Phosphorus Trichloride Market – Snapshot 

Phosphorus trichloride is a colorless or slightly yellow fuming liquid. It possesses pungent odor, similar to that of hydrochloric acid. It is primarily utilized as a chemical intermediate in the manufacture of agrochemicals and flame retardants. Phosphorus trichloride is also used as a plasticizer in plastic manufacturing. It is employed in agrochemicals. Rise in population and urbanization is driving the agricultural industry. This, in turn, is fueling the demand for mineral fertilizer-containing phosphorus. Phosphorus trichloride is also used as an intermediate in the manufacture of chemicals such as triphenylphosphine and phosphites. Expansion in the global chemicals industry is expected to drive the demand for phosphorus trichloride as an intermediate during the forecast period.

global phosphorus trichloride market

Pure grade has phosphorus concentration of 96% to 99% and is of lower purity than the analytical reagent grade. It is the commonly used grade of phosphorus trichloride. The pure segment accounted for leading share of the global phosphorus trichloride market in 2018. The segment is estimated to maintain its dominance during the forecast period. The analytical reagent grade constitutes small share of the global market in terms of demand. The grade is expensive considering its high purity. The segment is anticipated to expand at a rapid pace during the forecast period. The analytical reagent segment is expected to create lucrative opportunities in the phosphorus trichloride market during the forecast period due to its emerging applications in the pharmaceutical industry.

In terms of application, the global phosphorus trichloride market has been segmented into phosphorus oxychloride, chemical intermediates, agrochemicals, plasticizers, pharmaceuticals, and others (including surfactants, oil additives, and dyestuffs). The agrochemicals segment holds the dominant share of the global phosphorus trichloride market. The segment is expected to maintain its dominance during the forecast period. The agrochemicals segment is anticipated to be attractive in terms for growth rate during the forecast period due to the rise in consumption of pesticides and herbicides across the globe. Phosphorus oxychloride and plasticizers are also likely to be high-potential segments of the global phosphorus trichloride market during the forecast period. Phosphorus trichloride is a favored and effective agent used in the manufacture of flame retardants and plasticizers.

Based on region, the global phosphorus trichloride market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific was the dominant region of the global phosphorus trichloride market in 2018. It is also a leading producer of phosphorus trichloride with most of the production concentrated in China. Presence of large numbers of producers of phosphorus trichloride in China has boosted the market in the country. Demand for phosphorus trichloride in Europe is projected to rise at a sluggish pace due to mature nature of the market. Demand for phosphorus trichloride in North America is expected to rise at a moderate pace during the forecast period due to increase in the demand for agrochemicals in the region. The market in Latin America is estimated to expand at a rapid pace during the forecast period, led by the rise in demand for phosphorus trichloride in the agrochemicals segment.

Phosphorus trichloride is a fragmented market. Many large as well as medium scale manufacturers operate in the market. Key players operating in the market are Monsanto Company, Syngenta, Mosaic Company, Solvay SA, and Akzo Nobel N.V.  Most of these players prefer captive consumption of phosphorus trichloride. Market players have been profiled in terms of company overview, business strategies, and recent developments.

Phosphorus Trichloride Market - Overview 

Based on type, the global phosphorus trichloride market has been bifurcated into pure and analytical reagent grade. The pure grade has purity of 96% to 99%. It is employed in the production of agrochemicals, chemical intermediates, etc. Pure is the widely used grade in the global phosphorus trichloride market. The pure segment is anticipated to maintain its dominant share during the forecast period. Analytical reagent grade is preferred in applications such as pharmaceuticals, as it is of high purity. The analytical reagent segment is likely to expand at a rapid pace during the forecast period due to the rise in research & development activities related to its use in pharmaceutical applications.

