According to study, “World Acetyl Tributyl Citrate Market Research Report 2024(covering USA, EU, China, South East Asia, Japan and etc)” the key companies operating in the world acetyl tributyl citrate market areVertellus Holdings LLC, Jiangsu Lemon, Jungbunzlauer, Jiangsu Licheng Chemical Co. Ltd., Sucroal S.A., Mitsubishi Chemical Corporation, Shandong Kexing Chemical, Dongguan Lingchuang Technical Eco-Materials Co., Ltd., Asahi Kasei Finechem Co., Ltd., Maharashtra Aldehydes & Chemicals Ltd. (MACL), Wuxi Kailai Biotechnology, Yangzhou Feiyang Chemical, Taizhou Mingguang Chemical Co. Ltd., KLJ Group, Anhui Aitebay, Nanjing Duoleng Auxiliary. The key players are highly focusing innovation in production technologies to improve efficiency & shelf life.
Acetyl tributyl citrate or ATBC is a colorless, organic chemical compound, formed by the esteriﬁcation of citric acid. ATBC is a safe & nontoxic chemical compound soluble in organic as well as inorganic chemical compound. It is commonly used as a plasticizer in cellulose resins, plasticizers synthetic rubber and polyvinyl chloride (PVC) application, also known as safest plasticizer. Plasticized PVC film is used in food packaging due to its characteristic properties for instance transparency, softness, scratch resistance, temperature resistance, and water vapor permeability, among others. It is also used as emollient in personal care & cosmetic products, lubricating oil for surface treatment, and as solvent in paint & coating industry. It has herbal & sweet taste. It is approved for food contact materials and also used as a food additive. Some of the applications are included toy making, chewing gum, medical products (blood bags), latex adhesives, and dairy packaging, among others.
The key properties include molecular weight (402.5), assay (99.0 % min), color (50 max), flash & pour point (204 ºC & -59ºC), water content (0.25 % max) and acidity (0.02 % max as citric acid).
Based on type, acetyl tributyl citrate market is segmented into first grade and excellent grade. Based on packaging, market is segmented into 55 gallon drums, or tote quantities and bulk tankwagon. Based on product types, market is segmented into bath, hair color & hair care, facial makeup, skin care, shaving, eye makeup, sun protection, oral care, nail care, personal cleanlinesss and fragrance. In addition, based on application, market is segmented into coatings & inks, plasticizers, children toys, personal & health care (hair treatments, medical devices, and nail care), cosmetics, daily chemical& food package, pharmaceutical (capsules, beads, tablets, and granules form) and others (adhesives & sealants, metal surface treatment, construction, textile & leathers and ink, paints & coatings).
The acetyl tributyl citrate market is driven by growth in production of personal care products, followed by prompt growth of pharmaceutical industry, rise in demand for ecofriendly chemicals in developed region, stringent government regulation and increase in demand for plasticized PVC in several end use industries for instance automotive, packaging, and construction Based on geography, China and India countries holds major share in acetyl tributyl citrate market owing to increase in per capita income and growth in demand from various end-use industries such as personal care, cosmetics, polymer & plastics and textile. The USA and EU countries are expected to hold significant share in market due to rise in demand for acetyl tributyl citrate as an emollient & plasticizer over the forecast period. It is anticipated that the market will be reached at US $120 million, at a CAGR of approximately 3.1% over the next forecast period.
For more information on the research report, refer to below link:
Ankur Gupta, Head Marketing & Communications