Non-Phthalate Plasticizers Market to Witness Major Growth by 2028 : BASF, Evonik Industries, DIC

Published September 27, 2023

Stay up to date with Non-Phthalate Plasticizers Market research offered by HTF MI. Check how key trends and emerging drivers are shaping this industry growth.

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Pune, Maharashtra -- (SBWIRE) -- 09/27/2023 -- HTF Market Intelligence published a new research document of 150+pages on "Non-Phthalate Plasticizers Market Insights, to 2028" with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Non-Phthalate Plasticizers market was mainly driven by the increasing R&D spending by leading and emerging player, however latest scenario and economic slowdown have changed complete market dynamics.

Some of the key players profiled in the study are BASF SE (Germany), Eastman Chemical Company (United States), Evonik Industries AG (Germany), ExxonMobil Corporation (United States), DIC Corporation (Japan), LG Chem Ltd. (South Korea), Perstorp Holding AB (Sweden), Lanxess AG (Germany), Arkema S.A. (France), PolyOne Corporation (United States), KLJ Group (India), Jiangsu Zhengdan Chemical Industry Co., Ltd. (China), Shandong Qilu Plasticizers Co., Ltd. (China), Danisco A/S (Denmark), Emery Oleochemicals LLC (United States).

According to HTF Market Intelligence, the Global Non-Phthalate Plasticizers market to witness a CAGR of 5.2% during forecast period of 2023-2028. Global Non-Phthalate Plasticizers Market Breakdown by Application (Packaging, Automotive Industry, Construction Materials, Others) by Type (Dibenzoates, Adipates, Trimellitates, Others) by End-User (Medical Industry, Toys and Children Products, Consumers Goods, Others) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The Non-Phthalate Plasticizers market size is estimated to increase by USD 2 Billion at a CAGR of 5.2% from 2023 to 2028. The report includes historic market data from 2017 to 2022E. Currently, market value is pegged at USD 3.2 Billion.

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The Non-Phthalate Plasticizers Market refers to the segment of the chemical industry involved in the production, distribution, and use of alternative plasticizers that are not based on phthalates. Plasticizers are additives added to plastics to increase their flexibility, durability, and workability. Phthalate plasticizers, which have been widely used for decades, have raised concerns over potential health and environmental risks, leading to the development and adoption of non-phthalate alternatives.

Market Trends:
- Higher cost compared to traditional alternatives.
- Technical limitations in performance equivalence.
- Lack of standardized testing methods and benchmarks.

Market Drivers:
- Health and environmental awareness fuels demand.
- Sustainable practices and regulations drive adoption.
- Research and innovation enhance non-phthalate solutions.

Market Restraints:
- Growth of bio-based plasticizers from renewables.
- Development of optimized plasticizer blends.
- Integration of digitalization in manufacturing processes.

The titled segments and sub-section of the market are illuminated below:
The Study Explore the Product Types of Non-Phthalate Plasticizers Market: Dibenzoates, Adipates, Trimellitates, Others

Key Applications/end-users of Non-Phthalate Plasticizers Market: Packaging, Automotive Industry, Construction Materials, Others

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With this report you will learn:
- Who the leading players are in Non-Phthalate Plasticizers Market?
- What you should look for in a Non-Phthalate Plasticizers
- What trends are driving the Market
- About the changing market behaviour over time with strategic view point to examine competition

Also included in the study are profiles of 15 Non-Phthalate Plasticizers vendors, pricing charts, financial outlook, swot analysis, products specification &comparisons matrix with recommended steps for evaluating and determining latest product/service offering.

List of players profiled in this report: BASF SE (Germany), Eastman Chemical Company (United States), Evonik Industries AG (Germany), ExxonMobil Corporation (United States), DIC Corporation (Japan), LG Chem Ltd. (South Korea), Perstorp Holding AB (Sweden), Lanxess AG (Germany), Arkema S.A. (France), PolyOne Corporation (United States), KLJ Group (India), Jiangsu Zhengdan Chemical Industry Co., Ltd. (China), Shandong Qilu Plasticizers Co., Ltd. (China), Danisco A/S (Denmark), Emery Oleochemicals LLC (United States)

Who should get most benefit from this report insights?
- Anyone who are directly or indirectly involved in value chain cycle of this industry and needs to be up to speed on the key players and major trends in the market for Non-Phthalate Plasticizers
- Marketers and agencies doing their due diligence in selecting a Non-Phthalate Plasticizers for large and enterprise level organizations
- Analysts and vendors looking for current intelligence about this dynamic marketplace.
- Competition who would like to benchmark and correlate themselves with market position and standings in current scenario.

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Quick Snapshot and Extracts from TOC of Latest Edition
Overview of Non-Phthalate Plasticizers Market
Non-Phthalate Plasticizers Size (Sales Volume) Comparison by Type (2023-2028)
Non-Phthalate Plasticizers Size (Consumption) and Market Share Comparison by Application (2023-2028)
Non-Phthalate Plasticizers Size (Value) Comparison by Region (2023-2028)
Non-Phthalate Plasticizers Sales, Revenue and Growth Rate (2023-2028)
Non-Phthalate Plasticizers Competitive Situation and Current Scenario Analysis
Strategic proposal for estimating sizing of core business segments
Players/Suppliers High Performance Pigments Manufacturing Base Distribution, Sales Area, Product Type
Analyse competitors, including all important parameters of Non-Phthalate Plasticizers
Non-Phthalate Plasticizers Manufacturing Cost Analysis
Latest innovative headway and supply chain pattern mapping of leading and merging industry players

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Thanks for reading this article, you can also make sectional purchase or opt-in for regional report by limiting the scope to only North America, ANZ, Europe or MENA Countries, Eastern Europe or European Union.

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