Plasticizers Market Bonded to a Striking Growth by 2024 India

  • Plasticizers Market Bonded to a Striking Growth by 2024 India
  • Plasticizers Market Bonded to a Striking Growth by 2024 India
  • Plasticizers Market Bonded to a Striking Growth by 2024 India
  • How big is the India plastic industry in 2024?
  • The India Plastic Industry is expected to reach USD 46.48 billion in 2024 and grow at a CAGR of greater than 6.5% to reach USD 52.72 billion by 2029. Jain Irrigation Systems Ltd, Kingfa Science & Technology India Ltd, Mayur Uniquoters Ltd, Nilkamal Ltd and Plastiblends India Ltd are the major companies operating in this market.
  • What is the market outlook for plasticizers in 2024?
  • Plasticizers segment is estimated to lead the industry in 2024. FMI forecasts the plastic additive market is expected to reach US$71.6 billion by 2034 due to rising adoption across industries to replace conventional materials.
  • How much is the plastic additive market worth in 2024?
  • The plastic additive market is estimated to be valued at US$ 45,595.6 million in 2024. There is an increase in the adoption of plastic additives as a replacement for conventional materials across diverse industries.
  • Is the plastic additive industry growing?
  • The comparative analysis of different segments of the packaging industry shows that the plastic additive industry is set to increase at a comparatively slower but steadier pace during the forecast period. This is in comparison to the compostable plastic packaging material industry and the flexible plastic packaging industry.
  • 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.
  • How competitive is the plastic additive market?
  • The plastic additive market is highly competitive. Actions of industry players contribute to their growth, competitiveness, and overall industry impact. Key companies are investing in strategic collaborations to enhance their reach and offer comprehensive options.

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