Global phosphorus pentasulfide demand is anticipated to be valued at USD 442 Million in 2022, forecast to grow at a CAGR of 4% to be valued at USD 654.25 Million from 2022 to 2032. From 2021 to 2022, a Y-o-Y expansion rate worth 4.7% is anticipated for the market for phosphorus pentasulfide, rising from USD 422 Million.
Growth is attributed to increased applications in manufacturing sulfur and phosphorus containing compounds, though a key application is in the manufacture of additive zinc-dithiophosphate (ZDDP).
| Report Attribute | Details |
|---|---|
| Estimated Base Year Value (2021) | USD 422 Million |
| Expected Market Value (2022) | USD 442 Million |
| Anticipated Forecast Value (2032) | USD 654.25 Million |
| Projected Growth Rate (2022 to 2032) | 4% CAGR |
Phosphorus pentasulfide is an inorganic compound with the chemical formula P2S5 or dimer P4S10. This yellow solid is the one of two phosphorus sulfides of commercial value. Samples have a greenish-grey tinge to it due to impurities. It dissolves in carbon disulphide but has adverse reactions with many other solvents such as alcohols, DMSO, and DMF.
Phosphorus pentasulfide is an inorganic compound that reacts with moisture or water to form the obnoxious hydrogen sulphide element. Hydrogen sulphide is a very inflammable and toxic gas.
Inherently, phosphorus pentasulfide reacts with water to produce phosphorus pentoxide which emits toxic fumes and on exposure to air, can be very lethal. Phosphorus pentasulfide easily ignites on friction with any matter or contact with sparks.
The compound also affects the nose and throat and extreme inhalation can also lead to anosmia or loss of smell. The hazardous effects also include nausea, dizziness, sweating and weakness. Phosphorus sulphide has also upon research led to believe its carcinogenic properties for humans. The fatal attributes and utterly inflammable properties of hydrogen sulphide have led the compound to be highly regulated by government bodies across the globe.
Prompted by USA occupational safety and health standards (OSHA), the compound is placed in the ‘hazardous substance list” which mandates compliance with safety features while transporting or using the compound.
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Phosphorus pentasulfide is used in the manufacture of sulfur and phosphorus containing compounds. One of the primary applications of Phosphorus Pentasulfide is in the production of phosphorus based additives, particularly zinc-dithio-phosphates (ZDDP).
Phosphorus Pentasulfide is used as a primary ingredient for producing ZDPP, which is a phosphorus based lubricant additive. ZDPP is used extensively as an ingredient in motor oils, where it works as an anti-corrosive and anti-wear agent.
The phosphorus containing a coat of ZDDP is fundamentally used to prevent contact between moving metallic parts in an automotive. Yet another key use of phosphorus pentasulfide is in fusion of pesticides. Key examples of pest control products include Malathion and Parathion accrued from phosphorus pentasulfide. One of the compounds use extends to mining plants as a floatation agents for recovering minerals from the rock bed. It is also made use of in match sticks considering its flammable property owing to friction.
Being highly toxic and flammable, the compound presents many refutable properties that prompt its safety during transit. It is a very obnoxious element and can be found as very lethal to the throats and nose and in severe cases can lead to anosmia. Its derivatives that include Parathion is intensely toxic which is hence limited to some applications only.
Demand for phosphorus pentasulfide is exhibiting a modest consumption-rate in the forecast period. Asia pacific is a growing agrarian market and hence growth for agricultural pesticides is poised for concrete growth. With Asia pacific being home to a prolific automotive industry in the region, the lubricating additives, an offshoot of phosphorus pentasulfide is displaying massive growth during the forecast period.
Europe is a growing hub for phosphorus pentasulfide and is a largely prevalent market, though underscored by finite regulations responsible for toxicity, paramount industry healthcare and safety and environment impact. The European markets are a pervasive market for phosphorus pentasulfide.
Some of the key participants present in the global phosphorus pentasulfide market include Sigma-Aldrich Corporation, Hangzhou Yuhao Chemical Technology Co., Ltd, American Elements, Thermo Fisher Scientific, Italmatch Chemicals S.p.A., Liaoning Ruixing Chemical Group Co., Ltd. Fosfoquim SA. With presence of prominent players in the market, the market is highly competitive. Several key players are operating based out of Asia Pacific.
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 4% from 2022 to 2032 |
| Market Value in 2022 | USD 442 Million |
| Market Value in 2032 | USD 654.25 Million |
| Base Year for Estimation | 2021 |
| Historical Data | 2017 to 2021 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in USD Million, Volume in Kilotons and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered | Form, Application, End Use Industry, Region |
| Regions Covered | North America; Latin America; Europe; Asia Pacific; Middle East and Africa |
| Key Countries Profiled | USA, Canada, Brazil, Mexico, Germany, UK, France, Spain, Italy, Russia, BENELUX, China, Japan, South Korea, GCC, South Africa, Turkey |
| Key Companies Profiled | Sigma-Aldrich Corporation; Hangzhou Yuhao Chemical Technology Co., Ltd; American Elements; Thermo Fisher Scientific; Italmatch Chemicals S.p.A.; Liaoning Ruixing Chemical Group Co., Ltd.; Fosfoquim SA; Santai Aostar Phosphate Chemical Industry Co., Ltd.; Premier Solutions (Israel Chemicals Ltd.); Hubei Xingfa Chemicals Group Co. Ltd. |
| Customization | Available Upon Request |
FMI projects the global phosphorus pentasulfide market to expand at a 4% value CAGR by 2032
Asia Pacific is expected to be the most opportunistic phosphorus pentasulfide market
Sigma-Aldrich Corporation, Hangzhou Yuhao Chemical Technology Co., Ltd, American Elements are some prominent phosphorus pentasulfide manufacturers
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