Non-Phthalate Plasticizer Market: Trends, Opportunities and Competitive Analysis

Non-Phthalate Plasticizer Market Trends and Forecast

The future of the global non-phthalate plasticizer market looks promising with opportunities in flooring & wall covering, wire & cable, films & sheet, coated fabric, and consumer good applications. The global non-phthalate plasticizer market is expected to reach an estimated $6.7 billion by 2028 with a CAGR of 6% from 2023 to 2028. The major drivers for this market are stringent government regulations to ban phthalate plasticizer and development of non-phthalate plasticizer with better properties and toxicology profile.

A more than 150-page report is developed to help in your business decisions. A sample figure with some insights is shown below.

Non-Phthalate Plasticizer Market by Segment

The study includes trends and forecast for the global non-phthalate plasticizer market by non-phthalate plasticizer market by product type, application, and region, as follows:

Non-Phthalate Plasticizer Market by Product Type [Value ($B) Shipment Analysis from 2017 to 2028]:

• Adipates
• Trimellitates
• Benzoates
• Epoxies
• Others

Non-Phthalate Plasticizer Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:

• Flooring & wall coverings
• Wires & cables
• Films & sheets
• Coated fabrics
• Consumer goods
• Others

Non-Phthalate Plasticizer Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Non-Phthalate Plasticizer Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, non-phthalate plasticizer companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the non-phthalate plasticizer companies profiled in this report include-

• BASF
• Eastman Chemical Company
• ExxonMobil
• Evonik Industries
• DIC Corporation

Non-Phthalate Plasticizer Market Insights

• Lucintel forecasts that adipates will remain the largest product type segment over the forecast period due to their versatile nature; they can be used in a wide range of applications, such as PVC films, cables, flooring, and other flexible PVC products.
• Flooring & wall coverings are expected to remain the largest application segment due to their widespread usage in the construction industry, as they enhance the flexibility, durability, and longevity of flooring and wall cover materials.
• APAC will remain the highest growth region due to rising population, rapid industrialization, and increasing demand for PVC in flooring & wall covering application in the region.

Features of the Non-Phthalate Plasticizer Market

• Market Size Estimates: Non-phthalate plasticizer market size estimation in terms of value ($B)
• Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
• Segmentation Analysis: Non-phthalate plasticizer market size by various segments, such as by product type, application, and region
• Regional Analysis: Non-phthalate plasticizer market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
• Growth Opportunities: Analysis on growth opportunities in different product types, applications, and regions for the non-phthalate plasticizer market.
• Strategic Analysis: This includes M&A, new product development, and competitive landscape for the non-phthalate plasticizer market.
• Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the non-phthalate plasticizer market size?

Answer: The global non-phthalate plasticizer market is expected to reach an estimated $6.7 billion by 2028.

Q2. What is the growth forecast for non-phthalate plasticizer market?

Answer: The global non-phthalate plasticizer market is expected to grow with a CAGR of 6% from 2023 to 2028.

Q3. What are the major drivers influencing the growth of the non-phthalate plasticizer market?

Answer: The major drivers for this market are stringent government regulations to ban phthalate plasticizer and development of non-phthalate plasticizer with better properties and toxicology profile.

Q4. What are the major segments for non-phthalate plasticizer market?

Answer:The future of the non-phthalate plasticizer market looks promising with opportunities in flooring & wall covering, wire & cable, films & sheet, coated fabric, and consumer good applications.

Q5. Who are the key non-phthalate plasticizer companies?

Answer: Some of the key non-phthalate plasticizer companies are as follows:

• BASF
• Eastman Chemical Company
• ExxonMobil
• Evonik Industries
• DIC Corporation

Q6. Which non-phthalate plasticizer segment will be the largest in future?

Answer:Lucintel forecasts that adipates will remain the largest product type segment over the forecast period due to their versatile nature; they can be used in a wide range of applications, such as PVC films, cables, flooring, and other flexible PVC products.

Q7. In non-phthalate plasticizer market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the highest growth region due to rising population, rapid industrialization, and increasing demand for PVC in flooring & wall covering application in the region.

Q8. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions

• Q.1. What are some of the most promising, high-growth opportunities for the non-phthalate plasticizer market by product type (adipates, trimellitates, benzoates, epoxies, and others), application (flooring & wall coverings, wires & cables, films & sheets, coated fabrics, consumer goods, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last five years and what has its impact been on the industry?