Market of Phosphoric Acid in China 2023
In China, many phosphoric acid (PA) manufacturers are traditional phosphorus chemical enterprises. But currently many of them no longer simply play the traditional role as a supplier of fertilizers or low-end phosphorus products. These years, they have made new development through following integration strategies.
Nowadays, PA manufacturers in China are developing not only by integrating forward, but also by integrating backward. Upstream material self-sufficiency rate in China's PA manufacturers is increasing. Many PA manufacturers have expanded or are actively expanding to downstream businesses. For instance, Kunming Chuan Jin Nuo Chemical Co., Ltd. will complete its 2,500 t/a battery-grade PA (100% P2O5) and 5,000 t/a battery-grade lithium iron phosphate precursor project in 2023, and Kingenta Norsterra Chemical Co., Ltd. expects to complete its 100,000 t/a purified PA, 200,000 t/a PA and 400,000 t/a ammonium dihydrogen phosphate for batteries project in 2025.
Then why do these PA manufacturers need to conduct industrial integration? What kinds of actions are they taking to implement their integration strategies? And how will China's PA industry fare after the industrial integration in the future?
In order to get more information and have a better knowledge of development trends of PA industry in China, CCM has done deep research on PA manufacturers, which include phosphorus fertilizer manufacturers, food grade PA manufacturers, industrial grade PA manufacturers and electronic grade PA manufacturers. CCM has also done deep research on PA downstream fields, including fertilizer, metal surface treatment, fire protection, new energy, panel, circuit and food processing. Key points in the report are as follows,
Nowadays, PA manufacturers in China are developing not only by integrating forward, but also by integrating backward. Upstream material self-sufficiency rate in China's PA manufacturers is increasing. Many PA manufacturers have expanded or are actively expanding to downstream businesses. For instance, Kunming Chuan Jin Nuo Chemical Co., Ltd. will complete its 2,500 t/a battery-grade PA (100% P2O5) and 5,000 t/a battery-grade lithium iron phosphate precursor project in 2023, and Kingenta Norsterra Chemical Co., Ltd. expects to complete its 100,000 t/a purified PA, 200,000 t/a PA and 400,000 t/a ammonium dihydrogen phosphate for batteries project in 2025.
Then why do these PA manufacturers need to conduct industrial integration? What kinds of actions are they taking to implement their integration strategies? And how will China's PA industry fare after the industrial integration in the future?
In order to get more information and have a better knowledge of development trends of PA industry in China, CCM has done deep research on PA manufacturers, which include phosphorus fertilizer manufacturers, food grade PA manufacturers, industrial grade PA manufacturers and electronic grade PA manufacturers. CCM has also done deep research on PA downstream fields, including fertilizer, metal surface treatment, fire protection, new energy, panel, circuit and food processing. Key points in the report are as follows,
- Production situation of PA in China, 2020–2022
- Key PA manufacturers and their capacity and output, 2020–2022
- Key PA manufacturers and their production methods
- PA related subsidiaries of key PA manufacturers in China
- Financial situation of key PA manufacturers in China
- Backward integration trend of PA industry in China, 2018–2022
- Forward integration trend and consumption analysis of PA industry in China to 2025
