MARKET RESEARCH

The global market for phosphorus trichloride demonstrates a highly fragmented business landscape as the established players, namely, Monsanto Co., Rhodia, Syngenta, and Xuzhou JianPing Chemical Ltd., are leading to a stiff competition, finds a new research report by Transparency Market Research (TMR). In 2015, these enterprises, together, could hold only 28.42% of this market. Currently, they are focusing aggressively on strategic collaborations and agreements with the end-use industries to strengthen their position, which is anticipated to intensify the competition within this market in the near future, states the report. As per TMR’s estimations, the worldwide phosphorus trichloride market presented an opportunity worth US$1.23 bn in 2015. Burgeoning at a CAGR of 5.20% during the period of 2016-2024, it is anticipated to increase to US$1.92 bn by the end of the period of the forecast. Hitherto, the demand for phosphorus trichloride had been greater in agrochemicals th...

The global market for  phosphorus trichloride  demonstrates a highly fragmented business landscape as the established players, namely, Monsanto Co., Rhodia, Syngenta, and Xuzhou JianPing Chemical Ltd., are leading to a stiff competition, finds a new research report by Transparency Market Research (TMR). In 2015, these enterprises, together, could hold only 28.42% of this market. Currently, they are focusing aggressively on strategic collaborations and agreements with the end-use industries to strengthen their position, which is anticipated to intensify the competition within this market in the near future, states the report. As per TMR’s estimations, the worldwide phosphorus trichloride market presented an opportunity worth US$1.23 bn in 2015. Burgeoning at a CAGR of 5.20% during the period of 2016-2024, it is anticipated to increase to US$1.92 bn by the end of the period of the forecast. Hitherto, the demand for phosphorus trichloride had been greater in agr...