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Sodium Hypophosphite Market by Function (Reducing Agents, Catalysts & Stabilizers, Chemical Intermediates), Application (Electroplating, Water Treatment, Chemicals & Pharmaceuticals), Grade (Electrical, Industrial), and Region - Global Forecast to 2025

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Date: 22-Aug-2019
No. of pages: 131
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“The sodium hypophosphite market is projected to grow at a CAGR of 5.0%, in terms of value.”

The global sodium hypophosphite market is estimated to be valued at USD 664 million in 2019 and is likely to reach USD 890 million by 2025, growing at a CAGR of 5.0% during the forecast period. The Asia Pacific region, backed by the development of its electronics and automotive industry, holds high growth prospects for sodium hypophosphite manufacturers in the years to come.

Sodium hypophosphite is the widely used chemical for electroplating application. The automotive and electronics industries utilize the electroless nickel plating application. Countries such as China, Vietnam, Japan, South Korea, Taiwan, and Thailand are expected to be major revenue generators.

“The reducing agent segment in sodium hypophosphite market is estimated to account for the largest share in 2019.”

Based on function, the reducing agent segment is estimated to account for the largest share in the sodium hypophosphite market in 2019. Industrialization has led to an increase in the discharge of waste in water bodies. Sodium hypophosphite acts as a reducing agent and removes metals from industrial waste before being discharged into water bodies. Apart from this, it holds lucrative opportunities in the coming years for its electroless knuckle plating application where it acts as a reducing agent.

“The electrical grade segment in the sodium hypophosphite market is estimated to account for the largest share in 2019.”

Based on grade, the electrical grade segment is estimated to account for the largest share in the sodium hypophosphite in 2019. The electrical grade of sodium hypophosphite involves the application of electroplating. The electrical grade sodium hypophosphite finds use in the electronics and automotive industries. These industries are developing at a high pace in the Asia Pacific countries, especially countries such as China and India.

“The electroplating segment in the sodium hypophosphite market is estimated to account for the largest share in 2019.”

The automotive and electronics industries utilize the electroless nickel plating application. The corrosion resistance property of electroless nickel plating makes it an ideal choice for both the industries. The Asia Pacific region, a hub of export of electronic products, has high growth prospects for sodium hypophosphite manufacturers in the coming years. Key revenue generating countries in the region include China, among the largest producer of electronics at a global level, Vietnam, Japan, South Korea, Taiwan, and Thailand, the hub of production of hard drives, semiconductor, and integrated circuits

“The Asia Pacific sodium hypophosphite market is projected to witness significant growth.”

The Asia Pacific sodium hypophosphite market is projected to account for the largest share by 2025. Countries such as China, India, Japan, and South Korea are expected to be key revenue generators. The booming automotive and electronics industries hold high growth prospects for sodium hypophosphite manufacturers in the coming years in the region. China, a global hub of electronic products, further adds to its demand. The country dominates the export market for sodium hypophosphite owing to the presence of a large number of phosphorus reserves. The region is a key market for sodium hypophosphite due to the development of the industrial sector across all the countries in the region.

Break-up of Primaries:


  • By Company Type: Tier 1 – 20%, Tier 2 – 40%,and Tier 3 – 40%

  • By Designation: C-level – 30%, Director-level – 20%, and Others*– 50%

  • By Region: Asia Pacific – 10%,Europe- 20%, North America – 60%, and RoW**–10%,


*Others include sales managers, marketing managers, and product managers.

**RoW includes South America and the Middle East & Africa.

Leading players profiled in this report:

This report includes a study of marketing and development strategies along with the product portfolios of the leading companies in the sodium hypophosphite market. It consists of the profiles of leading companies such as Arkema (France), Solvay S.A. (Belgium), Nippon Chemical Industrial Co., Ltd. (Japan), Sigma-Aldrich (US), 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), Hubei Lianxing Chemical Co., Ltd. (China), Jiangsu Danai Chemical Co., Ltd. (China), Hubei Sky Lake Chemical Co., Ltd. (China), and Huang gang Quanwang Chemical Co., Ltd. (China).

