Market Overview:
The global trimellitate plasticizers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for trimellitate plasticizers from various end-use industries, such as automotive, building and construction, consumer products, and others. Trimellitates are used as plasticizers in various applications owing to their excellent properties such as low volatility, good compatibility with polymers, high thermal stability, and low toxicity. These factors are driving the demand for trimellitates in various end-use industries across the globe. Based on type, trioctyl trimellitate (TOTM) is expected to account for a major share of the global trimellitate plasticizers market during the forecast period from 2018 to 2030. TOTM is one of the most commonly used types of trimellitates and offers excellent properties such as low volatility and good compatibility with polymers. It is also thermally stable and has low toxicity levels which makes it suitable for use in a wide range of applications across different industries.
Product Definition:
Trimellitate plasticizers are a type of phthalate plasticizer. They are used to make PVC more flexible and resilient.
Trioctyl Trimellitate:
Trioctyl trimellitate, also known as octyl-3-methylimidazolium bromide or 3-OMI is a salt formed by the reaction of hexadecyltrimethyl ammonium and sebacic acid.
Trihexyl Trimellitate:
Trihexyl trimellitate, also known as 3-ethyl-1,3-butanediol diisocyanate or EBD is a colorless liquid with an odor similar to that of acetone. Trihexyl trimellitate is soluble in water and ethanol and slightly soluble in diethylene glycol.
Application Insights:
The global market is segmented by application into automotive, building and construction, consumer products, and other applications. The other applications include pharmaceuticals, paints and coatings, adhesives and sealants. In 2017 the automobile sector dominated the overall industry with a revenue share of over 40%. This high share can be attributed to increasing demand for lightweight materials that are also capable of withstanding extreme temperatures without undergoing any change in color or texture.
Trimellitate plasticizers have excellent heat resistance which makes them suitable for use in various automotive components including engine covers & housings; transmission cases; instrument panels; seat pan frames & back supports; steering wheels; door inner panels & handles (for vehicles having exterior handle); air intake manifolds (for vehicles having external air filters) among others.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a major share of global population and has one of the largest automotive markets globally. It is also an emerging manufacturing hub, which will drive demand from construction, consumer products, and automotive applications.
The industry in China witnessed significant growth owing to increasing product demand from various end-use industries such as building & construction, automotive, packaging etc., coupled with government support for industrial development through tax benefits & low-interest rates on foreign investment along with other incentives. In addition, rapid urbanization coupled with growing infrastructure activities are likely to augment product consumption over the coming years.
Europe accounted for a significant share of global consumption due to high application scope involving different types of plasticizers used across several sectors such as electrical & electronics; transportation equipment; medical devices; agrochemicals among others to improve mechanical properties including tensile strength.
Growth Factors:
- Growing demand from end-use industries such as construction, automotive and packaging is expected to drive the growth of trimellitate plasticizers market over the forecast period.
- Rising awareness about benefits of using trimellitate plasticizers in various applications is projected to fuel the market growth.
- Increasing investment by key players in research and development activities for product innovation is likely to propel the market growth during the forecast period.
- Stringent regulations regarding VOC emissions from various end-use industries are anticipated to create opportunities for trimellitate plasticizers market over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Trimellitate Plasticizers Market Research Report
By Type
Trioctyl Trimellitate, Trihexyl Trimellitate, Triisononyl Trimelliate, Triisodecyl Trimellitate, Others
By Application
Automotive, Building and Construction, Consumer Products, Others
By Companies
ExxonMobil Chemical, BASF, Polynt, Eastman, Adeka, Mitsubishi Chemical Corporation, KLJ Group, NAN YA PLASTICS CORPORATION, Bluesail, LG Chem, Vertellus, DIC Corporation, Valtris Specialty Chemicals, OQ Chemicals, Elekeiroz, Kurogane Kasei
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
195
Number of Tables & Figures
137
Customization Available
Yes, the report can be customized as per your need.
