Plastic Market Size, Trends | Global Industry Growth [2025-2029]

                                               
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Plasticizers Market Size, Growth Rate, Latest Trends

                                               
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Plasticizers Market Size, Share, Growth | Report, 2030

                                               
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Plasticizers Market With Types of Research Report

                                               
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Plasticizers Market | Industry Forecast, 2024 - P&S Intelligence

                                               
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  • What is the global plasticizers market size?
  • The global plasticizers market size was valued at $14.7 billion in 2020, and is projected to reach $22.0 billion by 2030, growing at a CAGR of 4.1% from 2021 to 2030. Increase in demand for flexible polyvinyl chloride (PVC) is a major driver for the growth of the plasticizers market.
  • Which industry offers growth opportunities for plasticizers?
  • Construction is one of the major end-use industries of plasticizers and offers market growth opportunities. The global plasticizers market was valued at USD 17.0 billion in 2022 and is projected to reach USD 22.5 billion by 2027, growing at a cagr 5.7% from 2022 to 2027.
  • What is the market size of plasticizers in 2027?
  • The market size of the global plasticizers is expected to grow from $132.63 billion in 2027 at a CAGR of 7.1%. Rising demand for flexible polyvinyl chloride (PVC) contributes to the growth of the plasticizer market. Flexible PVC is softer than unplasticized polyvinyl chloride (uPVC) due to the addition of plasticizers.
  • What is the future of plasticizers in Europe?
  • Europe is anticipated to expand substantially during the forecast period. Europe represents a crucial market for plasticizers, distinguished by its stringent regulatory landscape and strong emphasis on sustainability. The demand for plasticizers in Europe is driven by several key industries, including construction, automotive, and consumer goods.
  • What is the global demand for plasticizers?
  • The global demand for plasticizers is high, with an extensive range of applications in sectors like construction, packaging, medical devices, automotive manufacturing, and consumer goods. The construction industry is one of the largest consumers of plasticizers, especially for flexible polyvinyl chloride (PVC).
  • Why are plasticizers so popular in China?
  • The country's ambitious Belt and Road Initiative and ongoing urbanization projects are significant contributors to the demand for plasticizers. In 2020, China's construction industry alone accounted for approximately 25% of the global construction market.