A higher demand for medical electronics such as pacemakers, defibrillators, drug-releasing pumps, hearing aids, diagnostic equipment etc. is providing the coating industry with some significant market opportunities. The manufacture of lower priced devices which are produced in higher volumes (for example personal health monitors) is continuing to be moved offshore to take advantage of the lower cost of production.

One of the most important drivers aiding the growth of engineering plastics compounds are unexplored opportunities of replacing metals not only in automobiles, but also in the application areas of household appliances, construction, and infrastructure, to list down a few.

The production of domestic phosphate rock in 2019 was reduced by the temporary closure of one mine in Florida and the reduction of phosphate rock inventories by companies. Because of lower output of phosphoric acid and fertiliser, domestic consumption was 4 % lower.

For optimum crop production in relation to fertiliser, phosphorus is an essential macronutrient. Bone meal, fertiliser, and superphosphate rocks are the source of phosphorus.

Growing population growth leads to a growing market of food in these countries, leading to increased demand in countries such as India, China, Mexico and Indonesia. In addition, changes in household patterns have led to an increase in the demand for detergents in these countries.