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Plasticizers | ExxonMobil Product Solutions

                                               
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Eastman introduces high-purity non-phthalate plasticizer

                                               
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  • What is the global demand for plasticizers in 2024?
  • In the fourth edition of its Plasticizers market study, Germany's Ceresana forecasts that global demand for all plasticizers will increase to about 9.75 million tonnes in 2024, with typical volume growth rates for the different types of about 3–3.5%.
  • What is the global demand for non-phthalate plasticizers?
  • In volume terms, demand for non-phthalate plasticizers is forecast to grow at 3.2% per annum. The Asia Pacific region accounted for about 59% of global demand for plasticizers in 2016; due to above-average growth rates, demand in this region is expected to rise to about 6 million tonnes by the end of the forecast period.
  • What is driving the growth of the plasticizer market?
  • The rise in the number of automotive and construction activities is driving the growth of the plasticizer market. Also, the use of plasticizer in wall and floor coverings, consumer goods, coated fabrics, film and sheet, among others is also likely to boost the demand in the region.
  • What is the demand for plasticizers?
  • Among the different types of plastics, demand for plasticizers is highest from polyvinyl chloride (PVC). In 2016, 2.14 million tonnes of plasticizers were used solely in films, followed closely by cables and profiles.
  • How is the world-wide plasticizers market segmented?
  • 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: BASF SE, ExxonMobil Chemical, Eastman Chemical Company, Ineos Group, and UPC Group, Arkema S.A, Blue sail Chemical Group, and Clariant International.
  • Who makes plasticizers?
  • Lanxess AG, LG Chem, Ltd., Mitsubishi Chemical Holdings Corporation, KLG group, Nan Ya Plastics Corp and others. These industries are constantly attempting to capitalise on the growing demand for plasticizers by producing and maintaining supply chain as much as possible.