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MarketsandMarkets™ Presents Phosphate Ester Market by Type, Application & Region 2/20/2019Kailas Suryawanshi1.

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Presentation on theme: "MarketsandMarkets™ Presents Phosphate Ester Market by Type, Application & Region 2/20/2019Kailas Suryawanshi1."— Presentation transcript:

1 MarketsandMarkets™ Presents Phosphate Ester Market by Type, Application & Region 2/20/2019Kailas Suryawanshi1

2 Phosphate Esters Market worth 1,179.8 Million USD by 2022 The report "Phosphate Ester Market by Type (Triaryl Phosphate Esters, Trialkyl Phosphate Esters, Alkyl Aryl Phosphate Ester), Application (Lubricants, Surfactants, Pesticides, Fire Retardants), Region (North America, Europe, Asia-Pacific) - Global Forecast to 2022",The phosphate esters market is estimated to be USD 843.9 Million in 2017 and is projected to reach USD 1,179.8 Million by 2022, at a CAGR of 6.9% from 2017 to 2022. 2/20/2019Kailas Suryawanshi2

3 Phosphate Esters Market worth 1,179.8 Million USD by 2022 Browse >> 165 data tables 50 figures 201 pages and in-depth TOC on “ Phosphate Esters Market ” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. [201 Pages Report] Phosphate Ester Market is estimated to be USD 843.9 Million in 2017 and is projected to reach at USD 1,179.8 Million by 2022, at a CAGR of 6.9% from 2017 to 2022. Report Price : Single User License : US $ 5650 Corporate User License : US $ 8150 2/20/2019Kailas Suryawanshi3

4 Phosphate Esters Market worth 1,179.8 Million USD by 2022 The growth of the phosphate esters market is driven by the increasing demand from Asia Pacific and the Middle East & Africa and the increased use of non-halogenated phosphorus esters in various applications, such as lubricants, paints & coatings, and surfactants, among others. Based on type, the triaryl phosphate esters segment is estimated to be the fastest- growing segment of the market in 2017 The triaryl phosphate esters segment is expected to be the fastest-growing segment of the phosphate esters market in 2017. Triaryl phosphate esters are widely used as fire retardants and hydraulic fluids, owing to their self-extinguishing properties. As hydraulic fluids, they offer excellent anti-foaming properties under extreme conditions. The viscosity of phosphate esters is retained during their life cycle, which provides good corrosion protection for a longer period. Owing to these properties, phosphate esters are widely used as hydraulic fluids in power station turbines. Asia Pacific and North America are the major markets for triaryl phosphate esters, in terms of value and volume. 2/20/2019Kailas Suryawanshi4

5 Phosphate Esters Market worth 1,179.8 Million USD by 2022 The lubricants application segment is estimated to be the largest segment of the phosphate esters market in 2017 The lubricants segment is estimated to be the largest application segment of the phosphate esters market. Phosphate esters are used as lubricants in industrial applications, such as turbines and compressors, due to their excellent oxidation stability and good anti-wear properties. Phosphate esters offer excellent flame retardant property, high ignition temperatures, excellent oxidation stability, and very low vapor pressures, which makes them difficult to burn. This has resulted in their increased demand for fire resistance lubricants in the recent years. 2/20/2019Kailas Suryawanshi5

6 Phosphate Esters Market worth 1,179.8 Million USD by 2022 Asia Pacific is expected to witness the highest growth in the phosphate esters market during the forecast period Asia Pacific is expected to be the fastest-growing market for phosphate esters during the forecast period, owing to the presence of high growth economies in the region. Emerging countries, such as China and India are the world’s major producers and consumers of phosphate esters. 2/20/2019Kailas Suryawanshi6

7 Phosphate Esters Market worth 1,179.8 Million USD by 2022 Key players operational in the phosphate esters market include Lanxess AG (Germany), Elementis plc (UK), Akzo Nobel N.V. (Netherlands), Solvay S.A. (Belgium), Exxon Mobil Corporation (US), Ashland Inc. (US), and Stepan Company (US), among others. Purchase a Copy of this Report Today ! 2/20/2019Kailas Suryawanshi7

8 Phosphate Esters Market worth 1,179.8 Million USD by 2022 MARKET LEADER The phosphate esters market is estimated to be USD 843.9 million in 2017 and is projected to reach USD 1,179.8 million by 2022, at a CAGR of 6.9% from 2017 to 2022. Phosphate esters are increasingly used in in various applications, such as lubricants, surfactants, pesticides, fire retardants, hydraulic fluids, plasticizers, and paints & coatings, among others. The growing demand for phosphate esters from these applications is expected to drive the phosphate esters market. 2/20/2019Kailas Suryawanshi8

