Europe Phosphonate Market: Industry Analysis and Forecast (2024-2030) Trends, Statistics, Dynamics, Segmentation

Europe Phosphonate Market Definition

Phosphonates are a category of chelating chemicals and scale forbidders that share the phosphonic acid group in their structure. Phosphonates are phosphonic acid organometallic compounds with CPO(OH) or CPO(OR) groups, where R is an alkyl or aryl group. Phosphonates, glyphosate, and ethephon, which is widely used as a plant growth regulator, are all commercially important chemicals generated from phosphonic acids. In a variety of applications, they are utilised in household and industrial cleaning solutions, personal care products, and water treatment additives. Bisphosphonates and other phosphonate derivatives are commonly used to treat osteoporosis. Phosphonate is a stable bioisotere for phosphate in medicinal chemistry, and tenofovir, an antiviral nucleotide analogue, is one of the pillars of anti-HIV therapy.

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Europe Phosphonate Market Dynamics

Market Drivers

• Growing use of phosphonates in textile and medical industries - The rise of various industries, such as textiles, water purification, pulp production, and pharmaceuticals, is directly tied to phosphorus consumption. The pharmaceutical industry is predicted to increase at a steady pace over the forecast period. Antibiotics are in higher demand due to the increase in diseases and population. Phosphates are found in the majority of antibiotics used to treat urinary tract infections. Furthermore, because these phosphonates are used as bleach stabilisers in the textile industry, changing lifestyles and fashion trends, as well as people's desire to be fashionable, are predicted to increase the phosphonate market over the forecast period.
• Europe detergent regulations for phosphonates – Phosphonates are not to be confused with phosphates, which were once a frequent component of detergents and are now governed under the EU Detergent Regulation (259/2012). The Detergent Regulation limits the amount of phosphorus in consumer laundry detergents to 0.5 grammes every wash, and dishwasher detergents to 0.3 grammes per wash. These restrictions were put in place to prevent the sale of old-fashioned detergents with excessive phosphate content (which can contain up to 30 percent phosphate). These high phosphate levels were thought to be a major contributor to eutrophication issues in places lacking adequate sewage treatment systems. Rather than prohibiting phosphorus in detergents, the legislation sets low phosphorus concentration limitations. Phosphate builders are practically prohibited by these restrictions. To ensure washing performance and hygiene, phosphate-free detergent formulas must include a variety of other modern detergent components. Phosphonates are an important part of this approach, and the EU detergents directive's phosphorus restrictions are high enough for phosphonates to be particularly effective.

Market Restraints

• COVID-19 Impact on certain industries in Europe affecting Phosphonate Market – The advent of COVID-19 has had both a beneficial and bad impact on every industry. Firms suffer output losses as a result of the close proximity of several manufacturing units over long periods of time, especially in Europe. For example, the closure of several building sites during Covid-19 has harmed the phosphonate market by delaying demand for construction supplies such as paints and chemicals. The pulp and paper, textile, and other manufacturing industries have all been harmed by the covid-19 outbreak. Cleaning and detergents, pharmaceuticals, and food and beverage are just a few of the industries that have benefited from the Covid-19, thanks to the government's decision to allow crucial commodities to be released during the global lockdown.

