Phosphorus Trichloride Market: Increasing Usage of Pesticides to Improve Crop Yields to Boost Growth, TMR

The global market for phosphorus trichloride demonstrates a highly fragmented business landscape as the established players, namely, Monsanto Co., Rhodia, Syngenta, and Xuzhou JianPing Chemical Ltd., are leading to a stiff competition, finds a new research report by Transparency Market Research (TMR).

In 2015, these enterprises, together, could hold only 28.42% of this market. Currently, they are focusing aggressively on strategic collaborations and agreements with the end-use industries to strengthen their position, which is anticipated to intensify the competition within this market in the near future, states the report.

As per TMR’s estimations, the worldwide phosphorus trichloride market presented an opportunity worth US$1.23 bn in 2015. Burgeoning at a CAGR of 5.20% during the period of 2016-2024, it is anticipated to increase to US$1.92 bn by the end of the period of the forecast. Hitherto, the demand for phosphorus trichloride had been greater in agrochemicals than other application areas. Analysts expect this scenario to remain unchanged in the near future due to the increasing usage of phosphorus trichloride in the manufacturing of pesticides, herbicides, and insecticides.

Browse Market Research Report @ http://www.transparencymarketresearch.com/phosphorus-trichloride-market.html

Expansion of End-use Industries to Ensure Asia Pacific’s Dominance

The grade of phosphorus trichloride and the geographical reach of the global phosphorus trichloride market are the two of the significant parameters, on which, this research report has analyzed this market. According to the report, the worldwide market for phosphorus trichloride is spread across North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. With a share of more than 44%, Asia Pacific led the global market in 2015 and is expected to remain seated in this position over the forecast period, thanks to the rise in various end-use industries, such as agrochemicals and pharmaceuticals.

On the basis of the grade, pure grade phosphorus trichloride and analytical reagents have been considered as the two main segments of this market in this study. Among the two, the demand for pure grade phosphorus chloride has been higher than analytical reagents and is anticipated to continue like this throughout the forecast period due to the rising usage of pure grade phosphorus chloride in the production of agrochemicals, phosphorus oxychloride, and plasticizers.

Fill the form to gain deeper insights on this market @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3906

Growing Demand for Food to Reflect Positively on Demand for Phosphorus Trichloride

“The phenomenal rise in the global population is having the most influential impression on the worldwide phosphorus trichloride market as with the growing population, the need for food has increased substantially, resulting in the increased usage of pesticides, herbicides, and insecticides in farming to improve crop yields,” says the author of the study. The significant growth in the chemical industry is also adding to the progress of this market substantially, notes the research study.

Although the growth prospects of this market are bright, it may face hindrances in future due to the high cost of phosphorus trichloride. However, the advancements in technologies used for the production of phosphorus trichloride are expected to create opportunities for further growth of this market in the years to come, states the report.

The report segments the global phosphorus trichloride market into:

By Grade

Pure
Analytical Reagent

By Application

Phosphorus Oxychloride
Chemical intermediates
Agrochemicals
Plasticizers
Pharmaceutical
Others (Oil additives, surfactants, etc.)

The study presented here is based on a report by Transparency Market Research (TMR), titled “Phosphorus Trichloride Market (Grade - Pure and Analytical Reagent; Application - Phosphorus Oxychloride, Chemical Intermediates, Agrochemicals, Plasticizers, Pharmaceuticals, Oil Additives, and Surfactants) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024.”

Global Epoxy Curing Agents Market - Projected to Scale-Up by construction, adhesive, Wind Energy Application to 2022.

“Global Epoxy Curing Agents Market Market Professional Survey Report 2017-2022” Purchase This Report by calling ResearchnReports.com at +1-888-631-6977. Global Epoxy Curing Agents market Report is a professional and in-depth research report on the world’s major regional market conditions of the Epoxy Curing Agents market, focusing on the main regions (North America, Europe and Asia) and the main countries (United States, Germany, Japan and China). Based on application, the wind energy segment is projected to witness the highest growth from 2017 to 2022, both in terms of value and volume. Wind blades manufacturing is one of the major applications for epoxy curing agents. The depletion of fossil fuels and their volatile prices have resulted in increased energy cost with rise in demand. This research report provides an in-depth analysis of the global Epoxy Curing Agents Market based on enterprise size, services, solution, end-use industry, and geography. The report also prov...

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...

Virtual pipeline system market - Demand of cleaner energy alternatives, Trends 2025

Powered by the advancing concerns over renewability of energy sources has affected the natural gas industry positively. The transportation of oil and natural gas in a brisk, albeit safe manner has never been such an urgent requirement. With pipelines being the most common approach, they are the primary choice of supply of energy sources. Physical pipelines, being confined to specific geography, are not found to be effective in terms of unfeasible terrains or technically inaccessible areas. As a result, the virtual pipeline industry has been gaining recognition, and is slated to be one of the fastest growing markets in the upcoming years. According to a report published by Transparency Market Research (TMR), the global virtual pipeline industry is anticipated to witness a steady growth during the forecast period of 2017-2025. The industry opportunity is expected to be supported by the brisk acceleration of the demand of transportation of liquid energy resources. Industrial space...

Market Research Reports

Search This Blog