Triethyl Phosphate Market By Application (Chemical Catalyst, Flame Retardant, Organic Solvent, Pesticide Intermediates, Others) By Product (Industrial Grade, Superior Grade): Growth, Future Prospects & Competitive Analysis, 2015 - 2027

Market Insights

The Triethyl Phosphate market is expected to cross market value of USD 102.2 million in 2027 from USD 94.5 million in 2020. It is expected to grow at a CAGR of over 2.9% during the forecast period.

TEP, also known as Phosphoric acid triethyl ester, is a corrosive, colorless, mild-smelling solvent with the chemical formula (C2H5)3PO4. The compound is mainly used as a catalyst in the ketene process to produce acetic anhydride, as well as a solvent and plasticizer for plastics, resins, gums, and other similar materials. TEP is also used as a starting material for insecticides including tetraethyl pyrophosphate. TEP can be made in a variety of ways, including reacting tetraethyl hypophosphate with ethanol in the presence of aluminum ethoxide, treating triethylphosphite with diethyl hydrogen phosphate, etc. Credence Research is offering report titled as “Global Triethyl Phosphate Market” which will cover accurate and in-depth insights.

Key Market Drivers and Restraints

Factors that have high impact on the market growth of Triethyl Phosphate will be covered her. Also, covers factors that may challenge or act as opportunity for market will be discussed in order to identify the revenue generation.

Drivers

With the increasing demand for plasticizers in the production of resins, plastics, and gums, the growth of the Triethyl phosphate market is expected to be aided by the potential, as the chemicals serve as a good example of plasticizer in the production of various forms of polymer. In addition, rising demand for fire retardant materials from various end-use industries such as building, textiles, electrical and electronics, transportation, automobiles, and so on is expected to boost Triethyl Phosphate consumption. Apart from industrial chemicals, the agrochemicals industry, which uses Triethyl Phosphate as an element (i.e. an intermediate) in the production of pesticides and insecticides, is expected to boost the growth of Triethyl Phosphate.

Asia-Pacific to Dominate the global Triethyl Phosphate market

On geographic front, the global Triethyl Phosphate market comprises six regions with all key economies pertaining to it. Credence Research is providing in-depth insight on prominent regions of global Triethyl Phosphate market. Asia-Pacific dominated with over 67% share in 2020.

Global Triethyl Phosphate Market is led by the Industrial Grade

Industrial Grade and Superior Grade are two major products of Triethyl Phosphate. In 2020, Industrial Grade segment accounted for the largest share of Triethyl Phosphate market. However, Superior Grade process is anticipated to grow at the fastest CAGR during the forecast period.  

Organic Solvent continue to dominate the global Triethyl Phosphate market in terms of application

Flame Retardant, Chemical Catalyst, Pesticide Intermediates, Organic Solvent, and Others are some of the key applications of Triethyl Phosphate. Organic Solvent segment accounted for the largest share in 2020 of the Triethyl Phosphate market in 2020. This is largely due to high demand for organic solvent in agriculture industry.

Frequently asked questions about global Triethyl Phosphate industry

• What are the consequences of COVID 19 on global Triethyl Phosphate industry?
  Ans: With regional governments taking steps to boost economic growth and improve the output of the industrial sector, triethyl phosphate is expected to expand in the next 3-4 quarters, following the growth of the industrial chemicals industry
• Which are the various products of Triethyl Phosphate?
  Ans: Industrial Grade and Superior Grade are different products of Triethyl Phosphate
• Who are the key players in the global Triethyl Phosphate industry?
  Ans: Eastman Chemical Company, Alfa Aesar, Jilin Yongli Chemical Co., Ltd., Donghu Chemical, Lanxess AG, Merck KGaA, Ningguo Long Day Chemical Co., Ltd., Hongzheng Chemical, Jiangsu Victory Chemical Co., Ltd. and others are the key players operating in this market
• Which is the fastest growing application segment for global Triethyl Phosphate industry?
  Ans: Organic Solvent application offers tremendous opportunities to players
• Which is the leading regional market for global Triethyl Phosphate industry?
  Ans: South East Asia has the largest share owing to various developments happening in this space
• What will be the CAGR (2021 - 2027) of in global Triethyl Phosphate industry?
  Ans: The market is anticipated to grow at a CAGR of 2.9% throughout the forecast period

