The Global Trimethyl Phosphate Market was valued at USD 246.8 Million in 2023 and is projected to reach USD 354.2 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.3% during the forecast period (2023-2030). This growth is driven by increasing demand from pharmaceutical manufacturing, agrochemical applications, and flame retardant formulations.
As industries continue to adopt trimethyl phosphate for its solvent properties and reactivity in chemical synthesis, leading manufacturers are scaling production capacities and enhancing product purity. In this blog, we profile the Top 10 Companies in the Trimethyl Phosphate Industry—a mix of chemical giants and specialized producers shaping the global supply chain.
🔟 1. Daihachi Chemical Industry Co., Ltd.
Headquarters: Osaka, Japan
Key Offering: High-purity trimethyl phosphate (TMP)
Daihachi Chemical is a global leader in phosphorus-based chemicals, supplying high-grade trimethyl phosphate primarily for flame retardant and pharmaceutical applications. The company operates advanced manufacturing facilities across Asia.
Production Capabilities:
- Annual capacity exceeding 15,000 metric tons
- Pharmaceutical-grade production under cGMP
- R&D focus on eco-friendly production processes
Download FREE Sample Report: https://www.24chemicalresearch.com/download-sample/241844/global-trimethyl-phosphate-forecast-market-2023-2032-568
9️⃣ 2. Zhangjiagang YaRui Chemical Co., Ltd.
Headquarters: Jiangsu, China
Key Offering: Industrial and pharmaceutical-grade TMP
As China’s leading TMP producer, YaRui Chemical supplies over 20% of Asia’s trimethyl phosphate demand. The company specializes in cost-effective production while maintaining strict quality controls.
Production Capabilities:
- Vertically integrated phosphorus chemical operations
- Annual capacity of 12,000 metric tons
- Exporting to 40+ countries worldwide
8️⃣ 3. Eastman Chemical Company
Headquarters: Tennessee, USA
Key Offering: High-purity specialty TMP formulations
Eastman’s advanced materials division produces ultra-pure trimethyl phosphate for demanding pharmaceutical and electronics applications, leveraging proprietary purification technologies.
Innovation Highlights:
- Low-metal-content grades for semiconductor applications
- Closed-loop production systems minimizing environmental impact
- Custom formulations for specific industrial applications
Download FREE Sample Report: https://www.24chemicalresearch.com/download-sample/241844/global-trimethyl-phosphate-forecast-market-2023-2032-568
7️⃣ 4. Merck KGaA
Headquarters: Darmstadt, Germany
Key Offering: Laboratory and pharmaceutical-grade TMP
Merck’s life science division supplies ultra-high purity trimethyl phosphate meeting pharmacopeia standards for critical pharmaceutical synthesis applications worldwide.
Quality Standards:
- Meets EP, USP, and JP monograph requirements
- GMP-compliant manufacturing
- Comprehensive analytical characterization
6️⃣ 5. Hisunny Chemical Co., Ltd.
Headquarters: Shanghai, China
Key Offering: Industrial-grade TMP for agrochemicals
Hisunny has emerged as a key supplier of trimethyl phosphate for pesticide formulations, particularly serving the growing Asian agricultural chemicals market.
Market Position:
- Strategic partnerships with major agrochemical producers
- 8,000 metric ton annual production capacity
- Competitive pricing for bulk industrial applications
5️⃣ 6. Jiangsu Changyu Chemical Co., Ltd.
Headquarters: Jiangsu, China
Key Offering: Technical and purified TMP grades
Changyu Chemical operates one of China’s most modern trimethyl phosphate production facilities, supplying both domestic and international markets with consistent quality product.
Facility Highlights:
- Continuous process technology for consistent quality
- 10,000 metric ton nameplate capacity
- Advanced wastewater treatment systems
4️⃣ 7. Jiangsu Victory Chemical Co., Ltd.
Headquarters: Jiangsu, China
Key Offering: Standard and custom TMP formulations
Victory Chemical has grown rapidly to become a significant exporter of trimethyl phosphate, particularly to emerging markets in Southeast Asia and Africa.
Growth Strategy:
- Focus on cost-competitive production
- Expanding distribution networks in developing markets
- Custom blends for specific industrial applications
3️⃣ 8. Lanxess AG
Headquarters: Cologne, Germany
Key Offering: High-performance TMP for flame retardants
Lanxess supplies trimethyl phosphate as a key intermediate for its advanced flame retardant systems used in electronics and construction materials.
Technical Expertise:
- Specialty formulations for polymer applications
- Closed-loop recycling initiatives
- Technical support for formulation development
2️⃣ 9. ICL Group
Headquarters: Tel Aviv, Israel
Key Offering: TMP for specialty chemical applications
ICL utilizes its phosphorus chemistry expertise to produce trimethyl phosphate primarily for its internal flame retardant and agrochemical production needs.
Vertical Integration:
- In-house phosphorus feedstock
- Integrated production with downstream products
- Focus on sustainable production processes
1️⃣ 10. Solvay S.A.
Headquarters: Brussels, Belgium
Key Offering: High-purity TMP for specialty applications
Solvay produces trimethyl phosphate as part of its advanced materials portfolio, focusing on high-value applications in electronics and performance chemicals.
Innovation Focus:
- Developed low-impurity grades for lithium battery applications
- Patent-protected production methods
- Circular economy initiatives in phosphorus chemistry
Get Full Report Here: https://www.24chemicalresearch.com/reports/241844/global-trimethyl-phosphate-forecast-market-2023-2032-568
🔍 Outlook: The Future of Trimethyl Phosphate
The trimethyl phosphate market is evolving with changing regulatory landscapes and technological advancements across end-use industries.
📈 Key Market Trends:
- Growing pharmaceutical applications driving demand for high-purity grades
- Increasing use as electrolyte additive in lithium-ion batteries
- Stricter environmental regulations impacting production methods
- Expansion of production capacities in Asia Pacific region
Get Full Report Here: https://www.24chemicalresearch.com/reports/241844/global-trimethyl-phosphate-forecast-market-2023-2032-568
The companies profiled above are at the forefront of meeting global demand while navigating the technical and regulatory challenges in this specialized chemical market.
- Pentaerythritol Global Market 2023 forecast to 2032- Capacity, Production, Capacity Utilization Rate, Ex-Factory Price, Revenue, Demand & Supply,Import and Export, Cost, Gross Margin Analysis - September 15, 2025
- Top 10 Companies in the PV Bus-bar (Bus Ribbon) Market (2025): Industry Leaders Powering Solar Innovation - September 15, 2025
- Segment Analysis of Inorganic Zinc Silicate Primer Market: Products, Applications, and End-Users (2023-2030) - September 15, 2025