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Butylated Triphenyl Phosphate Market Worth 30.7 Million USD by 2026


News provided by

MarketsandMarkets

30 Nov, 2016, 09:30 GMT

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PUNE, India, November 30, 2016 /PRNewswire/ --

The report "Butylated Triphenyl Phosphate Market by Application (Lubricants, Hydraulic Fluids, Flame Retardants), and Region - Global Forecast to 2026", published by MarketsandMarkets, the global market is projected to reach USD 30.7 Million by 2026, at a CAGR of 4.8% from 2016 to 2026

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Browse 42 market data Tables and 38 Figures spread through 113 Pages and in-depth TOC on "Butylated Triphenyl Phosphate Market"


http://www.marketsandmarkets.com/Market-Reports/butylated-triphenyl-phosphate-market-263588078.html

Early buyers will receive 10% customization on this report. 

This growth is mainly attributed to the increasing demand for butylated triphenyl phosphate from the automotive industry worldwide. The increasing number of vehicles around the world has led to an increase in the demand for lubricants, which is in turn is driving the global butylated triphenyl phosphate market.

Download PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=263588078

Lubricants application segment to lead the butylated triphenyl phosphate market by 2026  

Lubricants were the largest application segment of the global butylated triphenyl phosphate market in 2015. The large share is attributed to the growing use of butylated triphenyl phosphate in the automotive industry as a flame retardant additive in lubricants and hydraulic fluids. Butylated triphenyl phosphates are used as lubricant and hydraulic fluids in light automobiles as well as heavy transportation vehicles. The automotive industry is growing globally, and according to the Organisation Internationale des Constructeurs d'Automobiles (OICA) correspondents' survey, 90.78 billion vehicles were produced in 2015. Apart from lubricants, another major application for butylated triphenyl phosphate is in flame retardants. Butylated triphenyl phosphate's superior flame retardant capability has led to an increase in its demand from the plastics industry.

Asia-Pacific to lead the global butylated triphenyl phosphate market during the forecast period  

The Asia-Pacific region accounted for the largest share of the global butylated triphenyl phosphate market in 2015, followed by North America and Europe. China is one of the major consumers of butylated triphenyl phosphate in the Asia-Pacific region. The increasing number of vehicles in the Asia-Pacific region, and the rising demand for butylated triphenyl phosphate from the construction sector, are factors driving the Asia-Pacific butylated triphenyl phosphate market.

Make an Inquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=263588078

Major market players covered in this report include Chemtura Corporation (U.S.), Israel Chemicals Ltd. (Israel), Lanxess AG (Germany), PCC Rokita S.A. (Poland), ROCOL (Division of ITW Inc.) (U.K.), Mattei Compressors Ltd (U.K.) and Chemwill Asia co., Ltd (China).

Browse Related Reports: 

Phosphate Ester Market by Type (Triaryl/Alkyl Aryl Phosphate Esters, Trialkyl Phosphate Esters, Bisphosphates), by Application (Lubricants, Surfactants, Pesticides, Fire Retardants, Hydraulic Fluids, Plasticizers, Paints & Coatings, Others), by Region (North America, Europe, Asia-Pacific, Row) - Global Forecast to 2020
http://www.marketsandmarkets.com/Market-Reports/phosphate-esters-market-9379095.html

Acrylic Ester Market by Type (Methyl Acrylate, Ethyl Acrylate, Butyl Acrylate, 2-EH Acrylate) by Application (Surface Coatings, Adhesives & Sealants, Plastic additives, Detergents, Textiles) - Trends & Forecasts to 2019
http://www.marketsandmarkets.com/Market-Reports/acrylic-ester-market-267567475.html

Subscribe Reports from Chemicals & Materials Domain: http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets 

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.


Contact:
Mr. Rohan
MarketsandMarkets
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Suite 2175, Seattle,
WA 98101, United States
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com


Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
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