South Korea: plasticizer domestic demand 2024 Chile

  • South Korea: plasticizer domestic demand 2024 Chile
  • South Korea: plasticizer domestic demand 2024 Chile
  • South Korea: plasticizer domestic demand 2024 Chile
  • 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.
  • Which region is the fastest growing plasticizer market?
  • Further, the US plasticizer market held the largest market share, and the Canada plasticizer market was the fastest growing market in the region Europe Plasticizer Market is expected to grow at the fastest CAGR from 2022 to 2030 due to quick industrialization and significantly rising polymer demand from diverse end-sectors.
  • Why is China a leading market for plasticizers?
  • Globally, China is the leading market in terms of demand, production, and commercialization of plasticizers. This is due to rapid economic growth, the booming manufacturing industry, rapid urbanization, and the growing construction and automotive sectors in the country.
  • 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.
  • How will India's expansion affect plasticizer market?
  • Furthermore, it improves the packaging's aesthetic appeal. India's packaging market is predicted to reach US$204.81 billion by 2025, according to the Packaging Industry Association of India (PIAI). As a result, the packaging sector's expansion will undoubtedly boost PVC demand, which in turn will drive the plasticizer market's expansion.
  • Does South Korea have a plastic industry?
  • While plastic production, particularly with packaging, has complimented South Korea's consumerist lifestyle, plastic manufacturers have begun looking into developing new processes to reduce or reuse waste materials coming from plastics. Discover all statistics and data on Plastics industry in South Korea now on statista.com!

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