Research Coverage:

The report segments the sodium hypophosphite meat market based on grade, function, application, and region. In terms of insights, this report has focused on various levels of analyses—competitive landscape,end-use analysis, and company profiles—which together comprise and discuss views on the emerging & high-growth segments of the global sodium hypophosphite high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges.

Reasons to buy this report:


  • To get a comprehensive overview of the sodium hypophosphite market.

  • To gain wide-ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them.

  • To gain insights about the major countries/regions, in which the sodium hypophosphite market is gaining popularity.

Sodium Hypophosphite Market by Function (Reducing Agents, Catalysts & Stabilizers, Chemical Intermediates), Application (Electroplating, Water Treatment, Chemicals & Pharmaceuticals), Grade (Electrical, Industrial), and Region - Global Forecast to 2025

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.2.1 Markets Covered
1.2.2 Geographic Segmentation
1.3 Periodization Considered
1.4 Currency Considered
1.5 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Breakdown of Primary Interviews
2.1.3 Market Size Estimation
2.2 Market Breakdown and Data Triangulation
2.3 Research Assumptions & Limitations
2.3.1 Assumptions
2.3.2 Limitations

3 Executive Summary

4 Premium Insights
4.1 Opportunities in this Market
4.2 Sodium Hypophosphite Market: Key Countries
4.3 Market, By Function and Region
4.4 Market, By Application & Region
4.5 Asia Pacific: Sodium Hypophosphite Market, By Function & Country
4.6 Sodium Hypophosphite Market, By Grade

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Expansion of the Electronics and Automotive Sectors in the Asia Pacific Region
5.2.1.2 Rise in Demand for Water Treatment in Industrial Applications
5.2.2 Restraints
5.2.2.1 Rise in the Price of Phosphorous Rocks Owing to Scarcity in Supply
5.2.3 Opportunities
5.2.3.1 Food Industry: Key Revenue Generator in the Coming Years
5.2.4 Challenges
5.2.4.1 Availability of Alternatives in the Market
5.3 Supply Chain Analysis

6 Sodium Hypophosphite Market, By Function
6.1 Introduction
6.2 Reducing Agents
6.2.1 Rise in Chemical Nickel-Plating and Surface Plating
6.3 Catalysts & Stabilizers
6.3.1 Rise in Investment in Pharmaceutical Applications That Incorporate Sodium Hypophosphite
6.4 Chemical Intermediates
6.4.1 Sodium Hypophosphite is Used as A Raw Material to Produce Other Chemicals
6.5 Others
6.5.1 Government Initiatives Toward the Usage of Sodium Hypophosphite in the Food Industry

7 Sodium Hypophosphite Market, By Grade
7.1 Introduction
7.2 Electrical
7.2.1 Expansion of the Automotive and Electronics Industries in the Asia Pacific Region to Boost Sales of Sodium Hypophosphite
7.3 Industrial
7.3.1 Multifunctionality of Sodium Hypophosphite Across Various Industries Expected to Boost Its Sales
7.4 Others
7.4.1 Food Industry Expected to Be the Key Revenue Generator in the Coming Years

8 Sodium Hypophosphite Market, By Application
8.1 Introduction
8.2 Electroplating
8.2.1 Rise in Demand for Nickel Plating and Surface Plating in End-Use Industries
8.3 Water Treatment
8.3.1 Growth in Awareness for Waste-Water Recycling for Industrial Purpose
8.4 Chemicals & Pharmaceuticals
8.4.1 Increase in Investment and R&D on Environment-Friendly and Durable Pharma Products
8.5 Others
8.5.1 Increase in Government Initiatives to Encourage the Adoption of Shp in Convenience Foods

