Market Report

Sodium Diethyl Dithiophosphate Market Overview Sodium Diethyl Dithiophosphate Market size is forecast to reach US$ 1.5 billion by 2026, after growing at a CAGR of 3.5% during 2021-2026. Along with other thiophosphates like sodium monothiophosphate and sodium trithiophosphate, sodium diethyl dithiophosphate is supplied as a hydrated solid or aqueous solution. Globally, the rising use of sodium diethyl dithiophosphate salt as a flotation agent in molybdenite mineral concentration from ores that is formed by the reaction of phosphorus pentasulfide to sodium hydroxide is estimated to drive the market growth. Increasing usage of sodium diethyl dithiophosphate as raw materials in the products and end use industries is anticipated to surge the growth of the sodium diethyl dithiophosphate industry over the forecast period. Moreover, with the rising consumption of fertilizers or agrochemicals in various regions sodium diethyl dithiophosphate market will boost in the projected time frame. Impac...