Global Phosphorous Acid Market
Segmentation, By Form (Liquid Phosphorous Acid, Solid Phosphorous Acid), By
Grade (Technical Grade, Pharmaceutical Grade, Food Grade), By Application (Agrochemicals,
Water Treatment Chemicals, Pharmaceuticals, Plastic and Polymer Additives, Food
and Beverage, Other Industrial Applications)- Industry Trends and Forecast to
2033
Global Phosphorous Acid Market
size was valued at USD 35120.2 million in 2024 and is expected to reach at
USD 66428.5 million in 2033, with a CAGR of 4.4% during the forecast period of
2025 to 2033.
Global Phosphorous Acid Market Overview
The global phosphorous acid
marketplace is experiencing consistent growth, pushed in general with the aid
of using its big use in agriculture, industrial, and pharmaceutical
applications. In agriculture, phosphorous acid serves as a key component in
phosphite-primarily based totally fertilizers and crop safety products,
improving plant disorder resistance and enhancing yields. Industrially, it's
far applied in flame retardants, plastic stabilizers, and water remedy
chemicals, whilst the pharmaceutical area leverages it as an intermediate for
organophosphorus compound synthesis. Rising consciousness on sustainable and
green agricultural practices, coupled with growing from rising economies, helps
marketplace expansion. However, regulatory restrictions, excessive uncooked
cloth costs, and environmental issues may also restriction adoption in sure
regions.
Global Phosphorous Acid Market Scope
Global Phosphorous
Acid Market |
|||
Years
Considered |
|||
Historical Period |
2020 - 2023 |
Market Size (2024) |
USD 35120.2 Million |
Base Year |
2024 |
Market Size
(2033) |
USD 66428.5 Million |
Forecast Period |
2025 - 2033 |
CAGR (2025 – 2033) |
4.4% |
Segments
Covered |
|||
By Form |
·
Liquid Phosphorous Acid ·
Solid Phosphorous Acid |
||
By Grade |
·
Technical
Grade ·
Pharmaceutical
Grade ·
Food
Grade |
||
By Application |
·
Agrochemicals ·
Water Treatment Chemicals ·
Pharmaceuticals ·
Plastic and Polymer Additives ·
Food and Beverage ·
Other Industrial Applications |
||
Countries
Catered |
|||
North America |
·
United States ·
Canada ·
Mexico |
||
Europe |
·
United
Kingdom ·
Germany ·
France ·
Spain ·
Italy ·
Rest
of Europe |
||
Asia Pacific |
·
China ·
India ·
Japan ·
Australia ·
South Korea ·
Rest of Asia Pacific |
||
Latin America |
·
Brazil ·
Argentina ·
Rest
of Latin America |
||
Middle East & Africa
|
·
Saudi Arabia ·
South Africa ·
Rest of MEA |
||
Key Companies |
|||
·
Nutrien ·
IFFCO ·
OCP S.A. |
Global Phosphorous Acid Market Dynamics
The global phosphorous acid
marketplace is witnessing consistent increase pushed through more than one
elements throughout agriculture, business, and pharmaceutical sectors. In
agriculture, phosphorous acid is an increasing number of used as a key element
in phosphite-primarily based totally fertilizers and fungicides, which decorate
plant resistance to diseases, enhance crop yield, and guide sustainable farming
practices. Rising international call for for meals and the want to enhance crop
productiveness have located phosphorous acid as a essential enter for present
day agriculture. In the commercial sector, phosphorous acid is extensively
applied in flame retardants, plastic stabilizers, water remedy chemical
substances, and metallic completing processes, leveraging its chemical homes
for protection and durability. Additionally, withinside the pharmaceutical and
chemical industries, it serves as an intermediate for synthesizing
organophosphorus compounds, increasing its relevance in drug improvement and
forte chemical substances. Market developments encompass the improvement of
eco-friendly, water-soluble formulations, allowing higher absorption in
vegetation and decreasing environmental impact. Companies also are that
specialize in aggregate merchandise that combine phosphorous acid with
different vitamins or fungicides to optimize plant fitness and streamline
software processes.
However, the marketplace faces
sure restraints and challenges, which includes regulatory regulations on
phosphorous-primarily based totally chemical substances in a few areas because
of environmental concerns, excessive uncooked fabric costs, and confined
attention amongst small-scale farmers concerning its right use. Additionally,
immoderate use can result in soil imbalance and ecological issues, at the same
time as opposition from opportunity phosphorus fertilizers and intermediates
poses a mission for good sized adoption. Overall, the marketplace increase is
supported through innovation, growing agricultural demand, and increasing
business applications.
