Non-phthalate Plasticizers Market was calculated to be USD 5.1 billion in 2021 and is predicted to reach USD 7.9 billion in 2026, with a CAGR of 6.6%.
Non-phthalate Plasticizer are essentially plasticizers that are free of phthalates. A few examples of non-phthalates include DOTP (diethylehexyl terephthalate, aka DEHT), Hexamoll DINCH (diisononyl cyclohexane dicarboxylate), as well as bio-based plasticizers, such as a line of soy-based plasticizers ; these are the main factors that have considerably increased the demand for the Non-phthalate Plasticizer in the market, thereby driving the huge growth of the Non-phthalate Plasticizer market in the upcoming years
Market Drivers and Restrains:
The main factors that have considerably increased the demand for the Non-phthalate Plasticizer in the market is mainly due to the are those plasticizers which are free from phthalates. The non-phthalate plasticizers are used for softening of the PVC products and to increase the strength of products. Non-phthalate plasticizers are manufactured from petroleum or bio-based products which have very less effect on human body. Few instances of non-phthalates include DOTP (diethylehexyl terephthalate, aka DEHT), Hexamoll DINCH (diisononyl cyclohexane dicarboxylate), as well as bio-based plasticizers which are based on soya oil, vegetable oil.
The bio-based plasticizers have the properties such as non-toxicity during metabolism, good miscibility with polymers, high efficiency as normal plasticizers, and high resistance to leaching from polymer
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Report is segmented as:
Non-phthalate Plasticizer Market is segmented on the basis of by:
By Type (Adipates, Trimellitates, Epoxies, Benzoates),
By Application (Flooring & Wall Coverings, Wire & Cable, Film & Sheet, Consumer Goods, Coated Fabric)
Non-phthalate Plasticizer Market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa and rest of world. North America has the dominant share in the Non-phthalate Plasticizer is due to the increasing the demand for bio-degradable plasticizers in the market these are the main factors that have considerably increased the demand for the Non-phthalate Plasticizer in the North America , followed by Europe, Asia Pacific, Latin America and Middle East & Africa will register a slower increase in the Non-phthalate Plasticizer Market
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Impact of COVID-19 on Market
Covid -19 pandemic has affected almost every industry, and the long-term effects are projected to impact growth of Non-phthalate Plasticizer during the forecast period. Covid-19 pandemic has impacted huge on the sales revenue of Non-phthalate Plasticizer market, Due to the government restrictions like lockdown in many countries has stopped the production of products by the manufacturing companies. Companies have started opening their manufacturing units after taking all the necessary preventive measures. In recent days relaxation in restrictions by the government and people are getting vaccinated to stop the spread of corona virus.
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