Report Description

 

Forecast Period

2026-2030

Market Size, By Volume (2024)

1.14 thousand Metric Tonnes

CAGR (2025-2030)

2.73%

Fastest Growing Segment

Safety Matches

Largest Market

South India

Market Size (2030)

1.34 thousand Metric Tonnes


Market Overview

India Red Phosphorus Market achieved a total market volume of 1.14 thousand Metric Tonnes in 2024 and is poised for significant growth to reach 1.34 thousand Metric Tonnes in 2030, with a projected Compound Annual Growth Rate (CAGR) of 2.73% .  

Red phosphorus, a chemical element with the symbol P and atomic number 15, plays a pivotal role in various industries, including the production of matches, flame retardants, and semiconductors. The Indian red phosphorus market has witnessed substantial growth due to the country's expanding industrial landscape, growth in the construction and electronics sectors, and the need for fire safety measures.  The Indian red phosphorus market has experienced consistent growth in recent years. Red phosphorus is a versatile chemical used in the manufacturing of safety matches, flame retardants, and as a semiconductor material. Its importance is underscored by its role in fire safety and electronics. The production of safety matches is one of the primary drivers of the red phosphorus market in India. Red phosphorus is a key ingredient in matchstick heads, providing the friction necessary for ignition. Red phosphorus is used as a flame retardant in various materials, including plastics and textiles. The growing awareness of fire safety and the need for flame-resistant materials have increased the demand for red phosphorus. Red phosphorus is used as a semiconductor material in the electronics industry.

As India's electronics sector continues to grow, the demand for red phosphorus in semiconductor applications has risen. Red phosphorus is highly reactive and poses safety risks, particularly during production and handling. Adherence to stringent safety protocols is essential to mitigate these risks. The production and use of red phosphorus can generate environmental concerns, particularly in terms of waste disposal and emissions. Compliance with environmental regulations is crucial. There is a growing emphasis on adopting green and sustainable practices in red phosphorus production. The industry is exploring cleaner and more environmentally friendly production methods.  Research and development in the field of flame retardants are driving the demand for more effective and environmentally friendly solutions, potentially influencing the use of red phosphorus in these applications. The outlook for the Indian red phosphorus market remains positive. As India's construction, electronics, and safety industries continue to grow, the demand for red phosphorus is expected to persist. The industry is also likely to adapt to emerging trends, with a strong focus on green and sustainable practices in production and the development of innovative flame-retardant solutions. The Indian red phosphorus market is a fundamental player in supporting the country's safety, construction, and electronics industries. As India advances on its path of industrialization and environmental awareness, the market is poised to evolve and thrive, reinforcing its significance in the chemical and manufacturing landscape of the nation.

Key Market Drivers

Growing Demand from Semiconductor Industry Propels India Red Phosphorus Market Growth

The Indian red phosphorus market is experiencing notable growth, primarily driven by the increasing demand from the semiconductor industry. Red phosphorus, a critical component in the manufacturing of semiconductors, plays a pivotal role in ensuring the efficiency and performance of electronic devices. This surge in demand from the semiconductor sector is a major factor behind the expansion of India's red phosphorus market. India's semiconductor landscape is set for a transformative shift with the establishment of three new semiconductor manufacturing units across diverse regions. The foremost initiative marks India's entry into commercial semiconductor fabrication, located in Dholera, Gujarat. Tata Electronics Private Limited (TEPL) and Powerchip Semiconductor Manufacturing Corp (PSMC) from Taiwan join forces for this INR 9100 billion (US$109.71 billion) venture, targeting a monthly capacity of 50,000 wafer starts. Focus areas include high-performance compute chips and power management chips for sectors like electric vehicles and telecom. TSAT, a subsidiary of Tata, plans a Semiconductor ATMP unit in Morigaon, Assam, investing INR 2700 million (US$325.99 million) to deliver 48 million units daily, emphasizing indigenous advanced semiconductor packaging technologies for various industries. Additionally, CG Power collaborates with Renesas Electronics Corporation from Japan and Stars Microelectronics from Thailand to establish a Semiconductor ATMP unit in Sanand, Gujarat, investing INR 760 million (US$91.63 million) for a capacity of 15 million units per day. These endeavors underscore India's ambition to cultivate a robust semiconductor ecosystem and emerge as a global semiconductor hub.

