As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Global Hypophosphorous Acid Market: By Type; By Grade: Technical Grade, Pharmaceutical Grade; By Application: Polymers and Plastics, Electronics, Pharmaceuticals, Paints and Coating; Regional Analysis; Historical Market and Forecast (2015-2025); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Hypophosphorous Acid Market Outlook

The global hypophosphorous acid market is strongly supported by the global sodium hypophosphite market, which attained a value of USD 627 million in 2019. The sodium hypophosphite market is further expected to grow in the forecast period of 2020-2025 at a CAGR of 5% to reach USD 840 million by 2025.

 

Hypophosphorous Acid Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF


Growing Electronics Sector Likely to Propel the Demand for Hypophosphorous Acid Globally

One of the chief applications of hypophosphorous acid is in the production of electroless nickel-phosphorous plating. This material is used extensively in the electronics industry in the making of printed circuit boards and hard-disk drives. It is also commonly used to provide a corrosion-resistant or smoothening coat over metal surfaces. Another factor that may boost the growth of the global hypophosphorous acid market is its use as a reducing agent in the pharmaceutical industry, which is currently facing a surge due to the COVID-19 pandemic. Hence, the market for hypophosphorous acid is expected to grow at a healthy pace during the forecast period of 2020-2025.

While Europe and North America continue to hold a significant market share, with respect to hypophosphorous acid consumption, the Asia Pacific region is expected to witness a robust growth in the coming years, mostly attributed to the increased utilisation of the acid in paints, inks, and coatings, as well as pharmaceuticals industries. The pharmaceuticals sector is expected to grow significantly in this region during the forecast period.

 

Global Hypophosphorous Acid: Industry Definition and Segmentation

Hypophosphorous acid (H¬3PO3), sometimes referred to as HPA, is a strong reducing agent obtained from hypophosphite salts like sodium hypophosphite. It is a clear, colourless liquid that can be stored under normal conditions. It is obtained from its salt form (such as sodium hypophosphite) and thus shares applications with this state. It is used to reduce a wide variety of chemicals in industrial production reactions. The acid is often shipped by suppliers as ‘pharmaceutical grade’, which indicates higher purity materials better suited for use in this industry.

The product’s applications as a catalyst, neutralising agent, and discolouring agent, especially in the synthesis of polymers and plastics, have led to the growth driven by the increased production of these materials. This is due to the increase in consumption of plastic and polymer-based products in recent years, a trend that is expected to continue in the future.

The major types of hypophosphorous acid are:

  • Hypophosphorous Acid 50%
  • Hypophosphorous Acid 80%

The market can be broadly categorised on the basis of its grade into:

  • Technical Grade
  • Pharmaceutical Grade

The market can be classified by application into:

  • Polymers and Plastics
  • Electronics
  • Pharmaceuticals
  • Paints and Coatings
  • Others

The EMR report looks into the regional markets of hypophosphorous acid like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Hypophosphorous Acid Market by Application

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Steady Growth in the Plastics and Polymers Industry to Bolster the Demand for Hypophosphorous Acid

Hypophosphorous acid is commonly used as a reducing agent in the plastics and polymers industry and is typically supplied in 50% aqueous solution, but it also available in 80% when stronger reducing action is required. Besides reduction, the acid is also used as a neutralising agent, catalyst, wetting agent, and for bleaching in the polymers and plastics industry.

The large increase in the value of the pharmaceuticals industry as a result of the COVID-19 pandemic is expected to result in the increased demand for hypophosphorous acid, which is commonly used as a reducing agent (and various other applications) in the formulation of pharmaceutical products. It is expected that demand for pharma-grade HPA will continue to grow during the period 2020-2025.

 

Hypophosphorous Acid Market by Region

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Key Industry Players in the Global Hypophosphorous Acid Market

