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Non-phthalate Plasticizers Market to Witness Huge Growth by Key Players: BASF, Eastman Chemical Company, ExxonMobil, Evonik Industries, DIC Corporation, Perstorp, Lanxess AG, KLJ Group, Polynt, Mitsubishi Chemical Corporation and Others.

05-07-2020 10:34 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ReportsandReports

Non-phthalate Plasticizers Market to Witness Huge Growth by Key

According to Market Study Report, Non-phthalate Plasticizers Market provides a comprehensive analysis of the Non-phthalate Plasticizers Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape and emerging opportunities of global industry.This report also provides market landscape and market share information in the Non-phthalate Plasticizers Market. An exclusive data offered in this report is collected by research and industry experts team.

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The Market size of Non-Phthalate Plasticizers is estimated at USD 3.1 Billion in 2020 and is projected to reach USD 3.9 Billion by 2025, at a CAGR of 4.6%. This report spread across 144 pages, profiling 10 companies and supported with tables and figures are now available in this research.

Top Key Players Profiled in the Non-phthalate Plasticizers Market:
o BASF (Germany)
o Eastman Chemical Company (US)
o ExxonMobil (US)
o Evonik Industries (Germany)
o DIC Corporation (Japan)
o Perstorp (Sweden)
o Lanxess AG (Germany)
o KLJ Group (India)
o Polynt (Italy)
o Mitsubishi Chemical Corporation (Japan)

"The trimellitates type segment to register the fastest growth during the forecast period."
Trimellitates are manufactured by the esterification of C7 to C10 alcohols with trimellitic anhydride (TMA). They impart various properties, such as low volatility, low migration rate, good compatibility with PVC, good outdoor weatherability, plasticizer solvency, high temperature resistance, and extraction resistance. Trimellitates are used in dashboard PVC skins, and in the insulation or sheathing of electrical cables for high temperature, owing to low volatility properties.

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"The flooring & wall coverings application to be the largest consumer of non-phthalate plasticizers."
Flooring & wall coverings is one of the largest applications of non-phthalate plasticizers used in flexible PVC. According to the American Chemistry Council, flexible PVC is the second-most commonly used plastic material and is mainly used in the flooring & wall covering application in the construction industry. The low volatility and high extraction resistance properties of non-phthalate plasticizers are driving its demand in the flooring & wall covering application.

"APAC is projected to be the largest non-phthalate plasticizers market during the forecast period."
The non-phthalate plasticizers market in APAC is projected to register the highest CAGR during the forecast period. The flooring & wall coverings market in APAC is driven by the growing construction industry, increased consumer spending, and strong economic growth.

Breakdown of primary participants' profile:
o By Company Type - Tier 1: 25%, Tier 2: 50%, and Tier 3: 25%
o By Designation - C Level: 30%, Director Level: 50%, and Others: 20%
o By Region - APAC: 30%, Europe: 25%, North America: 20%, South America: 15%, and the Middle East & Africa: 10%

Competitive Landscape of Non-phthalate Plasticizers Market:
1 Introduction
2 Competitive Leadership Mapping, 2019
2.1 Visionary Leaders
2.2 Innovators
2.3 Dynamic Differentiators
2.4 Emerging Companies
3 Strength Of Product Portfolio
4 Business Strategy Excellence
5 Ranking Of Key Market Players
5.1 Basf
5.2 Eastman Chemical Company
5.3 Exxonmobil
5.4 Evonik Industries
5.5 Dic Corporation
6 Competitive Scenario
6.1 New Product Launch
6.2 Expansion

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Reason to access this report:
The report will help leaders/new entrants in the non-phthalate plasticizers market by providing them with the closest approximations of revenues for the overall market and its various sub-segments. This report will help stakeholders obtain a better understanding of the competitive landscape and gain insights to enhance their businesses and devise suitable market strategies.

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