good stability Vinyl Flooring Plasticizers Market

  • good stability Vinyl Flooring Plasticizers Market
  • good stability Vinyl Flooring Plasticizers Market
  • good stability 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 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.
  • Why are flexible plasticizers limited in their end use?
  • Most flexible plastics are limited in their end use because plasticizers are generally low-to-medium MW chemicals with measurable vapor pressure below their boiling points.
  • Why do we use plasticizers in the manufacturing of polyvinyl chloride (PVC)?
  • The majority of Plasticizers are utilized in the manufacturing of Polyvinyl chloride (PVC) to enhance its durability. The demand for Plasticizer’s manufacturing process optimization in terms of environmental impact reduction and structural element reliability and safety has increased significantly in past few years.

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