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Phosphonates are a class of chelating agents and scale inhibitors with a phosphonic acid group in common. Phosphonates are phosphonic acid organometallic compounds with R being an alkyl or aryl group and CPO(OH) or CPO(OR) groups. Commercially significant chemicals made from phosphonic acids include phosphonates, glyphosate, and the widely used plant growth regulator ethephon. They are used in a variety of products, including personal care items, water treatment additives, and household and industrial cleaning solutions. For the treatment of osteoporosis, people frequently use bisphosphonates and other phosphonate derivatives. One of the cornerstones of anti-HIV therapy is tenofovir, an antiviral nucleotide analogue, and phosphonate is a stable bioisotere for phosphate in medicinal chemistry.
Europe Phosphonate Market Report Scope and Research Methodology:
The Europe Phosphonate Market report's main goal is to provide stakeholders with a comprehensive analysis of the market in simple language. Market research was carried out by categorising the Europe Phosphonate market into major segments. The main segments of the Europe Phosphonate Market were further subdivided into various sub-segments. The report examines the Europe Phosphonate industry's drivers, opportunities, constraints, and challenges by region and segment. Historical data, meaningful insights, facts, statistically supported and industry-validated market statistics, as well as estimates based on an appropriate set of assumptions and methodologies, are all included in the market report.
The data for the Europe Phosphonate market report was gathered through primary and secondary research methods, which were then combined and analysed to produce accurate and error-free results. The secondary research includes a review of annual and financial reports from leading players, whereas the primary research includes interviews with key opinion leaders and Europe Phosphonate industry experts such as skilled front-line personnel, entrepreneurs, and marketing professionals. The bottom-up approach was used to estimate the size of the Europe Phosphonate market. The SWOT analysis was used to determine the strengths and weaknesses of the Europe Phosphonate Market, whereas the PESTLE and PORTER analyses were used to determine the effects of macroeconomic and microeconomic factors on the Europe Phosphonate Market.
Europe Phosphonate Market Report Overview:
The most recent revenue and market trends in the Europe Phosphonate Market are covered in the report. It includes a market overview, definition, structure, and planned and preventative management. The report focuses on the elements that both positively and negatively affect the Europe Phosphonate Market. It also helps in figuring out the Europe Phosphonate Market's potential in the upcoming years. The report helps with market entry decisions and comprehension of the industry's context.
Europe Phosphonate Market size was valued at US$ 295.2 Mn. in 2021 and the total revenue is expected to grow at CAGR of 6.4% through 2022 to 2027, reaching nearly US$ 428.23 Mn. by 2027.
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Europe Phosphonate Market Dynamics:
Increased use of phosphonates in the medical and textile industries Consumption of phosphorus is directly related to the growth of numerous industries, including textiles, water purification, pulp manufacturing, and pharmaceuticals. Over the forecast period, it is expected that the pharmaceutical industry will grow steadily. The rise in diseases and population has increased the demand for antibiotics. The majority of antibiotics used to treat urinary tract infections contain phosphoric compounds. The phosphonate market is expected to grow over the forecast period due to changing lifestyles and fashion trends, as well as people's desire to be fashionable, and the fact that these phosphonates are used as bleach stabilisers in the textile industry.
Europe Phosphonate Market Segmentation:
The Phosphonate Market is divided into three types: ATMP, HEDP, and DTPMP. Due to its wide range of applications and high market demand, HEDP will hold a 54% market share in the phosphonate market by 2021. In applications for water treatment and cleaning, hydroxy ethylidene diphosphonic acid (HEDP) is a phosphonate used as a chelating agent, scale inhibitor, and corrosion inhibitor. Metalworking, textile processing, reverse osmosis water treatment, boiler, cooling, and oilfield applications are just a few industries that use HEDP. It can also be found in cleaning supplies for both commercial and residential use. In 2021, ATMP has a 31% market share. The 2021-established abbreviation amino triphosphate stands for amino triphosphate.
The Phosphonate Market is divided into two categories, Water Treatment and I&I Cleaner. Due to the region's high oil and gas imports and subsequent high number of refineries, I&I cleaner will hold a 58% market share of the phosphate market in 2021. It also performs better than other common cleaning agents in terms of cleaning outcomes. Oils, greases, and particulates can all be effectively removed by phosphate-based I&I cleansers. Additionally, phosphonate-based I&I cleaners are efficient at eliminating bacteria and other disease-causing germs. Phosphonate is used in I&I cleaners in addition to the industrial and institutional sectors. In 2021, 42% of the market will be devoted to water treatment.
Europe Phosphonate Market Key Players:
Italmatch Chemicals
Aquapharm Chemicals
Zeel Product
Qingshuiyuan Technology
Shandong Taihe Water Treatment Technologies
Jianghai Environmental Protection
WW Group
Changzhou Kewei Fine Chemicals
Excel Industries
Manhar Specialities
Shandong Xintai Water Treatment Technology
Zaozhuang Kerui Chemicals
Changzhou Yuanquan Hongguang Chemical
Yichang Kaixiang Chemical
Europe Phosphonate Market Regional Insights:
Geographically, the report is divided into several key countries, with Europe Phosphonate market size, growth rate, import and export of Europe Phosphonate market in these countries, covering North America, the United States, Canada, Mexico, Europe, the United Kingdom, Germany, France, Spain, Italy, the Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, the Rest of APAC, South America, Brazil, and the Middle East and Africa.
Key Questions answered in the Europe Phosphonate Market Report are:
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