The Global Plasticizers Market Report by The Business Research Company covers plasticizers market drivers and restraints, plasticizers market size, major players, and the impact of COVID-19 on the plasticizers market.
The plasticizers market consists of sales of plasticizers and related services. Plasticizers are chemical additives used to increase the plasticity or fluidity of a material. The dominant applications are for rubber, resins and plastics especially polyvinyl chloride (PVC).
Rising demand for flexible polyvinyl chloride (PVC) contributing to the growth of the plasticizers market. Flexible PVC is softer than unplasticized polyvinyl chloride (uPVC) due to the addition of plasticizers.
The global plasticizers market is expected to grow from $78.91 billion in 2020 to $87.81 billion in 2021 at a compound annual growth rate (CAGR) of 11.3%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $93.77 billion in 2025 at a CAGR of 2%.
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Some plasticizers market trends include eco-friendly plasticizers increasingly being used to prevent harmful phthalates plasticizers such as DOP, DBP, BBP, and DEP. Eco-friendly plasticizers have various properties such as waterproof with good electrical resistivity, weather resistance, better mechanical strength, and good heat stability. Due to these factors, phthalates plasticizers are being replaced with eco-friendly plasticizers. Eco-friendly plasticizers are polymer additives that improve a material’s plasticity. The global eco-friendly plasticizers market is growing rapidly due to increased demand of eco-friendly plasticizers to keep human health and environment safe. These plasticizers come with low toxicity and good compatibility and are used in various applications, mainly in films and cable manufacturing and is driving the growth of the plasticizers market.
Global plasticizers market segments include:
1) By Product Type: Phthalates Plasticizers, DOP, DINP/DIDP/DPHP, Others, Non-Phthalates Plasticizers, DOTP, Adipates, Trimellitates, Epoxies, Benzoates.
2) By Application: Flooring & Wall, Film & Sheet Coverings, Wires & Cables, Coated Fabrics, Consumer Goods, Others.
3) By Distribution Channel: Online, Offline.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Plasticizers Global Market Report 2021: COVID 19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides plasticizers market overviews, analyzes and forecasts market size, share, plasticizers market players, plasticizers market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The plasticizers market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Plasticizers Global Market Report 2021: COVID 19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: Arkema S.A., BASF SE, Dow Chemical Company, LG Chem Ltd., Evonik Industries Ag, Exxon Mobil Corporation, Eastman Chemical Company, Ineos Group, UPC GROUP, Bluesail, Nan Ya Plastics, Aekyung Petrochemical, Shandong Hongxin Chemicals, Shangdong Qilo Plasticizers, Clariant International, Adeka, Kao Corporation, Lanxess AG.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The plasticizers Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The plasticizers Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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