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microplastics.com

Stage

Acquired | Acquired

About Micro Plastics

Micro Plastics is a manufacturer and distributor of nylon fasteners and other plastic components for a wide range of industrial end-markets, including general industrial, automotives and white goods.

Micro Plastics Headquarters Location

111 Industry Lane

Flippin, Arkansas, 72634,

United States

800-466-1467

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Micro Plastics Patents

Micro Plastics has filed 1 patent.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

11/4/2014

4/12/2016

Grant

Application Date

11/4/2014

Grant Date

4/12/2016

Title

Related Topics

Status

Grant

Latest Micro Plastics News

09:00 EDT Burgeoning Demand for Plastics Products to Position Phosphorus Trichloride Market at US$ 2.48 Bn by 2032

Jun 8, 2022

News provided by Share this article Phosphorus Trichloride Demand Fueled by Increased Use of Agrochemicals A comprehensive study by Fact.MR on the global phosphorus trichloride market provides an unbiased analysis on the key governing factor facilitating sales during the assessment period 2022-2032. The study also offers detailed insights into emerging trend and opportunities that are accelerating demand for phosphorus trichloride across segments including type and application. NEW YORK, June 8, 2022 /PRNewswire/ -- The global phosphorus trichloride market is projected to generate an absolute dollar opportunity worth US$ 798.6 Mn by the end of 2032 . Growing usage of phosphorus trichloride as an intermediate for the production of various chemicals such as phosphites and triphenylphosphine is estimated to push sales in the market past US$ 1.68 Bn by 2022. Plastic product manufacturers are emphasizing on expanding their production capacities to cater to the surging demand. For instance, in May 2022, Micro Plastics India Ltd., a leading manufacturer of high-quality plastic products announced investing US$ 64.4 Mn for setting up a new plastic toys manufacturing facility in Tamil Nadu, India. As phosphorus trichloride is extensively used as a plasticizer in the manufacturing of plastics products, a multiplicity of such developments are expected to augment growth. Driven by this, sales of phosphorus trichloride are projected to exceed US$ 2.48 Bn by the end of 2032, rising at a CAGR of 4% during the forecast period. For Comprehensive Market Insights, Get A Sample Report! With growing population and increasing demand for food, governments in various countries are undertaking initiatives such as providing subsidies and discounts on the purchase of agrochemicals such as fertilizers and pesticides to increase agricultural yield. Since, phosphorus trichloride plays a vital role in the production of volume herbicides, pesticides, glyphosate, and organophosphate insecticides, increasing sales of above-mentioned agrochemicals will to bolster the demand in the market. Key Takeaways: The U.S. is expected to account for the dominant share in the North America market, exhibiting growth at a CAGR of 3% during the forecast period. Sales of phosphorus trichloride in the U.K. is estimated to rise at a swift CAGR, assisting the Europe market to account for around 26.2% of the total revenue share in 2021. China is forecast to emerge as a highly lucrative market for phosphorus trichloride, owing to the growing plastics manufacturing activities in the country. India is anticipated to account for a significant share in the South Asia & Oceania market, driven by the rising emphasis on increasing agriculture productivity and sales of agrochemicals. In terms of grade, the pure grade segment is projected to exhibit robust growth, accounting for around 81.3% of the overall sales in the market. Growth Drivers: Rising incidence of forest fire and fire breakout in the urban areas along with growing application of phosphorus trichloride in production of flame retardants is augmenting the demand in the market. Growing applications of pure grade phosphorus trichloride in the production of pesticides, herbicides, and flame retardants owing to the lower cost in comparison to analytical grade is favoring the growth in the segment. Restraints: Increasing implementation of stringent regulations regarding the use of concentrated fertilizers, insecticides, pesticides, and others is hindering the sales across the organophosphorus pesticide segment. Side effects such as emphysema, loss of appetite, dizziness, headache, and vomiting due to the exposure to phosphorus trichloride are impeding its