Sodium Hypophosphite - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Sodium Hypophosphite market is accounted for $582.36 million in 2018 and is expected to reach $1,051.28 million by 2027 growing at a CAGR of 6.8% during the forecast period. Growing demand for water treatment in industrial applications and expansion of the electronics and automotive sectors are the key driving factors. However, the rise in the price of phosphorous rocks owing to scarcity in supply is restraining the market growth.
Sodium hypophosphite (NaPO2H2) is the sodium salt of hypophosphorous acid and is often encountered as the monohydrate, NaPO2H2•H2O. It is solid at room temperature, appearing as odourless white crystals. It is soluble in water and easily absorbs moisture from the air. It is mainly used for electroless nickel plating. During the nickel electroplating, reducing agents i.e. sodium hypophosphite forms chelate compound by nickel and help to control the pH level that in turn resulted to improve surface properties and enhance the smoothness the finished products. The electroplating of the metal surface helps to improve its properties such as corrosion resistance, abrasion resistance, strength, and hardness, among others.
In terms of grade, the electrical segment is likely to have a huge demand during the forecast period. Sodium hypophosphite in its electrical grade is utilized for electroless nickel plating. Electroless nickel plating is increasing boundless adoption in the automotive and electronics sectors. By geography, Asia Pacific is estimated to have a lucrative growth due to the presence of large electronics and automotive manufacturers in the region and also the rise in industrialization in countries such as China, Japan, and South Korea is anticipated to expand at a rapid pace in the upcoming years.
Some of the key players in Global Sodium Hypophosphite market include Solvay, Nippon Chemical Industrial Co., Ltd, Arkema, Jiangxi Fuerxin Medicine Chemical Co., Ltd., Hubei Lianxing Chemical Co., Ltd., Sigma-Aldrich, Changshu New-Tech Chemicals Co., Ltd., Zhejiang Zengxin Chemistry Co., Ltd., Jiangsu Kangxiang Industrial Group Co., Ltd., and Huanggang Quanwang Chemical Co., Ltd.
Grades Covered:
All the customers of this report will be entitled to receive one of the following free customization options:
Sodium hypophosphite (NaPO2H2) is the sodium salt of hypophosphorous acid and is often encountered as the monohydrate, NaPO2H2•H2O. It is solid at room temperature, appearing as odourless white crystals. It is soluble in water and easily absorbs moisture from the air. It is mainly used for electroless nickel plating. During the nickel electroplating, reducing agents i.e. sodium hypophosphite forms chelate compound by nickel and help to control the pH level that in turn resulted to improve surface properties and enhance the smoothness the finished products. The electroplating of the metal surface helps to improve its properties such as corrosion resistance, abrasion resistance, strength, and hardness, among others.
In terms of grade, the electrical segment is likely to have a huge demand during the forecast period. Sodium hypophosphite in its electrical grade is utilized for electroless nickel plating. Electroless nickel plating is increasing boundless adoption in the automotive and electronics sectors. By geography, Asia Pacific is estimated to have a lucrative growth due to the presence of large electronics and automotive manufacturers in the region and also the rise in industrialization in countries such as China, Japan, and South Korea is anticipated to expand at a rapid pace in the upcoming years.
Some of the key players in Global Sodium Hypophosphite market include Solvay, Nippon Chemical Industrial Co., Ltd, Arkema, Jiangxi Fuerxin Medicine Chemical Co., Ltd., Hubei Lianxing Chemical Co., Ltd., Sigma-Aldrich, Changshu New-Tech Chemicals Co., Ltd., Zhejiang Zengxin Chemistry Co., Ltd., Jiangsu Kangxiang Industrial Group Co., Ltd., and Huanggang Quanwang Chemical Co., Ltd.
