Market Overview:
The global Trimethyl Phosphate market is expected to grow at a CAGR of 3.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for Trimethyl Phosphate in various applications such as medicine, pesticide solvent, extracting agent and others. Additionally, the growing demand for Trimethyl Phosphate from emerging economies is also contributing to the growth of this market. However, volatility in prices of raw materials may restrain the growth of this market during the forecast period. On basis of type, Pharmaceutical Grade segment is expected to hold major share in global Trimethyl Phosphate market followed by Chemical Grade segment during forecast period from 2018-2030. On basis on application, Medicine segment is anticipated to witness highest CAGR over next 10 years and hold dominant position by 2030 end owing high adoption rate across globe followed Extracting Agent Segment .
Product Definition:
Trimethyl phosphate is a colorless, oily liquid that is soluble in water. It is used as a flame retardant, an additive in printing inks and plastics, and as a catalyst in the production of some drugs.
Pharmaceutical Grade:
Pharmaceutical grade is a term used for the highest quality of products which are intended for human consumption. It's important to point out that pharmaceutical-grade materials are not necessarily approved by FDA as being safe and effective for use in food items. However, they meet all the requirements necessary to be called pharmaceutical-grade including compliance with expiration dates, storage temperatures, and packaging information printed on every package.
Chemical Grade:
Chemical grade is a term used for commercial and industrial chemicals that are produced on a large scale. The chemical industry uses the terms “high-grade”, “ultra-high grade”, and “specialty” to refer to different categories of chemical products with unique properties. Chemical grades can be differentiated by their source as they are derived from various sources including natural gas, coal tar, vegetable oils or animal fats.
Application Insights:
The global trimethyl phosphate market is segmented on the basis of application into medicine, extractant, pesticide solvent and other applications. The other applications include pharmaceuticals, water treatment and food processing. Medicine was estimated as the largest application segment in 2017 owing to its usage as a bone strengthener for humans and animals. It is also used in various medicines such as analgesic tablets, decongestants and cough syrups among others.
Pesticide solvent was another significant segment accounting for over 15% of total volume in 2017 due to high demand from China where it is used extensively for cleaning cotton seeds prior to planting them which eventually becomes pesticides.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing foreign investments in the region. The growth can be attributed to rising demand for phosphate fertilizers, which are used across various industries including agriculture, food processing, and manufacturing. China emerged as a major consumer due to its large agricultural sector that uses huge quantities of fertilizer products such as diammonium phosphate (DAP) and monoammonium phosphate (MAP).
North America was estimated as the second-largest regional market in 2017 on account of high consumption levels coupled with wide usage scope for pharmaceutical grade triticale phosphoric acid esters in medicines production. North America is also one of the largest producers of pharmaceutical grade triticale crops that have higher content of P2O5 than other varieties currently grown there.
Growth Factors:
- Increasing demand from end-use industries such as agrochemicals, pharmaceuticals, and plastics is expected to drive the growth of the trimethyl phosphate market over the forecast period.
- Rising demand for flame retardants in construction and automotive sectors is also anticipated to fuel the growth of this market in near future.
- Growing awareness about benefits of using flame retardants is projected to boost demand for trimethyl phosphate products over the forecast period.
- Stringent regulations regarding use of fire-retardant chemicals are likely to create new opportunities for players operating in this market during the forecast period. 5) Technological advancements that help reduce environmental impact of these products are expected to provide impetus to growth prospects of trimethyl phosphate market in coming years
Scope Of The Report
Report Attributes
Report Details
Report Title
Trimethyl Phosphate Market Research Report
By Type
Pharmaceutical Grade, Chemical Grade
By Application
Medicine, Pesticide Solvent, Extracting Agent, Other
By Companies
Daihachi Chemical, ZhangJia Gang YaRui Chemical, Eastman, Merck Millipore, Hisunny chemical, Jiangsu Changyu Chemical, Jiangsu Victory Chemical, Daihachi Chemical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
135
Number of Tables & Figures
95
Customization Available
Yes, the report can be customized as per your need.
Global Trimethyl Phosphate Market Report Segments:
The global Trimethyl Phosphate market is segmented on the basis of:
Types
Pharmaceutical Grade, Chemical Grade
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Medicine, Pesticide Solvent, Extracting Agent, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Daihachi Chemical
- ZhangJia Gang YaRui Chemical
- Eastman
- Merck Millipore
- Hisunny chemical
- Jiangsu Changyu Chemical
- Jiangsu Victory Chemical
- Daihachi Chemical
Highlights of The Trimethyl Phosphate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Pharmaceutical Grade
- Chemical Grade
- By Application:
- Medicine
- Pesticide Solvent
- Extracting Agent
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Trimethyl Phosphate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Trimethyl phosphate is a white, crystalline powder that is used as a food additive. It helps to prevent foods from sticking together and can improve the appearance of food. Trimethyl phosphate is also used in manufacturing other chemicals and products.
Some of the major companies in the trimethyl phosphate market are Daihachi Chemical, ZhangJia Gang YaRui Chemical, Eastman, Merck Millipore, Hisunny chemical, Jiangsu Changyu Chemical, Jiangsu Victory Chemical, Daihachi Chemical.
The trimethyl phosphate market is expected to register a CAGR of 3.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Trimethyl Phosphate Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Trimethyl Phosphate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Trimethyl Phosphate Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Trimethyl Phosphate Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Trimethyl Phosphate Market Size & Forecast, 2018-2028
4.5.1 Trimethyl Phosphate Market Size and Y-o-Y Growth
4.5.2 Trimethyl Phosphate Market Absolute $ Opportunity
Chapter 5 Global Trimethyl Phosphate Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Trimethyl Phosphate Market Size Forecast by Type
5.2.1 Pharmaceutical Grade
5.2.2 Chemical Grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Trimethyl Phosphate Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Trimethyl Phosphate Market Size Forecast by Applications
6.2.1 Medicine
6.2.2 Pesticide Solvent
6.2.3 Extracting Agent
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Trimethyl Phosphate Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Trimethyl Phosphate Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Trimethyl Phosphate Analysis and Forecast
9.1 Introduction
9.2 North America Trimethyl Phosphate Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Trimethyl Phosphate Market Size Forecast by Type
9.6.1 Pharmaceutical Grade
9.6.2 Chemical Grade
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Trimethyl Phosphate Market Size Forecast by Applications
9.10.1 Medicine
9.10.2 Pesticide Solvent
9.10.3 Extracting Agent
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Trimethyl Phosphate Analysis and Forecast
10.1 Introduction
10.2 Europe Trimethyl Phosphate Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Trimethyl Phosphate Market Size Forecast by Type
10.6.1 Pharmaceutical Grade
10.6.2 Chemical Grade
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Trimethyl Phosphate Market Size Forecast by Applications
10.10.1 Medicine
10.10.2 Pesticide Solvent
10.10.3 Extracting Agent
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Trimethyl Phosphate Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Trimethyl Phosphate Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Trimethyl Phosphate Market Size Forecast by Type
11.6.1 Pharmaceutical Grade
11.6.2 Chemical Grade
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Trimethyl Phosphate Market Size Forecast by Applications
11.10.1 Medicine
11.10.2 Pesticide Solvent
11.10.3 Extracting Agent
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Trimethyl Phosphate Analysis and Forecast
12.1 Introduction
12.2 Latin America Trimethyl Phosphate Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Trimethyl Phosphate Market Size Forecast by Type
12.6.1 Pharmaceutical Grade
12.6.2 Chemical Grade
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Trimethyl Phosphate Market Size Forecast by Applications
12.10.1 Medicine
12.10.2 Pesticide Solvent
12.10.3 Extracting Agent
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Trimethyl Phosphate Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Trimethyl Phosphate Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Trimethyl Phosphate Market Size Forecast by Type
13.6.1 Pharmaceutical Grade
13.6.2 Chemical Grade
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Trimethyl Phosphate Market Size Forecast by Applications
13.10.1 Medicine
13.10.2 Pesticide Solvent
13.10.3 Extracting Agent
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Trimethyl Phosphate Market: Competitive Dashboard
14.2 Global Trimethyl Phosphate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Daihachi Chemical
14.3.2 ZhangJia Gang YaRui Chemical
14.3.3 Eastman
14.3.4 Merck Millipore
14.3.5 Hisunny chemical
14.3.6 Jiangsu Changyu Chemical
14.3.7 Jiangsu Victory Chemical
14.3.8 Daihachi Chemical
