Global Market Study on Non-PVC Plasticizers: Exceptional Compatibility with Non-PVC Products Continues to Improve Penetration


Non Pvc Plasticizers  Market
  • Published On : Dec-2018 |
  • Pages : 211 Pages |
  • Format :

Persistence Market Research (PMR) provides an exclusive analysis of the global Non-PVC Plasticizers market in its revised report titled “Non-PVC Plasticizers: Global Industry Analysis, 2013–2017 and Forecast, 2018 – 2026”. The main aim of this report is to offer a thorough analysis of the Non-PVC Plasticizers market. This report offers a comprehensive analysis of the global Non-PVC Plasticizers market in terms of market volume (Tons) & value (US$ Mn) and year-wise (Y-o-Y) growth on the basis of product type, application and region. The report also highlights the dynamics prevalent in the Non-PVC Plasticizers market and provides significant information pertaining to the mentioned segments in the global Non-PVC Plasticizers market. To convey a better understanding and to support stakeholders in decision making and market analysis, the report includes the analysis of drivers, restraints and trends that influence the current market scenario and are expected to impact the global Non-PVC Plasticizers market during the forecast period. The study provides data for 2017 along with an inclusive market forecast for the period 2018–2026.

Market segmentation

By Product Type

By Application

By Region

  • Phthalates
    • LMW Phthalates
    • HMW Phthalates
  • Trimellitates
  • Tetrapthaletes
  • Aliphatic
  • Cyclohexanoate
  • Benzoates
  • Paints & Coating
  • Rubber Products
  • Adhesive & Sealant
  • Personal Care Product
  • Medical Products
    • Bags
    • Tubing
    • Gloves
  • Household Products
  • North America
  • Latin America
  • Europe
  • SEA & Pacific
  • China
  • Japan
  • Middle East & Africa

Report Description

To recognize and define market opportunities and trends, the global Non-PVC Plasticizers market report has been categorically split into different sections based on product type, application and region. The report starts with the market overview and delivers market definition and taxonomy along with value chain, drivers & pricing analysis pertaining to the market. Following this, the Non-PVC Plasticizers market background has been covered, which comprises the factors affecting the Non-PVC Plasticizers market, such as macro-economic factors. The macro-economic factors include global statistics of the medical industry overview, overview of paints and coatings industry and chemical sales overview. The market background also covers the market dynamics that affect the Non-PVC Plasticizers market. The dynamics covered in the report are drivers, restraints and trends. The market background also includes the value chain analysis wherein the flow of Non-PVC Plasticizers from raw material suppliers to manufacturers and end users through various distributors and retailers involved has been covered. The final part in the market background is the forecast factors, which include a study of the factors that are expected to have an impact on the global Non-PVC Plasticizers market, such as regulations on Non-PVC Plasticizers.

The sections that follows consist of the global Non-PVC Plasticizers market analysis – by product type, by application and by region/country. All the above sections analyze the market on the basis of various factors affecting the market. Each section discusses the qualitative and quantitative aspects of the global Non-PVC Plasticizers market. To give a brief idea about revenue opportunities from application, product type and region/country-wise segments, the report also provides market value (US$ Mn) data, growth rates, market shares and total incremental $ opportunity indices for each segment over the forecast period (2018–2026).

In the final section of the report, we have provided a detailed competition landscape with company market share and performance in order to provide report audiences with a dashboard view of key players operating in the global Non-PVC Plasticizers market along with their business strategies. This would enable clients to evaluate strategies deployed by market leaders and help them develop effective strategies consequently.

Research Methodology

For market data analysis, we have considered 2017 as the base year with market numbers estimated for 2018 and forecast made for 2018–2026. To determine the market, we have tracked down the production of key players, such BASF SE, Eastman Chemicals and Exxon Mobil. The PMR assessment is based on a multipronged approach that includes secondary and primary research and triangulation of data obtained therefrom. During the initial phase of research work, product mapping was done, in which the product type, followed by major players, with respect to application areas were identified. Further, during secondary research, data available in public domains, such as industry associations, company annual reports, white papers, publications, journals and government sites, among other sources, was collected and accordingly, a set of data points were built. For the same, a top-down approach was used to assess market numbers for each type and a top-down approach was used to counter validate the market estimation. For forecast assessment, forecast growth of end-use sectors, such as building & construction, automotive & packaging industries and other factors affecting the consumption of Non-PVC Plasticizers, were considered. The forecast presented in the report evaluates the actual market size (US$ Mn) in 2017 with regard to Non-PVC Plasticizers and the expected market value in the global Non-PVC Plasticizers market over the forecast period.

We have also analyzed the different segments of the global Non-PVC Plasticizers market in terms of Basis Point Share (BPS) to understand individual segments’ relative contribution to market growth. This detailed level of information is important for identifying various key trends governing the global Non-PVC Plasticizers market. The report also analyses the global Non-PVC Plasticizers market based on the incremental $ opportunity & global absolute $ opportunity. This is usually overlooked while estimating the market forecast; however, from a business development perspective, it is essential to identify the market attractiveness in terms of three indices, viz. market share index, CAGR index and incremental $ opportunity index, to identify the high potential resources in the Non-PVC Plasticizers market. Moreover, the market attractiveness index will help readers to understand the key segments in terms of their performance and growth in the global Non-PVC Plasticizers market. This market attractiveness index would also help clients identify real opportunities in the global Non-PVC Plasticizers market.

