Phosphine Gas (Ph3) Market
Phosphine Gas (Ph3) Market Global Industry Assessment & Forecast
#
Pages:
169
2021
Nov - 2021
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
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
3655.8 Million |
 Revenue 2028:
|
4700.7 Million |
 Revenue CAGR
(2021 - 2028): |
4 |
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
The report delivers an acute breakdown of the market based on various segments such as Type, Application and region. This study comprises the market size in terms of revenue for each segment at the global/regional/country level along with a detailed analysis of growth prospects, challenges, and opportunities.
On the basis of Type, the market is divided into Electronic Grade Phosphine Gas (PH3), Technical Grade Phosphine Gas (PH3). Electronic Grade Phosphine Gas (PH3) is expected to dominate the market and is projected to grow at a noteworthy CAGR within the forecast period.
Based on Application, the market is divided into Organophosphorus chemistry, Microelectronics, Fumigant. Microelectronics attributed to the highest market share and is expected to grow at a significant CAGR from 2021 to 2028.
Global Phosphine Gas (Ph3) Market: Type Segment Analysis
-
- Electronic Grade Phosphine Gas (PH3)
- Technical Grade Phosphine Gas (PH3)
Global Phosphine Gas (Ph3) Market: Application Segment Analysis
-
- Organophosphorus chemistry
- Microelectronics
- Fumigant
FAQ
Frequently Asked Question
What is the global demand for Phosphine Gas (Ph3) in terms of revenue?
-
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?
-
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?
-
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?
-
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?
-
North America was the leading regional segment of the Phosphine Gas (Ph3) in 2020.
