Below are some of the key findings from the non-phthalate plasticizers industry analysis
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Global Non-phthalate plasticizers Industry Overview
Non-phthalate plasticizers industry growth is expected to accelerate over the next five years, driven by increasing regulations on phthalate plasticizers. Rising concerns about the toxicity of phthalate plasticizers are expected to affect the growth of the global non-phthalate plasticizers market. The ban over the use of phthalate plasticizers and the regulations to replace them with non-phthalate plasticizers will be a crucial factor behind the growth of the market. The high demand from APAC and the US for non-phthalate plasticizers as a raw material in gloves, toys, food containers, and packaging industry will drive the non-phthalate plasticizers market to grow at a CAGR of almost 6% during the forecast period.
Top non-phthalate plasticizer manufacturers covered in this market research report
The non-phthalate plasticizers market is fairly concentrated with stiff competition among non-phthalate plasticizer suppliers who offer products to end-user sectors such as flooring and wall covering, wire and cable, film and sheet, consumer goods, and others. Many established non-phthalate plasticizers manufacturers are vying for their share of the market, and the new players must differentiate themselves to gain vital traction over their peers. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this non-phthalate plasticizers industry analysis report will allow the clients to identify new growth opportunities and design innovative strategies for improving their share in the market.
The report offers a complete analysis of various non-phthalate plasticizer manufacturers including:
- BASF
- DIC
- Eastman Chemical Company
- Evonik Industries
- Exxon Mobil
- LG Chem
Non-phthalate plasticizers market segmentation based on geographic regions
- APAC
- North America
- Europe
- ROW
With a complete study of the growth opportunities for the companies across regions such as APAC, North America, Europe, and ROW, APAC will contribute to the highest growth of this market throughout the forecast period. The booming buildings and construction industry are one of the primary reasons for the rapid growth of the non-phthalate plasticizers market in this region.
Non-phthalate plasticizers market segmentation based on the end-user type
- Flooring and wall covering
- Wire and cable
- Film and sheet
- Consumer goods
- Others
The flooring and wall covering end-user segment will account for the largest share in the non-phthalate plasticizers market. Additionally, the report also provides an accurate prediction of the contribution of the various steering system type segments to the growth of the non-phthalate plasticizers market size.
Key highlights of the global non-phthalate plasticizers market for the forecast years 2019-2023:
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will accelerate the growth of the non-phthalate plasticizers market during the next five years
- Precise estimation of the global non-phthalate plasticizers market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the non-phthalate plasticizers industry across various geographies such as the APAC, the Americas, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on factors that will challenge the growth of non-phthalate plasticizers manufacturers
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