The global non PVC plasticizers market accounted for US$ XX Mn in 2018 and burgeoning over the forthcoming years. Factors influencing the market growth are increasing demand for high-performance adhesives & sealants, rising end-user inclination for cost-effective & reliable additives and rising usage of these plasticizers in various industries such as healthcare and pharmaceuticals. However, stringent regulations imposed on the usage of these plasticizers is deterring the growth of this market.

 

Global non PVC plasticizers market segmented on the basis of type, application and region.

 

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Benzoates Dominate the Global Non PVC Plasticizers Market

Based on type, global non PVC plasticizers market segmented into trimellitates, adipates, benzoates, epoxies and others. Benzoates segment held considerable market growth during estimated period. Benzoates were introduced as polyvinyl chloride (PVC) plasticizers. The largest application area for these plasticizers is in adhesives and sealants. Demand for benzoates in PVC applications is growing very rapidly. For instance, TCC’s ChemFlexx 108, benzyl benzoate, is the ester of benzyl alcohol and benzoic acid. This easily prepared compound has a variety of uses. It is a colorless liquid that is formally the condensation product of benzoic acid and benzyl alcohol. The non-toxic compound is primarily used as a plasticizer in the manufacture of polymeric materials for commercial applications such as PVC and other plastics. However, benzyl benzoate is also used as a fixative in fragrances, a food additive in artificial flavors, as a solvent, and for a variety of medical applications for the health care industries.

 

Asia Pacific Leads the Global Non PVC Plasticizers market

PBI’s global non PVC plasticizers market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. According to regional analysis. This region is one of the key markets for non PVC plasticizers. Huge demand particularly in pharmaceutical sector is favouring the market growth in this region. Tremendously high demand for medical products in China coupled with growth in population has been necessitating the need for advancement of healthcare services which inturn drives the market growth in this region.

 

Strategic Expansion are the Key Strategies Adopted by Market Players

Global non PVC plasticizers market further reveals that the key players increasingly adopting strategies such as launch of newer products, frequent product approvals, and long term alliance to improve market revenue share and gaining significant geographic presence across the region. For instance, 2017, BASF SE expanded its production footprint in Texas, North America. The company started its plasticizers (Palatinol® DOTP) production plant with a 60,000 MTPA production capacity. This expansion will fulfill the non-ortho-phthalate plasticizers demand in North America.

 

Key player’s profiles in the report are Vertellus Holdings LLC, Velsicol Chemical, LLC, Synegis Bvba, Polyone Corporation, Myriant Corporation, Lanxess AG, KLJ Group, KAO Corporation, Jiangsu Zhengdan Chemical Industry Co., Ltd and Emerald Performance Materials, LLC.

 

Precision Business Insights (PBI) in its report titled “Global Non PVC Plasticizers Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period over 2019-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period. Moreover, the report also includes the total revenue and volume for the market.

 

Detailed Segmentation

 

By Type                                             

• Trimellitates
• Adipates
• Benzoates
• Epoxies
• Others 

        

By Application                                               

• Wire & Cable
• Consumer Goods
• Film & Sheet
• Coated Fabric
• Flooring and Wall Coverings
• Others  

 

By Geography

• North America

• U.S
• Canada

• Europe

• Germany
• France
• U.K
• Italy
• Spain
• Russia
• Poland
• Rest of Europe

• Asia-Pacific

• Japan
• China
• India
• Australia & New Zealand
• ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
• South Korea
• Rest of Asia-Pacific

• Latin America

• Brazil
• Mexico
• Argentina
• Rest of Latin America

• Middle East and Africa (MEA)

• Gulf Cooperation Council (GCC) Countries
• Israel
• South Africa
• Rest of MEA

 

 

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