Additives in Transition: New Ceresana Report on the World Market for Plasticizers


Posted July 21, 2022 by Ceresana

This is the sixth time Ceresana has analyzed the world market for plasticizers. The market researchers forecast that demand for these additives will increase to a total of around 11.2 million tonnes by 2031.

 
Sugar in flooring or packaging films? Researchers are working on bio-based plasticizers made from waste from the production of food and wood. However, until now, these chemicals have been almost exclusively made from petroleum, and are added in large quantities to plastics, elastomers, paints and coatings, adhesives, and even deodorants and perfumes.

PVC Plastics Are the Largest Area of Application

In 2021, around 7.7 million tonnes of plasticizers were needed to make plastic products more pliable, soft and elastic. Polyvinyl chloride, which is hard and brittle in itself, would often be useless without plasticizers: soft PVC consists of up to 50% plasticizers. Last year, 2.37 million tonnes of these additives were used for plastic films alone, closely followed by cables and profiles. Until 2031, Ceresana expects the highest growth rate in plasticizer demand for the application area films (3.0%). Currently, Asia-Pacific accounts for almost two-thirds of plasticizer consumption. Ceresana expects this region to continue to record above-average growth rates in the coming years – so that the consumption of plasticizers there is expected to rise to 7.4 million tonnes.

Wanted: Plasticizer Without Phthalates

Plasticizers can evaporate from the end products, wash out or spread, for example, through abrasion of plastic particles. Phthalates in particular, which are considered harmful to health and the environment, have now been banned for many applications. Nevertheless, DEHP (bis(2-ethylhexyl) phthalate) remained the most widely used plasticizer in 2021, accounting for 3.18 million tonnes worldwide. The two phthalates DINP (diisononyl phthalate) and DIDP (diisodecyl phthalate) collectively accounted for around 31% of the total plasticizer market. However, plastics processors are increasingly looking for more environmentally friendly alternatives. Ceresana analysts expect demand for phthalate-free plasticizers to increase by 3.9% per year to around 2.6 million tonnes.

Current Market Analysis on Plasticizers

Chapter 1 of Ceresana's new study provides an outline and analysis of the global plasticizers market - including forecasts up to 2031: demand in tonnes and revenues in USD and EUR are detailed for each region of the world. Furthermore, the global and regional demand per product type and per application area is analyzed.
The following plasticizer types are considered in detail: DEHP, DINP and DIDP, other phthalates, plasticizers without phthalates. The study examines the different application areas for plasticizers: profiles, films, cables, floorings, other plastic products, elastomers, paints and coatings, adhesives.
Chapter 2 provides demand and revenue figures for a total of 44 countries. Additionally, the demand in the individual application areas is analyzed in detail for the individual countries.
Chapter 3 provides useful company profiles of the most important plasticizer manufacturers, clearly arranged by contact details, revenues, profit, product range, production sites and brief profile. Detailed profiles are provided by 79 manufacturers.
Further Information about the Market Study “Plasticizers” (6th Edition): https://www.ceresana.com/en/market-studies/chemicals/plasticizers/


About Ceresana
As one of the world's leading market research institutes, Ceresana specializes in the chemicals, plastics, packaging and industrial goods sectors. Since 2002, companies have benefited from high-quality industry analyses and forecasts. Over 200 market studies provide more than 10,000 clients around the world with the knowledge base for sustainable success.
More about Ceresana at www.ceresana.com
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Issued By Ceresana
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78464 Konstanz
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Categories Business , Industry , Manufacturing
Tags additives , chemicals , elastomers , manufacturers , paints , plasticizers , plastics , producers
Last Updated July 21, 2022