usage in commercial applications, thereby, hampering the growth in the market. Get Customization on this Report for Specific Research Solutions   Competitive Landscape: Leading manufacturers in the global phosphorus trichloride market are focusing on strategies such as production capacity expansion, partnership, collaboration, and acquisition to gain a competitive edge in the market. For instance, In February 2022, Mosaic Company, a global leader in the crop nutrient industry, announced acquiring a leader in agricultural biological and biotechnology, Plant Response, to increasing the production of agrochemicals. In January 2022, Syngenta, a leading agriculture company announced acquiring two next generation bioinsecticides, UniSpore® and NemaTrident®, from Bionema, a U.K.-based biocontrol technology developer. Key Companies Profiled by Fact.MR Syngenta Crop Protection AG Nutrien Ltd. Lanxess What is the estimated revenue of the phosphorus trichloride market during the forecast period? Which are the challenges faced in the phosphorus trichloride market? Which region is estimated to exhibit fastest growth rate in the global phosphorus trichloride market during 2022-2032? What is the projected market valuation of the phosphorus trichloride market in 2022? Which are the factors driving the phosphorus trichloride during 2022-2032? What is the expected growth rate of the phosphorus trichloride market until 2032? Explore Fact.MR's Coverage on the Chemical & Materials Domain Phosphorus Based Catalyst Market : Phosphorus based catalysts are finding a wide range of applications in the production of detergents, fertilizers, water treatment chemicals, flame retardants, and metal finishing among others. Hence, surging demand for aforementioned products is expected to bolster the sales of phosphorus based catalysts in the market. Phosphate Rock Market : With growing emphasis on increasing agricultural productivity, there is a robust surge in the demand for fertilizer, pesticides, herbicides, and other agrochemicals. As phosphate rock is extensively being used in agriculture products, growing consumption of agrochemicals is estimated to augment the sales at 2.75% CAGR through 2032. Hypophosphorous Acid Market : Demand for hypophosphorous acid is rapidly increasing, owing to the rising applications as a stabilizing agent and decolorizing agent in the production of plastic & polymer compounds. Hence, growing sales of products such as polyester fiber, nylon fibers, epoxies, alkyd resins, polyamides polyacrylonitrile, and others are anticipated to bolster the demand in the market. X-Linked Hypophosphatemia Market : The report on x-linked hypophosphatemia market elucidates the market potential across key geographies. By virtue of a sound healthcare infrastructure, Americas is anticipated to offer stellar business opportunities for market players of x-linked hypophosphatemia market Ammonium Phosphatide Market : In 2018, the ammonium phosphatide market exceeded US$ 38.5 million, and it is likely to grow consistently at 6.1% per annum during 2018-2028. Glyphosate Market : the overall sales in the glyphosate market witnessed a massive decline due to the Covid-19 crisis as lockdown was implemented and all the factorial units were closed which led the manufacturing companies to face immense losses. Caprylhydroxamic Acid Market : According to Fact.MR's latest market study, Caprylhydroxamic acid demand is anticipated to grow at a CAGR of around 5.6% during 2021-31, owing to the ever-increasing demand from the cosmetics and pharmaceutical industry. Polyurea Market : A recent market study published by Fact.MR on the Polyurea market offers global industry analysis for 2017-2021 and opportunity assessment for 2022-2032. Polyisobutene Market : A recent market study published by Fact.MR on the Polyisobutene market offers global industry analysis for 2017-2021 and opportunity assessment for 2022-2032. About Fact.MR Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence . Spanning a wide range – from automotive & industry 4.0 to healthcare, chemical and materials, to even the most niche categories. 80% of Fortune 1000's trusts us in critical decision making. Contact:

  • Where is Micro Plastics's headquarters?

    Micro Plastics's headquarters is located at 111 Industry Lane, Flippin.

  • What is Micro Plastics's latest funding round?

    Micro Plastics's latest funding round is Acquired.

  • Who are the investors of Micro Plastics?

    Investors of Micro Plastics include Essentra.

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