Chem Reports predicts that the Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Market, valued at USD XXXX units in 2024, is expected to reach USD XXXX units by 2035, expanding at a global CAGR of XX%.
The Global Sodium Hypophosphite Monohydrate Market Report 2024 presents an in-depth assessment of the market’s development factors, trends, flow patterns, and overall size evolution. The study analyzes historical and current market performance to generate dependable forecasts for the period 2026–2035.
The research approach integrates both primary data insights and extensive secondary data evaluation. It considers a wide range of industry-influencing factors, including regulatory policies, market conditions, competitive structure, historical trends, technological advancements, emerging innovations, and progress across related industries.
Since its outbreak in December 2019, COVID-19 significantly disrupted global industrial operations and supply chains. These effects have continued to influence the Sodium Hypophosphite Monohydrate market in 2024, causing fluctuations in raw material availability, delays in manufacturing, and uneven demand across key application sectors such as electronics, chemicals, and pharmaceuticals.
Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Market – Segment Analysis
· Used primarily in industrial and chemical applications where extremely high purity is not mandatory.
· Common in large-scale processes such as metal finishing, textile treatment, and laboratory usage.
· High-purity grade used in sensitive applications including pharmaceuticals, electronics, and high-spec chemical synthesis.
· Preferred when consistency, stability, and low impurity levels are critical.
· Widely used in laboratory analytical chemistry, reduction reactions, and synthesis experiments.
· Important for educational institutions, R&D centers, and chemical research laboratories.
· Applied in specific pharmaceutical manufacturing processes.
· Used as a reducing agent and component in specialty medical formulations.
· Major usage in electroless nickel plating, a key process in printed circuit boards (PCB), semiconductors, and metal finishing.
· Drives significant demand due to its ability to produce uniform, corrosion-resistant nickel coatings.
· Utilized as a reducing agent in chemical manufacturing and industrial reactions.
· Important for producing specialty intermediates, catalysts, and stabilizers.
· Includes applications in coatings, plastics modification, textile printing, and surface treatment.
· Also used in food processing equipment as a corrosion preventive (where allowed).
· Global leader in specialty chemicals and laboratory reagents.
· Offers high-purity Sodium Hypophosphite for pharmaceutical, research, and analytical use.
· Major supplier of specialty chemicals with strong expertise in reduction agents and plating chemicals.
· Well-integrated distribution network and strong presence in industrial applications.
· Known for laboratory chemicals, high-purity reagents, and specialty materials.
· Serves academic, industrial, and R&D segments with reliability and quality control.
· Key producer of hypophosphite and phosphite compounds.
· Strong specialization in electroless plating-grade Sodium Hypophosphite.
· Prominent Chinese manufacturer focusing on industrial-grade production.
· Competitive pricing and significant export capacity.
· Produces pharmaceutical-grade and industrial-grade Sodium Hypophosphite.
· Increasing international presence in specialty chemical markets.
· Supplier of plating chemicals and reducing agents.
· Strong ties to electronics manufacturing industries.
· Known for stable-quality chemical intermediates and plating agents.
· Manufactures industrial chemicals with a focus on reduction agents and metal surface treatment solutions.
· Emerging supplier with expanding capabilities in chemical and pharmaceutical materials.
· Provides specialty chemicals across industrial, research, and plating applications.
· Sodium Hypophosphite is a key reducing agent in EN plating, used extensively in electronics, automotive, aerospace, and machinery.
· Increased production of semiconductors and circuit boards boosts consumption significantly.
· Widely used in chemical synthesis, textile processing, metal finishing, and corrosion-resistant coatings.
· Strong demand from laboratories and research institutions for analytical-grade material.
· Production costs can fluctuate due to changes in chemical feedstock availability.
· Regulatory pressure related to chemical waste, handling, and disposal.
· Substitute reducing agents may limit demand in certain processes.
· Pharmaceutical and electronic applications require strict purity and quality controls, increasing production complexity.
· Expanding PCB and semiconductor industries in Asia-Pacific and North America create strong opportunities.
· Demand for uniform, corrosion-resistant coatings is increasing across industrial sectors.
· High-purity Sodium Hypophosphite is gaining adoption as a specialty reagent.