In terms of application, the global phosphorus trichloride market has been divided into phosphorus oxychloride, chemical intermediates, agrochemicals, plasticizers, pharmaceuticals, and others (including surfactants, oil additives, and dyestuff). The agrochemicals segment accounted for the dominant share of the global phosphorus trichloride market in 2018, as phosphorus trichloride is primarily used in the production of herbicides and pesticides. Phosphorus oxychloride is other significant application segment of the global phosphorus trichloride market due to its usage in flame retardants. Demand for phosphorus trichloride in the phosphorus oxychloride segment is expected to rise at a rapid pace during the forecast period.

Based on region, the global phosphorus trichloride market has been classified into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. In terms of value and volume, Asia Pacific was the leading region of the global phosphorus trichloride market in 2018. The phosphorus trichloride market in Asia Pacific is expanding in terms of value and volume, owing to an increase in the demand for phosphorous trichloride in agrochemicals applications. Demand for phosphorus trichloride in North America and Europe has been rising substantially. The phosphorus trichloride market in Europe is anticipated to expand at a sluggish to moderate pace during the forecast period. Demand for phosphorus trichloride is rising in North America due to its application in agrochemicals and pharmaceuticals. Demand for phosphorus trichloride is anticipated to increase considerably in Middle East & Africa and Latin America during the forecast period. These two regions accounted for small share of the global phosphorus trichloride market in terms of demand in 2018. Latin America is projected to create lucrative opportunities for phosphorus trichloride manufacturers in the next few years due to the increase in usage of phosphorus trichloride in agrochemical applications in the region.

The report analyzes and forecasts the phosphorus trichloride market at the global and regional levels. The market has been projected in terms of volume (kilo tons) and value (US$ Mn) from 2019 to 2027. The study includes drivers and restraints of the global phosphorus trichloride market. It also covers the expected impact of these drivers and restraints on the demand for phosphorus trichloride during the forecast period. The report also highlights growth opportunities for the phosphorus trichloride market at the global and regional levels. 

The report comprises a detailed value chain analysis, which provides a comprehensive view of the global phosphorus trichloride market. Porter’s Five Forces model for the phosphorus trichloride market has also been included to help understand the competition landscape. The study encompasses market attractiveness analysis, wherein grade and application industry segments have been benchmarked based on their market size, growth rate, and general attractiveness. 

The study provides a decisive view of the global phosphorus trichloride market by segmenting it in terms of grade, application, and region. These segments have been analyzed based on present and future trends. Regional segmentation includes current and future demand for phosphorus trichloride in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report also covers individual grade and application segments of the market in all the regions. 

The study includes profiles of major companies operating in the global phosphorus trichloride market. The global market for phosphorus trichloride is dominated by large players. Key players operating in the market are Monsanto Company (now Bayer AG), Syngenta, Mosaic Company, Solvay SA, and Akzo Nobel N.V. Market players have been profiled in terms of company overview, business strategies, and recent developments.

Key Takeaways

  • Extensive analysis of market trends from 2018 to 2027 to identify opportunities and market developments
  • Analysis of various grades and applications, wherein phosphorus trichloride is used
  • Identification of key factors responsible to build a roadmap for upcoming opportunities for the phosphorus trichloride market at the global, regional, and country levels
  • Comprehensive analysis with respect to investments and regulatory scenario that would subsequently impact the outlook and forecast for the global phosphorus trichloride market between 2018 and 2027
  • Detailed competition landscape of key players operating in the market to understand competition level
  • Porters’ Five Forces analysis to highlight the bargaining power of buyers and suppliers in the market

The report provides the estimated market size (in terms of value and volume) of the global phosphorus trichloride market for the base year 2018 and forecast from 2019 to 2027. Market numbers have been estimated based on grade, application, and region. Market size and forecast for each grade and application segment have been provided for the global and regional markets.

Grade

  • Pure
  • Analytical Reagent

Application

  • Agrochemicals
  • Phosphorus Oxychloride
  • Chemical Intermediates
  • Plasticizers
  • Pharmaceuticals
  • Others (including Surfactants, Oil Additives, and Dyestuffs)

Region

  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Rest of Europe 
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa