Non-Phthalate Plasticizers Market Set to Witness Unprecedented Growth of USD 1,238.55 Million, Size, Share, Trends, Growth Opportunities and Competitive Outlook

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.

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.

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.

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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. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Global Non-Phthalate Plasticizers Market Scope and Market Size

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 Regional Analysis/Insights

The Non-phthalate Plasticizers market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.

The countries covered in the Non-phthalate Plasticizers market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

The report answers questions such as:

1. What is the market size and forecast of the Non-phthalate Plasticizers Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Non-phthalate Plasticizers Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the Non-phthalate Plasticizers Market?
4. What is the competitive strategic window for opportunities in the Non-phthalate Plasticizers Market?
5. What are the technology trends and regulatory frameworks in the Non-phthalate Plasticizers Market?
6. What is the market share of the leading vendors in the Non-phthalate Plasticizers Market?
7. What modes and strategic moves are considered suitable for entering the Non-phthalate Plasticizers Market?

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