· Increased usage in precision metal finishing for automated manufacturing processes.
1. Market Overview of Sodium Hypophosphite Monohydrate (CAS 10039-56-2)
1.1 Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Market Overview
1.1.1 Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Product Scope
1.1.2 Market Status and Outlook
1.2 Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Market Size by Regions:
1.3 Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Historic Market Size by Regions
1.4 Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Forecasted Market Size by Regions
1.5 Covid-19 Impact on Key Regions, Keyword Market Size YoY Growth
1.5.1 North America
1.5.2 East Asia
1.5.3 Europe
1.5.4 South Asia
1.5.5 Southeast Asia
1.5.6 Middle East
1.5.7 Africa
1.5.8 Oceania
1.5.9 South America
1.5.10 Rest of the World
1.6 Coronavirus Disease 2019 (Covid-19) Impact Will Have a Severe Impact on Global Growth
1.6.1 Covid-19 Impact: Global GDP Growth, 2019, 2020 and 2021 Projections
1.6.2 Covid-19 Impact: Commodity Prices Indices
1.6.3 Covid-19 Impact: Global Major Government Policy
2. Covid-19 Impact Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Sales Market by Type
2.1 Global Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Historic Market Size by Type
2.2 Global Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Forecasted Market Size by Type
2.3 Purity?98%
2.4 Purity?99%
3. Covid-19 Impact Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Sales Market by Application
3.1 Global Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Historic Market Size by Application
3.2 Global Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Forecasted Market Size by Application
3.3 Experiment and Research
3.4 Medicine
3.5 Electronic
3.6 Chemical
3.7 Others
4. Covid-19 Impact Market Competition by Manufacturers
4.1 Global Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Production Capacity Market Share by Manufacturers
4.2 Global Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Revenue Market Share by Manufacturers
4.3 Global Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Average Price by Manufacturers
5. Company Profiles and Key Figures in Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Business
5.1 Merck
5.1.1 Merck Company Profile
5.1.2 Merck Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Product Specification
5.1.3 Merck Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Production Capacity, Revenue, Price and Gross Margin
5.2 Solvay
5.2.1 Solvay Company Profile
5.2.2 Solvay Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Product Specification
5.2.3 Solvay Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Production Capacity, Revenue, Price and Gross Margin
5.3 Alfa Aesar
5.3.1 Alfa Aesar Company Profile
5.3.2 Alfa Aesar Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Product Specification
5.3.3 Alfa Aesar Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Production Capacity, Revenue, Price and Gross Margin
5.4 Febex
5.4.1 Febex Company Profile
5.4.2 Febex Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Product Specification
5.4.3 Febex Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Production Capacity, Revenue, Price and Gross Margin
5.5 Changshu New-Tech Chemicals
5.5.1 Changshu New-Tech Chemicals Company Profile
5.5.2 Changshu New-Tech Chemicals Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Product Specification
5.5.3 Changshu New-Tech Chemicals Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Production Capacity, Revenue, Price and Gross Margin
5.6 Jiangxi Fuerxin Pharmaceutical & Chemical
5.6.1 Jiangxi Fuerxin Pharmaceutical & Chemical Company Profile
5.6.2 Jiangxi Fuerxin Pharmaceutical & Chemical Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Product Specification
5.6.3 Jiangxi Fuerxin Pharmaceutical & Chemical Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Production Capacity, Revenue, Price and Gross Margin
5.7 Jiangsu Kangxiang Industrial Group
5.7.1 Jiangsu Kangxiang Industrial Group Company Profile
5.7.2 Jiangsu Kangxiang Industrial Group Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Product Specification
5.7.3 Jiangsu Kangxiang Industrial Group Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Production Capacity, Revenue, Price and Gross Margin
5.8 Zhejiang Zengxin Chemistry
5.8.1 Zhejiang Zengxin Chemistry Company Profile
5.8.2 Zhejiang Zengxin Chemistry Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Product Specification
5.8.3 Zhejiang Zengxin Chemistry Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Production Capacity, Revenue, Price and Gross Margin
5.9 Hubei Lianxing Chemical
5.9.1 Hubei Lianxing Chemical Company Profile
5.9.2 Hubei Lianxing Chemical Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Product Specification
5.9.3 Hubei Lianxing Chemical Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Production Capacity, Revenue, Price and Gross Margin
5.10 Hepeng Biological
5.10.1 Hepeng Biological Company Profile
5.10.2 Hepeng Biological Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Product Specification
5.10.3 Hepeng Biological Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Production Capacity, Revenue, Price and Gross Margin
5.11 Shanghai Kangtuo Chemical
5.11.1 Shanghai Kangtuo Chemical Company Profile
5.11.2 Shanghai Kangtuo Chemical Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Product Specification
