agents and flame retardants can pose a challenge to the sodium hypophosphite market.

Handling Hazards: Sodium hypophosphite is a sensitive chemical that can pose health and safety risks if mishandled or exposed to incompatible substances.

Supply Chain Disruptions: Disruptions in the supply chain, such as shortages of raw materials or transportation issues, can impact the availability of sodium hypophosphite.

Market Dependency: The market for sodium hypophosphite may be dependent on specific industries, such as plating or electronics, making it vulnerable to industry-specific economic fluctuations.

Customization Demands: Meeting the customization demands of various industries and applications can be challenging for manufacturers.

Product Purity: Maintaining the required purity levels of sodium hypophosphite is crucial for its effectiveness in different applications.

Overall, the Industrial Grade Sodium Hypophosphite market serves a range of industrial sectors with diverse applications. While environmental concerns and regulatory compliance are challenges, the continued demand for chemicals with specific properties in various industries is expected to drive the market's growth and innovation.
This report aims to provide a comprehensive presentation of the global market for Industrial Grade Sodium Hypophosphite, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Industrial Grade Sodium Hypophosphite.
Report Scope
The Industrial Grade Sodium Hypophosphite market size, estimations, and forecasts are provided in terms of output/shipments (K Tons) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Industrial Grade Sodium Hypophosphite market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Industrial Grade Sodium Hypophosphite manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Hubei Xingfa Chemicals Group Co., Ltd.
Solvay
Changshu New-Tech Chemicals Co., Ltd.
Jiangxi Fuerxin Pharmaceutical & Chemical Co., Ltd.
Jiangsu Kangxiang Industrial Group Co., Ltd.
Zhejiang Zengxin Chemistry Co.,Ltd
Hubei Lianxing Chemical Co., Ltd.
Segment by Type
Purity Below 99.5%
Purity: 99.5%-99.9%
Purity Above 99.9%
Segment by Application
Chemica
Pharmaceutics Industry
Waste Water Treatment
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Industrial Grade Sodium Hypophosphite manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Industrial Grade Sodium Hypophosphite by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Industrial Grade Sodium Hypophosphite in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index
1 Industrial Grade Sodium Hypophosphite Market Overview
1.1 Product Definition
1.2 Industrial Grade Sodium Hypophosphite Segment by Type
1.2.1 Global Industrial Grade Sodium Hypophosphite Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Purity Below 99.5%
1.2.3 Purity: 99.5%-99.9%
1.2.4 Purity Above 99.9%
1.3 Industrial Grade Sodium Hypophosphite Segment by Application
1.3.1 Global Industrial Grade Sodium Hypophosphite Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Chemica
1.3.3 Pharmaceutics Industry
1.3.4 Waste Water Treatment
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Industrial Grade Sodium Hypophosphite Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Industrial Grade Sodium Hypophosphite Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Industrial Grade Sodium Hypophosphite Production Estimates and Forecasts (2019-2030)
1.4.4 Global Industrial Grade Sodium Hypophosphite Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Industrial Grade Sodium Hypophosphite Production Market Share by Manufacturers (2019-2024)
2.2 Global Industrial Grade Sodium Hypophosphite Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Industrial Grade Sodium Hypophosphite, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Industrial Grade Sodium Hypophosphite Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Industrial Grade Sodium Hypophosphite Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Industrial Grade Sodium Hypophosphite, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Industrial Grade Sodium Hypophosphite, Product Offered and Application
2.8 Global Key Manufacturers of Industrial Grade Sodium Hypophosphite, Date of Enter into This Industry
2.9 Industrial Grade Sodium Hypophosphite Market Competitive Situation and Trends
