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India to Record the Highest Growth Rate in the Tetrakis(Hydroxymethyl)Phosphonium Sulfate (THPS) Market

The growth of the oil & gas and textile industries is driving the THPS market as the demand and frequency of use have increased. With a large number of plants using THPS as an anti-microbial agent, the requirement for the chemical is expected to rise in the near future.<br>https://www.prnewswire.com/news-releases/tetrakishydroxymethylphosphonium-sulfate-market-worth-279-million-by-2025---exclusive-market-report-by-mm-300906780.html

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India to Record the Highest Growth Rate in the Tetrakis(Hydroxymethyl)Phosphonium Sulfate (THPS) Market

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  1. MarketsandMarkets Presents India to Record the Highest Growth Rate in the Tetrakis(Hydroxymethyl)PhosphoniumSulfate (THPS) Market 

  2. Introduction The report "Tetrakis(Hydroxymethyl)PhosphoniumSulfate Market by Application (Oil & Gas, Water Treatment, Leather, Textile), by Function (Biocide, Iron Sulfide Scavenger, Flame Retardant, Tanning Agent) and Region - Global Forecast 2025" The global tetrakis(hydroxymethyl)phosphoniumsulfate market, in terms of value, is estimated to account for nearly USD 202 million in 2019 and projected to grow at a CAGR of 5.5%, to reach approximately USD 279 million by 2025. The growth of the oil & gas, leather, water treatment, and textile industries are driving the THPS market growth as the demand and frequency of use have increased.   As Asia Pacific is the largest as well as the most populated continent, the consumption of THPS, especially in terms of flame retardants and microbiocides, is high in the region. China, India, Australia, and Japan are the key markets for THPS in the region. China is the largest market in Asia Pacific and one of the leading countries in terms of production as well as consumption of flame retardants. The growing industrial activity in the textile industry has resulted in the rising demand for flame retardant chemicals such as THPS. Due to these factors, the market in the Asia Pacific region is projected to record the highest growth from 2019 to 2025. Request for Customization @ https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=64575638

  3. Market Players • Arkema S.A. (France) • DowDuPont(US) • Solvay (Belgium) • Sigma-Aldrich (Merck KGaA) (Germany) • Hubei Xingfa Chemicals Group Co., Ltd (China) • Changshu New-Tech Chemicals Co., Ltd. (China) • Jiangxi Fuerxin Medicine Chemical Co., Ltd. (China) • Jiangsu Kangxiang Industrial Group Co., Ltd. (China)

  4. Scope of the report Based on function, the market has been segmented as follows: • Biocide • Iron sulfide scavenger • Flame retardant • Tanning agent Based on application, the market has been segmented as follows: • Oil & gas • Water treatment • Textile • Leather • Others* (paper & paperboard manufacturing; paints, coatings, and emulsion; agriculture; and aquaculture)

  5. Based on the region, the market has been segmented as follows: • North America • Europe • Asia Pacific • Rest of World (RoW)* • *Rest of the World (RoW) includes South America and the Middle East & Africa Recent Developments: In October 2018, Dow Microbial Control, (changed to DuPont Microbial Control) a business unit of DowDuPont Specialty Products, launched two new products within its AQUCAR Water Treatment Microbiocides portfolio, namely, AQUCAR TN 250 LT Water Treatment Microbiocide and AQUCAR 7140 LT Water Treatment Microbiocide. 

  6. Contact Us Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com

  7. About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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