Plasticizers Market Trends- Forecast Report by top competitors like UPC Group, Exxon Mobil Corporation. , AEKYUNG CO. , BASF SE , NAN YA PLASTICS CORPORATION , Eastman Chemical Company, Evonik Industries AG, LG Chem., Bloomberg L.P

The global plasticizers market is expected to reach USD 18,995 million by 2025, from USD 16,359 million in 2017, growing at a CAGR of 3.5 % during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016; the base year of calculation is 2017and the forecast period is 2018 to 2025.

Plasticizers are additives that increase the plasticity or decrease the viscosity of a material. These are the substances which are added in order to alter their physical properties. These are either liquids with low volatility or solids. They decrease the attraction between polymer chains to make them more flexible. Over the last 60 years more than 30,000 different substances have been evaluated for their plasticizing properties. Of these, only a small number – approximately 50 – are today in commercial use. The dominant applications are for plastics, especially polyvinyl chloride (PVC). The properties of other materials may also be modified when blended with plasticizers including concrete, clays, and related products. According to 2014 data, the total global market for plasticizers was 8.4 million metric tonnes including 1.3 million metric tonnes in Europe.

This market report defines the market trends and forecast the upcoming opportunities and threats of the plasticizers market in the next 8 years. Plasticizers are colorless and odorless preservatives, mainly phthalates which increase the life of the material. Plasticizers make PVC softer, elastic and malleable. Production of flexible polyvinyl chloride (PVC), include 90 % of plasticizers that is also known as vinyl. There are more than 300 various types of plasticizers out of which 50-100 are basically used for commercial purpose. The most commonly used plasticizers are phthalates and adipates. A plasticizer can be a non-surface active compound or an active substance which is further mixed with a suspension in order to increase the separation of elements.

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Major Market Competitors:

  • UPC Group
  • Exxon Mobil Corporation
  • AEKYUNG CO
  • BASF SE
  • NAN YA PLASTICS CORPORATION
  • Eastman Chemical Company
  • Evonik Industries AG
  • LG Chem.
  • Bloomberg L.P.
  • Chemamde
  • DIC CORPORATION
  • Jiangsu Zhengdan Chemical Industry Co
  • Kao Corporation
  • KLJ Group
  • LANXESS
  • OXEA GmbH
  • Polynt
  • Velsicol Chemical LLC

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The global plasticizers market is consolidated due to the presence of limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

Major Market Drivers and Restraints:

  • Increasing in demand for flexible PVC.
  • Rising demand from construction industry.
  • Impact analysis.
  • Use of HMW phthalates and non-phthalates increasing.
  • Toxicity of PVC.
  • Government regulations on phthalates.
  • Effect of plasticizers on non-PVC components.

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Market Segmentation:

The global plasticizers market is segmented based on

  • type, application and geographical segments.

Based on type, the global plasticizers market is segmented into

  • phthalates plasticizers  and non-phthalates plasticizers.The phthalates plasticizers is further sub segmented into DO,  DINP/DIDP/DPHP and the non-phthalates plasticizers  is sub segmented into DOTP,adipates, trimellitate, epoxies, and benzoates.

On the basis of application, the global plasticizers market is classified into

  • flooring & wall covering, wire & cable, coated fabric, consumer goods, film & sheet, and others

Based on geography, the global plasticizers market report covers data points for 28 countries across multiple geographies such as

  • North America, South America, Europe, Asia-Pacific and Middle East & Africa.

Some of the major countries covered in this report are

  • U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

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Posted by on Saturday March 16 2019, 8:00 AM EDT. All trademarks acknowledged. Filed under Chemicals & Materials. Comments and Trackbacks are open. Follow responses: RSS 2.0

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