United States Low Phthalates Plasticizers Market will take Indonesia

  • United States Low Phthalates Plasticizers Market will take Indonesia
  • United States Low Phthalates Plasticizers Market will take Indonesia
  • United States Low Phthalates Plasticizers Market will take Indonesia
  • How much is the global plasticizers market worth in 2023?
  • The global plasticizers market was valued at USD 17.56 billion in 2023. It is estimated to reach USD 29.69 billion by 2032, growing at a CAGR of 6.01% during the forecast period (2024–2032). The global plasticizers market is
  • What is phthalate plasticizers market?
  • 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. PVC items like pipes, wires, vinyl flooring, and automotive parts are among the many products that use phthalates.
  • Why are plasticizers so popular in Indonesia?
  • The nation`s robust construction and manufacturing sectors are driving the demand for plasticizers, with a focus on enhancing the flexibility and durability of various materials. The Indonesia plasticizers market is witnessing growth primarily due to the booming construction and automotive sectors.
  • What is the global plasticizer consumption rate?
  • Overall, global plasticizer consumption will grow at a rate of about 3.5% per year in the next few years. Phthalate esters, based on phthalic acid, are the main types of plasticizers used since they satisfy a broad range of processing and performance requirements, as well as a large number of markets.
  • How big is the Indonesia plastics market in 2024?
  • Images must be attributed to Mordor Intelligence. Learn more The Indonesia Plastics Market is expected to reach 7.04 million tons in 2024 and grow at a CAGR of greater than 4.5% to reach 8.88 million tons by 2029.
  • 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.

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