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.
Global Tetrakis (Hydroxymethyl) Phosphonium Sulfate market size will increase to xx Million US$ by 2025, from xx Million US$ in 2018, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Tetrakis (Hydroxymethyl) Phosphonium Sulfate.
This report researches the worldwide Tetrakis (Hydroxymethyl) Phosphonium Sulfate market size (value, capacity, production and consumption) in key regions like North America, Europe, China and Japan.
This study categorizes the global Tetrakis (Hydroxymethyl) Phosphonium Sulfate breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Arkema S.A. (France)
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)
Tetrakis (Hydroxymethyl) Phosphonium Sulfate Breakdown Data by Type
Iron Sulfide Scavenger
Tetrakis (Hydroxymethyl) Phosphonium Sulfate Breakdown Data by Application
Oil & Gas
Others (Paper & Paperboard Manufacturing; Paints, Coatings, And Emulsion; Agriculture; And Aquaculture)
Tetrakis (Hydroxymethyl) Phosphonium Sulfate Production Breakdown Data by Region
Tetrakis (Hydroxymethyl) Phosphonium Sulfate Consumption Breakdown Data by Region
Central & South America
Middle East & Africa
The study objectives are:
To analyze and research the global Tetrakis (Hydroxymethyl) Phosphonium Sulfate capacity, production, value, consumption, status and forecast;
To focus on the key Tetrakis (Hydroxymethyl) Phosphonium Sulfate manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Tetrakis (Hydroxymethyl) Phosphonium Sulfate :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.