Phosphate Esters Market to grow at 8% CAGR up to 2025 - PowerPoint PPT Presentation

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Phosphate Esters Market to grow at 8% CAGR up to 2025

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More Information @ Phosphate ester market is witnessing steady growth from Asia Pacific and North America due to increased use of non-halogenated phosphorus esters in numerous industrial applications. – PowerPoint PPT presentation

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Title: Phosphate Esters Market to grow at 8% CAGR up to 2025


1
Phosphate Ester Market to cross 3 billion by
2025 Global Market Insights Inc.
2
Industry Overview
  • Phosphate Ester Market to surpass USD 3 billion
    by 2025 driven by growth in aerospace industry
    in developed nations. Phosphate ester market is
    witnessing steady growth from Asia Pacific and
    North America due to increased use of
    non-halogenated phosphorus esters in numerous
    industrial applications. The escalating number of
    property renovation projects and modern
    construction systems in the region will further
    stimulate the demand for the product. The major
    benefit of phosphate esters is their intrinsic
    fire retarding property which is largely required
    in formidable applications such as plastic, PVC,
    film cables to improve the behavior of
    plasticized polymers.
  • Triaryl phosphates such as alkyl diaryl
    phosphates and triphenyl phosphate are two major
    class of this type of plasticizers. Phosphate
    esters used in PVC as flame retardant compliments
    the production of household products. Employment
    of these esters as fire resistant hydraulic fluid
    leads to a widespread utility in industries
    operating hydraulic systems such as excavators,
    aircraft carriers, hydraulic brakes, power
    steering systems, aircraft flight control system,
    lifts, turbines and compressors etc.

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Continue
  • Dibutyl phenyl phosphate is solely used as an
    aircraft hydraulic fluid and trixylenyl phosphate
    is utilized exclusively in the formation of
    industrial hydraulic fluids. Therefore,
    increasing usage of the product as a base stock
    substrate will propel phosphate ester market in
    coming years.
  • Stringent regulatory compliances related to the
    toxicity of the product used as pesticides and
    fertilizers and development of cost-effective
    alternatives to the product is expected to hinder
    the progress of the phosphate ester market in the
    near future. Moreover, development of bio-based
    esters will likely generate lucrative
    opportunities during the forecast timespan.
  • With over 40 of the industry share triaryl
    phosphate ester will foresee growth at a
    significant pace due to its huge acceptance as a
    synthetic polyolester base stocks owing to their
    excellent oxidation stability and good anti-wear
    properties. The trialkyl phosphate ester market
    size will reach over USD 400 million by the end
    of 2025, owing to its rising usage as rust
    corrosion inhibitors. Trialkyl phosphate esters
    are composed as an anti-wear, emulsifying, and
    antifoaming agents in machinery as engine oils,
    compressor oils, gear oils, and piston oils.
    These lubricants are also used as cutting fluids
    in many industries.

4

Browse Full Market Research Report Of Phosphate
Esters Market _at_ https//bit.ly/2PSgYy5
Request for a Sample of this Research
report _at_ https//bit.ly/2QIivfr
5
U.S. phosphate esters market size, by
application, 2014 2025 (USD Million)

6
Industry Coverage

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Continue
  • Based on volume, fire retardant segment captured
    over 20 of the phosphate ester market share in
    2017. The hydraulic fluid segment is poised to
    exceed USD 500 million by 2025. The
    miniaturization trend and fusion prototype
    sighted in industrial and consumer goods might
    create an assembly confront. Phosphate ester
    hydraulic fluids are primarily used in industries
    where a significant fire hazard would exist if a
    rupture would occur in a hydraulic line. For
    example, its plays a vital role in aircraft
    carriers in aircraft catapult systems, flight
    deck elevators, steel mill equipment such as
    hydraulic doors on blast furnaces, control fluid
    for steam turbines for electricity generation.
  • Based on volume, North America driven by the
    U.S. will exhibit CAGR of over 7.5. The regional
    triaryl phosphate ester market will capture close
    to USD 350 million by the end of forecast
    timespan. Moreover, huge expenditure in research
    innovation and high technology industrial
    equipment in U.S. will augment the market growth
    by 2025.
  • Global phosphate ester market is highly
    competitive due to presence of large number of
    industry players as well as unorganized sector.
    Some major players in the industry are, Clariant,
    Lanxess AG, BASF SE, Israel Chemical Ltd, Eastman
    chemical company Elementis PLC, Solvay S.A., Akzo
    Nobel N.V., Ashland Inc., Lakeland Laboratories
    Ltd., Daihachi chemical company.

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