The key factors contributing to the rise in demand for red phosphorus in India is its crucial role as a semiconductor dopant. In semiconductor manufacturing, red phosphorus is used as a dopant in the production of silicon wafers, which are the fundamental building blocks of electronic devices such as integrated circuits (ICs), microchips, and transistors. The addition of red phosphorus to silicon can modify its electrical properties, making it a valuable tool for enhancing the performance and conductivity of semiconductors. Semiconductors are the backbone of modern electronics, and their widespread applications range from consumer electronics like smartphones and laptops to automotive systems, industrial machinery, and medical devices. As the demand for smaller, more powerful, and energy-efficient electronic devices continues to grow, the semiconductor industry relies on advanced materials and technologies. Red phosphorus is an essential material in this quest for innovation, as it helps semiconductor manufacturers achieve higher processing speeds and lower power consumption. 

Another important application of red phosphorus in the semiconductor industry is in the production of specialized red phosphorus-based photodetectors and sensors. These devices are used in optical communications, remote sensing, and imaging technologies, enabling data transmission and image capture. With the increasing importance of photonics and optical communication in modern technology, the demand for red phosphorus-based components in these applications is on the rise.

Also, red phosphorus is used in the production of red phosphorus-based thin-film transistors (TFTs). These TFTs are integral components in flat panel displays, including LCD and OLED screens, which are commonly found in televisions, computer monitors, smartphones, and tablets. Red phosphorus based TFTs help improve the display's responsiveness and refresh rate, enhancing the overall viewing experience. With the growing consumer demand for high-quality and high-resolution displays, the semiconductor industry increasingly depends on red phosphorus-based components to meet these expectations. Red phosphorus has applications in the production of solar cells and photovoltaic devices, which are crucial for harnessing renewable energy. As the world shifts toward sustainable and eco-friendly energy sources, the demand for solar panels and photovoltaic technology is increasing. Red phosphorus is utilized in these applications to enhance the efficiency and conductivity of solar cells, further contributing to the growth of the semiconductor industry and the renewable energy sector.

Red phosphorus's role in the semiconductor industry is also expanding to include emerging technologies such as quantum computing, which promises to revolutionize data processing and cryptography. Quantum computers rely on innovative materials and components to achieve unprecedented computing power and speed, and red phosphorus is being explored as a potential candidate for these cutting-edge systems. The growing demand from the semiconductor industry, driven by the need for advanced materials to enhance electronic devices' performance and energy efficiency, is a significant driving force behind the growth of the red phosphorus market in India. Red phosphorus’ role as a semiconductor dopant, as well as in the production of photodetectors, sensors, thin-film transistors, and solar cells, makes it a vital material in the evolving landscape of electronics and technology. As India's semiconductor industry continues to innovate and meet the demands of a rapidly evolving electronic landscape, the demand for red phosphorus is expected to remain strong, contributing to the country's technological advancements and the production of high-performance electronic devices.

Rising Demand to Produce Safety Matches Propels India's Red Phosphorus Market Growth

The Indian red phosphorus market is experiencing notable growth, largely propelled by the rising demand for its use in the production of safety matches. Red phosphorus is an essential component in safety match heads, playing a pivotal role in the ignition process. The surge in demand for safety matches is a significant driver behind the expansion of India's red phosphorus market.

The key factors contributing to the increased demand for red phosphorus in India is its crucial role in the safety match industry. Safety matches are widely used for lighting purposes in households, commercial establishments, and industrial settings. Red phosphorus is a key ingredient used in the match head composition, along with other components like potassium chlorate, sulfur, and powdered glass. The ignition process in safety matches relies on the friction between the match head and the striking surface, which ignites the red phosphorus, leading to the combustion of the matchstick.

Safety matches are a convenient and widely used tool for creating controlled and reliable fire sources. They have a broad range of applications, including lighting candles, stoves, fireplaces, and other combustion devices  The increasing demand for safety matches is driven by the need for convenient and readily accessible ignition sources for both domestic and industrial purposes. Safety matches are an integral part of emergency preparedness and firefighting equipment. In emergency situations, such as power outages or natural disasters, safety matches are essential for creating a reliable source of light and heat. They are a critical tool for first responders and individuals seeking to navigate and manage emergency situations effectively. With the growing emphasis on disaster preparedness and safety measures, the demand for safety matches is on the rise.

