Acetone and Phosphorus Derivatives Market Size, Trends and Insights By Types (Industrial phosphates, Phosphorus chloride, Ammonium phosphate, Phosphorus pentoxide, Others), By Application (Fertilizers, Detergents, Food Industry, Others), By End User (Automobile, Agriculture, Building and Construction, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Report Snapshot
| Study Period: | 2024-2033 |
| Fastest Growing Market: | Asia-Pacific |
| Largest Market: | Europe |
Major Players
- BASF SE
- Dow Chemical Company
- Sasol Solvents
- Eastman Chemical Company
- Others
Reports Description
According to Custom Market Insights (CMI), The Global acetone and phosphorus derivatives market is expected to grow at a compound annual growth rate of 3.9% during the forecast. The market was valued at USD 65 billion in the year 2021 and is expected to reach U.S. dollars 85 billion by the year 2030.
The demand for various products that are derived from acetone and phosphorus has returned to the pre-pandemic levels due to which the market will show significant growth in the coming years. When it comes to the growth of plants as well as animals’ phosphorus plays an extremely important role. It is extremely beneficial in having better efficiency in the production of livestock and the overall production of crops. Plant maturation is the function of phosphorus which is extremely important for the plant growth period it helps in the development of the seeds and the development of the route.
The phosphorus derivatives are the important nutrients that help provide strengthening qualities in the form of fertilizers detergents and foods. Phosphorus and its derivatives are used on a large scale in agricultural activities as it is seen as a fertilizer which helps in enhancing the growth of the crops. derivatives of phosphorus are also used on a large scale as cleaning agents and in the form of edible products.
Manufacturing of detergents is also done with the help of phosphate derivatives. Acetone derivatives are used on a large scale as chemical intermediates and they are also used as solvents. Maximum usage of the acetone derivatives is in the industry of coatings. Acetone derivatives are used on a large scale in the production of films, fibres, plastic and pharmaceuticals. There are many properties associated with the derivatives of acetone like less surface tension, higher boiling point, low density and slow evaporation which makes it an extremely important industrial solvent. It has wide applications in the coatings industry and the paints industry.
The derivatives of acetone are also used in the plastics and fibre industry. Metal extraction and mining or other applications of acetone derivatives.
Growth Factors
The derivatives of acetone are used on a large scale in the coatings and paints industry. It is also used in the construction industry as a solvent for contact cement. There are other factors that will lead to the growth of the acetone derivatives market in the coming years and these are rapid urbanization and the rate at which the population is increasing across the world.
The need for construction has also increased globally and this will provide good opportunities for the growth of the market during the forecast period. Technological advancements are also expected to play a significant role in the market’s growth as they will help provide engines with high performance and the use of lubricants for these engines that are high performing will also increase in the coming years. In order to have an efficient working of these engines’ fuels play an important role. And the increased demand for fuels will need more derivatives of acetone.
The aerospace industry and the automotive industries are also expanding at a rapid pace as production activities have increased the need for protective coatings for automobiles and aeroplanes. Key market players are constantly engaged in making strategic acquisitions in the acetone derivatives industry which shall prove to be a driving force for market growth. Phosphorus derivatives are used on a large scale in agricultural activities. Phosphorus also plays an extremely important role in the body’s functioning. As the arable land has decreased as compared to the growing population the need for phosphorus and its derivatives will increase in the coming years.
The growing need for biofuels and increasing need for water treatment will also create more demand for phosphorus and its derivatives. Derivatives of phosphorus are also used in the food industry and metal finishing. The demand for phosphorus in the form of fertilizers will increase in the coming years as the population across the world has grown to a great extent and the preference of the consumers for diets that include meat and the growing need for bioenergy crops is also expected to drive the market growth in the coming years.
