DUBLIN, Dec. 18, 2017 /PRNewswire/ --
The "Global Phosphorous Trichloride Market 2017-2021" report has been added to Research and Markets' offering.
The global phosphorous trichloride market to grow at a CAGR of 5.00% during the period 2017-2021.
Global Phosphorous Trichloride Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
According to the report, one driver in the market is rapid industrialization to boost the demand for plasticizers. Rapid urbanization in developing regions such as APAC and ROW has resulted in increased construction activities, thereby boosting the demand for plasticizers. In addition, the application of eco-friendly and bio-based plasticizers in construction activities is a crucial factor promoting the growth of the market. The market in these regions has witnessed the increase in the use of plasticizers in engineering medical devices owing to the increase in the demand for non-phthalate plasticizers with better toxicology properties. Plasticizers are preferred in the production of medical tubing for dialysis and intravenous infusion applications as well.
One trend in the market is consolidation of the agrochemical market. The global agrochemicals market is fragmented because of which none of the players have a major foothold. With the goal of gaining an advantage over the competitors in the market, many companies have stepped forward to reduce competition. For example, Agrium's merger with PotashCorp in 2016 led the integration of a crop input company with a retail distribution platform.
Further, the report states that one challenge in the market is concerns related to the transportation of hazardous chemicals. The safe transportation of hazardous chemicals, such as phosphorus trichloride, across the globe is one of the biggest concerns. The sudden growth of the chemical industry has led to an increase in the safety concerns of chemical logistics due to the increase in the freight traffic. The shortage of trained professionals for handling the packaging and transportation of hazardous chemicals and the lack of awareness regarding new and emerging trends and technologies are some of the major drawbacks witnessed worldwide.
Key vendors
- BASF
- Excel Industries
- LANXESS
- Punjab Chemicals & Crop Protection
- Solvay
Other prominent vendors
- Lianyungang Dongjin Chemical
- Merck
- SANDHYA
- Sanonda Group
- Xuzhou JianPing Chemical
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation By Grade
Part 09: Market Segmentation By Application
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers And Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/9c9tsv/global?w=5
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SOURCE Research and Markets
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