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  • Which industry drives the plasticizers market in Europe?
  • The plasticizers market in Europe is driven by the electronics industry due to increased investment in research and innovations, thereby creating demand for plasticizers and PVCs that are widely used for building wires and cables.
  • Who dominates the plasticizers market?
  • The Plasticizers market is dominated by a few major players that have a wide regional presence.
  • What is the global plasticizers market size?
  • The global plasticizers market was valued at USD 17.0 billion in 2022. It is projected to reach USD 22.5 billion by 2027, growing at a CAGR of 5.7% from 2022 to 2027. Construction is one of the major end-use industries of plasticizers and offers market growth opportunities.
  • 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.
  • Which phthalate plasticizers accounted for the largest market share in 2021?
  • Phthalate plasticizers accounted for 80.6% of the market in terms of volume in 2021. Among these, DINP type of phthalate plasticizers accounted for the largest market share (28.6%) globally in 2021.
  • What causes plasticizer production costs to increase?
  • Plasticizers are primarily made from petroleum-based raw materials, with significantly fluctuating prices due to geopolitical tensions, natural disasters, and changes in global demand. This volatility can significantly increase production costs and negatively impact plasticizer manufacturers’ profitability.