Segmental Insights
On the basis of the Type
On the basis of the type the ammonium phosphate market is expected to have the largest market share in the coming years period the segment has dominated the market in the past with a maximum share in terms of revenue and it will continue to grow well. as the investments in the agricultural sector have increased and the need for the fertilizers has also increased the market will continue to grow in the coming years period increasing population has created more demand for the food products and this will help in increasing the outcome of the agricultural industry. Phosphorus plays an extremely important role in having better yields. ammonium phosphate is used on a large scale as animal feed.
The use of phosphoric acid for the manufacturing of fertilizers which are of different types will lead to the growth of the market during the forecast period. One of the inorganic acids which are phosphoric acid is consumed on a large scale by consumers as it is found commonly in cold drinks. The properties of phosphoric acid are that it provides any flavour and it also restrains the growth of bacteria due to which the consumption of its derivatives and phosphate will continue to grow in the coming years.
On the basis of the Application
Depending upon the end user of phosphorus and its derivatives the fertilizer segment is expected to have the largest market share in the coming years period this segment has dominated the market in the past with a maximum share in terms of revenue. The need for fertilizers which are phosphorus based has increased significantly in recent years and the largest used fertilizers are MAP, DAP, NKP etc. the use of mineral fertilizers which play a significant role in providing nutrients to the plants will also help in the growth of the market. DAP Is a phosphorus fertilizer which is used on a large scale as it has the best amount of nutrient contents. It plays a significant role in providing better nutrition to plants. They are used in farming procedures for wheat, barley, vegetables as well as fruits.
The inorganic compounds which are flame retardants are used in the textiles industry, wood industry, paper industry and plastics industry. They are used on a large scale as they help in ensuring better safety of the materials that are flammable. Phosphorus is extremely important for energy storage in plants, respiration in plants and also the transportation of vital nutrients. Fertilizers are used in the form of liquids as well as granular forms in the agricultural industry. The deficiency of phosphorus will limit the growth of the plants. Blooms and roots also grow well due to the use of phosphorus and it also helps plants in maintaining their strength during the hard winters and even at times of environmental stress. Increased use of phosphorus is also associated with providing better resistance against various diseases and it encourages the growth of the roots which makes the plants extremely strong.
On the basis of the End-User
On the basis of the end user, the agricultural segment will dominate the market. It is expected to have the highest compound annual growth rate during the forecast period which is expected to be about 4.3%. Phosphoric acid in the purified form plays an extremely important role in the production of food and it shall also lead to the growth of the market in the coming years. When it comes to significant growth in animals and plants phosphorus plays an extremely important role. It proves to be extremely profitable for livestock and agricultural production.
Crop yield will be reduced in case the use of phosphorus is less. The use of phosphorus and its derivatives in the agricultural sector is expected to grow in the coming years as having a good yield from the crops depends to a great extent on the use of phosphorus.
Report Scope
| Feature of the Report | Details |
| Market Size in 2021 | USD 65 billion |
| Projected Market Size in 2030 | USD 85 billion |
| CAGR Growth Rate | 3.9% CAGR (2022-2030) |
| Base Year | 2023 |
| Forecast Period | 2024-2033 |
| Prominent Players | BASF SE, Dow Chemical Company, Sasol Solvents, Eastman Chemical Company, Celanese Corporation, Jiangsu Tianyuan Chemical Co.Ltd. (China), Jiangsu Yoke Technology Co.Ltd. (China), Shandong Yangmei Hengtong Chemical Co.Ltd. (China), UPL Limited (India), Xuzhou Jianping Chemical Co.Ltd. (China), Shell Chemicals, Xuzhou Jianping Chemical Co.Ltd (China), Anhui Guangxin Agrochemical Co.Ltd. (China), Excel Industries Ltd (India), Shandong Futong Chemical Co.Ltd. (China), Henan Qingshuiyuan Technology Co.Ltd. (China), Zhejiang Xinan Chemical Industrial Group Co.Ltd, (China), and Others |
| Key Segment | By Types, Application, End User, and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Regional Insights
The Asia Pacific region will dominate the market during the forecast period. As the consumption of phosphorus and acetone derivatives is expected to increase in the Asia Pacific region the market will grow well. increased use of the acetone derivatives in the coatings and the paints industry will help in generating maximum revenue. Acetone and its derivatives are used in the chemical industry which provides another opportunity for the growth of the market.
