リン酸鉄市場の2030年までの予測： タイプ、形態、用途別、地域別の世界分析

Stratistics MRCによると、リン酸鉄の世界市場は2024年に6億149万米ドルを占め、予測期間中にCAGR 7.2％で成長し、2030年には9億1,284万米ドルに達すると予想されています。

リン酸鉄は、多くの化学・工業プロセス、特にエネルギー貯蔵産業で頻繁に利用される物質です。安定性、寿命、安全性で知られるリン酸鉄リチウム（LiFePO4）電池は、リン酸鉄を主成分として作られています。再生可能エネルギー貯蔵システム、電気自動車（EV）、および高性能と信頼性を必要とするその他の用途では、この電池が頻繁に使用されています。

欧州食品安全機関（EFSA）によると、リン酸鉄は家畜の成長と健康全般に不可欠な鉄欠乏を防ぐため、家畜飼料に使用されています。EFSAの報告によると、リン酸鉄の補給は家畜の成長率を15～20％向上させる。

リン酸鉄リチウム（LFP）製電池の需要増加

リン酸鉄、特にリン酸鉄リチウム（LFP）電池の需要増加の主な原因のひとつは、電気自動車（EV）の普及です。LFP電池は、他の電池に比べて安全性に優れ、寿命が長く、価格も手頃なため、EVに推奨されています。LFP電池は、二酸化炭素排出量を削減し、より環境に優しいエネルギー源に切り替えるという世界の動きから、エネルギー転換の不可欠な一部とみなされています。さらに、安定性が高く、熱管理が優れており、火災の危険性が低いため、電気自動車での使用に最適です。

高価な製造と希少な原料

リン酸鉄、特にバッテリー用途のリン酸鉄リチウム（LFP）の製造に必要な原材料には、リチウム、リン酸塩、鉄があります。世界のサプライ・チェーンの制約により、これらの原材料が不足したり、価格変動の影響を受けたりすることがあります。電気自動車（EV）の台頭はLFP電池の需要を増大させているが、これは原材料を圧迫し製造コストを上昇させることで市場の成長を制限する可能性があります。さらに、必要な原材料の入手可能性とコストは、世界の鉱業が直面する環境問題や規制問題によって影響を受ける可能性があります。

農業における持続可能な肥料のニーズの高まり

持続可能な農法が普及するにつれて、リン酸鉄は農業界で拡大する可能性が大きいです。リン酸鉄を主成分とする肥料は、従来の肥料のような有害な副作用を伴わずに土壌の肥沃度を高めることができるため、貴重な存在となっています。環境悪化や食糧安全保障に関する世界の懸念に対応して農法が変化するなか、こうした環境にやさしい肥料は特に重要です。さらに、世界の人口が増加し、農作物の収量増加に対する需要が高まる中、リン酸鉄は農業の持続可能性を大きく助けることができます。リン酸鉄は害虫駆除にも使われるため、環境に優しい農法としての魅力も増します。

他の技術や材料との競合

特に電気自動車（EV）やエネルギー貯蔵業界では、代替電池化学物質との競合が激しく、リン酸鉄は大きな課題に直面しています。リン酸鉄リチウム（LFP）電池は、手頃な価格と安全性で高い評価を得ているにもかかわらず、酸化マンガンリチウム（LMO）やニッケル・コバルト・アルミニウム・リチウム（NCA）といった他の電池化学に比べてエネルギー密度が低いです。また、LFP電池は、より高いエネルギー密度とより速い充電時間を提供する固体電池の出現によって脅かされる可能性があります。さらに、代替材料がより効果的であることが証明されれば、こうした開発によって電池製造におけるリン酸鉄の必要性が低下する可能性もあります。

COVID-19の影響：

COVID-19の大流行はリン酸鉄市場に大きな影響を及ぼしたが、その主な原因は製造の停止、原料生産の遅れ、世界・サプライ・チェーンの混乱でした。鉄、リン酸塩、リチウムのような重要資源の採掘や抽出は、操業停止や渡航制限の影響を受け、生産コストの上昇や供給不足を招いた。さらに、リン酸鉄リチウム（LFP）電池の重要なユーザーである自動車部門では、工場の閉鎖や自動車に対する消費者需要の低下により、生産が鈍化しました。

リン酸鉄セグメントは予測期間中最大となる見込み

リン酸鉄は食品、農業、電池など様々な産業で広く使用されているため、リン酸鉄セグメントはリン酸鉄市場で最大のシェアを占めると予測されます。リン酸第二鉄は農業において一般的な環境に優しい農薬であり、特にナメクジやカタツムリの駆除に使用される場合、合成化学物質よりも安全です。さらに、EVや再生可能エネルギー貯蔵用のリン酸鉄リチウム（LFP）電池の製造など、エネルギー貯蔵ソリューションへの関与も、市場での優位性を大きく後押ししています。

予測期間中、CAGRが最も高くなると予想される粉末分野

予測期間を通じて、粉末分野のCAGRが最も高くなると予想されます。この拡大には、特に化学、農業、電池製造などの分野におけるリン酸鉄をベースとした商品需要の増加が寄与しています。粉末リン酸鉄を使用するリン酸鉄リチウム（LFP）電池は、費用対効果、安全性、環境面で優れているため、電気自動車（EV）市場で広く使用されています。また、リン酸鉄粉末は、従来の化学肥料や害虫駆除の代替品として、より環境に優しく効率的な農業分野でも広く使用されています。さらに、市場の急成長は、粉末の形態が産業用途において効率性を高め、使いやすく、汎用性があることに起因しています。

最大のシェアを占める地域：

リン酸鉄市場は、その強固な製造基盤と再生可能エネルギー貯蔵システム、電気自動車（EV）、農業用途の需要増加により、アジア太平洋地域が支配的と予測されます。中国、日本、韓国はリン酸鉄リチウム（LFP）電池の主要生産国で、手頃な価格と安全性の高さからEVに広く利用されています。リン酸鉄はまた、特に中国とインドで急速に成長する農業セクターのため、肥料や農薬にも多く使用されています。さらに、この地域はグリーン技術やクリーンエネルギーを支援する政府プログラムからも利益を得ており、リン酸鉄市場の拡大に貢献しています。

CAGRが最も高い地域：

リン酸鉄市場のCAGRが最も高いと予想されるのは中東・アフリカ地域です。再生可能エネルギー事業への投資拡大、電気自動車（EV）の利用拡大、重要国における農業セクターの拡大がこの成長の主な原動力となっています。中東は、石油への依存から脱却するための努力の一環として、持続可能な技術とクリーン・エネルギーへの大規模な投資を行っており、リン酸鉄をベースとする電池、特にリン酸鉄リチウム（LFP）電池の需要を高めています。さらに、リン酸鉄は、農業生産性と食糧安全保障の向上を目指すアフリカ諸国において、肥料や農薬に使用されることも多くなっています。

無料カスタマイズサービス：

本レポートをご購読のお客様には、以下の無料カスタマイズオプションのいずれかをご利用いただけます：

• 企業プロファイル
  • 追加市場プレーヤーの包括的プロファイリング（3社まで）
  • 主要企業のSWOT分析（3社まで）
• 地域セグメンテーション
  • 顧客の関心に応じた主要国の市場推計・予測・CAGR（注：フィージビリティチェックによる）
• 競合ベンチマーキング
  • 製品ポートフォリオ、地理的プレゼンス、戦略的提携に基づく主要企業のベンチマーキング

目次

第1章 エグゼクティブサマリー

第2章 序文

• 概要
• ステークホルダー
• 調査範囲
• 調査手法
  • データマイニング
  • データ分析
  • データ検証
  • 調査アプローチ
• 調査情報源
  • 1次調査情報源
  • 2次調査情報源
  • 前提条件

第3章 市場動向分析

• ドライバー
• 抑制要因
• 機会
• 脅威
• 用途分析
• 新興市場
• COVID-19の影響

第4章 ポーターのファイブフォース分析

• 供給企業の交渉力
• 買い手の交渉力
• 代替品の脅威
• 新規参入業者の脅威
• 競争企業間の敵対関係

第5章 世界のリン酸鉄市場：タイプ別

• リン酸鉄
• リン酸第一鉄
• ピロリン酸第二鉄
• その他のタイプ

第6章 世界のリン酸鉄市場：形態別

• 粉
• 顆粒
• 液体

第7章 世界のリン酸鉄市場：用途別

• 医薬品
• 飲食品
• 動物飼料
• 肥料
• 塗料およびコーティング
• 農業
• 鉄鋼製造
• その他の用途

第8章 世界のリン酸鉄市場：地域別

• 北米
  • 米国
  • カナダ
  • メキシコ
• 欧州
  • ドイツ
  • 英国
  • イタリア
  • フランス
  • スペイン
  • その他欧州
• アジア太平洋
  • 日本
  • 中国
  • インド
  • オーストラリア
  • ニュージーランド
  • 韓国
  • その他アジア太平洋地域
• 南米
  • アルゼンチン
  • ブラジル
  • チリ
  • その他南米
• 中東・アフリカ
  • サウジアラビア
  • アラブ首長国連邦
  • カタール
  • 南アフリカ
  • その他中東とアフリカ

第9章 主な発展

• 契約、パートナーシップ、コラボレーション、合弁事業
• 買収と合併
• 新製品発売
• 事業拡大
• その他の主要戦略

第10章 企業プロファイリング

• Thermo Fisher Scientific Inc.
• Merck KGaA
• Aarvee Chemicals
• Charkit Chemical Company LLC
• Innophos Holdings Inc.
• BASF SE
• Jost Chemical Co.
• Mosaic Company
• Alfa Aesar
• Bayer AG
• Pioneer Enterprise
• Imperial Chemorporation
• Crest Industrial Chemicals
• Zhengzhou Ruipu Biological Engineering Co. Ltd
• Spectrum Chemical Manufacturing Corporation

List of Tables

• Table 1 Global Iron Phosphate Market Outlook, By Region (2022-2030) ($MN)
• Table 2 Global Iron Phosphate Market Outlook, By Type (2022-2030) ($MN)
• Table 3 Global Iron Phosphate Market Outlook, By Ferric Phosphate (2022-2030) ($MN)
• Table 4 Global Iron Phosphate Market Outlook, By Ferrous Phosphate (2022-2030) ($MN)
• Table 5 Global Iron Phosphate Market Outlook, By Ferric Pyrophosphate (2022-2030) ($MN)
• Table 6 Global Iron Phosphate Market Outlook, By Other Types (2022-2030) ($MN)
• Table 7 Global Iron Phosphate Market Outlook, By Form (2022-2030) ($MN)
• Table 8 Global Iron Phosphate Market Outlook, By Powder (2022-2030) ($MN)
• Table 9 Global Iron Phosphate Market Outlook, By Granules (2022-2030) ($MN)
• Table 10 Global Iron Phosphate Market Outlook, By Liquid (2022-2030) ($MN)
• Table 11 Global Iron Phosphate Market Outlook, By Application (2022-2030) ($MN)
• Table 12 Global Iron Phosphate Market Outlook, By Pharmaceuticals (2022-2030) ($MN)
• Table 13 Global Iron Phosphate Market Outlook, By Food & Beverage (2022-2030) ($MN)
• Table 14 Global Iron Phosphate Market Outlook, By Animal Feed (2022-2030) ($MN)
• Table 15 Global Iron Phosphate Market Outlook, By Fertilizers (2022-2030) ($MN)
• Table 16 Global Iron Phosphate Market Outlook, By Paints and Coatings (2022-2030) ($MN)
• Table 17 Global Iron Phosphate Market Outlook, By Agriculture (2022-2030) ($MN)
• Table 18 Global Iron Phosphate Market Outlook, By Steel Manufacturing (2022-2030) ($MN)
• Table 19 Global Iron Phosphate Market Outlook, By Other Applications (2022-2030) ($MN)
• Table 20 North America Iron Phosphate Market Outlook, By Country (2022-2030) ($MN)
• Table 21 North America Iron Phosphate Market Outlook, By Type (2022-2030) ($MN)
• Table 22 North America Iron Phosphate Market Outlook, By Ferric Phosphate (2022-2030) ($MN)
• Table 23 North America Iron Phosphate Market Outlook, By Ferrous Phosphate (2022-2030) ($MN)
• Table 24 North America Iron Phosphate Market Outlook, By Ferric Pyrophosphate (2022-2030) ($MN)
• Table 25 North America Iron Phosphate Market Outlook, By Other Types (2022-2030) ($MN)
• Table 26 North America Iron Phosphate Market Outlook, By Form (2022-2030) ($MN)
• Table 27 North America Iron Phosphate Market Outlook, By Powder (2022-2030) ($MN)
• Table 28 North America Iron Phosphate Market Outlook, By Granules (2022-2030) ($MN)
• Table 29 North America Iron Phosphate Market Outlook, By Liquid (2022-2030) ($MN)
• Table 30 North America Iron Phosphate Market Outlook, By Application (2022-2030) ($MN)
• Table 31 North America Iron Phosphate Market Outlook, By Pharmaceuticals (2022-2030) ($MN)
• Table 32 North America Iron Phosphate Market Outlook, By Food & Beverage (2022-2030) ($MN)
• Table 33 North America Iron Phosphate Market Outlook, By Animal Feed (2022-2030) ($MN)
• Table 34 North America Iron Phosphate Market Outlook, By Fertilizers (2022-2030) ($MN)
• Table 35 North America Iron Phosphate Market Outlook, By Paints and Coatings (2022-2030) ($MN)
• Table 36 North America Iron Phosphate Market Outlook, By Agriculture (2022-2030) ($MN)
• Table 37 North America Iron Phosphate Market Outlook, By Steel Manufacturing (2022-2030) ($MN)
• Table 38 North America Iron Phosphate Market Outlook, By Other Applications (2022-2030) ($MN)
• Table 39 Europe Iron Phosphate Market Outlook, By Country (2022-2030) ($MN)
• Table 40 Europe Iron Phosphate Market Outlook, By Type (2022-2030) ($MN)
• Table 41 Europe Iron Phosphate Market Outlook, By Ferric Phosphate (2022-2030) ($MN)
• Table 42 Europe Iron Phosphate Market Outlook, By Ferrous Phosphate (2022-2030) ($MN)
• Table 43 Europe Iron Phosphate Market Outlook, By Ferric Pyrophosphate (2022-2030) ($MN)
• Table 44 Europe Iron Phosphate Market Outlook, By Other Types (2022-2030) ($MN)
• Table 45 Europe Iron Phosphate Market Outlook, By Form (2022-2030) ($MN)
• Table 46 Europe Iron Phosphate Market Outlook, By Powder (2022-2030) ($MN)
• Table 47 Europe Iron Phosphate Market Outlook, By Granules (2022-2030) ($MN)
• Table 48 Europe Iron Phosphate Market Outlook, By Liquid (2022-2030) ($MN)
• Table 49 Europe Iron Phosphate Market Outlook, By Application (2022-2030) ($MN)
• Table 50 Europe Iron Phosphate Market Outlook, By Pharmaceuticals (2022-2030) ($MN)
• Table 51 Europe Iron Phosphate Market Outlook, By Food & Beverage (2022-2030) ($MN)
• Table 52 Europe Iron Phosphate Market Outlook, By Animal Feed (2022-2030) ($MN)
• Table 53 Europe Iron Phosphate Market Outlook, By Fertilizers (2022-2030) ($MN)
• Table 54 Europe Iron Phosphate Market Outlook, By Paints and Coatings (2022-2030) ($MN)
• Table 55 Europe Iron Phosphate Market Outlook, By Agriculture (2022-2030) ($MN)
• Table 56 Europe Iron Phosphate Market Outlook, By Steel Manufacturing (2022-2030) ($MN)
• Table 57 Europe Iron Phosphate Market Outlook, By Other Applications (2022-2030) ($MN)
• Table 58 Asia Pacific Iron Phosphate Market Outlook, By Country (2022-2030) ($MN)
• Table 59 Asia Pacific Iron Phosphate Market Outlook, By Type (2022-2030) ($MN)
• Table 60 Asia Pacific Iron Phosphate Market Outlook, By Ferric Phosphate (2022-2030) ($MN)
• Table 61 Asia Pacific Iron Phosphate Market Outlook, By Ferrous Phosphate (2022-2030) ($MN)
• Table 62 Asia Pacific Iron Phosphate Market Outlook, By Ferric Pyrophosphate (2022-2030) ($MN)
• Table 63 Asia Pacific Iron Phosphate Market Outlook, By Other Types (2022-2030) ($MN)
• Table 64 Asia Pacific Iron Phosphate Market Outlook, By Form (2022-2030) ($MN)
• Table 65 Asia Pacific Iron Phosphate Market Outlook, By Powder (2022-2030) ($MN)
• Table 66 Asia Pacific Iron Phosphate Market Outlook, By Granules (2022-2030) ($MN)
• Table 67 Asia Pacific Iron Phosphate Market Outlook, By Liquid (2022-2030) ($MN)
• Table 68 Asia Pacific Iron Phosphate Market Outlook, By Application (2022-2030) ($MN)
• Table 69 Asia Pacific Iron Phosphate Market Outlook, By Pharmaceuticals (2022-2030) ($MN)
• Table 70 Asia Pacific Iron Phosphate Market Outlook, By Food & Beverage (2022-2030) ($MN)
• Table 71 Asia Pacific Iron Phosphate Market Outlook, By Animal Feed (2022-2030) ($MN)
• Table 72 Asia Pacific Iron Phosphate Market Outlook, By Fertilizers (2022-2030) ($MN)
• Table 73 Asia Pacific Iron Phosphate Market Outlook, By Paints and Coatings (2022-2030) ($MN)
• Table 74 Asia Pacific Iron Phosphate Market Outlook, By Agriculture (2022-2030) ($MN)
• Table 75 Asia Pacific Iron Phosphate Market Outlook, By Steel Manufacturing (2022-2030) ($MN)
• Table 76 Asia Pacific Iron Phosphate Market Outlook, By Other Applications (2022-2030) ($MN)
• Table 77 South America Iron Phosphate Market Outlook, By Country (2022-2030) ($MN)
• Table 78 South America Iron Phosphate Market Outlook, By Type (2022-2030) ($MN)
• Table 79 South America Iron Phosphate Market Outlook, By Ferric Phosphate (2022-2030) ($MN)
• Table 80 South America Iron Phosphate Market Outlook, By Ferrous Phosphate (2022-2030) ($MN)
• Table 81 South America Iron Phosphate Market Outlook, By Ferric Pyrophosphate (2022-2030) ($MN)
• Table 82 South America Iron Phosphate Market Outlook, By Other Types (2022-2030) ($MN)
• Table 83 South America Iron Phosphate Market Outlook, By Form (2022-2030) ($MN)
• Table 84 South America Iron Phosphate Market Outlook, By Powder (2022-2030) ($MN)
• Table 85 South America Iron Phosphate Market Outlook, By Granules (2022-2030) ($MN)
• Table 86 South America Iron Phosphate Market Outlook, By Liquid (2022-2030) ($MN)
• Table 87 South America Iron Phosphate Market Outlook, By Application (2022-2030) ($MN)
• Table 88 South America Iron Phosphate Market Outlook, By Pharmaceuticals (2022-2030) ($MN)
• Table 89 South America Iron Phosphate Market Outlook, By Food & Beverage (2022-2030) ($MN)
• Table 90 South America Iron Phosphate Market Outlook, By Animal Feed (2022-2030) ($MN)
• Table 91 South America Iron Phosphate Market Outlook, By Fertilizers (2022-2030) ($MN)
• Table 92 South America Iron Phosphate Market Outlook, By Paints and Coatings (2022-2030) ($MN)
• Table 93 South America Iron Phosphate Market Outlook, By Agriculture (2022-2030) ($MN)
• Table 94 South America Iron Phosphate Market Outlook, By Steel Manufacturing (2022-2030) ($MN)
• Table 95 South America Iron Phosphate Market Outlook, By Other Applications (2022-2030) ($MN)
• Table 96 Middle East & Africa Iron Phosphate Market Outlook, By Country (2022-2030) ($MN)
• Table 97 Middle East & Africa Iron Phosphate Market Outlook, By Type (2022-2030) ($MN)
• Table 98 Middle East & Africa Iron Phosphate Market Outlook, By Ferric Phosphate (2022-2030) ($MN)
• Table 99 Middle East & Africa Iron Phosphate Market Outlook, By Ferrous Phosphate (2022-2030) ($MN)
• Table 100 Middle East & Africa Iron Phosphate Market Outlook, By Ferric Pyrophosphate (2022-2030) ($MN)
• Table 101 Middle East & Africa Iron Phosphate Market Outlook, By Other Types (2022-2030) ($MN)
• Table 102 Middle East & Africa Iron Phosphate Market Outlook, By Form (2022-2030) ($MN)
• Table 103 Middle East & Africa Iron Phosphate Market Outlook, By Powder (2022-2030) ($MN)
• Table 104 Middle East & Africa Iron Phosphate Market Outlook, By Granules (2022-2030) ($MN)
• Table 105 Middle East & Africa Iron Phosphate Market Outlook, By Liquid (2022-2030) ($MN)
• Table 106 Middle East & Africa Iron Phosphate Market Outlook, By Application (2022-2030) ($MN)
• Table 107 Middle East & Africa Iron Phosphate Market Outlook, By Pharmaceuticals (2022-2030) ($MN)
• Table 108 Middle East & Africa Iron Phosphate Market Outlook, By Food & Beverage (2022-2030) ($MN)
• Table 109 Middle East & Africa Iron Phosphate Market Outlook, By Animal Feed (2022-2030) ($MN)
• Table 110 Middle East & Africa Iron Phosphate Market Outlook, By Fertilizers (2022-2030) ($MN)
• Table 111 Middle East & Africa Iron Phosphate Market Outlook, By Paints and Coatings (2022-2030) ($MN)
• Table 112 Middle East & Africa Iron Phosphate Market Outlook, By Agriculture (2022-2030) ($MN)
• Table 113 Middle East & Africa Iron Phosphate Market Outlook, By Steel Manufacturing (2022-2030) ($MN)
• Table 114 Middle East & Africa Iron Phosphate Market Outlook, By Other Applications (2022-2030) ($MN)

According to Stratistics MRC, the Global Iron Phosphate Market is accounted for $601.49 million in 2024 and is expected to reach $912.84 million by 2030 growing at a CAGR of 7.2% during the forecast period. Iron phosphate is a substance that is frequently utilized in many chemical and industrial processes, particularly in the energy storage industry. Known for its stability, longevity, and safety features, lithium iron phosphate (LiFePO4) batteries are made with it as a key component. Renewable energy storage systems, electric vehicles (EVs), and other applications requiring high performance and dependability frequently use these batteries.

According to the European Food Safety Authority (EFSA), iron phosphate is used in animal feed to prevent iron deficiency in livestock, which is essential for their growth and overall health. The EFSA reports that iron phosphate supplementation can improve livestock growth rates by 15-20%.

Market Dynamics:

Driver:

Rising demand for batteries made of lithium iron phosphate (LFP)

One of the main causes of the rising demand for iron phosphate, particularly in the form of lithium iron phosphate (LFP) batteries, is the rise in the use of electric vehicles (EVs). Because of their superior safety profile, extended lifespan, and affordability when compared to alternative battery chemistries, these batteries are recommended for EVs. LFP batteries are viewed as an essential part of the energy transition, given the global drive to lower carbon emissions and switch to more environmentally friendly energy sources. Furthermore, they are perfect for use in electric vehicles due to their increased stability, better thermal management, and lower risk of fire hazards.

Restraint:

Expensive manufacturing and scarce raw materials

Lithium, phosphate, and iron are among the particular raw materials needed to produce iron phosphate, particularly as lithium iron phosphate (LFP) for battery applications. Due to global supply chain constraints, these materials may occasionally be scarce or subject to price fluctuations. The rise in electric vehicles (EVs) has increased demand for LFP batteries, which could limit market growth by placing pressure on raw materials and raising production costs. Moreover, the availability and cost of necessary materials may be impacted by environmental and regulatory issues that the global mining industry faces.

Opportunity:

Growing need for sustainable fertilizers in agriculture

Iron phosphate has a great chance to expand in the agricultural industry as sustainable farming methods gain popularity. The ability of fertilizers based on iron phosphate to increase soil fertility without having the harmful side effects of conventional fertilizers makes them valuable. As agricultural practices change in response to global concerns about environmental degradation and food security, these environmentally friendly fertilizers are especially crucial. Additionally, agricultural sustainability can be greatly aided by iron phosphate as the world's population rises and the demand for greater crop yields rises. Iron phosphate's use in pest control also increases its allure in environmentally friendly farming methods.

Threat:

Competition from other technologies and materials

Due to fierce competition from alternative battery chemistries, especially in the electric vehicle (EV) and energy storage industries, iron phosphate is facing significant challenges. Despite their reputation for affordability and safety, lithium iron phosphate (LFP) batteries have a lower energy density than other battery chemistries like lithium manganese oxide (LMO) and lithium nickel cobalt aluminum (NCA). LFP batteries may also be threatened by the emergence of solid-state batteries, which provide greater energy densities and quicker charging times. Furthermore, if alternative materials prove to be more effective, these developments may lessen the need for iron phosphate in the manufacturing of batteries.

Covid-19 Impact:

The COVID-19 pandemic had a major effect on the iron phosphate market, mostly due to manufacturing halts, delays in raw material production, and disruptions in global supply chains. The mining and extraction of vital resources like iron, phosphate, and lithium were impacted by the lockdowns and travel restrictions, which raised production costs and caused supply shortages. Furthermore, factory closures and a decline in consumer demand for automobiles caused production to slow down in the automotive sector, which is a significant user of lithium iron phosphate (LFP) batteries.

The Ferric Phosphate segment is expected to be the largest during the forecast period

Due to its widespread application in a variety of industries, such as food, agriculture, and batteries, the ferric phosphate segment is projected to hold the largest share in the iron phosphate market. Ferric phosphate is a common environmentally friendly pesticide in agriculture that is safer than synthetic chemicals, especially when used to control slugs and snails. Moreover, its dominance in the market has also been greatly aided by its involvement in energy storage solutions, such as the manufacturing of lithium iron phosphate (LFP) batteries for EVs and renewable energy storage.

The Powder segment is expected to have the highest CAGR during the forecast period

Throughout the projection period, the Powder segment is expected to have the highest CAGR. This expansion is fueled by the rising demand for goods based on iron phosphate, particularly in sectors like chemicals, agriculture, and battery manufacturing. The cost-effectiveness, safety, and environmental benefits of lithium iron phosphate (LFP) batteries, which use powdered iron phosphate, have led to their widespread use in the electric vehicle (EV) market. Iron phosphate powder is also widely used in agriculture as a more environmentally friendly and efficient substitute for conventional chemicals in fertilizers and pest control. Additionally, rapid market growth has been attributed to the powder form's increased efficiency, ease of use, and versatility in industrial applications.

Region with largest share:

The market for iron phosphate is projected to be dominated by the Asia-Pacific region due to its robust manufacturing base and rising demand for renewable energy storage systems, electric vehicles (EVs), and agricultural applications. China, Japan, and South Korea are major producers of lithium iron phosphate (LFP) batteries, which are extensively utilized in EVs because of their affordability and safety benefits. Iron phosphate is also being used more often in fertilizers and pesticides due to the regions quickly growing agricultural sector, especially in China and India. Furthermore, the region also gains from government programs that support green technologies and clean energy, which helps the iron phosphate market expand.

Region with highest CAGR:

The iron phosphate market's highest CAGR is anticipated in the Middle East and Africa region. Growing investments in renewable energy projects, the increasing use of electric vehicles (EVs), and the expanding agricultural sector in important nations are the main drivers of this growth. The Middle East is making significant investments in sustainable technologies and clean energy as part of its efforts to diversify away from its reliance on oil, which increases demand for batteries based on iron phosphate, especially lithium iron phosphate (LFP) batteries. Moreover, iron phosphate is also becoming more and more popular in Africa for use in fertilizers and pesticides as nations look to increase agricultural productivity and food security.

Key players in the market

Some of the key players in Iron Phosphate market include Thermo Fisher Scientific Inc., Merck KGaA, Aarvee Chemicals, Charkit Chemical Company LLC, Innophos Holdings Inc., BASF SE, Jost Chemical Co., Mosaic Company, Alfa Aesar, Bayer AG, Pioneer Enterprise, Imperial Chemorporation, Crest Industrial Chemicals, Zhengzhou Ruipu Biological Engineering Co. Ltd and Spectrum Chemical Manufacturing Corporation.

