Global Phosgene Market Outlook 2017-2022

It is estimated that the Global Phosgene Market would develop at a substantial CAGR of 4% by 2022. It is a category of a biological composite having chemical formulation as COCl2. It is a monochrome gas having unpleasant odor. It is found in trace quantities; that too, in a volcano. It is mass-produced synthetically and having poisonous nature. Due to this it was utilized as the chemical armament for the duration of combats throughout the world. It is a noticeable industrial chemical and utilized as a constructing block in combination of various biological mixtures and medicines. Phosgene is measured as a toxic gas at room temperature but by means of putting on pressure and cooling, it can be transformed into liquefied so that it can be transported and put in storage. 

Its byproducts are extensively applied in many applications for example agrochemicals, specialty chemicals, dyes, pharmaceuticals, and others. More or less of the byproducts of phosgene are used in the production of construction chemicals. Growing consumption of pesticides products, and increasing population are the factors affecting positively on the growth of the Phosgene market. Growing number of employed people along with increasing per head earnings is likely to increase the demand for the duration of the forecast. 

Rising consumption of phosgene in the manufacture of medications and additional healthcare goods along with the growing demand for pharmaceutical goods are expected to boost the development of the market. Additionally, increasing demand for insect repellent and pesticide together with growing farming area is expected to offer a new-fangled thrust to the demand. Furthermore, speedy development of a number of end use productions in the developing markets is expected to clearly impact the forms of demand. 

Also, better-quality way of life and increasing power of procuring of the customers are roughly additional features, likely to definitely effect the development of the market. But strict rules linked with the level of poisonousness of product together with risk of alternatives are projected to obstruct the general development of the phosgene market in the industrialized and emerging nations.

The Phosgene market on the source of type of Applications extends Fine Chemicals, Isocyanates, Polycarbonates, Specialty Chemicals, Pharmaceuticals, Dyes, Agrochemicals, and others. The market on the source of type of Byproducts extends Carboamoyl Chlorides, Isocyanates, Chloroformates and others. The phosgene market on the source of Geography extends North America, Europe, Asia-Pacific, Middle East & Africa, and South America.

The Asia Pacific is projected to develop at the speedy CAGR for the duration of forecast due to the development of numerous application for example agrochemicals and colorants between others. The demand is expected to gush in several nations of Asia Pacific similar to Malaysia, Japan, China, Vietnam and India due to the extensive consumption of phosgene byproducts in medicinal and agrochemical goods.

Some of the important companies operating in the field of Phosgene are Wanhua Chemical, Shanghai Lianheng, Mitsubishi, Dow, Cangzhou Dahua, Tosoh, Sabic, Huntsman, Covestro, and BASF SE, J.H. Products, UPL, Atul Ltd, Wanhua Chemical Group Co., Ltd., ISOCHEM, Paushak Ltd, Vertellus Holdings LLC, VanDeMark Chemical Inc., and Bayer Group.

The global market for phosgene (COCl2, CAS 75-44-5) will grow at a CAGR of 4% by 2022, according to a new report published by Gen Consulting Company. The report segments the market and forecasts its size, by volume and value, on the basis of application (isocyanates, polycarbonates, fine chemicals, etc.), and by geography (North America, Europe, Asia-Pacific, MEA and South America).

The report covers forecast and analysis for the phosgene market on a global and regional level. The study provides historic data of 2012-2016 along with a forecast from 2017 to 2022 based on both output/volume and revenue. The study then describes the drivers and restraints for the phosgene market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the phosgene market on a global level.

The report has been prepared based on the synthesis, analysis, and interpretation of information about the global phosgene market collected from specialized sources. The competitive landscape section of the report provides a clear insight into the market share analysis of key industry players. Company overview, financial overview, product portfolio, new project launched, recent development analysis are the parameters included in the profile.

Demand for this market rises from the isocyanates, polycarbonates, fine chemicals, and other applications. All the segments have been analyzed based on present and future trends and the market is estimated from 2017 to 2022. Relevantly, the report and company profiles specify the key drivers that are impacting the demand in global phosgene market.

Key Applications
- Isocyanates
- Polycarbonates
- Fine Chemicals

Key Regions
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America

Key Vendors
- BASF
- Cangzhou Dahua
- Covestro
- Dow
- Huntsman
- Mitsubishi
- Sabic
- Shanghai Lianheng
- Tosoh
- Wanhua Chemical
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Key Questions Answered in this Report
- What will the market size be in 2022?
- What are the key factors driving the global phosgene market?
- What are the challenges to market growth?
- Who are the key players in the phosgene market?
- What are the market opportunities and threats faced by the key players?