The rapid rate of urbanization in the Asia Pacific region will also provide a good boost to the growth of the market due to the increased use of these derivatives in the construction industry. The growing need for housing will create more demand for these products in the coming years.
Protective coatings are an integral part of various devices and equipment. Parents are used for interior exterior applications in the construction industry due to which the demand for these derivatives will continue to grow well in the coming years. But the consumption of packaged food has also increased in recent years especially in the North American and European regions the demand for acetone derivatives is expected to grow due to the need for the BPA derivative of acetone. These derivatives are also used on a large scale in the manufacturing of various cosmetics in great demand in the working class of women. All of these factors will lead to the growth of the market during the forecast.
The increasing population has created more demand for crops, fruits and vegetables. Agricultural activities are engaged in making maximum production out of the limited available land. Phosphorus and its derivatives play a significant role in yielding better-quality crops.
Key Players
- BASF SE
- Dow Chemical Company
- Sasol Solvents
- Eastman Chemical Company
- Celanese Corporation
- Jiangsu Tianyuan Chemical Co., Ltd. (China)
- Jiangsu Yoke Technology Co., Ltd. (China)
- Shandong Yangmei Hengtong Chemical Co., Ltd. (China)
- UPL Limited (India)
- Xuzhou Jianping Chemical Co., Ltd. (China)
- Shell Chemicals
- Xuzhou Jianping Chemical Co., Ltd (China)
- Anhui Guangxin Agrochemical Co., Ltd. (China)
- Excel Industries Ltd (India)
- Shandong Futong Chemical Co., Ltd. (China)
- Henan Qingshuiyuan Technology Co., Ltd. (China)
- Zhejiang Xinan Chemical Industrial Group Co., Ltd, (China)
Recent Developments
- In the year 2020, the property of Greenfield was acquired by Mitsubishi for the construction of a plant of 350KT MMA. The construction of this plant will be based on the proven technology of a company named alpha technology.
Segments covered in the report
By Types
- Industrial phosphates
- Phosphorus chloride
- Ammonium phosphate
- Phosphorus pentoxide
- Others
By Application
- Fertilizers
- Detergents
- Food industry
- Others
By End User
- Automobile
- Agriculture
- Building and Construction
- Others
On the basis of Geography
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market research methodology
- Chapter 2. Executive Summary
- 2.1 Global Acetone and Phosphorus Derivatives Market, (2022 – 2030) (USD Billion)
- 2.2 Global Acetone and Phosphorus Derivatives Market: snapshot
- Chapter 3. Global Acetone and Phosphorus Derivatives Market – Industry Analysis
- 3.1 Acetone and Phosphorus Derivatives Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 population is increasing across the world
- 3.2.2 construction has also increased globally
- 3.2.3 demand for fuels
- 3.2.4 Population Is Increasing Across The World
- 3.2.5 Construction Has Also Increased Globally
- 3.2.6 Demand For Fuels
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market attractiveness analysis By Types
