Sodium Hypophosphite Market by Function (Reducing Agents, Catalysts & Stabilizers, Chemical Intermediates), Application (Electroplating, Water Treatment, Chemicals & Pharmaceuticals), Grade (Electrical, Industrial), and Region - Global Forecast to 2025

Sodium Hypophosphite Market by Function (Reducing Agents, Catalysts & Stabilizers, Chemical Intermediates), Application (Electroplating, Water Treatment, Chemicals & Pharmaceuticals), Grade (Electrical, Industrial), and Region - Global Forecast to 2025

Sodium Hypophosphite Market by Function (Reducing Agents, Catalysts & Stabilizers, Chemical Intermediates), Application (Electroplating, Water Treatment, Chemicals & Pharmaceuticals), Grade (Electrical, Industrial), and Region - Global Forecast to 2025

The sodium hypophosphite market is projected to grow at a CAGR of 5.0% from 2019, to reach a value of USD 890 million by 2025

Increasing demand from various end-use industries such as automotive, aviation, electronics, and construction is expected to drive the sodium hypophosphite market in the coming years.

Massive transformation in the industrial sector has made Asia Pacific a high growth market for sodium hypophosphite manufacturers.