The global yellow phosphorus & derivatives market is projected to grow from USD 5.65 billion in 2025 to USD 6.91 billion by 2030, at a CAGR of 4.1% during the forecast period.
Yellow phosphorus is a highly reactive and versatile chemical that forms the backbone of several essential industries. It is converted into multiple derivatives including thermal phosphoric acid, phosphorus trichloride, phosphorus pentoxide, phosphorus sulfides, and red phosphorus, which are further utilized in fertilizers, agrochemicals, flame retardants, food additives, and specialty chemical production. Supplied in solid, liquid, or slurry form depending on processing and handling needs, it caters to diverse applications. In terms of end use, yellow phosphorus plays a vital role in agriculture through fertilizers and pesticides, in the chemicals industry as an intermediate, in food and beverage as a regulator and additive, in pharmaceuticals for synthesis, and more recently in lithium-ion batteries for electric vehicles and energy storage systems. This wide spectrum of applications reflects its importance across both traditional and emerging industries. The market is being driven by the growing need for phosphate-based fertilizers to support global food production, alongside increasing demand for phosphorus-derived materials in advanced energy technologies. Together, these factors highlight yellow phosphorus as a critical material linking agriculture, industrial chemicals, and clean energy transitions.
Hubei Xingfa Chemicals Group Co., Ltd. (China), Kazphosphate LLP (Kazakhstan), Sichuan Chuantou Chemical Industry Group Co., Ltd. (China), Bayer AG (Germany), and JIANGSU CHENGXING PHOSPH- CHEMICALS CO., LTD. (China) fall under the winners’ category. These are leading players globally in the global yellow phosphorus & derivatives market according to their production capacities of yellow phosphorus. The key players have adopted the strategies of acquisitions, and agreements to increase their market share.
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Hubei Xingfa Chemicals Group Co., Ltd. (China)
Hubei Xingfa Chemicals Group Co., Ltd. develops and manufactures a full range of phosphorus based chemicals. It operates an integrated industrial chain from mining to chemical manufacturing, with production bases across multiple provinces. The company’s portfolio covers phosphates, silicates, sulfur, fluorine, alkali products, and specialty chemicals for industrial, food, pharmaceutical, agricultural, and electronic applications. Key products include phosphoric chemicals, food additives, herbicides, organic silicones, fertilizers, and electronic chemicals. The company serves over 110 countries located across North America, South America, and Asia Pacific. Its major clients are Syngenta, Dow, Corteva, SK, and Coca-Cola.
JIANGSU CHENGXING PHOSPH- CHEMICALS CO., LTD. (China)
JIANGSU CHENGXING PHOSPH- CHEMICALS CO., LTD. is one of the leading Asian manufacturers of thermal-based phosphate chemicals, producing yellow phosphorus (P4), phosphoric acid, and phosphate salts for domestic and international markets in over 84 countries and regions. The company operates 17 affiliated entities across provinces including Jiangsu, Guangxi, and Yunnan. Its two main downstream production bases for fine phosphate chemicals are located in Jiangyin, Jiangsu, and Qinzhou, Guangxi, with a combined capacity of 600,000 tons per year of phosphoric acid and 120,000 tons per year of fine phosphate salts.
Upstream operations include two large P4 plants in Xuanwei and Mile, Yunnan Province, with a total annual capacity of 160,000 tons. These plants are integrated with phosphate mines and supported by dedicated thermal and hydropower facilities. The company also maintains its own logistics assets, including 200 railway cars and over 3,300 containers for P4 transport. Since entering the export market in 1991 and establishing a trading house in 1995, Chengxing has developed a vertically integrated supply chain from phosphate rock mining and P4 production to phosphoric acid and phosphate salts.
Kazphosphate LLP (Kazakhstan)
Kazphosphate LLP is a fully integrated producer of phosphate-based products, managing operations from phosphate rock mining and processing to finished product manufacturing and distribution. Its facilities include the Mineral Fertilisers Plant, Kazphosphate and Chulaktau Mining and Processing Complexes, Stepnogorsk Chemical Plant, a railway-transport network, and trading houses in Kazakhstan, Uzbekistan, Turkey, and Lithuania. The company produces mineral fertilizers, feed phosphates, yellow phosphorus, phosphoric acid, sodium tripolyphosphate, and other phosphorus derivatives. It has undertaken modernization projects to improve production efficiency, reduce waste, and enhance environmental performance, including clean production methods for yellow phosphorus and closed-loop water systems. Kazphosphate supplies its products to markets in Europe and Asia.
Sichuan Chuantou Chemical Industry Group Co., Ltd. (China)
Sichuan Chuantou Chemical Industry Group Co., Ltd. is one of the largest manufacturers of yellow phosphorus (P4) in China, with an annual production capacity of 120,000 metric tons. Located in Panzhihua—an industrial hub for energy, minerals, and steel in Western China—the company benefits from proximity to key raw materials including high-quality phosphorite rock, coke, and silica. Additionally, it relies on stable power supply from the Ertan Hydropower Station. These advantages have enabled the company to maintain a leading position in China's yellow phosphorus industry for many years.
Bayer AG (Germany)
Bayer AG is a global life sciences company specializing in healthcare and nutrition, with operations structured into three main divisions including Crop Science, Pharmaceuticals, and Consumer Health. The Crop Science division provides seeds, plant traits, crop protection products, and digital farming solutions, with production and processing facilities located close to major markets. The Pharmaceuticals division focuses on prescription medicines in areas such as cardiology, women’s healthcare, oncology, hematology, ophthalmology, radiology, and emerging cell and gene therapies, along with diagnostic imaging equipment and contrast agents. The Consumer Health division supplies over-the-counter medicines across categories including nutritional supplements, allergy, cough and cold, dermatology, pain management, cardiovascular risk prevention, and digestive health.
For over 65 years, Bayer’s P4 business, which does phosphate mining and phosphorus manufacturing, has been a central part of the Soda Springs community. Today it is a major pillar of the Southeast Idaho economy. The company uses phosphorus to develop crop protection products for farmers. Phosphorus is also the key component of the brightener in toothpaste, it provides the tangy fizz to most soda pop, and, when added to baking soda, it becomes the common bread and cake ingredient of baking powder. The company has regional presence in North America, South America, Europe, Africa, and Asia Pacific.
Market Ranking
In the global yellow phosphorus & derivatives market, companies are ranked based on revenue, production capacity, technological innovation, and market presence. Leading players such as Hubei Xingfa Chemicals Group Co., Ltd. (China), Kazphosphate LLP (Kazakhstan), Sichuan Chuantou Chemical Industry Group Co., Ltd. (China), Bayer AG (Germany), and JIANGSU CHENGXING PHOSPH- CHEMICALS CO., LTD. (China) are playing a crucial role in global supply, accounting for a significant share of total yellow phosphorus production and exports. Key players continually invest in capacity expansions, and strategic alliances to strengthen their market position. Strategic acquisitions and agreements are key competitive forces shaping the market, as companies aim to enhance scalability, manufacturing efficiency, and cost-effectiveness in response to increasing demand in the chemical sector and global sustainability regulations.
Related Reports:
Yellow Phosphorus & Derivatives Market by Derivative (Thermal Phosphoric Acid, Phosphorus Trichloride, Phosphorous Pentoxide, Red Phosphorus), End Use (Agriculture, Chemicals, Pharmaceutical, Lithium-ion Batteries), Region - Global Forecast to 2030
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