Phosphonates Market

Phosphonates Market Growth Outlook (2023 to 2033)

The global phosphonates market is valued at US$ 1.1 billion in 2023. Detailed industry analysis reveals that worldwide phosphonate sales are projected to increase at 6.6% CAGR and reach a market value of US$ 2.1 billion by the end of 2033.

Phosphonates are a family of scale forbidder and chelating compounds, which by structure, have a commonness to the phosphonic acid group. Phosphonates, organometallic derivatives of phosphonic acid, generally contain C –PO (OR)2 or C –PO (OH)2 groups where R is the aryl or alkyl group.

Various commercially important compounds, such as ethephon, glyphosate, and phosphonic, which are extensively used as a popular regulator for plant growth, have been derived from phosphonic acids. Furthermore, they are applied in industrial and household cleaning products, water treatment additives, and personal care products.

Derivatives of phosphonates, such as bisphosphonates, are acknowledged drugs for the treatment of osteoporosis. Further, in medicinal chemistry, they find application as a stable bioisotere for phosphate. In addition, Tenofovir in the antiviral nucleotide analogy is one of the significant foundations of anti-HIV therapy.

In the construction industry, phosphonate is applied as a concrete retarder. An increasing count of R&D activities in the construction sector is concentrating to investigate the application of phosphates as superplasticizers. This initiative aims to increase concrete workability and fluidity.

In recent years, there is a noticeable increase in the demand for phosphonate as a chelating agent across the chemical industry. In addition, it is also used to synthesize derivatives. For example, when an amine group has been introduced to a phosphonic acid molecule, it helps to increase the metal binding characteristics of phosphonate.

Phosphonates are used as efficient water softeners and further help to prevent the formation of water-insoluble precipitates. Furthermore, the rising use of phosphonates as water softeners is predicted to create lucrative opportunities. Additionally, the application of bisphosphonates and phosphonates to treat HIV, Sudden Oak Death (SOD), hepatitis B, and others can foster opportunities.

However, the threat of toxicity in case of exposure to phosphonate derivatives, including, bisphosphonates can adversely impact market growth. In case of prolonged exposure, bisphosphonates can result in lowering bone density. Some rules and standards are set by the National Institute of Occupational Safety and Health for the use of these chemicals that can adversely impact market growth.

Report Attributes	Details
Phosphonates Market Size in 2023	US$ 1.1 Billion
Forecasted Market Value (2033)	US$ 2.1 Billion
Global Market Growth Rate (2023 to 2033)	6.6% CAGR
Canada Market Growth Rate (2023 to 2033)	6.2% CAGR
Germany Market Growth Rate (2023 to 2033)	4.6% CAGR
Key Companies Profiled	Aquapharm Chemicals Changzhou Yuanquan Hongguang Chemical Italmatch Chemicals Qingshuiyuan Technology Shandong Xintai Water Treatment Technology Yichang Kaixiang Chemical Zeel Product Zaozhuang Kerui Chemicals

What is Demand for Phosphonates Scaling Up?

“Growing Demand of Phosphonates from Pharmaceutical Companies”

The increasing severity of diseases has stimulated the growth of the pharmaceutical sector, which is one of the key end users of phosphonate. Phosphonate is widely used to treat anticancer targets, bone resorption disorders, and other therapeutic applications.

Phosphonate nucleotides, for instance, adefovir, tenofovir, and cidofovir are critical antiviral medications that are used at an increased rate to treat hepatitis B and HIV. Thus, these factors are further estimated to propel the sales of phosphonates in the rapidly growing pharmaceutical sector and generate lucrative opportunities for players.

“Rising Demand for Phosphonates in Water Treatment Industry”

Chemical water treatment uses multiple chemicals to reduce corrosion, eliminate and prevent scaling, purify water, and kill bacteria and algae. Three types of water treatment chemicals, including scale inhibitors, biocides, and flocculants are used in the procedure.

HEDP phosphonate is generally used as a significant chemical additive in numerous industrial water treatment procedures. HEDP is a scale inhibitor and can prevent dirt and scale. Compared to other available options, HEDP comes with various advantages, such as good synergy, good dissolution, low pollution, and excellent dirt resistance.

Rising water demand from the industrial sector along with constantly changing government regulations to control action plans and prevent water pollution have fueled the demand for water treatment at present time. With fewer resources and rising water scarcity, the requirement for water treatment is stimulating globally, which can generate growth prospects for players.

Which Factors are Restraining the Adoption of Phosphonates to Some Extent?

“Availability of Substitutes and Toxic Nature of Phosphonates”

Various substitute options are easily available for end users around the world, which are gaining traction in recent years. Further, the toxic nature of phosphonates is estimated to hinder their global acceptance over the forecast period. They can pose threats to human health to a certain level if necessary precautions are not taken.

Phosphonates cannot be absorbed easily by the human digestive system. Moreover, their environmental effects are well-examined, which has shown poor biodegradability, and thus the demand for phosphonates can be hindered.

Why is Asia Pacific a Significant Consumer of Phosphonates?

“Rapid Growth in Pulp & Paper Manufacturing and Textiles Industries”

Asia Pacific is forecasted to account for more than 38% of the revenue share. The pulp and paper manufacturing sector of China is growing at a significant speed. It has forced the producers of phosphonates to manufacture more efficient condensed phosphates that can be used in paper coating and filling. Phosphonates can further promote the dispersion of iron oxide, titanium dioxide, lithopone, and kaolin clay during paper manufacturing.

