Phosphoric esters market

Phosphoric esters market: get access to new info provided by an Ai-driven BI platform. Information provide trade, market prices, exports, imports, companies, consumption, production, and market size. Here is a breakdown by country, including Latin America, China, Russia, the Middle East, the U.K., EU, the U.S., and Africa. Market dynamics and forecast to 2030 are also provided in the reports.

Phosphoric Esters - World's Largest Markets

In value terms, the United States, China and India constituted the countries with the highest levels of market value in 2020, with a combined 45% share of the global market. Brazil, Russia, Japan, South Korea, Egypt, Mexico, Germany, Taiwan (Chinese), Saudi Arabia and Turkey lagged somewhat behind, together comprising a further 30%.

Russia recorded the highest rates of growth with regard to market size, among the main consuming countries over the period under review, while phosphoric esters; and their salts market for the other global leaders experienced more modest paces of growth.

Phosphoric Esters; And Their Salts Prices

Phosphoric Esters; and Their Salts - Top Importers

In value terms, the United States ($97M), South Korea ($94M) and the Netherlands ($76M) appeared to be the countries with the highest levels of imports in 2020, with a combined 30% share of global imports. Germany, Belgium, Italy, Hungary, Spain, Japan, Canada, the UK, Russia and Turkey lagged somewhat behind, together comprising a further 35%.

Hungary recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Phosphoric Esters; and Their Salts - Top Exporters

In value terms, China ($448M) remains the largest phosphoric esters; and their salts supplier worldwide, comprising 49% of global exports. The second position in the ranking was occupied by Germany ($138M), with a 15% share of global exports. It was followed by Japan, with a 8.9% share.

From 2018 to 2020, the average annual rate of growth in terms of value in China amounted to -3.9%. In the other countries, the average annual rates were as follows: Germany (+0.1% per year) and Japan (+10.8% per year).

Phosphoric Esters; and Their Salts - Market Forecast

Driven by increasing demand for phosphoric esters; and their salts worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to accelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Phosphoric Esters - Product Coverage

• HS 291910 - Esters; phosphoric, and their salts, including lactophosphates, their halogenated, sulphonated, nitrated or nitrosated derivatives; tris(2,3-dibromopropyl) phosphate
• HS 291990 - Esters; phosphoric, and their salts, including lactophosphates, their halogenated, sulphonated, nitrated or nitrosated derivatives; other than tris(2,3-dibromopropyl) phosphate