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Market Overview of Global Acetyl Tributyl Citrate (ATBC) market:
According to our latest research, the global Acetyl Tributyl Citrate (ATBC) market looks promising in the next 5 years. As of 2022, the global Acetyl Tributyl Citrate (ATBC) market was estimated at USD 586.61 million, and it's anticipated to reach USD 762.6 million in 2028, with a CAGR of 4.47% during the forecast years.
Acetyl tributyl citrate is an organic substance with a chemical formula of C20H34O8. It is a colorless, odorless, oily liquid, soluble in most organic solvents, but insoluble in water. ATBC is a non-toxic plasticizer with excellent performance, widely used in medicine, medical equipment and video packaging industries, such as non-toxic PVC pellets, food packaging containers, children's toys, medical products, films, plates, fibers Plain paint and other products.
Acetyl Tributyl Citrate (ATBC) Growth Drivers
In Europe, in recent years the infant toys using benzene two formic acid ester plasticizer health risk agent brings fear was enhanced (animal test has shown that, DOP, DINP cause testicular damage and a series of liver and renal adverse effects.) Therefore, the European Commission, has been issued in infant toys (such as baby teether, plastic dolls) in the prohibition of the use of two formic acid ester plasticizer ban, the ban since 2000 1 January, the EU Member States to take effect. In Canada, the law also prohibits the use of two formic acid in infant toys ester plasticizer. In North America, containing two formic acid ester plasticizer infant toy packaging has been refused to enter. For many toy manufacturers, ATBC is the ideal substitute, not only has the excellent performance of plasticizer, and no health concerns. In USA, toy manufacturers association has its members recommended the use of ATBC substituted benzene two formic acid ester plasticizer.
Acetyl tribute citrate is widely used as a plasticizer. It is primarily used in the manufacture of products such as food wraps and food packaging. Some companies the production and operation of the product, and has been applied in many fields of PVC, PVDC food packaging products etc. Growth in population, rise in disposable income of consumers, and increase in preference of diverse culinary lifestyles have contributed to the rise in demand for food products. Thus, increase in demand for acetyl tributyl citrate in the food & beverage packaging industry is driving the global acetyl tributyl citrate market.
Region Overview:
From 2022-2027, China is estimated to witness robust growth prospects.
Company Overview:
The top three companies are Jiangsu Lemon, Shandong Kexing Chemical, Anhui Aitebay with the revenue market share of 15.89%, 11.08%, 8.41% in 2021.
Lemon-flex Company Limited China is located in the national economic and technological development zone-Jiangsu Yixing Economic and Technological Development Zone. Engaged in the research and development, production and sales of citrate esters, acetate esters, and vegetable oil-based environment-friendly plasticizers, Lemon-flex is a manufacturing enterprise of environment-friendly plasticizers in accordance with international standards.
Located in Dawang Economic Development Zone of Guangrao County of Dongying City in Shandong Province, Shandong Kexing Chemical Co., Ltd. enjoys a superior geographical location. At present, our company has 158 employees, including 8 senior engineers, 18 experts and technicians. With the help of Academician workstations and Dongying Enterprise Technology Center, Kexing is a high-tech enterprise integrating the research and development, production, sales and service of products such as environment-friendly plasticizer, oilfield drilling & recovery chemical auxiliary, and oil drilling & recovery special equipment, oilfield engineering and technical services, etc.
Segmentation Overview:
Among different product types, Excellent Grade segment is anticipated to contribute the largest market share in 2027.
Application Overview:
By application, the Daily Chemical & Food Package segment occupied the biggest share from 2017 to 2022.
This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global Acetyl Tributyl Citrate (ATBC) market, with a systematical description of the status quo and trends of the whole market, a close look into the competitive landscape of the major players, and a detailed elaboration on segment markets by type, by application and by region.
Key Takeaways from the Global Acetyl Tributyl Citrate (ATBC) Market Report:
Market Size Estimates: Acetyl Tributyl Citrate (ATBC) market size estimation in terms of value and sales volume from 2018-2028
Market Trends and Dynamics: Acetyl Tributyl Citrate (ATBC) market drivers, opportunities, challenges, and risks
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Acetyl Tributyl Citrate (ATBC) market
Segment Market Analysis: Acetyl Tributyl Citrate (ATBC) market value and sales volume by type and by application from 2018-2028
Regional Market Analysis: Acetyl Tributyl Citrate (ATBC) market situations and prospects in North America, Asia Pacific, Europe, Latin America, Middle East, Africa
Country-level Studies on the Acetyl Tributyl Citrate (ATBC) Market: Revenue and sales volume of major countries in each region
Acetyl Tributyl Citrate (ATBC) Market Competitive Landscape and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product profile and application, etc.
