Press release
Non-PVC Plasticizers Market Expected to Reach US$ 414.3 Million by 2024
Non-PVC Plasticizers Market
Amongst the product types of Non-PVC Plasticizers, the benzoates segment is expected to register significant CAGR, in terms of value, over the forecast period. Amongst application segments of Non-PVC Plasticizers, the medical products segment is expected to gain substantial revenue share after witnessing significant CAGR, in terms of value, by 2026.
Rising healthcare spending, increasing R&D infrastructure, new product development for niche applications and penetration of new chemicals and solutions for the fabrication of medical products are some of the key factors creating demand space for Non-PVC Plasticizers.
Request For Free Sample Report of Non Pvc Plasticizers Market @ https://www.persistencemarketresearch.com/samples/25990
The global market for Non-PVC Plasticizers is estimated to create substantial incremental $ opportunity of US$ 414.3 Million by the end of 2026. China is moving forward and will capture the top position in terms of both value & volume in the global plasticizer for non-PVC application market by 2018 end and is predicted to sustain its position during the forecast period in the Non-PVC Plasticizers market. Rapid expansion in healthcare, pharmaceutical & personal care industries are the key factors responsible for increased penetration of Non-PVC Plasticizers.
The Non-PVC Plasticizers market is pegged to record notable advancements in the coming years, particularly in China, North America, and Europe & South East Asia. Rubber, adhesive & sealants, healthcare, personal care and paints & coatings are the key end users in terms of non-PVC applications. Their expansion in near future will fuel the growth of the global Non-PVC Plasticizers market during the forecast period.
However, the global Non-PVC Plasticizers market will face certain hurdles. Phthalates are majorly used Non-PVC Plasticizers (phthalates occupy ~around 57% share in Non-PVC Plasticizers) in numerous applications. While phthalates offer several advantages, they also have certain negative effects on the environment as well as human health. Attributing to this, stringent regulations will restrict their use in various applications.
Vendor Insights
The report highlights some of the top companies operating in the global Non-PVC Plasticizers market, such as BASF SE, ExxonMobil Corporation, Eastman Chemical Company, LG Chem Ltd., Evonik Industries AG, Nan Ya Plastics Corporation, Ferro Corporation, Arkema Group, UPC Group, and Teknor Apex, Hanwha Chemical Co., Ltd. and others.
For critical insights on this market, request for customization here@ https://www.persistencemarketresearch.com/request-customization/25990
Major manufacturers are intensely working to introduce novel Non-PVC Plasticizers that fulfil all international regulations and certifications in order to enhance their presence in the Non-PVC Plasticizers market. These manufacturers are also focusing on increasing their end user base in Asia Pacific, which has led to a substantial surge in the consumption of Non-PVC Plasticizers. Participants have also been involved in emerging business model activities, such as mergers and acquisitions, to expand their market reach and cement their position in different regions.
Segmentation Analysis
On the basis of product type, despite witnessing moderate growth, the phthalate segment is anticipated to dominate the Non-PVC Plasticizers market over the forecast period
On the basis of sub-segments, HMW Phthalates captures almost one-fourth of the overall market share by value. HMW phthalates & LMW phthalates are the vital choices for numerous industrial applications in Non-PVC Plasticizers market owing to their better properties. For example, they impart flexibility & durability to the final product
On the basis of application, Non-PVC Plasticizers are gaining considerable adoption in the medical products market, such as in gloves, bags and tubing. The segment is expected to expand and become 1.4X over the forecast period in the Non-PVC Plasticizers market. Tubing is expected to create maximum incremental $ opportunity by 2026
Buy The Complete Report to read the analysed strategies adopted by the top vendors either to retain or gain market share@ https://www.persistencemarketresearch.com/checkout/25990
Regional Analysis
China & South East Asia Pacific, cumulatively, captured close to 43 % revenue share in the global Non-PVC Plasticizers market by the end of 2017. The US & Europe are the key regions having substantial production base for the synthesis of plastic products and thus, these regions are predicted to generate substantial growth opportunities in the global Non-PVC Plasticizers market.
Read More Trending "PMR Exclusive Article"-
• Agrifiber Products Market - https://www.persistencemarketresearch.com/market-research/agrifiber-products-market.asp
• Building Insulation Materials Market - https://www.persistencemarketresearch.com/market-research/building-insulation-materials-market.asp
Contact Us:
Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
Website - https://www.persistencemarketresearch.com
About Us:
Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Non-PVC Plasticizers Market Expected to Reach US$ 414.3 Million by 2024 here
News-ID: 3087441 • Views: …
More Releases from Persistence Market Research
Polyurethane Catalyst Market to Reach US$ 3.96 Billion by 2032 Driving Growth, S …
Polyurethane (PU) catalysts are specialized chemicals that play a critical role in the production of polyurethane materials. These catalysts accelerate and control the chemical reaction between polyols and isocyanates, which form polyurethane products. Polyurethanes are versatile materials used in flexible and rigid foams, coatings, adhesives, sealants, elastomers, textiles, and other applications. The performance of polyurethane products heavily depends on the type and efficiency of the catalyst used in their production.
