Global Tributyl Phosphate (TBP) Market Expands with Growing Demand Across Industrial Applications
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The Tributyl Phosphate (TBP) Market is gaining significant traction as industrial sectors continue to prioritize efficient chemical agents for solvent extraction, plasticizers, and flame retardants. With expanding use in metallurgy, nuclear reprocessing, and manufacturing, TBP’s role in enhancing chemical processes is driving steady global demand.

As of 2023, the market is valued at USD 156.8 million and is projected to surpass USD 238.2 million by 2032, registering a CAGR of 4.8% during the forecast period.