According to Cognitive Market Research, The Global Yellow Phosphorus market is USD 4.2 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 3.90% from 2023 to 2030.
The demand for yellow phosphorus market is rising due to industries, agriculture, and ongoing technological advancements.
Demand for industrial grade remains higher in the yellow phosphorus market.
The thermal phosphoric acid category held the highest yellow phosphorus market revenue share in 2023.
North America will continue to lead, whereas the Asia Pacific yellow phosphorus market will experience the strongest growth until 2030.