According…
Europe Basalt Fibre Market Set to Grow from US$ 83.5 Million in 2025 to US$ 195. …
The European basalt fibre market has witnessed substantial growth in recent years, driven by increasing demand across multiple industries, including construction, automotive, aerospace, and wind energy. Basalt fibre, derived from natural volcanic rock, offers high strength, non-corrosive properties, and environmental benefits, positioning it as an attractive alternative to traditional materials such as glass and carbon fibres. As the European Union moves toward its Net-Zero 2050 targets, the adoption of sustainable…
Asia Pacific Automotive Metal Stamping Market Expected to Rise from US$ 47.9 Bil …
The Asia Pacific automotive metal stamping market is poised for significant growth, with its market value projected to reach US$ 47.9 billion by 2024. Analysts anticipate the market will expand at a compound annual growth rate (CAGR) of 6.1% from 2024 to 2031, ultimately achieving a valuation of US$ 72.5 billion by 2031. This upward trajectory is underpinned by a robust expansion in the automotive industry, growing consumer preference for…
North America Commercial Refrigeration Fans Market: Innovations and Growth Oppor …
The North American commercial refrigeration fans market is experiencing dynamic growth due to the increasing demand for energy-efficient cooling solutions in retail, foodservice, and cold chain logistics. Commercial refrigeration systems are integral to preserving perishable goods, maintaining food safety, and reducing spoilage. Fans play a crucial role in circulating air within refrigeration units, ensuring uniform cooling and optimal performance. With rising energy costs and stricter environmental regulations, manufacturers are focusing…
More Releases for Plasticizers
Non Phthalate Plasticizers Market Size Analysis by Application, Type, and Region …
USA, New Jersey- According to Market Research Intellect, the global Non Phthalate Plasticizers market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The Non-Phthalate Plasticizers Market is set to experience substantial expansion from 2025 to 2032, driven by increasing regulatory restrictions on phthalate-based plasticizers and a…
Plasticizers Market Size and Forecast
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- The global Plasticizers Market is expected to record a CAGR of XX.X% from 2024 to 2031 In 2024, the market size is projected to reach a valuation of USD XX.X Billion. By 2031 the valuation is anticipated to reach USD XX.X Billion.
The impact of manufacturers on the market is significant across various industries, influencing supply chains, consumer choices, and economic growth. Manufacturers are key players in the…
Plasticizers Market Size and Forecast
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- The global Plasticizers Market is expected to record a CAGR of XX.X% from 2024 to 2031 In 2024, the market size is projected to reach a valuation of USD XX.X Billion. By 2031 the valuation is anticipated to reach USD XX.X Billion.
The plasticizers market size and forecast pertain to the estimated market value and projected growth trends of plasticizers, which are substances added to materials to increase…
Plasticizers By phthalate and Non-phthalate
Plasticizers are essential additives in the polymer industry, employed to enhance the flexibility and workability of various plastic materials. They facilitate the molding and shaping of plastics, making them versatile and suitable for numerous applications across industries. Plasticizers can be broadly categorized into two types: phthalate and non-phthalate, each with its unique characteristics and considerations.
Download Free Sample PDF @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=320677
Phthalate plasticizers, such as diethyl phthalate (DEP), di-n-butyl phthalate (DBP), and…
Plasticizers Market Forecast 2023 to 2032
Plasticizers are chemical additives that are used to improve the flexibility, durability, and workability of polymers, primarily plastics. They are added to plastic formulations during their production to modify various physical and mechanical properties of the resulting plastic products. Plasticizers work by reducing the forces of attraction between polymer chains, allowing them to move more freely and making the plastic more pliable and less brittle.
The main function of plasticizers is…
Plasticizers Market Evolving Industry Trends 2024
Thanks to the augmenting urbanization, growth of the construction industry, and the infrastructural developments in the medical and the healthcare sector, especially in emerging economies, such as China and India, the global market for plasticizers has been witnessing a remarkable progress in its size and valuation. Along with this, the surge in the demand for PVC products and the expansion of the automotive industry are also boosting this market significantly.
Obtain…
