Plasticizers Market Size is Expected to Grow at a CAGR of 4.71% by 2030 | ChemAnalyst

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Plasticizers Market Size is Expected to Grow at a CAGR of 4.71% by 2030 | ChemAnalyst

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The demand for Plasticizer’s manufacturing process optimization in terms of environmental impact reduction and structural element reliability and safety has increased significantly in past few years. Additionally, due to the booming automotive industry, there has been an increased demand for plasticizers in PVC as it possesses outstanding mechanical properties and mouldability. – PowerPoint PPT presentation

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Title: Plasticizers Market Size is Expected to Grow at a CAGR of 4.71% by 2030 | ChemAnalyst


1
Plasticizers Market Size, Share Analysis,
Application, Key Player Business
Opportunities, Forecast by 2030
According to ChemAnalyst report, Global
Plasticizers Market Plant Capacity, Production,
Operating Efficiency, Demand Supply, End Use,
Distribution Channel, Region, Competition,
Trade, Customer Price Intelligence Market
Analysis, 2015-2030, Global Plasticizers market
demand stood at 8.23 Million Tonnes in 2020 and
is forecast to reach 12.91 Million Tonnes by
2030, growing at a healthy CAGR of 4.71 until
2030. Growing demand of plasticizers due to its
versatile properties as an additive in different
polymers especially in PVC by agriculture and
construction sector is likely to bolster the
global plasticizers market in upcoming years.
Plasticizers are highly operative in various
sectors including automotive, electronic,
coatings, floorings and others. Plasticizers
are liquid or solid substances that are colorles,
odorless and non-volatile in nature. They are
usually added in different polymers in order to
increase their stretchability, flexibility,
processability and durability. On adding, they
tend to minimize the Glass Transition
Temperature (Tg) and viscosity of polymers to
make it suitable for the film coating. They are
among the widely researched chemical.
Plasticizers when combined with plastic,
strengthen the thermoplasticity and boosts the
fabrication quality. Plasticizers act as a
lubricant between segments of polymer chain thus
provide greater mobility. Polymers would become
extremely bis highly dependent on the end use
industries for manufacturing films sheet
material as it exhibits good compatibility
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and barrier characteristics such as weather
resistance and good heat stability. Plasticizers
are generally produced by the reaction of alcohol
with different acids such as phthalic anhydride
and olefins. The plasticizers Industry is
currently fascinated by bio- based and renewable
plasticizers that can be a safe alternative for
the environmental footprint. uprise in the
demand of Polyvinyl Chloride (PVC) by major
end-user industries like construction,
automotive and electronics is expected to boost
the Plasticizers market worldwide. Read Full
Report Here https//www.chemanalyst.com/industry-
report/global- plasticizers-market-356 Depending
upon the chemical composition and properties,
Plasticizers can be classified as Phthalate
Esters, Aliphatic dibasic acid Esters, Benzoate
Esters, Trimellitate Esters, Polyester, epoxy
esters, alkyl sulfonic acid phenyl ester,
chlorinated plasticizers, polyol esters, Bio
Plasticizers and others. Due to its properties
such as high resilience, stability, and improved
efficiency, phthalates are the most used compound
in Plastic Industry. Out of all the
applications, plasticizers are extensively
utilized in the manufacturing of PVC which is
among the highly used polymers in the world. PVC
is widely used in Industrial, technical and
commercial applications such as water pipelines,
drainage pipes, PVC films, flooring and wall
coverings, paint, footwear, automobile interior
and others. The demand of PVC is largely driven
by the construction, infrastructure and
automotive sector. According to National
Toxicology Programme (NTP), Plasticizers are
considered as a potent carcinogen. The
International Agency for Research on Cancer
(IARC) reported that a type of phthalate and
diethylhexyl phthalate (DEHP) is classified as a
potential cause for cancer as an additive in
plastics. Exposure through different routes can
induce tumour and cause adverse health effects
as it can be a serious environmental pollutant.
Ban on the use of phthalate plasticizers in the
use of toys have been implemented in 2020. Due
to the consequence of Global crises, there was
nationwide lockdowns around the world which
impacted several industries and their economy in
terms of sales and distribution. Low demand due
to global crises hindered the usage of PVC in in
construction and infrastructure sector. However,
the continuous growing demand of bio
plasticizers by many industries will propel the
global plasticizers market. Read Request
https//www.chemanalyst.com/ChemAnalyst/RequestFor
m Region wise, Asia Pacific region holds the
largest share of the global Plasticizers market
due to advancements in construction and
automotive sector. Increasing demand of green
fuels is also a factor driving demand growth in
Europe during the forecast period. North America
is also a big contributor of bio-based
plasticizers.
3
  • Years considered for this report
  • Historical Period 2015 -2019
  • Base Year 2020
  • Estimated Year 2021
  • Forecast Period 20222030
  • Major players operating in the Global
    Plasticizers market BASF SE , ExxonMobil
    Chemical, Eastman Chemical Company, Ineos Group,
    and UPC Group , Arkema S.A , Blue sail Chemical
    Group, and Clariant International. Lanxess AG, LG
    Chem, Ltd., Mitsubishi Chemical Holdings
    Corporation, KLG group, Nan Ya Plastics Corp and
    others.

Being linked to the downstream application such
as PVC, automotive and coatings etc, the Global
Plasticizers Industry has shown a tremendous
growth along with the growing population and
changing in the preference of consumer. It is
projected that India is likely to become the
world's fifth largest consumer market by 2025. In
addition, growing per capita income worldwide
poised a stronger outlook to the countrys
acetone demand. The nationwide lockdowns around
the world affected the supply chain logistics and
happens to cause immediate shortage of raw
materials hence increased the prices of
Plasticizers. Meanwhile, China serves as the
major holder as well with sufficiently installed
capacities. With new competitors emerging across
the Plasticizers market, it is extremely
important to keep an eye on which region will
grab the biggest market shareduring the forecast
period. said Mr. Karan Chechi, Research Director
with TechSci Research, a research- based
management consulting firm promoting ChemAnalyst
worldwide.
4
Report Scope In this report, the World-wide
Plasticizers market has been segmented into the
following categories, in addition to the industry
trends which have also been detailed below
Attribute Details
Market size volume in 2020 8.23 million tons
Growth Rate CAGR of 4.71 from 2021 to 2030
Base year for estimation 2020
Historic Data 2015 2019
Forecast period 2022 2030
Quantitative units Revenue in USD million/billion and CAGR from 2021 to 2030
Report coverage Revenue forecast, demand supply, competitive analysis, competitive landscape, growth factors, and trends
Segments covered By Type (Cables Wires, Vinyl Flooring, Leather Cloth, Automobile, Food Packaging, Flexible PVC Films, Footwear, Construction and Adhesives) By Sales Channel (Direct Sale, Direct Import, Distributor Traders, Retailers)
Regional scope North America Europe Asia Pacific South America Middle East Africa
Country scope United States Mexico Canada China India Japan South Korea Taiwan Singapore Germany Belgium France United Kingdom Spain Italy Sweden Austria Saudi Arabia Iran South Africa Brazil Argentina
Key companies profiled BASF SE, ExxonMobil Chemical, Eastman Chemical Company, Ineos Group, and UPC Group, Arkema S.A, Blue sail Chemical Group, and Clariant International. Lanxess AG, LG Chem, Ltd., Mitsubishi Chemical Holdings Corporation, KLG group, Nan Ya Plastics Corp, and others.
Customization scope Free report customization with purchase. Addition or alteration to country, regional segment scope.
Pricing and purchase options Avail customized purchase options to meet your exact research needs. Explore purchase options
5
  • Table of Content
  • Global Plasticizers Market Outlook, 2015-2030
  • Capacity, By Volume 1.1.1.By Company
  • Production 1.2.1.By Company
  • Operating Efficiency 1.3.1.By Company
  • Global Plasticizers Demand Outlook, 2015-2030, By
    Volume
  • By End Use
  • By Region
  • By Company
  • North America Plasticizers Market Outlook,
    2015-2030
  • Capacity, By Volume 3.1.1.By Country
  • Production 3.2.1.By Country
  • Operating Efficiency 3.3.1.By Country
  • North America Plasticizers Demand Outlook,
    2015-2030, By Volume
  • By End Use

4.3.1.1. 4.3.1.2.
By Company By Location
  • Production
  • By Company 4.3.3.Operating Efficiency
  • 4.3.3.1. By Company
  • 4.3.4.United States Plasticizers Demand-Supply
    Scenario, 2015-2030, By Volume

4.3.4.1. 4.3.4.2. 4.3.4.3.
Demand Supply Gap
  • United States Plasticizers Demand Outlook,
    2015-2030, By Volume
  • By End Use

6
4.3.5.2. 4.3.5.3. 4.3.5.4.
By Company Share (At least top 3 companies
market share) By Region By Sales Channel
  • Mexico Plasticizers Market Outlook, 2015-2030
  • Capacity, By Volume
  • By Company
  • By Location 4.4.2.Production
  • 4.4.2.1. By Company 4.4.3.Operating Efficiency
  • 4.4.3.1. By Company
  • 4.4.4.Mexico Plasticizers Demand-Supply Scenario,
    2015-2030, By Volume

4.4.4.1. 4.4.4.2. 4.4.4.3.
Demand Supply Gap
4.4.5.Mexico Plasticizers Demand Outlook,
2015-2030, By Volume
4.4.5.1. 4.4.5.2. 4.4.5.3. 4.4.5.4.
By End Use By Company Share (At least top 3
companies market share) By Region By Sales
Channel
Read Full ToC Here https//www.chemanalyst.com/in
dustry-report/global- plasticizers-market-356 A
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