Non-Phthalate Plasticizers Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Phthalates or phthalate esters are commonly used plasticizers to primarily soften polyvinyl chloride (PVC). However, use of phthalates in consumer products may damage kidney, lungs, liver, and reproductive system. Due to the aforementioned negative effects, phthalate plasticizers are being replaced by non-phthalate plasticizers in the manufacture of consumer goods. Some of the commercially available non-phthalate plasticizers include citrate esters, phosphate esters, vegetable oil derivative epoxides, trimellitate esters, and polymeric plasticizers. These plasticizers are mostly used in floorings, wall covering, films, sheets, wires, and coated fabrics among others.

MARKET DYNAMICS

The global non-phthalate plasticizers market is anticipated to grow in the forecast period owing to driving factors such as developments in the product with improved characteristics and toxicology profiles. Moreover, increasing regulatory pressure from government bodies and non-government organizations on banning the use of phthalate plasticizers further paves the way for the growth of non-phthalate plasticizers market. However, higher prices of the product compared to traditional plasticizers hinders the growth of the market. Nonetheless, the rapidly growing construction and electronics industry in the emerging economies is likely to offer lucrative opportunities for the major players involved in the non-phthalate plasticizers market during the forecast period.

MARKET SCOPE

The "Global Non-Phthalate Plasticizers Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of non-phthalate plasticizers market with detailed market segmentation by type, application, and geography. The global non-phthalate plasticizers market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading non-phthalate plasticizers market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global non-phthalate plasticizers market is segmented on the basis of type and application. Based on type, the market is segmented as adipates, trimellitates, epoxies, benzoates, and others. On the basis of the application the market is segmented as flooring & wall coverings, coated fabric, consumer goods, film & sheet, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global non-phthalate plasticizers market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The non-phthalate plasticizers market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting non-phthalate plasticizers market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the non-phthalate plasticizers market in these regions.

MARKET PLAYERS

The reports cover key developments in the non-phthalate plasticizers market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from non-phthalate plasticizers market are anticipated to lucrative growth opportunities in the future with the rising demand for non-phthalate plasticizers in the global market. Below mentioned is the list of few companies engaged in the non-phthalate plasticizers market.

The report also includes the profiles of key non-phthalate plasticizers companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.

• BASF SE
• DIC Corporation
• Eastman Chemical Company
• Evonik Industries AG
• Exxon Mobil Corporation
• LG Chem
• Nan Ya Plastics Corporation
• OXEA GmbH
• PolyOne Corporation
• UPC Group

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Non-Phthalate Plasticizers Report Scope