Phosgene is a colorless chemical
compound produced by reacting chlorine and carbon monoxide. It has a
suffocating odor and a small amount of phosgene is released in nature from
volcanoes. It is mainly produced artificially and is extremely toxic and due to
this, it was even used as a chemical weapon during wars. Phosgene is used for
deriving a number of chemical compounds used in various industrial sectors.
Diethylcarbamoyl chloride a derivative of phosgene and is used to hydrolyze water
insoluble compounds and is extensively used in the pharmaceutical
industry.
Tetra butyl urea is used in the
manufacturing of solvents and to improvise the performance of polymers. Toluene
diisocyanate and methylene diphenyl diisocyanate are the two most important
derivatives of phosgene and are used for manufacturing thermal insulators in
freezers and are also utilized in the construction industry. Phosgene is also
used for producing many polycarbonates and isocyanates that have applications
in various industrial sectors.
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The phosgene industry has been
showing continuous growth in the past which is expected to continue in the near
future. Western Europe has been the leading consumer of this compound followed
by North America and China. China and the Middle East are expected to grow at a
better pace due to the increasing demand for phosgene derivatives mainly
toluene diisocyanate and methylene diphenyl diisocyanate.
Phosgene has its application in a
number of industrial sectors that include insecticides, pharmaceuticals,
cosmetics and many others. Growing economies and growth in various industrial
sectors mainly in the Asia Pacific region is expected to be a major driver for
the phosgene industry. The growing demand for chemicals that use phosgene as an
intermediate chemical is also expected to trigger the demand for phosgene.
Phosgene is highly toxic and
symptoms of its inhalation are noticed slowly. It mainly leads to respiratory
disorders such as suffocation which is a major restraint for the growth of the
phosgene industry. If this compound is handled with extensive care and all
necessary precautions are taken to avoid inhalation, the restraint can be
overcome.
Some of the major players in the
phosgene industry are BASF, BayerCrop Science, Dow Chemical, PPG Industries,
DuPont, Rubican, and others.
This research report analyzes this
market depending on its market segments, major geographies, and current market
trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
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