Global Yellow Phosphorus Market Report, published by Accurize Market Research, forecast that the global market is expected to grow at a CAGR of 3.6% from 2019 to 2026. In terms of growth, Asia-Pacific is anticipated to attain the fastest compound annual growth rate (CAGR) during 2019 – 2026.
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Phosphate is crucial to human beings because of its feature of being non-renewable and extensive usage as fertilizer in the agricultural sector. Hence, phosphorus resources are gaining importance in the global market. The major factors driving the global yellow phosphorus market are growing usage of phosphate fertilizer in agricultural production and non-renewable feature of yellow phosphorus. However, limited production and export of yellow phosphorus in some countries may hamper the market. Further, growing demand from developing economies would generate new growth opportunities for the market in the future years.
Market Segmentation and Crisp Analysis
The global yellow phosphorous market has been segmented into end-user, and country. Phosphoric acid, Phosphorus trichloride, Phosphorus pentoxide, Phosphorus pentasulfide, Sodium hypophosphite, and others are the further classifications of the end-user segment. China, the U.S., Kazakhstan, and Others are the countries covered in the report, on the global level. China is superior in producing yellow phosphorus with a sufficient supply of phosphorus ore resources and electric power. However, the Chinese government has steadily restricted the export of yellow phosphorus by raising the export tariff. The U.S. is the third-largest producer of yellow phosphorous but the U.S. government has also restricted the domestic production and export of yellow phosphorus.
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Manufacturers Competitive Analysis
Major key players operating in the global yellow phosphorus market are Yunnan Yuntianhua Co., Ltd., Jiangsu Chengxing Phosph-Chemicals Co., Ltd., Sichuan Province Chuantou Chemical Industry Group Co., Ltd., Hubei Xingfa Chemicals Group Co., Ltd., Yunnan Phosphorus Group Co., Ltd., Monsanto Company, and Kazphosphate LLC, among others.
Scope of the Report
The scope of the report covers in-depth analysis of the market in terms of both qualitative and quantitative analysis across the segments as well as cross-sectional analysis of the segments including the geographies and its countries. Key companies operating in this market and their company profile along with the market share analysis and competitive scenario is also the part of the report. Furthermore, different industries clients’ information has been provided in the report which is very important for the manufacturers. Manufacturers’ data, including revenue, shipment, revenue share, shipment share, and gross profit have been also included, which provide a better understanding of the market competition.
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