Ferric Phosphate Market

Ferric Phosphate Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment; 2017 – 2027

  • Ongoing
  • April 2020
  • REP-GB-4889
Ferric Phosphate Market

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This Ferric Phosphate market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Ferric Phosphate market.

Ferric phosphate, often referred to as iron phosphate, is an inorganic compound which is formulated by the combination of iron, oxygen and phosphorus in a specified molar ratio. Ferric phosphate has various technical applications in different end-user industries, such as agricultural, automotive and among others.  Ferric phosphate is considered as one of the limited molluscicides which finds an exceptional adoption in organic farming. Ferric Phosphate is used to inhibit the growth of snails and slugs which are the primary sources of crop depredation. Ferric phosphate is used on a large scale in industries such as iron and steel manufacturing because of its exceptional corrosion prevention property and its ability to restrict the metal oxidation process. Ferric phosphate is also used in numerous coating applications, ferric phosphate is predominantly applied and used as a base for coating. It helps to provide high level of adhesion to the metal substrates and rustproofing property. Furthermore, the base coat is also used in bonding wood, fabrics and other materials to metal surfaces. Ferric phosphate coating plays a vital role in powder coating applications. Furthermore, one of the prominent application where ferric phosphate finds exceptional adoption is its usage as an electrode in lithium-ion battery. Regardless of its low electrical conductivity, ferric phosphate compound is a material of choice as an electrode in lithium-ion battery due to its better thermal stability and good cyclability. Also, the attributes like enhanced power density, enhanced operational life, high temperature resistance and safety benefits associated with the battery have resulted in increase in its adoption potential in various end-user industries.

Ferric Phosphate Market: Drivers and Restraints

Market Growth Analysis

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

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Globally, ferric phosphate market is witnessing a steady growth in demand over the past few years and the trend is expected to be followed in the upcoming years. One of the main reasons behind the growing demand for ferric phosphate is its adoption in different applications. Growth in automotive, agrochemicals and consumer electronic industries in last few years have resulted in an increase in demand for ferric phosphate. Region-wise, there has been a steady growth in cropping activities in past few years, specifically in APAC region. In order to inhibit the growth of pests and slugs, the use of ferric phosphate is increased as an agrochemical or pesticide product. Furthermore, the end users are witnessing a shift in automotive market as majority of OEM manufacturers are focusing on developing electric car portfolio. With increase in electric car fleet globally, the demand for lithium-ion battery based on ferric phosphate has increased significantly. Moreover, favourable government policies, such as use of eco-friendly and green technologies in some countries, for instance, China, South Korea and Japan and likewise, the economical manufacturing cost and higher growth rates are encouraging signs for ferric phosphate market. Major players present in the value chain are focusing on increasing the cumulative production of ferric phosphate from their manufacturing units. Also, emerging business models, such as strategic association of big players with the new entrants, which help them to develop their production capabilities with advanced technologies, further help in increasing the overall production of the ferric phosphate. Increase in R&D activities in order to increase the efficacy of the compound can also be found as a growing factor in adoption of ferric phosphate. Apart from the benefits, some factors like withdrawal of ferric phosphate from the list of the food additives in European Union (EU) may dent its growth in the region. Moreover, raw ferric phosphate compound can cause severe health problems if not handled properly.

Ferric Phosphate Market: Segmentation

Ferric Phosphate Market: Region-wise Outlook

The global ferric phosphate market is segmented into the seven key regions: North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific Excluding Japan (APEJ), Japan and Middle East and Africa (MEA). As of 2016, the growth in developed countries, such as Western Europe, Japan and North America will be driven by the expansion of industries like automotive, agriculture and paint & coatings. The APEJ and Latin America region will also register rapid growth due to increasing demand for powder coatings and agrochemicals. These regions are also witnessing the increase in manufacturing units mainly in the emerging economies, such as China, South Korea and India. MEA is also projected to expand with a significant CAGR over the forecast period.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, and applications.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Future Market Insights.

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On the basis of application, the ferric phosphate Market can be segmented as:

  • Pesticides
  • Steel and Metal Manufacturing
  • Coatings
  • Lithium-Ion Batteries

Examples of some of the market participants in the global ferric phosphate market identified across the value chain include:

  • W. Neudorff GmbH KG
  • Certis

Bayer CropScience Limited

  • The Scotts Company (UK) Ltd
  • Doff Portland
  • Quality Powder Coatings
  • Pioneer Herbal
  • Lakum Group

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends and Issues and Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Rest Of Latin America)
  • Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, Russia, Rest Of Eastern Europe)
  • Asia Pacific Excluding Japan (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC countries, S. Africa, N. Africa, Rest of MEA)

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint.
Frequently Asked Questions

What research methodology is used to develop the Ferric Phosphate Market report?
  • FMI utilizes three branched methods to derive market measurements used to compile any report study (data derivation, triangulation and validation).
  • These approaches include accumulating data from both primary and secondary sources
  • Primary research involves interviews with industry operators and FMI's network of contacts spanning the world's value chain of the Ferric Phosphate Market. This is supported by a comprehensive literature analysis of information gathered through secondary sources
  • Analysis of several middle market stakeholders for country-wise data

In addition to up-to-date market figures and customized of the Ferric Phosphate Market, FMI offer consulting services to help businesses within industry navigate challenges and take well-informed decisions amidst the breakneck competition.

  • Most of the competitors are segregated according to their market share in 'Tier' wise statures.
  • Global market participants are scrutinized and global competition metrics are included with numerous competitor profiles referring to their business background and go-to market strategies.
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Harish Tiwari

Harish Tiwari

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Pranay Mhaisekar

Business Development

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