PLASTICIZERS IN VARIOUS INDUSTRIAL PRODUCTS - Kinam Park

                                               
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  • 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 countries are leading the plasticizers market in India?
  • India's construction market is expected to grow at a CAGR of 7.1% from 2020 to 2030, further bolstering the plasticizers market. Japan, known for its advanced automotive industry and technological innovation, also significantly contributes to the regional market.
  • 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.
  • Who is the largest shareholder in the plasticizers market?
  • Asia Pacific is the highest shareholder in the global market. The construction industry's demand for flexible and durable materials is a significant driver for the plasticizers market. Plasticizers are crucial in manufacturing flexible polyvinyl chloride (PVC), widely used in cables, flooring, and wall coverings.
  • How big is the plasticizer market in 2023?
  • Plasticizer Market Size was valued at USD 17.98 billion in 2023. The plasticizer industry is projected to grow from USD 19.2 Billion in 2024 to USD 28.45 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.17% during the forecast period (2024 - 2032).