The demand for safety matches is not limited to household use; they also find applications in various industrial and commercial sectors. Safety matches are used in restaurants, hotels, and hospitality establishments for lighting stoves, ovens, and grills. They are also used in manufacturing processes where controlled ignition is required, such as lighting pilot lights for industrial machinery. Safety matches are valued for their reliability, ease of use, and consistent performance. Red phosphorus, as a key component in the match head, ensures a dependable and predictable ignition process. This dependability is crucial in various scenarios, including camping, outdoor activities, and survival situations where access to fire is essential.

The production of safety matches is a thriving industry in India, and it continues to grow to meet domestic and international demands. The safety match manufacturing sector relies on a steady supply of red phosphorus to ensure the consistent quality and performance of the matches produced. The expansion of this industry and the continuous need for safety matches have contributed to the growth of India's red phosphorus market.

Hence, the rising demand for safety matches, driven by the need for convenient and reliable ignition sources in households, commercial establishments, and industrial applications, is a significant driving force behind the growth of the red phosphorus market in India. Red phosphorus's essential role in the match head composition positions it as a crucial component in the production of safety matches. As India's safety match industry continues to expand to meet domestic and international needs, the demand for red phosphorus is expected to remain strong, contributing to the country's economic development and the production of high-quality and dependable safety matches.

Increasing Demand for Red Phosphorus by Pyrotechnics Industry Propelling the India Red Phosphorus Market Growth

The Indian red phosphorus market is experiencing significant growth, primarily driven by the increasing demand from the pyrotechnics industry. Red phosphorus, a critical component in the creation of pyrotechnic compositions, plays a pivotal role in producing dazzling fireworks, flares, and other pyrotechnic displays. The surge in demand for fireworks and other pyrotechnic products is a major factor behind the expansion of India's red phosphorus market. The Indian fireworks industry commands an impressive annual turnover exceeding ₹6000 crore. With a steady growth rate of approximately 10% annually, it contributes significantly to employment, supporting over 5 lakh families directly or indirectly. While a portion of the workforce is engaged in direct manufacturing activities within firework factories, a larger segment finds employment in ancillary roles such as paper tube making, wire cutting, and box making in rural areas. The industry comprises over 500 primary manufacturers and 60 ancillary units, forming a robust ecosystem. Chemical components range from traditional gunpowder and iron fillings to modern compounds like potassium nitrate, barium and strontium nitrates, aluminium and magnesium powder, and sulphur.

The key factors contributing to the growing demand for red phosphorus in India is its essential role in the pyrotechnics industry. Pyrotechnics encompass a wide range of applications, from fireworks displays at celebrations and events to distress signals, flares, and theatrical special effects. Red phosphorus is used as a key ingredient in pyrotechnic compositions that create the vivid colors, sparks, and visual effects that captivate audiences and mark special occasions. Fireworks are an integral part of India's cultural and celebratory traditions, with festivals like Diwali, Holi, and various religious and cultural events often featuring elaborate firework displays. The demand for high-quality and visually stunning fireworks is on the rise, and red phosphorus is a critical component for achieving the desired effects. Its role in the composition of colored flames and sparks makes red phosphorus indispensable for pyrotechnicians and fireworks manufacturers.

Also, red phosphorus's role extends to military and safety applications, where flares and distress signals are used for signaling, illumination, and emergency situations. These products play a crucial role in providing illumination during night operations, search and rescue missions, and maritime distress signals. The reliability and effectiveness of these devices are essential in critical situations. The entertainment industry also relies on pyrotechnics for theatrical and cinematic effects. Red phosphorus is used to create dramatic visual displays, explosions, and special effects in movies, TV shows, and live performances. As the entertainment industry continues to grow and diversify, the demand for pyrotechnic special effects is increasing, and with it, the demand for red phosphorus.

