TMR_Research_Reports_2017 Phosphorus Trichloride Market Segments By 2024 | Página 2

Phosphorus Trichloride Market
REPORT DESCRIPTION
Phosphorus Trichloride Market - Global Industry Analysis Size Share
Growth Trends and Forecast 2016 – 2024
According to the findings of a recent study by Transparency Market Research (TMR), the global
phosphorus trichloride market exhibits a highly fragmented competitive landscape, wherein the four
leading players managed only 28.42% of the market in 2015. The four leading players in the
phosphorus trichloride market identified by the TMR report are Rhodia, Monsanto Co., Xuzhou
JianPing Chemical Ltd., and Syngenta. These market leaders are expected hold their share of the pie
in the near future, although new entrants will also continue making their presence felt going forward.
As per the evaluations of the report, the global phosphorus trichloride was worth US$1.23 bn in 2015,
and estimates it to reach a valuation of US$1.92 bn by 2024, expanding at a healthy CAGR of 5.20%
during the forecast period of 2016 to 2024. The primary focus of the leading companies venturing in
this market is strategic associations with end-use industries in order to sustain and increment the
demand. Owing to the growing application of phosphorus trichloride in various sectors, new
opportunities are opening in this market and new entrants are expected to further intensify the
competition during the forecast period.
Browse Market Research Report @ http://www.transparencymarketresearch.com/phosphorus-
trichloride-market.html
Pure Grade Phosphorus Segment Leads by Landslide Margin
Based on grade, the report segments the global phosphorus trichloride market into pure and
analytical research, and rates pure phosphorus trichloride market as a landslide leader, accounting
for 94% of the demand in 2015. Researchers of this report predict the pattern to continue throughout
the forecast period, gaining traction from widespread application of pure grade phosphorus for the
production of plasticizers, agrochemicals, and phosphorus oxychloride.
Application-wise, the report categorizes the global phosphorus trichloride market into phosphorus
oxychloride, pharmaceuticals, agrochemicals, chemical intermediates, surfactants, and plasticizers.
Currently, agrochemicals segment yields the maximum demand, commonly used for the production of
herbicides, pesticides, and insecticides.
Geographically, the report detects Asia Pacific as the most lucrative region in the phosphorus
trichloride market. Asia Pacific served 44% of the demand for phosphorus trichloride in 2015,
primarily gaining demand from China, which is a hub for end-use industries pertaining to
Transparency Market Research
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