DOP Plasticizer Market Scope Trkiye

  • DOP Plasticizer Market Scope Trkiye
  • DOP Plasticizer Market Scope Trkiye
  • DOP Plasticizer Market Scope Trkiye
  • What is the global dioctyl phthalate (DOP) market?
  • The global Dioctyl Phthalate (DOP) market stood at approximately 1200 thousand tonnes in 2022 and is anticipated to grow at a CAGR of 4.1% during the forecast period until 2032. Dioctyl phthalate (DOP) is used to make flexible polyvinyl chloride (PVC) plastic. Dioctyl phthalate is one of the commonly employed plasticizers in PVC.
  • What is the global plasticizers market size?
  • 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. Construction is one of the major end-use industries of plasticizers and offers market growth opportunities.
  • Why did the dioctyl phthalate (DOP) price decline in China?
  • As a result, the dealers were under pressure to sell their goods, which ultimately caused the DOP price decline in the Chinese market. The global Dioctyl Phthalate (DOP) market stood at approximately 1200 thousand tonnes in 2022 and is anticipated to grow at a CAGR of 4.1% during the forecast period until 2032.
  • What drives the plasticizers market in Europe?
  • The plasticizers market in Europe is driven by the electronics industry due to increased investment in research and innovations, thereby creating demand for plasticizers and PVCs that are widely used for building wires and cables. To know about the assumptions considered for the study, download the pdf brochure
  • Who dominates the plasticizers market?
  • The Plasticizers market is dominated by a few major players that have a wide regional presence.
  • Why did DOP prices drop in China and India?
  • However, April onwards, price of DOP decreased in both China and India. These countries saw a significant reduction in the use of DOP as PVC in the construction sector. Weak buying sentiment among consumers caused prices to decline even more as a result of the downstream plastic industry's dampened DOP demand in the Chinese market.

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