Plasticizers Market Projected to Reach US$23.87 Bn by 2024
/PRNewswire/ -- The global plasticizers market is highly fragmented in nature due to presence of large number of players in the market. Presence of both small... Plasticizers Market...
Plasticizers Market to Touch US$23.87 Bn by 2024, Increasing
Plasticizers Market to Touch US$23.87 Bn by 2024, Increasing Demand From End Use Industries to Boost Growth - TMR /PRNewswire/ -- Transparency Market Research predicts entry of...
Plasticizers Market worth US$23.87 Billion by 2024
The global plasticizers market offered an opportunity worth US$14.85 bn in 2015. Increasing at a CAGR 5.50% between 2016 and 2024, the market is anticipated to attain US$23.87 bn in revenues by the end of 2024. Plasticizers to Experience Continued Demand from Floor Walls and Coverings
Plasticizers Market to Touch US$23.87 Bn by 2024, Increasing
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Plasticizers Market to Touch US$23.87 Bn by 2024, Increasing
ALBANY, New York, April 15, 2025 /PRNewswire/ -- Transparency Market Research predicts entry of several new players in the global plasticizers mar...
- 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.
- 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%.
- 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 global market for non-phthalate plasticizers?
- Looking in more detail at the global market for non-phthalate plasticizers, M&M's report estimates that the value of this sector will reach US$1.55 billion in 2017 and grow at a CAGR of 8.7% in the intervening years to $4.53 billion by 2022.
- What is the growth rate of the APAC plasticizers market?
- The APAC plasticizers market is estimated to have accounted for the largest revenue of, USD 8.5 billion, in 2023, and it is looking forward to displaying a significant growth rate in the coming years.
- What is the demand for plasticizers?
- Among the different types of plastics, demand for plasticizers is highest from polyvinyl chloride (PVC). In 2016, 2.14 million tonnes of plasticizers were used solely in films, followed closely by cables and profiles.