Global Phosgene Market, By Derivatives (Methyl Diphenyl Diisocyanate, Toluene Diisocyanate, Polycarbonate Resins), By Region, Competition, Forecast and Opportunities, 2024
Global phosgene market is expected to witness a marginal decline in consumption during 2019 - 2024. Phosgene (COCl2) is a nonflammable gas that is naturally produced from the breakdown of chlorinated compounds and it is an important building block to produce pesticides, urethanes, and polycarbonate plastics. Prolonged exposure to phosgene can is harmful for humans.
Phosgene is generally produced at the plant for captive consumption to produce Methyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polycarbonate resins. The global phosgene market is driven by increasing demand for MDI, TDI and Polycarbonate resins from various end user industries such as construction, automotive, agriculture, textile, and electronics. However, growing attention towards application of phosgene free technology to produce MDI, TDI and Polycarbonate resins is gradually declining the global phosgene market.
The global phosgene market is segmented based on derivatives and region. Based on derivatives, the market can be fragmented into MDI, TDI and polycarbonate resins. MDI is expected to dominate the market during the forecast period owing to its widespread usage in non-foam applications such as paints and coatings, sealants, and adhesives as well as in reaction injection-molding, high performance elastomers, and spandex fibers.
Asia Pacific dominates the global phosgene market, followed by Europe and North America. Major players operating in phosgene market include Covestro AG, BASF SE, Wanhua Chemical Group Co. Ltd, DowDuPont, Bayer AG, Atul Ltd., Paushak Ltd., UPL Ltd., Vertellus Holdings LLC, VanDeMark Chemical Inc., ISOCHEM, Huntsman International, Shandong Tianan Chemicals and others.
Years considered for this report:
Historical Years: 2014-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021–2024
- bjective of the Study:
- To analyze and forecast the market size of global phosgene market.
- To classify and forecast global phosgene market based on derivatives, company and regional distribution.
- To identify drivers and challenges for global phosgene market.
- To examine competitive developments such as expansions, new product launches, mergers, and acquisitions, etc., in global phosgene market.
- To conduct pricing analysis for global phosgene market.
- To identify and analyze the profile of leading players operating in global phosgene market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers, which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.
TechSci Research calculated the market size of global phosgene market using top down approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- Phosgene manufacturers, suppliers and other stakeholders
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to phosgene market
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, global phosgene market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Market, By Derivatives:
- Methyl diphenyl diisocyanate
- Toluene diisocyanate
- Polycarbonate resins
- Market, By Region:
- South Korea
- Rest of Europe
- North America
- United States
- South America
- Middle East and Africa
- South Africa
- Saudi Arabia
Company Profiles: Detailed analysis of the major companies present in global phosgene market.
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
- Detailed analysis and profiling of additional market players (up to five).
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