Plasticizers Market Growth, Trends | Industry Analysis 2030

                                               
  • Shortage intensified in the Russian plasticizers market price
  • Shortage intensified in the Russian plasticizers market manufacturer
  • Shortage intensified in the Russian plasticizers market manufacturer

Plasticizers Prices, Analytics & Forecasts | ICIS

                                               
  • Shortage intensified in the Russian plasticizers market price
  • Shortage intensified in the Russian plasticizers market manufacturer
  • Shortage intensified in the Russian plasticizers market manufacturer

Plasticizers Market Size to Reach USD 10110 Million by 2026

                                               
  • Shortage intensified in the Russian plasticizers market price
  • Shortage intensified in the Russian plasticizers market manufacturer
  • Shortage intensified in the Russian plasticizers market manufacturer

Plasticizer Market Worth USD 29.77 Billion by 2030 at 6.0%

                                               
  • Shortage intensified in the Russian plasticizers market price
  • Shortage intensified in the Russian plasticizers market manufacturer
  • Shortage intensified in the Russian plasticizers market manufacturer

Shortage intensified in the Russian plasticizers market

                                               
  • Shortage intensified in the Russian plasticizers market price
  • Shortage intensified in the Russian plasticizers market manufacturer
  • Shortage intensified in the Russian plasticizers market manufacturer
  • What will Russia's plastics market look like in the next 5 years?
  • The biggest growth in plastics demand in the next five years will be in construction, automotive and packaging, which traditionally consume up to 70 percent of produced plastics in Russia. Analysts expect growth in those markets to exceed 40 percent by 2028.
  • Will Russia's plastic industry be affected by a suspension of imports?
  • According to the Russian Union of Plastic Processors — a public association for producers of finished plastic products — 95 percent of the industry's equipment is imported, much from Western countries. Analysts believe the suspension of imports may lead to catastrophic effects in the industry.
  • What happened to Russia's largest plastics supplier?
  • Russia’s largest materials supplier, Sibur, has seen the same drop. The Russian plastics industry is facing the deepest crisis in its modern history, as the military conflict with Ukraine has led to an almost complete suspension of imports of key raw materials, finished products and crucial technology.
  • Will Russia's plastics market adapt to the current realities?
  • Still, most of Russian analysts believe the domestic plastics market has been generally able to adapt to the current realities. The biggest growth in plastics demand in the next five years will be in construction, automotive and packaging, which traditionally consume up to 70 percent of produced plastics in Russia.
  • Are Russia's 'unfriendly countries' affecting the plastic industry?
  • According to HSE experts, those so-called unfriendly countries accounted for about half of Russian plastic imports (1.4 million tons) and a third of Russian exports (830,000 tons). However the situation has radically changed, as sanctions affected most market segments.
  • How did Western sanctions affect Russia's plastics market?
  • The imposed Western sanctions led to serious turmoil in the Russian plastics market. In general, the cessation of polymer trade with countries that joined the sanctions against Russia cost the country's economy 0.5 percent of GDP.