9 Sodium Hypophosphite Market, By Region
9.1 Introduction
9.2 North America
9.2.1 US
9.2.1.1 High Demand for Corrosion-Resistant Products and Growth in Manufacturing and Construction Industries Drive the Market in the US
9.2.2 Canada
9.2.2.1 Highly Diversified Electronics Industry Drives the Market
9.2.3 Mexico
9.2.3.1 Increase in Investment in the Construction Industry
9.3 Asia Pacific
9.3.1 China
9.3.1.1 Science and Technology Development Contribute to the Growth of Industries
9.3.2 Japan
9.3.2.1 R&D Activities for Various Phosphorus-Based Chemicals
9.3.3 India
9.3.3.1 Improved Infrastructure and Government Initiatives Such as “Make in India” to Contribute to the Market Growth
9.3.4 South Korea
9.3.4.1 The Growing Electronics and Automotive Industries in South Korea to Drive Demand for Sodium Hypophosphite
9.3.5 Rest of Asia Pacific
9.4 Europe
9.4.1 Germany
9.4.1.1 Booming Automotive and Electronics Industries in the Country to Boost Sales of Sodium Hypophosphite
9.4.2 France
9.4.2.1 Demand From the Plastic Industry Holds A Lucrative Opportunity
9.4.3 Italy
9.4.3.1 Demand From the Automotive Industry is Expected to Drive the Sodium Hypophosphite Market
9.4.4 Spain
9.4.4.1 The Construction Sector is Expected to Offer A Lucrative Opportunity in the Coming Years
9.4.5 Poland
9.4.5.1 Strong GDP Performance Boosting the Industrial Sector
9.4.6 Rest of Europe
9.4.6.1 Demand From the Plastic Industry Holds A Lucrative Opportunity
9.5 RoW
9.5.1 South America
9.5.1.1 Brazil: the Key Revenue Pocket in the Region
9.5.2 Middle East & Africa
9.5.2.1 Development of the Automotive, Electrical & Electronics, and Manufacturing Industries Expected to Create A Lucrative Opportunity

10 Competitive Landscape
10.1 Competitive Leadership Mapping (Overall Market)
10.1.1 Terminology/Nomenclature
10.1.1.1 Visionary Leaders
10.1.1.2 Innovators
10.1.1.3 Dynamic Differentiators
10.1.1.4 Emerging Companies
10.2 Ranking of Key Players, 2018

11 Company Profiles
11.1 Arkema
11.2 Solvay
11.3 Nippon Chemical Industrial Co., Ltd
11.4 Sigma-Aldrich
11.5 Hubei Xingfa Chemicals Group Co., Ltd.
11.6 Changshu New-Tech Chemicals Co., Ltd.
11.7 Jiangxi Fuerxin Medicine Chemical Co., Ltd.
11.8 Jiangsu Kangxiang Industrial Group Co., Ltd.
11.9 Hubei Lianxing Chemical Co., Ltd.
11.10 Jiangsu Dan AI Chemical Co., Ltd.
11.11 Hubei Sky Lake Chemical Co., Ltd.
11.12 Huanggang Quanwang Chemical Co., Ltd.

12 Appendix
12.1 Discussion Guide
12.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
12.3 Available Customizations
12.4 Related Reports
12.5 Author Details