Global Phosphorous Acid Market
Segment Analysis
The global market for phosphorous
acid is divided by form, grade, and application, reflecting various industrial
and agricultural needs. The market consists of liquid and solid phosphorous
acid forms. Liquid phosphorous acid stands out due to its ease of handling,
rapid absorption by crops, and compatibility with foliar applications as well
as fertigation systems, making it well-suited for agricultural purposes. In
contrast, solid phosphorous acid is less frequently encountered but is
preferred in industrial environments where precise dosing, stability, and
convenient storage are crucial, particularly in chemical manufacturing and
polymer production.
The market is categorized based
on grade into technical, pharmaceutical, and food grades. Technical-grade
phosphorous acid represents the largest segment, commonly used in
agrochemicals, water treatment, and various industrial applications thanks to
its cost-effectiveness. Pharmaceutical-grade phosphorous acid is used to
manufacture organophosphorus intermediates and specialized chemicals for drug
production while ensuring high purity and compliance with regulatory standards.
Food-grade phosphorous acid serves as an acidity regulator and preservative in
food and beverage processing, notably in items like canned goods, soft drinks,
and fruit concentrates.
In terms of applications,
phosphorous acid is widely used in agrochemicals, water treatment chemicals,
pharmaceuticals, additives for plastics and polymers, food and beverages, and
several industrial sectors. In the agrochemical sector, it is a critical ingredient
in phosphite-based fertilizers and fungicides that enhance crop resilience and
yield. For water treatment, it helps prevent scale formation and corrosion in
industrial systems. Within the plastics and polymers field, phosphorous acid
acts as a stabilizer and flame retardant, while in pharmaceuticals, it is
utilized as an intermediate in the synthesis of organophosphorus compounds. It
is also used in the food and beverage industry for pH control and preservation.
Other industrial applications include metal finishing, textile processing, and
the production of specialty chemicals.
Global Phosphorous Acid Market
Regional Analysis
The global phosphorous acid
market is characterized by marked regional disparities, which are mainly
influenced by industrial development, agricultural consumption, and production
capacity of chemicals. Asia-Pacific is the leader in the market thanks to the
strong presence of agrochemical, plastic, and pharmaceutical industries in the
countries such as China, India and Japan. The agricultural sector of the region
is growing and the demand for phosphonate-based fertilizers is high, which
further supports the market's growth. North America is in the second place, and
the rising use of phosphorous acid in crop protection chemicals, water
treatment, and polymer stabilization in the U.S. are the major factors driving
the market. The European market is growing at a steady pace primarily due to
the tough rivalry between chemical producers and the implementation of
stringent environmental laws that demand and eventually lead to the use of
sustainable and quality production practices. At the same time, the demand in Latin
America, mainly in Brazil and Argentina, is on the rise owing to the extensive
farming operations going on in the area. Another region that has been gradually
gaining interest is the Middle East and Africa as it is reportedly becoming a
possible market for phosphorous acid, especially because of the current
industrialization and the rising food security programs in the area.
Global Phosphorous Acid Market Key Players
·
The Mosaic Company
·
PJSC PhosAgro
·
Nutrien
·
IFFCO
·
EuroChem Group AG
·
Prayon Group
·
Israel Chemical Ltd.
·
Yara International
·
OCP S.A.
·
Aditya Birla Group
Recent Developments
In December 2024, First
Phosphate signed a license agreement with Prayon S.A. to use its MGA
(merchant grade phosphoric acid) technology from igneous apatite phosphate
rock. This allows First Phosphate to design, build, and operate an MGA plant in
Canada with sizeable capacity (600 metric tons of P₂O₅ per day). Engineering
services also contracted.
In August 2024, Prayon
S.A. acquired Natural Enrichment Industries, which produces calcium
phosphate salts. While not exactly phosphorous acid, it's related in the
phosphate salts / phosphate chemistry sphere.
Research Methodology
At Foreclaro Global Research, our
research methodology is firmly rooted in a comprehensive and systematic
approach to market research. We leverage a blend of reliable public and
proprietary data sources, including industry reports, government publications,
company filings, trade journals, investor presentations, and credible online
databases. Our analysts critically evaluate and triangulate information to
ensure accuracy, consistency, and depth of insights. We follow a top-down and
bottom-up data modelling framework to estimate market sizes and forecasts,
supplemented by competitive benchmarking and trend analysis. Each research
output is tailored to client needs, backed by transparent data validation
practices, and continuously refined to reflect dynamic market conditions.
The market size was valued at USD 35,120.2 million in 2024.