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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

Research Methodology: Phosphine Gas (Ph3) Market - Global Market Assessment, 2021 - 2028

The global Phosphine Gas (Ph3)market research study involves reliable research methodology to arrive at the market estimations and forecasts. The whole research process involves 3 major activities: Secondary Research, Primary Research, and Data Triangulation. Secondary resources are utilized to gain insights on the market and later primary research is conducted to revalidate the information and conclusion derived from the secondary research. Moreover, the information procured from the secondary and primary resources is undergone through data triangulation methods to attain more accurate results on quantitative and qualitative analysis for specific market research studies. This helps to study any minutest details of the market along with building a clearer market-specific view for revenue estimations, industry trends, within each end0use industry, and estimate future trends within the market. 

Secondary Research

Primary Research:

The information gained/procured from the secondary data sources is validated through extensive primary interviews with industry experts across the Phosphine Gas (Ph3) supply chain. The primary research is also conducted to identify key players in the market and to gather and validate already procured information pertaining to their market-specific financial information. Moreover, primary research is used to gain/validate information about:


  • Phosphine Gas (Ph3) market size at regional and country level
  • Market size and forecast by , , and 
  • Key industry players and their market share and Phosphine Gas (Ph3) market-specific sales/revenue
  • Understanding market developments, future growth prospects, and upcoming challenges
  • Overview of the Phosphine Gas (Ph3) supply chain and overall ecosystem

Data Triangulation and Market Size Estimations

After arriving at the global market numbers, top-down and bottom-up approaches are used to estimate, validate and finalize the market size of the Phosphine Gas (Ph3) market. After the determination of the overall market size, the market is divided into various segments and sub-segments. Moreover, these same approaches mentioned above were used to derive and estimate market numbers for mentioned segments/sub-segments in the market. During the data triangulation process, the data was analyzed by employing various data models and statistical techniques to arrive at exact statistics and market size for each segment/sub-segment of the market.  The data is analyzed and triangulated by considering all the key market impacting factors from both supply and demand side of Phosphine Gas (Ph3) market. 

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.