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Tributyl Citrate Market to increase rapidly by 2024

10-02-2017 10:54 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research

Tributyl Citrate (TBC) Market: Overview 

Tributyl Citrate (TBC), also known as Butyl Citrate, Tri-n-butyl citrate, and Tributyl Ester, is a colorless, non-toxic, and oily liquid with a high boiling point and fruity flavor at room temperature. It is insoluble in water, but dissolves in acetic acid, acetone, castor oil, carbon tetrachloride, mineral oil, and methanol. Known to react with oxidizing reagents, TBC is produced through esterification of citric acid with 1-butanol and concentrated sulfuric acid acting as a catalyst. 

TBC is widely used in food wrapping films, soft toys for children, cosmetics, and as a plasticizer for polymers such as poly vinyl chloride (PVC) and its copolymers. It aids maintenance of color when processed with resins due to its excellent heat stability. 

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Tributyl Citrate (TBC) Market: Trends

Products manufactured using TBC are able to withstand cold, mildew, and water. It is used for granulation of non-toxic PVC, besides being an authorized plasticizer in various industries including food contact, food packaging materials, food additives, pharmaceuticals, medicines, cosmetics, flavors and fragrances, and adhesives. It is also utilized in cigarette filters to retain moisture. TBC is a competent fragrance carrier, and thereby applied on a large scale in cosmetic products. 

Salient properties of TBC include good compatibility, weather resistance, non-toxicity, limited volatility, and high plasticizing efficiency. It recently replaced phthalate ester, which is carcinogenic and is known to have adverse effects on human health, as a safer, and hence, preferred alternative. With increasing environmental awareness and improvements in regulations, the TBC market is expected to experience a steady growth rate during the forecast period. 

Tributyl Citrate (TBC) Market: Region-wise Outlook

TBC is extensively employed as a plasticizer and food additive in the global market. In Europe, it finds applications in packaging of food and medical products, pharmaceuticals, flavors and fragrances, children’s soft toys, and manufacturing of cosmetics.

With prominent economies such as China formulating rules and regulations concerning the limited usage of toxic plasticizers and incorporating TBC in multiple sectors, the market in Asia Pacific is also anticipated to expand in the next few years. 
Latin America and Middle East & Africa are likely to witness a comparatively sluggish rate of growth during the forecast period owing to the lack of TBC-related awareness in this region.

Tributyl Citrate (TBC) Market: Key Players

Some of the key players operating in the global TBC market include Chemport India LLP, Vertellus Holdings LLC, and Jungbunzlauer Suisse AG.

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The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)

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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

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