Non-phthalate Plasticizers Market Size Worth USD 1,238.55 Million with Healthy CAGR of 5.9% by 2028

Non-phthalate plasticizers market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing at a CAGR of 5.9% in the forecast period of 2021 to 2028 and expected to reach USD 1,238.55 million by 2028.

The Global Non-phthalate Plasticizers Market report brings into light key market dynamics of the sector. This intelligence report includes investigations based on Current scenarios, Historical records, and Future predictions. The report contains different market predictions related to market size, revenue, production, CAGR, Consumption, gross margin, diagrams, graphs, pie charts, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis. It presents the 360-degree overview of the competitive landscape of the industries. Non-phthalate Plasticizers Market is showing steady growth and CAGR is expected to improve during the forecast period.

Non-phthalate plasticizers are those plasticizers which are free from phthalates. The non-phthalate plasticizers are used for softening of the PVC products and to increase the strength of products. Non-phthalate plasticizers are manufactured from petroleum or bio-based products which have very less effect on human body. Few instances of non-phthalates include DOTP (diethylehexyl terephthalate, aka DEHT), Hexamoll DINCH (diisononyl cyclohexane dicarboxylate), as well as bio-based plasticizers which are based on soya oil, vegetable oil.

The bio-based plasticizers have the properties such as non-toxicity during metabolism, good miscibility with polymers, high efficiency as normal plasticizers, and high resistance to leaching from polymer. Bio-based plasticizers can be obtained mainly from agricultural products, by-products and waste. The industry is gradually drifting from traditional phthalate-based plasticizers to bio-based plasticizers due to environmental and health issues. New types of bio-degradable plasticizers are compatible with bio-based plastics, increasing the demand for bio-degradable plasticizers in the market. The major restraints which may impact the non-phthalate plasticizers market are high cost of non-phthalate plasticizers and lack of awareness regarding harmful nature of phthalate plasticizers is impacting the growth of the non-phthalate plasticizers market.

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The major players covered in the report are BASF SE, Avient Corporation, LANXESS, Emerald Performance Materials, NAN YA PLASTICS CORPORATION, Harman Corporation, Evonik Industries AG, Eastman Chemical Company, DIC CORPORATION, Kao Corporation, LG Chem, Perstorp, UPC Technology Corporation, ZHEJIANGJIAAO ENPROTECH STOCK CO.,LTD, Kaifeng Jiuhong Chemical Co., Ltd., Henan GO Biotech Co.,Ltd, Valtris Specialty Chemicals, Velsicol Chemical LLC, Ferro Corporation and Mitsubishi Chemical Corporation among other domestic and global players.

This non-phthalate plasticizers market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.

Scope of the Non-phthalate Plasticizers Market Report:

The research examines the key players in the Global Non-phthalate Plasticizers Market in detail, focusing on their market share, gross margin, net profit, sales, product portfolio, new applications, recent developments, and other factors. It also sheds light on the vendor landscape, helping players to foresee future competitive movements in the global Non-phthalate Plasticizers business.

Non-phthalate plasticizers market is segmented of the basis into product type, PVC compatibility, application and end-user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

On the basis of type, the non-phthalate plasticizers market is segmented into monomeric plasticizers and polymeric plasticizers. In 2021, demand for monomeric plasticizers is increasing due to increasing demand for light weight and flexible polymer products.
On the basis of PVC compatibility, the non-phthalate plasticizers market is segmented into primary (high solvation) and secondary (low solvation). In 2021, primary (high solvation) is dominating as primary (high solvation) products ensure the wire protection in electronic industry which increases its demand in the region.
On the basis of application, the non-phthalate plasticizers market is segmented into flooring and wall coverings, wire & cable, films & sheets, coated fabrics, adhesive and sealants and others. In 2021, people have more purchasing power and inviting more in the interior decoration of homes and commercial building which makes flooring and wall coverings dominate in the region.
On the basis of end-user, the non-phthalate plasticizers market is segmented into building & construction, automotive, consumer goods, sports & leisure, healthcare, electrical and electronics, food & beverages and others. In 2021, building & construction segment is dominating in the market as government is investing money in new green building projects which increases the demand for the non-phthalate products in building and construction industry.

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NON-PHTHALATE PLASTICIZERS MARKET COUNTRY LEVEL ANALYSIS
The market is analysed and market size information is provided by country, type, PVC compatibility, application and end-user as referenced above.

The countries covered in the non-phthalate plasticizers market report are U.S., Canada, Mexico, Peru, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Hungary, Lithuania, Austria, Ireland, Norway, Poland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Vietnam, Rest of Asia Pacific, South Africa, Saudi Arabia, U.A.E, Kuwait, Israel, Egypt, Rest of Middle East and Africa.

Asia-Pacific dominates the non-phthalate plasticizers market as in China, the production and consumption of PVC products is increasing in the region. The Asia-Pacific region is expected to grow with the highest growth rate in the forecast period of 2021 to 2028 because of increasing demand of monomeric plasticizers in PVC market. China is leading the growth of the Asia-pacific market due to easy production of plastic products. In the Europe region, the Germany is dominating due to increasing demand of monomeric plasticizers in building products in the region while U.S. is dominating the North America market due to more demand of monomeric plasticizers in medical industry.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of North America brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.

What insights does the Non-phthalate Plasticizers Market report provide to the readers?

➜ Non-phthalate Plasticizers fragmentation on the basis of product type, end-use, and region

➜ Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape

➜ Collaborations, R&D projects, acquisitions, and product launches of each Non-phthalate Plasticizers player

➜ Various regulations imposed by the governments on the consumption of Non-phthalate Plasticizers in detail

➜ Impact of modern technologies, such as big data & analytics, artificial intelligence, and social media platforms on the global Non-phthalate Plasticizers Market.

There are 13 Sections to show the global Non-phthalate Plasticizers market:

Chapter 1: Market Overview, Drivers, Restraints and Opportunities, Segmentation overview

Chapter 2: Market Competition by Manufacturers

Chapter 3: Production by Regions

Chapter 4: Consumption by Regions

Chapter 5: Production, By Types, Revenue, and Market share by Types

Chapter 6: Consumption, By Applications, Market share (%), and Growth Rate by Applications

Chapter 7: Complete profiling and analysis of Manufacturers

Chapter 8: Manufacturing cost analysis, Raw materials analysis, Region-wise manufacturing expenses

Chapter 9: Industrial Chain, Sourcing Strategy, and Downstream Buyers

Chapter 10: Marketing Strategy Analysis, Distributors/Traders

Chapter 11: Market Effect Factors Analysis

Chapter 12: Market Forecast

Chapter 13: Non-phthalate Plasticizers Market Research Findings and Conclusion, Appendix, methodology, and data source

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