Table of Content

1.Preface

1.1.Report Description
1.1.1.Purpose of the Report
1.1.2.Target Audience
1.1.3.USP and Key Offerings
1.2.Research Scope
1.3.Research Methodology
1.3.1.Phase I – Secondary Research
1.3.2.Phase II – Primary Research
1.3.3.Phase III – Expert Panel Review
1.3.4.Approach Adopted
1.3.4.1.Top-Down Approach
1.3.4.2.Bottom-Up Approach
1.3.5.Assumptions
1.4.Market Segmentation

2.Executive Summary

2.1.Market Snapshot: Global Triethyl Phosphate Market

3.Market Dynamics

3.1.Introduction
3.1.1. Global Triethyl Phosphate Market Value, 2015-2027, (US$ Mn)
3.2.Market Dynamics
3.2.1.Key Growth Trends
3.2.2.Major Industry Challenges
3.2.3.Key Growth Pockets
3.3.Attractive Investment Proposition, 2020
3.3.1.Product
3.3.2.Application
3.3.3.Geography

4.Market Positioning of Key Players, 2020

4.1.Company market share of key players, 2020
4.2.Top 6 Players
4.3.Top 3 Players
4.4.Major Strategies Adopted by Key Players

5.COVID 19 Impact Analysis

5.1.Global Triethyl Phosphate Market Pre Vs Post COVID 19, 2019 - 2027
5.2.Impact on Import & Export
5.3.Impact on Demand & Supply

6.North America

6.1.North America Triethyl Phosphate Market, by Country, 2015-2027 (US$ Mn)
6.1.1.U.S.
6.1.2.Canada
6.1.3.Mexico
6.2.North America Triethyl Phosphate Market, By Product, 2015-2027 (US$ Mn)
6.2.1.Overview
6.2.2.Industrial Grade
6.2.3.Superior Grade
6.3.North America Triethyl Phosphate Market, by Application, 2015-2027 (US$ Mn)
6.3.1.Overview
6.3.2.Chemical Catalyst
6.3.3.Flame Retardant
6.3.4.Organic Solvent
6.3.5.Pesticide Intermediates
6.3.6.Others

7.Europe

7.1.Europe Triethyl Phosphate Market, by Country, 2015-2027 (US$ Mn)
7.1.1.UK
7.1.2.France
7.1.3.Germany
7.1.4.Italy
7.1.5.Russia
7.1.6.Spain
7.1.7.Belgium
7.1.8.Netherland
7.1.9.Austria
7.1.10.Sweden
7.1.11.Poland
7.1.12.Denmark
7.1.13.Switzerland
7.1.14.Rest of Europe
7.2.Europe Triethyl Phosphate Market, By Product, 2015-2027 (US$ Mn)
7.2.1.Overview
7.2.2.Industrial Grade
7.2.3.Superior Grade
7.3.Europe Triethyl Phosphate Market, by Application, 2015-2027 (US$ Mn)
7.3.1.Overview
7.3.2.Chemical Catalyst
7.3.3.Flame Retardant
7.3.4.Organic Solvent
7.3.5.Pesticide Intermediates
7.3.6.Others

8.Asia Pacific

8.1.Asia Pacific Triethyl Phosphate Market, by Country, 2015-2027 (US$ Mn)
8.1.1.China
8.1.2.Japan
8.1.3.South Korea
8.1.4.India
8.1.5.Australia
8.1.6.New Zealand
8.1.7.Taiwan
8.1.8.Southeast Asia
8.1.9.Central Asia
8.1.10.Rest of Asia Pacific
8.2.Asia Pacific Triethyl Phosphate Market, By Product, 2015-2027 (US$ Mn)
8.2.1.Overview
8.2.2.Industrial Grade
8.2.3.Superior Grade
8.3.Asia Pacific Triethyl Phosphate Market, by Application, 2015-2027 (US$ Mn)
8.3.1.Overview
8.3.2.Chemical Catalyst
8.3.3.Flame Retardant
8.3.4.Organic Solvent
8.3.5.Pesticide Intermediates
8.3.6.Others

