Phosphorus Trichloride Market Statistical Analysis, Key Segments, BenefitsPosted by asmita rai on April 30th, 2021 Phosphorus trichloride Market Analysis Phosphorus trichloride is a white with a yellow colored chemical compound of phosphorus and chlorine. The product is majorly used as a chemical intermediate and is a precursor to the formation of various chemicals such as phosphorus pentachloride (PCl5), phosphoryl chloride (POCl3), and thiophosphoryl chloride (PSCl3). The global phosphorus trichloride market is primarily driven by growing demand from its major application such as chemical synthesis, agrochemicals, gasoline additives, plastic stabilizers, pharmaceuticals, and others. The chemical synthesis and agrochemicals segment are together driving the growth of the global phosphorus trichloride market. Phosphorus trichloride is used as a chemical intermediate in the production of organophosphonates, which are used as cleaners, chelating agents, corrosion inhibitors, and anti-scaling agent for water treatment, which is likely to propel the market growth. The increasing population along with their increasing consumption of food and the lack of arable land drive the need for agrochemicals, which, in turn, fuels the phosphorus trichloride market growth. Further, the use of phosphorus trichloride in the production of gasoline and oil additives is projected to surge the market growth due to the demand for efficient and qualitative fuel from the transportation and automotive sectors. Additionally, it is also used as a plasticizer and is a raw material to the drug used for prevention of heart and sexually transmitted diseases, which may fuel the market growth in the coming years. Top Key Players Some of the prominent manufacturers in the global phosphorus trichloride market are Monsanto Company (the U.S.), Solvay (Belgium), Merck KGaA (Germany), LAXNESS (Germany), PCC Rokita (Poland), ICL (Israel), SANDHYA GROUP (India), Alfa Aesar, Thermo Fisher Scientific (the U.S.), Parchem fine & specialty chemicals (New York), and Xuzhou Jianping Chemical Co., Ltd (China). Access Full Report Details and Order this Premium Report : https://www.marketresearchfuture.com/reports/phosphorus-trichloride-market-5732
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