Red phosphorus is used in industrial applications, including the production of safety flares for oil rigs, mines, and industrial facilities. These flares are crucial for safety and signaling in hazardous environments. The demand for industrial safety products and signaling devices is driven by an emphasis on safety and compliance with industrial regulations. The production of pyrotechnic products is a thriving industry in India, and it continues to expand to meet domestic and international demands. Pyrotechnic manufacturers rely on a consistent supply of red phosphorus to ensure the quality and performance of fireworks, flares, and other pyrotechnic displays. The growth of this industry and the ongoing need for pyrotechnic products have significantly contributed to the expansion of India's red phosphorus market.

The increasing demand for red phosphorus by the pyrotechnics industry, driven by the need for captivating fireworks displays, flares, and special effects in entertainment, as well as safety and military applications, is a significant driving force behind the growth of the red phosphorus market in India. Red phosphorus’ pivotal role in pyrotechnic compositions positions it as a crucial component in the production of fireworks and pyrotechnic displays. As India's pyrotechnics industry continues to expand to meet domestic and international demands, the demand for red phosphorus is expected to remain strong, contributing to the country's cultural celebrations, entertainment industry, and safety applications.


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Key Market Challenges

Stringent Government Regulations

Stringent government regulations are acting as a substantial hindrance to the growth of the India Red Phosphorus market. Red phosphorus, a critical chemical compound with applications in various industries, including electronics, chemicals, and flame retardants, faces increasing regulatory scrutiny due to its potential environmental and safety hazards. Concerns about its hazardous properties and risks of contamination have led to the imposition of strict regulations and safety standards governing its production, handling, and disposal.

These regulations necessitate substantial investments in compliance, safety measures, and technology upgrades for manufacturers. They can increase operational costs and add complexity to the production processes, impacting the competitiveness of the Indian Red Phosphorus market in the global landscape.

To overcome this challenge, industry stakeholders in India must collaborate closely with regulatory bodies to ensure that red phosphorus production aligns with evolving standards while remaining cost-effective. Embracing sustainable and environmentally friendly practices can further help the market navigate stringent regulations and promote its growth in a responsible and compliant manner.

Environmental Concerns

Environmental concerns are increasingly acting as a major obstacle hindering the growth of the India Red Phosphorus market. Red phosphorus, a crucial chemical compound with applications in various industries like electronics, chemicals, and flame retardants, raises environmental apprehensions due to its potential toxicity and environmental impact.

The production and usage of red phosphorus can result in waste byproducts that may pose risks to ecosystems and human health. Additionally, the potential for water and soil contamination in the production process has raised concerns among regulatory authorities and environmental organizations.

Stringent environmental regulations are being put in place to limit the environmental impact of red phosphorus production, necessitating costly investments in cleaner and sustainable production processes. These challenges can impact the competitiveness and growth of the Indian Red Phosphorus market.

To overcome these obstacles, the India Red Phosphorus market must focus on adopting cleaner and more environmentally friendly production practices, enhancing waste management and disposal, and complying with evolving environmental regulations. Collaboration with regulatory authorities, investment in research and development for cleaner technologies, and a strong commitment to sustainability can help the industry navigate these environmental concerns and foster its responsible and sustainable growth.

Key Market Trends

Growing Emphasis on Adopting Green and Sustainable Practices in Red Phosphorus Production

The growing emphasis on adopting green and sustainable practices in red phosphorus production is a significant trend driving the growth of the India Red Phosphorus market. Red phosphorus, a critical chemical compound with applications in various industries, including electronics, flame retardants, and agricultural chemicals, has come under scrutiny for its environmental and safety concerns. In response, there is a shift towards more sustainable and eco-friendly production methods.

Manufacturers are increasingly exploring cleaner and greener processes for red phosphorus production, which aim to reduce waste, energy consumption, and emissions of hazardous byproducts. These sustainable practices not only align with global environmental standards but also resonate with India's commitment to responsible manufacturing.

Moreover, end-users in industries like electronics and flame retardants are seeking sustainable and environmentally friendly products. Red phosphorus produced through green methods provides a solution to meet these demands, ensuring that end products are both effective and eco-conscious.

