Phosphine Gas Market: Overview
Phosphineis a colorless, odorless, and toxic gas with chemical formula PH3. It is slightlysoluble in water; however, it dissolves in natural solvents such as mineralspirit and acetone. Under normal conditions, it is non-ignitable gas; however,when heated, it burst into flames, forming phosphoric acid.
Phosphinegas is made by the reaction of white phosphorus with sodium or potassiumhydroxide. The reaction produces sodium hypophosphite or potassium as a by-product.Another way of obtaining phosphine gas is by acid catalyzed disproportioning ofwhite phosphorus, which produces phosphoric acid and phosphine. Both thesemethods have industrial significance; however, the acid route is a preferredmethod.
Advancementsin nano-material science and increase in use of technologies such as chemicalvapor deposition and physical vapor deposition are anticipated to createlucrative opportunities thus, propelling the phosphine gas market. Moreover,growth in the consumer electronics industry and rise in demand for mobilephones, laptops, LED televisions, and printers, among others are fueling the phosphinegas market.
Phosphine Gas Market: Key Segments
Based onapplication, the global phosphine gas market can be segmented into fumigation,semiconductor, and others (includes intermediates used in flame retardants).Phosphine gas is used in the semiconductor industry as dopant in chips and inmaking LEDs. In LEDs, phosphine gas is used to impart red and yellow color. Enhancedfeatures such as energy efficiency, environment friendly, low operational cost,and durability have encouraged marketers and advertisers to use LED displaysfor outdoor promotional campaigns and advertisement. Furthermore, rise in thenumber of live concerts, sport competitions, and corporate exhibitions arefueling the semiconductor segment. Phosphine gas is used as fumigants, which are used inhomes to control the infestation of bugs, rats and rabbit. PH3 has strong odor andcan be smelt by human; however, rodents and other bugs and insects cannot.
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Phosphine Gas Market: Regional Outlook
In termsof geography, the global phosphine gas market can be divided into Asia Pacific,Europe, North America, Middle East & Africa, and Latin America. AsiaPacific is anticipated to constitute a major share of the global phosphine gasmarket during the forecast period. The phosphine gas market in the region islikely to expand at a rapid pace due to surge in the number of consumers anddecrease in price of electronic gadgets worldwide. Moreover, spending power ofthe people across the world is increasing due to the rise in their per capitaincome. The U. S, Europe, are engaged in research & development activitiesof new products and launching them in developing nations, as these being theirpotential market for business.
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Phosphine Gas Market: Key Players
Prominentplayers operating in the global phosphine gas market include CYTEC SOLVAYGROUP, Praxair, Inc, Air Products and Chemicals, Inc., BASF SE, and The LindeGroup. These companies engage in research & development activities,strategic alliances, and mergers & acquisitions to gain market share.
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