List of Tables

Table 1 USD Exchange Rate, 2014–2018
Table 2 Sodium Hypophosphite Market Snapshot, 2019 vs 2025
Table 3 Sodium Hypophosphite Market Size, By Function, 2017–2025 (USD Million)
Table 4 Market Size, By Function, 2017–2025 (KT)
Table 5 Reducing Agents Market Size, By Region, 2017–2025 (USD Million)
Table 6 Reducing Agents Market Size, By Region, 2017–2025 (KT)
Table 7 Catalyst & Stabilizers Market Size, By Region, 2017–2025 (USD Thousand)
Table 8 Catalyst & Stabilizers Market Size, By Region, 2017–2025 (KT)
Table 9 Chemical Intermediates Market Size, By Region, 2017–2025 (USD Thousand)
Table 10 Chemical Intermediates Market Size, By Region, 2017–2025 (Ton)
Table 11 Others Market Size, By Region, 2017–2025 (USD Thousand)
Table 12 Others Market Size, By Region, 2017–2025 (Ton)
Table 13 Sodium Hypophosphite Market Size, By Grade, 2017–2025 (USD Million)
Table 14 Market Size, By Grade, 2017–2025 (KT)
Table 15 Electrical: Market Size for Sodium Hypophosphite, By Region, 2017–2025 (USD Million)
Table 16 Electrical: Market Size, By Region, 2017–2025 (KT)
Table 17 Industrial: Sodium Hypophosphite Market Size, By Region, 2017–2025 (USD Million)
Table 18 Industrial: Market Size, By Region, 2017–2025 (KT)
Table 19 Others: Market Size for Sodium Hypophosphite, By Region, 2017–2025 (USD Million)
Table 20 Others: Market Size, By Region, 2017–2025 (KT)
Table 21 Sodium Hypophosphite Market Size, By Application, 2017–2025 (USD Million)
Table 22 Market Size, By Application, 2017–2025 (KT)
Table 23 Sodium Hypophosphite Market Size in Electroplating, By Region, 2017–2025 (USD Million)
Table 24 Market Size in Electroplating, By Region, 2017–2025 (KT)
Table 25 Sodium Hypophosphite Market Size in Water Treatment, By Region, 2017–2025 (USD Thousand)
Table 26 Market Size in Water Treatment, By Region, 2017–2025 (KT)
Table 27 Sodium Hypophosphite Market Size in Chemicals & Pharmaceuticals, By Region, 2017–2025 (USD Thousand)
Table 28 Sodium Hypophosphite Market Size in Chemicals & Pharmaceuticals, By Region, 2017–2025 (Ton)
Table 29 Sodium Hypophosphite Market Size in Other Applications, By Region, 2017–2025 (USD Thousand)
Table 30 Market Size in Other Applications, By Region, 2017–2025 (Ton)
Table 31 Sodium Hypophosphite Market Size, By Region, 2017–2025 (USD Million)
Table 32 Market Size, By Region, 2017–2025 (KT)
Table 33 North America: Market Size for Sodium Hypophosphite, By Country, 2017–2025 (USD Million)
Table 34 North America: Market Size, By Country, 2017–2025 (KT)
Table 35 North America: Market Size, By Function, 2017–2025 (USD Million)
Table 36 North America: Market Size, By Function, 2017–2025 (KT)
Table 37 North America: Market Size, By Application, 2017–2025 (USD Million)
Table 38 North America: Market Size, By Application, 2017–2025 (KT)
Table 39 North America: Market Size, By Grade, 2017–2025 (USD Million)
Table 40 North America: Market Size, By Grade, 2017–2025 (Ton)
Table 41 US: Market Size for Sodium Hypophosphite, By Application, 2017–2025 (USD Million)
Table 42 Canada: Sodium Hypophosphite Market Size, By Application, 2017–2025 (USD Thousand)
Table 43 Mexico: Market Size for Sodium Hypophosphite, By Application, 2017–2025 (USD Thousand)
Table 44 Asia Pacific: Sodium Hypophosphite Market Size, By Country, 2017–2025 (USD Million)
Table 45 Asia Pacific: Market Size, By Country, 2017–2025 (KT)
Table 46 Asia Pacific: Market Size, By Function, 2017–2025 (USD Thousand)
Table 47 Asia Pacific: Market Size, By Function, 2017–2025 (KT)
Table 48 Asia Pacific: Market Size, By Application, 2017–2025 (USD Million)
Table 49 Asia Pacific: Market Size, By Application, 2017–2025 (KT)
Table 50 Asia Pacific: Market Size, By Grade, 2017–2025 (USD Million)
Table 51 Asia Pacific: Market Size, By Grade, 2017–2025 (KT)
Table 52 China: Sodium Hypophosphite Market Size, By Application, 2017–2025 (USD Million)
Table 53 Japan: Market Size, By Application, 2017–2025 (USD Thousand)
Table 54 India: Market Size, By Application, 2017–2025 (USD Million)
Table 55 South Korea: Market Size for Sodium Hypophosphite, By Application, 2017–2025 (USD Million)
Table 56 Rest of Asia Pacific: Market Size for Sodium Hypophosphite, By Application, 2017–2025 (USD Million)
Table 57 Europe: Sodium Hypophosphite Market Size, By Country, 2017-2025 (USD Million)
Table 58 Europe: Market Size, By Country, 2017–2025 (KT)
Table 59 Europe: Market Size, By Function, 2017–2025 (USD Thousand)
Table 60 Europe: Market Size, By Function, 2017–2025 (Ton)
Table 61 Europe: Market Size, By Application, 2017–2025 (USD Thousand)
Table 62 Europe: Market Size, By Application, 2017–2025 (Ton)
Table 63 Europe: Market Size, By Grade, 2017–2025 (USD Million)
Table 64 Europe: Market Size, By Grade, 2017–2025 (Ton)
Table 65 Germany: Sodium Hypophosphite Market Size, By Application, 2017–2025 (USD Thousand)
Table 66 France: Market Size for Sodium Hypophosphite, By Application, 2017–2025 (USD Thousand)
Table 67 Italy: Market Size for Sodium Hypophosphite, By Application, 2017–2025 (USD Thousand)
Table 68 Spain: Sodium Hypophosphite Market Size, By Application, 2017–2025 (USD Thousand)
Table 69 Poland: Market Size for Sodium Hypophosphite, By Application, 2017–2025 (USD Thousand)
Table 70 Rest of Europe: Sodium Hypophosphite Market Size, By Application, 2017–2025 (USD Thousand)
Table 71 RoW: Sodium Hypophosphite Market Size, By Region, 2017–2025 (USD Million)
Table 72 RoW: Market Size, By Region, 2017–2025 (KT)
Table 73 RoW: Market Size, By Function, 2017–2025 (USD Thousand)
Table 74 RoW: Market Size, By Function, 2017–2025 (Ton)
Table 75 RoW: Market Size, By Application, 2017–2025 (USD Thousand)
Table 76 RoW: Market Size, By Application, 2017–2025 (Ton)
Table 77 RoW: Market Size, By Grade, 2017–2025 (USD Thousand)
Table 78 RoW: Market Size, By Grade, 2017–2025 (Ton)
Table 79 South America: Market Size for Sodium Hypophosphite, By Application, 2017–2025 (Ton)
Table 80 Middle East & Africa: Market Size for Sodium Hypophosphite, By Application, 2017–2025 (Ton)

