What is Non-Phthalate Plasticizers Market?
Non-phthalate plasticizers are free of phthalates. Non-phthalate includes DOTP (diethylehexyl terephthalate, aka DEHT), Hexamoll DINCH (diisononyl cyclohexane dicarboxylate), as well as bio-based plasticizers, including a line of soy-based plasticizers. It is used in food packaging, PVC flooring as well as toys, and childcare articles. It is used to increase product strength.
The market study is being classified by Type (Adipates, Trimellitates, Benzoates, Epoxies and Others), by Application (Food packaging, PVC flooring, Toys and childcare articles and Others) and major geographies with country level break-up.
BASF (Germany), Eastman Chemical Company (United States), ExxonMobil (United States), Evonik Industries (Germany), DIC Corporation (Japan), Perstorp (Sweden), Lanxess AG (Germany), KLJ Group (India), Polynt (Italy) and Mitsubishi Chemical Corporation (Japan) are some of the key players profiled in the study.
Global Non-Phthalate Plasticizers is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching New Products. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Analyst at AMA have segmented the market study of Global Non-Phthalate Plasticizers market by Type, Application and Region.
On the basis of geography, the market of Non-Phthalate Plasticizers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rising Demand for Non-Phthalate Plasticizers from Packaging Sector
- Growing Building and Construction Industries
- Consumer awareness about the use of Phthalate Plasticizers
- Volatile Raw Material Prices can hamper the Non-Phthalate Plasticizers Market
- The rising Adoption of biobased plasticizers will create Opportunities for Non-Phthalate Plasticizers Market Growth.
- Strict Regulation on the Manufacturing of Non-Phthalate Plasticizers
Market Leaders and some development strategies
On 31st January 2020, BASF has acquired Solvay’s polyamide business. This acquisition helps to accelerate the global presence of BASF and strengthen the business as well as improved supply reliability.
On 15th April 2021, BASF has launched biomass-balanced plasticizers. These plasticizers are based on renewable raw materials including Hexamoll® DINCH BMB, Palatinol® N BMB, Palatinol® 10-P BMB, and Plastomoll® DOA BMB.
Key Target AudienceNon-Phthalate Plasticizers Manufacturers, Non-Phthalate Plasticizers Suppliers and Distributors, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others
Frequently Asked Questions (FAQ):
1. Which factors would majorly drive the Non-Phthalate Plasticizers Market?
"Rising Demand for Non-Phthalate Plasticizers from Packaging Sector
" is seen as one of major growth factors of Non-Phthalate Plasticizers Market in years to come.
2. Can we have customized study for Non-Phthalate Plasticizers Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. Which region will lead the Global Non-Phthalate Plasticizers Market?
will lead Non-Phthalate Plasticizers Market in coming years.