LP Information reports growth in calcium phosphate and phosphor bronze markets

LP Information has released two new industry reports detailing market trends for food-grade calcium phosphate salts and phosphor bronze strips.

The food-grade calcium phosphate salt market is projected to grow from approximately $455 million in 2025 to $608 million by 2032, representing a compound annual growth rate (CAGR) of 4.27%. Demand is driven by the baking industry, dairy, and nutritional supplements. Key players include Innophos, ICL, and Budenheim, alongside expanding Chinese manufacturers leveraging integrated supply chains.

The phosphor bronze strips market is expected to rise from $3.486 billion in 2025 to $4.647 billion by 2032, with a CAGR of 4.20%. This sector serves the electronics, automotive, and data communications industries. Notably, JX Advanced Metals has announced plans to phase out phosphor bronze strip production between January 2026 and March 2028, which may prompt suppliers to seek new certifications.