9 Phosphate Esters Market worth 1,179.8 Million USD by 2022 Lanxess AG (Germany), Elementis plc (UK), Akzo Nobel N.V. (Netherlands), and Solvay S.A. (Belgium) are recognized as visionary leaders in the phosphate esters market. These companies are focused on investing in plant capacity expansions. They have the potential to broaden their product portfolio and compete with other key market players. Exxon Mobil Corporation (US), Ashland Inc. (US), and Stepan Company (US) are recognized as innovators. Innovators have a focused product portfolio. However, they do not have very strong growth strategies for their overall business as compared to visionary leaders. 2/20/2019Kailas Suryawanshi9

10 Phosphate Esters Market worth 1,179.8 Million USD by 2022 In April 2017, Lanxess AG, acquired Chemtura, one of the leading suppliers of flame retardants and lubricant additives. The acquisition helped expand Lanxess’ additives product portfolio. It also strengthened the company’s position in the North American region. In June 2016, Lanxess AG expanded its Rhein Chemie Additives business unit with the development of innovative flame retardants. This expansion was made in order to meet the growing demand for halogen-free flame retardants from the automotive, buildings, and electronics sectors. This will enhance the company’s product portfolio in the flame retardants category. 2/20/2019Kailas Suryawanshi10

11 Phosphate Esters Market worth 1,179.8 Million USD by 2022 In June 2016, Lanxess expanded the storage capacity of the phosphoric acid ester plant at its Leverkusen site. The new storage facility ensures a reliable supply of raw materials. This positively impacted the manufacturing of its phosphoric acid esters Levagard and Disflamoll. In February 2013, Elementis plc (UK), acquired Hi-Mar Specialty Chemicals, LLC (US), a coating additives company, for USD 33 million. This acquisition is expected to help the company expand its products and technical services in the North American region. In September 2012, Elementis expanded its production facility for specialty rheological additives and dispersants at an industrial park owned by Bayer Material Science, LLC at New Martinsville, West Virginia. This expansion was carried out in order to meet the market demand. 2/20/2019Kailas Suryawanshi11

12 Phosphate Esters Market worth 1,179.8 Million USD by 2022 KEY REVENUE POCKETS Phosphate esters offer fire-resistance, anti-wear properties, and good chemical resistance, due to which they do not react with metals and chemicals in various mechanical systems. Phosphate ester products can withstand a wide range of temperatures. They can also withstand corrosive industrial agents and hydraulic system environments. These properties of phosphate esters have led to their increased use in hydraulic systems, lubricants, and fire retardants. The phosphate esters market is estimated to be USD 843.9 million in 2017 and is projected to reach USD 1,179.8 million by 2022, at a CAGR of 6.9% from 2017 to 2022. Non-halogenated phosphorous esters are expected to drive the market, due to their increased use in various application industries, such as lubricants, paints & coatings, and surfactants, among others. 2/20/2019Kailas Suryawanshi12

13 Phosphate Esters Market worth 1,179.8 Million USD by 2022 Based on type, the triaryl phosphate esters segment is estimated to be the fastest-growing segment of the phosphate esters market in 2017. Triaryl phosphate esters are widely used as fire retardants and hydraulic fluids, owing to their self-extinguishing properties. Asia Pacific and North America are the major markets for triaryl phosphate esters, in terms of value and volume. Some common triaryl phosphate esters include CDP (Cresyl Diphenyl Phosphate), TCP (Tricresyl Phosphate), and TPP (Triphenyl Phosphate). 2/20/2019Kailas Suryawanshi13

14 Phosphate Esters Market worth 1,179.8 Million USD by 2022 The plasticizers segment is estimated to be the fastest-growing application segment of phosphate esters market during the forecast period, owing to their good gelling behavior and low-temperature performance. Phosphate esters are used as plasticizers in various polymers, such as polyvinyl chloride, thermoplastic polyurethane, and polyurethane foams. Their inherent fire retarding property is used to improve the behavior of plasticized polymers in various applications. Asia Pacific is expected to be the fastest-growing market for phosphate esters during the forecast period, owing to the presence of high growth economies in the region. Emerging countries, such as China and India are the world’s major producers and consumers of phosphate esters. 2/20/2019Kailas Suryawanshi14

15 Contact Us Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email: sales@marketsandmarkets.comsales@marketsandmarkets.com 2/20/2019Kailas Suryawanshi15

16 Thank You ! 2/20/2019Kailas Suryawanshi16


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