Butylated Triphenyl Phosphate Market by Application (Lubricants, Hydraulic Fluids, Flame Retardants), and Region - Global Forecast to 2026
[113 Pages Report] The global butylated triphenyl phosphate market is projected to reach USD 30.7 million by 2026, at a CAGR of 4.8% from 2016 to 2026.
The objectives of this study are:
- To analyze and forecast the global size of the butylated triphenyl phosphate market in terms of value & volume
- To define, describe, and forecast the global butylated triphenyl phosphate market by application, and region
- To forecast the market size of different segments based on regions, such as North America, Europe, Asia-Pacific, Middle East & Africa, and South America
- To provide detailed information regarding the major factors influencing the growth of the global butylated triphenyl phosphate market (drivers, and restraints)
- To strategically analyze the butylated triphenyl phosphate market segments based on individual growth trends, future prospects, and contribution to the total market
- To strategically profile the key players and comprehensively analyze their core competencies
- To analyze competitive developments, such as alliances, joint ventures, mergers & acquisitions, and new product launches in the global butylated triphenyl phosphate market
Years considered for the study are:
- Base Year – 2015
- Estimated Year – 2016
- Projected Year – 2026
- Forecast Period – 2016 to 2026
For company profiles, 2015 has been considered the base year. In cases wherein information was unavailable for the base year, the years prior to it have been considered.
Research Methodology
This study aims to estimate the global butylated triphenyl phosphate market size for 2016 and projects its demand till 2026. It also provides a detailed qualitative and quantitative analysis of the global butylated triphenyl phosphate market. Various secondary sources, including directories, industry journals, various associations, and databases (such as China Plastics Processing Industry Association, North American Plastics Alliance), have been used to identify and collect information useful for this extensive commercial study of the global butylated triphenyl phosphate market. Primary sources, such as experts from related industries, and suppliers have been interviewed to obtain and verify critical information as well as to assess future prospects of the global butylated triphenyl phosphate market. The breakdown of profiles of primaries is shown in the figure below:
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The value chain of the butylated triphenyl phosphate market includes raw material manufacturers, such as ExxonMobil Chemical (USA) and LyondellBasell Industries N.V. (Netherlands); and butylated triphenyl phosphate manufacturers, such as 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). The end-users of butylated triphenyl phosphate include companies such as, Bayerische Motoren Werke AG, and Ferrari, among others.
Key Target Audience
- Manufacturers of Butylated Triphenyl Phosphate
- Traders, Distributors, and Suppliers of Butylated Triphenyl Phosphate
- End-use Industries Operating in the Butylated Triphenyl Phosphates Supply Chain
- Government and Research Organizations
- Associations and Industrial Bodies
- Research and Consulting Firms
- R&D Institutions
- Environment Support Agencies
- Investment Banks and Private Equity Firms
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On the basis of Application:
- Lubricants
- Hydraulic Fluids
- Flame Retardants
- Others
On the basis of Region:
- North America
- Europe
- Asia-Pacific
- Middle East & Africa
- Latin America
Available Customizations
With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:
New Product Analysis
Product matrix, which gives a detailed comparison of new products and market trends in each industry
Geographic Analysis
Further breakdown of a region with respect to particular countries and applications
Company Information
Detailed analysis and profiles of additional market players (up to five)
The global butylated triphenyl phosphate market is projected to reach USD 30.7 million by 2026, at a CAGR of 4.8% from 2016 to 2026. The key factor driving the butylated triphenyl phosphate market is the increasing demand for butylated triphenyl phosphate from the automotive industry. According to the Organisation Internationale des Constructeurs d’Automobiles (OICA) correspondent’s survey, 90.78 billion vehicles were produced in 2015. The increasing number of vehicles worldwide has led to an increase in the demand for lubricants which is expected to drive for the global butylated triphenyl phosphate market during the forecast period.
Major application segments in the global butylated triphenyl phosphate market include lubricants, hydraulic fluids, flame retardants, and others. In lubricants, butylated triphenyl phosphate is used as an additive to increase the thermal resistance of the lubricant. Therefore, an increase in automobile production, along with repair & maintenance activities, is likely to increase the global demand for lubricants, driving the demand for butylated triphenyl phosphate. Butylated triphenyl phosphate is also used as a flame retardant additive in polymer manufacture, wherein there is an increasing demand for high performance & engineering plastics, which is further expected to drive the butylated triphenyl phosphate market.
The butylated triphenyl phosphate market in the Latin American region is expected to grow at the highest CAGR from 2016 to 2021. This region has witnessed significant infrastructural development in recent years, which has led to the initiation of several housing construction projects. This has consequently led to an increase in the demand for butylated triphenyl phosphate in the construction sector as a flame retardant, as well as for lubricants in construction machinery. The Asia-Pacific region accounted for the largest market share in the butylated triphenyl phosphate market in 2015, and this share is attributed to the large industrial base in countries such as, China.
Estimating the future demand for butylated triphenyl phosphate is a prime challenge due to the economic slowdown in various regions worldwide. North America and Europe have still not recovered completely from the economic crisis, which, in turn, has affected the demand for butylated triphenyl phosphate in major end-use industries in these regions.
Key companies operating in the butylated triphenyl phosphate market 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). These players, with a wide market reach and established distribution networks, are investing more on research & development activities. They also have strong technical and market development capabilities, which enable them to upgrade their existing products for new applications.
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Table of Contents
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Markets Covered
1.4 Currency & Years Considered for Study
1.5 Stakeholders
2 Research Methodology
2.1 Research Data
2.2 Tert Butylated Triphenyl Phosphate Market : Research Design
2.3 Market Size Estimation
2.3.1 Top Down Approach
2.3.2 Bottom Up Approach
2.4 Market Breakdown and Data Triangulation
2.5 Research Assumptions
3 Executive Summary
3.1 Introduction
3.2 Market Insights
3.3 Regional Growth Rates
3.4 Conclusion
4 Market Overview
4.1 Introduction
4.2 Market Dynamics
4.2.1 Market Dynamics : Drivers
4.2.2 Market Dynamics : Barriers
4.2.3 Market Dynamics : Factors Affecting Prices
4.3 Supply Chain Analysis
4.4 Price Analysis
4.5 Manufacturing Cost Analysis
5 Tert Butylated Triphenyl Phosphate Market, By Application
5.1 Global Tert Butylated Triphenyl Phosphate Market, By Application
5.2 Lubricants Market By Region
5.3 Flame Retardants Market By Region
5.4 Hydraulic Fluids Market By Region
5.5 Others Segment By Region
6 Tert Butylated Triphenyl Phosphate Market, By Region
6.1 Introduction
6.2 Global Tert Butylated Triphenyl Phosphate Market, By Region
6.3 APAC Tert Butylated Triphenyl Phosphate Market
6.3.1 APAC Tert Butylated Triphenyl Phosphate Market, By Country
6.3.2 APAC Tert Butylated Triphenyl Phosphate Market, By Application
6.4 North America Tert Butylated Triphenyl Phosphate Market
6.4.1 North America Tert Butylated Triphenyl Phosphate Market, By Country
6.4.2 North America Tert Butylated Triphenyl Phosphate Market, By Application
6.5 Europe Tert Butylated Triphenyl Phosphate Market
6.5.1 Europe Tert Butylated Triphenyl Phosphate Market, By Country
6.5.2 Europe Tert Butylated Triphenyl Phosphate Market, By Application
6.6 Middle East & Africa Tert Butylated Triphenyl Phosphate Market
6.6.1 Middle East & Africa Tert Butylated Triphenyl Phosphate Market, By Country
6.6.2 Middle East & Africa Tert Butylated Triphenyl Phosphate Market, By Application
6.7 Latin America Tert Butylated Triphenyl Phosphate Market
6.7.1 Latin America Tert Butylated Triphenyl Phosphate Market, By Country
6.7.2 Latin America Tert Butylated Triphenyl Phosphate Market, By Application
7 Supplier Analysis
7.1 Key Suppliers
7.1.1 Europe Supplier Analysis
7.1.2 Asia-Pacific Supplier Analysis
7.1.3 North America Supplier Analysis
7.1.4 MEA Supplier Analysis
7.1.5 Latin America Supplier Analysis
8 Tert Butylated Triphenyl Phosphate Market, Company Profile
8.1 Chemtura Corporation
8.2 Israel Chemicals Ltd
8.3 Lanxess AG
8.4 Eastman Chemical Company
8.5 PCC Rokita SA
8.6 Mattei Compressors Ltd
8.7 Rocol
8.8 Chemwill Asia Co Ltd
9 Appendix
9.1 Knowledge Store: Marketsandmarkets’ Subscription Portal
9.2 Marketsandmarkets Knowledge Store: Snapshot
9.3 Introducing RT: Real Time Market Intelligence
List of Tables (42 Tables)
Table 1 Tert Butylated Triphenyl Phosphate Product Properties and Identifiers
Table 2 General Assumptions
Table 3 Yearwise Forecast and Assumptions
Table 4 Europe: Manufacturing Cost Analysis
Table 5 Asia-Pacific : Manufacturing Cost Analysis
Table 6 Global Tert Butylated Triphenyl Phosphate Market, By Application, 2014-2026 (USD Million)
Table 7 Global Tert Butylated Triphenyl Phosphate Market, By Application, 2014-2026 (Tons)
Table 8 Lubricants Market, By Region, 2014-2026 (USD '000)
Table 9 Lubricants Market, By Region, 2014-2026 (Tons)
Table 10 Flame Retardants Market, By Region, 2014-2026 (USD '000)
Table 11 Flame Retardants Market, By Region, 2014-2026 (Tons)
Table 12 Hydraulic Fluids Market, By Region, 2014-2026 (USD '000)
Table 13 Hydraulic Fluids Market, By Region, 2014-2026 (Tons)
Table 14 Others Segment, By Region, 2014-2026 (USD '000)
Table 15 Others Segment, By Region, 2014-2026 (Tons)
Table 16 Global Tert Butylated Triphenyl Phosphate Market, By Region, 2014-2026 (USD '000)
Table 17 Global Tert Butylated Triphenyl Phosphate Market, By Region, 2014-2026 (Tons)
Table 18 Asia-Pacific Tert Butylated Triphenyl Phosphate Market, By Country, 2014-2026 (USD '000)
Table 19 Asia-Pacific Tert Butylated Triphenyl Phosphate Market, By Country, 2014-2026 (Tons)
Table 20 Asia-Pacific Tert Butylated Triphenyl Phosphate Market, By Application, 2014-2026 (USD '000)
Table 21 Asia-Pacific Tert Butylated Triphenyl Phosphate Market, By Application, 2014-2026 (Tons)
Table 22 North America Tert Butylated Triphenyl Phosphate Market, By Country, 2014-2026 (USD '000)
Table 23 North America Tert Butylated Triphenyl Phosphate Market, By Country, 2014-2026 (Tons)
Table 24 North America Tert Butylated Triphenyl Phosphate Market, By Application, 2014-2026 (USD '000)
Table 25 North America Tert Butylated Triphenyl Phosphate Market, By Application, 2014-2026 (Tons)
Table 26 Europe Tert Butylated Triphenyl Phosphate Market, By Country, 2014-2026 (USD '000)
Table 27 Europe Tert Butylated Triphenyl Phosphate Market, By Country, 2014-2026 (Tons)
Table 28 Europe Tert Butylated Triphenyl Phosphate Market, By Application, 2014-2026 (USD '000)
Table 29 Europe Tert Butylated Triphenyl Phosphate Market, By Application, 2014-2026 (Tons)
Table 30 MEA Tert Butylated Triphenyl Phosphate Market, By Country, 2014-2026 (USD '000)
Table 31 MEA Tert Butylated Triphenyl Phosphate Market, By Country, 2014-2026 (Tons)
Table 32 MEA Tert Butylated Triphenyl Phosphate Market, By Application, 2014-2026 (USD '000)
Table 33 MEA Tert Butylated Triphenyl Phosphate Market, By Application, 2014-2026 (Tons)
Table 34 Latin America Tert Butylated Triphenyl Phosphate Market, By Country, 2014-2026 (USD '000)
Table 35 Latin America Tert Butylated Triphenyl Phosphate Market, By Country, 2014-2026 (Tons)
Table 36 Latin America Tert Butylated Triphenyl Phosphate Market, By Application, 2014-2026 (USD '000)
Table 37 Latin America Tert Butylated Triphenyl Phosphate Market, By Application, 2014-2026 (Tons)
Table 38 Europe – Supplier Analysis
Table 39 Asia-Pacific – Supplier Analysis
Table 40 North America – Supplier Analysis
Table 41 MEA – Supplier Analysis
Table 42 Latin America – Supplier Analysis
List of Figures 38 Figures)
Figure 1 Tert Butylated Triphenyl Phosphate Market Scope
Figure 2 Key Data Taken From Secondary Sources
Figure 3 Key Data Taken From Primary Sources
Figure 4 Tert Butylated Triphenyl Phosphate Market : Research Methodology
Figure 5 Europe – Cogs Breakdown 2014
Figure 6 Asia-Pacific – Cogs Breakdown 2014
Figure 7 Global Tert Butylated Triphenyl Phosphate Market, By Application, 2014-2021 (USD Million)
Figure 8 Global Tert Butylated Triphenyl Phosphate Market, By Application, 2014-2021 (Tons)
Figure 9 Lubricants Market, By Region, 2014-2021 (USD '000)
Figure 10 Lubricants Market, By Region, 2014-2021 (Tons)
Figure 11 Flame Retardants Market, By Region, 2014-2021 (USD '000)
Figure 12 Flame Retardants Market, By Region, 2014-2021 (Tons)
Figure 13 Hydraulic Fluids Market, By Region, 2014-2021 (USD '000)
Figure 14 Hydraulic Fluids Market, By Region, 2014-2021 (Tons)
Figure 15 Others Segment, By Region, 2014-2021 (USD '000)
Figure 16 Others Segment, By Region, 2014-2021 (Tons)
Figure 17 Global Tert Butylated Triphenyl Phosphate Market, By Region, 2014-2021 (USD '000)
Figure 18 Global Tert Butylated Triphenyl Phosphate Market, By Region, 2014-2021 (Tons)
Figure 19 Asia-Pacific Tert Butylated Triphenyl Phosphate Market, By Country, 2014-2021 (USD '000)
Figure 20 Asia-Pacific Tert Butylated Triphenyl Phosphate Market, By Country, 2014-2021 (Tons)
Figure 21 Asia-Pacific Tert Butylated Triphenyl Phosphate Market, By Application, 2014-2021 (USD '000)
Figure 22 Asia-Pacific Tert Butylated Triphenyl Phosphate Market, By Application, 2014-2021 (Tons)
Figure 23 North America Tert Butylated Triphenyl Phosphate Market, By Country, 2014-2021 (USD '000)
Figure 24 North America Tert Butylated Triphenyl Phosphate Market, By Country, 2014-2021 (Tons)
Figure 25 North America Tert Butylated Triphenyl Phosphate Market, By Application, 2014-2021 (USD '000)
Figure 26 North America Tert Butylated Triphenyl Phosphate Market, By Application, 2014-2021 (Tons)
Figure 27 Europe Tert Butylated Triphenyl Phosphate Market, By Country, 2014-2021 (USD '000)
Figure 28 Europe Tert Butylated Triphenyl Phosphate Market, By Country, 2014-2021 (Tons)
Figure 29 Europe Tert Butylated Triphenyl Phosphate Market, By Application, 2014-2021 (USD '000)
Figure 30 Europe Tert Butylated Triphenyl Phosphate Market, By Application, 2014-2021 (Tons)
Figure 31 MEA Tert Butylated Triphenyl Phosphate Market, By Country, 2014-2021 (USD '000)
Figure 32 MEA Tert Butylated Triphenyl Phosphate Market, By Country, 2014-2021 (Tons)
Figure 33 MEA Tert Butylated Triphenyl Phosphate Market, By Application, 2014-2021 (USD '000)
Figure 34 MEA Tert Butylated Triphenyl Phosphate Market, By Application, 2014-2021 (Tons)
Figure 35 Latin America Tert Butylated Triphenyl Phosphate Market, By Country, 2014-2021 (USD '000)
Figure 36 Latin America Tert Butylated Triphenyl Phosphate Market, By Country, 2014-2021 (Tons)
Figure 37 Latin America Tert Butylated Triphenyl Phosphate Market, By Application, 2014-2021 (USD '000)
Figure 38 Latin America Tert Butylated Triphenyl Phosphate Market, By Application, 2014-2021 (Tons)
Growth opportunities and latent adjacency in Butylated Triphenyl Phosphate Market