Global Trimellitate Plasticizers Market Report Segments:
The global Trimellitate Plasticizers market is segmented on the basis of:
Types
Trioctyl Trimellitate, Trihexyl Trimellitate, Triisononyl Trimelliate, Triisodecyl Trimellitate, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Building and Construction, Consumer Products, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ExxonMobil Chemical
- BASF
- Polynt
- Eastman
- Adeka
- Mitsubishi Chemical Corporation
- KLJ Group
- NAN YA PLASTICS CORPORATION
- Bluesail
- LG Chem
- Vertellus
- DIC Corporation
- Valtris Specialty Chemicals
- OQ Chemicals
- Elekeiroz
- Kurogane Kasei
Highlights of The Trimellitate Plasticizers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Trioctyl Trimellitate
- Trihexyl Trimellitate
- Triisononyl Trimelliate
- Triisodecyl Trimellitate
- Others
- By Application:
- Automotive
- Building and Construction
- Consumer Products
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Trimellitate Plasticizers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Trimellitate plasticizers are a type of synthetic polymer that is used to make plastics more flexible and durable.
Some of the major players in the trimellitate plasticizers market are ExxonMobil Chemical, BASF, Polynt, Eastman, Adeka, Mitsubishi Chemical Corporation, KLJ Group, NAN YA PLASTICS CORPORATION, Bluesail, LG Chem, Vertellus, DIC Corporation, Valtris Specialty Chemicals, OQ Chemicals, Elekeiroz, Kurogane Kasei.
The trimellitate plasticizers market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Trimellitate Plasticizers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Trimellitate Plasticizers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Trimellitate Plasticizers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Trimellitate Plasticizers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Trimellitate Plasticizers Market Size & Forecast, 2020-2028
4.5.1 Trimellitate Plasticizers Market Size and Y-o-Y Growth
4.5.2 Trimellitate Plasticizers Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Trioctyl Trimellitate
5.2.2 Trihexyl Trimellitate
5.2.3 Triisononyl Trimelliate
5.2.4 Triisodecyl Trimellitate
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Building and Construction
6.2.3 Consumer Products
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Trimellitate Plasticizers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Trimellitate Plasticizers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Trioctyl Trimellitate
9.6.2 Trihexyl Trimellitate
9.6.3 Triisononyl Trimelliate
9.6.4 Triisodecyl Trimellitate
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Building and Construction
9.10.3 Consumer Products
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Trioctyl Trimellitate
10.6.2 Trihexyl Trimellitate
10.6.3 Triisononyl Trimelliate
10.6.4 Triisodecyl Trimellitate
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Building and Construction
10.10.3 Consumer Products
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Trioctyl Trimellitate
11.6.2 Trihexyl Trimellitate
11.6.3 Triisononyl Trimelliate
11.6.4 Triisodecyl Trimellitate
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Building and Construction
11.10.3 Consumer Products
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Trioctyl Trimellitate
12.6.2 Trihexyl Trimellitate
12.6.3 Triisononyl Trimelliate
12.6.4 Triisodecyl Trimellitate
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Building and Construction
12.10.3 Consumer Products
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Trioctyl Trimellitate
13.6.2 Trihexyl Trimellitate
13.6.3 Triisononyl Trimelliate
13.6.4 Triisodecyl Trimellitate
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Building and Construction
13.10.3 Consumer Products
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Trimellitate Plasticizers Market: Competitive Dashboard
14.2 Global Trimellitate Plasticizers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ExxonMobil Chemical
14.3.2 BASF
14.3.3 Polynt
14.3.4 Eastman
14.3.5 Adeka
14.3.6 Mitsubishi Chemical Corporation
14.3.7 KLJ Group
14.3.8 NAN YA PLASTICS CORPORATION
14.3.9 Bluesail
14.3.10 LG Chem
14.3.11 Vertellus
14.3.12 DIC Corporation
14.3.13 Valtris Specialty Chemicals
14.3.14 OQ Chemicals
14.3.15 Elekeiroz
14.3.16 Kurogane Kasei