Executive summary
Methodology
1 MARKET INFORMATION OF PA (PHOSPHORIC ACID)
1.1 Global overview of PA
1.2 Properties of PA
1.2.1 Properties of food grade PA
1.2.2 Properties of electronic grade PA
1.2.3 Properties of industrial grade PA
2 PRODUCTION SITUATION OF PA IN CHINA
2.1 Food grade PA
2.1.1 Capacity and output of food grade PA, 2020–2022
2.1.2 Producers of food grade PA in China, 2020–2022
2.2 Electronic grade PA
2.2.1 Capacity and output of electronic grade PA, 2020–2022
2.2.2 Producers of electronic grade PA in China, 2020–2022
2.3 Industrial grade PA
2.3.1 Capacity and output of industrial grade PA, 2020–2022
2.3.2 Producers of industrial grade PA in China, 2020–2022
2.4 Domestic PA expansion project, 2020–2023
3 UPSTREAM INDUSTRY OF PA
3.1 Industrial grade PA and food grade PA
3.2 Electronic grade PA
4 CONSUMPTION SITUATION OF PA
4.1 Consumption of food grade PA
4.2 Consumption of electronic grade PA
4.3 Consumption of industrial grade PA
5 FORECAST ON PA INDUSTRY IN CHINA, 2023–2025
5.1 Forecast of food grade PA and industrial grade PA
5.2 Forecast of electronic grade PA
6 COMPANY PROFILES OF KEY PRODUCERS
6.1 Yunnan Yuntianhua Co., Ltd.
6.2 Wengfu (Group) Co., Ltd.
6.3 Hubei Xingfa Chemicals Group Co., Ltd.
6.4 Anhui Liuguo Chemical Co., Ltd.
6.5 Guizhou Kailin Group Co., Ltd.
6.6 Hubei Yihua Chemical Industry Co., Ltd.
6.7 Jiangsu Chengxing Phosph-Chemicals Co., Ltd.
6.8 Kunming Chuan Jin Nuo Chemical Co., Ltd.
6.9 Guizhou Chanhen Chemical Corporation
6.10 Chongqing Chuandong Chemical (Group) Co., Ltd.
Methodology
1 MARKET INFORMATION OF PA (PHOSPHORIC ACID)
1.1 Global overview of PA
1.2 Properties of PA
1.2.1 Properties of food grade PA
1.2.2 Properties of electronic grade PA
1.2.3 Properties of industrial grade PA
2 PRODUCTION SITUATION OF PA IN CHINA
2.1 Food grade PA
2.1.1 Capacity and output of food grade PA, 2020–2022
2.1.2 Producers of food grade PA in China, 2020–2022
2.2 Electronic grade PA
2.2.1 Capacity and output of electronic grade PA, 2020–2022
2.2.2 Producers of electronic grade PA in China, 2020–2022
2.3 Industrial grade PA
2.3.1 Capacity and output of industrial grade PA, 2020–2022
2.3.2 Producers of industrial grade PA in China, 2020–2022
2.4 Domestic PA expansion project, 2020–2023
3 UPSTREAM INDUSTRY OF PA
3.1 Industrial grade PA and food grade PA
3.2 Electronic grade PA
4 CONSUMPTION SITUATION OF PA
4.1 Consumption of food grade PA
4.2 Consumption of electronic grade PA
4.3 Consumption of industrial grade PA
5 FORECAST ON PA INDUSTRY IN CHINA, 2023–2025
5.1 Forecast of food grade PA and industrial grade PA
5.2 Forecast of electronic grade PA
6 COMPANY PROFILES OF KEY PRODUCERS
6.1 Yunnan Yuntianhua Co., Ltd.
6.2 Wengfu (Group) Co., Ltd.
6.3 Hubei Xingfa Chemicals Group Co., Ltd.
6.4 Anhui Liuguo Chemical Co., Ltd.
6.5 Guizhou Kailin Group Co., Ltd.
6.6 Hubei Yihua Chemical Industry Co., Ltd.
6.7 Jiangsu Chengxing Phosph-Chemicals Co., Ltd.
6.8 Kunming Chuan Jin Nuo Chemical Co., Ltd.
6.9 Guizhou Chanhen Chemical Corporation
6.10 Chongqing Chuandong Chemical (Group) Co., Ltd.
LIST OF TABLES
Table 1.1-1 Top 5 export destinations of phosphoric acid and polyphosphoric acids (HS code: 280920) from Morocco, 2022
Table 1.1-2 Top 5 export destinations of phosphoric acid and polyphosphoric acids (HS code: 280920) from the US, 2022
Table 1.1-3 Top 5 export destinations of phosphoric acid and polyphosphoric acids (HS code: 280920) from China, 2022
Table 1.1-4 Top 5 importers of phosphoric acid and polyphosphoric acids, 2022
Table 1.1-5 Grade, reserve and output of phosphate ore in China, Morocco and Western Sahara, and others
Table 1.2.1-1 Standard for phosphoric acid as a food additive in China
Table 1.2.2-1 Standard for electronic grade phosphoric acid in China
Table 1.2.3-1 Standard for industrial grade phosphoric acid in China
Table 2-1 Capacity of industrial grade PA and food grade PA in China by region, 2020–2022
Table 2-2 Output proportion (industrial grade PA and food grade PA) by production process in China, 2020–2022