Non-PVC Plasticizers are additives incorporated in a material (usually a plastic or an elastomer) to increase its workability, flexibility or dispensability. Non-PVC Plasticizers are colorless and odorless in nature. In the commercial marketplace, Non-PVC Plasticizers are utilized to reduce melt viscosity, lower the temperature of a second-order transition and lower elastic modulus of the final product.

On the basis of properties, Non-PVC Plasticizers are classified into product types, such as phthalate plasticizers, trimellitates, terephthalate, aliphatic, cyclohexanoate and benzoates.

In general, 90% plasticizers are used for PVC and rest 10% plasticizers are used for non-PVC applications. Non-PVC Plasticizers find usage in numerous end-use applications, such as paints & coatings, rubber products, adhesives & sealants, personal care products, medical products and household products. 

The incremental $ opportunity created by the global Non-PVC Plasticizers market during the forecast period is nearly US$ 414.3 Mn. The Non-PVC Plasticizers market is expected to expand at a CAGR of 3.9% during the forecast period.

Migration Effect of Non-PVC Plasticizers

According to a recent research study by Teknor Apex (manufacturer of Non-PVC Plasticizers), PVC components have better flexibility and durability properties. However, they leave behind toxic gases during degradation and due to this, producers of PVC components are looking for alternatives (non-PVC).

Moreover, in PVC, certain plasticizers can lead to softening and cracking in medical products. Owing to this, medical device manufacturers are looking for better Non-PVC Plasticizers.

These above-said factor will positively affect the global Non-PVC Plasticizers market in future.

Europe and Asia Pacific Region to Dominate the Market Due to Growing Focus on Clinical Research in These Regions

Increasing need to advance pharmaceutical products to improve healthcare services has led to the development of new formulations. As a result, the clinical research market has been witnessing steady growth in North America, Europe and other regions. Germany, China and India, etc. are also anticipated to register significant growth rates in terms of clinical research in Non-PVC Plasticizers market. This will lead to increased production of advanced solutions in near future.

This trend is anticipated to create sustainable market opportunities for Non-PVC Plasticizers, primarily due to the dominant presence of healthcare institutes and clinical research labs in Europe and the Asia Pacific regions.

non-pvc-plasticizers-market.jpg

Product Development and Collaborations and Expansions Are the Key Strategies Being Adopted by Major Players

Major players in the Non-PVC Plasticizers market are focusing on strategic developments, such as product development, collaborations and expansions. Manufacturers of Non-PVC Plasticizers are mainly focusing on high development areas and providing innovative products for end-use applications to gain higher market attraction. For instance,

  • In 2017, BASF SE expanded its production footprint in Texas, North America. The company started its plasticizers (Palatinol® DOTP) production plant with a 60,000 MTPA production capacity. This expansion will fulfill the non-ortho-phthalate plasticizers demand in North America. BASF SE currently holds significant market share in the NA Non-PVC Plasticizers market
  • In 2016, Eastman Chemical Company launched its new non-phthalate plasticizers portfolio with products that offer high performance, better efficiency, improved dry time and lower viscosity as compared to ortho-phthalate plasticizers (Non-PVC Plasticizers)

Global Non-PVC Plasticizers Market Segmentation

The global Non-PVC Plasticizers market can be segmented on the basis of product type, application and region. On the basis of product type, the Non-PVC Plasticizers market can be segmented as phthalates, terephthalates, trimellitates, aliphatic, cyclohexanoate and benzoates. Furthermore, on the basis of applications, the global Non-PVC Plasticizers market can be segmented into paints & coating, adhesives & sealants, rubber products, medical products, household products and personal care products. Geographically, the global Non-PVC Plasticizers market is segmented into seven regions: South East Asia Pacific, China, Japan, Middle East & Africa, North America, Latin America, and Europe.

China to Remain a High Value – High Growth Region in the Global Non-PVC Plasticizers Market during the Forecast Period

In Non-PVC Application areas, plasticizers are majorly used for medical products, paints & coatings and personal care products. There has been tremendously high demand for medical products in China as growth in population has been necessitating the need for advancement of healthcare services. As a result, the country is and will continue to be a significant market for the manufacturers of Non-PVC Plasticizers in future.

A Brief Introduction to Research Methodology Used to Study Global Non-PVC Plasticizers Market

To figure out the global consumption of Non-PVC Plasticizers market, we considered the basic approach and formulation of hypothesis. The basic data was collected from various sources, such as annual reports, press releases, public data sources and from government as well as private sites.  Historical data, in term of plasticizers production and consumption from 2013 to 2017, was considered as base data for further estimation. Both supply and demand side drivers, trends and restraints were studied to create a forecast for the Non-PVC Plasticizers market for the coming years. 

Key Players in the Global Non-PVC Plasticizers Market

Some of the players of Non-PVC Plasticizers covered in this study on the global Non-PVC Plasticizers market are BASF SE, ExxonMobil Corporation, Eastman Chemical Company, LG Chem Ltd., Evonik Industries AG, Nan Ya Plastics Corporation, Ferro Corporation, Arkema Group, UPC Group, and Teknor Apex, Hanwha Chemical Co., Ltd. and others.

Company Profiles

  • 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.
  • Others.
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