Phosphate Ester Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2
The phosphate ester market is estimated to grow at a CAGR of 6.5% over the forecast period. Phosphate ester is an ester of phosphoric acid. Phosphate ester is typically liquids at room temperature, but some are solids. They are non-flammable, have good lubricating properties, are versatile solvents, and are relatively low in toxicity. These properties make them useful in a wide range of applications, including flame retardants, plasticizers, hydraulic fluids, solvents, extraction agents, antifoam agents, and coatings for electronic devices.