Global Phosphorus PentasulfideMarket Overview
According to Global Market Monitor, the global phosphorus pentasulfide market size is $501.24 million in 2024 and is expected to grow to $515.67 million by 2029.
Lubricating Oil Additive is the Largest Application Market
The rapid development of the global economy has promoted the development of the manufacturing industry. Manufacturing usually requires the use of a large number of mechanical equipment, and this mechanical equipment usually need lubricating oil to ensure its normal operation. In addition, cars, aircraft, ships and other vehicles also need lubricants, and the development of the global transportation industry has promoted the increase in the number of cars. Since phosphorus pentasulfide can be used as a lubricant additive, the increasing demand for phosphorus pentasulfide in the downstream industry has brought development opportunities for the industry. Lubricant additives are the largest downstream application market for phosphorus pentasulfide, with a market share of 60.37% in 2023.
Phosphorus pentasulfide is a greenish-yellow solid with a rotten egg odor. It is used in the production of safety matches, lube oil additives, and pesticides. The rapid development of the global economy has promoted the development of the manufacturing industry. The manufacturing industry usually needs to use a lot of machinery and equipment, and this machinery and equipment usually need lubricating oil to ensure their normal operation.
In addition, vehicles such as automobiles, airplanes, and boats also need lubricating oil, and the development of the global transportation industry has promoted the number of vehicles. As Phosphorus pentasulfide can be used as an additive to lubricating oil, the increasing demand of downstream industries for Phosphorus pentasulfide brings development opportunities to this industry.
Asia-Pacific Dominates the Market
The Asia-Pacific region occupies the main market, and the continuous development of emerging developing countries such as China and India in chemical industry, automobile, agriculture and other fields also brings opportunities for the development of phosphorus pentasulfide market. In recent years, the level of industrialization in emerging developing countries has developed rapidly, and it is inevitable that a large amount of mechanical equipment needs to be used, which will indirectly promote the development of phosphorus pentasulfide. Chemical research in emerging countries is also strengthening, which is conducive to the development of phosphorus pentasulfide industry.
Policy Restriction
Phosphorus pentasulfide reacts with water to produce phosphorus pentoxide, which will release toxic smoke, and its mixture in the air will cause explosion danger. Phosphorus pentasulfide is easy to catch fire due to friction and is also in contact with sparks. Phosphorus pentasulfide is dangerous to human contact, causing serious irritation to eyes and skin, and may cause long-term damage. Inhalation of Phosphorus pentasulfide can damage the nose and throat, while a large amount of exposure can cause people to suffer from olfactory loss (the condition that patients lose their sense of smell). Exposure to phosphorus pentasulfide has many other harmful effects, such as nausea, dizziness, sweating and weakness. Some studies have also shown that Phosphorus Pentasulfide may be a human carcinogen.
By Type |
Yellow Powder |
Flake Form |
|
The yellow powder segment holds the largest market share. |
|
By Application |
Lubricant Additives |
Mining Flotation Agents |
|
Pesticides |
|
Pharmaceuticals |
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The largest segment by application is the lubricant additives. |
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