Global Plasticizers Market Growth Analysis And Indications – Includes Plasticizers Market Demand
The Business Research Company’s report goes into great detail on the plasticizers market size and growth, plasticizers market regional analysis, plasticizers market competitive landscape, and other critical information needed to excel in the plasticizers industry.
Major players in the plasticizers market include LG Chem Ltd., Dow Chemical Company, BASF SE, UPC Group, Evonik Industries
TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.
The plasticizers market is expected to grow from $13.34 billion in 2020 at a CAGR of 4.6% to reach $16.69 billion in 2025. The plasticizers market is expected to reach $21.47 billion in 2030, at a CAGR of 5.2%.
Asia Pacific was the largest region in the global plasticizers market, accounting for 51.7% of the total in 2021.
The plasticizers market consists of sales of plasticizers by entities (organizations, sole traders or partnerships) that produce plasticizers. 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).
The increasing demand for plasticizers from the healthcare sector is expected to propel the growth of the plasticizers market in the coming years
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Eco-friendly plasticizers is a key trend gaining popularity in the plasticizers market. Eco-friendly plasticizers are organic esters that can be amplified into polymers to enhance the flexibility and stiffness of the end product through internal polymer morphology alteration. In addition, eco- friendly plasticizers are biodegradable and possess all the properties of a plasticizer. They are usually inert materials with low vapour pressure and high boiling points. Due to these factors, traditional plasticizers (phthalates plasticizers) have been increasingly replaced by environmentally friendly plasticizers.
TBRC’s Global Plasticizers Market Report Is Segmented:
By Product Type: Phthalates Plasticizers, Dioctyl Phthalate, Diisononyl Phthalate (DINP)/ Diisodecyl Phthalate (DIDP)/ Di(2-Propylheptyl) Phthalate (DPHP)Others, Non-Phthalates Plasticizers, Dioctyl Terephthalate (DOTP), Adipates, Trimellitates, Epoxies, Benzoates
By Application: Flooring and Wall, Film and Sheet Coverings, Wires and Cables, Coated Fabrics, Consumer Goods, Others
By Distribution Channel: Online, Offline
By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
The Plasticizers Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the plasticizers market globally and regionally, analyzes and forecasts market size, share, plasticizers market players, plasticizers market segments, leading competitor revenues, profiles and market shares.
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