- 3.7.2 Market attractiveness analysis By Application
- 3.7.3 Market attractiveness analysis By End User
- Chapter 4. Global Acetone and Phosphorus Derivatives Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Acetone and Phosphorus Derivatives Market: company market share, 2021
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, collaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Acetone and Phosphorus Derivatives Market – Types Analysis
- 5.1 Global Acetone and Phosphorus Derivatives Market overview: By Types
- 5.1.1 Global Acetone and Phosphorus Derivatives Market share, By Types, 2021 and 2030
- 5.2 Industrial Phosphates
- 5.2.1 Global Acetone and Phosphorus Derivatives Market by Industrial Phosphates, 2022 – 2030 (USD Billion)
- 5.3 Phosphorus Chloride
- 5.3.1 Global Acetone and Phosphorus Derivatives Market by Phosphorus Chloride, 2022 – 2030 (USD Billion)
- 5.4 Ammonium Phosphat
- 5.4.1 Global Acetone and Phosphorus Derivatives Market by Ammonium Phosphat, 2022 – 2030 (USD Billion)
- 5.5 Phosphorus Pentoxide
- 5.5.1 Global Acetone and Phosphorus Derivatives Market by Phosphorus Pentoxide, 2022 – 2030 (USD Billion)
- 5.6 Others
- 5.6.1 Global Acetone and Phosphorus Derivatives Market by Others, 2022 – 2030 (USD Billion)
- 5.1 Global Acetone and Phosphorus Derivatives Market overview: By Types
- Chapter 6. Global Acetone and Phosphorus Derivatives Market – Application Analysis
- 6.1 Global Acetone and Phosphorus Derivatives Market overview: By Application
- 6.1.1 Global Acetone and Phosphorus Derivatives Market share, By Application, 2021 and 2030
- 6.2 Fertilizers
- 6.2.1 Global Acetone and Phosphorus Derivatives Market by Fertilizers, 2022 – 2030 (USD Billion)
- 6.3 Detergents
- 6.3.1 Global Acetone and Phosphorus Derivatives Market by Detergents, 2022 – 2030 (USD Billion)
- 6.4 Food Industry
- 6.4.1 Global Acetone and Phosphorus Derivatives Market by Food Industry, 2022 – 2030 (USD Billion)
- 6.1 Global Acetone and Phosphorus Derivatives Market overview: By Application
- Chapter 7. Global Acetone and Phosphorus Derivatives Market – End User Analysis
- 7.1 Global Acetone and Phosphorus Derivatives Market overview: By End User
- 7.1.1 Global Acetone and Phosphorus Derivatives Market share, By End User, 2021 and 2030
- 7.2 Automobile
- 7.2.1 Global Acetone and Phosphorus Derivatives Market by Automobile, 2022 – 2030 (USD Billion)
- 7.3 Agriculture
- 7.3.1 Global Acetone and Phosphorus Derivatives Market by Agriculture, 2022 – 2030 (USD Billion)
- 7.4 Building and Construction
- 7.4.1 Global Acetone and Phosphorus Derivatives Market by Building and Construction, 2022 – 2030 (USD Billion)
- 7.5 Others
- 7.5.1 Global Acetone and Phosphorus Derivatives Market by Others, 2022 – 2030 (USD Billion)
- 7.1 Global Acetone and Phosphorus Derivatives Market overview: By End User
- Chapter 8. Acetone and Phosphorus Derivatives Market – Regional Analysis
- 8.1 Global Acetone and Phosphorus Derivatives Market Regional Overview
- 8.2 Global Acetone and Phosphorus Derivatives Market Share, by Region, 2021 & 2030 (USD Billion)
- 8.3. North America
- 8.3.1 North America Acetone and Phosphorus Derivatives Market, 2022 – 2030 (USD Billion)
- 8.3.1.1 North America Acetone and Phosphorus Derivatives Market, by Country, 2022 – 2030 (USD Billion)
