openPR Logo
Press release

By 2025, Phosphate Esters Market will exhibit growth of 8% | Eastman Chemical company, Ashland Inc., Castrol Ltd, BASF SE, Lanxess AG, Akzo Nobel N.V., Elementis PLC, Solvay S.A., Exxon Mobil Corporation

By 2025, Phosphate Esters Market will exhibit growth of 8% |

Comprising of a vast application scope, the growth prospects of Phosphate Esters Market have picked up pace in recent years. In developing countries, various sectors of the economy have witnessed unprecedented growth over time due to improving economic conditions of the people. The aerospace industry, in particular, has grown over the years with people traveling frequently for business, education, leisure, and medical conditions.

Request a sample of this research report @

Top Key Players in The Market are:
Phosphate esters manufacturers are constantly expanding their product portfolio to increase their profit margin and achieve competitive advantage. Key industry players include Lakeland Laboratories Ltd., Lanxess AG, BASF SE, Daihachi Chemical Company, and Israel Chemical Ltd., among several others.

A considerable increase in defense and military budgets due to political instability and cross border tension is supporting the use of advanced aviation solutions. Phosphate esters as fire resistant hydraulic fluids are used in aircraft components such as hydraulic brakes, excavators, aircraft carriers, aircraft flight control systems, turbines and compressors, lifts, and power steering systems among various others.

Fire-resistant characteristics of the material makes it a viable option for various applications like plastic, PVC, film, and cables to enhance the behavior of plasticized polymers. Moreover, the ability of phosphate ester to showcase low viscosity is integral to hydraulic fluids. Estimates suggest that global phosphate esters market size will reach over US$3 billion in yearly revenues by 2025.

Increasing adoption of triaryl phosphate ester

Triaryl phosphate ester is gaining widespread demand due to antifoaming characteristics and is being used in the aircraft flight control systems, hydraulic brakes, and power steering systems for hydraulic fluids. Moreover, triaryl phosphate ester also finds application across lubricants, fire retardants, surfactants, agrochemicals, and plasticizers.

These industry players are signing mergers, entering into collaborations, and acquiring other companies in the field to improve their offerings and expand their global presence. In April 2017, Germany based chemical company Lanxess acquired leading American supplier of flame retardant and lubricant additives Chemtura. The purchase aimed at increasing the production capabilities of Lanxess and strengthening its position in the market.

Request for an in-depth table of contents for this report @

Asia Pacific is expected to emerge among the most significant regional grounds for phosphate esters registering a CAGR of 8.3% through 2025 in terms of revenue growth. The APAC trialkyl phosphate ester industry was expected to generate revenue of more than USD 40 million by 2025. Increasing industrialization in APAC due to investments from foreign companies as well as frequently changing consumer preferences will boost regional product demand.

High toxicity of the product to impact the market growth

Strict rules established regarding the adoption and use of the product as fertilizer and pesticide in agriculture and as a hydraulic fluid in various other sectors of the economy, due to its high toxicity level may pose a threat to the market growth. Direct contact of phosphate ester with eyes or skin may cause irritation, itching, burning sensation, red rashes on the skin, and stinging sensation to eyes. However, the development of bio-based esters to address issues related to synthetic esters will support the demand for phosphate esters in the coming years.

Browse More News:

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release By 2025, Phosphate Esters Market will exhibit growth of 8% | Eastman Chemical company, Ashland Inc., Castrol Ltd, BASF SE, Lanxess AG, Akzo Nobel N.V., Elementis PLC, Solvay S.A., Exxon Mobil Corporation here

News-ID: 2294827 • Views: 505

More Releases from Global Market Insights Inc.