9.Latin America

9.1.Latin America Triethyl Phosphate Market, by Country, 2015-2027 (US$ Mn)
9.1.1.Brazil
9.1.2.Argentina
9.1.3.Peru
9.1.4.Chile
9.1.5.Colombia
9.1.6.Rest of Latin America
9.2.Latin America Triethyl Phosphate Market, By Product, 2015-2027 (US$ Mn)
9.2.1.Overview
9.2.2.Industrial Grade
9.2.3.Superior Grade
9.3.Latin America Triethyl Phosphate Market, by Application, 2015-2027 (US$ Mn)
9.3.1.Overview
9.3.2.Chemical Catalyst
9.3.3.Flame Retardant
9.3.4.Organic Solvent
9.3.5.Pesticide Intermediates Others

10.Middle East

10.1.Middle East Triethyl Phosphate Market, by Country, 2015-2027 (US$ Mn)
10.1.1.UAE
10.1.2.KSA
10.1.3.Israel
10.1.4.Turkey
10.1.5.Iran
10.1.6.Rest of Middle East
10.2.Middle East Triethyl Phosphate Market, By Product, 2015-2027 (US$ Mn)
10.2.1.Overview
10.2.2.Industrial Grade
10.2.3.Superior Grade
10.3.Middle East Triethyl Phosphate Market, by Application, 2015-2027 (US$ Mn)
10.3.1.Overview
10.3.2.Chemical Catalyst
10.3.3.Flame Retardant
10.3.4.Organic Solvent
10.3.5.Pesticide Intermediates
10.3.6.Others

11.Africa

11.1.Africa Triethyl Phosphate Market, by Country, 2015-2027 (US$ Mn)
11.1.1.South Africa
11.1.2.Egypt
11.1.3.Nigeria
11.1.4.Rest of Africa
11.2.Africa Triethyl Phosphate Market, By Product, 2015-2027 (US$ Mn)
11.2.1.Overview
11.2.2.Industrial Grade
11.2.3.Superior Grade
11.3.Africa Triethyl Phosphate Market, by Application, 2015-2027 (US$ Mn)
11.3.1.Overview
11.3.2.Chemical Catalyst Flame Retardant Organic Solvent
11.3.3.Pesticide Intermediates Others

12.Global

12.1.Global Triethyl Phosphate Market, By Product, 2015-2027 (US$ Mn)
12.1.1.Overview
12.1.2.Industrial Grade
12.1.3.Superior Grade
12.2.Global Triethyl Phosphate Market, by Application, 2015-2027 (US$ Mn)
12.2.1.Overview
12.2.2.Chemical Catalyst
12.2.3.Flame Retardant
12.2.4.Organic Solvent
12.2.5.Pesticide Intermediates
12.2.6.Others

13.Company Profiles

13.1.Eastman
13.2.Lanxess
13.3.Ningguo Long Day Chemical
13.4.Jilin Yonglin
13.5.Hongzheng Chemical
Donghu Chemical

List of Figures

FIG. 1 Global Triethyl Phosphate Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global Triethyl Phosphate Market Segmentation
FIG. 4 Global Triethyl Phosphate Market, by Product, 2019 (US$ Mn)
FIG. 5 Global Triethyl Phosphate Market, by End-user, 2019 (US$ Mn)
FIG. 6 Global Triethyl Phosphate Market, by Geography, 2019 (US$ Mn)
FIG. 7 Attractive Investment Proposition, by Geography, 2019
FIG. 8 Global Market Positioning of Key Triethyl Phosphate Market Manufacturers, 2019
FIG. 9 Global Triethyl Phosphate Market Value Contribution, By Type of Metal Extracted, 2019 & 2027 (Value %)
FIG. 10 Global Triethyl Phosphate Market, by Metal 1, Value, 2015-2027 (US$ Mn)
FIG. 11 Global Triethyl Phosphate Market, by Metal 2, Value, 2015-2027 (US$ Mn)
FIG. 12 Global Triethyl Phosphate Market, by Metal 3, Value, 2015-2027 (US$ Mn)
FIG. 13 Global Triethyl Phosphate Market, by Metal 4, Value, 2015-2027 (US$ Mn)
FIG. 14 Global Triethyl Phosphate Market, by Metal 5, Value, 2015-2027 (US$ Mn)
FIG. 15 Global Triethyl Phosphate Market, by Others, Value, 2015-2027 (US$ Mn)
FIG. 16 Global Triethyl Phosphate Market Value Contribution, By Product, 2019 & 2027 (Value %)
FIG. 17 Global Triethyl Phosphate Market, by Process 1, Value, 2015-2027 (US$ Mn)
FIG. 18 Global Triethyl Phosphate Market, by Process 2, Value, 2015-2027 (US$ Mn)
FIG. 19 Global Triethyl Phosphate Market, by Process 3, Value, 2015-2027 (US$ Mn)
FIG. 20 U.S. Triethyl Phosphate Market, 2015-2027 (US$ Mn)
FIG. 21 Rest of North America Triethyl Phosphate Market, 2015-2027 (US$ Mn)
FIG. 22 U.K. Triethyl Phosphate Market, 2015-2027 (US$ Mn)
FIG. 23 Germany Triethyl Phosphate Market, 2015-2027 (US$ Mn)
FIG. 24 France Triethyl Phosphate Market, 2015-2027 (US$ Mn)
FIG. 25 Rest of Europe Triethyl Phosphate Market, 2015-2027 (US$ Mn)
FIG. 26 Japan Triethyl Phosphate Market, 2015-2027 (US$ Mn)
FIG. 27 China Triethyl Phosphate Market, 2015-2027 (US$ Mn)
FIG. 28 India Triethyl Phosphate Market, 2015-2027 (US$ Mn)
FIG. 29 Rest of Asia Pacific Triethyl Phosphate Market, 2015-2027 (US$ Mn)
FIG. 30 Middle East & Africa Triethyl Phosphate Market, 2015-2027 (US$ Mn)
FIG. 31 Latin America Triethyl Phosphate Market, 2015-2027 (US$ Mn)

