Press release
Global Triethyl Phosphate Industry Research Report, Growth Trends and Competitive Analysis 2018-2025
In terms of production side, this report researches the Triethyl Phosphate capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Triethyl Phosphate by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
Triethyl phosphate is a colorless, corrosive liquid. It is the triester of ethanol and phosphoric acid and can be called "phosphoric acid, triethyl ester". Primary customer uses for triethyl phosphate are as an industrial catalyst (e.g., in the manufacture of ketene) and as a flame retarder. Triethyl phosphate is also used in small amounts as a solvent or industrial intermediate for the production of pesticides and other chemicals.
In terms of revenue, the global Triethyl Phosphate market was valued 85.39 million USD in 2016, and is estimated to be worth 96.72 million USD by 2022. In terms of volume, the production of Triethyl Phosphate was about 28958 MT in 2016. And it is anticipated to reach 35123 MT by 2022.
China is the dominate producer of Triethyl Phosphate, the production was 19844 MT in 2016, accounting for about 68.53% of the total amount, followed by North America, with the production market share of 18.47%. While with the increasingly stringent requirements on environmental protection, local governments are required to close down some triethyl phosphate producers whose annual production capacity is small or whose product quality is not up to standard.
The industry concentration of Triethyl Phosphate is relatively high. Most manufacturers are distributed in China. Leading players in Triethyl Phosphate industry are Eastman, Lanxess, Ningguo Long Day Chemical, Jilin Yonglin, Hongzheng Chemical, etc. Ningguo Long Day Chemical is the largest manufacturer, with the production market share of 21.09% in 2016.
The Triethyl Phosphate market was valued at 87 Million US$ in 2017 and is projected to reach 110 Million US$ by 2025, at a CAGR of 2.5% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Triethyl Phosphate.
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This report includes the following manufacturers; we can also add the other companies as you want.
Eastman
Lanxess
Ningguo Long Day Chemical
Jilin Yonglin
Hongzheng Chemical
Donghu Chemical
Market Segment by Product Type
Industrial Grade
Superior Grade
Market Segment by Application
Chemical Catalyst
Flame Retardant
Organic Solvent
Pesticide Intermediates
Others
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