Latest Research Report On Agricultural Adjuvants Market 2021. Major Players Incl …
The agricultural adjuvants market is expected to observe noteworthy growth on account of increasing demand for high-quality crops. Adjuvants commonly act as an additive in pesticides that increase its effectiveness and smoothen its mixing application. The demand for plant protection products in countries like Bangladesh, India, and Vietnam has surged considerably in recent years. Ever-increasing population across developing economies has forced farmers to produce large quantities of high-quality yields. Citing
U.S. Minoxidil Market 2021 Growth Opportunities and Competitive Landscape 2027 - …
The U.S. minoxidil industry has been impacted by the COVID-19 pandemic in the form of increased stress amid job losses and health issues, creating rising incidences of hair fall and associated problems. The industry is expected to gain commendable proceeds on account of an upsurge in research studies concerned with the effectiveness of minoxidil. Citing one such instance, in January 2021, a study published in the Dermatologic Therapy supported the efficacy
Global Sulfosuccinate Market 2021 Future Growth With Technology and Current Tren …
Owing to these factors, estimates have revealed that the global sulfosuccinate market size will exceed USD 475.7 million in annual estimation by 2024. Increasing adoption of high-performance materials that meet application-specific requirements across various industries, including pharmaceuticals will stimulate the need for sulfosuccinate compounds. The surging disposable incomes of consumers mainly across the developing nations have also fueled their spending capacities on household and personal care. Sulfosuccinates are mainly a mild type
By 2026, Graphene Market will register over 35% CAGR | Applied Nanotech, Inc, an …
The global Graphene Market is slated to gain significant momentum over the forthcoming years, as a result of the growing product consumption in the electronics sector, particularly in developing countries. This high consumption can be attributed to its superior qualities such as high electrical conductivity, durability, and toughness. Request a sample of this research report @ Top Key Players in The Market are: Graphenea S.A., Applied Graphene Materials plc, ACS

All 5 Releases

More Releases for Phosphate

Global Magnesium Ascorbyl Phosphate Market Insights, Forecast
The global Magnesium Ascorbyl Phosphate market is valued at million US$ in 2018 and will reach million US$ by the end of 2025, growing at a CAGR of during 2019-2025. The objectives of this study are to define, segment, and project the size of the Magnesium Ascorbyl Phosphate market based on company, product type, end user and key regions. This report studies the global market size of Magnesium Ascorbyl Phosphate
Latest Calcium Phosphate Market Report by Growth, Size, Share and Forecast Till …
A new business intelligence report released by Up Market Research on “Global Calcium Phosphate Market”. Report provides a comprehensive market analysis with future prospects to 2026. Report focuses on the major drivers and restraints providing analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. Get Sample Copy Of This Report @ The report contains pages which highly exhibit on current market analysis scenario, upcoming as well
Calcium Phosphate Market Report 2018: Segmentation by Product (Mono Calcium Phos …
Global Calcium Phosphate market research report provides company profile for Sichuan Hongda, Jindi Chemical, Yunnan Xinlong, Mianzhu Panlong Mineral, J.R. Simplot Company, Lomon Group, Advance Inorganics, Nitta Gelatin Inc, Raymon Patel Gelatine Pvt. Ltd., Timab, Fosfitalia SpA, Gadot Biochemical Industries and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms
Calcium Phosphate Market 2018 Size, Shares | Global Industry Revenue by Top Key …
Calcium phosphate is a family of materials and minerals containing calcium ions (Ca2+) together with inorganic phosphate anions. Some so-called calcium phosphates contain oxide and hydroxide as well. The Asia-Pacific region dominated the market in the historic year 2017 and is expected to grow at the fastest rate among all areas across the world, followed by North America and then Europe. Global Calcium Phosphate Market research report 2018 and forecast to 2023
Phosphate Esters Market
Introduction: During the time of discovery of their excellent fire resistance and antiwear properties in the early 1940s, the employment of phosphate esters by various industry verticals has steadily increased over the time. Phosphate esters are generally used as fire resistant base stocks especially in applications such as turbines, hydraulic systems and compressors among others. The first commercially available phosphate ester product was synthesized from the derivatives of coal tar and
Research Report On Phosphate Fertilizers Market -2017
About Phosphate Fertilizers Market In this report, the global Phosphate Fertilizers market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Access Full Report: Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Phosphate Fertilizers in these regions, from