Tris Nonylphenyl Phosphite Market size was over USD 359.91 million in 2024 and is poised to exceed USD 749.04 million by 2037, growing at over 5.8% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of tris nonylphenyl phosphite is evaluated at USD 376.61 million. For instance, the PVC industry is intended to reach a valuation of USD 100.9 Billion in 2031, up from its 2021 valuation of USD 68.3 Billion. Furthermore, to help meet customer expectations for performance, safety, and sustainability in PVC packaging materials, tris nonylphenyl phosphite works as a stabilizer.
Additionally, tris nonylphenyl phosphite is adaptable and works well with many different types of plastics and polymers, such as PVC, polyethylene, and polypropylene. Because of its adaptability, it is utilized in a wide range of sectors, including electronics, construction, packaging, and the automobile industry.
Author Credits: Rajrani Baghel
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