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Phosphate Esters Market Is Anticipated To Generate Significant Revenues By 2025
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Isopropylphenyl diphenyl phosphate, and tertiary butylphenyl phosphate are the examples of synthetic phosphate esters. Phosphate esters can be produced as monoesters or diesters or a mixture of both. Monoesters are a result of reaction between polyphosphoric acid and either of alcohol, alcohol ethoxylates, or phenyl ethoxylates. Mixture of monoesters and diesters can be obtained by the reaction of alcohol or alcohol ethoxylates, or phenyl ethoxylates with phosphorus pentoxide. Phosphate esters can be used in various applications. They are considered among the most versatile surfactants. Phosphate esters possess numerous advantages over other surfactants. Their stability and solubility in alkali state is the major advantage. They are also excellent hydrotropes and coupling agents, and offer high ignition temperatures and excellent oxidation stability. These are some of the other advantages of phosphate esters.
They are used in various applications including emulsion polymerization, textile auxiliaries, maintenance chemicals, and metal finishing. Phosphate esters are widely employed in industrial applications in the production of specialized chemicals due to their unique properties. They are used to manufacture many products used in household cleaning applications such as detergents. However, the systems and processes employing phosphate esters usually entail high maintenance as compared to other conventional mineral fluids. Thus, there always exists the need to substitute phosphate esters in order to lower maintenance costs.
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Major players operating in the global phosphate esters market include Lanxess AG, Akzo Nobel N.V., Exxon Mobil Corporation, Solvay S.A., Ashland Inc., Elementis plc, and Stepan Company.
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