This trend signifies the broader shift in India towards more sustainable and responsible industrial practices. As the country strives to balance industrial growth with environmental stewardship, the adoption of green and sustainable practices in red phosphorus production becomes increasingly essential. It reflects the India Red Phosphorus market's commitment to innovation and environmental responsibility, driving its growth while addressing environmental and safety concerns.

Innovations in the Field of Flame Retardants

Innovations in the field of flame retardants represent a key trend propelling the growth of the India Red Phosphorus market. Red phosphorus, a crucial component of flame-retardant formulations, plays a pivotal role in enhancing fire safety across various industries, including electronics, construction, textiles, and automotive. The market's expansion is closely linked to ongoing research and development efforts aimed at creating more effective and environmentally friendly flame-retardant solutions.

Researchers and manufacturers are continuously exploring novel flame-retardant technologies and formulations that offer improved fire resistance while minimizing environmental and health concerns. Innovations in this field are driving the demand for red phosphorus as a core ingredient in these advanced flame retardants.

India's commitment to safety and fire prevention, particularly in critical sectors like electronics and construction, further supports the need for innovative flame-retardant solutions. These advancements not only enhance product safety and reduce fire-related risks but also cater to the growing emphasis on eco-friendly and sustainable materials, aligning with India's evolving regulatory and consumer preferences.

In conclusion, the trend of innovations in the field of flame retardants underscores the pivotal role of red phosphorus in enhancing fire safety and contributing to the overall growth of the India Red Phosphorus market. It highlights the market's adaptability to emerging safety and environmental standards while addressing the fire safety needs of diverse industries.

Segmental Insights

Product Type Insights

Based on the product type, the general purity segment emerged as the dominant player in the Indian market for Red Phosphorus in 2024. It is essential for various industrial applications and  alignment with the nation's growing focus on safety and sustainability, and its contribution to products that require flame retardancy and safety enhancements. This dominance is expected to persist as these industries continue to expand and prioritize product quality and safety.

The dominance of the general purity segment can be attributed to the wide-ranging uses of Red Phosphorus in industries such as the chemical, electronics, and metallurgical sectors, where general-purpose, high-quality Red Phosphorus is essential for a multitude of applications.

General purity Red Phosphorus is utilized as a flame retardant in various materials, such as plastics, textiles, and electronics, helping to enhance the safety of these products. It is also employed in the production of matchsticks, where its reliability and consistent quality are essential to ensure safety and ignition. Additionally, the general purity segment aligns with the evolving sustainability trends in various industries, where environmentally friendly and safe production processes are emphasized. Red Phosphorus, especially in its general purity form, supports these sustainable practices.

Application Insights

Based on the application, the Safety Matches segment is projected to experience rapid growth during the forecast period due to its essential role in household safety and fire prevention. This growth is likely to be driven by both increasing consumer demand and a focus on fire safety and regulation compliance.

The growth in the Safety Matches segment can be attributed to several factors. First and foremost, safety matches are a commonly used product in households across India, ensuring a consistent and reliable demand for Red Phosphorus. With an increasing population and urbanization, the demand for safety matches is likely to remain robust.

Furthermore, there is a growing emphasis on fire safety and the use of flame retardant materials, which includes the use of Red Phosphorus in safety matches. This trend is expected to drive the demand for safer ignition methods, contributing to the growth of the Safety Matches segment. Additionally, the presence of regulations and standards related to fire safety and the use of Red Phosphorus in safety matches is expected to play a role in the segment's growth.


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Regional Insights

In the Indian market for Red Phosphorus, the dominance of the Southern region in the Indian Red Phosphorus market is a result of its industrial diversity, well-established infrastructure, and strategic advantages. This dominance is expected to persist as the region continues to thrive in various manufacturing sectors, especially in safety matches, electronics, and chemicals, and as the demand for high-quality chemicals remains on the rise. One of the primary reasons for the Southern region's dominance is its industrial strength and the presence of significant manufacturing sectors, including the production of safety matches, electronics, and chemicals. States like Tamil Nadu and Karnataka are home to a substantial number of manufacturing facilities that rely on Red Phosphorus as a crucial component for various applications. The region's well-established industrial infrastructure, research and development facilities, and a conducive environment for manufacturing have played a pivotal role in its prominence.

