A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global phosphorus
trichloride market.
The study, titled “Phosphorus
Trichloride Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast 2014 - 2020”,
is available for sale on the firm’s website.
Phosphorus
trichloride is a versatile industrial chemical, being used for the
manufacture of organophosphorus compounds for a wide variety of
applications. Phosphorus trichloride is a colorless fuming liquid
with a high melting point. Phosphorus trichloride is incompatible
with metals, water, fluorine, acids and variety of organic materials
including alcohols, acids and reducing agents. Phosphorus trichloride
is manufactured by the reaction of chlorine with white phosphorus,
with continuous removal of phosphorus trichloride as it is formed.
The production of phosphorus trichloride is controlled under the
Chemicals Weapons Convention and the chemical is listed in schedule
3.
Get
PDF Brochure for more Professional and Technical insights :
Phosphorus
trichloride is used as a precursor to phosphorus pentachloride,
phosphoryl chloride and thiophosphoryl chloride which are used in
numerous applications, including insecticides, herbicides, oil
additives and flame retardants. Phosphorus trichloride is also used
as a reagent in organic synthesis. Phosphorus trichloride is used to
convert secondary and primary alcohols into carboxylic acids and
alkyl chlorides. Furthermore, phosphorus trichloride can be used to
manufacture gasoline additives, surfactants, textile finishing agents
and medicinal products among others. Phosphorus trichloride is toxic,
with a concentration of 600 ppm being lethal to animals and plants.
Phosphorus trichloride is classified as corrosive and toxic under EU
Directive.
The growth in
glyphosate herbicide market is increasing the global consumption of
phosphorus trichloride. The consumption of phosphorus trichloride is
growing in excess of demand for other phosphorus chemicals. The
increase in demand from fertilizer industry is expected to be a major
driving factor for the growth of phosphorus trichloride market. The
global phosphorus trichloride demand is increasing due to growing
food demand and increase in world population. In addition, increasing
consumption of oil additives from emerging economies of Latin America
and Asia Pacific is expected to increase the consumption of
phosphorus trichloride. However, availability of substitutes and
government regulations could hamper the growth of this market.
Asia Pacific is
currently the fastest growing market for phosphorus trichloride
followed by North America and Europe. China and India are the largest
consumers of phosphorus trichloride in Asia Pacific due to presence
of an established agricultural and fertilizer industry. Bangladesh,
Kazakhstan, Malaysia and Indonesia are other major consumers of
phosphorus trichloride in Asia Pacific. The market in Europe is
expected to witness moderate growth as compared to the historic
growth experienced by the region. North America is a mature
market and expected to experience slow to moderate growth.
Browse Market Research Report with ToC & Analysis :
The market is
dominated by large and medium agricultural and chemical corporations.
Some of the key players in this market are LianYunGang Dongjin
Chemical Co., Ltd. (China); Binhai Wuzhou Chemical Co., Ltd.(China),
Yixing Dongchang Chemical Co., Ltd.(china), Solvay chemicals (U.S.),
Alfa Aesar (U.S.), A. B. Enterprises (India), Triveni Aromatics And
Perfumery Private Limited (India), Lanxess AG (Germany), PK
Chlorochem Private Limited (India), Sabero Organics Gujarat Limited
(India), Potash Corporation of Saskatchewan (Canada), Wuhan Rison
Trading Co., Ltd.(China), Guangzhou Zoron Chemical Technology co.
ltd.(China), Shanghai Fopol Chem-Tech Industry Co., Ltd. (China),
Mosaic Company (U.S.), Monsanto Company (U.S.) and Akzo Nobel N.V
(Netherlands) among others. The top players have adopted different
marketing strategies to accelerate the industry growth. Companies are
using strategic acquisitions to broaden their product portfolio and
increase their market share. In addition, companies are
increasing their presence in key markets of Asia Pacific and Latin
America to remain competitive in the market.
This research
report analyzes this market on the basis of its market segments,
major geographies, and current market trends.
Geographies
analyzed under this research report include
-
North America
-
Asia Pacific
-
Europe
-
Rest of the World
-
Market growth drivers
-
Factors limiting market growth
-
Current market trends
-
Market structure
-
Market projections for upcoming years
About
Us
Transparency
Market Research (TMR) is a market intelligence company, providing
global business information reports and services. Our exclusive blend
of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. TMR's
experienced team of Analysts, Researchers, and Consultants, use
proprietary data sources and various tools and techniques to gather
and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
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Us
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Market Research
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