232 Users Online
Non-PVC Plasticizers Market Segmented By Plasticizers, Non-phthalate Plasticizers, Bio Plasticizers
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.
FREE Report Sample is Available
In-depth report coverage is now just a few seconds away
Get FREE Report Sample
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.
Make This Report Your Own
Take Advantage of Intelligence Tailored to your Business Objective
Get a Customized VersionIncreasing 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.
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,
Sales Team
Client Partner
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.
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.
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_bk_01_01_2020, 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.
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.
