Product Code: ETC199060 | Publication Date: Jul 2023 | Updated Date: Jan 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
Calcium phosphite, also known as calcium hypophosphite, is an inorganic compound that is used as a reducing agent and corrosion inhibitor. It can be found naturally occurring in some minerals such as monohydrocalcite and has been used in various industries for years. In the fertilizer industry, it is primarily used to increase plant nutrient availability by adding phosphorus and preventing its leaching from soils. Calcium phosphites are also widely used in coatings, paints and adhesives for their corrosion inhibiting properties. Additionally, they are employed in the leather tanning process due to their ability to remove hair follicles from hides quickly while preserving color quality.
The demand for calcium phosphites has grown steadily over the past few years due to increasing awareness of their benefits among end-users across several industries including agriculture, automotive refinishing & coatings and leather tanning among others. The growing focus on environmental sustainability has further boosted the adoption of these chemicals with manufacturers striving for energy efficient processes which use less water thus boosting revenue growth of calcium phosphites market. The rising popularity of organic foods coupled with stringent regulations regarding chemical usage have encouraged farmers to seek alternatives like biocides or mineral fertilizers such as calcium phosphate resulting in increased uptake of this product.
Some key factors driving demand for calcium phosphates include need for soil fertility improvement powered by continuous population growth especially developing countries across Asia Pacific; increasing requirement of high performance materials such as paints & coatings owing to consumer preference towards aesthetically pleasing products; rising application scope within automobile refinishing sector on account robust economic development along with introduction new technologies thereby enabling cost reduction; surging output levels of footwear segment leading surge production capacities hence creating potential opportunities particularly among emerging markets worldwide.
The spread COVID-19 pandemic had negatively impacted global economy thereby restricting sales revenues associated with manufacturing activities around world. This factor has significantly hampered export import operations between different nations thereby resulting decline shipments related products such munitions fertilizers , pesticides & herbicides including calcium ammonium nitrate (CAN) amongst others majorly impacting overall market growth 2021 onwards projection period 2025 2027. However implementation various government initiatives support domestic manufacturers help revive business confidence will accelerate industrial activities thus positively influencing sentiments surrounding future outlook this vertical post outbreak situation falls place 2022 2024 time frame after normalization
However, there are certain challenges that are hindering the growth of this market. These include high prices, availability of substitutes such as aluminum phosphate and poor quality raw materials used by some manufacturers. In addition to this, stringent regulations associated with the production process have proven to be a challenge for local players operating in Indonesia. Furthermore, rising environmental concerns regarding pollution caused by manufacturing processes has also been an obstacle for industry development in Indonesia.
Some key players operating in this market include PT Givaudan Pasuruan Jaya Abadi (GPA), PT Bintang Mandiri Primatama (BMP) and PT Sari Husada Tbk (SHT). Other leading companies include Kurnia Permata Kimia Utama (KPKU), Anugrah Pratama Elektronikindo (APEI), Toshiba Chemical Corporation Indonesia (TCCI) and Clochem Pte Ltd., among others
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Indonesia Calcium Phosphite Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Calcium Phosphite Market Revenues & Volume, 2020 & 2030F |
3.3 Indonesia Calcium Phosphite Market - Industry Life Cycle |
3.4 Indonesia Calcium Phosphite Market - Porter's Five Forces |
3.5 Indonesia Calcium Phosphite Market Revenues & Volume Share, By By Type, 2020 & 2030F |
3.6 Indonesia Calcium Phosphite Market Revenues & Volume Share, By By Application, 2020 & 2030F |
4 Indonesia Calcium Phosphite Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Calcium Phosphite Market Trends |
6 Indonesia Calcium Phosphite Market, By Types |
6.1 Indonesia Calcium Phosphite Market, By By Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Calcium Phosphite Market Revenues & Volume, By By Type, 2020-2030F |
6.1.3 Indonesia Calcium Phosphite Market Revenues & Volume, By Purityâ?¥90%, 2020-2030F |
6.1.4 Indonesia Calcium Phosphite Market Revenues & Volume, By Other, 2020-2030F |
6.2 Indonesia Calcium Phosphite Market, By By Application |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Calcium Phosphite Market Revenues & Volume, By Fertilizer, 2020-2030F |
6.2.3 Indonesia Calcium Phosphite Market Revenues & Volume, By Pesticide, 2020-2030F |
6.2.4 Indonesia Calcium Phosphite Market Revenues & Volume, By Anti-rust Coating, 2020-2030F |
6.2.5 Indonesia Calcium Phosphite Market Revenues & Volume, By Other, 2020-2030F |
7 Indonesia Calcium Phosphite Market Import-Export Trade Statistics |
7.1 Indonesia Calcium Phosphite Market Export to Major Countries |
7.2 Indonesia Calcium Phosphite Market Imports from Major Countries |
8 Indonesia Calcium Phosphite Market Key Performance Indicators |
9 Indonesia Calcium Phosphite Market - Opportunity Assessment |
9.1 Indonesia Calcium Phosphite Market Opportunity Assessment, By By Type, 2020 & 2030F |
9.2 Indonesia Calcium Phosphite Market Opportunity Assessment, By By Application, 2020 & 2030F |
10 Indonesia Calcium Phosphite Market - Competitive Landscape |
10.1 Indonesia Calcium Phosphite Market Revenue Share, By Companies, 2023 |
10.2 Indonesia Calcium Phosphite Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |