Phosphorus Acid Market to Expand from USD 25.06 Bn in 2023 to Nearly USD 32.54 Bn by 2030 with 3.8% Growth

By Level, Technical Grade held a substantial market share of over 42% of the global phosphorous acid market in 2023. Phosphorus acid is also utilized as a reducing agent in the development of synthetic fibers and water treatment products like aminotris. Lead phosphite, which is produced from phosphorous acid, is used as a PVC stabiliser and is an essential component in the production of PVC plastic.