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Non Phthalate Plasticizer Market: The global market is expected to grow at a CAGR of 4.8% during the forecasted period.

02-20-2024 01:36 PM CET | Industry, Real Estate & Construction

Press release from: Evolve Business Intelligence

Non Phthalate Plasticizer Market: The global market is expected

As per the study initiated by Evolve Business Intelligence, the global Non Phthalate Plasticizer Market size accounted for USD 2.7Billion in 2022, growing at a CAGR of 4.8% from 2023 to 2033. Non-phthalate plasticizers refer to a class of chemical compounds used to enhance the flexibility, durability, and other physical properties of plastics. Traditional plasticizers, such as phthalates, have faced concerns related to potential health and environmental risks, leading to an increased demand for alternative options. Non-phthalate plasticizers are designed to replace or reduce the use of phthalates in various applications, including the production of flexible PVC (polyvinyl chloride) products.

The non-phthalate plasticizer market includes various products and chemical compounds that serve as substitutes for traditional phthalates. Examples of non-phthalate plasticizers include adipates, citrates, trimellitates, and bio-based alternatives. Manufacturers in this market aim to provide plasticizer solutions that meet regulatory standards, exhibit desired performance characteristics, and align with sustainability goals.

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Key Highlights:
• The global Non Phthalate Plasticizer Market size was valued at USD 2.7billion in 2022 growing at a CAGR of 4.8% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to grow at the highest CAGR from 2023 to 2033

Evolve Business Intelligence has just unveiled its latest market research report focusing on the Global Non Phthalate Plasticizer Market. This comprehensive report delves into various facets of the market, including market size and projections, market dynamics, competitor market share analysis, market value and volume, SWOT analysis, product comparisons, recent advancements by major players, and prospective opportunities. Furthermore, the market's evaluation in the dynamic chapter considers four key indicators: Drivers, Constraints, Emerging Trends, and Challenges..

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Key Players
Some of the major Non Phthalate Plasticizer Market players holding high market shares include BASF SE, Valtris Specialty Chemicals, Velsicol Chemical LLC and Eastman Chemical Company. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• LG Chem Ltd
• BASF SE
• Valtris Specialty Chemicals
• Velsicol Chemical LLC
• Eastman Chemical Company
• Evonik Industries AG
• DIC CORPORATION
• NAN YA PLASTICS CORPORATION
• Grupa Azoty
Segmental Analysis
Market Segment By Type
• Adipates Esters
• Trimellitates Esters
• Epoxies Esters
• Benzoates
Market Segment By Application
• Flooring & Wall Covering
• Film & Sheets
• Wire & Cable
• Toys & Childcare Article

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Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)

Reasons to Buy this Report:
• Comprehensive insights.
• Reliable and accurate data.
• Market size and dataforecast
• Competitive analysis.
• Identification of market opportunities.
• Risk identification and mitigation strategies.
• SWOT analysis.
• TAM Analysis
• Recent industry developments.
• Customization options.
• Expertise and guidance for strategic decision-making

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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from Fortune's global 2000 companies.

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