Non-PVC Plasticizers Market Overview
According to a research survey conducted by ChemView Consulting, the current valuation of the Global Non-PVC Plasticizers Market is worth US$ 897.2 Mn in 2022. The market value of stainless steel is expected to reach US 1,461.4 Mn by 2032, growing at a CAGR of 5.0% over the forecast period.
Non-PVC plasticizers are additives added to materials (often plastics or elastomers) to improve their workability, flexibility, or dispensability. Non-PVC plasticizers are typically tasteless and colorless. Non-PVC plasticizers are used in the commercial sector to lower the elastic modulus of the finished product, lower the temperature of a second-order transition, and reduce melt viscosity.
ChemView Consulting has analyzed that plastic additives have greatly increased popularity in the plastic production industry due to their extensive function in producing necessary alterations. Not only are additives used to change the appearance of plastics, but they are also employed to increase the strength of plastics. In addition to making plastics stronger, additives are also in high demand for their ability to reduce the weight of completed plastic goods. They are increasingly being employed in automobile plastics. These factors are projected to fuel market growth for non-PVC plasticizers in the upcoming years.
Phthalates are the leading product type of Non-PVC Plasticizers. A class of compounds known as phthalates is used to increase the durability of plastics. They are frequently known as plasticizers. Some phthalates are used to aid in the dissolution of other substances. Numerous products, including vinyl flooring, lubricating lubricants, and personal care items, contain phthalates (soaps, shampoos, hair sprays).
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Segments Covered in Report
- Paints & Coating
- Rubber Products
- Adhesive & Sealant
- Personal Care Product
- Medical Products
- Household Products
By Product Type:
By Region and Country:
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Rest of Latin America)
- Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
- Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
- Africa (South Africa, Nigeria, Egypt, Rest of Africa)
Key Takeaways from the Non-PVC Plasticizers Market
- Based on the product type, Phthalates are the leading product type of Non-PVC Plasticizers. A class of compounds known as phthalates is used to increase the durability of plastics. They are frequently known as plasticizers. Some phthalates are used to aid in the dissolution of other substances.
- Due to the increasing need to advance pharmaceutical products to improve healthcare services, Europe is predicted to have substantial growth throughout the projected period, holding a market share of 24.3%.
Key companies covered in the market study are BASF SE, ExxonMobil Corporation, Eastman Chemical Company, LG Chem Ltd., Evonik Industries AG, Nan Ya Plastics Corporation, Ferro Corporation, Arkema Group, UPC Group, Teknor Apex, Hanwha Chemical Co., Ltd
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Report Key Highlights
- Detailed information on factors that will assist Global Non-PVC Plasticizers’ growth during the next ten years
- Assessment of the historical and current Global Non-PVC Plasticizers Market size (2017-2021), market projections (2022-2032), and its contribution to the parent market
- The growth of the market across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa
- Segment-wise, country-wise, and region-wise market analysis
- Key drivers, restraints, opportunities, and key emerging trends impacting market growth
- Predictions on critical supply, demand, and technological trends and changes in consumer behavior
- Value chain analysis (list of manufacturers, distributors, end-users, average profitability margins, etc.)
- Competition mapping, market share analysis, key strategies adopted by top players, and competitive tactical intelligence
- Covid-19 impact on the market and how to navigate
- Strategic market analysis and recommendations on crucial winning strategies
About ChemView Consulting
ChemView Consulting is a leading information, market intelligence, and business consulting firm serving worldwide Chemical & Materials, Food & Beverage, Oil & Gas, Clean Energy, and Packaging clients. 70% of the largest Forbes 1000 enterprises are our clients. We serve global clients across leading & niche market segments across Chemicals & Materials, Food & Beverage, Oil & Gas, Clean Energy & Power, and Packaging. ChemView Consulting serves clients in approximately 100 countries, with its office in the U.S. and delivery centers in India.
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