Grades Covered:
- Industrial
- Electrical
- Other Grades
- < 99%
- ? 99%
- Ion Exchange Resins
- Chemical Intermediates
- Reducing Agents
- Analytical Reagents
- Polymer Catalysts
- Catalysts & Stabilizers
- Other Functions
- Commercial
- Household
- Public Utilities
- Polymers
- Aviation
- Electroplating
- Chemicals & Pharmaceuticals
- Electronics
- Automotive & Transportation
- Building & Construction
- Petroleum
- Water Treatment
- Other Applications
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
1 EXECUTIVE SUMMARY
2 PREFACE
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 MARKET TREND ANALYSIS
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Futuristic Market Scenario
4 PORTERS FIVE FORCE ANALYSIS
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 GLOBAL SODIUM HYPOPHOSPHITE MARKET, BY GRADE
5.1 Introduction
5.2 Industrial
5.3 Electrical
5.4 Other Grades
5.4.1 Food
5.4.2 Agriculture
6 GLOBAL SODIUM HYPOPHOSPHITE MARKET, BY PURITY
6.1 Introduction
6.2 < 99%
6.3 ? 99%
7 GLOBAL SODIUM HYPOPHOSPHITE MARKET, BY FUNCTION
7.1 Introduction
7.2 Ion Exchange Resins
7.3 Chemical Intermediates
7.4 Reducing Agents
7.5 Analytical Reagents
7.6 Polymer Catalysts
7.7 Catalysts & Stabilizers
7.8 Other Functions
7.8.1 Flame Retardants
7.8.2 Food Additives
8 GLOBAL SODIUM HYPOPHOSPHITE MARKET, BY APPLICATION
8.1 Introduction
8.2 Commercial
8.3 Household
8.4 Public Utilities
8.5 Polymers
8.6 Aviation
8.7 Electroplating
8.8 Chemicals & Pharmaceuticals
8.9 Electronics
8.10 Automotive & Transportation
8.11 Building & Construction
8.12 Petroleum
8.13 Water Treatment
8.14 Other Applications
9 GLOBAL SODIUM HYPOPHOSPHITE MARKET, BY GEOGRAPHY
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 KEY DEVELOPMENTS
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 COMPANY PROFILING
11.1 Solvay
11.2 Nippon Chemical Industrial Co. Ltd
11.3 Arkema
11.4 Jiangxi Fuerxin Medicine Chemical Co. Ltd
11.5 Hubei Lianxing Chemical Co. Ltd
11.6 Sigma-Aldrich
11.7 Changshu New-Tech Chemicals Co. Ltd
11.8 Zhejiang Zengxin Chemistry Co. Ltd
11.9 Hubei Sky Lake Chemical Co. Ltd
11.10 Hubei Xingfa Chemicals Group Co. Ltd
11.11 Jiangsu Kangxiang Industrial Group Co. Ltd
11.12 Huanggang Quanwang Chemical Co. Ltd.
2 PREFACE
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 MARKET TREND ANALYSIS
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Futuristic Market Scenario
4 PORTERS FIVE FORCE ANALYSIS
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 GLOBAL SODIUM HYPOPHOSPHITE MARKET, BY GRADE
5.1 Introduction
5.2 Industrial
5.3 Electrical
5.4 Other Grades
5.4.1 Food
5.4.2 Agriculture
6 GLOBAL SODIUM HYPOPHOSPHITE MARKET, BY PURITY
6.1 Introduction
6.2 < 99%
6.3 ? 99%
7 GLOBAL SODIUM HYPOPHOSPHITE MARKET, BY FUNCTION
7.1 Introduction
7.2 Ion Exchange Resins
7.3 Chemical Intermediates
7.4 Reducing Agents
7.5 Analytical Reagents
7.6 Polymer Catalysts
7.7 Catalysts & Stabilizers
7.8 Other Functions
7.8.1 Flame Retardants
7.8.2 Food Additives
8 GLOBAL SODIUM HYPOPHOSPHITE MARKET, BY APPLICATION
8.1 Introduction
8.2 Commercial
8.3 Household
8.4 Public Utilities
8.5 Polymers
8.6 Aviation
8.7 Electroplating
8.8 Chemicals & Pharmaceuticals
8.9 Electronics
8.10 Automotive & Transportation
8.11 Building & Construction
8.12 Petroleum
8.13 Water Treatment
8.14 Other Applications
9 GLOBAL SODIUM HYPOPHOSPHITE MARKET, BY GEOGRAPHY
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 KEY DEVELOPMENTS
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 COMPANY PROFILING
11.1 Solvay
11.2 Nippon Chemical Industrial Co. Ltd
11.3 Arkema
