Triethyl Citrate Market - Global Industry Growth, Trends , Forecast 2015 - 2023

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Triethyl Citrate Market - Global Industry
Analysis, Size, Share, Growth, Trends
and Forecast 2015 - 2023

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REPORT DESCRIPTION

Triethyl citrate is an ester of citric acid synthesized by reacting citric acid with ethyl alcohol i.e. esterification. The compound is
also present naturally in wine and cherries. The applications of triethyl citrate include plasticizers, food additive, lubricants,
plastics and pharmaceutical coatings.
Growing global demand for plastics and PVC is expected to drive the market for triethyl citrate. it is prominently used in the
production of plastics and PVC. The compound stabilizes the final product chemically. Triethyl citrate is also used as polymer
modifier for PVC, vinyl, polyolefins, rubber and polystyrenics. Growing demand for these polymers is expected to drive the
market for triethyl citrate. In addition, triethyl citrate forms indispensable part of lubricants in various industrial processes and
automotives. Growing automotive industry in developing region is expected to drive the triethyl citrate market growth. Rising
disposable income and changing lifestyle of consumer groups in developing country is driving automotive industry. Further,
industrialization in China is contributing significantly to industrial development, which in turn driving triethyl citrate market as
lubricants. In addition, growing demand for triethyl citrate from surfactants industry is expected to boost the market growth. It is
also used in food additives to avoid foam...