Plasticizers Market is projected to grow at a CAGR of 5.8% by 2030 | ChemAnalyst

Posted August 5, 2021 by chemanalystreports

Global Plasticizers Market has shown a significant growth in historic period and is projected to achieve a healthy CAGR of 5.8% during the forecast period 2022-2030.

According to ChemAnalyst report, “Global Plasticizers Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, Global Plasticizers market has shown a significant growth in historic period and is projected to achieve a healthy CAGR of 5.8% during the forecast period 2022-2030. Growing demand of plasticizers due to its versatile properties as an additive in different polymers especially in PVC by agriculture and construction sector is likely to bolster the global plasticizers market in upcoming years. Plasticizers are highly operative in various sectors including automotive, electronic, coatings, floorings and others.

Get more information:

Plasticizers are liquid or solid substances that are colorles, odorless and non-volatile in nature. They are usually added in different polymers in order to increase their stretchability, flexibility, processability and durability. On adding, they tend to minimize the Glass Transition Temperature (Tg) and viscosity of polymers to make it suitable for the film coating. They are among the widely researched chemical. Plasticizers when combined with plastic, strengthen the thermoplasticity and boosts the fabrication quality. Plasticizers act as a lubricant between segments of polymer chain thus provide greater mobility. Polymers would become extremely bis highly dependent on the end use industries for manufacturing films & sheet material as it exhibits good compatibility and barrier characteristics such as weather resistance and good heat stability. Plasticizers are generally produced by the reaction of alcohol with different acids such as phthalic anhydride and olefins. The plasticizers Industry is currently fascinated by bio-based and renewable plasticizers that can be a safe alternative for the environmental footprint. uprise in the demand of Polyvinyl Chloride (PVC) by major end-user industries like construction, automotive and electronics is expected to boost the Plasticizers market worldwide.

Depending upon the chemical composition and properties, Plasticizers can be classified as Phthalate Esters, Aliphatic dibasic acid Esters, Benzoate Esters, Trimellitate Esters, Polyester, epoxy esters, alkyl sulfonic acid phenyl ester, chlorinated plasticizers, polyol esters, Bio Plasticizers and others. Due to its properties such as high resilience, stability, and improved efficiency, phthalates are the most used compound in Plastic Industry. Out of all the applications, plasticizers are extensively utilized in the manufacturing of PVC which is among the highly used polymers in the world. PVC is widely used in Industrial, technical and commercial applications such as water pipelines, drainage pipes, PVC films, flooring and wall coverings, paint, footwear, automobile interior and others. The demand of PVC is largely driven by the construction, infrastructure and automotive sector.

Request Sample:

According to National Toxicology Programme (NTP), Plasticizers are considered as a potent carcinogen. The International Agency for Research on Cancer (IARC) reported that a type of phthalate and diethylhexyl phthalate (DEHP) is classified as a potential cause for cancer as an additive in plastics. Exposure through different routes can induce tumour and cause adverse health effects as it can be a serious environmental pollutant. Ban on the use of phthalate plasticizers in the use of toys have been implemented in 2020.

Due to the consequence of Global crises, there was nationwide lockdowns around the world which impacted several industries and their economy in terms of sales and distribution. Low demand due to global crises hindered the usage of PVC in in construction and infrastructure sector. However, the continuous growing demand of bio plasticizers by many industries will propel the global plasticizers market.

Region wise, Asia Pacific region holds the largest share of the global Plasticizers market due to advancements in construction and automotive sector. Increasing demand of green fuels is also a factor driving demand growth in Europe during the forecast period. North America is also a big contributor of bio-based plasticizers.

According to ChemAnalyst report, Global Plasticizers Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Application, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, some of the major players operating in Global Plasticizers market are Dow Chemical Company, Arkema S.A., BASF SE, Evonik Industries Ag, LG CHEM LTD., Exxon Mobil Corporation, Eastman Chemical Company, Ineos Group, UPC GROUP , Shandong Hongxin Chemicals, Bluesail and Others.

“Being linked to the downstream application such as PVC, automotive and coatings etc, the Global Plasticizers Industry has shown a tremendous growth along with the growing population and changing in the preference of consumer. It is projected that India is likely to become the world's fifth largest consumer market by 2025. In addition, growing per capita income worldwide poised a stronger outlook to the country’s acetone demand. The nationwide lockdowns around the world affected the supply chain logistics and happens to cause immediate shortage of raw materials hence increased the prices of Plasticizers. Meanwhile, China serves as the major holder as well with sufficiently installed capacities. With new competitors emerging across the Plasticizers market, it is extremely important to keep an eye on which region will grab the biggest market shareduring the forecast period.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.

Browse Related Reports

Global Poly Vinyl Chloride (PVC): Capacity, Production, Operating Efficiency, Demand & Supply, Type, End Use, Application, Sales Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030

Global Epoxy Resin Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030

About Us

ChemAnalyst is a leading provider of chemical commodity prices in more than 12 countries since from last 4 Years. The company has emerged as a preferred pricing supplier amongst Procurement Managers and Strategy Professionals globally who wants to track near real time prices of chemicals on its interactive dashboard. Unlike most of its competitors such as ICIS, IHS & S&P Platts the company doesn’t believe in delivering prices in PDF reports. The company has developed proprietary algorithm based online subscription platform in which users can track years of historical prices of more than 250 chemical commodities. In addition, since it’s all online, the users cannot just compare prices across multiple countries but also with other commodities and play with the data by generating multiple graphs to find out amazing insights. The users get access to grade wise CIF, CFR & Ex Works prices at multiple ports in each country.

ChemAnalyst also provides market analysis for more than 1000+ chemical commodities such as Production, Demand, Supply, Plant Operating Rate, Imports, Exports, Suppliers, Customers and much more. The company has created online interactive dashboard in which customers can access all this data instantly with a click of a button. The users will not only be able to analyse historical data for past years but will also get to analyse short term and long-term forecasts for coming years. With the access to local field teams, the company can provide high quality reliable market analysis data for more than 20 countries.

ChemAnalyst is a one stop solution for all the data related needs. We at ChemAnalyst are committed to assist customers worldwide with their data and insights needs using our comprehensive online platform.

For more information, please visit us at

Contact Us:

Nilesh Vishwakarma

B-44 Sector-57 Noida,

National Capital Region

Tel: 0120-4523948

Mob: +91-8882336899

Email: [email protected]

Connect with us on LinkedIn -

Connect with us on Twitter-
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Nilesh Vishwakarma
Phone 6468620089
Business Address B-44 Sector-57 Noida,
National Capital Region
Country United States
Categories Business
Tags plasticizers market
Last Updated August 5, 2021