![Phosphine Gas (Ph3) Market](/assets/img/reports/cover/Phosphine-Gas-Ph3-Market.jpeg)
Phosphine Gas (Ph3) Market
Phosphine Gas (Ph3) Market Global Industry Assessment & Forecast
Segments Covered
By Type Electronic Grade Phosphine Gas (PH3), Technical Grade Phosphine Gas (PH3)
By Application Organophosphorus chemistry, Microelectronics, Fumigant
Snapshot
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2021 - 2028 |
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2016 - 2020 |
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3655.8 Million |
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4700.7 Million |
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4 |
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North America |
Customization Offered
Cross-segment Market Size and Analysis for Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market Dynamics
Region Level Market Share
Import Export Analysis
Production Analysis
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FAQ
Frequently Asked Question
What is the global demand for Phosphine Gas (Ph3) in terms of revenue?
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The global Phosphine Gas (Ph3) valued at 3655.8 Million in 2020 and is expected to reach 4700.7 Million in 2028 growing at a CAGR of 4%.
Which are the prominent players in the market?
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The prominent players in the market are BASF, GASCO, Pentagon Chemicals, Nippon Chemical Industrial, Air Products, CYTEC SOLVAY GROUP, Bhagwati Chemicals..
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 4% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
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The driving factors of the Phosphine Gas (Ph3) include
- Phosphine is a precursor to many organophosphorus compounds. It reacts with formaldehyde in the presence of hydrogen chloride to give tetrakis(hydroxymethyl)phosphonium chloride, which is used in textiles. The hydrophosphination of alkenes is versatile route to a variety of phosphines, this is fueling the demand.
- Phosphine is used as a dopant in the semiconductor industry, and a precursor for the deposition of compound semiconductors. Commercially significant products include gallium phosphide and indium phosphide, this is also driving the market.
Which region accounted for the largest share in the market?
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North America was the leading regional segment of the Phosphine Gas (Ph3) in 2020.