What is Citrate Plasticizer Market Scope?
Citrate Plasticizer are chemicals or esters made of citric acid. They are of oily nature, colourless as well odourless. They are largely preferred because of their natural origins or high bio-based content. This is also the reason for its low toxicity compared to Phthalates Plasticizer. They even have been given some direct food additive clearance as well as indirect in form of food packaging. Citrate Plasticizer are widely popularised for their use in f-PVC toys, and pacifiers. And now their application in healthcare and pharmaceutical is also widely explored. Geographically, they are gaining prominence in Europe and North America, because of stringent regulations and policies against certain phthalates plasticizer.
Influencing Trend:
Citrate Plasticizer are widely being Used in Medical Devices and Pharmaceutical Coatings
Market Growth Drivers:
Environment Friendly Compared to Phthalates Plasticizer and Stringent Policies against Polymer Based Plasticizers
Challenges:
Increased Innovation Required to Widen the Scope of Applications, They have High Volatility and Induce More Fogging in Film Applications
Restraints:
Stringent Government Regulations, because of toxicants linked with plasticizers
Opportunities:
Sustainable and Eco-Friendly Nature can be marketed to Penetrate into Other Phthalates Plasticizer Markets
The Citrate Plasticizer market study is being classified by Type (Acetyl tributyl citrate (ATBC), Tributyl citrate (TBC) and Triethyl citrate (TEC)), by Application and major geographies with country level break-up.
The growing exploration and demand of Citrate Plasticizer propelled by both its bio based content and stringent regulations against phthalate plasticizers. With the rise of end user industry specifically food and beverage industry and Pharmaceutical industry, the citrate plasticizer manufacturers are expected to benefit out of it. Asia Pacific region is expected to be biggest market and manufacturer because of rising population and rapid industrialization fuelled by 2 major emerging countries China and India. Analysts at AMA predicts that Vendors from Global will contribute to the maximum growth of Global Citrate Plasticizer market throughout the predicted period.
SurfaTech (United States), Vertellus (United States), Jungbunzlauer (Switzerland), Mamta Polycoats (India), KLJ Group (India), ChemCeed (United States), Asahi Kasei (Japan), Kexing (China), Morimura (Japan), Bluesail (China), Nayakem Organics Pvt. Ltd. (India), Duoleng (China) and Jiangsu Lemon (China) are some of the key players profiled in the study.
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Citrate Plasticizer market by Type, Application and Region.
On the basis of geography, the market of Citrate Plasticizer has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In 2016, Vertellus introduced at K 2016 (hall 5, booth C08-2) new high- performance additive technologies that help meet increasing industry demand for improved material performance and sustainability. The introduction of a new family of masterbatches for use in plastics compounding as a special compatibilizer for polyamide (PA) combined with recycled polyethylene terephthalate (PET), as well as as a chain extender to produce branched high RV polyamides with lower material and processing costs, will be one of these.
Due to Low Toxicity, they have been Declared Safe for Food Packaging and Toys by FDA of United States
Key Target Audience
Citrate Plasticizer Manufacturers, Suppliers and Distributors, Raw Material Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Use Industries and Others
Citrate Plasticizer Market Study: Important Years
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Citrate Plasticizer Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Citrate Plasticizer industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.