Dioleyl Hydrogen Phosphite Market: Overview
Dioleyl hydrogen phosphite is a chemical intermediate used in metalworking fluids. It can also be used as co-stabilizer. It can be mixed with metal stabilizers used in PVC applications. Dioleyl hydrogen phosphite is employed in engine and gear oils and greases. It hydrolyzes when exposed to humidity in the air or moisture in the lubricant; hence, it can be used as lubricant additive. The various factors affecting the dioleyl hydrogen phosphite include ambient atmosphere, temperature, and the duration of the exposure.
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Dioleyl Hydrogen Phosphite Market: Trends & Demands
Dioleyl hydrogen phosphite hydrolyzes in acidic as well as alkaline solutions to monoalkyl esters and phosphorous acid. It can also be used in heavy metal extraction, solvent separation, and as pre-ignition additive to gasoline, anti-foam agents, plastcizers, and stabilizers. Demand for dioleyl hydrogen phosphite is anticipated to be influenced by rise in changes of environmental regulations, fuel quality, and engine efficiency. Many countries began significant regulation of fuels after 2006, in response to concerns about air pollution and water pollution. The use of low sulfur diesels is one of the major factors influencing the global demand for dioleyl hydrogen phosphite. Shift toward usage of low sulfur diesels is anticipated to boost the demand for dioleyl hydrogen phosphite. Biofuels such as ethanol and biodiesel are likely to substantially impact the consumption of dioleyl hydrogen phosphite due to its anti-oxidant and corrosion inhibition properties. Fuel efficiency is one of the key concerns of the automotive industry. It is gradually becoming a prominent driving factor of the dioleyl hydrogen phosphite market. Deposits along fuel lines often choke injector nozzle and affect the engine performance. Use of dioleyl hydrogen phosphite as fuel additive is anticipated to prevent the formation of such types of deposits.
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Dioleyl Hydrogen Phosphite Market: Key Segments
Based on end-user, the global dioleyl hydrogen phosphite market can be classified into automotive, aerospace and defense, industrial, and others. In terms of application, the dioleyl hydrogen phosphite market can be divided into heavy metal extraction, solvent separation, and pre-ignition additives various fuel oils such as engine oil, gear oil, process oil, industrial oil, and hydraulics oil.
Dioleyl Hydrogen Phosphite Market: Regional Outlook
The global dioleyl hydrogen phosphite market expanded significantly in 2017. This trend is estimated to continue during the forecast period. Asia Pacific holds significant share of the global market. Rise in demand in metallurgy and advancements in the automotive industry are projected to boost the market in Asia Pacific during the forecast period. Increase in production of automobiles and presence of global automakers in the region is anticipated to fuel the dioleyl hydrogen phosphite in Asia Pacific. Demand for fuel additives in automotive and aerospace sectors in Europe is also boosting the market in the region. The dioleyl hydrogen phosphite market in North America is driven by the increase in demand for dioleyl hydrogen phosphite in military applications in the region. The dioleyl hydrogen phosphite market in Latin America and Middle East & Africa is estimated to expand at a significant pace during the forecast period, owing to the recent economic growth in these regions. Growth in demand for dioleyl hydrogen phosphite in the industrial sector is likely to propel the demand for dioleyl hydrogen phosphite in Middle East & Africa in the near future.
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Dioleyl Hydrogen Phosphite Market: Key Players
Key players operating in the global dioleyl hydrogen phosphite market include Italmach Chemicals, Parchem Fine & Specialty Chemicals, and AHH Chemical Co.,Ltd.
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