Potential: The Insider's Guide to Non-phthalate Plasticizer Market
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latest report by Research Dive on the global
non-phthalate plasticizers market claims that the
market is expected to garner $4300 million by 2027, growing at a CAGR of 4.40% from
2020 to 2027.
The report elucidates
the present scenario and future scope of the market. The research report is an
ideal source of statistics and analysis for businesses and individuals in
search of complete insights regarding the non-phthalate plasticizers industry.
The report also provides major market segments, drivers, limitations, and
investment opportunities during the course of the forecast period.
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Factors Impacting
the Market Growth:
According to the
report, rising government rules for restricting the use
of standard toxic plasticizers has triggered the demand for non-phthalate plasticizers, thus boosting
the growth of the global non-phthalate plasticizers market. In addition, growing
focus of manufacturers on producing non-phthalate plasticizers, with higher
wear resistance and high-pressure tolerance, is expected to reveal lucrative
opportunities for the market growth. However, high prices of non-phthalate
plasticizers are expected to curtail the global market growth.
The
report segments the non-phthalate plasticizers market into types, applications,
end users, and region.
Based
on types, the report bifurcates the market into following sub-segments:
·
Aliphatics
·
Adipates
·
Terephthalates
·
Trimellitates
·
Epoxies
·
Benzoates
Among these, the adipates
plasticizer segment is expected to observe fastest growth throughout the projected
period; mostly because these type of non-phthalate plasticizers are strong and
provide required electrical properties at low temperatures.
Based
on applications, the report categorizes the market into the following
sub-segments:
·
Wire
& Cable
·
Automotive
·
Consumer
Goods
·
Adhesives
& Sealants
·
Flooring
& Wall Coverings
·
Film
& Sheet
Among these, the
flooring & wall covering plasticizers segment is projected to observe significant
throughout the projected period; mostly because these type of non-phthalate
plasticizers are greatly compressible and provides low density in polyvinyl
chloride when used as a covering for flooring and/or wall.
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Sample Report of the Global
Non-Phthalate Plasticizers Market @ https://www.researchdive.com/request-toc-and-sample/275
Regional Analysis:
The report
provides the condition of the global non-phthalate plasticizers market over
numerous regions including the following:
·
Asia
Pacific
·
Europe
·
LAMEA
·
North
America
Among these, the European
region is projected to hold a maximum market share of the non-phthalate
plasticizers market in the forecast period. This is mostly owing to the growing
need for polyvinyl chloride products in several residential, manufacturing, and
industrial sectors in the region.
Market Players and
Business Strategies:
The report
mentions some of the leading players in the global non-phthalate plasticizers
market including the following:
·
Velsicol Chemical Co.
·
Kao Co.
·
Vertellus Holdings LLC
·
Emerald Performance
Materials LLC
·
Jiangsu Zhengdan Chemical
Industry Co Ltd.
·
The HallStar Co.
·
PTT Chemical
International Pvt. Ltd.
·
KLJ Group
·
PolyOne Co.
·
Lanxess AG
The report provides some of the top business strategies of the
players such as mergers and acquisitions, geographical expansions, innovative advances,
new product launches, along with Porter Five analysis
and SWOT analysis.
About Us:
Research Dive is a market research firm based in
Pune, India. Maintaining the integrity and authenticity of the services, the
firm provides the services that are solely based on its exclusive data model,
compelled by the 360-degree research methodology, which guarantees
comprehensive and accurate analysis. With unprecedented access to several paid
data resources, team of expert researchers, and strict work ethic, the firm
offers insights that are extremely precise and reliable. Scrutinizing relevant
news releases, government publications, decades of trade data, and technical
& white papers, Research dive deliver the required services to its clients
well within the required timeframe. Its expertise is focused on examining niche
markets, targeting its major driving factors, and spotting threatening
hindrances. Complementarily, it also has a seamless collaboration with the
major industry aficionado that further offers its research an edge.
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Research Dive
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