Uploaded on Oct 8, 2020
Global Phosgene Market was valued at US$ 4,020.8 million in 2019 and is expected to reach US$ 5,727.9 million by 2027, at a CAGR of 5.4 % during the forecast period. https://www.maximizemarketresearch.com/market-report/global-phosgene-market/68891/
Global Phosgene Market
Global Phosgene Market was valued at US$ 4,020.8 million in 2019 and is
expected to reach US$ 5,727.9 million by 2027, at a CAGR of 5.4 % during the
forecast period.
The report study has analyzed the revenue impact of COVID-19 pandemic on the
sales revenue of market leaders, market followers, and market disrupters in
the report, and the same is reflected in our analysis.
Definition:
Phosgene is a colorless gas. Its odor is unpleasant and is found in volcanoes
but in a very small amount.
Market Overview:
In various industries like construction, automotive, agriculture and textile
there is an increasing demand of MDI, TDI, and Polycarbonate resins which
boost the global phosgene market. Phosgene has high demand in market due its
use in chemical industries, pharmaceutical and agrochemical. It is commonly
used to produce pesticides and dyes.
Metal industry also has high demand for phosgene and may boost the market size
due to its use for platinum, plutonium, uranium, and niobium metal extraction.
The production of aluminum chloride and beryllium chloride phosgene are used
in chemical industries.
On the other hand, phosgene causes respiratory disorders like suffocation
because it is highly toxic. This can be avoided by taking all important
precautions while handling this compound.
Market Segmentation:
Based on derivatives, the market is divided into MDI, TDI and polycarbonate
resins.
MDI is expected to dominate the market during the forecast period due to its
use in non-foam applications for example paints and coatings, sealants, in
reaction injection-molding, spandex fibers and high performance elastomers.
Regional analysis:
Region-wise, North America, Asia Pacific, and Western Europe are expected to
be main regions in the phosgene market. North America and Western Europe are
implementing various changes in production methods of chemicals and
applications in various industries which is estimated to drive the demand for
phosgene market in these regions. Asia Pacific is estimated a significant
growth in phosgene market because of its high demand in industries such as
marine, industrial, construction, automotive & transportation, etc. Middle
East and Africa is expected to be developing regions in phosgene market.
The objective of the report is to present a comprehensive analysis of the
Global Phosgene Market including all the stakeholders of the industry. The
past and current status of the industry with forecasted market size and trends
are presented in the report with the analysis of complicated data in simple
language. The report covers all the aspects of the industry with a dedicated
study of key players that includes market leaders, followers, and new
entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-
economic factors of the market have been presented in the report. External as
well as internal factors that are supposed to affect the business positively
or negatively have been analyzed, which will give a clear futuristic view of
the industry to the decision-makers.
The report also helps in understanding Global Phosgene Market dynamics,
structure by analyzing the market segments and project the Global Phosgene
Market size. Clear representation of competitive analysis of key players by
type, price, financial position, Product portfolio, growth strategies, and
regional presence in the Global Phosgene Market make the report investor’s
guide.
https://www.maximizemarketresearch.com/market-report/global-phosgene-
market/68891/
Scope of the Global Phosgene Market
Global Phosgene Market, By Derivatives
• MDI
• TDI
• Others
Global Phosgene Market, By Application
• Agrochemicals
• Pharmaceuticals
• Polycarbonates
• Fine Chemicals
• Dyes
• Specialty Chemicals
• Others
Global Phosgene Market, By Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in the Global Phosgene Market
• Bayer AG (Germany)
• VanDeMark Chemical Inc. (US)
• Wanhua Chemical Group Co. Ltd (China)
• Vertellus Holdings LLC (US)
• Atul Ltd (India)
• Paushak Ltd (India)
• UPL (India)
• ISOCHEM (France)
• H. Products (Germany)
• BASF SE (Germany)
• Dow Chemical
• PPG Industries
• DuPont
• Rubican
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