Aluminum Metaphosphate Market By Purity (Less Than or Equal to 98.5% Purity & Above 98.5% Purity), By Grade (Food grade, Reagent & Technical grade, USP Grade & Others), By Application (Optical Glass, Enamels, Glazes, Battery, Pottery, Cement & Others), By Packaging (Composite Paper Bags, Plastic lines/coated bags & Poly Bottles), By End-use Industry (Automotive (Light Commercial Vehicle & Heavy Commercial Vehicle), Building & Construction (Residential, Commercial & Industrial & Infrastructural), Industrial & Infrastructural, Food & Beverage, Agriculture, Pharmaceutical & Others), By Geography - Global Opportunity Analysis & Industry Forecast, 2022-2027

Report Code: CMR 0801 Report Format: PDF + Excel

Aluminum Metaphosphate Market Overview

The Aluminum Metaphosphate Market size is estimated to reach US$436.2 million by 2027 after growing at a CAGR of 4.5% during the forecast period 2022-2027. Aluminum metaphosphate, also known as Metaphosphoric acid, is an inorganic material, which is white in color and commercially available in powder and solid form. The aluminum metaphosphate consists of aluminum and phosphorus. Aluminum metaphosphate is a high-temperature material and is used as a flux, abrasive, binder or as polishing agent in the production of many different applications. The major use of aluminum metaphosphate is in the manufacturing of optical glass, glazes and enamels. Furthermore, according to Organisation Internationale des Constructeurs d’Automobiles, the global automotive market showed 3.1% growth in 2021 as compared to 2020 and according to the US census report, the US new privately-owned housing showed around 15% growth in 2021 as compared to 2020Thus, the growth of the automotive and housing industry is propelling the market growth. Many industries across the globe have faced several challenges due to the COVID-19 pandemic. The fall in the industrial output has impacted the growth of Aluminum metaphosphate during the initial COVID-19 phase. With the pause in industrial production and distribution, the demand and consumption of Aluminum Metaphosphate have been hampered to an extent.

Aluminum Metaphosphate Market Report Coverage

The “Aluminum Metaphosphate Market Report – Forecast (2022-2027)” by IndustryARC, covers an in-depth analysis of the following segments in the Aluminum Metaphosphate industry.

By Purity: Less Than or Equal to 98.5% Purity and Above 98.5% Purity.
By Grade: Food grade, Reagent and Technical grade, USP Grade and Others.
By Application: Optical Glass, Enamels, Glazes, Battery, Pottery, Cement and Others.
By Packaging: Composite Paper Bags, Plastic lines/coated bags and Poly Bottles.
By End-use Industry: Automotive (Light Commercial Vehicle and Heavy Commercial Vehicle), Building and Construction (Residential, Commercial and Industrial and Infrastructural), Industrial and Infrastructural, Food and Beverage, Agriculture, Pharmaceutical and Others.
By Geography: North America (the USA, Canada and Mexico), Europe (the UK, Germany, France, Italy, the Netherlands, Spain, Belgium and the Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia and the Rest of APAC), South America (Brazil, Argentina, Colombia, Chile and the Rest of South America) and the Rest of the World (the Middle East and Africa).

Key Takeaways

  • Asia-Pacific dominates the Aluminum Metaphosphate market, owing to the increasing production and demand for chemical products in Asia-Pacific. This increase in production and demand can be attributed to the increasing urbanization, growing per capita income and massive population in Asia-Pacific countries.
  • The notable use of Aluminum metaphosphate in the optical glass segment is expected to provide a significant growth opportunity to increase the Aluminum metaphosphate market size in the coming years. As per Organisation Internationale des Constructeurs d’Automobiles, all vehicle production reached 80 million units in 2021, up from 77.7 million units in 2020.
  • The notable demand for optical glasses in a range of industries such as automotive, construction and marine are driving the growth of the Aluminum Metaphosphate market.
  • Increase in demand for high-purity Aluminum Metaphosphate in food and pharmaceutical is expected to provide substantial growth opportunities for the industry players in near future in the Aluminum Metaphosphate industry.

Figure: Aluminum Metaphosphate Market Revenue Share, By Geography, 2021 (%)
Aluminum Metaphosphate Market
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Aluminum Metaphosphate Market Segment Analysis – by Application

The optical glass segment held the largest share in the Aluminum Metaphosphate Market in 2021 and is estimated to grow at a CAGR of 5.2% during the forecast period. Due to its high content of P2O5, it is an ideal source for glassy materials. It is mainly used to produce optical glass, filtering glass and laser glass. Aluminum Metaphosphate is a nanopowder and high-purity material which makes it an ideal material for optical glass. The optical glass market growth is increasing worldwide due to growing applications in the automotive, defense and construction end-use industry. Thus, the growth in the use of optical glasses across end-use industries is expected to account for significant growth in the Aluminum Metaphosphate industry.

