Non-phthalate Plasticizer Market Size Indonesia

  • Non-phthalate Plasticizer Market Size Indonesia
  • Non-phthalate Plasticizer Market Size Indonesia
  • Non-phthalate Plasticizer Market Size Indonesia
  • What is the market size of non-phthalate plasticizers?
  • [144 Pages Report] The market size of non-phthalate plasticizers is estimated at USD 3.1 billion in 2020 and is projected to reach USD 3.9 billion by 2025, at a CAGR of 4.6%.
  • Which companies manufacture plasticizers in Indonesia?
  • Key players in this sector include Indo-Rama Synthetics (Indonesia) Tbk and PT Lautan Luas Tbk. These companies manufacture various types of plasticizers, including phthalate and non-phthalate plasticizers, which are essential in the production of plastics and rubber products used across various industries in the country.
  • Why is the demand for non-phthalate plasticizers growing?
  • The growing demand for non-phthalate plasticizers is due to the stringent regulations on the phthalate plasticizers and the growing awareness about the harmful effects over the use of phthalate plasticizers. Flooring & wall coverings is estimated to be the largest application of non-phthalate plasticizers.
  • How Indonesia's plasticizers market is reviving?
  • As construction projects resumed and the automotive industry recovered, the market for plasticizers displayed a gradual rebound. Indonesia`s plasticizers market has seen substantial growth in recent years. Key players in this sector include Indo-Rama Synthetics (Indonesia) Tbk and PT Lautan Luas Tbk.
  • 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.
  • Who dominates the plasticizers market?
  • The Plasticizers market is dominated by a few major players that have a wide regional presence.

Recommended hot-selling products