Tetrakis (Hydroxymethyl) Phosphonium Sulfate - Global Strategic Business Report

Global Tetrakis (Hydroxymethyl) Phosphonium Sulfate Market to Reach $411.2 Million by 2030

The global market for Tetrakis (Hydroxymethyl) Phosphonium Sulfate estimated at US$221.5 Million in the year 2022, is projected to reach a revised size of US$411.2 Million by 2030, growing at a CAGR of 8% over the analysis period 2022-2030. Biocide, one of the segments analyzed in the report, is projected to record 8.8% CAGR and reach US$166.4 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Iron Sulfide Scavenger segment is readjusted to a revised 7.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $60.3 Million, While China is Forecast to Grow at 12.9% CAGR

The Tetrakis (Hydroxymethyl) Phosphonium Sulfate market in the U.S. is estimated at US$60.3 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$98.1 Million by the year 2030 trailing a CAGR of 12.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.5% and 6.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.8% CAGR.

Select Competitors (Total 43 Featured) -

• Arkema S.A.
• Changshu New-Tech Chemicals Co., Ltd.
• ChinaChemNet Corporation
• Compass Chemical
• Dow, Inc.
• DuPont de Nemours, Inc.
• Finoric LLC
• Hubei Lianxing Chemical Co., Ltd.
• Hubei Xingfa Chemicals Group Co., Ltd.
• Jiangsu Dan AI Chemical Co., Ltd.
• Jiangsu Kangxiang Industrial Group Co., Ltd.
• Jiangxi Fuerxin Medicine Chemical Co., Ltd.
• Lianxing Chemical Co., Ltd.
• Merck KGaA
• Prasol Chemicals Pvt. Ltd.
• Sigma-Aldrich (Merck KGaA)
• Solvay

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