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Phosphonates Market Trends

Report ID: GMI5215
Published Date: Apr 2023
Report Format: PDF

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Phosphonates Market Trends

The growing concerns associated with the toxic nature could restrain the phosphonates market dynamics, specifically with respect to demand and application. Phosphonates are widely used as antiscalants and chelating agents in water treatment and pulp & paper manufacturing. The wastewater produced during these processes contains high amount of phosphonates, which when combined with the environment or aquatic system can have an adverse impact due to low biodegradability.

However, the ongoing developments in the field of enzymatic degradation of phosphonates, and the production of bisphosphonates are anticipated to help overcome the current associated challenges, adding a positive influence on the market expansion.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Global market for phosphonates was worth USD 1 billion in 2022 and is anticipated to register 7.5% CAGR from 2023-2032.

HEDP product segment is estimated to reach over USD 930 million by 2032 due to widespread application in textile, wastewater treatment, and dental fields.

Asia Pacific phosphonates market size is expected to exceed USD 805 million by 2032 driven by the increasing focus on water treatment and recycling in countries such as India.

Italmatch Chemicals, ZEEL Product, Bozzetto Group, Zschimmer & Schwarz, Excel Industries Limited, and Manhar Specialities are some of the leading players in the market.