Plasticizers Market 2027 by Types Application Technology Egypt

  • Plasticizers Market 2027 by Types Application Technology Egypt
  • Plasticizers Market 2027 by Types Application Technology Egypt
  • Plasticizers Market 2027 by Types Application Technology Egypt
  • 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 drives the plasticizers market in Europe?
  • The plasticizers market in Europe is driven by the electronics industry due to increased investment in research and innovations, thereby creating demand for plasticizers and PVCs that are widely used for building wires and cables. To know about the assumptions considered for the study, download the pdf brochure
  • Who are the key players in the plasticizers market?
  • The key players in the Plasticizers market are UPC Technology (Taiwan), ExxonMobil (US), Nan Ya Plastic (Kaohsiung), BASF (Seoul), Eastman Chemical Company (US), Evonik Industries (Germany) , LG Chem ( South Korea), Shandong Hongxin Chemicals (China), Shandong Qilu Plasticizers (China), Aekyung Petrochemical (South Korea).
  • What are the different types of plasticizers?
  • Some plasticizers are also used in rubber products, paints, printing inks, adhesives, and sealants for professional use. Based on the type, they are classified into Phthalates Plasticizers and Non-Phthalates Plasticizers.
  • What are plasticizers used for?
  • Most of the plasticizers are used in the manufacturing of flexible polyvinyl chloride (PVC), also known as vinyl. This flexible PVC is used in applications such as flooring and wall coverings, roofing membranes, electrical cable, and wire insulation, automotive applications, medical devices, synthetic leather goods, and others.
  • Why do plasticizer prices fluctuate?
  • Plasticizers are primarily made from petroleum-based raw materials, with significantly fluctuating prices due to geopolitical tensions, natural disasters, and changes in global demand. This volatility can significantly increase production costs and negatively impact plasticizer manufacturers’ profitability.

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