The latest research report on Phosphate Ester Market delivers a comprehensive study on current market trends. The outcome also includes revenue forecasts, statistics, market valuations which illustrate its growth trends and competitive landscape as well as the key players in the business.
Phosphate Ester Market Size and Value
Phosphate Ester Market is valued at USD 1.91 Billion in 2018 and expected to reach USD 3.28 Billion by 2025 with the CAGR of 8% over the forecast period
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Scope of Phosphate Ester
Phosphate Ester is mainly generated from cleanroom construction materials. These phosphates are regularly used as anti-fire retardants that are added to HEPA gel such as foam, sealant and other construction materials. Also they are used as plasticizers or stabilizers. Phosphates such as TBP, TCrP, TEP, TCEP, and TCPP are often detected in cleanroom air. A compound formed by replacing the hydrogen of an acid by a hydrocarbon radical of the ethyl type is nothing but this Phosphate Ester. This name was invented by the German chemist Gmelin and was some time ago because he died in 1853. It can be produced by the reaction of an organic or inorganic acid with another organic compound or alcohol containing the hydroxyl (-OH) radical and it can be called organic salts of orthophosphoric acid O=P (OH) 3.
The phosphate ester market is segmented into type and industry segmentation. On the basis of type the market is segmented into MONOPHOSPHATE, DIPHOSPHATE AND TRIPHOSPHATE. On the basis of industry segmentation the market is segmented into flame retardants, lubricants and cleaning products.
The regions covered in this phosphate ester market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of phosphate ester is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Phosphate Ester Companies
- Chemtura, Dow
- ExxonMobil
- Akzo Nobel
- Elementis Specialties
- Solvay
- Ashland
- IsleChem
- BASF
- Custom Synthesis
- Croda
- Stepan
- Eastman
- Colonial Chemical
- Clariant
- Lanxess
- Castrol Limited
- Kao
- Ajinomoto
- Fortune
- Zhenxing
- Ankang
- Xinhanand
- Others
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Phosphate Ester NEWS:
Stepan Acquired NatSurFact Business from Logos Technologies.
March 27, 2020 Stepan Company is a major manufacturer of specialty and intermediate chemicals used in a broad range of industries has reported that it has acquired Logos Technologies LLC’s NatSurFact Business Company which is a rhamnolipid-based line of bio-surfactants which are derived from renewable sources. Stepan Company is leading commercial producer of surfactants which are the key ingredients inindustrial and consumer cleaning compounds and in agricultural and oilfield solutions also.
Increasing Applications in myriad industries is Driving Phosphate Ester Market.
There are huge application of phosphate ester products in myriad industries such as flame retardant, food, detergent, paints, wastewater treatment & coatings and surfactant which is the main cause of the growth of Phosphate esters market. Also all these products are admirable hydro types as well as coupling agents and provide high explosion temperatures along with outstanding oxidation stability. In addition increasing application of Phosphate Esters in metal finishing, textile auxiliaries, emulsion polymerization and maintenance chemicals is driving the Phosphate esters market trend. Furthermore, the massive use of phosphate esters in oil & gas, polymer & plastics, metalworking fluids, agrochemicals and textile & leather sectors as a result of their fire resistant & self-extinguishing features will enlarge the scope of Phosphate esters market in forecast period. However, high maintenance costs of the processes & systems making use of phosphate esters is the restraining factor in the growth of Phosphate Ester Market.
Asia Pacific is dominating the Phosphate Ester Market.
Geographically, Asia Pacific region is dominating the phosphate ester market. This is due to continuously increasing demand for plastics and polymers in developing countries such as India and China in Asia Pacific region and this is due to the industrial,economic and infrastructural development in these countries. For instance, According to Asian Development Bank, The aggregate of remittances to developing member economies in Asia and the Pacific reached $297.1 billion in 2018, up significantly from $35.5 billion in 2000.
Also North America and Europe region are at second position in dominance. This is due to the U.S. Environmental Protection Agency stating the products to be toxic to human beings as well as wildlife, the phosphate esters market in the region are fueling the growth of the market.
Key Benefits for Global Phosphate Ester Market Reports –
- Global market report covers in depth historical and forecast analysis.
- Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
- Global market report helps to identify opportunities in market place.
- Global market report covers extensive analysis of emerging trends and competitive landscape.
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Global Phosphate Ester Market Segmentation –
By Type
- Monophosphate
- Diphosphate
- Triphosphate
By Industry Segmentation
- Flame Retardants
- Lubricants
- Cleaning Products
By Regional & Country Analysis:
North America, U.S., Mexico, Canada , Europe, UK, France, Germany, Italy , Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of Middle East and Africa
Table of Content
1. Chapter – Report Methodology
1.1. Research Process
1.2. Primary Research
1.3. Secondary Research
1.4. Market Size Estimates
1.5. Data Triangulation
1.6. Forecast Model
1.7. USP’s of Report
1.8. Report Description
2. Chapter – Global Phosphate Ester Market Overview: Qualitative Analysis
2.1. Market Introduction
2.2. Executive Summary
2.3. Global Phosphate Ester Market Classification
2.4. Market Drivers
2.5. Market Restraints
2.6. Market Opportunity
2.7. Phosphate Ester Market: Trends
2.8. Porter’s Five Forces Analysis
2.9. Market Attractiveness Analysis
3. Chapter – Global Phosphate Ester Market Overview: Quantitative Analysis
4. Chapter – Global Phosphate Ester Market Analysis: Segmentation By Type
5. Chapter – Global Phosphate Ester Market Analysis: Segmentation By Application
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