Data Bridge Market Research analyses that the phosphorus trichloride market was valued at USD 1.63 billion in 2021 and is expected to reach USD 2.24 billion by 2029, registering a CAGR of 4.06 % during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.     

The phosphorus trichloride market is majorly driven by rising demand for manufacturing commodities such as agrochemicals and chemicals. Phosphorus trichloride are used in a several water treatment processes as corrosion inhibitors, cleaners, chelating agents, and anti-scaling agent which is expected to drive the market growth. The surging demand for agrochemicals to meet the increasing consumption needs of rapidly increasing population is another major factor for market growth. Phosphorus trichloride is also a necessary industrial chemical because it is used to manufacture many other important chemicals.

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Market Analysis and Insights 

Phosphorus trichloride is the most common inorganic phosphorus halides compound made up of one phosphorus and three chlorine atoms. It exists in a liquid state and volatile in nature. Phosphorus trichloride is a very reactive in nature and It shows explosivity when it reacts with water. Phosphorus trichloride cannot be acquired from nature in its natural form. It is obtained only from the synthesis of organic substances. Phosphorus trichloride is very corrosive, poisonous and toxic in nature, hence, it should not come in direct contact with skin and eyes, and it also should not be directly ingested or inhaled.

Phosphorus trichloride is used as an intermediate to produce other chemicals compound and also form variety of products which will used in numerous applications like agricultural products, additives for lubricants, surfactants, metal extractants, flame retardants, stabilizers for plastics, etc. Due to several product formation increases the demand for phosphorus trichloride, which is expected to drive the market growth rate.

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Phosphorus Trichloride Market Scope

The phosphorus trichloride market is segmented on the basis of type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Superior Grade
• First Grade
• Sequestrants
• Others

 Application

• Chemical Intermediate
• Agrochemicals
• Gasoline Additive
• Plasticizer
• Pharmaceuticals
• Others

Competitive Landscape and Phosphorus Trichloride Market Share Analysis

The phosphorus trichloride market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to phosphorus trichloride market.

 Some of the major players operating in the  Phosphorus Trichloride market are,

• Bayer AG (U.S.)
• Solvay (Belgium)
• Merck KGaA (Germany)
• LAXNESS (Germany)
• PCC Rokita Spólka Akcyjna (Poland)
• ICL (Israel)
• SANDHYA GROUP (India)
• Parchem fine & specialty chemicals (U.S.)
• Xuzhou Jianping Chemical Co., Ltd (China)
• Anhui Guangxin Agrochemical Co., Ltd. (China)
• Excel Industries Ltd (India)
• Shandong Futong Chemical Co., Ltd. (China)
• Henan Qingshuiyuan Technology Co., Ltd. (China)
• Jiangsu Tianyuan Chemical Co., Ltd. (China)
• Jiangsu Yoke Technology Co., Ltd. (China)
• Shandong Yangmei Hengtong Chemical Co., Ltd. (China)
• UPL Limited (India)
• Xuzhou Jianping Chemical Co., Ltd. (China)
• Xuzhou Yongli Fine Chemical Co., Ltd. (China)
• Zhejiang Xinan Chemical Industrial Group Co., Ltd, (China)

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