Phosphate Esters Market
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Phosphate Esters Market is expected to reach USD 1696.9 Million by 2026 from USD XX Million in 2018 at a CAGR of XX %.
Innovation in technology, demand for lubricant additives in automotive industry, increasing government initiatives, growing demand for lubricants for industrial applications and increase in adoption of phosphate ester for applications in various industries are factors, that will propel the demand for phosphate ester over forecast
Triaryl phosphate esters segment is expected to be one of the major contributors for the market during the forecast period. Triaryl phosphate esters are largely used as fire retardants and hydraulic fluids due to their self-extinguishing properties.
Plasticizers segment is expected to hold one of the largest shares of the market during the forecast period. Phosphate esters are usually used as plasticizers with different polymers including thermoplastic chloride, polyurethane and polyurethane foams owing to their good gelling behaviour, good fire retardation and low-temperature performance.
Geographically, the Asia Pacific is expected to be one of the largest markets for phosphate esters during the forecast period. This is due to the increasing end-use industries across the emerging countries, such as China and India in this regions.
For more information to visit :https://www.maximizemarketresearch.com/market-report/phosphate-ester-market/2600/
Scope of the report:
Phosphate Esters Market, by Type:
• Triaryl Phosphate Esters
• Trialkyl Phosphate Esters
• Alkyl Aryl Phosphate Esters
Phosphate Esters Market, by Application:
• Fire Retardants
• Hydraulic Fluids
• Paints & Coating
Phosphate Esters Market, by Geography:
• North America
• Asia Pacific
• Middle East & Africa
• Latin America
Key Players Operating in the market:
• Lanxess AG (Germany)
• Akzo Nobel N.V. (Netherlands)
• Elementis plc (UK)
• Solvay S.A. (Belgium)
• Ashland Inc. (US)
• Exxon Mobil Corporation (US)
• Stepan Company (US)
• DOW Chemical Company (US)
• Castrol Limited (UK)
• Croda International PLC (UK)
• Israel Chemicals Ltd. (Israel)
• BASF SE (Germany)
This Report Is Submitted By : Maximize Market Research Company
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Last Update : Feb 10, 2020
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