Global Tetrakis (Hydroxymethyl) Phosphonium Sulfate Market is expected to reach $337.53 million 2027 growing at a CAGR 6.5% during 2018 to 2027.

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Some of the key players in Global Tetrakis (Hydroxymethyl) Phosphonium Sulfate market include Arkema S.A., Changshu New-Tech Chemicals Co., Ltd, Compass Chemical, Dowdupont, Finoric LLC, Hubei Lianxing Chemical Co., Ltd, Hubei Xingfa Chemicals Group Co., Ltd, and Solvay.

Gaithersburg, Maryland, United States – March 3, 2020 /MarketersMedia/

While the factors rising growth of end user segment such as oil & gas and is fuelling the growth of the market. However, high cost of raw materials is likely to hamper the profit boundaries of the market.

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Tetrakis (hydroxymethyl) phosphonium sulfate (THPS) is a sort of new ecological pesticide with high viability, low lethality and low basic. Mainly utilized in water treatment systems, oil field operations and paper-production industry. T he advantage is it will soon degrade to a nontoxic substance following use. Also it can be applied to texture covering as fire resistant, clearly improving flame retarding property.

Based on application, oil & gas segment is going to have a lucrative growth during the forecast period owing to the high-temperatures and prolongs downhole protection in oilfields which is resulted in growing oil production due to the dissolution of iron sulfide.

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By geography, North America is likely to have a huge demand due to high growth in emerging countries such as US, Canada & Mexico. US country has a huge demand in industrial water processes, growing manufacturing industries and rise in investments in the oil & gas industry in Mexico.

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Functions Covered:
• Tanning Agent
• Iron Sulfide Scavenger
• Flame Retardant
• Biocide

Applications Covered:
• Water Treatment
• Textile
• Paper & Paperboard Manufacturing
• Paints
• Oil & Gas
• Leather
• Coatings and Emulsion
• Aquaculture
• Agriculture

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

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Source URL: https://marketersmedia.com/global-tetrakis-hydroxymethyl-phosphonium-sulfate-market-is-expected-to-reach-33753-million-2027-growing-at-a-cagr-65-during-2018-to-2027/88948646

Source: MarketersMedia

Release ID: 88948646

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