Phosphorus Trichloride Market Outlook (2022-2032)

The global phosphorus trichloride market was valued at US$ 1.63 billion In 2021, registering Y-o-Y growth of 3% over the past 5 years.

Worldwide consumption of phosphorus trichloride is predicted to reach a market value of US$ 2.48 billion by 2032, increasing a CAGR of 4% from 2022 to 2032.

The global market for phosphorus trichloride is estimated to generate an absolute dollar opportunity worth US$ 798.6 million during the assessment period because of the augmented application of phosphorus trichloride as an intermediate to produce chemicals and other related products.

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Phosphorus Trichloride Industry Survey by Category

• Phosphorus Trichloride Market by Grade :

  • Pure Grade
  • Analytical Grade

• Phosphorus Trichloride Market by End Use :

  • Organophosphorus Pesticide
  • Organophosphorus Chelating Agent
  • Flame Retardants
  • Other End-Uses

• Phosphorus Trichloride Market by Region :

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • MEA

Competitive Landscape

Top companies manufacturing phosphorus trichloride are focusing on marketing strategies such as acquisitions and innovation to gain an edge over others and serve a wider consumer base. With high demand from the agrochemicals industry, key players in the market are acquiring agricultural companies to incorporate innovation and streamline their product offerings.

1. Mosaic Company acquired Plant Response in 2022. The acquired company provides biological-based solutions, crop input technologies, and recovered waste fertilizers.
2. Syngenta acquired UniSpore and NemaTrident, next-generation bioinsecticides, in 2022, from Bionema Limited.