White Phosphorus Market Size, Share and Industry Analysis Report, Regional Outlook, Application Development Potential, Competitive Market Share & Forecast, 2024 – 2032

White Phosphorus Market Size

White Phosphorous Market is set to record substantial expansion from 2024 to 2032 driven by the spiraling military-related investments. The increasing frequency of conflicts and confrontations has heightened the demand for arms and ammunition.
 

To address potential conflicts occurring in proximity to national borders or within a country, military and police forces require adequate ammunition, including items like smoke grenades. Moreover, the repercussions extend to the chemical industry, as white phosphorus is a key component in the production of phosphoric acid and other essential compounds. According to Universitat Autònoma de Barcelona, a global total of 108 socio-political crises were recorded in 2022. These incidents were primarily concentrated in Africa (36), Asia and the Pacific (33), the Americas (16), Europe (12), and the Middle East (11).
 

White Phosphorus Market Trends

The higher adoption of the product in chemical manufacturing and firecrackers is a notable trend in the market. Also, there is sure in demand for mortar and artillery shells to offer smokescreens for troop movement and to trace the path of bullets in military services. The incessant usage of high-quality incendiary and smoke agents in ammunition to cater to the increasing warfare requirements will shape the industry growth curve.
 

Further, white phosphorous is widely employed in fertilizers, food additives, as well as cleaning compounds. The focus on improving the agriculture produce, in consort with the consistent need to maintain cleanliness and sanitized environments is bolstering the product demand.
 

White Phosphorus Market Analysis

With regards to applications, the arms & ammunition sector is expected to emerge as a lucrative revenue pocket for the white phosphorous market over 2024-2032. This is mainly ascribing to the rising penetration of the product in hand grenades and smoke bombs. The product is utilized for destroying enemy equipment, including vehicles and storage tanks in war situations, due its ability of instant ignition. Furthermore, as white phosphorus burns fiercely and is capable of igniting various combustibles, it is excessively deployed in ammunitions.
 

Meanwhile, the pesticides & fertilizer application segment is poised to capture a significant market revenue share through 2032 on account of the rising demand for organic phosphorus pesticides. White phosphorous is increasingly utilized in insecticides in pastes which are made by grinding the yellow phosphorus owing to its toxicity. Growing concerns of chlorinated hydrocarbons and the higher obligation of insecticide in pest control will drive the market progression.
 

Asia Pacific white phosphorus market size is anticipated to expand significantly over the forecast period, attributed to the rising developments in the pharmaceutical sector and the higher production of pesticides & fertilizers in the region. According to the estimates of Fertiliser Association of India, the total fertilizer consumption was 29.8 million MT over 2021 and 2022, while total production stood at 18.58 million MT in the same period.
 

White Phosphorus Market Share

Some of the major white phosphorous industry participants include:

• Yunnan Phosphorus Group Company Limited
• Taj Pharmaceuticals Limited
• Viet Hong Chemical
• Trading Company Limited
• Changzhou Qishuyan Fine Chemical Company Ltd.
• Taraz
• Yunphos (Taixing) Chemical Company Limited
• Sichuan Chuantou Chemical Industry Group Company Ltd.
• 5-Continent Phosphorus Company Limited
• Prasol Chemicals Limited
• UPL Europe Limited
• Shymkent
   

Most of these firms are turning to prominent business strategies, that are inclusive of acquisitions, partnerships, capacity expansions, investments, and are largely bringing innovations to their offerings in order to expand their geographical presence while sustaining competition.
 

White Phosphorus Industry News

For instance, in January 2024, HSBC Global Research highlighted that UPL Ltd. aims to enhance its market standing, particularly in Latin America, through the proposed acquisition of Corteva Agriscience's Mancozeb fungicide business.

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