Butylated Triphenyl Phosphate Market overview:
The Butylated Triphenyl Phosphate market is a freshly emerging market with low market size and market growth. The market is projected to reach a global total of 26.72 million by the end of 2023 with a 4.83 % CAGR. Since the applications of this product are limited to industrial use the market witnesses a slow growth in the forecast period.
Butylated Triphenyl Phosphate Market segmentation:
On the basis of Application, the market is separated into Lubricants, Flame Retardants, Hydraulic Fluids, and Others. Among the various mentioned applications, butylated triphenyl phosphate finds a large scale application in the lubricants sector as an additive to increase the thermal resistance of the lubricant. Thus the increase in the in the automotive and automobile repair & maintenance industry will most likely boost the global butylated triphenyl phosphate market. Also, butylated triphenyl phosphate is widely used as a flame retardant additive in the polymer industry, which has a huge demand for high-performance plastics, which is expected to drive the global market for butylated triphenyl phosphate.
Butylated Triphenyl Phosphate Market geographical analysis:
On the basis of region, the Butylated Triphenyl Phosphate Market is segregated into regions of North America, South America, Asia Pacific, Middle East and Africa, and Europe. The Asia Pacific had the largest global market share in the year 2018. It is anticipated to have the fastest growth rate in the forecast period, due to the increasing demand for growing industries and scope of future opportunities, mainly in developing countries like Japan, India, and China. The North American market value is next in the lead after the Asia Pacific and relatively has a decent CAGR. The market in Europe is comparatively similar but has lesser market size than that of North America. The major key players of the market being from these regions make North America and Europe stable growth regions as they are. The low growth rate in these regions is due to the regional advantages offered in the Asia Pacific region such as cheap labor and ease of resource availability.
This makes the market centered in the Asia Pacific making Europe and North America slow growing regional markets. The Middle East & Africa and Latin America regions, being in the low developing countries due to the contribution of low GDP countries, have fewer chances for industry growth. Hence, the Butylated Triphenyl Phosphate market in these regions is slow growing in nature.
Butylated Triphenyl Phosphate Market key players:
Major companies plying their trade in the Butylated Triphenyl Phosphate Market include Chemtura Corporation (U.S.), ExxonMobil (US), Israel Chemicals Ltd. (Israel), LyondellBasell Industries N.V. (Netherlands), Jiangsu Victory Chemical Co. Ltd. (China), Lanxess AG (Germany), PCC Rokita S.A. (Poland), ROCOL (Division of ITW Inc.) (U.K.), Eastman Chemical Company (US), Mattei Compressors Ltd (U.K.) and Chem will Asia co., Ltd (China) are the leading shareholders of the Global Butylated Triphenyl Phosphate market. These companies have invested in R&D activities to develop advanced less toxic alternatives for this chemical and are currently focused on expansion strategies to improve their market value and position.
Recent Developments:
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Application
5.1.1 Introduction
5.1.2 Lubricants
5.1.3 Hydraulic Fluids
5.1.4 Flame Retardants
5.1.5 Others
5.1.6 Y-o-Y Growth Analysis, By Application
5.1.7 Market Attractiveness Analysis, By Application
5.1.8 Market Share Analysis, By Application
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Application
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Application
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Application
6.2 North America
6.1.1 Introduction
6.1.2 United States
6.1.3 Canada
6.3 Europe
6.2.1 Introduction
6.2.2 U.K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
6.4 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 Japan
6.3.5 Australia
6.3.6 South Korea
6.5 Latin America
6.4.1 Introduction
6.4.2 Brazil
6.4.3 Argentina
6.4.4 Mexico
6.4.5 Rest of Latin America
6.6 Middle East & Africa
6.5.1 Introduction
6.5.2 Middle-East
6.5.3 Africa
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Mattei Compressors Ltd
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Chemtura Corporation
8.3 ExxonMobil
8.4 Israel Chemicals Ltd.
8.5 LyondellBasell Industries N.V.
8.6 Jiangsu Victory Chemical Co. Ltd
8.7 Lanxess AG
8.8 PCC Rokita S.A.
8.9 ROCOL
8.10 Eastman Chemical Company
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
