The invention relates to an industrial production method for trioctyl phosphate, and in particular relates to an industrial production process for trioctyl phosphate and a byproduct recovering method. Raw materials comprise octanol, phosphorus oxychloride, phosphorus oxychloride and aqueous alkali. The device mainly comprises a centrifugal pump, an octanol storage tank, an octanol metering tank, a mixing kettle, a freezing brine pump, a freezing brine device, an esterification kettle, a steam pipeline, a neutralizing kettle, an alkaline water tank, a hydrogen chloride recovering device, a washing device, a vacuum pump, a dealcoholization pump, a condenser and an alcohol-water separator. According to the method provided by the invention, hydrogen chloride can be recovered and marketed in form of hydrochloric acid product, so that pollution is reduced. The washing device is further arranged to adequately remove impurities such as monooctyl phosphate and dioctyl phosphate. A lens is additionally installed, so that whether washing water is discharged completely or not is easy to judge. A spraying stirring device is adopted to reduce the degree of emulsification during separation. The alcohol-water separator can produce octanol products, so that the product purity of trioctyl phosphate is increased and the production cost is lowered.