Get In Touch

Phosphites: Introduction

  • Phosphites is an alkali metal salt of phosphorous acid. Phosphites help in bio-stimulating the performance of plants by activating their molecular, biochemical, and physiological responses. Phosphite is often used as a source of increasing energy and nutrient uptake in plants, thereby fostering the growth of roots. This boosts the yield and nutritional value of horticultural crops. Furthermore, phosphites are adsorbed and attached to soil minerals more than phosphates.
  • Phosphites are often used as secondary antioxidants and stabilizers for polyolefins, styrenic polymers, engineering plastics, and other plastics
  • Based on form, the global phosphites market can be segmented into liquid and solid. The liquid segment is expected to hold major share of the market in the near future owing to ease of mixing and excellent solvent characteristics of liquid phosphites.

For Right Perspective & Competitive Insights on Automotive Brake Override System Market, Request for a Sample

Key Drivers of Phosphites Market

  • Ability of phosphites to enhance root & shoot growth and bud & fruit quality is expected to drive the demand for phosphites in the agriculture sector. Additionally, the bio-stimulating characteristic of phosphites is anticipated to drive its demand in applications such as pesticides and fertilizers.
  • Growth in population, increase in income of the middle class, considerable improvements in lifestyle of the people, and rise in awareness about physical wellbeing are some of the factors estimated to boost the production and consumption of healthy food products across the globe. Phosphites help increase nutritional value of crops by bio-stimulating the defense mechanism in plants. This is expected to drive the demand for phosphites in the formulation of crops.

Are you a start-up willing to make it big in the business? Grab an exclusive PDF Brochure of this report

Asia Pacific to Hold Major Share of Global Phosphites Market

  • Based on region, the global phosphites market can be split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
  • The agriculture sector is well established in countries in Asia Pacific such as India, China, Indonesia, the Philippines, Malaysia, and Thailand. Furthermore, these countries hold major share in terms of export of agricultural goods across the globe. This is projected to drive the demand for phosphites, as these are extensively used in improving the yield of crops. 
  • Increase in governmental initiatives toward the growth of the agriculture sector is expected to drive the demand for phosphites in Asia Pacific. For instance, the Government of India has launched the Pradhan Mantri Krishi Sinchai Yojana (PMKSY) for the development of irrigation sources to prevent drought. The investment in the initiative stood at US$ 7.7 Bn. Furthermore, the government plans to triple the capacity of the food processing sector in India by committing an investment of US$ 936.38 Bn for mega food parks in the country. The investment is under the Scheme for Agro-Marine Processing and Development of Agro-Processing Clusters (SAMPADA).
  • The market in North America and Europe is anticipated to expand at a significant pace during the forecast period. The preliminary factor which is expected to drive the demand for phosphites in Europe is the presence of wide variety of crops grown across various countries in the region. Furthermore, manufacturers operating in North America and Europe are highly engaged in development of advanced technologies and economies of scale to produce low-cost phosphites. Additionally, producers operating in Europe and North America are highly focused on expanding their production capacities in emerging regions to expand their reach.
  • The phosphites market in Middle East & Africa is estimated to expand at a moderate pace, owing to the presence of a few producers across the region. The market in Latin America is anticipated to expand at a significant pace, due to substantial improvement in the agricultural sector in the region.

Key Players Operating in Market

The global phosphites market is highly consolidated, with the leading producers accounting for prominent share. Additionally, manufacturers operating in the market are highly engaged in enhancing the quality of their existing line of phosphites to gain higher share in the global phosphites market. Key players operating in the phosphites market include:

  • Van Iperen International
  • Phoenix Environmental Care
  • Suzhou Coonit Fine Chemical Technology Co. Ltd.
  • Luxembourg-Pamol Inc.
  • Plant Food Company Inc.
  • Rudong Huayun Chem
  • AGRI Nova, Agrowchem
  • Plant Food Systems
  • Pacific Agriscience

Global Phosphites Market: Research Scope

Global Phosphites Market, by Form

  • Powder/Solid
  • Liquid

Global Phosphites Market, by Application

  • Pesticides
  • Fertilizer
  • Stabilizer
  • Others

Global Phosphites Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Russia & CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.


Phosphites Market

Pre Book