The market status of China's phosphorus-based flame retardant industry.
The market status of China's phosphorus-based flame retardant industry can be evaluated from the aspects of market size, raw material consumption, product structure, enterprise structure, and application fields.
From the perspective of market size, with the continuous development of the domestic economy, the market size of China's phosphorus-based flame retardant industry is also growing, and the market size reached 87 in 20184.5 billion yuan, which is expected to reach 116 by 20234.7 billion yuan, with a growth rate of about 514%。
From the perspective of raw material consumption, the raw material consumption of China's phosphorus flame retardant industry is dominated by phosphoric acid and ammonium phosphate, of which the consumption of phosphoric acid accounts for 88% and the consumption of ammonium phosphate accounts for 12%.
From the perspective of product structure, the products of China's phosphorus flame retardant industry are mainly sodium phosphate, trisodium phosphate and disodium phosphate, of which sodium phosphate accounts for the largest proportion, reaching 70%, while trisodium phosphate and disodium phosphate account for 25% and 5% respectively.
From the perspective of enterprise structure, China's phosphorus-based flame retardant industry is dominated by large enterprises, and large enterprises such as Juxin Chemical, Hangzhou Polymer, Ningbo Zhengrong Chemical, Ningbo Hanyang Chemical, and Zhejiang Xincheng Chemical account for the baseMarket Research ** NetworkReleased2023-2029 China Phosphorus Flame Retardant Industry Market Supply and Demand Situation and Investment Scale** Reportanalysis, which has a greater impact on the market.
From the perspective of application fields, China's phosphorus-based flame retardant industry is mainly used in rubber products, building materials, plastics, wires and cables and other fields.
Competitive landscape. The competitive landscape of China's phosphorus-based flame retardant industry is dominated by centralized competition. Due to the relatively low product quality of China's phosphorus flame retardant industry, and the technical content of production process and raw material ratio is low, the competition pattern is dominated by centralized competition, and concentrated competitive enterprises occupy a larger share of the industry.
In terms of competition pattern, China's phosphorus-based flame retardant industry has many forms of competition, brand competition, and technology competition. **Competition is the most important form of competition, and enterprises compete with low-price strategies to gain more market share;Brand competition is to win the trust of consumers with brand advantages, so as to achieve the purpose of priority consumption;Technological competition is the enterprise to win the market competitive advantage with innovative technological advantages.
According to the growing market size of China's phosphorus flame retardant industry, the consumption of raw materials is dominated by phosphoric acid and ammonium phosphate, the product structure is dominated by sodium phosphate, trisodium phosphate and disodium phosphate, and the enterprise structure is dominated by large enterprises, and the application fields involve rubber products, building materials, plastics, wires and cables and other fields.