Global Phosgene Market Growth 2025-2031

The global Phosgene market size is predicted to grow from US$ 6735 million in 2025 to US$ 8488 million in 2031; it is expected to grow at a CAGR of 3.9% from 2025 to 2031.

Phosgene (chemical formula COCl₂) is a toxic and colorless gas used in the manufacture of chemicals, including pharmaceuticals and pesticides. It has a musty odor, similar to that of freshly cut hay, detectable at low concentrations. Phosgene is an important industrial chemical, primarily used as an intermediate in the production of isocyanates and polycarbonate plastics.

Global key players of Phosgene include Covestro, BASF, Wanhua Chemical Group, Tosoh Corporation, Dow, etc. The top five players hold a share about 61%. Asia-Pacific is the largest market, and has a share about 39%, followed by Europe and North America with share 37% and 14%, separately. In terms of product type, Isocyanates is the largest segment, accounting for a share of 61%. In terms of application, Chemicals is the largest field with a share about 75 percent.

LP Information, Inc. (LPI) ' newest research report, the “Phosgene Industry Forecast” looks at past sales and reviews total world Phosgene sales in 2024, providing a comprehensive analysis by region and market sector of projected Phosgene sales for 2025 through 2031. With Phosgene sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Phosgene industry.

This Insight Report provides a comprehensive analysis of the global Phosgene landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Phosgene portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Phosgene market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Phosgene and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Phosgene.

This report presents a comprehensive overview, market shares, and growth opportunities of Phosgene market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Isocyanates
Chloroformates
Carbamoyl Chlorides
Other

Segmentation by Application:
Chemicals
Agrochemicals
Dyes
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Covestro
Wanhua Chemical Group
BASF
Dow
Tosoh Corporation
Mitsui Chemicals
UPL
Mitsubishi Chemical
Atul
Guangxin Corporation
Sumika Covestro Urethane
KPX Life Science
Mitsubishi Gas Chemical Company
VandeMark Chemicals
Great Chinasoft Technology
Paushak
Hunan Haili Chemical
Hodogaya Chemical
Altivia
Chuo Kaseihin

Key Questions Addressed in this Report

What is the 10-year outlook for the global Phosgene market?

What factors are driving Phosgene market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Phosgene market opportunities vary by end market size?

How does Phosgene break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.