industrial grade Global Plasticizers Industry-Yahoo

  • industrial grade Global Plasticizers Industry-Yahoo
  • industrial grade Global Plasticizers Industry-Yahoo
  • industrial grade 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 growth rate of plastic additives market?
  • Plastic additives market from the plasticizers segment is estimated to register 5% CAGR from 2023 to 2032. Eco-friendly plasticizers are anticipated to be the future of plasticizer businesses as companies are focusing from an environmental perspective.
  • 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.
  • What is the growth rate of Asia Pacific plastic additives market?
  • Asia Pacific plastic additives market is projected to record over 4% CAGR from 2023 to 2032 propelled by expanding population across China, India, and Southeast Asia. The manufacturing and construction sectors of the region are expanding drastically favored by government support.
  • Who are the major players in the global plasticizers market?
  • Major players operating in the Global Plasticizers market BASF SE , ExxonMobil Chemical, Eastman Chemical Company, Ineos Group, and UPC Group , Arkema S.A , Blue sail Chemical Group, and Clariant International. Lanxess AG, LG Chem, Ltd., Mitsubishi Chemical Holdings Corporation, KLG group, Nan Ya Plastics Corp and others.
  • 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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