my country’s market demand for phosphorus pentachloride is large and the industry concentration is high

Phosphorus pentachloride is one of the subcategories of phosphorus and chloride compounds. The chemical formula is PCl5. It mostly appears as a light yellow crystalline powder with a pungent odor at normal temperature and pressure, and has certain toxicity and corrosiveness. Phosphorus pentachloride can decompose into phosphoric acid and hydrogen chloride in humid air. When it comes into contact with water, it will release a large amount of heat energy, posing an explosion hazard. Phosphorus pentachloride is mostly used as a dehydrating agent, catalyst, and chlorinating agent, which can effectively increase the reaction rate and reduce energy consumption. And compared with other catalysts, phosphorus pentachloride is easier to prepare and has lower production costs.

At this stage, my country’s phosphorus pentachloride production process mainly adopts the kettle production method using chlorine and phosphorus trichloride as the main raw materials. However, this production method is prone to some problems, such as low product yield and incomplete chemical reactions. As my country’s phosphorus pentachloride industry continues to develop and the pace of innovation in production processes accelerates, more advanced production methods may emerge in the future.

At present, my country’s phosphorus pentachloride industry chain has basically been formed. The upstream of the industrial chain is mainly the raw material industry, providing phosphorus trichloride, liquid chlorine and other raw materials; the midstream is mainly the phosphorus pentachloride production industry, responsible for the synthesis and manufacturing of phosphorus pentachloride; the downstream is mainly the application field, phosphorus pentachloride It is mostly used to produce lithium hexafluorophosphate, rubber elastomers, flucytosine, pesticide intermediates, pharmaceutical intermediates, chlorinated phosphazenes and other products, and is widely used in dyes, new energy, medicine, pesticides and other fields.

From the perspective of market structure, lithium hexafluorophosphate has become the largest application field of phosphorus pentachloride, with an application share of 89.8%; followed by pesticides and pharmaceutical intermediates, with a combined application share of 5.3%.

According to the “In-depth Market Research and Investment Strategy Suggestions Report on Phosphorus Pentachloride Industry 2023-2027” released by the Industrial Research Center, In recent years, my country’s lithium battery electrolyte market has developed rapidly. As the lithium salt of lithium battery electrolyte with the best comprehensive performance, the market demand for lithium hexafluorophosphate has gradually increased, which has indirectly driven the growth of the market demand for phosphorus pentachloride. Coupled with the rapid development of my country’s pharmaceutical and pesticide markets, the market demand for pesticides and pharmaceutical intermediates has gradually increased, and the market demand for phosphorus pentachloride has further increased.

Phosphorus pentachloride belongs to the third category of monitored chemicals, and its production and export are controlled by relevant national departments. In recent years, driven by the growing demand in the downstream market, my country’s phosphorus pentachloride market has been in short supply. In 2022, my country’s demand for phosphorus pentachloride will reach 164,800 tons.

Industry analysts said that currently, there are only a small number of phosphorus pentachloride companies in my country and the market concentration is high. The major phosphorus pentachloride companies in my country include Hankang Chemical, Zhejiang Tianshuo, Aoki High-tech, Jiangsu Huasheng, Suzhou Huayi, etc. Among them, Jiangsu Huasheng has the largest market share, accounting for 31.2%; followed by Hankang Chemical, with a market share of 14.2%; Qingmu High-tech ranks third, with a market share of 11.7%.