TMR_Research_Reports_2017 Phosphorus Trichloride Market Segments By 2024 | Page 3

Phosphorus Trichloride Market
agrochemicals and pharmaceuticals . North America phosphorus trichloride market gains most of the demand from the U . S . and Canada , while France and Germany lead the demand from the European region .
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Escalating Food Requirements Driving Demand
Phosphorus trichloride ( PCI3 ) is an important compound for the chemical industry wherein it is used to produce fertilizers , pesticides , herbicides , additives , and insecticides . These derivatives not only help in increasing the production capacity , but also aid in crop protection . Globally , population is increasing and consequently , the food requirements are escalating . This factors is expected help the global phosphorus trichloride market to sustain a consistent demand . Decreasing arable land , increasing use of bio-fuels , and incrementing demand for water treatment are some of the other factors favoring the global phosphorus trichloride market . On the other hand , high cost of phosphorus trichloride remains the most prominent hindrance for the market to achieve its full potential . Factors such as regulations against phosphorus usage for detergents , decreasing qualify of phosphate rock , and conservation of resources are also expected to challenge the market during the forecast period .
The author of the report , who has high hopes from the phosphorus trichloride market despite the cost factor , says , “ The development of halogen-free flame retardants ( HFFR ) and technological advancements in the production of phosphorus trichloride will continue to serve enough fodder for the players in his industry .”
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TABLE OF
1 . Preface 1.1 . Report Scope and Market Segmentation 1.2 . Research Highlights
2 . Assumptions and Research Methodology 2.1 . Assumptions and Acronyms Used 2.2 . Research Methodology
3 . Executive Summary 3.1 . Market Size , Indicative ( US $ Mn )
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