good price Global Plasticizers Industry-Yahoo

  • good price Global Plasticizers Industry-Yahoo
  • good price Global Plasticizers Industry-Yahoo
  • good price Global Plasticizers Industry-Yahoo
  • 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.
  • 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.
  • Which segment is dominating the global plasticizers market over the forecast period?
  • Phthalate plasticizers segment is dominating the market over the forecast period 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.
  • Who is the largest shareholder in the plasticizers market?
  • Asia Pacific is the highest shareholder in the global market. The construction industry's demand for flexible and durable materials is a significant driver for the plasticizers market. Plasticizers are crucial in manufacturing flexible polyvinyl chloride (PVC), widely used in cables, flooring, and wall coverings.
  • Why are plasticizers so popular in China?
  • The country's ambitious Belt and Road Initiative and ongoing urbanization projects are significant contributors to the demand for plasticizers. In 2020, China's construction industry alone accounted for approximately 25% of the global construction market.
  • How volatile is the plasticizers market?
  • With such a diverse range of applications, the plasticizers market can be volatile as it reacts to consumer trends, seasonality and regional supply. Buyers, sellers and traders must act quickly to make the most of market opportunities. This means constant access to the most current prices and data is key.

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