Phosphorus Trichloride Industrial and Market studies - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2020
"Phosphorus
Trichloride Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast 2016 - 2020"
The Report covers current Market Trends, Worldwide Analysis, Global
Forecast, Review, Share, Size, Growth, Effect.
Description-
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. 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.
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
This report provides
comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This
report is a complete study of current trends in the market, industry
growth drivers, and restraints. It provides market projections for
the coming years. It includes analysis of recent developments in
technology, Porter’s five force model analysis and detailed
profiles of top industry players. The report also includes a review
of micro and macro factors essential for the existing market players
and new entrants along with detailed value chain analysis.
Reasons for Buying this
Report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a six-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
- It provides distinctive graphics and exemplified SWOT analysis of major market segments
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