Phosphorus oxychloride, also known as phosphoryl chloride, it is a colorless liquid with the formula as POCl3. Some of its key properties include hydrolyzing in the humid air to phosphoric acid to giving away the suffocating fumes of hydrochloric acid. It is largely produced on industrial scale from the phosphorus trichloride and oxygen or phosphorus pentoxide. Phosphorus oxychloride is widely used for the production of alkyl aryl orthophosphate. The most vital use of phosphorous oxychloride is it’s usage in production of triarylphosphate esters. These esters have been used over many years as flame retardants and plasticizers for PVC. Moreover, trialkyl esters are widely used over the liquid-liquid extraction solvents in nuclear reprocessing and elsewhere.
It is widely used over the production of pesticides, pharmaceuticals, dyes, phosphates and flame retardants. Rising demand for phosphorus-oxychloride as a plasticizer from polymer industry further because of its ability to impart plasticity, flexibility, and durability in conjunction with PVC has further boosted sales of phosphorus oxychloride. In addition, the phosphorus concentration of pure grade phosphorus oxychloride is about 96-99%.
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Referring to the study, “Global Phosphorus Oxychloride (CAS 10025-87-3) Market, 2021-2027” some of the key companies that are presently operating in the global Phosphorus Oxychloride market include Taixing Xingan Fine Chemicals Co., Ltd. (Zhejiang Xinan Chemical Industrial Group Co., Ltd.), PCC Group (PCC Rokita SA), Lanxess AG, Suzhou Hantai Chemical Co., Ltd., Jilin Yonglin Chemical Co., Ltd., Xuzhou Jianping Chemical Co., Ltd., Solvay S.A., Xuzhou Yongli Fine Chemical Co., Ltd. and among others. Most of these players favor captive consumption of phosphorus trichloride. Market players were presented in terms of company overview, business strategies and recent developments.
Based on application, Phosphorus Oxychloride market can be segregated as plasticizers, flame retardants, pharmaceuticals, agrochemicals and fine chemicals. Plasticizers segment dominate the global market owing to they are usually used to improve the properties of plastics as plastic additives. The agrochemicals segment is expected to witness higher growth rate as a result of rise in consumption of pesticides and herbicides during the forecast period.
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Growth in the chemical industry, followed by rise in the advancement of agricultural activities and growth in demand for the commodities chemical products and agrochemicals are some major factors, which are responsible for growth of the Phosphorus Oxychloride market. Apart from this, high cost of production of phosphorous is a key restraining factor for global market.
Based on regional analysis, the Asia-Pacific is a leading region in ‘Global Phosphorus Oxychloride Market’ owing to presence of large numbers of producers of phosphorus oxychloride, rise in demand for better crop productivity coupled with growth in population across the region. The North-America and Europe regions are estimated to witness higher growth rate due to rise in the demand for agrochemicals and high demand for phosphorus oxychloride from the robust chemical industries over the forecast period. It is anticipated that global Phosphorus Oxychloride market will be reached at rapid pace because of increase in use of phosphorus oxychloride in the manufacturing of fertilizers, pesticides and insecticides during the forecast period.
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Ankur Gupta, Head Marketing & Communications