Purified phosphoric acid (PPA) has high competitive advantages and is expected to accelerate its market share in the future.

Purified phosphoric acid, referred to as PPA, also known as purified wet phosphoric acid, refers to a phosphoric acid product prepared through a wet process and a purification process. Phosphoric acid is an important raw material in the phosphorus chemical industry and is mainly produced through two processes: thermal and wet. The wet phosphoric acid process refers to a method of decomposing phosphate rock powder by inorganic acids such as sulfuric acid, nitric acid, and hydrochloric acid to obtain phosphoric acid. This method has the advantages of low production cost, low energy consumption, simple equipment, and the disadvantages of low purity of the output product, but this method The shortcomings can be improved through purification processes.

The purity of the wet phosphoric acid product can be greatly improved after the purification process, that is, a purified phosphoric acid product is generated. At present, wet phosphoric acid purification methods mainly include crystallization method, solvent extraction method, chemical precipitation method, solvent precipitation method, ion exchange resin method, etc. Among them, the solvent extraction method is currently the main method for preparing and purifying phosphoric acid. It refers to a method that uses one or more solvents to mix and process wet phosphoric acid, and realizes the separation and purification of phosphoric acid and impurities through extraction. It has the advantages of simple process, low energy consumption and high product purity. , small environmental pollution, and can meet the advantages of continuous industrial production.

my country’s wet phosphoric acid industry started relatively late. At present, thermal phosphoric acid still accounts for more than 70% of the phosphoric acid market, while wet phosphoric acid accounts for less than 30%, resulting in a low market share of purified phosphoric acid. According to the “China Purified Phosphoric Acid (PPA) Industry Market Monitoring and Future Development Prospects Research Report 2023-2027” released by the Industrial Research Center It shows that domestic purified phosphoric acid production will be around 1 million tons in 2022, and the market share is still at a low level.

However, compared with thermal phosphoric acid products, purified phosphoric acid has higher production efficiency and less environmental pressure, and the product purity is equivalent to that of thermal phosphoric acid. In the context of the continuous advancement of domestic dual-carbon goals and the vigorous implementation of environmental protection and energy-saving policies, its competitive advantages Stronger. In the future, it will be the general trend to replace thermal phosphoric acid with purified phosphoric acid, and the market development potential is huge. At present, the domestic companies that are in the purified phosphoric acid market mainly include Wengfu Group, Yunnan Yuntianhua, Kunming Chuanjinnuo Chemical, Yidu Xingfa Chemical, Sinochem Chongqing Fuling Chemical, Hubei Sanning Chemical, Jinzhengda Ecological Engineering Group, etc.

Phosphoric acid is an important chemical raw material, and the main downstream product is phosphate fertilizer. In the context of the increasingly prominent importance of food security, the country attaches great importance to the stable production and supply of food and agricultural products. The extension of the high agricultural boom has driven the demand for phosphate fertilizer to continue to rise. The demand for phosphoric acid is huge and shows Steady growth trend. In the future, as purified phosphoric acid accelerates its replacement of thermal phosphoric acid, it is expected to become a key raw material for the production of phosphate fertilizer market.

Industry AnalysisIndividuals said,In addition, lithium iron phosphate batteries are an emerging product downstream of the phosphoric acid market. They have high requirements for product purity and are the main demand side for purified phosphoric acid. With the rapid development of the domestic new energy automobile industry, lithium iron phosphate batteries The strong demand for batteries will continue to benefit the development of the purified phosphoric acid market. At present, there are a large number of iron phosphate projects and supporting purified phosphoric acid projects under construction in China. In the future, as the projects are accelerated and put into production, my country’s purified phosphoric acid production will continue to increase, the market share will continue to increase, and the industry development potential is huge.