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Plasticizers: Types, Uses, Classification, Selection & Regulation

                                               
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Plasticizer - an overview | ScienceDirect Topics

                                               
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  • What are the key drivers for the global plasticizer market?
  • Increased demand for flexible PVC in various applications, increased use of non-phthalate and high molecular weight phthalate plasticizers, and expansion in the packaging sector are the key market drivers for the worldwide plasticizer market. To Get more Insights, Request a Free Sample
  • What is the global plasticizers market size?
  • The global plasticizers market size was valued at USD 17.34 billion in 2022 and is projected to grow from USD 17.99 billion in 2023 to USD 23.88 billion by 2030, exhibiting a CAGR of 4.1% during the forecast period. Asia Pacific dominated the plasticizers market with a market share of 59.17% in 2022.
  • Which region is the fastest growing plasticizer market?
  • Further, the US plasticizer market held the largest market share, and the Canada plasticizer market was the fastest growing market in the region Europe Plasticizer Market is expected to grow at the fastest CAGR from 2022 to 2030 due to quick industrialization and significantly rising polymer demand from diverse end-sectors.
  • 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 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.
  • How does plasticizer industry benefit clients and expand the market sector?
  • One of the primary business strategies adopted by manufacturers in the plasticizer industry to benefit clients and expand the market sector is to manufacture locally to reduce operating costs. In recent years, plasticizer industry has provided medicine with some of the most significant benefits.