Phosphorus trichloride (PCl3) is expected to have a global market value of approximately USD 2.43 billion by 2025 at a compound annual growth rate (CAGR) of nearly 7.3% during the forecast period. Projections estimate that by 2030, the phosphorus trichloride market will grow to approximately USD 3.46 billion. The global demand for phosphorus trichloride continues to grow because it is an important intermediate in the formulation of organophosphorus compounds, particularly in agrochemicals, flame retardants, plasticizers, and pharmaceutical intermediates. In particular, phosphorous trichloride continues to be used in the production of herbicides and pesticides as agricultural output has increased across the globe to improve food security. Also, the expansion of industrial applications in the Asia Pacific region, coupled with government policies that support increased chemical production, will continue to spur long-term market growth in the region. The growing need for high-performance additives in plastics, lubricants, and flame-resistant materials will also continue to promote PCl3 consumption growth in developed and emerging economies.
The demand for phosphorous trichloride is mainly met by global players for various end-use applications. The major players in the phosphorous trichloride market with a significant global presence are Zhejiang Xin'an Chemical Group Co., Ltd. (China), ICL (Israel), Henan Qingshuiwuan Technology Co., Ltd. (China), LANXESS (Germany), and Solvay (Belgium). The market players have adopted various strategies, such as agreements to strengthen their positions in the phosphorous trichloride market.
To know about the assumptions considered for the study download the pdf brochure
ZHEJIANG XIN AN CHEMICAL GROUP CO., LTD is a major chemical manufacturer in China focusing on phosphorus chemicals and intermediates. The company manufactures PCl3 and POCl3 of high purity, etc., which are important raw materials in many industries. Xin An Chemical's phosphorus trichloride is used by many customers for agricultural chemicals, flame retardants, plasticizers, and pharmaceuticals. The company has multiple production sites throughout China with advanced process technologies in place in their efforts to achieve product quality and consistency. Xin An Chemical is able to serve both domestic and global markets, with their phosphorus trichloride products popular internationally throughout Asia Pacific, Europe, and South America, giving Xin An Chemical a very robust global position.
ICL (Israel Chemicals Ltd.) is a multinational company of specialty minerals and chemicals based in Tel Aviv, Israel. ICL is a significant producer of phosphorus-based products such as phosphorus trichloride (PCl3), red phosphorus, and phosphorus pentachloride. ICL provides products to varied sectors, including agriculture, food ingredients,flame retardants, industrial processing, and life sciences. It developed specialty phosphates and intermediates within its advanced chemicals segment, which are particular feature attributes in engineered materials and advanced applications. ICL operates globally with production sites in Europe, US, China, and Israel. The company engages in multiple business practices of a vertically integrated supply chain and is able to address the full phosphorus supply chain from extraction to the production of specialty derivatives.
Henan Qingshuiwuan Technology Co., Ltd. is a rapidly expanding chemical producer located in Henan province, China, and specializes in phosphorus-based production, notably phosphorus trichloride (PCl) and other derivatives of phosphorus trichloride. The company is a high-quality phosphorus trichloride manufacturer for specific purposes in agrochemical production, flame retardants, plasticizers, and a chemical synthesis intermediary. By leveraging modern chemical processing technology, Henan Qingshuiwuan ensures consistent, cost-competitive products. The company possesses a leading manufacturing facility in China and markets predominantly to the domestic market while exporting to specific Asian markets. The company plans to further invest by increasing product capacity to pursue quality control for the purpose of fortifying its market share, both in regional and international markets.
LANXESS is a global specialty chemicals company with a diverse portfolio of performance chemicals and chemical intermediates. Its organic and inorganic specialty chemicals are utilized widely across industries. Its high-grade phosphorus trichloride (ec-) is especially popular as an important intermediate in producing plasticizers, flame retardants, agrochemicals, and specialty polymers. LANXESS is committed to sustainable manufacturing practices and intends to consider environmental safety and regulatory compliance. LANXESS has advanced manufacturing facilities in Germany and Asia to meet the needs of customers globally (in Europe, the Americas, and the Asia Pacific). LANXESS has unique logistics and supply chain capabilities that allow it to give its customers dependable global product delivery and service.
Solvay is a multinational pharmaceutical company based out of Belgium, which includes a considerable portfolio of advanced materials and specialty chemicals. The phosphorus chemistry division includes the production of phosphorus trichloride (PCl3), a precursor ingredient for flame retardants, oil additives, agrochemical products, and pharmaceutical intermediates. By focusing on sustainability and innovation, Solvay can provide a market segment with high-purity phosphorus derivatives marketed to regulated markets. Solvay has manufacturing facilities and R&D centers in Europe, North America, and the Asia Pacific region. The company provides good technical support and product formulation and application development services to their global contacts.
Market Ranking
Market ranking is the percentage of top players in the phosphorous trichloride market, depending on their product portfolio, geographical reach, and business strategies. The phosphorous trichloride market is competitive, with the top five companies in the overall market share. A major company in the Asia Pacific region- Zhejiang Xin'an Chemical Group Co., Ltd. was able to capitalize on China's manufacturing prowess and inexpensive supply chains for both domestic and international trade. ICL has global reach, full-service offerings, and R&D capabilities in specialty agriculture, offering diversification into high-growth markets and regions, including Asia Pacific, Latin America, India, and China. Henan Qingshuiyuan Technology Co., Ltd. has a strong footprint across Europe, North America, and Asia, with a large annual capacity and a focus on water treatment chemicals and intermediates. LANXESS and SOLVAY are significant European players that are recognized for their innovative approach to chemical manufacturing and commitment to sustainability in order to comply with regulatory requirements for purity in pharmaceuticals and electronics.
Related Reports:
Phosphorous Trichloride Market by Application (Plastic Additives, Agrochemicals and Pharmaceuticals, Surfactants, Flame Retardants, Oil & Gas, EV Battery Chemicals, and Water Treatment), Grade (Industrial and Pharmaceutical), Sales Channel (Direct Sales (B2B Contracts) and Distributors & Traders), and Region – Global Forecast to 2030
This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.
SEND ME A FREE SAMPLE