Tris Nonylphenyl Phosphite Market Size & Share, by End-user (Chemical Industry, Packaging Industry); Application (Petrochemicals, Stabilizers, Rubber) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 5704
  • Published Date: Apr 25, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Tris Nonylphenyl Phosphite Market size is schemed to reach USD 700 Million by the end of 2036, growing at a CAGR of 6% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of tris nonylphenyl phosphite was over USD 345 Million which is attributed to the PVC use in bottles and food wrapping influenced by rising customer demand for eco-friendly and practical packaging options. 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.

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Tris Nonylphenyl Phosphite Market: Growth Drivers and Challenges

Growth Drivers

  • Growing demand in the chemical industry- Tris nonylphenyl phosphite is a common stabilizer in a wide range of chemical reactions and products. By preventing oxidation, it helps keep chemicals and polymers from degrading, prolonging their shelf life and preserving their quality. Stabilizers like tris nonylphenyl phosphite are expected to become more in demand as the chemical industry grows and diversifies.

    The chemical industry, on the other hand, may find new uses for tris nonylphenyl phosphite as a result of advancements in chemical formulation and processing methods. For instance, ongoing research in the fields of polymer chemistry, materials science, and chemical engineering may reveal new and improved applications or formulations for tris nonylphenyl. This could lead to significant advancements in the industry and further innovation in related fields.
  • Increasing innovations in the product by manufacturers - Important competitors in the tris nonylphenyl phosphite market are making noteworthy advancements. Huge expenditures made in a variety of well-known end-use sectors demonstrate a significant portion of this.

    Moreover, certain manufacturers may employ the use of stabilizing agents such as tris nonylphenyl phosphite to enhance the performance and durability of their products. This, in turn, can drive up the demand for such stabilizers as companies aim to deliver high-quality goods that cater to the preferences of their consumers. For instance, Nordmann currently sells its line of UV stabilizers and antioxidants under the NORANTOX trademark for use in elastomers, construction, plastics, and coatings. Europe-wide sales of the products are possible.
  • Growing adoption in the rubber industry- The need for additives like tris nonylphenyl phosphite is anticipated to increase to promote the production of high-quality rubber products. Research states that in 2022, the world's rubber production reached 29.6 million metric tons. Rubber materials can deteriorate due to environmental variables such as heat and oxygen.

    Additionally, tris nonylphenyl phosphite prolongs the life of rubber products and preserves their mechanical qualities by preventing oxidation and deterioration. Stabilizers like tris nonylphenyl phosphite are in greater demand as the rubber sector grows and diversifies. Therefore, this factor is propelling the growth of the tris nonylphenyl phosphite market.


  • Harmful effects on aquatic life- Tris nonylphenyl phosphite can affect fish hormones due to its interactions with androgen and estrogen receptors. It can also lead to the fermentation of aquatic organisms, lower male fertility, and lessen the likelihood that baby fish will survive.
  • The increasing competition from alternative solutions or substitutes may limit market growth.
  • Concerns regarding health and safety regulations in the production and handling of the product hampers the tris nonylphenyl phosphite market growth.

Tris Nonylphenyl Phosphite Market: Key Insights

Base Year


Forecast Year




Base Year Market Size (2023)

USD 345 Million

Forecast Year Market Size (2036)

USD 700 Million

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Tris Nonylphenyl Phosphite Segmentation


End-user (Chemical Industry, Packaging Industry)

The chemical industry segment will dominate the tris nonylphenyl phosphite market with a share of 53% by the end of 2036. The segment growth can be linked to the expanding global population and need for consumer products, clean water, food, and healthcare. Moreover, the provision of technologies and raw materials for the manufacturing of these essentials is largely dependent on the chemical industry.

 Tris nonylphenyl phosphite is safe and complies with regulations; it can be used in a variety of chemical industrial applications. To guarantee product safety and regulatory compliance, chemical manufacturers must adhere to strict regulatory criteria governing chemical additives. Furthermore, production, supply chains, and markets in the chemical sector are very international, covering multiple nations and regions. Globalization promotes investment in developing nations, opens up new markets, and makes technology transfer easier—all of which propel the chemical industry expansion.

Application (Petrochemicals, Stabilizers, Rubber)

The petrochemical segment in the tris nonylphenyl phosphite market is slated to hold a share of 46% during the forecast period. The increasing global population and growing standard of living are driving up demand for plastics in a multitude of industries, including packaging, construction, automotive, electronics, and healthcare. This demand is leading to an expansion in the petrochemical industry. For instance, the worldwide revenue of the petrochemical sector is anticipated to surpass USD 1 trillion by 2030.  

Additionally, major petrochemical companies are investing in capacity expansion projects to meet the growing demand and capitalize on the favorable market conditions. These costs consist of expanding already-existing plants, developing entirely new petrochemical complexes, and acquiring downstream value-added products. The expanding demand for petrochemical goods, which is being driven by factors including population development, urbanization, and industrialization, has resulted in increased production capacity in the petrochemical sector. To ensure the longevity and caliber of petrochemical products, stabilizers such as tris nonylphenyl phosphite are needed in proportion to higher production volumes.

Our in-depth analysis of the tris nonylphenyl phosphite market includes the following segments:


  • Chemical Industry
  • Packaging Industry


  • Petrochemicals
  • Stabilizers
  • Rubber

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Tris Nonylphenyl Phosphite Industry - Regional Synopsis

APAC Market Forecast

The tris nonylphenyl phosphite market in the Asia Pacific region is planned to gain a share of 35% by the end of 2036. The growing plastic industry in countries like China and India is expected to drive the market. The plastic sector is still expanding, with yearly worldwide plastic output reaching around 370 million metric tons in the previous several years. China is by far the country that produces the most plastic in the world.  Additionally, the region is rapidly industrializing, especially in Southeast Asia, China, and Indian nations.

Tris nonylphenyl phosphite is widely utilized as a stabilizer in polymer manufacture due to its financial benefits, and it offers exceptional value in terms of the money-output ratio. It is projected that the Asia-Pacific region's growing stabilizer usage will propel the tris nonylphenyl phosphite market. In addition, the region's chemical sector is growing quickly to meet the rising demand from customers and the region's expanding manufacturing base.

North American Market Statistics

The North American region will also encounter huge growth for the tris nonylphenyl phosphite market during the forecast period and will hold the second position owing to the petrochemical and plastics industries' growing need for tris nonylphenyl phosphite. Moreover, in North America, the expanding automobile and construction industries are also significant users of flame-retardant materials, which boost the market growth of tris nonylphenyl phosphite.

Additionally, due to the ability of tris nonylphenyl phosphite to improve the fire resistance of electrical components, construction materials, and automobile parts, it is preferred and responsible for the expansion of the regional market.

Research Nester
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Companies Dominating the Tris Nonylphenyl Phosphite Landscape

    • Coca-Cola Company
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • I.P. ONE
    • Sandhya Group
    • Songwon Industrial Co., Ltd.
    • Dover Chemical Corporation
    • Galata Chemicals Holding GmbH
    • Valtris Specialty Chemicals
    • Addivant
    • Akcros Chemicals
    • LyondellBasell Industries

In the News

  • Coca-Cola Company- By early 2024, every 500 mL bottle of sparkling beverage sold in Canada by The Coca-Cola Company will be constructed entirely of recycled plastic, except caps and labels. The business is the first in Canada to introduce a variety of sparkling beverages in bottles made entirely of recycled plastic. A circular economy for plastic packaging is established and sustained by bottles composed of 100% recycled plastic*. Following recycling, the material (PET) is cleaned, sorted, and ground into tiny flakes, which are then used as a raw material to make more bottles.
  • I.P. ONE - Together with ENVICCO, a GC Group firm, and ALPLA Packaging. I.P. ONE, a prominent player in the Thai FMCG sector, is supporting the ideas of Zero Waste and Circular Economy by launching the "Vixol: Transformative Innovation for Sustainable World" campaign in Thailand for the first time. Through this effort, which is piloted with the "VIXOL POWER black bottle," discarded colored plastic household waste will be converted into recyclable bottles, opening up a closed-loop system for the manufacturing of sustainable plastic packaging.

Author Credits:  Smruti Ranjan, Rajrani Baghel

  • Report ID: 5704
  • Published Date: Apr 25, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Growing demand in the chemical industry, increasing innovations in the product by manufacturers, and growing adoption in the rubber industry are the major factors driving the growth of the tris nonylphenyl phosphite market.

The tris nonylphenyl phosphite market is expected to boost significantly, with a CAGR of 6% between 2024 and 2036. The market value stood at USD 345 Million in 2023 and is predicted to reach USD 700 Million by 2036.

The major players in the market are Coca-Cola Company, I.P. ONE, Sandhya Group, Songwon Industrial Co., Ltd., Dover Chemical Corporation, Galata Chemicals Holding GmbH, Valtris Specialty Chemicals, Addivant, Akcros Chemicals, LyondellBasell Industries, and others.

The chemical industry segment is assessed to garner the largest market share of 53% by the end of 2036 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share of 35% by the end of 2036 and provide more business opportunities in the future.
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