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Phosphonates Market Size
- Report ID: GMI5215
- Published Date: Apr 2023
- Report Format: PDF
Phosphonates Market Size
Phosphonates Market size valued at USD 1 billion in 2022 and is poised to register more than 7.5% CAGR from 2023 to 2032. Increasing focus on novel wastewater management solutions will complement the business expansion.
Rising demand for water treatment chemicals is expected to positively influence the phosphonates industry outlook. In the recent past, the adoption of wastewater management and water treatment have gained significant momentum with the increasing focus on ensuring improved community health across developed and developing countries. Phosphonates are extensively deployed in water treatment processes as they possess multi-functional metal ion control agents that allow the removal of hardness, color, and odor. They also prevent fouling by metal ions as well as control corrosion and scale formation, thus calling for increasing usage in detergents, cooling water, boiler water, and cleaners at pulp mills or oil fields.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Phosphonates Market Size in 2022: | USD 1 Billion |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 7.5% |
| 2032 Value Projection: | USD 2.2 Billion |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 603 |
| Tables, Charts & Figures: | 1,180 |
| Segments covered: | Product, Function, End-use, and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Phosphonates Market Scope