- 8.3.1 North America Acetone and Phosphorus Derivatives Market, 2022 – 2030 (USD Billion)
- 8.4 North America Acetone and Phosphorus Derivatives Market, by Types, 2022 – 2030
- 8.4.1 North America Acetone and Phosphorus Derivatives Market, by Types, 2022 – 2030 (USD Billion)
- 8.5 North America Acetone and Phosphorus Derivatives Market, by Application, 2022 – 2030
- 8.5.1 North America Acetone and Phosphorus Derivatives Market, by Application, 2022 – 2030 (USD Billion)
- 8.6 North America Acetone and Phosphorus Derivatives Market, by End User, 2022 – 2030
- 8.6.1 North America Acetone and Phosphorus Derivatives Market, by End User, 2022 – 2030 (USD Billion)
- 8.7. Europe
- 8.7.1 Europe Acetone and Phosphorus Derivatives Market, 2022 – 2030 (USD Billion)
- 8.7.1.1 Europe Acetone and Phosphorus Derivatives Market, by Country, 2022 – 2030 (USD Billion)
- 8.7.1 Europe Acetone and Phosphorus Derivatives Market, 2022 – 2030 (USD Billion)
- 8.8 Europe Acetone and Phosphorus Derivatives Market, by Types, 2022 – 2030
- 8.8.1 Europe Acetone and Phosphorus Derivatives Market, by Types, 2022 – 2030 (USD Billion)
- 8.9 Europe Acetone and Phosphorus Derivatives Market, by Application, 2022 – 2030
- 8.9.1 Europe Acetone and Phosphorus Derivatives Market, by Application, 2022 – 2030 (USD Billion)
- 8.10 Europe Acetone and Phosphorus Derivatives Market, by End User, 2022 – 2030
- 8.10.1 Europe Acetone and Phosphorus Derivatives Market, by End User, 2022 – 2030 (USD Billion)
- 8.11. Asia Pacific
- 8.11.1 Asia Pacific Acetone and Phosphorus Derivatives Market, 2022 – 2030 (USD Billion)
- 8.11.1.1 Asia Pacific Acetone and Phosphorus Derivatives Market, by Country, 2022 – 2030 (USD Billion)
- 8.11.1 Asia Pacific Acetone and Phosphorus Derivatives Market, 2022 – 2030 (USD Billion)
- 8.12 Asia Pacific Acetone and Phosphorus Derivatives Market, by Types, 2022 – 2030
- 8.12.1 Asia Pacific Acetone and Phosphorus Derivatives Market, by Types, 2022 – 2030 (USD Billion)
- 8.13 Asia Pacific Acetone and Phosphorus Derivatives Market, by Application, 2022 – 2030
- 8.13.1 Asia Pacific Acetone and Phosphorus Derivatives Market, by Application, 2022 – 2030 (USD Billion)
- 8.14 Asia Pacific Acetone and Phosphorus Derivatives Market, by End User, 2022 – 2030
- 8.14.1 Asia Pacific Acetone and Phosphorus Derivatives Market, by End User, 2022 – 2030 (USD Billion)
- 8.15. Latin America
- 8.15.1 Latin America Acetone and Phosphorus Derivatives Market, 2022 – 2030 (USD Billion)
- 8.15.1.1 Latin America Acetone and Phosphorus Derivatives Market, by Country, 2022 – 2030 (USD Billion)
- 8.15.1 Latin America Acetone and Phosphorus Derivatives Market, 2022 – 2030 (USD Billion)
- 8.16 Latin America Acetone and Phosphorus Derivatives Market, by Types, 2022 – 2030
- 8.16.1 Latin America Acetone and Phosphorus Derivatives Market, by Types, 2022 – 2030 (USD Billion)
- 8.17 Latin America Acetone and Phosphorus Derivatives Market, by Application, 2022 – 2030
- 8.17.1 Latin America Acetone and Phosphorus Derivatives Market, by Application, 2022 – 2030 (USD Billion)
- 8.18 Latin America Acetone and Phosphorus Derivatives Market, by End User, 2022 – 2030
