The global demand for Aluminum Phosphide Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
Aluminum phosphide is a dark yellow or dark grey crystalline inorganic phosphide. AlP is used as an insecticide, cereal grain fumigant, and flare igniting agent. It is primarily accustomed by professionals such as farmers, pest controllers, watchkeepers, and property managers. It is used as a rodenticide to kill small moles and rodents. AlP is a common fumigant rodenticide, which is available in powder, pellet, and tablet forms. Aluminum Phosphide pellets are mixed with for consumption by the rodents as an oral rodenticide. Stomach acid reacts with phosphide and generates toxic flammable, colorless phosphine gas. Furthermore, it is highly reactive with water, and in the presence of moisture, it produces phosphine gas. Aluminum Phosphide is also used in the manufacturing of semiconductors devices like LEDs.
Market Dynamics
The rise in food crop production is directly proportional to the requirement of Aluminium phosphide as a fumigant in crop protection. The demand for aluminum phosphide has increased in the food and beverage industries because it is a better phosphine source than other phosphides. For better storage and safety of yield, pesticides and rodenticides are desirable. Also, due to the rapid growth of the electrical and electronic industry, demand for aluminum phosphide as a semiconductor has significantly increased in the global market. However, the toxic nature and non-availability of effective antidote have been why it has a high fatality rate. It is poisonous for humans and hazardous to the environment. And that can become the reason for hampered market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of aluminum phosphide. The growth and trends of aluminum phosphide industry provide a holistic approach to this study.
Market Segmentation
This section of the aluminum phosphide market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Application
- Herbicides
- Pesticides
- Rodenticides
- Semiconductor
- Others
By Form
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Aluminum Phosphide market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Aluminum Phosphide Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the aluminum phosphide market include Detia Degesch GmbH, BASF SE, Bayer AG, Syngenta AG, Agrosynth Chemicals, Royal Agro Organic, Sandhya Group, Jiangsu Shuangling Chemical Group Co., Ltd, Shenyang Harvest Agrochemical Co., Ltd., Shandong Shengpeng Technology Co., Ltd., Anhui Shengli Pesticide & Chemistry Co.,Ltd. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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