11.4 Jiangxi Fuerxin Medicine Chemical Co. Ltd
11.5 Hubei Lianxing Chemical Co. Ltd
11.6 Sigma-Aldrich
11.7 Changshu New-Tech Chemicals Co. Ltd
11.8 Zhejiang Zengxin Chemistry Co. Ltd
11.9 Hubei Sky Lake Chemical Co. Ltd
11.10 Hubei Xingfa Chemicals Group Co. Ltd
11.11 Jiangsu Kangxiang Industrial Group Co. Ltd
11.12 Huanggang Quanwang Chemical Co. Ltd.
LIST OF TABLES
Table 1 Global Sodium Hypophosphite Market Outlook, By Region (2017-2027) (US $MN)
Table 2 Global Sodium Hypophosphite Market Outlook, By Grade (2017-2027) (US $MN)
Table 3 Global Sodium Hypophosphite Market Outlook, By Industrial (2017-2027) (US $MN)
Table 4 Global Sodium Hypophosphite Market Outlook, By Electrical (2017-2027) (US $MN)
Table 5 Global Sodium Hypophosphite Market Outlook, By Other Grades (2017-2027) (US $MN)
Table 6 Global Sodium Hypophosphite Market Outlook, By Food (2017-2027) (US $MN)
Table 7 Global Sodium Hypophosphite Market Outlook, By Agriculture (2017-2027) (US $MN)
Table 8 Global Sodium Hypophosphite Market Outlook, By Purity (2017-2027) (US $MN)
Table 9 Global Sodium Hypophosphite Market Outlook, By < 99% (2017-2027) (US $MN)
Table 10 Global Sodium Hypophosphite Market Outlook, By ? 99% (2017-2027) (US $MN)
Table 11 Global Sodium Hypophosphite Market Outlook, By Function (2017-2027) (US $MN)
Table 12 Global Sodium Hypophosphite Market Outlook, By Ion Exchange Resins (2017-2027) (US $MN)
Table 13 Global Sodium Hypophosphite Market Outlook, By Chemical Intermediates (2017-2027) (US $MN)
Table 14 Global Sodium Hypophosphite Market Outlook, By Reducing Agents (2017-2027) (US $MN)
Table 15 Global Sodium Hypophosphite Market Outlook, By Analytical Reagents (2017-2027) (US $MN)
Table 16 Global Sodium Hypophosphite Market Outlook, By Polymer Catalysts (2017-2027) (US $MN)
Table 17 Global Sodium Hypophosphite Market Outlook, By Catalysts & Stabilizers (2017-2027) (US $MN)
Table 18 Global Sodium Hypophosphite Market Outlook, By Other Functions (2017-2027) (US $MN)
Table 19 Global Sodium Hypophosphite Market Outlook, By Flame Retardants (2017-2027) (US $MN)
Table 20 Global Sodium Hypophosphite Market Outlook, By Food Additives (2017-2027) (US $MN)
Table 21 Global Sodium Hypophosphite Market Outlook, By Application (2017-2027) (US $MN)
Table 22 Global Sodium Hypophosphite Market Outlook, By Commercial (2017-2027) (US $MN)
Table 23 Global Sodium Hypophosphite Market Outlook, By Household (2017-2027) (US $MN)
Table 24 Global Sodium Hypophosphite Market Outlook, By Public Utilities (2017-2027) (US $MN)
Table 25 Global Sodium Hypophosphite Market Outlook, By Polymers (2017-2027) (US $MN)
Table 26 Global Sodium Hypophosphite Market Outlook, By Aviation (2017-2027) (US $MN)
Table 27 Global Sodium Hypophosphite Market Outlook, By Electroplating (2017-2027) (US $MN)
Table 28 Global Sodium Hypophosphite Market Outlook, By Chemicals & Pharmaceuticals (2017-2027) (US $MN)
Table 29 Global Sodium Hypophosphite Market Outlook, By Electronics (2017-2027) (US $MN)
Table 30 Global Sodium Hypophosphite Market Outlook, By Automotive & Transportation (2017-2027) (US $MN)
Table 31 Global Sodium Hypophosphite Market Outlook, By Building & Construction (2017-2027) (US $MN)
Table 32 Global Sodium Hypophosphite Market Outlook, By Petroleum (2017-2027) (US $MN)
Table 33 Global Sodium Hypophosphite Market Outlook, By Water Treatment (2017-2027) (US $MN)
Table 34 Global Sodium Hypophosphite Market Outlook, By Other Applications (2017-2027) (US $MN)
NOTE: Tables for North America, Europe, Asia Pacific, South America and Middle East & Africa are represented in the same manner above.
