Phosphorus Trichloride Market, Global Industry Share, Growth, Overview and Analysis 2023
Phosphorus Trichloride Market Overview As per the recently released report by the Market Research Future (MRFR), the global phosphorus trichloride market is expected to grow at a noteworthy pace during the forecast period of 2016 to 2023. The manufacturing of commodity chemicals and agrochemicals is one of the major driving factors of the global market. The demand for agrochemicals is strikingly increasing to meet the consumption requirements of the rapidly growing population. This is subsequently boosting the growth of the market. Phosphorus trichloride is majorly used in the chemical synthesis of organophosphorus compounds and acts as precursor to other chemicals like phosphoryl chloride (POCl3), phosphorus pentachloride (PCl5), and thiophosphoryl chloride (PSCl3). This chemical compound is a highly important ingredient for the manufacturing of gasoline additives. This is, in turn, expected to also aid the market growth due to the highly efficient and superior quality fuels from th...