The Global Calcium Hypophosphite Market size is projected to grow at a CAGR of 3.4% during the forecast period, to reach USD 1,219.3 million by 2028. Increasing interest in pharmaceutical grade products and increasing industrial demand for coating applications are some of the factors that will drive growth in this industry during the next few years.
Calcium Hypophosphite is a white, odorless crystalline powder with the chemical formula Ca(HOPO)₃. Calcium hypophosphite was first discovered in 1885 by Ernestus Theodor Richter (1842-1900), who extracted it from rosin and named it "calcareous phosphorous acid." It is insoluble in water but soluble in nonpolar solvents like ethers or oil. Calcium Hypophosphite is most commonly used in electroplate applications, making it a key material for the production of automobiles and aircraft. The low cost of calcium hypophosphite also makes it an attractive substitute to many other phosphates that are more expensive to produce.
On the basis of Type, the market is segmented as Pharmaceutical Grade, Industrial Grade, and Others.
Pharmaceutical Grade Calcium Hypophosphite is a chemical reagent that can be used in pharmaceuticals and other applications where purity or compatibility with living cells is important. Calcium Hypophospate is an ingredient for many drugs such as ampicillin, erythromycin, oxytetracycline (OTC), penicillamine, and quinidine. Pharmaceutical-grade calcium hypophosphite replaces the commercial-grade product when a higher purity level is needed for pharmaceutical manufacturing processes because it has lower levels of impurities like sodium chloride that may contribute to drug toxicity or incompatibility with living cells. FDA regulations require the use of either pharmaceutical grade or industrial grade products depending on the process type being performed. The global demand for improved grade calcium hypophosphite is anticipated to show healthy growth during the forecast period.
Industrial grade calcium hypophosphite has many uses including as a component of electroplating baths, explosives for mining or quarrying, and the production of phosphate fertilizers. Industrial grades also have used as additives to cement materials to prevent corrosion such as white phosphorous-blended Portland Cement (WPC) that provides protection against chloride penetration from external sources. The industrial product may contain CaO impurities which would result in higher NaCl content found in soil near an application site. This could lead to environmental problems like eutrophication.
On basis of Application, the market is segmented into Pharmaceutical, Coating, Electroplate, and Chemical Engineering. Pharmaceutical grade calcium hypophosphite is mainly used in the production of pharmaceuticals as a low-cost filler for drugs such as aspirin to reduce manufacturing costs. The increased demand from the Asia Pacific over the last few years has been driving this application segment in recent times. In coating applications, it is primarily used as an anti-corrosive agent or rust inhibitor on paints and coatings which results in longer shelf life of products due to a lower degradation rate with time. Industrial grades are typically employed throughout the chemical industry as a pH buffering agent, corrosion inhibitor, or desiccant.
On basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is expected to be a dominant market with an increased demand for it owing to its properties which make them ideal for oral consumption and administration of injectable drugs. Asia Pacific region is projected to grow at the fastest rate in terms of volume due to major investments made by countries such as India where production has been on a constant rise. China emerged as the largest manufacturer and exporter accounting for more than 80% of total exports globally followed by Mexico. India is expected to be among one of the major contributors to this trend on account of its rapid development activities which has led to increasing demand from countries across the Asia Pacific region including Malaysia, Indonesia, and Thailand.
Up Market Research published a new report titled “Calcium Hypophosphite Market research report which is segmented by Types (Pharmaceutical Grade, Industrial Grade, Others), By Applications (Pharmaceutical, Coating, Electroplate, Chemical Engineering), By Players/Companies IRO, GFS Chemicals, Anan Drug, Anish Chemical, Wuhan Ruiji Chemical, Sigma-Aldrich”.
|Report Attributes||Report Details|
|Report Title||Calcium Hypophosphite Market Research Report|
|By Type||Pharmaceutical Grade, Industrial Grade, Others|
|By Application||Pharmaceutical, Coating, Electroplate, Chemical Engineering|
|By Companies||IRO, GFS Chemicals, Anan Drug, Anish Chemical, Wuhan Ruiji Chemical, Sigma-Aldrich|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||229|
|Number of Tables & Figures||161|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Pharmaceutical Grade, Industrial Grade, Others and By Application Pharmaceutical, Coating, Electroplate, Chemical Engineering.
Some of the companies that are profiled in this report are:
Calcium Hypophosphite Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Calcium Hypophosphite Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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