The report presents a detailed analysis of the following key players in the global hypophosphorous acid market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Arkema Group
  • Richman Chemical Inc.
  • Hubei Lianxing Chemical Co., Ltd.
  • Varsal Inc.
  • Jiangsu Kangxiang Industrial Group Co., Ltd.
  • Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis, as well as an analysis of Porter’s Five Forces model.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Hypophosphorous Acid Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Hypophosphorous Acid Historical Market (2015-2019) 
    8.3    Global Hypophosphorous Acid Market Forecast (2020-2025)
    8.4    Global Hypophosphorous Acid Market by Type
        8.4.1    Hypophosphorous Acid 50%
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2015-2019)
            8.4.1.3    Forecast Trend (2020-2025)
        8.4.2    Hypophosphorous Acid 80%
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2015-2019)
            8.4.2.3    Forecast Trend (2020-2025
    8.5    Global Hypophosphorous Acid Market by Grade
        8.5.1    Technical Grade
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2015-2019)
            8.5.1.3    Forecast Trend (2020-2025)
        8.5.2    Pharmaceutical Grade
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2015-2019)
            8.5.2.3    Forecast Trend (2020-2025)
    8.6    Global Hypophosphorous Acid Market by Application
        8.6.1    Polymers and Plastics
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2015-2019)
            8.6.1.3    Forecast Trend (2020-2025)
        8.6.2    Electronics
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2015-2019)
            8.6.2.3    Forecast Trend (2020-2025)
        8.6.3    Pharmaceuticals
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2015-2019)
            8.6.3.3    Forecast Trend (2020-2025)
        8.6.4    Paints and Coating
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2015-2019)
            8.6.4.3    Forecast Trend (2020-2025)
        8.6.5    Others
    8.7    Global Hypophosphorous Acid Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2015-2019)
        9.1.2    Forecast Trend (2020-2025)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2015-2019)
        9.2.2    Forecast Trend (2020-2025)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2015-2019)
        9.3.2    Forecast Trend (2020-2025)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2015-2019)
        9.4.2    Forecast Trend (2020-2025)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2015-2019)
        9.5.2    Forecast Trend (2020-2025)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Price Analysis

    12.1    North America Historical Price Trends (2015-2019) & Forecast (2020-2025)
    12.2    Europe Historical Price Trends (2015-2019) & Forecast (2020-2025)
    12.3    Asia Pacific Historical Price Trends (2015-2019) & Forecast (2020-2025)
    12.4    Latin America Historical Price Trends (2015-2019) & Forecast (2020-2025)
    12.5    Middle East & Africa Historical Price Trends (2015-2019) & Forecast (2020-2025)
13    Competitive Landscape
    13.1    Market Structure
    13.2    Company Profiles
        13.2.1    Arkema Group
            13.2.1.1    Company Overview
            13.2.1.2    Product Portfolio
            13.2.1.3    Demographic Reach and Achievements
            13.2.1.4    Certifications
        13.2.2    Richman Chemical Inc
            13.2.2.1    Company Overview
            13.2.2.2    Product Portfolio
            13.2.2.3    Demographic Reach and Achievements
            13.2.2.4    Certifications
        13.2.3    Hubei Lianxing Chemical Co., Ltd.,
            13.2.3.1    Company Overview
            13.2.3.2    Product Portfolio
            13.2.3.3    Demographic Reach and Achievements
            13.2.3.4    Certifications
        13.2.4    Varsal Inc.
            13.2.4.1    Company Overview
            13.2.4.2    Product Portfolio
            13.2.4.3    Demographic Reach and Achievements
            13.2.4.4    Certifications
        13.2.5    Jiangsu Kangxiang Industrial Group Co., Ltd.
            13.2.5.1    Company Overview
            13.2.5.2    Product Portfolio
            13.2.5.3    Demographic Reach and Achievements
            13.2.5.4    Certifications
        13.2.6    Others
14    Industry Events and Developments

 

