Global and China Tetrakis (Hydroxymethyl) Phosphonium Sulfate Market Insights, Forecast to 2027

The biocides segment in the tetrakis(hydroxymethyl)phosphonium sulfate market is projected to be the fastest-growing segment. THPS as a biocide is an important chemical used in hydraulic fracturing as well as water treatment systems. Biocides are used mainly for killing and controlling bacteria, as they can cause instability in viscosity and pose high threats. THPS was used initially as an industrial biocide in cooling systems. THPS biocides are aqueous solutions that do not contain volatile organic compounds (VOCs).
The global tetrakis(hydroxymethyl)phosphonium sulfate market, in terms of value, is estimated to account for nearly USD 202 million in 2019 and projected to grow at a CAGR of 5.5%, to reach approximately USD 279 million by 2025. The growth of the oil & gas and textile industries is driving the THPS market as the demand and frequency of use have increased. With a large number of plants using THPS as an anti-microbial agent, the requirement for the chemical is expected to rise in the near future.

Market Analysis and Insights: Global and China Tetrakis (Hydroxymethyl) Phosphonium Sulfate Market
This report focuses on global and China Tetrakis (Hydroxymethyl) Phosphonium Sulfate market.
In 2020, the global Tetrakis (Hydroxymethyl) Phosphonium Sulfate market size was US$ XX million and it is expected to reach US$ XX million by the end of 2027, with a CAGR of XX% during 2021-2027. In China the Tetrakis (Hydroxymethyl) Phosphonium Sulfate market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Tetrakis (Hydroxymethyl) Phosphonium Sulfate Scope and Market Size
Tetrakis (Hydroxymethyl) Phosphonium Sulfate market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Tetrakis (Hydroxymethyl) Phosphonium Sulfate market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For China market, this report focuses on the Tetrakis (Hydroxymethyl) Phosphonium Sulfate market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in China.

Segment by Type
Biocide
Iron Sulfide Scavenger
Flame Retardant
Tanning Agent

Segment by Application
Oil & Gas
Water Treatment
Textile
Leather
Others (Paper & Paperboard Manufacturing; Paints, Coatings, And Emulsion; Agriculture; And Aquaculture)

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

By Company
Arkema S.A. (France)
Solvay (Belgium)
DuPont (US)
Hubei Xingfa Chemicals Group Co., Ltd (China)
Changshu New-Tech Chemicals Co., Ltd. (China)
Jiangxi Fuerxin Medicine Chemical Co., Ltd. (China)
Jiangsu Kangxiang Industrial Group Co., Ltd. (China)
Prasol Chemicals Pvt. Ltd. (India)
Hubei Lianxing Chemical Co., Ltd. (China)
Jiangsu Danai Chemical Co., Ltd.(China)
Finoric LLC (US)
Compass Chemical (US)

Frequently Asked Questions