List of Figures

Figure 1 Market Snapshot
Figure 2 Sodium Hypophosphite Market, By Region
Figure 3 Market: Research Design
Figure 4 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 Market Breakdown and Data Triangulation
Figure 8 Sodium Hypophosphite Market Size, By Function, 2019 vs 2025 (USD Million)
Figure 9 Market Size, By Application, 2019 vs 2025 (USD Million)
Figure 10 Market Size, By Grade, 2019 vs 2025 (USD Million)
Figure 11 Market Share & Growth (Value), By Region, 2018
Figure 12 Rise in Application of Sodium Hypophosphite as A Reducing Agent and Antioxidant in Metal, Plastic, and Fiber Products Across Various End-Use Industries to Drive the Market
Figure 13 US and China Projected to Dominate this Market Between 2019 & 2025
Figure 14 Asia Pacific Dominated the Reducing Agents Segment in the Sodium Hypophosphite Market, By Function, in 2018
Figure 15 Electroplating Segment to Dominate this Market, By Application, Throughout 2025
Figure 16 China Accounted for the Largest Share in 2018
Figure 17 Electrical Segment to Account for the Largest Share in this Market Throughout 2025
Figure 18 Sodium Hypophosphite Market: Drivers, Restraints, Opportunities, and Challenges
Figure 19 China: Yellow Phosphorous Production, 2013-2018
Figure 20 Sodium Hypophosphite Market: Supply Chain Analysis
Figure 21 Market Size, By Function, 2019 vs 2025 (USD Million)
Figure 22 Market Size, By Grade, 2019–2025 (USD Million)
Figure 23 Market Size, By Application, 2019 vs 2025 (USD Million)
Figure 24 Market, By Key Country, 2019-2025
Figure 25 Market, By Region, 2019 vs 2025 (USD Million)
Figure 26 North America: Regional Snapshot
Figure 27 Asia Pacific: Sodium Hypophosphite Market,2018
Figure 28 Europe: Sodium Hypophosphite Market Snapshot
Figure 29 Global Sodium Hypophisphite Market: Competitive Leadership Mapping, 2018
Figure 30 Arkema Led the Sodium Hypophisphite Market in 2018
Figure 31 Arkema: Company Snapshot
Figure 32 Solvay: Company Snapshot
Figure 33 Nippon Chemical Industrial Co., Ltd.: Company Snapshot
Figure 34 Sigma-Aldrich: Company Snapshot

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