- 8.18.1 Latin America Acetone and Phosphorus Derivatives Market, by End User, 2022 – 2030 (USD Billion)
- 8.19. The Middle-East and Africa
- 8.19.1 The Middle-East and Africa Acetone and Phosphorus Derivatives Market, 2022 – 2030 (USD Billion)
- 8.19.1.1 The Middle-East and Africa Acetone and Phosphorus Derivatives Market, by Country, 2022 – 2030 (USD Billion)
- 8.19.1 The Middle-East and Africa Acetone and Phosphorus Derivatives Market, 2022 – 2030 (USD Billion)
- 8.20 The Middle-East and Africa Acetone and Phosphorus Derivatives Market, by Types, 2022 – 2030
- 8.20.1 The Middle-East and Africa Acetone and Phosphorus Derivatives Market, by Types, 2022 – 2030 (USD Billion)
- 8.21 The Middle-East and Africa Acetone and Phosphorus Derivatives Market, by Application, 2022 – 2030
- 8.21.1 The Middle-East and Africa Acetone and Phosphorus Derivatives Market, by Application, 2022 – 2030 (USD Billion)
- 8.22 The Middle-East and Africa Acetone and Phosphorus Derivatives Market, by End User, 2022 – 2030
- 8.22.1 The Middle-East and Africa Acetone and Phosphorus Derivatives Market, by End User, 2022 – 2030 (USD Billion)
- Chapter 9. Company Profiles
- 9.1 BASF SE
- 9.1.1 Overview
- 9.1.2 Financials
- 9.1.3 Product Portfolio
- 9.1.4 Business Strategy
- 9.1.5 Recent Developments
- 9.2 Dow Chemical Company
- 9.2.1 Overview
- 9.2.2 Financials
- 9.2.3 Product Portfolio
- 9.2.4 Business Strategy
- 9.2.5 Recent Developments
- 9.3 Sasol Solvents
- 9.3.1 Overview
- 9.3.2 Financials
- 9.3.3 Product Portfolio
- 9.3.4 Business Strategy
- 9.3.5 Recent Developments
- 9.4 Eastman Chemical Company
- 9.4.1 Overview
- 9.4.2 Financials
- 9.4.3 Product Portfolio
- 9.4.4 Business Strategy
- 9.4.5 Recent Developments
- 9.5 Celanese Corporation
- 9.5.1 Overview
- 9.5.2 Financials
- 9.5.3 Product Portfolio
- 9.5.4 Business Strategy
- 9.5.5 Recent Developments
- 9.6 Jiangsu Tianyuan Chemical Co.Ltd. (China)
- 9.6.1 Overview
- 9.6.2 Financials
- 9.6.3 Product Portfolio
- 9.6.4 Business Strategy
- 9.6.5 Recent Developments
- 9.7 Jiangsu Yoke Technology Co.Ltd. (China)
- 9.7.1 Overview
- 9.7.2 Financials
- 9.7.3 Product Portfolio
- 9.7.4 Business Strategy
- 9.7.5 Recent Developments
- 9.8 Shandong Yangmei Hengtong Chemical Co.Ltd. (China)
- 9.8.1 Overview
- 9.8.2 Financials
- 9.8.3 Product Portfolio
- 9.8.4 Business Strategy
- 9.8.5 Recent Developments
- 9.9 UPL Limited (India)
- 9.9.1 Overview
- 9.9.2 Financials
- 9.9.3 Product Portfolio
- 9.9.4 Business Strategy
- 9.9.5 Recent Developments
- 9.10 Xuzhou Jianping Chemical Co.Ltd. (China)
- 9.10.1 Overview
- 9.10.2 Financials
- 9.10.3 Product Portfolio
- 9.10.4 Business Strategy
- 9.10.5 Recent Developments
- 9.11 Shell Chemicals
- 9.11.1 Overview
- 9.11.2 Financials
- 9.11.3 Product Portfolio
- 9.11.4 Business Strategy
- 9.11.5 Recent Developments
- 9.12 Xuzhou Jianping Chemical Co.Ltd (China)
- 9.12.1 Overview
- 9.12.2 Financials
- 9.12.3 Product Portfolio
- 9.12.4 Business Strategy
- 9.12.5 Recent Developments
- 9.13 Anhui Guangxin Agrochemical Co.Ltd. (China)
- 9.13.1 Overview
- 9.13.2 Financials
- 9.13.3 Product Portfolio
- 9.13.4 Business Strategy
- 9.13.5 Recent Developments
- 9.14 Excel Industries Ltd (India)
- 9.14.1 Overview
- 9.14.2 Financials
- 9.14.3 Product Portfolio