2.9.1 Industrial Grade Sodium Hypophosphite Market Concentration Rate
2.9.2 Global 5 and 10 Largest Industrial Grade Sodium Hypophosphite Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Industrial Grade Sodium Hypophosphite Production by Region
3.1 Global Industrial Grade Sodium Hypophosphite Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Industrial Grade Sodium Hypophosphite Production Value by Region (2019-2030)
3.2.1 Global Industrial Grade Sodium Hypophosphite Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Industrial Grade Sodium Hypophosphite by Region (2025-2030)
3.3 Global Industrial Grade Sodium Hypophosphite Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Industrial Grade Sodium Hypophosphite Production by Region (2019-2030)
3.4.1 Global Industrial Grade Sodium Hypophosphite Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Industrial Grade Sodium Hypophosphite by Region (2025-2030)
3.5 Global Industrial Grade Sodium Hypophosphite Market Price Analysis by Region (2019-2024)
3.6 Global Industrial Grade Sodium Hypophosphite Production and Value, Year-over-Year Growth
3.6.1 North America Industrial Grade Sodium Hypophosphite Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Industrial Grade Sodium Hypophosphite Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Industrial Grade Sodium Hypophosphite Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Industrial Grade Sodium Hypophosphite Production Value Estimates and Forecasts (2019-2030)
4 Industrial Grade Sodium Hypophosphite Consumption by Region
4.1 Global Industrial Grade Sodium Hypophosphite Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Industrial Grade Sodium Hypophosphite Consumption by Region (2019-2030)
4.2.1 Global Industrial Grade Sodium Hypophosphite Consumption by Region (2019-2024)
4.2.2 Global Industrial Grade Sodium Hypophosphite Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Industrial Grade Sodium Hypophosphite Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Industrial Grade Sodium Hypophosphite Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Industrial Grade Sodium Hypophosphite Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Industrial Grade Sodium Hypophosphite Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Industrial Grade Sodium Hypophosphite Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Industrial Grade Sodium Hypophosphite Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Industrial Grade Sodium Hypophosphite Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Industrial Grade Sodium Hypophosphite Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Industrial Grade Sodium Hypophosphite Production by Type (2019-2030)
5.1.1 Global Industrial Grade Sodium Hypophosphite Production by Type (2019-2024)
5.1.2 Global Industrial Grade Sodium Hypophosphite Production by Type (2025-2030)
5.1.3 Global Industrial Grade Sodium Hypophosphite Production Market Share by Type (2019-2030)
5.2 Global Industrial Grade Sodium Hypophosphite Production Value by Type (2019-2030)
5.2.1 Global Industrial Grade Sodium Hypophosphite Production Value by Type (2019-2024)
5.2.2 Global Industrial Grade Sodium Hypophosphite Production Value by Type (2025-2030)
5.2.3 Global Industrial Grade Sodium Hypophosphite Production Value Market Share by Type (2019-2030)
5.3 Global Industrial Grade Sodium Hypophosphite Price by Type (2019-2030)
6 Segment by Application
6.1 Global Industrial Grade Sodium Hypophosphite Production by Application (2019-2030)
6.1.1 Global Industrial Grade Sodium Hypophosphite Production by Application (2019-2024)
6.1.2 Global Industrial Grade Sodium Hypophosphite Production by Application (2025-2030)
6.1.3 Global Industrial Grade Sodium Hypophosphite Production Market Share by Application (2019-2030)
6.2 Global Industrial Grade Sodium Hypophosphite Production Value by Application (2019-2030)
6.2.1 Global Industrial Grade Sodium Hypophosphite Production Value by Application (2019-2024)
6.2.2 Global Industrial Grade Sodium Hypophosphite Production Value by Application (2025-2030)
6.2.3 Global Industrial Grade Sodium Hypophosphite Production Value Market Share by Application (2019-2030)
6.3 Global Industrial Grade Sodium Hypophosphite Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Hubei Xingfa Chemicals Group Co., Ltd.
