Middle East and Africa Non-Phthalate Plasticizers Market, By Type (Monomeric Plasticizers, Polymeric Plasticizers), PVC Compatibility (Primary (High Solvation) and Secondary (Low Solvation)), Application (Flooring and Wall Coverings, Wire & Cable, Films & Sheets, Coated Fabrics, Adhesive And Sealants and Others), End-User (Building & Construction, Automotive, Consumer Goods, Sports & Leisure, Healthcare, Electrical and Electronics, Food & Beverages and Others), Country (South Africa, Egypt, Saudi Arabia, U.A.E., Israel and Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights: Middle East and Africa Non-Phthalate Plasticizers Market
The non-phthalate plasticizers market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing at a CAGR of 3.6% in the forecast period of 2021 to 2028 and is expected to reach USD 262.72 million by 2028. Increase in demand for PVC products across various applications is driving the non-phthalate plasticizers market
Non-phthalate plasticizers 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.
Growth in the construction and buildings sector across the globe will act as a driver for the non-phthalate plasticizers market in the forecast period. High cost of non-phthalate plasticizers is restraining the non-phthalate plasticizers market. Rising emphasis on the ban of phthalate plasticizers is giving new avenues for the non-phthalate plasticizers market to grow in future. Poor performance and compatibility issues with non-phthalate plasticizers are challenging the non-phthalate plasticizers market growth.
This non-phthalate plasticizers market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the non-phthalate plasticizers market scenario contact Data Bridge Market Research for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Non-Phthalate Plasticizers Market Scope and Market Size
The non-phthalate plasticizers market is segmented on the basis of the type, PVC compatibility, application and end-user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the non-phthalate plasticizers market is segmented into monomeric plasticizers and polymeric plasticizers. In the 2021, the demand for monomeric plasticizers type is increasing as the demand for high quality rubber and plastic products is increasing in the market.
- On the basis of PVC compatibility, the non-phthalate plasticizers market is segmented into primary (high solvation) and secondary (low solvation). In 2021, primary (high solvation) segment is dominating as demand for the primary (high solvation) pipes is increasing in several industries which makes primary (high solvation) to dominate in region.
- On the basis of application, the non-phthalate plasticizers market is segmented into flooring and wall coverings, wire & cable, films & sheets, coated fabrics, adhesive and sealants and others. In 2021, the flooring and wall coverings segment is dominating as high quality flooring products are being in more demand for industrial application.
- On the basis of end-user, the non-phthalate plasticizers market is segmented into building & construction, automotive, consumer goods, sports & leisure, healthcare, electrical and electronics, food & beverages and others. In 2021, building & construction segment is dominating due to the construction of large industries in the region.
Middle East and Africa Non-Phthalate Plasticizers Market Country Level Analysis
Middle East and Africa non-phthalate plasticizers market is analysed and market size information is provided by the country, type, PVC compatibility, application and end-user as referenced above.
The countries covered in the Middle East and Africa non-phthalate plasticizers market report are the South Africa, Egypt, Saudi Arabia, U.A.E., Israel and Rest of Middle East and Africa.
South Africa is dominating in the Middle East and Africa non-phthalate plasticizers market due to the large population which creates a large customer base in the region for the non-phthalate plasticizers market.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Growth in the Non-Phthalate Plasticizers Industry
The non-phthalate plasticizers market also provides you with detailed market analysis for every country growth in installed base of different kind of products for non-phthalate plasticizers market, impact of technology using life line curves and changes in infant formula regulatory scenarios and their impact on the non-phthalate plasticizers market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Non-Phthalate Plasticizers Market Share Analysis
The non-phthalate plasticizers market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Middle East and Africa presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to Middle East and Africa non-phthalate plasticizers market.
The major players covered in the Middle East and Africa non-phthalate plasticizers market report are BASF SE, Avient Corporation, LANXESS, NAN YA PLASTICS CORPORATION, Evonik Industries AG, Eastman Chemical Company, DIC CORPORATION, Kao Corporation, Perstorp, Valtris Specialty Chemicals, Ferro Corporation among other domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Many product developments are also initiated by the companies worldwide which are also accelerating the growth of the non-phthalate plasticizers market.
For instance,
- In April 2021, BASF SE has launched the new biomass balanced (BMB) plasticizers based on renewable raw materials under Hexamoll DINCH BMB, Palatinol N BMB, Palatinol 10-P BMB, among others. This launch would assist the consumption of the products with unique properties, which will generate more revenue in the future.
Exhibition, partnership, joint ventures and other strategies by the market players is enhancing the company market in the non-phthalate plasticizers market which also provides the benefit for organisation to improve their offering for non-phthalate plasticizers.
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