The Asia Pacific phosphorus pentachloride market is quickly expanding due to rising demand, particularly from emerging markets such as China and India. According to the India Brand Equity Foundation (IBEF), India's chemical sector is the third largest in Asia Pacific and the sixth largest in the world in terms of output. Furthermore, India's chemical industry market was worth US$ 144 billion in 2015, and is predicted to grow to US$ 403 billion by 2025. This is expected to boost the market for phosphorus pentachloride in this region and around the world. Furthermore, India produces roughly 16 percent of the world's dyestuffs and dye intermediates, increasing the use of phosphorus pentachloride throughout Asia Pacific.
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