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Tris Nonylphenyl Phosphite Market: By Application (Heat stabilizers in polymers, anti-oxidant, Hardening agent and others ); By End user industry (Pharmaceutical Industry, Agrochemical Industry, Adhesives and Sealants and others) & Geographic Analysis - Forecast (2018-2023)
Tris (nonylphenyl) Phosphite (TNPP) Market Overview:
Tris (nonylphenyl) Phosphite (TNPP) is an ester of Phosphoric acid phenol. It has the chemical formula C45H69O3P. It is a colorless to amber colored liquid at room temperature. It is used as an additive in polymers and resins. It is used as a heat stabilizer and as an antioxidant in polymers and resins for the rubber and plastic industry as well as in adhesives and sealants. The demand for TNPP has been reducing due to the hazardous nature of TNPP and its danger to humans and the environment.
Tris (nonylphenyl) Phosphite (TNPP) Market Outlook:
Most polymers and resins when being treated under high temperatures, mostly exceeding 150°C, tend to oxidize and form a layer and decolorize. The addition of TNPP as an anti-oxidant is to prevent this so as to give the resins and polymers a better finished look and texture. TNPP is used as an antioxidant and heat stabilizer in the production of unvulacnized rubber, poly olefins and polyvinyl chlorides. It is extremely efficient in giving the polymers and resins excellent heat, color and processing stability. It is used in the Polymer, rubber, petrochemical and food packaging Industry.
The current price quoted for 250 ml of TNPP is around $28 to $33 by most manufacturers supplying the chemical.
Tris (nonylphenyl) Phosphite (TNPP) Market Growth drivers:
Important growth drivers for the TNPP market is its market share as a heat stabilizer and anti-oxidant in the polymers and rubber industry. Companies expanding their production capacities is also a positive driver for the market as an indication of increasing demand for the product, especially in the rubbers and petrochemicals industry.
Tris (nonylphenyl) Phosphite (TNPP) Market Challenges:
TNPP is used in the food packaging industry as a heat stabilizer an anti-oxidant in the packaging of food articles. TNPP is a combustible liquid which produces highly irritant fumes on combustion. It is also extremely harmful to aquatic life. It is also known to be an endocrine disrupting chemical on ingestion. In the plastic packaging TNPP works to reduce the polymers degradation, but during this process it, itself degrades to nonylphenyl, which then contaminated the food. Due to this it has very strict and stringent regulations against its use in food packaging. The market is slowly shifting from TNPP as an additive to other substitutes that are not as hazardous.
Tris (nonylphenyl) Phosphite Market Research Scope:
The base year of the study is 2017, with forecast done up to 2023. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the Tris (nonylphenyl) Phosphite market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of plastics in the electric vehicle market, and their specific applications in different types of vehicles.
Tris (nonylphenyl) Phosphite Market Report: Industry Coverage
Application of TNPP: Heat Stabilizers in polymers, Anti-Oxidant for polymers and resins, Hardening Agent for resins, Chemical Intermediate and Others
End User Industries in the TNPP market: Pharmaceutical Industry, Agrochemical Industry, Adhesives and Sealants Industry, Food Packaging Industry, Plastics and Rubber Industry, Academic Research, Specialty Chemicals Industry and Others
The Tris (nonylphenyl) Phosphite market report also analyzes the major geographic regions for the market as well as the major countries for the market in these regions. The regions and countries covered in the study include:
- North America: The U.S., Canada, Mexico
- South America: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica
- Europe: The U.K., Germany, Italy, France, The Netherlands, Belgium, Spain, Denmark
- APAC: China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong
- Middle East and Africa: Israel, South Africa, Saudi Arabia
Tris (nonylphenyl) Phosphite Market Key Players Perspective:
Some of the Key players in this market include: Addivant, Dover chemicals, Galata Chemicals, Gulf Stabilizers Industry, Sterling Auxiliaries, Sandhya Group, Songwon, Sigma Aldrich, BOC Sciences, Hunan Chemicals and many more.
Market Research and Market Trends of Tris (nonylphenyl) Phosphite Market
The shift from TNPP to nonylphenyl free additives in the polyolefin industry for packaging and hygiene products has been a downer for the TNPP market. With more companies coming forward with nonylphenyl free products TNPP is slowly being shelved out as an additive for food packaging. The FDA and other organization also giving approval to the use of other additives as substitutes for TNPP is surely to negatively affect the market.
The recent price increase of TNPP by the major key players is bound to effect the demand of the market. The rising raw material cost, as most of them are derived from petroleum products and due to the increase in transportation costs.
TNPP is known for its excellent color and non-tinting properties while also providing very good hydrolysis resistance. Due to these factors it is still the preferred additive in the rubber and polymer market for providing heat stability to the products. This is one of the major positive drivers for the market. Adding to this the decision of a few key players to invest in the improvement and expansion of their production plants is also a positive outlook for the TNPP market.
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