Press release
Plastisols Market Overall Growth Factors, Applications, Regional Analysis, Key Players (hubergroup Deutschland GmbH, PolyOne Corporation, PolyBlend UK Ltd., Croda International Plc, Lancer Group International, Fujifilm Holdings Corporation) and Forecasts
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On the basis of application, the plastisols market is segmented into coatings, textile screen printing, moldings, and adhesives and sealants. Of these, textile screen printing is expected to be the fastest growing category during the forecast period, with a CAGR of 7.7% in terms of volume. Growing adoption of textile screen printing in apparels is fueling the market growth in the region.
In terms of industry, the plastisols market is categorized into textile, automotive, construction, and others. ‘Others’ include medical and recreational industries. During the forecast period, the demand for the product is expected to witness the highest growth from the textile industry. This high growth is mainly powered by the increasing adoption of printed textiles and the growing awareness regarding digital textile printing.
Asia-Pacific (APAC) is expected to be the fastest growing plastisols market during the forecast period, showcasing a CAGR of 8.1% in terms of value. The leading position of the region is powered by high plastisol production capacity of regional players and high economic stability.
PlastisolsNorth America is estimated to be the second largest region in the plastisols market, with an estimated revenue contribution of more than 20.0% in 2017. The high use of plastisol for textile screen printing and favorable regulatory policy for the commercialization of the product are the major factors driving the market in the region.
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Some of the major players operating in the global plastisols market are hubergroup Deutschland GmbH, PolyOne Corporation, PolyBlend UK Ltd., Croda International Plc, Lancer Group International, Fujifilm Holdings Corporation, Plastisol Products Inc., International Coatings Co. Inc., Chemionics Corporation, and Monarch Color Corporation.
GLOBAL PLASTISOLS MARKET SEGMENTATION
By Application
Coatings
Textile Screen Printing
Moldings
Adhesives & Sealants
By Industry
Textile
Automotive
Construction
Others
By Region
North America
U.S.
Canada
Europe
Germany
U.K.
France
Italy
Spain
Rest of Europe
APAC
China
India
Japan
South Korea
Australia
Rest of APAC
Latin America (LATAM)
Brazil
Mexico
Argentina
Rest of LATAM
Middle-East & Africa (MEA)
Saudi Arabia
U.A.E.
South Africa
Rest of MEA
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