Europe Phosphonate Market Segment Analysis

By Type, the Phosphonate Market is segmented ATMP, HEDP, DTPMP. HEDP dominates the Phosphonate Market with the market share of 54% in 2023 because of its vast range of uses, it has the highest market demand. Hydroxy ethylidene Di phosphonic acid (HEDP) is a phosphonate used as a chelating agent, scale inhibitor, and corrosion inhibitor in water treatment and cleaning applications. HEDP is used in a variety of sectors, including boiler, cooling, and reverse osmosis water treatment, metalworking, textile processing, and oilfield applications. It's also found in cleaning products for both industrial and home use. ATMP has the market share of 31% in 2023. Amino triphosphate is an acronym for Amino triphosphate, which was established in the year 2023. (Methylene phosphonic acid). It's a phosphonate with a nitrogen atom in its structure. ATMPs are well-known for their capacity to trap metal ions, making them ideal for water treatment and cleaning applications. ATMPs are used in a variety of industries, including oil and gas, mining, and power generation. DTPMP has the market share of 15% in 2023. DTPMP is a phosphonate salt that is an organic compound. It's used as a chelating agent, scale inhibitor, and corrosion inhibitor in water treatment. On the market, DTPMP is available as a white powder or granules. It has a strong flavour and is insoluble in water. In water, DTPMP degrades to orthophosphate. DTPMP is used in boiler water, cooling water, and wastewater treatment. It's also used as a scale inhibitor in reverse osmosis systems. DTPMP is used in the paper and textile industries for the treatment of process water and Europe mostly imports paper so this phosphonate is not majorly used in this region.

By Application, the Phosphonate Market is segmented as Water Treatment, I&I Cleaner. I&I cleaner dominates the Phosphonate Market with the market share of 58% in 2023 because of high imports of oil and gas and hence large amount of refineries in the region and because in terms of cleaning results, it outperforms other basic cleaning agents Phosphate-based I&I cleansers are effective at removing a variety of soils, including oils, greases, and particulates. In addition, I&I cleaners based on phosphonates are effective at removing bacteria and other disease-causing germs. In addition to the industrial and institutional sectors, phosphonate is employed in I&I cleaners. Water Treatment has the market share of 42% in 2023. It lags behind I&I cleaners in Europe because the demand for water treatment is lower than I&I cleaners due to the abundance of fresh water resources. Phosphonates are a class of chemicals that can be used in water treatment as corrosion inhibitors, scale inhibitors, and/or dispersants. They are effective at low concentrations and can protect against both acidic and basic (alkaline) conditions. Phosphonates are used in a variety of applications, including boilers, cooling towers, and reverse osmosis systems.

The objective of the report is to present a comprehensive analysis of the Europe Phosphonate Market to the stakeholders in the industry. The report provides trends that are most dominant in the Europe Phosphonate Market and how these trends will influence new business investments and market development throughout the forecast period. The report also aids in the comprehension of the Europe Phosphonate Market dynamics and competitive structure of the market by analyzing market leaders, market followers, and regional players.

The qualitative and quantitative data provided in the Europe Phosphonate Market report is to help understand which market segments, regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas, which will drive the industry and market growth through the forecast period. The report also includes the competitive landscape of key players in the industry along with their recent developments in the Europe Phosphonate Market. The report studies factors such as company size, market share, market growth, revenue, production volume, and profits of the key players in the Europe Phosphonate Market.

The report provides Porter's Five Force Model, which helps in designing the business strategies in the market. The report helps in identifying how many rivals are existing, who they are, and how their product quality is in the Europe Phosphonate Market. The report also analyses if the Europe Phosphonate Market is easy for a new player to gain a foothold in the market, do they enter or exit the market regularly if the market is dominated by a few players, etc.

The report also includes a PESTEL Analysis, which aids in the development of company strategies. Political variables help in figuring out how much a government can influence the Europe Phosphonate Market. Economic variables aid in the analysis of economic performance drivers that have an impact on the Europe Phosphonate Market. Understanding the impact of the surrounding environment and the influence of environmental concerns on the Europe Phosphonate Market is aided by legal factors.

Europe Phosphonate Market Scope

Europe Phosphonate Market Key Players

• Italmatch Chemicals
• Aquapharm Chemicals
• Zeel Product
• Qingshuiyuan Technology
• Shandong Taihe Water Treatment Technologies
• Jianghai Environmental Protection
• WW Group
• Changzhou Kewei Fine Chemicals
• Excel Industries
• Manhar Specialities
• Shandong Xintai Water Treatment Technology
• Zaozhuang Kerui Chemicals
• Changzhou Yuanquan Hongguang Chemical
• Yichang Kaixiang Chemical