Plasticizers Market Demand Rising in Industry with Top Competitors Bloomberg L.P., Chemamde, DIC CORPORATION, Jiangsu Zhengdan Chemical Industry Co, Kao Corporation and Global Forecast to 2025

Global Plasticizers Market research studies several features of business environment, such as competitors, market structure, government regulations, economic trends, technological advances and financial analysis of companies, industries, and sectors. This helps businesses in the decision-making process of planning and implementing strategies for their markets.

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Global Plasticizers Market is expected to reach USD 18,995 million by 2025, from USD 16,359 million in 2017, growing at a CAGR of 3.5 % during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016; the base year of calculation is 2017and the forecast period is 2018 to 2025.

Market Definition:

This market report defines the market trends and forecast the upcoming opportunities and threats of the plasticizers market in the next 8 years. Plasticizers are colorless and odorless preservatives, mainly phthalates which increase the life of the material. Plasticizers make PVC softer, elastic and malleable. Production of flexible polyvinyl chloride (PVC), include 90 % of plasticizers that is also known as vinyl. There are more than 300 various types of plasticizers out of which 50-100 are basically used for commercial purpose. The most commonly used plasticizers are phthalates and adipates. A plasticizer can be a non-surface active compound or an active substance which is further mixed with a suspension in order to increase the separation of elements. It helps to increase the plasticity of the materials. Plasticizers may include one or more surfactants and it can also be gas. There are various applications of plasticizers like floor walls and coverings, wires and cables, consumer goods, and films, out of which floor walls and coverings, plastic product are considered to lead the market, and around 87% of plasticizers are used in these industry. According to a recent report, Eastman Chemical have more than 50 years of experience in providing large range of non-phthalate plasticizers in the industry. It also delivers wide range of polymeric plasticizers for various applications. Eastman’s new product general purpose plasticizers provide excellent low-temperature flexibility, heat stability that involve very low plasticizer migration and also extend the product stability.

Major Market Competitors:

• UPC Group,
• Exxon Mobil Corporation. ,
• AEKYUNG CO.,
• BASF SE,
• NAN YA PLASTICS CORPORATION ,
• Eastman Chemical Company,
• Evonik Industries AG,
• LG Chem.,
• Bloomberg L.P.,
• Chemamde,
• DIC CORPORATION,
• Jiangsu Zhengdan Chemical Industry Co,
• Kao Corporation,
• KLJ Group,
• LANXESS ,
• OXEA GmbH,
• Polynt ,
• Velsicol Chemical LLC

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Major Market Drivers and Restraints:

• Increasing in demand for flexible PVC.
• Rising demand from construction industry.
• Impact analysis.
• Use of HMW phthalates and non-phthalates increasing.
• Toxicity of PVC.
• Government regulations on phthalates.
• Effect of plasticizers on non-PVC components.

Competitive Landscape:

The global plasticizers market is consolidated due to the presence of limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

Market Segmentation:

The global plasticizers market is segmented based on type, application and geographical segments.

Based on type, the global plasticizers market is segmented into phthalates plasticizers and non-phthalates plasticizers .The phthalates plasticizers is further sub segmented into DO, DINP/DIDP/DPHP and the non-phthalates plasticizers is sub segmented into DOTP, adipates, trime llitate, epoxies, and benzoates.

On the basis of application, the global plasticizers market is classified into flooring & wall covering, wire & cable, coated fabric, consumer goods, film & sheet, and others

Based on geography, the global plasticizers market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

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