Table 1 Global Sodium Hypophosphite Market Outlook, By Region (2017-2027) (US $MN)
Table 2 Global Sodium Hypophosphite Market Outlook, By Grade (2017-2027) (US $MN)
Table 3 Global Sodium Hypophosphite Market Outlook, By Industrial (2017-2027) (US $MN)
Table 4 Global Sodium Hypophosphite Market Outlook, By Electrical (2017-2027) (US $MN)
Table 5 Global Sodium Hypophosphite Market Outlook, By Other Grades (2017-2027) (US $MN)
Table 6 Global Sodium Hypophosphite Market Outlook, By Food (2017-2027) (US $MN)
Table 7 Global Sodium Hypophosphite Market Outlook, By Agriculture (2017-2027) (US $MN)
Table 8 Global Sodium Hypophosphite Market Outlook, By Purity (2017-2027) (US $MN)
Table 9 Global Sodium Hypophosphite Market Outlook, By < 99% (2017-2027) (US $MN)
Table 10 Global Sodium Hypophosphite Market Outlook, By ? 99% (2017-2027) (US $MN)
Table 11 Global Sodium Hypophosphite Market Outlook, By Function (2017-2027) (US $MN)
Table 12 Global Sodium Hypophosphite Market Outlook, By Ion Exchange Resins (2017-2027) (US $MN)
Table 13 Global Sodium Hypophosphite Market Outlook, By Chemical Intermediates (2017-2027) (US $MN)
Table 14 Global Sodium Hypophosphite Market Outlook, By Reducing Agents (2017-2027) (US $MN)
Table 15 Global Sodium Hypophosphite Market Outlook, By Analytical Reagents (2017-2027) (US $MN)
Table 16 Global Sodium Hypophosphite Market Outlook, By Polymer Catalysts (2017-2027) (US $MN)
Table 17 Global Sodium Hypophosphite Market Outlook, By Catalysts & Stabilizers (2017-2027) (US $MN)
Table 18 Global Sodium Hypophosphite Market Outlook, By Other Functions (2017-2027) (US $MN)
Table 19 Global Sodium Hypophosphite Market Outlook, By Flame Retardants (2017-2027) (US $MN)
Table 20 Global Sodium Hypophosphite Market Outlook, By Food Additives (2017-2027) (US $MN)
Table 21 Global Sodium Hypophosphite Market Outlook, By Application (2017-2027) (US $MN)
Table 22 Global Sodium Hypophosphite Market Outlook, By Commercial (2017-2027) (US $MN)
Table 23 Global Sodium Hypophosphite Market Outlook, By Household (2017-2027) (US $MN)
Table 24 Global Sodium Hypophosphite Market Outlook, By Public Utilities (2017-2027) (US $MN)
Table 25 Global Sodium Hypophosphite Market Outlook, By Polymers (2017-2027) (US $MN)
Table 26 Global Sodium Hypophosphite Market Outlook, By Aviation (2017-2027) (US $MN)
Table 27 Global Sodium Hypophosphite Market Outlook, By Electroplating (2017-2027) (US $MN)
Table 28 Global Sodium Hypophosphite Market Outlook, By Chemicals & Pharmaceuticals (2017-2027) (US $MN)
Table 29 Global Sodium Hypophosphite Market Outlook, By Electronics (2017-2027) (US $MN)
Table 30 Global Sodium Hypophosphite Market Outlook, By Automotive & Transportation (2017-2027) (US $MN)
Table 31 Global Sodium Hypophosphite Market Outlook, By Building & Construction (2017-2027) (US $MN)
Table 32 Global Sodium Hypophosphite Market Outlook, By Petroleum (2017-2027) (US $MN)
Table 33 Global Sodium Hypophosphite Market Outlook, By Water Treatment (2017-2027) (US $MN)
Table 34 Global Sodium Hypophosphite Market Outlook, By Other Applications (2017-2027) (US $MN)
NOTE: Tables for North America, Europe, Asia Pacific, South America and Middle East & Africa are represented in the same manner above.