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  • Why did plasticizer prices rise sharply in Q1 2022?
  • Plasticizers prices rose sharply in Q1 2022 as a result of the sharp rise in crude oil prices and improved downstream demand. The price of dioctyl phthalate averaged 1875 USD/MT towards the end of first sector. The increase in upstream value prices and the strengthening domestic market demand were the main factors influencing this price shift.
  • How much is the global plasticizers market worth in 2023?
  • The global plasticizers market was valued at USD 17.56 billion in 2023. It is estimated to reach USD 29.69 billion by 2032, growing at a CAGR of 6.01% during the forecast period (2024–2032). The global plasticizers market is
  • Which region is the fastest growing plasticizer market?
  • Based on region, the global market is bifurcated into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. The Asia-Pacific region stands out as the fastest-growing market for plasticizers, propelled by rapid industrialization, urbanization, and robust economic development.
  • Why are plasticizer prices rising in Asia-Pacific?
  • Asia The price trend for plasticizers showed an upwards trend in the the Asia-Pacific region during the first quarter owing to the domestic polymer segment's increased demand for the product as a result of better offtakes from China’s construction sector.
  • Why did Eastman plasticizer prices increase in 2022?
  • For instance, since July 2022, Eastman has increased its plasticizer prices due to ongoing pressure from raw materials, energy, and transportation costs. Price increases were in the range of USD 0.075 to USD 0.100 /LB in North America and Latin America.
  • How is the global plasticizers market segmented?
  • The global plasticizers market is segmented into product type, application, and end-user. Based on product type, the global plasticizers market is segmented into phthalate, non-phthalate, and bio-based.