Title: Sodium Diethyl Dithiophosphate Market
1Sodium Diethyl Dithiophosphate Market - Industry
Analysis, Market Size, Share, Trends, Application
Analysis, Growth And Forecast 2021 -
2026
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- Sodium Diethyl Dithiophosphate Market size is
forecast to reach US 1.5 billion by 2026, after
growing at a CAGR of 3.5 during 2021-2026. Along
with other thiophosphates like sodium
monothiophosphate and sodium trithiophosphate,
sodium diethyl dithiophosphate is supplied as a
hydrated solid or aqueous solution. Globally, the
rising use of sodium diethyl dithiophosphate salt
as a flotation agent in molybdenite mineral
concentration from ores that is formed by the
reaction of phosphorus pentasulfide to sodium
hydroxide is estimated to drive the market
growth. Increasing usage of sodium diethyl
dithiophosphate as raw materials in the products
and end use industries is anticipated to surge
the growth of the sodium diethyl dithiophosphate
industry over the forecast period.
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Key Takeaways Asia-pacific region dominated the
sodium diethyl dithiophosphate market due to the
rising production of cosmetics, agrochemicals,
metals, and others, in the emerging economies
such as China, India, South Korea, and
Australia. The increasing usage of sodium diethyl
dithiophosphate for the manufacturing of sodium
peroxide and sodium cyanide is further estimated
to drive the market growth. Rapidly rising usage
of thiophosphates such as sodium diethyl
dithiophosphate along with sodium
monothiophosphate for chemical manufacturing
owing to its very reactive nature is anticipated
to raise the demand for sodium diethyl
dithiophosphate market growth.
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By Distribution Channel- Segment
Analysis Agrochemicals sector held the largest
share in the sodium diethyl dithiophosphate
market in 2020 and is projected to grow at a CAGR
of 3 during 2021-2026. In the agrochemicals or
fertilizer industry sodium diethyl
dithiophosphate is increasingly being used.
Sodium diethyl dithiophosphate substances are
used in agrochemicals such as pesticides,
insecticides, and others, for preventing,
destroying or mitigating pests.
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- Sodium Diethyl Dithiophosphate Market
- Industry Outlook
- Angene International Limited
- Advanced Technology Industrial Co, Ltd.
- Boc Science
- A.B.Enterprises
- Haihang Industry Co, Ltd.
- International Laboratory USA
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Sodium Diethyl Dithiophosphate Market - Industry
Analysis, Market Size, Share, Trends, Application
Analysis, Growth And Forecast 2021 2026 Learn
More About the Report _at_ https//www.industryar
c.com/Research/Sodium-Diethyl-Dithiophosphate-Mark
et-Research-503193
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