List of Tables
TABLE 1Market Snapshot: Global Triethyl Phosphate Market
TABLE 2Global Triethyl Phosphate Market, by Type of Metal Extracted, 2015-2027 (US$ Mn)
TABLE 3Global Triethyl Phosphate Market, by Product, 2015-2027 (US$ Mn)
TABLE 4Global Triethyl Phosphate Market, by Application, 2015-2027 (US$ Mn)
TABLE 5Global Triethyl Phosphate Market, by Geography, 2015-2027 (US$ Mn)
TABLE 6North America Triethyl Phosphate Market, by Type of Metal Extracted, 2015-2027 (US$ Mn)
TABLE 7North America Triethyl Phosphate Market, by Product, 2015-2027 (US$ Mn)
TABLE 8North America Triethyl Phosphate Market, by Country, 2015-2027 (US$ Mn)
TABLE 9Europe Triethyl Phosphate Market, by Type of Metal Extracted, 2015-2027 (US$ Mn)
TABLE 10Europe Triethyl Phosphate Market, by Product, 2015-2027 (US$ Mn)
TABLE 11Europe Triethyl Phosphate Market, by Country/Region, 2015-2027 (US$ Mn)
TABLE 12Asia Pacific Triethyl Phosphate Market, by Type of Metal Extracted, 2015-2027 (US$ Mn)
TABLE 13Asia Pacific Triethyl Phosphate Market, by Product, 2015-2027 (US$ Mn)
TABLE 14Asia Pacific Triethyl Phosphate Market, by Country/Region, 2015-2027 (US$ Mn)
TABLE 15Latin America Triethyl Phosphate Market, by Type of Metal Extracted, 2015-2027 (US$ Mn)
TABLE 16Latin America Triethyl Phosphate Market, by Product, 2015-2027 (US$ Mn)
TABLE 17Latin America Triethyl Phosphate Market, by Country/Region, 2015-2027 (US$ Mn)
TABLE 18Middle East Triethyl Phosphate Market, by Type of Metal Extracted, 2015-2027 (US$ Mn)
TABLE 19Middle East Triethyl Phosphate Market, by Product, 2015-2027 (US$ Mn)
TABLE 20Middle East Triethyl Phosphate Market, by Country/Region, 2015-2027 (US$ Mn)
TABLE 21Africa Triethyl Phosphate Market, by Type of Metal Extracted, 2015-2027 (US$ Mn)
TABLE 22Africa Triethyl Phosphate Market, by Product, 2015-2027 (US$ Mn)
TABLE 23Africa Triethyl Phosphate Market, by Country/Region, 2015-2027 (US$ Mn)
TABLE 24Company 01: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 25Company 2: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 26 Company 3: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 27Company 4.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 28Company 5: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 29 Company 6: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 30Company 7: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 31Company 8: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 32Company 9: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 33Company 10: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 34Company 11: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 35Company 12: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
Company 13: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments