Global Plastisols Market, By Resin Type (Polyvinyl Chloride (PVC), Acrylic), Processing Technology (Moldings, Coatings, Screen Printing, Spraying, Dipping, Casting, Others), Application (Coating, Ink, Slush Molding), End User (Textiles, Automotive, Construction, Metal Finishing, Military, Recreational, Others), Country (U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Luxemburg, Rest of Europe, Japan, China, South Korea, India, Australia And New Zealand, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America UAE, Saudi Arabia, Egypt, Israel, South Africa, And Rest Of Middle East and Africa) Industry Trends and Forecast to 2029
Data Bridge Market Research analyses that the plastisols market will witness a CAGR of 6.69% for the forecast period of 2022-2029.
Plastisols are defined as heterogeneous mixture of vinyl chloride polymers in liquid plasticizers that do not dissolve resins at ambient temperature. It is only dissolved when things are heated from a liquid state to a solid state. Its physical and chemical qualities might range from one extreme to the other.
The rapid growth of the plastisols market is fueled by growth in the end-use industry such as medical, electrical and aerospace. The increasing expenditure in research and development activities is a key driver driving market expansion. Furthermore, the plastisols market is also being driven by the developing automotive sector, rising government initiatives for advancement, the development of the textile industry, and an increase in population, among other things. In addition to this, other factors such as the rapid expansion of the digital printing industry, and the increased availability of minerals for improving sealer formulations, are driving plastisols market growth.
Moreover, modernization and diversity in the end-user industry's use of plastisols will establish new opportunities for ordinary bearing manufacturers in the near future.
On the other hand, rigorous environmental concerns about the usage of polyvinyl chloride (PVC), as well as increased buyer bargaining power and a focus on upgraded or high-quality items at low prices will inhibit the market expansion. Also, the significant release of dioxin and dioxin-like compounds during the production of PVC will further challenge the growth rate of market.
This plastisols market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised 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 plastisols 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 Plastisols Market Scope and Market Size
The plastisols market is segmented on the basis of resin type, processing technology, application 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 resin type, the plastisols market is segmented into polyvinyl chloride (PVC) and acrylic.
- On the basis of processing technology, the plastisols market is segmented into moldings, coatings, screen printing, spraying, dipping, casting and others. Moldings are further sub-segmented into dip molding, slush molding rotational molding and open molding. Others are further sub-segmented into sealants, adhesives and saturants.
- On the basis of application, the plastisols market is segmented into coating, ink and slush molding.
- On the basis of end user, the plastisols market is segmented into textiles, automotive, construction, metal finishing, military, recreational and others.
Plastisols Market Country Level Analysis
The plastisols market is analysed and market size, volume information is provided by country, resin type, processing technology, application and end user as referenced above.
The countries covered in the plastisols 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 dominates the plastisols market and will continue to flourish its dominance during the forecast period due to the improved economic performance and increased foreign investments for the construction of industrial units, hospitals, malls, the hotel industry, multiplexes and the IT sector in this region.
The country section of the plastisols 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 Global Plastisols Market Share Analysis
The plastisols 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 plastisols market.
Some of the major players operating in the plastisols market are 3M, Dow, KONISHI CHEMICAL INC CO., LTD., H.B. Fuller Company., Henkel Adhesives Technologies India Private Limited, CHEMENCE, Illinois Tool Works Inc., ITW Polymers Sealants North America, HERNON MANUFACTURING INC., FUJIFILM Corporation, Avient Corporation, US Plastic Coatings, hubergroup India Pvt. Ltd., International Coatings, Chemionics Corporation, Polyblend, HUTCHINSON, Hodgson Sealants., Lancer Group International, and Carlisle Plastics Company, among others.