Global Plasticizers Market, By Type (Phthalates, Non-Phthalates), Application (Flooring and Wall Covering, Wire and Cable, Coated Fabrics, Consumer Goods, Film and Sheet and Others), Distribution Channel (Online, Offline), End-Users (Construction and Remodeling, Electronics and Communication, Automobile and Tire Industry, Medical and Healthcare and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
The plasticizers market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses the market to reach at an estimated value of USD 1633.1 million by 2029 and to grow at a CAGR of 5.91% in the above-mentioned forecast period.
Plasticizers are the colorless and odorless preservatives/additives that are basically utilized to increase the plasticity and viscosity of materials and make the materials softer. They increase the life of the material by making PVC softer, elastic and malleable, production of flexible polyvinyl chloride (PVC).
The rise in construction activities and increase demand for PVC and other polymers in various applications is the root cause fueling up the market growth rate. Additionally, its easy availability of the materials and cost effectiveness will further carve the way for the growth of market. However, government regulations on phthalates and effect of plasticizers on non-PVC components impedes the growth of the plasticizers market.
The technology advancements for bio-plasticizers are estimated to generate numerous opportunities for the market. On the flip side, the disruption in supply chain due to COVID-19 pandemic pose as a major challenge to the growth of the plasticizers market.
This plasticizers market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on plasticizers market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Plasticizers Market Scope and Market Size
The plasticizers market is segmented on the basis of type, application, distribution channel and end-user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of type, the plasticizers market is segmented into phthalates and non-phthalates. The phthalates segment is further classified into di-ethylhexyl Phthalate (DEHP), di-isononyl phthalate (DINP), di-isodecyl phthalate (DIDP), di-propylheptyl phthalate (DPHP), and others. Similarly, the non-phthalates segment is further segregated into di-octyl terephthalate (DOTP), epoxy, adipate, trimellitate, benzoates, and others.
- On the basis of application, the plasticizers market is segmented into flooring and wall covering, wire and cable, coated fabrics, consumer goods, film and sheet and others.
- On the basis of distribution channel, the market is segregated into online and offline.
- Based on end-user, the plasticizers market is segmented into construction and remodelling, electronics and communication, automobile and tire industry, medical and healthcare and others.
Plasticizers Market Country Level Analysis
The plasticizers market is analyzed and market size, volume information is provided by type, application, distribution channel and end-user as referenced above.
The countries covered in the plasticizers market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific is estimated to dominate the plasticizers market owing to the rising adoption of plasticizers within the region. North America, on the other hand, will continue to however show lucrative growth within the forecast period owing to the corrugated cardboard application has led the rapid growth in the plasticizers market especially in this region.
The country section of the plasticizers market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Plasticizers Market Share Analysis
The plasticizers market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to plasticizers market.
Some of the major players covered in the plasticizers market report are UPC Group, Exxon Mobil Corporation. , AEKYUNG CO., BASF SE, NAN YA PLASTICS CORPORATION, Eastman Chemical Company, Evonik Industries AG, LG Chem., Bloomberg L.P., Chemamde, DIC CORPORATION, Jiangsu Zhengdan Chemical Industry Co, Kao Corporation, KLJ Group, LANXESS , OXEA GmbH, Polynt, Velsicol Chemical LLC, Shandong Hongxin Chemicals Industry Co,Ltd, Vertellus Specialities Inc, Supreme Plasticizers among others.