Introduction
Global Yellow Phosphorus Market
The global yellow phosphorus market is anticipated to fetch immense gains during the assessment period. Yellow phosphorus is considered as a chemical element whose derivatives are extensively used in applications such as, water treatment, detergents, flame retardants, chemical intermediates, batteries, fertilizers, and others.
The demand for yellow phosphorus has been rising at a rapid pace, mainly due to the increased availability of arable land, coupled with the rising consumption of meat and diverse food items. Yellow phosphorus is not applied to crops every year as plants absorb and store them for longer duration.
The declining availability of arable land per capita across several nations such as, the United States, China, and India, can be considered one of the vital factors bolstering the growth of yellow phosphorus across the globe. Yellow phosphor is generally used to enhance the yield, thus finds major application in irrigation sector. With the rising number of global population and decreasing arable land, the need to enhance crop yield has become necessary in order to meet the need for food production. Rising demand for meat and other food products and surging population are estimated to bolster the growth of yellow phosphorus market during the estimated timeframe.
On the contrary, there are several factors affecting the yellow phosphorus market across the globe. Concerns such as, P2O5 grade of phosphorus and cadmium pollution, as it is considered harmful, impacts the human health as well as the environment, will impact the growth of the yellow phosphorus market across the globe. Moreover, rising awareness regarding the inefficient use and loss of phosphate against the background of urbanization will restrict the market for yellow phosphorus during the stipulated timeframe.
Get Free Sample Report at https://www.wiseguyreports.com/sample-request/4538957-global-yellow-phosphorus-market-professional-survey-report-2019
Key Players of Global Yellow Phosphorus Market =>
Segmental Analysis
The global yellow phosphorus market has been segmented on the basis of type and application.
By type, the global yellow phosphorus market has been segmented into In Benzene ≥99.9 and In Benzene ≥99.5.
The application segment of yellow phosphorus market is segmented into red phosphorus, phosphoric acid, organic phosphorus pesticide, various halogenated phosphorus, and others.
Regional Insights
Geographically, the yellow phosphorus market spans across China, Japan, Europe, North America, India, and Southeast Asia.
Considering the global scenario, China is considered the world’s significant producer and exporter of yellow phosphorus. Producers of yellow phosphorus from China face major challenges in terms of declining consumption, surging transportation costs and coal prices, and enhancement of stocks, which lead to the production of low grade yellow phosphorus capacity. Phosphate reserves of China are declining, which are further impacting the country’s ability to enhance and maintain the production capacity. Factors such as, weaker producer margins, declining state support, spare capacity, low utilization, and stagnant future growth aspects are likely to impact the production of yellow phosphorus negatively.
The yellow phosphorus market is being led by the APAC, mainly due to the surging demand for flexible mandates and policies which are imposed by the government along with the rising demand for derivatives of yellow phosphorus. The market for yellow phosphorus will gain immense growth in the countries of India and China to be specific. On the other hand, the yellow phosphorus market in the European regions will benefit in the coming years, mainly due to the surging demand for electrical car batteries.
Get Detailed Report at https://www.wiseguyreports.com/reports/4538957-global-yellow-phosphorus-market-professional-survey-report-2019
NOTE : Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.
About Us:
Wise Guy Reports is part of the Wise Guy Research Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe.