Global Vinylphosphonic Acid market will reach 24 million US$ by the end of 2025

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Global Vinylphosphonic Acid market will reach 24 million US$ by the end of 2025 Custom Research|Research Report|Management Consulting|Seminar|Database

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Vinylphosphonic acid is an organophosphorus compound with the formula C2H3PO3H2. It is a colorless liquid. Vinylphosphonic acid is a key monomer for the synthesis of vinyl phosphate polymer, co-polymer, etc. Applications of vinylphosphonic acid include Printing, Coating, Water Treatment & Oil Well, Fuel Cells, Health Care and so on. Among those applications, Coating accounts for the largest market share, which was about 35.78% in 2017.

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• The vinylphosphonic acid industry is highly concentrated as there are major three manufacturers presently. Euticals is the largest producer with sales volume of 160 MT in 2017. • Global sales of vinylphosphonic acid increased from 133 MT in 2013 to 179 MT in 2017. Europe is the largest production base presently. As for consumption, Europe is also the largest consumer with about 51.33% share in 2017.

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The global Vinylphosphonic Acid market is valued at 12 million US$ in 2017 and will reach 24 million US$ by the end of 2025, growing at a CAGR of 9.0% during 2018-2025.

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