Key Developments:

In May 2024, Merck has signed a definitive agreement to acquire life science company Mirus Bio for US$ 600 million. Based in Madison, Wisconsin, USA, Mirus Bio is a specialist in the development and commercialization of transfection reagents. Transfection reagents, such as Mirus Bio's TransIT-VirusGEN(R), are used to help introduce genetic material into cells.

In April 2024, Bayer AG has signed a long-term supply agreement for electricity from renewable energy sources with Wuppertaler Stadtwerke (WSW), the public utility company of Wuppertal in North Rhein-Westphalia, Germany. The contract underlines Bayer's global commitment to sustainability.

In February 2023, Thermo Fisher Scientific Inc. entered into a definitive agreement to acquire CorEvitas, a provider of regulatory-grade, real-world evidence for approved medical treatments and therapies, from Audax Private Equity, for $912.5 million in cash. CorEvitas will become part of Thermo Fisher's Laboratory Products and Biopharma Services segment.

Types Covered:

• Ferric Phosphate
• Ferrous Phosphate
• Ferric Pyrophosphate
• Other Types

Forms Covered:

• Powder
• Granules
• Liquid

Applications Covered:

• Pharmaceuticals
• Food & Beverage
• Animal Feed
• Fertilizers
• Paints and Coatings
• Agriculture
• Steel Manufacturing
• Other Applications

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 Emerging Markets
• 3.8 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Iron Phosphate Market, By Type

• 5.1 Introduction
• 5.2 Ferric Phosphate
• 5.3 Ferrous Phosphate
• 5.4 Ferric Pyrophosphate
• 5.5 Other Types

6 Global Iron Phosphate Market, By Form

• 6.1 Introduction
• 6.2 Powder
• 6.3 Granules
• 6.4 Liquid

7 Global Iron Phosphate Market, By Application

• 7.1 Introduction
• 7.2 Pharmaceuticals
• 7.3 Food & Beverage
• 7.4 Animal Feed
• 7.5 Fertilizers
• 7.6 Paints and Coatings
• 7.7 Agriculture
• 7.8 Steel Manufacturing
• 7.9 Other Applications

8 Global Iron Phosphate Market, By Geography

• 8.1 Introduction
• 8.2 North America
  • 8.2.1 US
  • 8.2.2 Canada
  • 8.2.3 Mexico
• 8.3 Europe
  • 8.3.1 Germany
  • 8.3.2 UK
  • 8.3.3 Italy
  • 8.3.4 France
  • 8.3.5 Spain
  • 8.3.6 Rest of Europe
• 8.4 Asia Pacific
  • 8.4.1 Japan
  • 8.4.2 China
  • 8.4.3 India
  • 8.4.4 Australia
  • 8.4.5 New Zealand
  • 8.4.6 South Korea
  • 8.4.7 Rest of Asia Pacific
• 8.5 South America
  • 8.5.1 Argentina
  • 8.5.2 Brazil
  • 8.5.3 Chile
  • 8.5.4 Rest of South America
• 8.6 Middle East & Africa
  • 8.6.1 Saudi Arabia
  • 8.6.2 UAE
  • 8.6.3 Qatar
  • 8.6.4 South Africa
  • 8.6.5 Rest of Middle East & Africa

9 Key Developments

• 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 9.2 Acquisitions & Mergers
• 9.3 New Product Launch
• 9.4 Expansions
• 9.5 Other Key Strategies

10 Company Profiling

• 10.1 Thermo Fisher Scientific Inc.
• 10.2 Merck KGaA
• 10.3 Aarvee Chemicals
• 10.4 Charkit Chemical Company LLC
• 10.5 Innophos Holdings Inc.
• 10.6 BASF SE
• 10.7 Jost Chemical Co.
• 10.8 Mosaic Company
• 10.9 Alfa Aesar
• 10.10 Bayer AG
• 10.11 Pioneer Enterprise
• 10.12 Imperial Chemorporation
• 10.13 Crest Industrial Chemicals
• 10.14 Zhengzhou Ruipu Biological Engineering Co. Ltd
• 10.15 Spectrum Chemical Manufacturing Corporation