Phosphorus & Derivatives Market - Forecast(2022 - 2027)

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Phosphorus Derivatives Market Market size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
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• Phosphorus Derivatives market size is forecast
  to reach US69.2 billion by 2026, after growing
  at a CAGR of 3.1 during 2021-2026. The
  industry's rapid expansion is owing to rising
  demand from industries such as fertilizers,
  detergents, the food sector, water treatment
  chemicals, metal finishing, and halogen-free
  flame retardants. The factors which are primarily
  driving the demand for phosphorus derivatives
  such as phosphorus tribromide, phosphorus
  pentachloride, adenosine triphosphate, ammonium
  phosphate, purified phosphoric acid are
  increasing demand for water treatment, as well as
  the development and adoption of halogen free
  flame retardants (HFFR) and the use of biofuels.

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• Key Takeaways
• Asia-Pacific dominates the phosphorus
  derivatives market in 2020, owing to the
  increasing electrical electronics industry in
  the region, which is accelerating the demand for
  halogen free flame retardants. According to
  Invest India, the domestic electronics market in
  India to attain US400 billion by 2025. 
• Phosphorus is required for the development of
  plants. It is ideal for application in the
  initial stages of crop growth as phosphorus is
  very important for the development of a proper
  root system, which is also driving the market
  growth. 

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By Distribution Channel- Segment Analysis The
ammonium phosphate segment held the largest share
of more than 25 in the phosphorus derivatives
market in 2020 and is growing at a CAGR of 3.5
during 2021-2026. Ammonium phosphate is used in
many different areas. One of these is its
incorporation in many commercially baked
products. In addition, it has been instituted as
an effective fertilizer, with good water
solubility and rapid dissolving abilities. It is
a crucial mineral for the healthy and sustained
growth of plants. Fertilizers containing ammonium
phosphate also aid in the addition of nitrogen to
the surrounding soil, which aids growth and root
development even more. Because of its solubility,
it can be released quickly into the soil, which
is beneficial to newer plants and plants in need
of resuscitation. 
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• Phosphorus Derivatives Market Outlook 
•   Agrium Inc
• BASF SE
• Mosaic Co
• Eurochem
• Yara International ASA
• Innophos Holdings Inc
• Akron OAO
• CF Industries Holdings, Inc
• Israel Chemical Ltd
• Lanxess AG
• and United Phosphorus Limited

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Phosphorus Derivatives Market -
Forecast(2022 - 2027) Learn More About the
Report _at_ https//www.industryarc.com/Report/117
36/phosphorus-derivatives-market.html
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