Aluminum Metaphosphate Market Segment Analysis – by End-use Industry

The automotive segment is expected to grow at the fastest CAGR of 6.5% during the forecast period in the Aluminum Metaphosphate Market. Aluminum metaphosphate, also known as Metaphosphoric acid, is an inorganic material and is most extensively used in the production of optical glasses. Optical glasses are largely used in several industries such as construction, automotive, marine and defense. According to the International Energy Agency, there were about 16.5 million electric vehicles in 2021. Thus, the growth in the automotive industry after a rebound in the semiconductor market is boosting the growth of the Aluminum Metaphosphate market.

Aluminum Metaphosphate Market Segment Analysis – by Geography

Asia-Pacific held the largest share (up to 41.0%) in the Aluminum Metaphosphate market in 2021. This growth is mainly attributed to the presence of numerous end-use industries such as food and beverages, agriculture, pharmaceutical, automotive and others. Growth in urbanization and an increase in disposable income in this region have further boosted the industrial growth in this region. Aluminum metaphosphate is extensively used in the production of optical glass, enamels, glazes and others which are further utilized in several end-use industries. Also, Asia-Pacific is one of the major regions in automotive production which provides substantial growth opportunities for the companies in the region. According to Organisation Internationale des Constructeurs d’Automobiles, China accounted for around 33% of the world's automotive production whereas Japan and India accounted for 10% and 5%, respectively, of the global automotive production. Thus, the significant growth in several end-use industries in this region also boosts the growth of the Aluminum Metaphosphate market. 

Aluminum Metaphosphate Market Drivers

Growth in Automotive Industry:

Aluminum Metaphosphate, also known as Metaphosphoric acid, is widely used in the production of glass and glazes which are further used in the production process of different end-use industries. In the automotive industry, aluminum metaphosphate is majorly used in glass and battery applications. As per OICA, the total vehicle production reached 80 million units in 2021, up from 77.7 million units in 2020. It is expected that after 2024, automotive production would grow in double digits due to the rise in the demand for semiconductor and chip production. Thus, the global growth in demand for automotive is propelling the growth and is expected to account for a significant share of the Aluminum Metaphosphate market size.

Increasing Demand from Food and Pharmaceutical Industry:

The adoption of a healthy and sustainable diet has led to rising demand for food items, thereby increasing the global production level of food items. As per US Food and Agriculture Organization, in 2019, global fruit production went up to 883 million tonnes, showing an increase of 54% from 2000, while global vegetable production was 1128 million tonnes, showing an increase of 65%. Furthermore, world meat production reached 337 million tonnes in 2019, showing an increase of 44% from 2000. Aluminum metaphosphate is majorly used as a food additive in baked and processed food. It is also used in the pharmaceutical industry for drug formulation. It is expected that in near future, the penetration of aluminum metaphosphate would increase in pharmaceutical drugs application. According to the India Brand Equity Foundation, the Indian pharmaceutical market reached an estimated value of $42 billion and is expected to reach $130 billion by 2030. Thus, the surge in the food and pharmaceutical industry is boosting the growth of the Aluminum Metaphosphate market.

Aluminum Metaphosphate Market Challenge

Adverse Impact of Aluminum Metaphosphate on Health:

Aluminum Metaphosphate can cause irritation in the eye, skin and respiratory system. Prolonged exposure to and inhalation of aluminum metaphosphate may cause irritation to the nose, eyes and throat and can also damage to the lungs. The workers who are exposed to aluminum metaphosphate for more than two or three years have witnessed upper respiratory tract irritation and eye damage. Aluminum metaphosphate is considered hazardous by the 2012 Occupational Safety and Health Administration Hazard Communication Standard. Thus, the adverse impact of Aluminum Metaphosphate may hamper the market growth.

Aluminum Metaphosphate Industry Outlook

The top 10 companies in the Aluminum Metaphosphate market are:

  1. America Elements
  2. Sigma Aldrich
  3. Alfa Aesar
  4. Nippon Chemical Industrial
  5. Ereztech
  6. ChemPUR
  7. Shanghai Mintchem Development Co. Ltd.
  8. ProChem, Inc.
  9. Hunan Heaven Materials Development Co. Ltd.
  10. Shijiazhuang Xinsheng Chemical

