Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.
The global hypophosphorous acid industry is expected to be driven by the growth of the polymer and plastics industry. The rising consumption of plastics in various industries and the increasingly common-place use of polymers in day-to-day products is aiding the market growth. Hypophosphorous acid has numerous uses in the production process of this industry, that is, as a catalyst, neutralising agent, and for wetting and discolouring. The primary consumption of hypophosphorous acid, however, remains in electroless nickel plating, which is used to provide an additional layer of protection and corrosion resistance to metal surfaces. This is commonly used in the electronics industry. The growth of the pharmaceutical industry in the Asia Pacific region is another key factor, which is expected to bolster the growth of the market in the coming years.
Varsal Inc., one of the world’s leading producers of hypophosphorous acid, opened a new chemical plant in late 2018 in Tangshan, China. This also included significant investments in automation and equipment upgradation and is expected to directly contribute to increased capacity for hypophosphorous acid production and can be considered an indicator of growth in the Asia Pacific region. Arkema Group (OTCMKTS: ARKAY) and Richman Chemical Inc. are some of the other leading players within the industry.
Market Analysis by Type, Grade, Application, and Regions:
Key Findings of the Report:
Key Offerings of the Report:
The major players in the global hypophosphorous acid market are Arkema Group, Richman Chemical Inc., Hubei Lianxing Chemical Co., Ltd., Varsal Inc., and Jiangsu Kangxiang Industrial Group Co., Ltd., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.