Triethyl phosphate is a colorless, corrosive liquid. It is the triester of ethanol and phosphoric acid and can be called "phosphoric acid, triethyl ester". Primary customer uses for triethyl phosphate are as an industrial catalyst (e.g., in the manufacture of ketene) and as a flame retarder. Triethyl phosphate is also used in small amounts as a solvent or industrial intermediate for the production of pesticides and other chemicals.
In terms of revenue, the global Triethyl Phosphate market was valued 85.39 million USD in 2016, and is estimated to be worth 96.72 million USD by 2022. In terms of volume, the production of Triethyl Phosphate was about 28958 MT in 2016. And it is anticipated to reach 35123 MT by 2022.
China is the dominate producer of Triethyl Phosphate, the production was 19844 MT in 2016, accounting for about 68.53% of the total amount, followed by North America, with the production market share of 18.47%. While with the increasingly stringent requirements on environmental protection, local governments are required to close down some triethyl phosphate producers whose annual production capacity is small or whose product quality is not up to standard.
The industry concentration of Triethyl Phosphate is relatively high. Most manufacturers are distributed in China. Leading players in Triethyl Phosphate industry are Eastman, Lanxess, Ningguo Long Day Chemical, Jilin Yonglin, Hongzheng Chemical, etc. Ningguo Long Day Chemical is the largest manufacturer, with the production market share of 21.09% in 2016.
According to this study, over the next five years the Triethyl Phosphate market will register a 1.9% CAGR in terms of revenue, the global market size will reach US$ 100 million by 2024, from US$ 87 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Triethyl Phosphate business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Triethyl Phosphate market by product type, application, key manufacturers and key regions and countries.
This study considers the Triethyl Phosphate value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Industrial Grade
Superior Grade
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Chemical Catalyst
Flame Retardant
Organic Solvent
Pesticide Intermediates
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Eastman
Lanxess
Ningguo Long Day Chemical
Jilin Yonglin
Hongzheng Chemical
Donghu Chemical
...
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Triethyl Phosphate consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Triethyl Phosphate market by identifying its various subsegments.
Focuses on the key global Triethyl Phosphate manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Triethyl Phosphate with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Triethyl Phosphate submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Triethyl Phosphate . Industry analysis & Market Report on Triethyl Phosphate is a syndicated market report, published as Global Triethyl Phosphate Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Triethyl Phosphate market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.