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1. Aluminum Metaphosphate Market - Market Overview
    1.1 Definitions and Scope
2. Aluminum Metaphosphate Market - Executive Summary
    2.1 Key Trends by Packaging
    2.2 Key Trends by Grade
    2.3 Key Trends by Purity
    2.4 Key Trends by Application
    2.5 Key Trends by End-use Industry
    2.6 Key Trends by Geography
3. Aluminum Metaphosphate Market – Comparative analysis
    3.1 Market Share Analysis - Major Companies
    3.2 Product Benchmarking - Major Companies
    3.3 Top 5 Financials Analysis
    3.4 Patent Analysis - Major Companies
    3.5 Pricing Analysis (ASPs will be provided)
4. Aluminum Metaphosphate Market - Startup companies Scenario Premium Premium
    4.1 Major startup company analysis:
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Product portfolio
        4.1.4 Venture Capital and Funding Scenario
5. Aluminum Metaphosphate Market – Industry Market Entry Scenario PremiumPremium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing Business Index
    5.3 Successful Venture Profiles
    5.4 Customer Analysis – Major companies
6. Aluminum Metaphosphate Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porter's Five Force Model
        6.3.1 Bargaining Power of Suppliers
        6.3.2 Bargaining Powers of Buyers
        6.3.3 Threat of New Entrants
        6.3.4 Competitive Rivalry
        6.3.5 Threat of Substitutes
7. Aluminum Metaphosphate Market – Strategic Analysis
    7.1 Value/Supply Chain Analysis
    7.2 Opportunity Analysis
    7.3 Product/Market Life Cycle
    7.4 Distributor Analysis – Major Companies
8. Aluminum Metaphosphate Market – by Packaging (Market Size – US$Million/Billion)
    8.1 Bags
    8.2 Bottles
    8.3 Others
9. Aluminum Metaphosphate Market – by Grade(Market Size - US$Million/Billion)
    9.1 Food Grade
    9.2 Reagent and Technical Grade
    9.3 USP Grade
    9.4 Others
10. Aluminum Metaphosphate Market – by Purity (Market Size - US$Million/Billion)
    10.1 Less than or Equal to 98.5% Purity
    10.2 More than 98.5% Purity
11. Aluminum Metaphosphate Market – by Application (Market Size - US$Million/Billion)
    11.1 Glasses
    11.2 Enamels
    11.3 Battery
    11.4 Cement
    11.5 Glazes
    11.6 Pottery
    11.7 Others
12. Aluminum Metaphosphate Market – by End-use Industry (Market Size - US$Million/Billion)
    12.1 Automotive
        12.1.1 Passenger Vehicles (PVs)
        12.1.2 Light Commercial Vehicle (LCVs)
        12.1.3 Heavy Commercial Vehicle (HCVs)
    12.2 Building &Construction
        12.2.1 Residential
        12.2.2 Commercial
        12.2.3 Industrial
        12.2.4 Infrastructural
    12.3 Food & Beverages
    12.4 Agriculture
    12.5 Pharmaceutical
    12.6 Others
13. Aluminum Metaphosphate Market - by Geography (Market Size - US$Million/Billion)
    13.1 North America
        13.1.1 The USA
        13.1.2 Canada
        13.1.3 Mexico
    13.2 Europe
        13.2.1 The UK
        13.2.2 Germany
        13.2.3 France
        13.2.4 Italy
        13.2.5 The Netherlands
        13.2.6 Spain
        13.2.7 Belgium
        13.2.8 The Rest of Europe
    13.3 Asia-Pacific
        13.3.1 China
        13.3.2 Japan
        13.3.3 India
        13.3.4 South Korea
        13.3.5 Australia and New Zealand
        13.3.6 Indonesia
        13.3.7 Taiwan
        13.3.8 Malaysia
        13.3.9 The Rest of APAC
    13.4 South America
        13.4.1 Brazil
        13.4.2 Argentina
        13.4.3 Colombia
        13.4.4 Chile
        13.4.5 The Rest of South America
    13.5 The Rest of the World
        13.5.1 The Middle East
        13.5.2 Africa
14. Aluminum Metaphosphate Market – Entropy
    14.1 New Product Launches
    14.2 M&As, Collaborations, JVs and Partnerships
15. Aluminum Metaphosphate Market – Industry/Competition Segment AnalysisPremium
    15.1 Company Benchmarking Matrix – Major Companies
    15.2 Market Share at Global Level - Major companies
    15.3 Market Share by Key Region - Major companies
    15.4 Market Share by Key Country - Major companies
    15.5 Market Share by Key Product Type/Product category - Major companies
16. Aluminum Metaphosphate Market – Key Company List by Country Premium Premium
17. Aluminum Metaphosphate MarketCompany Analysis - Business Overview, Product Portfolio, Financials and Developments
    17.1 Company 1
    17.2 Company 2
    17.3 Company 3
    17.4 Company 4
    17.5 Company 5
    17.6 Company 6
    17.7 Company 7
    17.8 Company 8
    17.9 Company 9
    17.10 Company 10 and more
* "Financials would be provided to private companies on best-efforts basis."
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