Phosphate Ester Market to Exhibit Favorable Growth Rate between 2015 and 2020
Also called as organophosphate, phosphate esters are mostly used as additives in lubricants, owing to their thermal stability and high lubrication properties. Phosphate ester is the generic name given to esters of phosphoric acid. They are a group of synthetic chemical compounds formed by the replacement of a hydrogen atom of an acid with hydrocarbon radical of an ethyl type. They are being adopted...