Non-Phthalate Plasticizers Market (Updated Version Available)

Plasticizers are the chemicals added to polymers to soften the hard and brittle plastic to flexible and soft material thereby improving the toughness of the material. PVC accounts for more than 80% of the overall plasticizers consumption. Traditionally, the phthalate plasticizers were the most commonly used plasticizers across a number of applications but owing to the human health risks and environmental concerns regarding the toxic substances present in such plasticizers, the use of non-phthalate plasticizers is projected to grow significantly. The non-phthalate plasticizers are mainly used for sensitive applications such as food contact, medial and toys primarily and things that involve close human contact majorly toys and childcare applications. Non-phthalate plasticizers are effective alternative to the traditional/conventional plasticizers which are toxic in nature and are harmful for direct human contact.
The global non phthalate plasticizers is dominated by Asia Pacific region. The region has seen an increase in demand for non-phthalate plasticizer owing to the rapid growth of construction industry in the region. Moreover, other end use industries are also anticipated to have positive impact on the Asia Pacific non phthalate plasticizer market. North America and Europe are also anticipated to show significant demand for non-phthalate plasticizer owing to the stringent regulations prohibiting the use of traditional phthalate plasticizers. Regions such as Latin America and Middle East and Africa have shown a moderate demand for non-phthalate plasticizers as compared to other regions. Japan is also projected to remain a lucrative region for the growth of non-phthalate plasticizers.
The Global Non-Phthalate Plasticizers Market had reached xxx million USD with a CAGR xx from 2015-2019. Later on, it will go to xxx million USD in 2020 with a CAGR xx % from 2020 - 2026.

In the global Non-Phthalate Plasticizers Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-
BASF
Lanxess
Eastman Chemical
Exxon Mobil
LG
Oxea
UPC Group
Teknor Apex
Extruflex
Hanwha Chemical

In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :
Adipates
Terephthalates
Trimellitates
Epoxies
Benzoates
Aliphatics
Others

In Market segmentation by applications :
Automotive
Wire Cables
Adhesives and Sealants
Food Industry
Toys and Sports Goods
Medical Devices
Others

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Non-Phthalate Plasticizers Market for the forecast period 2020 - 2026?
• What are the driving forces in the Non-Phthalate Plasticizers Market for the forecast period 2020 - 2026?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Non-Phthalate Plasticizers industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?