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Phosphine Gas (Ph3) Market

Phosphine Gas (Ph3) Market

Phosphine Gas (Ph3) Market Global Industry Assessment & Forecast

# Pages:

169

Base Year:

2021

Nov - 2021

Format:

Report Code:

VMR-2021-0225

Segments Covered
  • By Type Electronic Grade Phosphine Gas (PH3), Technical Grade Phosphine Gas (PH3)
  • By Application Organophosphorus chemistry, Microelectronics, Fumigant
Snapshot
Forecast YearsForecast Years: 2021 - 2028
Historical YearsHistorical Years: 2016 - 2020
Revenue 2021Revenue 2021: 3655.8 Million
Revenue 2028Revenue 2028: 4700.7 Million
Revenue CAGRRevenue CAGR (2021 - 2028): 4
Fastest Growing Region Fastest Growing Region (2022 - 2028) 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
  • Others Request Customization Speak To Analyst
FAQ
Frequently Asked Question
  • 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%.

  • The prominent players in the market are BASF, GASCO, Pentagon Chemicals, Nippon Chemical Industrial, Air Products, CYTEC SOLVAY GROUP, Bhagwati Chemicals..

  • The market is project to grow at a CAGR of 4% between 2021 and 2028.

  • 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.

  • North America was the leading regional segment of the Phosphine Gas (Ph3) in 2020.