Skip to main content

Phosphorus Trichloride Market Opportunities in Herbicides, Oil Additives and Flame Retardants Applications, 2020|TMR

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. 
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. 
Labels:
Location: Albany, NY 12207, USA

Comments

Post a Comment

Popular posts from this blog

Superabrasives (Turning, Cutting, Buffing, Drilling, Boring, Grinding) Market Research Report 2025

An abrasive is a material which molds or provides finishing to a work piece through a process which includes buffing, grinding, cutting, as well as polishing. Abrasion typically depends on the difference in the hardness of the material and the abrasive (with the latter being the harder of the two). Unlike regular abrasion where any two solid materials that repeatedly rub against each other tend to wear away, superabrasives possess the kind of hardness that enables them to stay usable for a longer period of time. On the basis of hardness, the top two superabrasives include diamond and cubic boron nitride (CBN). Industrial diamonds used as superabrasives are exceptionally hard materials. However, they display several technological limitations. For instance, when a diamond comes in contact with a ferrous alloy such as steel or a nickel superalloy, the resulting formation of carbide leads to its abrasion. Also, a diamond-containing tool can only be used at moderate temperatures a
Post a Comment
Read more

Industrial Lubricants Market: Strong Demand Across Automotive Industry, Trends To 2025

Lubricants refer to the organic or inorganic material primarily being use to decrease friction between two surfaces in contact. Lubricants play a key role in several industries as well as in commercial and residential sectors. One of their most common uses is in the lubrication of bearings and gears, allowing for their easy movement at high speeds, without loss in energy, prevent excessive generation of heat, or most importantly, prevent damage that would be caused otherwise. Industrial lubricants are, therefore, essential in enhancing the overall efficiency of a machine that contains moving parts in contact with one another. The global industrial lubricants market is currently expanding at a solid growth rate, driven by several factors and spearheaded by the likes of BP, Total, Chevron Corporation, ExxonMobil, and Shell. Browse Market Research Report @  http://www.transparencymarketresearch.com/industrial-lubricants-market.html What Impact has the Oil and Gas Industry Had
Post a Comment
Read more

Rapid Prototyping Market - Rapidly Gaining Importance in Aerospace Sector, Research By 2024

Rapid prototyping is a technique in which the physical modeling of a design is done with the help of specialized machining technology. It was developed initially in the mid-1980s, the principle used in this technology is of solid modeling with the help of computer programs (i.e. CAD). Solid modeling makes use of computer aided-design (CAD) data to completely describe not just the external shape of parts or equipment, but its interior volume as well as the outside surfaces. The computer model is sliced into thin layers and the part of the product or commodity to be modelled or developed as per the requirement, is eventually fabricated by adding layers onto each other. Obtain Report Details @   http://www.transparencymarketresearch.com/rapid-prototyping-market.html The primary benefit of the system is that almost any shape can be manufactured using computerized programs. Time and money savings vary from 50% to 90% compared to conventional systems. Types of rapid prototypi
Post a Comment
Read more