Phosphorus Trichloride Market - Top Companies and Manufacturers

Companies Dominating the Phosphorus Trichloride Landscape

The phosphorus trichloride market is poised to exhibit steady growth during the forecast period. Key market players are leveraging strategic expansions and strengthening supply chains to mitigate disruptions caused by geopolitical tensions. Furthermore, companies are investing in expanding distribution networks and building sustainable manufacturing processes amidst rising scrutiny for eco-friendly practices.

Here are some key players in the phosphorus trichloride market:

Lanxess
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BASF Corporation
Solvay
Merck
ICL
Oakwood Products, Inc.
Monsanto Company
Guangzhou Zoron Chemical Technology Co
Italmatch Chemicals Group
Akzo Nobel N.V

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Phosphorous Trichloride Market Size & Share, Growth Forecast 2037

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In September 2024, ICL expanded further into the supply chain of North America by partnering with Orbia Fluor and Energy Materials. The Memorandum of Understanding (MoU) signed between the two companies established a framework for ICL’s Industrial Products division to supply phosphorus trichloride to Orbia Flour & Energy Materials to utilize in the production of lithium hexafluorophosphate.
In January 2024, Esim Chemicals announced the expansion of its technology portfolio with phosphorus trichloride reactions. Esim Chemicals has enhanced its portfolio in the Linz Chemical Park with a state-of-the-art facility for synthesizing sensitive phosphorus compounds, and the production unit enables the conversion of phosphorus trichloride with various reaction partners to cater to rising market demand.

Frequently Asked Questions (FAQ)

The phosphorus trichloride market was valued at USD 1.63 billion in 2024 and is poised to expand at a CAGR of 3.8% during the forecast period, i.e., 2025-2037.

The phosphorus trichloride sector is projected to expand at a CAGR of 3.8% during the forecast period, i.e., 2025-2037. In 2024, the market’s valuation was registered at USD 1.63 billion, and in 2037, the market is projected to reach USD 2.65 billion.

The major players in the market are Lanxess, BASF Corporation, Solvay, Merck, ICL, Oakwood Products, Inc., Monsanto Company, Guangzhou Zoron Chemical Technology Co, Italmatch Chemicals Group, Akzo Nobel N.V, and others.

The agrochemicals segment of the phosphorus trichloride market is poised to register the largest revenue share of 46.03% during the forecast period. The rising end use of phosphorus trichloride in the agrochemicals sector is a key driver of the segment’s market dominance.

North America is estimated to hold a dominant share in the global phosphorus trichloride market during the forecast period. The expansion of key chemical companies in the supply chain of North America benefits the regional market while rising demands from the agrochemical and lubricants sector are poised to benefit sustained growth.

Phosphorus Trichloride Market - Top Companies and Manufacturers

Companies Dominating the Phosphorus Trichloride Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

How big is the phosphorus trichloride market?

What is the outlook for the phosphorus trichloride market?

Who are the major players dominating the phosphorus trichloride market?

Which product segment will capture the significant market share for the phosphorus trichloride sector by 2037?

Which region will provide more business opportunities for the growth of the phosphorus trichloride market in the future?