5.11.3 Shanghai Kangtuo Chemical Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Production Capacity, Revenue, Price and Gross Margin
6. North America
6.1 North America Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Market Size
6.2 North America Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Key Players in North America
6.3 North America Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Market Size by Type
6.4 North America Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Market Size by Application
7. East Asia
7.1 East Asia Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Market Size
7.2 East Asia Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Key Players in North America
7.3 East Asia Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Market Size by Type
7.4 East Asia Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Market Size by Application
8. Europe
8.1 Europe Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Market Size
8.2 Europe Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Key Players in North America
8.3 Europe Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Market Size by Type
8.4 Europe Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Market Size by Application
9. South Asia
9.1 South Asia Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Market Size
9.2 South Asia Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Key Players in North America
9.3 South Asia Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Market Size by Type
9.4 South Asia Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Market Size by Application
10. Southeast Asia
10.1 Southeast Asia Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Market Size
10.2 Southeast Asia Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Key Players in North America
10.3 Southeast Asia Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Market Size by Type
10.4 Southeast Asia Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Market Size by Application
11. Middle East
11.1 Middle East Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Market Size
11.2 Middle East Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Key Players in North America
11.3 Middle East Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Market Size by Type
11.4 Middle East Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Market Size by Application
12. Africa
12.1 Africa Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Market Size
12.2 Africa Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Key Players in North America
12.3 Africa Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Market Size by Type
12.4 Africa Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Market Size by Application
13. Oceania
13.1 Oceania Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Market Size
13.2 Oceania Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Key Players in North America
13.3 Oceania Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Market Size by Type
13.4 Oceania Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Market Size by Application
14. South America
14.1 South America Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Market Size
14.2 South America Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Key Players in North America
14.3 South America Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Market Size by Type
14.4 South America Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Market Size by Application
15. Rest of the World
15.1 Rest of the World Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Market Size
15.2 Rest of the World Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Key Players in North America
15.3 Rest of the World Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Market Size by Type
15.4 Rest of the World Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Market Size by Application
16 Sodium Hypophosphite Monohydrate (CAS 10039-56-2) Market Dynamics
16.1 Covid-19 Impact Market Top Trends
16.2 Covid-19 Impact Market Drivers
16.3 Covid-19 Impact Market Challenges
16.4 Porter?s Five Forces Analysis
18 Regulatory Information
17 Analyst's Viewpoints/Conclusions
18 Appendix
18.1 Research Methodology
18.1.1 Methodology/Research Approach
18.1.2 Data Source
18.2 Disclaimer
· Purity ≥ 98%
· Purity ≥ 99%
· Experiment and Research
Used in analytical chemistry, laboratory experiments, and reduction reactions.
· Medicine
Applied in certain pharmaceutical formulations and medical-grade processes.
· Electronic
Key ingredient in electroless nickel plating and metal surface treatment technologies.
· Chemical
Widely used as a reducing agent, stabilizer, and intermediate in chemical synthesis.
· Others
Includes applications in plastics, coatings, and specialty industrial processes.
· North America (U.S., Canada, Mexico)
· Europe (Germany, U.K., France, Italy, Russia, Spain, etc.)
· Asia-Pacific (China, India, Japan, Southeast Asia, etc.)
· South America (Brazil, Argentina, etc.)
· Middle East & Africa (Saudi Arabia, South Africa, etc.)
· Merck
· Solvay
· Alfa Aesar
· Febex
· Changshu New-Tech Chemicals
· Jiangxi Fuerxin Pharmaceutical & Chemical
· Jiangsu Kangxiang Industrial Group
· Zhejiang Zengxin Chemistry
· Hubei Lianxing Chemical
· Hepeng Biological
· Shanghai Kangtuo Chemical
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