List of Figures and Tables

1.    Global Hypophosphorous Acid Market: Key Industry Highlights, 2015 and 2025
2.    Global Hypophosphorous Acid Historical Market: Breakup by Type (USD Million), 2015-2019
3.    Global Hypophosphorous Acid Market Forecast: Breakup by Type (USD Million), 2020-2025
4.    Global Hypophosphorous Acid Historical Market: Breakup by Grade (USD Million), 2015-2019
5.    Global Hypophosphorous Acid Market Forecast: Breakup by Grade (USD Million), 2020-2025
6.    Global Hypophosphorous Acid Historical Market: Breakup by Application (USD Million), 2015-2019
7.    Global Hypophosphorous Acid Market Forecast: Breakup by Application (USD Million), 2020-2025
8.    Global Hypophosphorous Acid Historical Market: Breakup by Region (USD Million), 2015-2019
9.    Global Hypophosphorous Acid Market Forecast: Breakup by Region (USD Million), 2020-2025
10.    North America Hypophosphorous Acid Historical Market: Breakup by Country (USD Million), 2015-2019
11.    North America Hypophosphorous Acid Market Forecast: Breakup by Country (USD Million), 2020-2025
12.    Europe Hypophosphorous Acid Historical Market: Breakup by Country (USD Million), 2015-2019
13.    Europe Hypophosphorous Acid Market Forecast: Breakup by Country (USD Million), 2020-2025
14.    Asia Pacific Hypophosphorous Acid Historical Market: Breakup by Country (USD Million), 2015-2019
15.    Asia Pacific Hypophosphorous Acid Market Forecast: Breakup by Country (USD Million), 2020-2025
16.    Latin America Hypophosphorous Acid Historical Market: Breakup by Country (USD Million), 2015-2019
17.    Latin America Hypophosphorous Acid Market Forecast: Breakup by Country (USD Million), 2020-2025
18.    Middle East and Africa Hypophosphorous Acid Historical Market: Breakup by Country (USD Million), 2015-2019
19.    Middle East and Africa Hypophosphorous Acid Market Forecast: Breakup by Country (USD Million), 2020-2025
20.    North America Historical Price Trends and Forecast 2015-2025
21.    Europe Historical Price Trends and Forecast 2015-2025
22.    Asia Pacific Historical Price Trends and Forecast 2015-2025
23.    Latin America Historical Price Trends and Forecast 2015-2025
24.    Middle East and Africa Historical Price Trends and Forecast 2015-2025
25.    Global Hypophosphorous Acid Market Structure

Key Questions Answered in the Report

The global market for hypophosphorous acid (HPA) is strongly correlated with the global sodium hypophosphite market (the salt form of HPA), which was valued at USD 627 million in 2019.

The global hypophosphorous acid industry is being aided by the growth of the global sodium hypophosphite market, which is expected to register a CAGR of 5% during the forecast period of 2020-2025.

The global sodium hypophosphite market (the salt from which HPA is obtained) is expected to grow steadily during the forecast period and reach USD 840 million by 2025.

The major drivers of the industry, such as rising disposable incomes, growing electronics market, and increasing applications in polymers and plastics production, are expected to aid the market growth.

The key trends expected to drive the growth of the market are the advancements in the pharmaceutical industry and the increased R&D activities in this sector.

The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The major types of hypophosphorous acid available for purchase are hypophosphorous acid 50% and hypophosphorous acid 80%.

Hypophosphorous acid as a product is classified into technical and pharmaceutical grade.

The leading applications of hypophosphorous acid include polymers and plastics, electronics, pharmaceuticals, and paints and coatings, among others.

The major companies involved in production and supply of hypohosphorous acid are Arkema Group, Richman Chemical Inc., Hubei Lianxing Chemical Co., Ltd., Varsal Inc., and Jiangsu Kangxiang Industrial Group Co., Ltd., among others.

Analyst Review

The global hypophosphorous acid market is being aided by the growth of the sodium hypophosphite market, which attained a value of USD 627 million in 2019. The global hypophosphorous acid industry is supported by the thriving electronics industry. Aided by the sharp increase in the pharmaceutical industry and growing R&D activities, the market is expected to witness a further growth in the forecast period of 2020-2025. The sodium hypophosphite market, meanwhile, is expected to grow at a CAGR of 5% between 2020 and 2025 to reach USD 840 million by 2025.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the global hypophosphorous acid market can be bifurcated into hypophosphorous acid 50% and hypophosphorous acid 80%. The market can also be classified based on grades as technical grade and pharmaceutical grade. On the basis of application, the industry is divided into polymers and plastics, electronics, pharmaceuticals, and paints and coatings, among others. The major regional markets for global hypophosphorous acid are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Arkema Group, Richman Chemical Inc., Hubei Lianxing Chemical Co., Ltd., Varsal Inc., and Jiangsu Kangxiang Industrial Group Co., Ltd., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

Purchase Full Report

Mini Report

$ 1099     $999
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Single User License

$ 2999     $1999
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Five User License

$ 3999     $2999
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Corporate License

$ 4999     $3999
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

RIGHT PEOPLE

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.

RIGHT METHODOLOGY

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.

RIGHT PRICE

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.

RIGHT SUPPORT

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.

Similar Reports

Global P-Tolualdehyde Market Report and Forecast 2020-2025


Global Ammonium Bicarbonate Market Report and Forecast 2020-2025


Global Acetone Cyanohydrin Market Report and Forecast 2020-2025


Global Potassium Lactate Market Report and Forecast 2020-2025


Global Methacrylic Acid Market Report and Forecast 2020-2025


NEWSLETTER