good stability Global Plasticizers Industry-Yahoo

  • good stability Global Plasticizers Industry-Yahoo
  • good stability Global Plasticizers Industry-Yahoo
  • good stability Global Plasticizers Industry-Yahoo
  • What is the global plasticizers market size?
  • The global plasticizers market size was valued at USD 17.34 billion in 2022 and is projected to grow from USD 17.99 billion in 2023 to USD 23.88 billion by 2030, exhibiting a CAGR of 4.1% during the forecast period. Asia Pacific dominated the plasticizers market with a market share of 59.17% in 2022.
  • What will China's plasticizer industry look like in the future?
  • This will be the major task for Chinese plasticizer and soft PVC industries in the future. Phthalate plasticizers will still be the dominant type and production volume globally in the future, but those of long-chain (C 9 –C 10) alcohol-based esters and non-phthalate plasticizers will increase largely.
  • How can plasticizer industry expand international market shares?
  • The technological level and product competitiveness need to be improved to expand the international market shares and enable adequate space for our plasticizer industry. In 2016, Zhiyu Zhao from Qingdao University of Science and Technology carried out the “Investigations of Production of Environmentally Friendly DEHCH” .
  • What is the global demand for plasticizers?
  • By 1999, the global demand for plasticizers had increased to 10.1 billion pounds, worth about US $7 billion, while the total plasticizer demand in North America was 2.2 billion pounds . Europe, North America, and Japan are currently the major consumers of plasticizers, and account for 28, 22, and 10% of the global demand, respectively.
  • 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.
  • Which region has the largest plasticizers market in 2023?
  • Asia-Pacific was the largest region in the plasticizers market in 2023. North America was the second-largest region in the global plasticizers market. The regions covered in the plasticizers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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