Safety matches, in particular, are a significant application of Red Phosphorus, and the Southern region is known for its dominance in the production of safety matches. This aligns with the region's strong position in the Red Phosphorus market. Furthermore, the Southern region's proactive approach to environmental regulations and its commitment to safety and sustainability have also driven the demand for Red Phosphorus, especially in industries that prioritize eco-friendly and high-quality production processes.


Key Market Players

  • Prasol Chemicals Limited
  • Joshi Agrochem Pharma Pvt. Ltd
  • Kalpataru Chemicals Private Limited
  • Sri Balaji Anand Chemicals
  • UPL Limited

By Product Type

By Application

By Region

  • General Purity
  • High Purity
  • Safety Matches
  • Flame Retardants
  • Fertilizers
  • Others
  • West India
  • North India
  • South India
  • East India

 

 

Report Scope:

In this report, the India Red Phosphorus Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • India Red Phosphorus Market, By Product Type:

o   General Purity

o   High Purity

  • India Red Phosphorus Market, By Application:

o   Safety Matches

o   Flame Retardants

o   Fertilizers

o   Others

  • India Red Phosphorus Market, By Region:

o   West India

o   North India

o   South India

o   East India

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the India Red Phosphorus Market.

Available Customizations:

India Red Phosphorus Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

India Red Phosphorus Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]               

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.     Markets Covered

1.2.2.     Years Considered for Study

1.2.3.     Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, and Trends

4.    Voice of Customers

5.    Impact of COVID-19 on India Red Phosphorus Market

6.    India Red Phosphorus Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Product Type (General Purity, High Purity)

6.2.2.     By Application (Safety Matches, Flame Retardants, Fertilizers and others)

6.2.3.     By Region (North, South, East, West)

6.2.4.     By Company (2024)

6.3.  Product Market Map

7.    North India Red Phosphorus Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Product Type

7.2.2.     By Application

8.    South India Red Phosphorus Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Product Type

8.2.2.     By Application

9.    East India Red Phosphorus Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Product Type

9.2.2.     By Application

10.  West India Red Phosphorus Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Product Type

10.2.2.  By Application

11.  Market Dynamics

11.1.              Drivers

11.2.              Challenges

12.  Market Trends & Developments

12.1.              Merger & Acquisition

12.2.              Product Development

12.3.              Recent Developments

13.  Porters Five Forces Analysis

13.1.              Competition in the Industry

13.2.              Potential of New Entrants

13.3.              Power of Suppliers

13.4.              Power of Customers

13.5.              Threat of Substitute Products

14.  Pricing Analysis

15.  Policy & Regulatory Framework

16.  Competitive Landscape

16.1.              Prasol Chemicals Limited

16.1.1.  Business Overview

16.1.2.  Company Snapshot

16.1.3.  Products & Services

16.1.4.  Financials (As Reported)

16.1.5.  Recent Developments

16.2.              Joshi Agrochem Pharma Pvt. Ltd

16.3.              Kalpataru Chemicals Private Limited

16.4.              Sri Balaji Anand Chemicals

16.5.              UPL Limited

17.  Strategic Recommendations

18. About us and Disclaimer

Figures and Tables

Frequently asked questions

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The market size, By Volume of the India Red Phosphorus Market was estimated to be 1.12 thousand Metric Tonnes in 2024.

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Based on the application, the Safety Matches segment is projected to experience rapid growth during the forecast period due to its essential role in household safety and fire prevention. This growth is likely to be driven by both increasing consumer demand and a focus on fire safety and regulation compliance.

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Based on the region, the dominance of the Southern region in the Indian Red Phosphorus market is a result of its industrial diversity, well-established infrastructure, and strategic advantages. This dominance is expected to persist as the region continues to thrive in various manufacturing sectors, especially in safety matches, electronics, and chemicals, and as the demand for high-quality chemicals remains on the rise.

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Growing demand for semiconductor industry and rising demand to produce safety matches are the major drivers for the India Red Phosphorus Market.

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Sakshi Bajaal

Business Consultant
Press Release

India Red Phosphorus Market to Grow with a CAGR of 2.73% through 2030

May, 2024

Growing demand for semiconductor industry and rising demand to produce safety matches are factors driving the India Red Phosphorus Market in the forecast period 2026-2030.