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Polyphosphoric Acid (PPA) Market: Introduction

  • Polyphosphoric acids (PPA) are reactive oligomers having a short-chain polymer. These inorganic chemicals are odorless, colorless, highly viscous liquids and possess strong hygroscopic properties. Phosphorus pentoxide (P2O5) and phosphoric acid (H3PO4) are two basic compounds used in the production of polyphosphoric acid (PPA). Its preparation procedure includes heating and dehydration of phosphoric acid followed by a polycondensation process. Polyphosphoric acid (PPA) is available in various grades in the market.
  • Polyphosphoric acids (PPA) are utilized in a wide variety of reagent applications in the chemical industry. These powerful dehydrating agents for organic synthesis, and intermediate for the production of phosphate esters with high mono-ester content. As a catalyst, polyphosphoric acid (PPA) is employed in petroleum and petrochemical for several processes such as dehydration, polymerization, alkylation, isomerization processes, and condensation. These compounds are also used in the metal treatment and as an asphalt and bitumen additive.

Key Drivers, Restrains, and Opportunities of Global Polyphosphoric Acid (PPA) Market

  • Demand for polyphosphoric acid (PPA) as a catalyst in numerous polymerization reactions is rising. Thus, significant expansion of the polymer and plastic industry is estimated to increase the demand for polyphosphoric acids (PPA) and subsequently, fuel the market. In the oil & gas sector, the dehydrating process is a crucial part of upstream operations. Surge in production of oil & gas, globally, is anticipated to propel the demand for dehydrating agent and subsequently, drive the demand for polyphosphoric acid (PPA).
  • Polyphosphoric acid (PPA) also plays an indispensable role in chemical intermediates. Therefore, a surge in the demand for petrochemical and chemical products is estimated to augment the polyphosphoric acid (PPA) market during the forecast period.
  • However, polyphosphoric acid (PPA) exhibits numerous harmful effects on the environment which is projected to hinder the market. Moreover, the stringent regulatory framework associated with the consumption of bio-based chemicals is also likely to hamper the demand for polyphosphoric acid (PPA) in numerous industrial applications.
  • The outbreak of COVID 19 has adversely impacted the global economy, as governments undertook lockdown measures to curb the spread of the virus. Various manufacturing activities were halted across different end-use industries. This led to weakened demand for polyphosphoric acid (PPA). The prevailing macro environment shall register signs of recovery based on the prevalence of COVID 19 and subsequent resumption of manufacturing plants.

North America to Capture Major Share of Global Polyphosphoric Acid (PPA) Market

  • Asia Pacific is anticipated to account for a major share of the global polyphosphoric acid (PPA) market, in terms of revenue, due to significant expansion of petroleum, petrochemical, and polymer & plastic industries in the region, primarily in China and India. Moreover, the availability of low-cost raw materials in China is likely to augment the polyphosphoric acid market in the region.
  • The market in North America and Europe is projected to expand at a steady growth rate during the forecast period. Stringent government regulations over the manufacturing industry coupled with shifting preference towards bio-based materials in these regions are estimated to hinder the demand for polyphosphoric acid.

Key Players Operating in Global Polyphosphoric Acid (PPA) Market

The global polyphosphoric acid (PPA) market is concentrated, with the presence of various key players. A large number of manufacturers hold a major share in their respective regions.

Major players operating in the global polyphosphoric acid (PPA) market are listed below:

  • Clariant
  • Arkema Group
  • Merck KGaA
  • Prasol Chemicals Pvt. Ltd
  • Lanxess AG
  • SMC Global

Global Polyphosphoric Acid (PPA) Market: Research Scope

Global Polyphosphoric Acid (PPA) Market, by Function

  • Dehydrating agent
  • Catalyst
  • Chemical Synthesis
  • Others

Global Polyphosphoric Acid (PPA) Market, by Application

  • Chemicals
  • Polymers and plastics
  • Petrochemicals
  • Others

Global Polyphosphoric Acid (PPA) Market, by Region

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

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.

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Polyphosphoric Acid Ppa Market