Chemicals and Materials Eco -Friendly Plasticizers Market Demand Analysis

Eco-Friendly Plasticizers Market Growth Expected to Raise by
Innovative Trends Implemented by Manufacturers
A report titled “Global Eco- Friendly Plasticizers Market: Global
Demand Analysis & Opportunity Outlook 2027” by Research Nester
delivers detailed overview of the global eco-friendly plasticizers in terms of
market segmentation by raw materials, by application and by region.
The global eco- friendly plasticizers market is segmented by raw materials,
applications and region. Based on raw materials, the market is segmented
into Di- isononyl phthalate (DINP), Dipropyl heptyl phthalate (DPHP) and
Dioctyl terephthalate (DOTP). By application, the market is segmented into
plastics, adhesive, resin, medical devices and others. The global eco- friendly
plasticizers market is anticipated to record a CAGR of around 13.5% during
the forecast period i.e. 2019-2027. On the basis of applications, the plastics
segment is anticipated to have significant growth on account of its wide
usage. These eco- friendly plasticizers are biodegradable and possess all the
properties of a plasticizer. There has been a robust demand for plasticizers
as this reduces the risk of harmful chemicals. Eco-friendly plasticizers are
utilized in the construction sector to improve the fluidity and plasticity of
concrete. Moreover, these plasticizers are utilized to reduce water content
from slump.
North America is expected to grow at a significant rate owing to growing
usage of eco-friendly plasticizers attributing to its wide applications such as
plastics, adhesives, resins etc. Asia Pacific is expected to hold a major market
share and grow substantially on the back of established end-use industries
and rising demand in the construction sector.