7.1.1 Hubei Xingfa Chemicals Group Co., Ltd. Industrial Grade Sodium Hypophosphite Corporation Information
7.1.2 Hubei Xingfa Chemicals Group Co., Ltd. Industrial Grade Sodium Hypophosphite Product Portfolio
7.1.3 Hubei Xingfa Chemicals Group Co., Ltd. Industrial Grade Sodium Hypophosphite Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Hubei Xingfa Chemicals Group Co., Ltd. Main Business and Markets Served
7.1.5 Hubei Xingfa Chemicals Group Co., Ltd. Recent Developments/Updates
7.2 Solvay
7.2.1 Solvay Industrial Grade Sodium Hypophosphite Corporation Information
7.2.2 Solvay Industrial Grade Sodium Hypophosphite Product Portfolio
7.2.3 Solvay Industrial Grade Sodium Hypophosphite Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Solvay Main Business and Markets Served
7.2.5 Solvay Recent Developments/Updates
7.3 Changshu New-Tech Chemicals Co., Ltd.
7.3.1 Changshu New-Tech Chemicals Co., Ltd. Industrial Grade Sodium Hypophosphite Corporation Information
7.3.2 Changshu New-Tech Chemicals Co., Ltd. Industrial Grade Sodium Hypophosphite Product Portfolio
7.3.3 Changshu New-Tech Chemicals Co., Ltd. Industrial Grade Sodium Hypophosphite Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Changshu New-Tech Chemicals Co., Ltd. Main Business and Markets Served
7.3.5 Changshu New-Tech Chemicals Co., Ltd. Recent Developments/Updates
7.4 Jiangxi Fuerxin Pharmaceutical & Chemical Co., Ltd.
7.4.1 Jiangxi Fuerxin Pharmaceutical & Chemical Co., Ltd. Industrial Grade Sodium Hypophosphite Corporation Information
7.4.2 Jiangxi Fuerxin Pharmaceutical & Chemical Co., Ltd. Industrial Grade Sodium Hypophosphite Product Portfolio
7.4.3 Jiangxi Fuerxin Pharmaceutical & Chemical Co., Ltd. Industrial Grade Sodium Hypophosphite Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Jiangxi Fuerxin Pharmaceutical & Chemical Co., Ltd. Main Business and Markets Served
7.4.5 Jiangxi Fuerxin Pharmaceutical & Chemical Co., Ltd. Recent Developments/Updates
7.5 Jiangsu Kangxiang Industrial Group Co., Ltd.
7.5.1 Jiangsu Kangxiang Industrial Group Co., Ltd. Industrial Grade Sodium Hypophosphite Corporation Information
7.5.2 Jiangsu Kangxiang Industrial Group Co., Ltd. Industrial Grade Sodium Hypophosphite Product Portfolio
7.5.3 Jiangsu Kangxiang Industrial Group Co., Ltd. Industrial Grade Sodium Hypophosphite Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Jiangsu Kangxiang Industrial Group Co., Ltd. Main Business and Markets Served
7.5.5 Jiangsu Kangxiang Industrial Group Co., Ltd. Recent Developments/Updates
7.6 Zhejiang Zengxin Chemistry Co.,Ltd
7.6.1 Zhejiang Zengxin Chemistry Co.,Ltd Industrial Grade Sodium Hypophosphite Corporation Information
7.6.2 Zhejiang Zengxin Chemistry Co.,Ltd Industrial Grade Sodium Hypophosphite Product Portfolio
7.6.3 Zhejiang Zengxin Chemistry Co.,Ltd Industrial Grade Sodium Hypophosphite Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Zhejiang Zengxin Chemistry Co.,Ltd Main Business and Markets Served
7.6.5 Zhejiang Zengxin Chemistry Co.,Ltd Recent Developments/Updates
7.7 Hubei Lianxing Chemical Co., Ltd.
7.7.1 Hubei Lianxing Chemical Co., Ltd. Industrial Grade Sodium Hypophosphite Corporation Information
7.7.2 Hubei Lianxing Chemical Co., Ltd. Industrial Grade Sodium Hypophosphite Product Portfolio
7.7.3 Hubei Lianxing Chemical Co., Ltd. Industrial Grade Sodium Hypophosphite Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Hubei Lianxing Chemical Co., Ltd. Main Business and Markets Served
7.7.5 Hubei Lianxing Chemical Co., Ltd. Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Industrial Grade Sodium Hypophosphite Industry Chain Analysis
8.2 Industrial Grade Sodium Hypophosphite Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Industrial Grade Sodium Hypophosphite Production Mode & Process
8.4 Industrial Grade Sodium Hypophosphite Sales and Marketing
8.4.1 Industrial Grade Sodium Hypophosphite Sales Channels
8.4.2 Industrial Grade Sodium Hypophosphite Distributors
8.5 Industrial Grade Sodium Hypophosphite Customers
9 Industrial Grade Sodium Hypophosphite Market Dynamics
9.1 Industrial Grade Sodium Hypophosphite Industry Trends
9.2 Industrial Grade Sodium Hypophosphite Market Drivers
9.3 Industrial Grade Sodium Hypophosphite Market Challenges
9.4 Industrial Grade Sodium Hypophosphite Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer

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