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Phosgene Market Share

Report ID: GMI4142
Published Date: Aug 2023
Report Format: PDF

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Phosgene Market Share

Some of the major business players operating in the phosgene market are:

BASF SE
Covestro AG
Dow Inc.
Huntsman Corporation
Wanhua Chemical Group Co.
OCI Company Ltd.
Puyang Shenghuade Chemical Co.Ltd.,
Jilin Tely Chemical Co., Ltd.,
Chongqing Changshou Chemical Co.
Shandong Lantian Disinfection Technology Co., Ltd.
Shandong Tianhong Chemical Co., Ltd
Shandong Fine Chemical Co., Ltd.
Yuneng Chemical Co., Ltd.
Shandong Luyue Chemical Co. Ltd.,
Xuzhou JianPing Chemical Co., Ltd.

These players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for phosgene was valued at USD 41.9 billion in 2022 and will reach USD 71.8 billion by 2032 due to its extensive usage as a key raw material in the production of several isocyanates worldwide.

Phosgene market size from the isocyanates derivative segment recorded USD 12.5 billion in 2022 and will witness significant growth from 2023-2032 on account of growing adoption in the production of polyurethane foams, coatings, adhesives, and elastomers.

U.S. phosgene industry size was USD 8.6 billion in 2022 and is expected to garner significant CAGR from 2023-2032 owing to the presence of robust construction sector in the region.

BASF SE, Covestro AG, Dow Inc., Huntsman Corporation, Wanhua Chemical Group Co., Ltd., OCI Company Ltd., Puyang Shenghuade Chemical Co., Ltd., Jilin Tely Chemical Co., Ltd., and Chongqing Changshou Chemical Co., Ltd. are some of the major phosgene companies worldwide.