Trade Flow: Import and export volume of the Acetyl Tributyl Citrate (ATBC) market in major regions.
Acetyl Tributyl Citrate (ATBC) Industry Value Chain: Acetyl Tributyl Citrate (ATBC) market raw materials & suppliers, manufacturing process, distributors, downstream customers
Acetyl Tributyl Citrate (ATBC) Industry News, Policies & Regulations
Key players in the global Acetyl Tributyl Citrate (ATBC) market are covered in Chapter 12:
KLJ Group
Taizhou Mingguang Chemical
Jungbunzlauer
Yangzhou Feiyang Chemical
Jiangsu Lemon
Mitsubishi Chemical Corporation
Jiangsu Licheng Chemical
Anhui Aitebay
Shandong Kexing Chemical
Wuxi Kailai Biotechnology
In Chapter 2 and Chapter 15.1, based on types, the Acetyl Tributyl Citrate (ATBC) market from 2018 to 2028 is primarily split into:
Excellent Grade
First Grade
In Chapter 3 and Chapter 15.2, based on applications, the Acetyl Tributyl Citrate (ATBC) market from 2018 to 2028 covers:
Children Toys
Daily Chemical & Food Package
Medical Devices & Package
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 7, 8, 9, 10, 11, 15.3, 15.4:
North America (Covered in Chapter 7)
United States
Canada
Asia-Pacific (Covered in Chapter 8)
China
Japan
India
South Korea
Southeast Asia
Australia
Others
Europe (Covered in Chapter 9)
Germany
France
UK
Italy
Spain
Russia
Poland
Others
Latin America (Covered in Chapter 10)
Mexico
Brazil
Argentina
Others
Middle East and Africa (Covered in Chapter 11)
GCC Countries
Africa
Others
The data of this research report is mainly obtained from industry associations, magazines, press releases, national customs, annual reports of enterprises, expert interviews, paid databases and other channels with authority. It also provides scientific forecasts of the industry's core development indicators through professional analysis and forecasting models.
In short, whatever role you take in this industry value chain, this report will help you or your company to acquire a systematic and in-depth understanding of the industry.
Chapter Outline
This report consists of 16 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 starts the report with an overview of the Acetyl Tributyl Citrate (ATBC) market, as well as the definitions of the target market and the subdivisions. Through the presented global market size, regional market sizes, and segment market shares, you will be able to draw an overall and comprehensive picture of the market situation. Meanwhile, the research method and data source will be shared in this chapter.
Chapter 2 and Chapter 3 breaks down the market by different types and applications, with historic data presented in metrics of sales volume, revenue, market share and growth rate.
Chapter 4 elaborates on market dynamics and future trends in the industry, which contains an in-depth analysis of market drivers, opportunities, challenges, and risks. Other essential factors that will have a major impact on the market, i.e., industry news and policies in recent years, global inflation, and regional conflict, are also taken into consideration.
Chapter 5 compares the sales volume and revenue of the major regions across the globe, which enables the readers to understand the regional competitive pattern.
Chapter 6 is the analysis of the trade flow. Import volume and export volume are revealed on a regional level.
Chapters 7-11 focus on country-level studies. Data from the major countries in each region are provided, showing the current development of the industry in different countries. Besides, you will also find qualitative trends analysis under global inflation under each of the 6 regions.
Chapter 12 first up presents the competitive landscape by displaying and comparing the revenues, sales volumes, and market shares of the top players in the market, followed by a company-by-company analysis of all the major market participants with introductions of their products, product applications, company profiles, and business overview. In addition, their competitiveness is manifested through numbers of sales volume, revenue, price, gross and gross margin.
Chapter 13 looks into the whole market industrial chain, ranging from the upstream key raw materials and their suppliers to midstream distributors and downstream customers, with influences of global inflation taken into consideration.
Chapter 14 is perfect for those who wish to develop new projects in the industry. This chapter sheds a light on industry entry barriers and gives suggestions on new project investments.
Chapter 15 forecasts the future trend of the market from the perspective of different types, applications, and major regions.
Chapter 16 is the conclusion of the report which helps the readers sum up the main findings and insights.
Years considered for this report:
Historical Years: 2018-2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2023-2028