The textile industry in India is experiencing noticeable growth due to rising fashion consciousness among people. Phosphonates are used in the textile industry as stabilizers for textile dyeing and peroxide bleaching.

For instance,

• The Indian Brands Equity Foundation published a report in May 2022. According to this report, the home textile exports of India grew at a healthy CAGR rate, i.e. 9% in the year 2021.

Country-wise Insights

Will Phosphonates Manufacturers Gain Noteworthy Profits in Japan?

“Rising Consumption of Water Propelling Demand for Phosphonates”

Sales of phosphonates in Japan are estimated to advance at a CAGR of 4.1% during the forecast period from 2023 to 2033. Japan is one of the prominent countries from Asia Pacific that consume water at a significant rate. Further, noticeable growth in different industries, including building material, cosmetics, water treatment, and others are also predicted to contribute to increased product demand.

Why is the United States Seeing Substantial Consumption of Phosphonates?

“Growing Demand from Water Treatment Industry in the Country”

Sales of phosphonates in the United States Market were more than US$ 255 million in the year 2022. Increasing product requirements from the water treatment industry and the rapid growth of the oil and gas industry are estimated to propel the demand for phosphonates in the coming years.

The Canadian phosphonates market is anticipated to expand at a significant CAGR of 6.2% from 2023 to 2033.

What is Allowing Phosphonate Manufacturers to Thrive in Germany?

“Increasing Application Scope in Pharmaceuticals Sector”

Demand for phosphonates in Germany is forecasted to progress at a CAGR of 4.6% through 2033. This growth is attributed to the rising application of phosphonates in the pharmaceutical industry, which can open up new growth opportunities.

Category-wise Insights

Which Type of Phosphonates is Most Preferred by End Users?

“HEDP Phosphonates Gaining Traction across End-use Industries”

Based on type, the global market is bifurcated into ATMP, HEDP, DTPMP, BHMT, and others. The HEDP segment is projected to hold a significant share of revenue while expanding at a CAGR of 6% during the forecast period from 2023 to 2033.

HEDP phosphonates act as corrosion inhibitors, excellent scale inhibitors, and complex chelating in different industries, including textiles, oilfields, water treatment, detergents, and others. Further, HEDP phosphonate prevents the formation of carbonate deposits and insoluble sulfate, which makes it an ideal chemical that reduces hard coating on the fabric.

Which Application of Phosphonates is Creating High Revenue Streams?

“Demand for Water Cleaners to Grow Substantially”

Owing to application, the global industry is divided into water cleaners, scale inhibitors, bleach stabilizers, chelating agents, concrete additives, and others. The water cleaners segment is estimated to hold a noticeable share of revenue in the coming years. It is predicted to advance at a CAGR of 6% through 2033.

Phosphonates generally act as chemical additives. They function as corrosion inhibitors, sludge conditioners, threshold antiscalants, and others. In the production of drinking water, phosphonates are used widely as antiscalants to reduce the formation of precipitation of salts in water and clean the water with the use of a water treatment procedure.

Which End User Holds a Noticeable Share of Market Revenue?

“Pharmaceuticals Industry Accounts for High Product Demand”

Based on end use, the global market is segmented into water treatment, pharmaceuticals, textiles, oil & gas, pulp and paper, agriculture, and others. Among these, the pharmaceutical industry is estimated to hold a significant share of the revenue.

High use of phosphonates in pharmaceuticals is owing to their pharmacological utility and inhibitors of enzymes. They are further used to metabolize pyrophosphate and phosphate substrates. In addition, phosphonates are used widely to treat anticancer targets, bone resorption disorders, and other therapeutic applications.

Phosphonate nucleotides, including adefovir, tenofovir, and cidofovir are critical antiviral medications that are used to provide treatment against hepatitis B and HIV.

Competitive Landscape

Key players are adopting numerous strategies to expand their footprints around the world. They are taking initiatives for new development to strengthen their supply chain management system while sticking to the regulation implemented for quality control. These players also adhere to safety regulations to ensure a safe and healthy environment for workers.

For instance,

• Italmatch Chemicals Group, in January 2020, acquired the RecoPhos Technology from Israel Chemicals. This initiative will promote the activities of the group in the development of a new process to manufacture Elemental Phosphorus.

Fact.MR, a market research and competitive intelligence provider, offers detailed information on market players in its newly published research report. Prominent suppliers of phosphonates are Aquapharm Chemicals, Changzhou Yuanquan Hongguang Chemical, Italmatch Chemicals, Qingshuiyuan Technology, Shandong Xintai Water Treatment Technology, Yichang Kaixiang Chemical, Zeel Product, and Zaozhuang Kerui Chemicals.

Segmentation of Phosphonates Industry Research

• By Type :

  • ATMP
  • HEDP
  • DTPMP
  • BHMT
  • Others

• By Application :

  • Water Cleaners
  • Scale Inhibitors
  • Bleach Stabilizers
  • Chelating Agents
  • Concrete Additives
  • Others

• By End Use :

  • Water Treatment
  • Pharmaceuticals
  • Textiles
  • Oil & Gas
  • Pulp and Paper
  • Agriculture
  • Others

• By Region :

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa