Phosphate Esters Market

Danishsmith0114 Jun, 2021Health

The global phosphate esters market is expected to be around US$ 1390 Million by 2025 at a CAGR of 6.9% in the given Forecast period. Phosphate ester is the common name for esters of phosphoric acid. It is also known as organophosphates which defines has organic salts of orthophosphoric acid O=P(OH)3. They are also organophosphorous compounds that are the basis of many insecticides, herbicides, and nerve agents. However, only one relatively small group has found significant use as basestocks for synthetic fluids.

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