Global Phosgene Market – Segments:
The MRFR analysis is segmented into three Key Dynamics: –
By Derivatives: Isocyanates, Chloroformates, and Carboamoyl Chlorides, among others.
By Applications: Agrochemicals, Pharmaceuticals, Dyes, and Specialty Chemicals, among others.
By Regions: North America, Europe, APAC and the Rest-of-the-World (RoW).
The sub-segment Isocyanates by derivatives perceives a considerable demand, owing to the large consumption of phosgene followed by chloroformates.
Global Phosgene Market – Competitive Analysis
The key players operating in the Phosgene market compete based upon pricing, Technology, and services they strive to deliver the best quality products based on innovative technologies, and best practices. Phosgene market demonstrates a high growth potential which is likely to attract many entrants to the market resulting in intensified competition further.
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Industry/Innovation/Related News:
August 09, 2018 – KBR, Inc. (US), a global provider of differentiated professional services and technologies across the Government Services and Hydrocarbons sectors announced the receiving of a contract for license and engineering and a proprietary equipment supply by China Pingmei Shenma Group (PMSM) to build two new polycarbonate plants in Kaifeng and Pingdingshan in the Henan Province in China.
As per the contracts, both plants will utilize KBR’s proprietary phosgene-based interfacial polycarbonate technology PCMAXT. Growing demand for polycarbonate products in China is expected to present attractive opportunities for PMSM, and KBR’s superior PCMAX™ technology will empower PMSM to be a market leader in the polycarbonate business.
Key Players
Some of the prominent players operating in the Global Phosgene Market are Bayer Group (Germany), BASF SE (Germany), VanDeMark Chemical Inc. (U.S.), Wanhua Chemical Group Co.,Ltd. (China), Vertellus Holdings LLC (U.S.), Atul Ltd (India), Paushak Ltd (India), UPL (India), ISOCHEM (France), J.H. Products (U.S.) among others.
Regional Analysis
The Global Phosgene Market is spanned across five regions, Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa. Among these, the Asia Pacific region is estimated to grow with the fastest CAGR during the assessment period, (2016 to 2023) owing to expansion of various application such as dyes and agrochemicals among others. The demand for Phosgene is predicted to surge in various countries of Asia Pacific such as Vietnam, China, India, Japan, and Malaysia on account of wide utilization of phosgene derivatives in pharmaceutical and agrochemical products. Moreover, ease of availability of raw material, cheap land & labor cost, and increasing development strategies to fulfil the demand for phosgene in the growing applications are the important factors for the regional market growth.
Geographical Analysis
The report covers brief analysis of geographical regions such as North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa.
Intended Audience
Phosgene manufacturers
Traders and Distributors of phosgene
Production Process Industries
Potential Investors
Raw Material Suppliers
Nationalized Laboratory
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