Product Code: ETC196596 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
Polyphosphoric acid is a highly corrosive and viscous liquid compound, formed by heating phosphoric acid to temperatures higher than 100?C. It has wide applications in industries such as food & beverages, chemical, water treatment, pharmaceuticals, agricultural chemicals and others. Polyphosphoric acids are also used for various research purposes owing to their unique properties such as high thermal stability and low hygroscopicity.
The increasing demand from end-use industries is the primary driver of the global polyphosphoric acid market growth over the forecast period. Growing industrialization in developing countries across Asia Pacific region is projected to drive the market further during the next five years. Increasing application of polyphosphoric acids in different areas including but not limited to food & beverage industry, synthesis of organic compounds and pharmaceutical drugs are key factors fuelling its demand globally. Furthermore, technological innovations regarding effective production techniques propels market growth significantly.
Despite having considerable potential for usage in various sectors there remain certain challenges which limit its use such as availability of substitutes in some cases that offer lower cost advantage over polyphosphates; issues related with handling due to strong acidic nature; environmental regulations limiting phosphate discharge into water bodies etcetera restricts its usage propelling need for alternatives that can substitute it partially or completely resulting into overall decline in sales volume.. Additionally rising prices due to limited resources pose further challenge towards achieving profitability through successful marketing strategies.
The major players operating within this sector include Astar Chemicals Co., Ltd., Tosoh Corporation , Shandong Luhua Technology Co., Ltd., PRAYON SPAIN SLU , Huiyuan Chemical Group Co., Ltd., Hubei Yuancheng Saichuang Technology Co., Ltd among many others offering products at competitive prices coupled with improved services capabilities thereby expanding their customer base worldwide.
The pandemic has had both positive and negative implications on this industry depending upon underlying circumstances however largely affected negatively due COVID-19 lockdown measures imposed across regions leading towards decreased economic activities rendering downstream industries inactive ultimately hampering manufacturing operations resulting into lack of availability adversely affecting product supply chain network world wide. In addition closure/ delays pertaining shipments caused disruption hindering timely delivery schedules creating inevitable issues affecting profits margins impacting top line revenues posing threat towards sustainability of business models temporarily until regular operations resume back again following relaxations implemented by governments.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Polyphosphoric Acid Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Polyphosphoric Acid Market Revenues & Volume, 2021 & 2031F |
3.3 India Polyphosphoric Acid Market - Industry Life Cycle |
3.4 India Polyphosphoric Acid Market - Porter's Five Forces |
3.5 India Polyphosphoric Acid Market Revenues & Volume Share, By By Functions, 2021 & 2031F |
3.6 India Polyphosphoric Acid Market Revenues & Volume Share, By By Applications, 2021 & 2031F |
4 India Polyphosphoric Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Polyphosphoric Acid Market Trends |
6 India Polyphosphoric Acid Market, By Types |
6.1 India Polyphosphoric Acid Market, By By Functions |
6.1.1 Overview and Analysis |
6.1.2 India Polyphosphoric Acid Market Revenues & Volume, By By Functions, 2021-2031F |
6.1.3 India Polyphosphoric Acid Market Revenues & Volume, By Dehydrating agent, 2021-2031F |
6.1.4 India Polyphosphoric Acid Market Revenues & Volume, By Catalyst, 2021-2031F |
6.1.5 India Polyphosphoric Acid Market Revenues & Volume, By Chemical synthesis, 2021-2031F |
6.1.6 India Polyphosphoric Acid Market Revenues & Volume, By Others, 2021-2031F |
6.2 India Polyphosphoric Acid Market, By By Applications |
6.2.1 Overview and Analysis |
6.2.2 India Polyphosphoric Acid Market Revenues & Volume, By Chemicals, 2021-2031F |
6.2.3 India Polyphosphoric Acid Market Revenues & Volume, By Polymers and plastics, 2021-2031F |
6.2.4 India Polyphosphoric Acid Market Revenues & Volume, By Petrochemicals, 2021-2031F |
6.2.5 India Polyphosphoric Acid Market Revenues & Volume, By Others, 2021-2031F |
7 India Polyphosphoric Acid Market Import-Export Trade Statistics |
7.1 India Polyphosphoric Acid Market Export to Major Countries |
7.2 India Polyphosphoric Acid Market Imports from Major Countries |
8 India Polyphosphoric Acid Market Key Performance Indicators |
9 India Polyphosphoric Acid Market - Opportunity Assessment |
9.1 India Polyphosphoric Acid Market Opportunity Assessment, By By Functions, 2021 & 2031F |
9.2 India Polyphosphoric Acid Market Opportunity Assessment, By By Applications, 2021 & 2031F |
10 India Polyphosphoric Acid Market - Competitive Landscape |
10.1 India Polyphosphoric Acid Market Revenue Share, By Companies, 2024 |
10.2 India Polyphosphoric Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |