Red Phosphorus Market Is Anticipated to Reach Around USD 566.52 Million in 2028 – Credence Research

The revenue generated by the global Red Phosphorus market in 2021 was over USD 403.41 million and expected to generate revenue worth USD 566.52 million in 2028.

The Global Red Phosphorus Market generated revenue of around USD 403.41 million in 2021 and is anticipated to grow a CAGR of over 4.80% during the forecast period from 2021 to 2028 to reach around USD 566.52 million in 2028. While, cumulative growth opportunity presented by the global Red Phosphorus is around USD 3.46 billion during 2022 to 2028.

Global Red Phosphorus Market, 2021 – 2028 (USD Million)

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Red phosphorus is an allotrope of phosphorous that appears reddish, soft, and highly reactive. It does not occur naturally but is created in controlled environments with organic phosphorous and oxygen supplies. It is a form of the chemical element phosphorous – Phosphorous is a fundamental part and is essential for life on earth but is a highly toxic halogen gas. Red Phosphorus is available in two grades namely High Purity and Low Purity.

High Purity Red Phosphorus to Grow at Rapid Pace

High Purity and Low Purity are some of the important types of Red Phosphorus used across different industries. However, High Purity Red Phosphorus are growing in demand and held significant share in total revenue generation with over 55% in 2021. While, Low Purity market segment is poised to play important role growth of Red Phosphorus in the years to come.

Electronics Industry to Govern Future Growth of Red Phosphorus Industry

Textile, Plastic, Electricity & Electronics, Chemical, Agricultural, Metallurgical and Others are major application markets for the global Red Phosphorus industry. Electronics industry held the largest share of global Red Phosphorus industry in 2021 with over 25% contribution to revenue generated by Red Phosphorus market. Secondly, agriculture industry is also expected to grow at a significant CAGR which in turn likely to drive demand for Red Phosphorus based fertilizers. Moreover, plastics and textiles are also witnessing increasing consumption of Red Phosphorus owing its flame retardant capabilities.

Europe is Leading Red Phosphorus Demand

Europe is leading the Red Phosphorus industry with over 30% share in 2021. Increasing demand for flame retardant materials owing stringent safety regulation in Europe and North America, demand for Red Phosphorus is on the rise. Moreover, demand for Red Phosphorus is growing in Asia Pacific owing to increasing consumption of Red Phosphorus Fertilizers.

Major players operating in the Red Phosphorus industry include but not limited to Akzo Nobel, Albemarle Corporation, BASF SE, Chemtura Corporation Limited, Clariant International Ltd., Huber Engineered Materials, Israel Chemicals Limited (ICL), Italmatch Chemicals, Lanxess AG and Nabaltech AG. Global Red Phosphorus market is characterized by the presence of large number of manufacturers across the world. Increasing production capacity in order to achieve economies of scale and growing in market share is primary focus of the industry participants.

Market Segmentation

Global Red Phosphorus Market by Type, 2016 – 2028

High Purity
Low Purity

Global Red Phosphorus Market by Distribution Channel, 2016 – 2028

Textile
Plastic
Electricity & Electronics
Chemical
Agricultural
Metallurgical
Others

Global Red Phosphorus Market by Company, 2016 – 2028

Akzo Nobel
Albemarle Corporation
BASF SE
Chemtura Corporation Limited
Clariant International Ltd.
Huber Engineered Materials
Israel Chemicals Limited (ICL)
Italmatch Chemicals
Lanxess AG
Nabaltech AG
Others

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Table of Content

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

2. Executive Summary
2.1. Market Snapshot: Global Red Phosphorus Market

3. Market Dynamics & Factors Analysis
3.1. Introduction
3.1.1. Global Red Phosphorus Market Value, 2016-2028, (US$ Bn)
3.2. Market Dynamics
3.2.1. Key Growth Trends
3.2.2. Major Industry Challenges
3.2.3. Key Growth Pockets
3.3. Attractive Investment Proposition,2021
3.3.1. Type
3.3.2. Application
3.3.3. Geography
3.4. Porter’s Five Forces Analysis
3.4.1. Threat of New Entrants
3.4.2. Bargaining Power of Buyers/Consumers
3.4.3. Bargaining Power of Suppliers
3.4.4. Threat of Substitute Types
3.4.5. Intensity of Competitive Rivalry
3.5. Value Chain Analysis

4. Market Positioning of Key Players, 2021
4.1. Company market share of key players, 2021
4.2. Top 6 Players
4.3. Top 3 Players
4.4. Major Strategies Adopted by Key Players

5. COVID 19 Impact Analysis
5.1. Global Red Phosphorus Market Pre Vs Post COVID 19, 2019 – 2028
5.2. Impact on Import & Export
5.3. Impact on Demand & Supply

6. North America
6.1. North America Red Phosphorus Market, by Country, 2016-2028(US$ Bn)
6.1.1. U.S.
6.1.2. Canada
6.1.3. Mexico
6.2. North America Red Phosphorus Market, by Type, 2016-2028(US$ Bn)
6.2.1. Overview
6.2.2. High Purity
6.2.3. Low Purity
6.3. North America Red Phosphorus Market, by Application, 2016-2028(US$ Bn)
6.3.1. Overview
6.3.2. Textile
6.3.3. Plastic
6.3.4. Electricity & Electronics
6.3.5. Chemical
6.3.6. Agricultural
6.3.7. Metallurgical
6.3.8. Others