- 9.14.4 Business Strategy
- 9.14.5 Recent Developments
- 9.15 Shandong Futong Chemical Co.Ltd. (China)
- 9.15.1 Overview
- 9.15.2 Financials
- 9.15.3 Product Portfolio
- 9.15.4 Business Strategy
- 9.15.5 Recent Developments
- 9.16 Henan Qingshuiyuan Technology Co.Ltd. (China)
- 9.16.1 Overview
- 9.16.2 Financials
- 9.16.3 Product Portfolio
- 9.16.4 Business Strategy
- 9.16.5 Recent Developments
- 9.17 Xuzhou Yongli Fine Chemical Co.Ltd. (China)
- 9.17.1 Overview
- 9.17.2 Financials
- 9.17.3 Product Portfolio
- 9.17.4 Business Strategy
- 9.17.5 Recent Developments
- 9.18 Zhejiang Xinan Chemical Industrial Group Co.Ltd
- 9.18.1 Overview
- 9.18.2 Financials
- 9.18.3 Product Portfolio
- 9.18.4 Business Strategy
- 9.18.5 Recent Developments
- 9.19 (China)
- 9.19.1 Overview
- 9.19.2 Financials
- 9.19.3 Product Portfolio
- 9.19.4 Business Strategy
- 9.19.5 Recent Developments
- 9.1 BASF SE
List Of Figures
Figures No 1 to 28
List Of Tables
Tables No 1 to 77
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2030
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
| Perspective | Primary research | Secondary research |
| Supply-side |
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| Demand-side |
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Market Analysis Matrix
| Qualitative analysis | Quantitative analysis |
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Key Players
- BASF SE
- Dow Chemical Company
- Sasol Solvents
- Eastman Chemical Company
- Celanese Corporation
- Jiangsu Tianyuan Chemical Co., Ltd. (China)
- Jiangsu Yoke Technology Co., Ltd. (China)
- Shandong Yangmei Hengtong Chemical Co., Ltd. (China)
- UPL Limited (India)
- Xuzhou Jianping Chemical Co., Ltd. (China)
- Shell Chemicals
- Xuzhou Jianping Chemical Co., Ltd (China)
- Anhui Guangxin Agrochemical Co., Ltd. (China)
- Excel Industries Ltd (India)
- Shandong Futong Chemical Co., Ltd. (China)
- Henan Qingshuiyuan Technology Co., Ltd. (China)
- Zhejiang Xinan Chemical Industrial Group Co., Ltd, (China)
- Others
FAQs
The “Asia Pacific” region will lead the global Acetone and Phosphorus Derivatives market during the forecast period 2022 to 2030.
The key factor driving the market is population is increasing across the world.
The key players operating in the Acetone and Phosphorus Derivatives market are BASF SE, Dow Chemical Company, Sasol Solvents, Eastman Chemical Company, Celanese Corporation, Jiangsu Tianyuan Chemical Co.Ltd. (China), Jiangsu Yoke Technology Co.Ltd. (China), Shandong Yangmei Hengtong Chemical Co.Ltd. (China), UPL Limited (India), Xuzhou Jianping Chemical Co.Ltd. (China), Shell Chemicals, Xuzhou Jianping Chemical Co.Ltd (China), Anhui Guangxin Agrochemical Co.Ltd. (China), Excel Industries Ltd (India), Shandong Futong Chemical Co.Ltd. (China), Henan Qingshuiyuan Technology Co.Ltd. (China), Xuzhou Yongli Fine Chemical Co.Ltd. (China), Zhejiang Xinan Chemical Industrial Group Co.Ltd, (China).
The global Acetone and Phosphorus Derivatives market is expanding growth with a CAGR of approximately 3.9% during the forecast period (2022 to 2030).
The global Acetone and Phosphorus Derivatives market size was valued at USD 65 billion in 2021 and it is projected to reach around USD 85 billion by 2030.