Phosphoric acid is a key ingredient in the production of surfactants, which are compounds that reduce the surface tension of liquids. It is used to produce anionic surfactants, which are used in a variety of applications, such as detergents, emulsifiers, and wetting agents. Phosphoric acid is also used in the production of nonionic surfactants, which are used in cosmetics, pharmaceuticals, and food products. The demand for phosphoric acid in the surfactant market is driven by the increasing demand for surfactants in various industries.
The phosphoric acid market is highly competitive, with a number of large and small players operating in the market. Some of the major companies in the market include BASF SE, DowDuPont, AkzoNobel, Solvay, and Evonik Industries. Show Less Read more