The market is expected to generate an incremental $ opportunity of US$ 564.2 Mn between 2022 and 2032
Category: Chemicals & Materials Published Date : October 2022 ID: CVC-00253 Format: PDF Pages: 270
Global Non-PVC Plasticizers Market Size Analysis
According to a research survey conducted by ChemView Consulting, in 2022, the Global Non-PVC Plasticizers Market was worth US$ 897.2 Mn and is expected to grow at a CAGR of 5.0% over the forecast period. While the historical CAGR is 4.3%, the market is expected to hit US$ 1,461.4 Mn by 2032 end.
Non-PVC plasticizers are additives added to materials (often plastics or elastomers) to improve their workability, flexibility, or dispensability. Non-PVC plasticizers are typically tasteless and colorless. Non-PVC plasticizers are used in the commercial sector to lower the elastic modulus of the finished product, lower the temperature of a second-order transition, and reduce melt viscosity.
PERSISTENT USE OF ADDITIVES FAVORS SALES OF NON-PVC PLASTICIZERS
Due to their extensive function in producing necessary alterations, plastic additives have greatly increased popularity in the plastic production industry. Not only are additives used to change the appearance of plastics, but they are also employed to increase the strength of plastics.
In addition to making plastics stronger, additives are also in high demand for their ability to reduce the weight of completed plastic goods. They are increasingly being employed in automobile plastics. These factors are projected to fuel market growth for non-PVC plasticizers in the upcoming years.
Additives are sought after for the environmental advantages they provide and the potential for significant cost reductions on numerous fronts. This will likely generate favorable conditions for expanding the non-PVC plasticizers market.
Market Segments Covered in Report
By Product Type:
By Region and Country:
Which is the leading product segment of Non-PVC Plasticizers?
Phthalates are the leading product type of Non-PVC Plasticizers. A class of compounds known as phthalates is used to increase the durability of plastics. They are frequently known as plasticizers. Some phthalates are used to aid in the dissolution of other substances. Numerous products, including vinyl flooring, lubricating lubricants, and personal care items, contain phthalates (soaps, shampoos, hair sprays).
The regions analyzed for the market include North America, Europe, Latin America, Asia Pacific, the Middle East, and Africa.
Major market participants for Non-PVC Plasticizers are concentrating on strategic advancements, including product development, alliances, and expansions. Non-PVC Plasticizer manufacturers mostly focus on high development areas and offer cutting-edge goods for end-use applications to acquire greater market appeal.
The key developments in the Global Non-PVC Plasticizers Market are:
A list of some of the key suppliers present in the market are:
Global Non-PVC Plasticizers Market 2022-2032: Report Coverage and Highlights
|Historical data available for||2017-2021|
|Market analysis||USD Million for Value and Tons for Volume, and CAGR from 2022 to 2030|
|Key regions covered||North America, Latin America, Europe, Asia-Pacific, Middle East, and Africa|
|Key countries covered||US, Canada, Brazil, Mexico, Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Saudi Arabia, Turkey, UAE, South Africa, Nigeria, Egypt|
|Key segments covered||By Application, Product Type, and Region|
|Customization scope||Available upon Request|
|Pricing and purchase options||Available upon Request|