U.S. Tetrakis Hydroxymethyl Phosphonium Sulfate (THPS) Prices 2025, Trend, Chart and Forecast
Tetrakis Hydroxymethyl Phosphonium Sulfate (THPS) is a widely used biocide in various industries, particularly in oil and gas, water treatment, and textiles. The price trends of THPS are influenced by several dynamic factors that shape the global chemical market. One of the primary drivers impacting THPS prices is the fluctuation in raw material costs. Since THPS is synthesized using phosphorus-based compounds and other chemicals, any volatility in phosphorus prices significantly affects THPS production costs. The global supply chain for phosphorus is susceptible to disruptions, geopolitical tensions, and export restrictions from major producers like China. As a result, THPS prices tend to experience periodic surges in response to supply shortages or increased demand. Another critical factor influencing THPS market prices is the demand pattern from key end-use industries. The oil and gas sector, which heavily relies on THPS for controlling microbial growth in drilling fluids and pipeli...