factory supply Vinyl Flooring Plasticizers Market

  • factory supply Vinyl Flooring Plasticizers Market
  • factory supply Vinyl Flooring Plasticizers Market
  • factory supply Vinyl Flooring Plasticizers Market
  • What is the global plasticizers market size?
  • The global plasticizers market size will grow from $93.47 billion in 2022 to $100.74 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term.
  • What is the market size of plasticizers in 2027?
  • The market size of the global plasticizers is expected to grow from $132.63 billion in 2027 at a CAGR of 7.1%. Rising demand for flexible polyvinyl chloride (PVC) contributes to the growth of the plasticizer market. Flexible PVC is softer than unplasticized polyvinyl chloride (uPVC) due to the addition of plasticizers.
  • What is phthalate plasticizers market?
  • On the basis of product, the global plasticizers market is segmented into Phthalate, Non-Phthalate, and Others. Among these, the phthalate plasticizers segment is dominating the market over the forecast period. PVC items like pipes, wires, vinyl flooring, and automotive parts are among the many products that use phthalates.
  • Who makes plasticizers?
  • Lanxess AG, LG Chem, Ltd., Mitsubishi Chemical Holdings Corporation, KLG group, Nan Ya Plastics Corp and others. These industries are constantly attempting to capitalise on the growing demand for plasticizers by producing and maintaining supply chain as much as possible.
  • Which region will dominate the plasticizers market in the forecast period?
  • Based on regional analysis, Asia-pacific is expected to dominate the Plasticizers market in the forecast period. The rise in the number of automotive and construction activities is driving the growth of the plasticizer market.
  • What is driving the growth of the plasticizer market?
  • The rise in the number of automotive and construction activities is driving the growth of the plasticizer market. Also, the use of plasticizer in wall and floor coverings, consumer goods, coated fabrics, film and sheet, among others is also likely to boost the demand in the region.

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