Non-phthalate Plasticizer Market Size 2019 – Huge Growth Opportunities & Expansion till 2023

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Non-phthalate Plasticizer Market Research Report
Forecast to 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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Non-phthalate Plasticizer Market - 2023
Global Non-phthalate Plasticizer Market,
By Type (Adipates, Benzoates, Trimillitates),
Application (Flooring Wall Covering, Film
Sheets, Wire Cable, Toys Childcare Article),
End-use Industry (Building Construction,
Automotive, Food Beverages, Healthcare) and
Region - Forecast till 2023 The rising awareness
of environmental protection has propelled the
demand for sustainable additives by various
nations globally. Non-phthalate plasticizers are
chemicals derived from esters of benzoic or
adipic acid. They are used to accord properties
of plasticity, flexibility, and durability to
substrates while minimizing its ecological
impact. The global non-phthalate plasticizer
market size is anticipated to touch USD 3,412.2
million by 2023, as per an in-depth report by
Market Research Future (MRFR). It is predicted to
experience a 6.91 CAGR during the assessment
period (2018-2023) owing to pressing demand for
plasticizers amid stringent health regulations
and policies. The inclination of the automotive
industry to comply with said regulations and
replace conventional plasticizers can provide
growth opportunities to the market. The
automotive industry can benefit from
non-phthalate plasticizers by reducing vehicle
weight and reduced use of energy. Report
Overview This report covers current events and
trends in the market for non-phthalate
plasticizers to provide the most accurate
forecasts and predictions. By correlating the
historical data with key market dynamics, our
analysts are able to make highly accurate
projections. MRFRs report includes a thorough
analysis of the global non-phthalate plasticizer
market segmented on the basis of type,
application, end-user, and region with astute
insights. The report has been prepared to assist
industry players in making the right decisions
which can culminate in fruitful returns. Users
will also come across drivers, trends,
opportunities, and restraints which are likely to
influence the growth of the market during the
assessment period.
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Non-phthalate Plasticizer Market - 2023
Segment Overview By type, the non-phthalate
plasticizer market comprises adipates, benzoates,
trimellitates, epoxies, terephthalates, citrates,
and others. The adipates segment can touch a
valuation of USD 1,050.9 million by 2023, while
the trimellitates segment is likely to experience
robust growth during the forecast period.
Applications of plasticizers in flooring wall
coverings, film sheets, wire cable, toys
childcare article, coated fabrics, and others
have been discussed in detail in the
report. Building construction, automotive,
food beverage, healthcare, consumer goods,
sports leisure among others constitute as major
market end-users. The building construction
segment is touted to be the biggest end-user of
these additives owing to high demand for carpets,
flooring, and vinyl tiles. The segments and
sub-segments covered in the report are analyzed
under five major regions North America, Latin
America, Europe, Asia Pacific (APAC), and the
Middle East and Africa (MEA), with respective
country-level market sizing. The standard
definition of non-phthalate plasticizer is
included in the report for a comprehensive
understanding of the market. The report discusses
and interprets the current trends and future
opportunities of the market by delivering an
unbiased growth assessment. Players
Covered Grupa Azoty, NAN YA PLASTICS
CORPORATION, BASF SE, Valtris Specialty
Chemicals, LG Chem Ltd., Eastman Chemical
Company, DIC CORPORATION, Evonik Industries AG,
Velsicol Chemical LLC, LANXESS AG, and others are
reputed players currently operational in the
non-phthalate plasticizer market. Players are
investing in facilities to expand their supply
chain. Alliances and partnerships in tier-1 and
tier-2 cities to attain a larger share of the
market are some of the strategies employed by
these players. The report offers comprehensive
profiles on these market players and assesses
their current standing in the non-phthalate
plasticizer market. Company history coupled with
annual turnover, segmental share, SWOT analysis,
growth strategies, new product launches, mergers
and acquisitions (MA) activities, and latest RD
initiatives are outlined in the report.
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Non-phthalate Plasticizer Market - 2023
Research Methodology Market Research Future
(MRFR) employ a selective body of methods which
assist in a scientific and systematic approach to
research of the given field of study. Primary
methods such as interviews with decision makers
of leading competitors in the market have been
used along with secondary methods to provide a
comprehensive view of the market scenario.
Credible sources such as white papers, annual
reports, and SEC filings have been used as a part
of objective secondary research methods. Top-down
and bottom-up approaches have been applied to the
field of study to provide accurate estimation and
validation of the market. Inquisitive and
proficient data analysts exhaust every line of
research based on pertinent parameters to offer
intelligent inputs and a dependable understanding
of the market in its entirety. Analysis
Period Base Year - 2017 Projection Period - From
2018 to 2023 Market Denomination - USD
Million Volume Unit Thousand Tons Conversion
Rate - Considered as per the respective financial
years
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MARKET RESEARCH FUTURE At Market Research Future
(MRFR), we enable our customers to unravel the
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order to stay updated with technology and work
process of the industry, MRFR often plans
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members. For more information kindly visit
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info_at_marketresearchfuture.com Copyright 2018
Market Research Future All Rights Reserved. This
document contains highly confidential information
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Future. No part of it may be circulated, copied,
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