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Plasticizers Market Report
Plasticizers Market Size, Share, Trend, Forecast, & Industry Analysis – 2021-2026
Plasticizers market is expected to witness a healthy CAGR of 5.9% during the forecast period. The increasing demand for plasticizers is mainly due to their wide applicability in applications, such as coated fabric, consumer goods, film & sheet, flooring & wall covering, wire & cable, and others.
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Plasticizers Market - Snapshot |
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Growth |
5.9% for the next five years |
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Major Product Type |
Phthalates Plasticizers |
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Dominant Application Type |
Flooring & Wall Covering |
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Region with the highest demand |
Asia-Pacific |
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Key Players |
Aekyung Petrochemical Co., BASF SE, Eastman Chemical Company, Evonik Industries AG, Exxon Mobil Corporation, LG Chem Ltd., Nan Ya Plastics Corporation, Shandong Hongxin Chemicals Co.,Ltd., Shangdong Qilo Plasticizers, and UPC Technology Corp. |
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Based on the product type, the market is segmented as phthalates plasticizers and non-phthalates plasticizers. The phthalates plasticizers segment held the larger share of the market due to wide usage of plasticizers in a large number of industries, and their availability at an economical cost. DOP DINP/DIDP/ DPHP are some of the majorly used plasticizers in the market.
Based on the application type, the plasticizers market is segmented as flooring & wall covering, wire & cable, coated fabric, consumer goods, film & sheet, and others. The flooring & wall covering segment leads the market owing to increasing spending power of people, which is giving rise to construction activities, globally. Usage of plasticizers in both, new construction as well as for maintenance and renovation of old buildings, is attributing to the increasing demand for plasticizers.
In terms of regions, Asia-Pacific is estimated to be the largest as well as the fastest-growing plasticizers market during the forecast period, with China, Japan, India, and Australia being the major countries. The region’s market growth is owing to the increasing per-capita income of countries, huge growth of the construction industry in the region, and presence of a large number of plasticizer manufacturers in countries. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.
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Plasticizers are liquids with non-volatility or solid organic substances, additives that decrease the viscosity of a material. They help improve the polymer's and are added in order to alter their physical properties like flexibility, extensibility, and processability.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Plasticizers Market Research Report - Features |
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Market Segmentation |
3 |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
17 |
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No. of Figures & Tables |
>150 |
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Company Profiles |
10 |
The plasticizers market is segmented into the following categories.
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Some of the major plasticizer manufacturers are-
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com
The plasticizers market is expected to witness an impressive growth of 5.9% CAGR in the foreseeable future.
Aekyung Petrochemical Co., BASF SE, Eastman Chemical Company, Evonik Industries AG, Exxon Mobil Corporation, LG Chem Ltd., Nan Ya Plastics Corporation, Shandong Hongxin Chemicals Co., Ltd., Shangdong Qilo Plasticizers, and UPC Technology Corp are among the key players in the plasticizers market.
Asia-pacific is expected to remain the largest plasticizers market during the next five years.
The flooring & wall covering segment leads the plasticizers market.
The phthalates plasticizers segment held the largest share of the plasticizers market.
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