Global Plasticizers Market Summary –
The global plasticizers market is predicted to rise 11.3 percent from $78.91 billion in 2020 to $87.81 billion in 2021. As a result of the COVID-19 impact, enterprises have rearranged their operations and recovered from operational issues caused by social distancing, remote working, and the shutdown of commercial activity. The market is estimated to hit $93.77 billion in 2025, growing at 2%. Plasticizers are chemicals added to polymers like plastics and rubbers to improve their physical qualities. This chemical can be blended with another (generally sticky) substance called a resin to make it more flexible or less brittle. Some people use plasticizers on polymer clay sculptures to prevent cracking when drying on a stand.
Chemicals used to promote material plasticity and flexibility. These additives are used to make polymers or rubber appropriate for pipes, hoses, cables, etc. Plasticizer demand has increased, particularly for PVC applications. Growth is projected to be driven by rising demand for products such as pipes.
The COVID-19 pandemic has harmed the worldwide plasticizer market. The pandemic hit China hard, causing havoc in the global supply system. China is a major supplier of both plasticizers and raw ingredients. The significant stagnation in raw material and end-product supply has hampered total market revenues.
Biopolymers are chemicals applied to polymers like plastics and rubber to make them softer and more flexible. Plasticizers are also commonly used to reduce viscosity and promote plasticity of materials. They are also commonly utilised to reduce friction during manufacturing. Their liquids are normally colourless and odourless
Global Plasticizers Market Report Segments –
The market is segmented by Type Low Phthalates, High Phthalates, Non-phthalates and By Application Flooring & Wall Coverings, Film & Sheet, Wire & Cable, Coated Fabric, Consumer Goods, Others.
Companies Profile –
UPC Group
Bluesail
Exxonmobil
Henan Qing’an Chemical Hi-Tech
Nan Ya Plastics
Aekyung Petrochemical
Evonik
Hongxin Chemical
Anqing Sheng Feng Chemical
Basf
Eastman
Lg Chem
Perstorp
Sinopec Jinling
Guangdong Rongtai
Zhejiang Jianye Chemical
Deza
By Type –
Low Phthalates
High Phthalates
Non-phthalates
By Application –
Flooring & Wall Coverings
Film & Sheet
Wire & Cable
Coated Fabric
Consumer Goods
Others
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Global Plasticizers Market Regional Analysis –
The market is anticipated throughout the entire forecast period. The report covers the following countries: United States, Canada, and Mexico in North America; Germany, France, United Kingdom, Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe; Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC); Saudi Arabia, United Arab Emirates, South Africa, Egypt, Israel, Rest of Middle East.
Global Plasticizers Market Report Highlight –
The market structure and projections for the coming years.
Drivers, restraints, opportunities, and current trends of Plasticizers Market.
Historical data and forecast.
Estimations for the forecast period 2028.
Developments and trends in the market.