Table 2.1.2-1 Basic info of key manufacturers of food grade PA in China, 2020–2022
Table 2.1.2-2 Capacity and output of food grade PA in key producers in China, 2020–2022
Table 2.1.2-3 Production technology adopted in food grade PA producers in China
Table 2.2.2-1 Basic info of key manufacturers of electronic grade PA in China, 2020–2022
Table 2.2.2-2 Capacity and output of key electronic grade PA manufacturers in China, 2020–2022
Table 2.3.2-1 Basic info of key industrial grade PA manufacturers in China, 2020–2022
Table 2.3.2-2 Capacity and output of industrial grade PA in key producers in China, 2020–2022
Table 2.3.2-3 Production technology adopted in major industrial grade PA producers in China
Table 2.3.2-4 Representative PA producer of industrial grade PA with phosphate fertilizers
Table 2.4-1 Phosphoric acid expansion projects in China, 2020–Aug. 2023
Table 3.1-1 Source of phosphate ore for industrial and food grade PA producers by wet method
Table 3.1-2 Source of phosphate ore for industrial and food grade PA producers by thermal method
Table 4-1 PA producers' downstream products, PPA production, shares of PA for self use vs. for sales, 2022
Table 6.1-1 Financials of Yuntianhua, 2021–2022, RMB
Table 6.1-2 PA related subsidiaries of Yuntianhua, as of July 2023
Table 6.1-3 PA capacity and output of Yuntianhua, 2020–2022
Table 6.1-4 Government-subsidized projects of Yuntianhua, 2020–2022
Table 6.2-1 Financials of Wengfu Group, 2021–2022, RMB
Table 6.2-2 PA related subsidiaries of Wengfu Group, as of July 2023
Table 6.2-3 PA Capacity and output of Wengfu Group, 2020–2022
Table 6.3-1 Financials of Hubei Xingfa, 2021–2022, RMB
Table 6.3-2 PA related subsidiaries of Hubei Xingfa, as of July 2023
Table 6.3-3 PA Capacity and output of Hubei Xingfa, 2020–2022
Table 6.3-4 Government-subsidized projects of Hubei Xingfa, 2020–2022
Table 6.4-1 Financials of Anhui Liuguo, 2021–2022, RMB
Table 6.4-2 PA related subsidiaries of Anhui Liuguo, as of July 2023
Table 6.4-3 PA Capacity and output of Anhui Liuguo, 2020–2022
Table 6.4-4 Government-subsidized projects of Anhui Liuguo, 2020–2022
Table 6.5-1 PA related subsidiaries of Guizhou Kailin, as of July 2023
Table 6.5-2 PA Capacity and output of Guizhou Kailin, 2020–2022
Table 6.6-1 Financials of Hubei Yihua, 2021–2022, RMB
Table 6.6-2 PA related subsidiaries of Hubei Yihua, as of July 2023
Table 6.6-3 PA Capacity and output of Hubei Yihua, 2020–2022
Table 6.6-4 Government-subsidized projects of Hubei Yihua, 2020–2022
Table 6.7-1 Financials of Jiangsu Chengxing, 2021–2022, RMB
Table 6.7-2 PA related subsidiaries of Jiangsu Chengxing, as of July 2023
Table 6.7-3 PA Capacity and output of Jiangsu Chengxing, 2020–2022
Table 6.7-4 Government-subsidized projects of Jiangsu Chengxing, 2020–2022
Table 6.8-1 Financials of Kunming Chuan Jin Nuo, 2021–2022, RMB
Table 6.8-2 PA related subsidiaries of Kunming Chuan Jin Nuo, as of July 2023
Table 6.8-3 PA Capacity and output of Kunming Chuan Jin Nuo, 2020–2022
Table 6.8-4 Government-subsidized project of Kunming Chuan Jin Nuo, 2020–2022
Table 6.9-1 Financials of Guizhou Chanhen, 2021–2022, RMB
Table 6.9-2 PA related subsidiaries of Guizhou Chanhen, as of July 2023
Table 6.9-3 PA Capacity and output of Guizhou Chanhen, 2020–2022
Table 6.9-4 Government-subsidized projects of Guizhou Chanhen, 2020–2022
Table 6.10-1 PA related subsidiaries of Chongqing Chuandong, as of July 2023
Table 6.10-2 PA Capacity and output of Chongqing Chuandong, 2020–2022
Table 1.1-1 Top 5 export destinations of phosphoric acid and polyphosphoric acids (HS code: 280920) from Morocco, 2022
Table 1.1-2 Top 5 export destinations of phosphoric acid and polyphosphoric acids (HS code: 280920) from the US, 2022
Table 1.1-3 Top 5 export destinations of phosphoric acid and polyphosphoric acids (HS code: 280920) from China, 2022
Table 1.1-4 Top 5 importers of phosphoric acid and polyphosphoric acids, 2022
