Phosphorus & Derivatives Market worth 107.5 Million Metric Tons By 2018

Phosphorus , symbol P and atomic number 15 ,is a nonmetallic chemical element. phosphorus as a mineral is almost always present in its maximally oxidised state, as inorganic phosphate rocks.

Types-

• White phosphorus
• Red phosphorus                                                   

Phosphorus derivatives- 

• Industrial phosphates (sodium, calcium, potassium, aluminum, and magnesium phosphates)
• Phosphoric acid
• Phosphorus chlorides
• Phosphorus pentasulfied 
• Phosphorus pentoxide

Applications-

Phosphorus fertilizers,as basic nutrient for plant growth also serves for higher and faster yields of crops. This has made fertilizers the most important application of phosphorus and its derivatives market. Fertilizers also finds applications in detergents of phosphorus and its derivatives. Government bodies of developed countries have imposed regulations on the use of phosphorus in detergents that restricts the growth in the developing countries.Phosphorus forms a number of derivatives, of which ammonium phosphates has the highest market share. Its use in fertilizers has been driving its demand.

Red Phosphorus (Source-Google images)

White Phosphorus (Source-Google images)

Yellow phosphorus is an intermediate in the production of phosphorus derivatives. Its production is highly energy intensive with electricity playing a major role in the cost of production. The major countries that produce yellow phosphorus are China, U.S., Kazakhastan, and Vietnam.

Major players in this market are OCP Sa (Morocco), The Mosaic Company (U.S.), PotashCorp (Canada), EuroChem (Russia), PhosAgro (Russa), Vale S.A. (Brazil), Isreal Chemicals Limited (Isreal), Prayon group (Belgium), Innophos Holding Inc. (U.S.) and United Phosphorus Limited (India). A number of Chinese players such as Yuntianhua Group Co. Ltd, Jiangyin Chengxing Industrial Group Co. Ltd, and Hubei Xingfa Chemicals Group Co. Ltd operate in this market.

Phosphorus & Its Derivatives Market Share, By Geography, 2012

Source: MarketsandMarkets Analysis

Asia has been identified as the largest market as well as the highest growing in the next five years among all regional markets. Asia has emerged as an important consumer with China being the largest producer and consumer while India accounts for the largest imports of phosphorus and its derivatives. The need to be self sufficient in meeting domestic food demands has been driving the consumption of phosphorus in terms of fertilizers and crop protection chemicals. The other regions covered are Americas (constituting North America and South America), Europe, Africa, Oceania and the Middle East.

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