Plasticizers Market worth $21.30 billion by 2027

The plasticizers market is projected to reach USD 21.30 billion by 2027, at a CAGR of 5.7% during the forecast period.

The report "Plasticizers Market by Type (Phthalates, Non-Phthalates), Application (Flooring & Wall Covering, Wire & Cable, Coated Fabric, Consumer Goods, Film & Sheet), and Region (APAC, Europe, North America) - Global Forecast to 2027"

Browse 114 tables and 29 figures spread through 126 pages and in-depth TOC on "Plasticizers Market by Type (Phthalates, Non-Phthalates), Application (Flooring & Wall Covering, Wire & Cable, Coated Fabric, Consumer Goods, Film & Sheet), and Region (APAC, Europe, North America) - Global Forecast to 2027"

The rising demand for plasticizers for the manufacture of flexible PVC is expected to drive the plasticizers market during the forecast period. The manufacture of flexible PVC consumes about 85% of the global plasticizers market. The necessity to soften plastics for usage in various applications, such as wire & cable, film & sheet, and flooring & wall covering, among others by increasing the flexibility of plastics, have resulted in high demand for plasticizers.

On the basis of types, the phthalates segment is estimated to lead the plasticizers market

Phthalates is the largest segment of the plasticizers market, owing to availability at cheap rates and wide usage in various industries. Dioctyl Phthalate (DOP) and Diisononyl Phthalate (DINP) / Diisodecyl Phthalate (DIDP) / Di(2-propylheptyl) Phthalate (DPHP) are the most commonly used phthalate plasticizers in the market. Their excellent properties, such as high durability, stability, and strong performance are also driving the phthalates market.

On the basis of applications, the flooring & wall covering segment is expected to lead the plasticizers market during the forecast period

Flooring & wall covering is the largest segment of the plasticizers market, due to the rise in construction across the globe along with an increased need for renovation and maintenance of existing buildings, which are expected to drive demand during the forecast period.

The plasticizers market in APAC is projected to grow at the highest CAGR during the forecast period

APAC is the largest and the fastest-growing market for plasticizers due to the rising demand for flexible PVC in the region. Increasing construction activities and demand for automotive are expected to drive the market for plasticizers. The region is projected to be the fastest-growing market due to rising construction activities, especially in the residential sector, increasing automotive production, and industrialization. China was the largest market for plasticizers in the APACi during the forecast period.

Key players in the plasticizers market

Key players operating in the plasticizers market are UPC Technology Corporation (Taiwan), Exxon Mobil Corporation (US), Aekyung Petrochemical Co., Ltd (South Korea), BASF SE (Germany), and Nan Ya Plastics Corporation (Taiwan). These companies undertake dynamic business strategies to sustain their growth in the plasticizers market.

Don’t miss out on business opportunities in Plasticizers Market . Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

 Plasticizers Market Size,  Share & Growth Report
Report Code
CH 3073
PR Published ON
Choose License Type
Request Customization
Speak to Analyst
Speak to Analyst
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
  • What are the Known and Unknown Adjacencies Impacting the Plasticizers Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
©2023 MarketsandMarkets Research Private Ltd. All rights reserved Protection Status

Digital Virtual Assistant - MarketsandMarkets