Table 1.1-5 Grade, reserve and output of phosphate ore in China, Morocco and Western Sahara, and others
Table 1.2.1-1 Standard for phosphoric acid as a food additive in China
Table 1.2.2-1 Standard for electronic grade phosphoric acid in China
Table 1.2.3-1 Standard for industrial grade phosphoric acid in China
Table 2-1 Capacity of industrial grade PA and food grade PA in China by region, 2020–2022
Table 2-2 Output proportion (industrial grade PA and food grade PA) by production process in China, 2020–2022
Table 2.1.2-1 Basic info of key manufacturers of food grade PA in China, 2020–2022
Table 2.1.2-2 Capacity and output of food grade PA in key producers in China, 2020–2022
Table 2.1.2-3 Production technology adopted in food grade PA producers in China
Table 2.2.2-1 Basic info of key manufacturers of electronic grade PA in China, 2020–2022
Table 2.2.2-2 Capacity and output of key electronic grade PA manufacturers in China, 2020–2022
Table 2.3.2-1 Basic info of key industrial grade PA manufacturers in China, 2020–2022
Table 2.3.2-2 Capacity and output of industrial grade PA in key producers in China, 2020–2022
Table 2.3.2-3 Production technology adopted in major industrial grade PA producers in China
Table 2.3.2-4 Representative PA producer of industrial grade PA with phosphate fertilizers
Table 2.4-1 Phosphoric acid expansion projects in China, 2020–Aug. 2023
Table 3.1-1 Source of phosphate ore for industrial and food grade PA producers by wet method
Table 3.1-2 Source of phosphate ore for industrial and food grade PA producers by thermal method
Table 4-1 PA producers' downstream products, PPA production, shares of PA for self use vs. for sales, 2022
Table 6.1-1 Financials of Yuntianhua, 2021–2022, RMB
Table 6.1-2 PA related subsidiaries of Yuntianhua, as of July 2023
Table 6.1-3 PA capacity and output of Yuntianhua, 2020–2022
Table 6.1-4 Government-subsidized projects of Yuntianhua, 2020–2022
Table 6.2-1 Financials of Wengfu Group, 2021–2022, RMB
Table 6.2-2 PA related subsidiaries of Wengfu Group, as of July 2023
Table 6.2-3 PA Capacity and output of Wengfu Group, 2020–2022
Table 6.3-1 Financials of Hubei Xingfa, 2021–2022, RMB
Table 6.3-2 PA related subsidiaries of Hubei Xingfa, as of July 2023
Table 6.3-3 PA Capacity and output of Hubei Xingfa, 2020–2022
Table 6.3-4 Government-subsidized projects of Hubei Xingfa, 2020–2022
Table 6.4-1 Financials of Anhui Liuguo, 2021–2022, RMB
Table 6.4-2 PA related subsidiaries of Anhui Liuguo, as of July 2023
Table 6.4-3 PA Capacity and output of Anhui Liuguo, 2020–2022
Table 6.4-4 Government-subsidized projects of Anhui Liuguo, 2020–2022
Table 6.5-1 PA related subsidiaries of Guizhou Kailin, as of July 2023
Table 6.5-2 PA Capacity and output of Guizhou Kailin, 2020–2022
Table 6.6-1 Financials of Hubei Yihua, 2021–2022, RMB
Table 6.6-2 PA related subsidiaries of Hubei Yihua, as of July 2023
Table 6.6-3 PA Capacity and output of Hubei Yihua, 2020–2022
Table 6.6-4 Government-subsidized projects of Hubei Yihua, 2020–2022
Table 6.7-1 Financials of Jiangsu Chengxing, 2021–2022, RMB
Table 6.7-2 PA related subsidiaries of Jiangsu Chengxing, as of July 2023
Table 6.7-3 PA Capacity and output of Jiangsu Chengxing, 2020–2022
Table 6.7-4 Government-subsidized projects of Jiangsu Chengxing, 2020–2022
Table 6.8-1 Financials of Kunming Chuan Jin Nuo, 2021–2022, RMB
Table 6.8-2 PA related subsidiaries of Kunming Chuan Jin Nuo, as of July 2023
Table 6.8-3 PA Capacity and output of Kunming Chuan Jin Nuo, 2020–2022
Table 6.8-4 Government-subsidized project of Kunming Chuan Jin Nuo, 2020–2022
Table 6.9-1 Financials of Guizhou Chanhen, 2021–2022, RMB
Table 6.9-2 PA related subsidiaries of Guizhou Chanhen, as of July 2023
Table 6.9-3 PA Capacity and output of Guizhou Chanhen, 2020–2022
Table 6.9-4 Government-subsidized projects of Guizhou Chanhen, 2020–2022
Table 6.10-1 PA related subsidiaries of Chongqing Chuandong, as of July 2023
Table 6.10-2 PA Capacity and output of Chongqing Chuandong, 2020–2022
