Global Yellow Phosphorus & Derivatives Market Size, Share, and COVID-19 Impact Analysis, By Derivative (Thermal Phosphoric Acid, Phosphorus Trichloride, Phosphorus Pentoxide, Phosphorus Sulfides, Red Phosphorus, and Others), By End User (Agriculture, Chemicals, Food & Beverage, Pharmaceuticals, Lithium-Ion Batteries, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 - 2035

Global Yellow Phosphorus & Derivatives Market Insights Forecasts to 2035

• The Global Yellow Phosphorus & Derivatives Market Size Was Estimated at USD 5.10 billion in 2024
• The Market Size is Expected to Grow at a CAGR of around 4.15 % from 2025 to 2035
• The Worldwide Yellow Phosphorus & Derivatives Market Size is Expected to Reach USD 7.98 billion by 2035
• North America is expected to grow the fastest during the forecast period.

According to a research report published by Spherical Insights and Consulting, the global yellow phosphorus & derivatives market size was worth around USD 5.10 billion in 2024 and is predicted to grow to around USD 7.98 billion by 2035 with a compound annual growth rate (CAGR) of 4.15 % from 2025 to 2035. Opportunities in enhanced fertilizers, flame retardants, chemical intermediates, and specialty chemicals are presented by the yellow phosphorus & derivatives market, which is driven by developments in sustainable production technologies, industrial uses, and growing agricultural demand.   

Market Overview

The global industrial ecosystem that includes the extraction, synthesis, distribution, and use of yellow phosphorus and its derivatives, such as phosphoric acid, phosphates, phosphonates, and flame retardants, is referred to as the yellow phosphorus & derivatives market. With a focus on sustainable resource utilization amid geopolitical supply vulnerabilities, this market, which is mostly derived from phosphate rock via high-temperature electric arc reduction, supports vital industries like metallurgy, water treatment, fertilizers, and agriculture. According to China government launched the Implementation Plan for Promoting Efficient and Green Development of the Phosphorus Chemical Industry 2023-2025, new yellow phosphorus and derivatives capacities, promoting recycling, and targeting 100% tail gas utilization from 216 billion Nm annually by production. Growing food demands, reliance on phosphate fertilizer, innovation in sophisticated materials, and the expansion of chemical and energy storage applications are the main drivers of market growth. Two of the most important factors driving this market are the ongoing need for phosphorus agrochemicals and the growing use of yellow phosphorus in cutting-edge battery technology.   

Report Coverage

This research report categorizes the yellow phosphorus & derivatives market based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the yellow phosphorus & derivatives market. Recent market developments and competitive strategies, such as expansion, product launch, development, partnership, merger, and acquisition, have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the yellow phosphorus & derivatives market.    

Driving Factors

Global agricultural demand, regulatory frameworks, technological developments in manufacturing processes, environmental sustainability programs, and changes in raw material pricing are some of the factors that contribute to the yellow phosphorus & derivatives market. The market is expanding due to rising demand for innovative chemical intermediates, industrial chemicals, and high-efficiency fertilizers. Furthermore, demand for high-purity phosphorus compounds has increased due to the expanding use of lithium-ion batteries in consumer electronics and electric vehicles (EVs), particularly in advanced energy storage applications. The growth of the market has also been aided by technological developments.  

Restraining Factors  

The market for yellow phosphorus & derivatives is restricted by strict environmental laws, high production costs, scarce raw material availability, and hazardous handling requirements. These factors collectively restrict market growth and inhibit widespread industrial usage worldwide.  

Market Segmentation

The yellow phosphorus & derivatives market share is classified into derivative and end user.  

• The thermal phosphoric acid segment accounted for the largest share in 2024 and is anticipated to grow at a significant CAGR during the forecast period.    

