Uploaded on May 3, 2021
Global Phosphorus Trichloride Market: By Application (Chemical Intermediate, Agrochemicals, a Gasoline Additive, Plasticizer, Pharmaceuticals and others) and Region - Forecast till 2027
Phosphorus Trichloride Market Leading Countries, Challenges, Five Forces Analysis, Trends, Drivers, Forecast to 2027ride Market Leading Countries, Challenges, Five Forces Analysis, Trends, Drivers, Forecast to 2027
Title :
Phosphorus Trichloride Market Leading Countries, Challenges, Five Forces Analysis, Trends,
Drivers, Forecast to 2027
Description :
Global Phosphorus Trichloride Market: By Application (Chemical Intermediate, Agrochemicals,
a Gasoline Additive, Plasticizer, Pharmaceuticals and others) and Region - Forecast till 2027
Keywords :
Phosphorus Trichloride Market, Phosphorus Trichloride Industry, Phosphorus Trichloride Market
Size, Phosphorus Trichloride Market Share, Phosphorus Trichloride Market Growth
Phosphorus trichloride Market Analysis
Phosphorus trichloride is a white with a yellow colored chemical compound of phosphorus and
chlorine. The product is majorly used as a chemical intermediate and is a precursor to the formation
of various chemicals such as phosphorus pentachloride (PCl5), phosphoryl chloride (POCl3), and
thiophosphoryl chloride (PSCl3).
The global phosphorus trichloride market is primarily driven by growing demand from its major
application such as chemical synthesis, agrochemicals, gasoline additives, plastic stabilizers,
pharmaceuticals, and others. The chemical synthesis and agrochemicals segment are together
driving the growth of the global phosphorus trichloride market. Phosphorus trichloride is used as a
chemical intermediate in the production of organophosphonates, which are used as cleaners,
chelating agents, corrosion inhibitors, and anti-scaling agent for water treatment, which is likely to
propel the market growth.
The increasing population along with their increasing consumption of food and the lack of arable
land drive the need for agrochemicals, which, in turn, fuels the phosphorus trichloride market
growth. Further, the use of phosphorus trichloride in the production of gasoline and oil additives is
projected to surge the market growth due to the demand for efficient and qualitative fuel from the
transportation and automotive sectors.
Additionally, it is also used as a plasticizer and is a raw material to the drug used for prevention of
heart and sexually transmitted diseases, which may fuel the market growth in the coming years.
Top Key Players
Some of the prominent manufacturers in the global phosphorus trichloride market are
Monsanto Company (the U.S.), Solvay (Belgium), Merck KGaA (Germany), LAXNESS (Germany), PCC
Rokita (Poland), ICL (Israel), SANDHYA GROUP (India), Alfa Aesar, Thermo Fisher Scientific (the U.S.),
Parchem fine & specialty chemicals (New York), and Xuzhou Jianping Chemical Co., Ltd (China).
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Regional Analysis
The global phosphorus chloride market is segmented into five major regions namely Asia Pacific,
North America, Europe, Latin America, and the Middle East & Africa.
The Asia Pacific is expected to dominate the global phosphorus trichloride market due to the high
demand for chemical and agrochemical industries. The use of phosphorus trichloride in the
manufacturing of fertilizers, insecticides, and pesticides is the major driver of the market in this
region owing to the need for better crop productivity and high yield.
The high demand for phosphorus trichloride from robust chemical industries drives the market in
the North American region. Furthermore, the demand for pharmaceuticals in the U.S. drives the
market growth positively.
The chemicals and plastics & polymers industries are the major driver of the phosphorus trichloride
market in the European region.
The Latin American market is driven by the increased product demand for manufacturing plasticizers
with Brazil and Argentina being the major countries.
Lastly, the Middle East & Africa is anticipated to showcase a significant growth on account of the
increasing demand for agrochemicals and pesticides.
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