Eco Friendly Plasticizers Market: Latest Research Report to Share Market Insights and Dynamics of Profiled Key Players
Seattle, WA -- (SBWIRE) -- 10/25/2019 -- Eco Friendly Plasticizers are additives in polymers that increase the plasticity of a material. These are the substances which are added to alter or enhance their physical properties. The global Eco Friendly Plasticizers market is observing drastic growth owing to increasing demand of Eco Friendly Plasticizers so as to make environment and human health safe. Advance plastic industry in the past few years are growing technologically and also exploring about eco-friendly plasticizers which is subjected to drive Eco Friendly Plasticizers' market besides the range of properties of Eco Friendly Plasticizers serve by replacing the traditional ones such as improving mechanical property, flexibility, thermal resistance, waterproof ability, electrical resistivity, low volatility and more.
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Environment Friendly Factor
Rapid research and development with thriving industrial sector is expected to boost the eco-friendly plasticizers market in the developing regions. Most importantly, being eco-friendly it is biodegradable and will not harm the environment from its processing till production of the final product.
Eco friendly plasticizer has various applications in adhesives, resins, polymers etc. which is expected to drive the growth of the global eco- friendly plasticizers market during the forecast period. The numerous benefits of Eco Friendly Plasticizers that are inducing the replacement of traditional plasticizers across various end users include improved mechanical property, flexibility, thermal resistance, waterproof ability, electrical resistivity and low volatility.
On the basis of product
Di-isononyl Phthalate (DINP)
Dipropyl Heptyl Phthalate (DPHP)
Dioctyl Terephthalate (DOTP)
On the basis of the end users/applications
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.
BASF, Eastman Chemical, ExxonMobil, Ferro, Formosa Plastics Group, Teknor Apex, Shandong Hongxin
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