Based on the derivative, the yellow phosphorus & derivatives market is divided into thermal phosphoric acid, phosphorus trichloride, phosphorus pentoxide, phosphorus sulfides, red phosphorus, and others. Among these, the thermal phosphoric acid segment accounted for the largest share in 2024 and is anticipated to grow at a significant CAGR during the forecast period. Thermal phosphoric acid will continue to be consumed due to the need for fertilizers.  In the face of growing global populations and worries about food security, it is essential to sustain agricultural production as a vital intermediary for phosphate-based fertilizers. The food and beverage sector also uses it extensively as a preservative and acidifier, taking advantage of the rise in the consumption of processed foods.  

• The lithium-ion batteries segment accounted for the highest market revenue in 2024, and is anticipated to grow at a significant CAGR during the forecast period.  

Based on the end user, the yellow phosphorus & derivatives market is divided into agriculture, chemicals, food & beverage, pharmaceuticals, lithium-ion batteries, and others. Among these, the lithium-ion batteries segment accounted for the highest market revenue in 2024 and is anticipated to grow at a significant CAGR during the forecast period. The market for yellow phosphorus and derivatives is expected to grow at the fastest rate in the lithium-ion batteries segment due to the global trend toward renewable energy and electric vehicles. Lithium-ion batteries will play a significant role in the market for yellow phosphorus and the shift away from fossil fuels as a result of investments in gigafactories and energy infrastructure.

Regional Segment Analysis of the Yellow Phosphorus & Derivatives Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

Asia Pacific is anticipated to hold the largest share of the yellow phosphorus & derivatives market over the predicted timeframe.   

Asia Pacific is anticipated to hold the largest share of the yellow phosphorus & derivatives market over the predicted timeframe. Asia Pacific's robust industrial base, expanding agriculture sector, and quick technical improvements are the reasons behind the region's yellow phosphorus and derivatives market. The region serves as a major hub for phosphate-based fertilizers, which are essential for supplying a sizable population with food.  The industry benefits from both established high-volume applications and new technologies, such as specialty chemicals and flame retardants, which are backed by robust government programs. New developments launched include UNDP-backed tail gas-to-power projects and cross-regional phosphorus resource optimization plans, enhancing energy efficiency, high-end product output, and supply chain resilience by 2026.  

North America is expected to grow at a rapid CAGR in the yellow phosphorus & derivatives market during the forecast period. Phosphorus-based fertilizers are in high demand in North America due to rising crop yields and precision farming, as well as growing uses in electronics, pharmaceuticals, and flame retardants for aerospace and electric vehicles. The market is expanding due to rising demand for high-efficiency fertilizers and the increase of downstream sectors such as industrial chemicals, flame retardants, and pesticides. Canada launched CAD 80.3 billion investments in October 2025 through Natural Resources Canada, strengthening critical mineral supply chains and indirectly supporting phosphorus derivatives production via enhanced mining infrastructure and resource efficiency initiatives.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the yellow phosphorus & derivatives market, along with a comparative evaluation primarily based on their Derivative of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes Derivative development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Yunphos
• NDFZ LLP
• Bayer AG
• Kazphosphate LLP
• Yuntianhua Co. Ltd.
• Vietnam Phosphorus JSC
• Chengdu Wintrue Holding Co. Ltd.
• Hubei Xingfa Chemicals Group Co. Ltd.
• Yunnan Mile Phosphorus Electricity Co. Ltd.
• Jiangsu Chengxing Phosph Chemicals Co. Ltd.
• Duc Giang Chemicals Group Joint Stock Company
• Sichuan Chuantou Chemical Industry Group Co. Ltd.
• Guizhou Qianneng Tianhe Phosphorus Industry Co. Ltd.
• Yunnan Chengjiang Huaye Phosphorus Chemicals Co. Ltd.
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs) 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the yellow phosphorus & derivatives market based on the below-mentioned segments:  

Global Yellow Phosphorus & Derivatives Market, By Derivative

• Thermal Phosphoric Acid
• Phosphorus Trichloride
• Phosphorus Pentoxide
• Phosphorus Sulfides
• Red Phosphorus
• Others

Global Yellow Phosphorus & Derivatives Market, By End User

• Agriculture
• Chemicals
• Food & Beverage
• Pharmaceuticals
• Lithium-Ion Batteries
• Others

Global Yellow Phosphorus & Derivatives Market, By Regional Analysis

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