Phosphine Gas Market Size, Share & Industry Analysis, By Grade (Electronic , Technical , Industrial, Others), By Application (Organophosphorus chemistry, Microelectronics, Fumigant, Semiconductor, Others) And Regional Forecast, 2024-2032
KEY INDUSTRY INSIGHTS
Phosphine is a colorless gas with odour similar to rotten fish, it has a chemical formula of PH3. It is easily soluble in natural solvents including acetone and mineral spirit, but slightly soluble in water. It is produced when white phosphorus reacts with potassium or sodium hydroxide. Additionally, when the phosphine gas released to the atmosphere, it becomes phosphoric acid owing to the ways of sunlight, but do not show adverse effects on the ecosystem. It is considered as an ideal gas, owing to its ability to controls all insectile stages including the most resistant ones. Also, once ventilated, it spreads quickly throughout the grainy mass and does not leave any toxic residue in the treated goods. The phosphine gas finds its use in organophosphorus chemistry, microelectronics, fumigant, and semiconductor applications.
The rising consumption of phosphine gas in the semiconductor and chemical industry will drive market growth. The product is used as an n-type dopant in the diffusion of silicon and epitaxial deposition. It is also utilized for the epitaxial growth of GalnAsP and InP for the manufacturing of semiconductors. Whereas, in the chemical industry, the product is used for the preparation of flame-retarding compounds. The advancement in technology coupled with innovation in the chemicals will boost the consumption of the product. Hence, the rising demand will fuel phosphine gas market growth during the forecast timeline.
However, the inhalation of phosphine gas can cause circulatory functions, compromises heart (cardiac), and respiratory irritation. This restricts its adoption in various applications and is anticipated to restrain the market growth.
Key Market Driver -
The rising demand for phosphine gas in the semiconductor and chemical industry to drive the market growth.
Key Market Restraint -
The hazardous impacts of phosphine gas to restrict the market growth
Market Segmentation:
Based on grade, the phosphine gas market is segmented into electronic, technical, industrial, and others. Based on application, the market is segmented into organophosphorus chemistry, microelectronics, fumigant, semiconductor, and others. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Key Players Covered:
The key players in the phosphine gas market include CYTEC SOLVAY GROUP, Praxair Inc, Air Products and Chemicals, Inc., BASF SE, The Linde Group, Industrial Scientific, ATCO Atmospheric And Speciality Gases Private Limited, FUGRAN, Nippon Chemical Industrial CO., LTD., and Gas Detector Tubes.
Key Insights
- Key Emerging Trends – For Major Countries
- Key Developments: Mergers, Acquisition, Partnership, etc.
- Latest Technological Advancement
- Insights on Regulatory Scenarios
- Porters Five Forces Analysis
Regional Analysis:
Asia Pacific is the leading contributor to the phosphine gas market. The product demand is attributed to increasing its demand in the chemical Industry, in which China, India, and Japan are the leading countries. The rising use of technical grade phosphine gas in the fumigant application will contribute to fuel the market growth in Europe. The high use of the electronic grade phosphine gas in the microelectronics will propel sustainable market growth in North America. The Middle East & Africa is anticipated to witness significant growth, owing to the adoption of the product in the semiconductor application.
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Segmentation
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- Ongoing
- 2023
- 2019-2022
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