The report about Plasticizers Market by Market Research Future estimates that, globally Plasticizers market was valued at USD 16,450 Million in 2016 and is likely to reach USD 18,500 million in 2022, expanding at CAGR of 2.2% between 2016 and 2022.
Market Synopsis of Plasticizers Market:
Globally, the market for Plasticizers is anticipated to grow at a CAGR of 2.2% during the forecast period (2016-2022). Plasticizers are organic ester additives, which are added to polymers to enrich the performance of the polymeric material, by enhancing various properties such as, flexibility, diffusivity, heat resistance, stability and toughness. Based on the synthesis steps, plasticizers are classified into polymeric and monomeric plasticizers. Plasticizers are mainly used with PVC, thus altering the characteristics and performance of the PVC for different applications. Some of the important applications of plasticizers includes, flooring, wall covering, roofing membranes, electrical cable & wires, automotive, medical devices among others. Globally, 75-85% of plasticizers used are phthalate type, used commonly with PVC applications.
Globally, plasticizers market was valued at USD 16,450 Million in 2016 and is likely to reach USD 18,500 million in 2022, expanding at CAGR of 2.2% between 2016 and 2022. Asia-Pacific region is the dominating plasticizers market with an estimated highest market size and it is anticipated to continue its dominance throughout the forecast period. In Asia Pacific, China market has represented the largest market in 2015 and is expected to reach in millions by 2022 due to the rapid growth in the automotive sector region along with growth of other industrial sectors in the region. Whereas, the developed markets such as North America and Europe markets is anticipated to register a slow growth.
Latin America, Middle East and Africa are emerging region in this market, these regions being in the developing stage provide lucrative opportunities for plasticizers manufacturers, as the above mentioned regions being the sweet spot for expansion, majority of automotive manufacturers and other key industries are being established in these regions.
Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/2295
The key players in market includes Nan Ya Plastics, Union Petrochemical Corp., Dahin Co., Aekyung Industrial Co., LG Chemical, Exxon Mobil Corporation, Eastman Chemical Company, BASF, Evonik Industries, Bluesail Chemical Groups and others.
- Manufacturers and distributors of plasticizers.
- Suppliers and traders of plasticizers.
- Government, associations and industrial bodies.
- Investors and Trade experts.
- Consulting in chemical experts.
Study Objectives of Plasticizers Market:
- To study detail of plasticizers market by type, by application and by region in forecasted period 2022.
- To identify the market dynamics of plasticizers market dynamics by drivers, restrains, opportunities and challenges.
- To analyze various factors like value chain analysis and porters five forces model.
- To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
- To track mergers and acquisitions, strategic alliances, new product development of specified company.
Browse Report Details @ https://www.marketresearchfuture.com/reports/plasticizers-market
The report covers brief analysis of geographical region includes
- Rest of Europe
- Rest of Asia-Pacific
- South America
- Middle East
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune – 411028
+1 646 845 9312