Triethyl Phosphate Market Size 2021 | Is Projected to Reach USD 102.2 MN With 2.9% CAGR by 2027
May 10, 2021 | by admin |
The global
Triethyl Phosphate market obtained market size around USD 94.5 Million in year 2020 and expected to grow at a CAGR of over 2.9% over the upcoming years from 2021 to 2027 to reach around USD 102.2 Million in 2027.
The liquid triethyl phosphate is colourless and corrosive. It is known as “phosphoric acid, triethyl ester” because it is the triester of ethanol and phosphoric acid. Triethyl phosphate is primarily used by customers as an industrial catalyst (for example, in the production of ketene) and as a flame retardant. In small quantities, triethyl phosphate is often used as a solvent or industrial intermediate in the manufacture of pesticides and other chemicals.
Triethyl Phosphate Market Report – Comprehensive Analysis on Global Market by Company, by Dynamics, by Region, by Type, and by Application (2020-2027