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.
The global Triethyl Phosphate market was 87 million US$ in 2018 and is expected to 110 million US$ by the end of 2025, growing at a CAGR of 2.5% between 2019 and 2025.
This report studies the Triethyl Phosphate market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Triethyl Phosphate in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Ningguo Long Day Chemical
By the product type, the market is primarily split into
By the end users/application, this report covers the following segments
We can also provide the customized separate regional or country-level reports, for the following regions:
Rest of Asia-Pacific
Rest of Europe
Central & South America
Rest of Central & South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives of this report are:
To study and analyze the global Triethyl Phosphate market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
To understand the structure of Triethyl Phosphate market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
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 project the value and volume 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.
In this study, the years considered to estimate the market size of Triethyl Phosphate are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million USD) and volume (MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Triethyl Phosphate market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Raw material suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Triethyl Phosphate market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.