The Phosgene market 2017 research offers a feasibility analysis for investment and returns supported with data on development trend analysis across important regions of the world.
Phosgene is an important industrial chemical, with several million tons produced globally each year. Phosgene gas is produced industrially by reacting carbon monoxide with chlorine over a catalyst at high temperature. The main commercial use of phosgene is in the manufacture of other chemicals such as plastics, pesticides, medicines, dyes and herbicides.
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The global phosgene market size is estimated to grow from USD 3460.35 million in 2015 to USD 4672.05 million by 2021, at an estimated CAGR of 5.13% between 2015 and 2021. With regards to this, key players of phosgene industry are expected to find potential opportunities in this market.
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Worldwide, 8,526 K tons phosgene have been produced in the year 2015, while China attributes close to 36.64% of the world production, Europe close to 30.67%, and North America 19.83%. Isocyanates accounts for 77.25% of all phosgene consumption, compared to Polycarbonates for 17.02%.
The global phosgene market report profiles some of the key technological developments in the recent times. It also profiles some of the leading players in the market and analyzes their key strategies. The competitive landscape section of the report provides a clear insight into the market share analysis of key industry players. The major players in the global phosgene market are Dow (USA), Huntsman (USA), Covestro (Germany), BASF (Germany), Mitsui Chemicals (Japan), Tosoh (Japan), Liaoning Beifang Jinhua (China), Wanhua (China), Shanghai Lianheng (China), Cangzhou Dahua (China) etc.
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