Non-phthalate Plasticizers Market Size, Share & Trends Analysis Report By Type (Adipates, Trimellitates, Benzoates, Epoxies), By Application (Flooring & Wall Coverings, Wires & Cables, Films & Sheets, Coated Fabrics, Consumer Goods), By Region, And Segment Forecasts, 2024 - 2030
Non-phthalate Plasticizers Market Trends
The global non-phthalate plasticizers market size was estimated at USD 3.31 billion in 2023 and expected to grow at a CAGR of 4.25% from 2024 to 2030. Health and environmental concerns associated with traditional phthalates have led industries to seek out non-phthalate options. This trend is particularly evident in sectors such as packaging, medical devices, and automotive, where the use of non-toxic materials is becoming increasingly critical. The market is also witnessing a rise in applications across various industries, reflecting a broader shift towards sustainability and safety.
Another notable trend in the non-phthalate plasticizers market is the increasing focus on bio-based plasticizers. As sustainability becomes a paramount concern across industries, manufacturers are exploring renewable sources for plasticizer production. Bio-based plasticizers, derived from natural materials such as vegetable oils and other biomass, offer an eco-friendly alternative to conventional options. This trend is gaining momentum as companies strive to reduce their carbon footprint and meet consumer demands for greener products. The development and commercialization of bio-based non-phthalate plasticizers not only aligns with global sustainability goals but also opens new avenues for innovation and market expansion.
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented non-phthalate plasticizers market report based on type, application, and region:
Type Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
Adipates
Trimellitates
Benzoates
Epoxies
Others
Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
Flooring & wall coverings
Wires & cables
Films & sheets
Coated fabrics
Consumer goods
Others
Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
Italy
Spain
France
Asia Pacific
China
India
Japan
South Korea
Australia
Central & South America
Brazil
Argentina
Middle East & Africa
Saudi Arabia
South Africa
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