7. Europe
7.1. Europe Red Phosphorus Market, by Country, 2016-2028(US$ Bn)
7.1.1. UK
7.1.2. France
7.1.3. Germany
7.1.4. Italy
7.1.5. Russia
7.1.6. Spain
7.1.7. Belgium
7.1.8. Netherland
7.1.9. Austria
7.1.10. Sweden
7.1.11. Poland
7.1.12. Denmark
7.1.13. Switzerland
7.1.14. Rest of Europe
7.2. Europe Red Phosphorus Market, by Type, 2016-2028(US$ Bn)
7.2.1. Overview
7.2.2. High Purity
7.2.3. Low Purity
7.3. Europe Red Phosphorus Market, by Application, 2016-2028(US$ Bn)
7.3.1. Overview
7.3.2. Textile
7.3.3. Plastic
7.3.4. Electricity & Electronics
7.3.5. Chemical
7.3.6. Agricultural
7.3.7. Metallurgical
7.3.8. Others

8. Asia Pacific
8.1. Asia Pacific Red Phosphorus Market, by Country, 2016-2028(US$ Bn)
8.1.1. China
8.1.2. Japan
8.1.3. South Korea
8.1.4. India
8.1.5. Australia
8.1.6. New Zealand
8.1.7. Taiwan
8.1.8. Southeast Asia
8.1.9. Central Asia
8.1.10. Rest of Asia Pacific
8.2. Asia Pacific Red Phosphorus Market, by Type, 2016-2028(US$ Bn)
8.2.1. Overview
8.2.2. High Purity
8.2.3. Low Purity
8.3. Asia Pacific Red Phosphorus Market, by Application, 2016-2028(US$ Bn)
8.3.1. Overview
8.3.2. Textile
8.3.3. Plastic
8.3.4. Electricity & Electronics
8.3.5. Chemical
8.3.6. Agricultural
8.3.7. Metallurgical
8.3.8. Others

9. Latin America
9.1. Latin America Red Phosphorus Market, by Country, 2016-2028(US$ Bn)
9.1.1. Brazil
9.1.2. Argentina
9.1.3. Peru
9.1.4. Chile
9.1.5. Colombia
9.1.6. Rest of Latin America
9.2. Latin America Red Phosphorus Market, by Type, 2016-2028(US$ Bn)
9.2.1. Overview
9.2.2. High Purity
9.2.3. Low Purity
9.3. Latin America Red Phosphorus Market, by Application, 2016-2028(US$ Bn)
9.3.1. Overview
9.3.2. Textile
9.3.3. Plastic
9.3.4. Electricity & Electronics
9.3.5. Chemical
9.3.6. Agricultural
9.3.7. Metallurgical
9.3.8. Others

10. Middle East
10.1. Middle East Red Phosphorus Market, by Country, 2016-2028(US$ Bn)
10.1.1. UAE
10.1.2. KSA
10.1.3. Israel
10.1.4. Turkey
10.1.5. Iran
10.1.6. Rest of Middle East
10.2. Middle East Red Phosphorus Market, by Type, 2016-2028(US$ Bn)
10.2.1. Overview
10.2.2. High Purity
10.2.3. Low Purity
10.3. Middle East Red Phosphorus Market, by Application, 2016-2028(US$ Bn)
10.3.1. Overview
10.3.2. Textile
10.3.3. Plastic
10.3.4. Electricity & Electronics
10.3.5. Chemical
10.3.6. Agricultural
10.3.7. Metallurgical
10.3.8. Others

11. Africa
11.1. Africa Red Phosphorus Market, by Country, 2016-2028(US$ Bn)
11.1.1. South Africa
11.1.2. Egypt
11.1.3. Nigeria
11.1.4. Rest of Africa
11.2. Africa Red Phosphorus Market, by Type, 2016-2028(US$ Bn)
11.2.1. Overview
11.2.2. High Purity
11.2.3. Low Purity
11.3. Africa Red Phosphorus Market, by Application, 2016-2028(US$ Bn)
11.3.1. Overview
11.3.2. Textile
11.3.3. Plastic
11.3.4. Electricity & Electronics
11.3.5. Chemical
11.3.6. Agricultural
11.3.7. Metallurgical
11.3.8. Others

12. Global
12.1. Global Red Phosphorus Market, by Type, 2016-2028(US$ Bn)
12.1.1. Overview
12.1.2. High Purity
12.1.3. Low Purity
12.2. lobal Red Phosphorus Market, by Application, 2016-2028(US$ Bn)
12.2.1. Overview
12.2.2. Textile
12.2.3. Plastic
12.2.4. Electricity & Electronics
12.2.5. Chemical
12.2.6. Agricultural
12.2.7. Metallurgical
12.2.8. Others

13. Company Profiles
13.1. Akzo Nobel
13.2. Albemarle Corporation
13.3. BASF SE
13.4. Chemtura Corporation Limited
13.5. Clariant International Ltd.
13.6. Huber Engineered Materials
13.7. Israel Chemicals Limited (ICL)
13.8. Italmatch Chemicals
13.9. Lanxess AG
13.10. Nabaltech AG
13.11. Others

Browse the full report at  https://www.credenceresearch.com/report/red-phosphorus-market

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