The Global Non-Phthalate Plasticizers Market Size is valued at 3.31 billion in 2022 and is predicted to reach 4.94 billion by the year 2031 at a 4.73% CAGR during the forecast period for 2023-2031.
The global non-phthalate plasticizers market is expanding at an accelerated rate primarily due to the expanding construction and building sector and the widespread use of non-phthalate plasticizers in wall coverings and flooring. Also, the non-phthalate plasticizer is primarily required in delicate applications, such as medical, toys, food, and items that come into touch with people. These plasticizers are a safe substitute for traditional plasticizers, which are toxic and dangerous when they come into close contact with people. As a result, the need for non-phthalate plasticizers rises significantly, expanding the global market.
The government's laws prohibiting the use of traditional plasticizers have also contributed to the expansion of the market. The market will be driven in the future by rising demand for PVC products across various residential, industrial, and commercial applications.
Product improvements are made to provide items with better qualities so they can withstand higher temperatures and abrasion. Hence, the aforementioned factors are anticipated throughout the anticipated period to fuel the market for non-phthalate plasticizers.
The Non-Phthalate Plasticizers market is segmented on the basis of type and application. The market is segmented as adipates, trimelletes, benzoates, and others based on type. By application, the market is segmented into flooring & wall coverings, wires & cables, films & sheets, coated fabrics, consumer goods, and others.
The flooring and wall coverings market segment is anticipated to develop rapidly over the projected period. These elements will likely lead to a significant increase in the use of non-phthalate plasticizers in the flooring and wall coverings market in the future years. Also, it is anticipated that the section for Film & Sheet will expand significantly over the projected time.
While the Trimellitates Esters category is anticipated to have the greatest CAGR during the estimated period, the Adipates segment still held a sizable market share. The characteristics provided, such as its high-temperature performance characteristics, can be related to the causes.
Since PVC goods are being produced and consumed in more significant quantities in China, the Asia-Pacific dominates the non-phthalate plasticizers market. Due to the growing demand for monomeric plasticizers in the PVC market, the Asia-Pacific region is anticipated to develop at the fastest rate from 2021 to 2028. Due to the ease of producing plastic goods, China is driving the expansion of the Asia-Pacific market. Germany is leading in Europe as a result of the region's growing demand for monomeric plasticizers in construction products, while the United States is leading in North America as a result of the region's increasing demand for these materials in the medical sector.
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Report Attribute |
Specifications |
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Market size value in 2022 |
USD 3.31 Bn |
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Revenue forecast in 2031 |
USD 4.94 Bn |
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Growth rate CAGR |
CAGR of 4.73 % from 2023 to 2031 |
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Quantitative units |
Representation of revenue in US$ Billion, Volume (Kiloton) and CAGR from 2023 to 2031 |
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Historic Year |
2019 to 2022 |
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Forecast Year |
2023-2031 |
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Report coverage |
The forecast of revenue, the position of the company, the competitive market statistics, growth prospects, and trends |
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Segments covered |
Type And Application |
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Regional scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; Southeast Asia; South Korea; Southeast Asia |
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Competitive Landscape |
BASF SE, Eastman Chemical Company, ExxonMobil, Evonik Industries, DIC Corporation, Perstop Lanxess AG, KLG Group, Polynt, and Mitsuibishi Chemical Corporation |
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Customization scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing and available payment methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Non-phthalate Plasticizers Market Snapshot
Chapter 4. Global Non-phthalate Plasticizers Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: by Type Estimates & Trend Analysis
5.1. by Type & Market Share, 2019 & 2031
5.2. Market Size (Value (US$ Mn) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Type:
5.2.1. Adipates
5.2.2. Trimellitates
5.2.3. Benzoates
5.2.4. Epoxies
5.2.5. Others
Chapter 6. Market Segmentation 2: by End-users Estimates & Trend Analysis
6.1. by End-users & Market Share, 2019 & 2031
6.2. Market Size (Value (US$ Mn) & Forecasts and Trend Analyses, 2019 to 2031 for the following by End-users:
6.2.1. Flooring & Wall Coverings
6.2.2. Wires & Cables
6.2.3. Films & Sheets
6.2.4. Coated Fabrics
6.2.5. Consumer Goods
6.2.6. Others
Chapter 7. Non-phthalate Plasticizers Market Segmentation 3: Regional Estimates & Trend Analysis
7.1. North America
7.1.1. North America Non-phthalate Plasticizers Market Revenue (US$ Million) Estimates and Forecasts by Type, 2023-2031
7.1.2. North America Non-phthalate Plasticizers Market Revenue (US$ Million) Estimates and Forecasts by End-users, 2023-2031
7.1.3. North America Non-phthalate Plasticizers Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031
7.2. Europe
7.2.1. Europe Non-phthalate Plasticizers Market Revenue (US$ Million) Estimates and Forecasts by Type, 2023-2031
7.2.2. Europe Non-phthalate Plasticizers Market Revenue (US$ Million) Estimates and Forecasts by End-users, 2023-2031
7.2.3. Europe Non-phthalate Plasticizers Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031
7.3. Asia Pacific
7.3.1. Asia Pacific Non-phthalate Plasticizers Market Revenue (US$ Million) Estimates and Forecasts by Type, 2023-2031
7.3.2. Asia Pacific Non-phthalate Plasticizers Market Revenue (US$ Million) Estimates and Forecasts by End-users, 2023-2031
7.3.3. Asia Pacific Non-phthalate Plasticizers Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031
7.4. Latin America
7.4.1. Latin America Non-phthalate Plasticizers Market Revenue (US$ Million) Estimates and Forecasts by Type, 2023-2031
7.4.2. Latin America Non-phthalate Plasticizers Market Revenue (US$ Million) Estimates and Forecasts by End-users, 2023-2031
7.4.3. Latin America Non-phthalate Plasticizers Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031
7.5. Middle East & Africa
7.5.1. Middle East & Africa Non-phthalate Plasticizers Market Revenue (US$ Million) Estimates and Forecasts by Type, 2023-2031
7.5.2. Middle East & Africa Non-phthalate Plasticizers Market Revenue (US$ Million) Estimates and Forecasts by End-users, 2023-2031
7.5.3. Middle East & Africa Non-phthalate Plasticizers Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031
Chapter 8. Competitive Landscape
8.1. Major Mergers and Acquisitions/Strategic Alliances
8.2. Company Profiles
8.2.1. Avient Corporation
8.2.2. BASF SE
8.2.3. DIC Corporation,
8.2.4. Eastman Chemical Company
8.2.5. Emerald Performance Materials
8.2.6. Evonik Industries AG
8.2.7. ExxonMobil,
8.2.8. Ferro Corporation
8.2.9. Harman Corporation
8.2.10. Henan GO Biotech Co.,Ltd
8.2.11. Kaifeng Jiuhong Chemical Co., Ltd.
8.2.12. Kao Corporation
8.2.13. KLG Group,
8.2.14. LANXESS
8.2.15. LG Chem
8.2.16. Mitsubishi Chemical Corporation
8.2.17. NAN YA PLASTICS CORPORATION
8.2.18. Perstop Lanxess AG,
8.2.19. Perstorp
8.2.20. Polynt,
8.2.21. UPC Technology Corporation
8.2.22. Valtris Specialty Chemicals
8.2.23. Velsicol Chemical LLC
8.2.24. Zhejiangjiaao Enprotech Stock Co., Ltd
8.2.25. Other Prominent Players
Non-Phthalate Plasticizers Market By Type-
Non-Phthalate Plasticizers Market By Application-
Non-Phthalate Plasticizers Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
