Vinylphosphonic Acid Market Size, Share, Growth, and Industry Analysis, By Type (VPA 80%, VPA 90%, Others), By Application (Coating, Printing, Water Treatment & Oil Well, Fuel Cells, Medical Care, Others), Regional Insights, and Forecast To 2031

Updated On: 08 April 2024

Vinylphosphonic Acid Market Report Overview

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The global vinylphosphonic acid market size was USD 11 million in 2021 and is projected to touch USD 17.46 million by 2031, exhibiting a CAGR of 5.2% during the forecast period.

Vinylphosphonic acid (VPA) has a good calefaction and hydrolysis firmness as well as blaze retardant resources and also boast powerful metal complexation and fastening effects with distributing advantages. Required for advanced products in everyday life is gradually strengthening so up to date substances worthy to meet these necessities have to be progressed. The utilization of this acid, which is colorless/odorless, water-soluble, is practical and profitable. The soaring clarity and grade of this acid result suggest inflated concluding polymer characteristics. 

Polyvinylphosphonic acid is an adaptable polyelectrolyte functional in much utilization which encompasses proton conductors for fuel cells, chemical and organic sensors, biocomposite substances and exterior moderation and fixing. This acid and vinylphosphonic acid dimethyl ester (VPA-DME) provide a number of benefits such as they can be utilized as monomer, polymer and copolymer solubility in water and many biological solids.

COVID-19 Impact: Decrease in Production for the Product due to Restrictions around the World.

The global COVID-19 pandemic has been unprecedented and staggering, with the vinylphosphonic acid market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden spike in CAGR is attributable to demand returning to pre-pandemic levels once the pandemic is over.

Due to the spread of the COVID-19 pandemic, the world experienced a halt in almost all its functions. Many businesses had to put a pause on their production due to halts in the various modes of transportation and other such facilities. Nevertheless, the medical industry was not affected in the slightest but infact saw a rise in demand for their products. This acid did experience a hit like many other industries because of the various regulations put in place by the different governments of the nations. In 2021, this business did see a gradual increase in demand for their products which helped them slowly recover from the loss experienced during the onset of the pandemic.

LATEST TRENDS

"New Hydrogel Production to be used for Utilization of Skin Injuries Alleviation "

A latest hydrogel production of hyaluronan, poly (vinylphosphonic acid), and chitosan (HA/PVPA/CS hydrogel) was made and designated to be utilized for skin injuries alleviating use. In the initial study the element proportion of hydrogel was examined to develop the result success. The outcome that was found was that the optical hydrogel had a 3D broadly penetrable formation. Apart from that with a decay duration of a fortnight, this could be enough time for the emergence of intracellular matrix structure throughout the renovating period. Moreover, the antibacterial examination exhibited that hydrogel has antimicrobial pursuit in opposition to E.coli. The test also showed that the hydrogel was not refused by the immune system and would intensify the relieving procedure. In general HA/PVPA/CS hydrogel was productive and the out-come indicated its prospective for injury relieving alleviation.

Vinylphosphonic Acid Market Segmentation

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• By Type

Based on type, the market is distributed into VPA 80%, VPA 90%, Others

• By Application

Based on application, the market is divided into Coating, Printing, Water Treatment & Oil Well, Fuel Cells, Medical Care, Others

DRIVING FACTORS

"Introduction of Phosphonate as a Probable Contender to Augment Market Growth"

A latest phosphonate accommodating polymer, poly (vinylphosphonic acid-"co"-acrylic acid) (PVPA-"co"-AA) has been recognized as a probable contender for the utilization in bone tissue structure. It is theorized that this copolymer copies the workings of bisphosphonates (BPs), a grade of medication utilized to nurse osteoporosis.  Bisphosphonates are contemplated to be the artificial equivalent of inanimated pyrophosphate, an anatomical controller of petrifaction and bone absorption. The close presence of the acid classes and the powerful nullified charge adjoining PVPA-"co"-AA is theorized to copy the formation of bisphosphonates.

This foundation composition allows BPs to secure avidly to anion metal particles such as calcium, and thus, as an outcome BPs can stick to bone mineral aspects.  However, there are some aftereffects connected with bisphosphonates, which incorporate osteonecrosis of the jaw and irritation at the injection site. Thus, it is suggested that PVPA-"co"-AA can copy the steps of bisphosphonates, resulting in a depletion in osteoclast pursuit and thus eliminating bone absorption, while simultaneously decreasing the advance aftereffects of BP medication.

"Warming up of Acid in Water to Shape Free Reformes to Boost Market Growth "

The procedure for the devising of polymers of the acid in water with the help of enzyme which shape free reformes, which contains warming up of  vinylphosphonic acid and (meth)acrylic acid in water in the existence of some weight of aliphatic agent margarin with or without diacetyl fade which detach  by half in one hour, the complete quantity of vinylphosphonic being taken together  takes up to about quarter percent by weight, based on the combined amount of monomer, of (meth)acrylic acid and the balance of the (meth)acrylic acid being added  during the procedure of the reaction.

RESTRAINING FACTORS

"Acid’s Corrosive Nature to Impede Market Growth"

Even though vinylphosphonic is very much useful for various reasons, this does not eliminate the fact that this acid is corrosive in nature, it's also highly combustible. Further, this acid is also known to utilize hazardous materials. All these factors make it highly dangerous to be used by the naked hands and as such care must be taken while handling the acid, not just for the human use but also the expert working with this acid. These factors obstruct the vinylphosphonic acid market growth.

Vinylphosphonic Acid Market Regional Insights

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"Large Fundings in R&D helps Asia Pacific Emerge as a Leader in the Market"

Asia Pacific has emerged as a market leader in the global vinylphosphonic acid market. This region plays a significant role due to the large number of researchers for the development of advanced global vinylphosphonic and its polymers. Due to the large population base and rise in health awareness are the main factors. Besides this, technical advancements, government support and increased urbanization are the main factors contributing to the vinylphosphonic acid market share in the region.

KEY INDUSTRY PLAYERS

"Advancements and Investments lead to the Growth of the Market"

The manufacturers of this market to stay ahead of their competitors are taking steps in scientific developments, huge chunks of investments on research and developments, government aid and growing development are the main factors contributing towards the growth of the vinylphosphonic acid market.

List of Market Players Profiled

• Euticals (Italy)
• BASF (Germany)
• Solvay Novecare (Belgium)

REPORT COVERAGE

This report covers the vinylphosphonic acid market, its various uses in the different industries, its types and the different applications. It also covers the latest trends of this market. How COVID-19 affected the demand for this product in the world.  The driving and restraining factors that contribute to this market. Which region is leading and what are the key industry players doing to stay ahead of their competition. The report also mentions the CAGR due to experience during the forecast period.