Food & Agriculture Trends

 The  Sodium Hypophosphite Market  is estimated at USD 664 million in 2019 and is projected to grow at a CAGR of 5.0% from 2019 to 2025, to reach USD 890 million by 2025. Increasing demand from various end-use industries such as automotive, aviation, electronics, and construction is expected to drive this market in the coming years. Download PDF Brochure In Asia Pacific, the rise in the number of vehicles in countries such as China, India, and Japan, holds high growth prospects for sodium hypophosphite manufacturers within the automotive industry in the coming years. In water treatment as well, sodium hypophosphite, acts as a reducing agent, to reduce the metal ion content in industrial waste before being discharged in water. Sodium hypophosphite finds its usage widely for electroplating application. The automotive and electronics industries utilize the electroless nickel plating application. The corrosion resistance property of electroless nickel plating makes it an i...

The sodium hypophosphite market is estimated to be valued at USD 664 million in 2019 and is projected to grow at a CAGR of 5.0% from 2019, to reach a value of USD 890 million by 2025. Increasing demand from various end-use industries such as automotive, aviation, electronics, and construction is expected to drive this market in the coming years. Massive transformation in the industrial sector has made Asia Pacific a high growth market for sodium hypophosphite manufacturers. The region consists of populated countries such as China and India that have witnessed development in the electronics and automotive industries where hypophosphite finds widespread applications.      Download PDF Brochure Sodium hypophosphite is used as a reducing agent, catalyst & stabilizer, and chemical intermediate. Sodium hypophosphite acts as a reducing agent for electroless nickel plating application, which finds its usage in the electronics and automotive industry. These industries are boo...