Asia Pacific Tris Nonylphenyl Phosphite Market Size & Outlook
The tris nonylphenyl phosphite market in Asia Pacific is expected to reach a projected revenue of US$ 240.5 million by 2030. A compound annual growth rate of 6.4% is expected of Asia Pacific tris nonylphenyl phosphite market from 2024 to 2030.
Revenue, 2023 (US$M)
$156.1
Forecast, 2030 (US$M)
$240.5
CAGR, 2024 - 2030
6.4%
Report Coverage
Asia Pacific
Asia Pacific tris nonylphenyl phosphite market, 2018-2030 (US$M)
Asia Pacific tris nonylphenyl phosphite market highlights
- The Asia Pacific tris nonylphenyl phosphite market generated a revenue of USD 156.1 million in 2023.
- The market is expected to grow at a CAGR of 6.4% from 2024 to 2030.
- In terms of segment, antioxidant was the largest revenue generating application in 2023.
- Antioxidant is the most lucrative application segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 156.1 million |
| Market revenue in 2030 | USD 240.5 million |
| Growth rate | 6.4% (CAGR from 2023 to 2030) |
| Largest segment | Antioxidant |
| Fastest growing segment | Antioxidant |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Antioxidant |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 44.9% of the global tris nonylphenyl phosphite market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 240.5 million by 2030.
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Tris Nonylphenyl Phosphite Market Scope
Tris nonylphenyl phosphite market segmentation & scope
End Use
Plastics
Rubber
Oil & Gas
Others
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
China
India
Japan
South Korea
Thailand
Australia
Brazil
Argentina
Saudi Arabia
South Africa
Tris Nonylphenyl Phosphite Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Related regional statistics
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