openPR Logo
Press release

Global Vinyl Flooring Plasticizers Market Expected to Deliver Dynamic Progression until 2027 | Major Players - BASF SE , UPC Group , ExxonMobil Corporation , LG Chem Ltd , Eastman Chemical Company , Evonik Industries , Aekyung Petrochemical , Nan Ya Plast

01-10-2019 09:17 AM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Global Vinyl Flooring Plasticizers Market Expected to Deliver

Vinyl flooring plasticizers market continues to witness lucrative opportunities across countries owing to the rising demand of flooring industry across the globe. Moreover, increase in the demand of ecologically sound vinyl flooring products has influenced the adoption of non – phthalate plasticizers in the vinyl flooring market. This has encouraged manufacturers to adopt for new innovations in order to meet the rising demand of non–phthalate plasticizers.

Get Free Exclusive PDF Sample Copy of This Report @ https://www.factmr.com/connectus/sample?flag=S&rep_id=1509

In a new study compiled by Fact.MR, the growth prospects for vinyl flooring plasticizers are likely to remain positive throughout the period of forecast. According to the report, the vinyl flooring plasticizers market is projected to expand at a steady CAGR of 3.2% in terms of value throughout the period of assessment, 2018-2027. In addition, the report reveals that the growth of vinyl flooring plasticizers market continues to sprint in Asia Pacific and Latin American region in the coming years.

Vinyl Flooring Plasticizers Market – Strengthening Flooring Industry

Flooring is one area in the construction industry that has been witnessing rapid changes over the past two decades. The advent of several new technologies and materials along with the increasing use of specialized machinery have meant that the field has changed beyond recognition, especially with reference to the industrial and commercial flooring sectors. The industrial and commercial flooring segments have been maintaining a healthy pace of growth in the recent few years. The rising demand of vinyl flooring in the commercial sector like hospitals and sports clubs will escalate the growth of vinyl flooring plasticizers in the future.

Asia Pacific Remained an Attractive Market for Vinyl Flooring Plasticizers

Asia Pacific has been witnessing significant growth in the vinyl flooring plasticizers market. APAC is expected to maintain its dominance in the vinyl flooring plasticizers market during the forecast period, 2018 to 2027. The adoption of sustainable construction products by the people in APAC has led to an upsurge in the demand for vinyl flooring plasticizers. Despite this, around 90% of the total plasticizers manufactured for flooring industry comes from phthalate-based plasticizers especially DEHP.

Europe has been the dominant vinyl flooring plasticizers market, commanding over 26% of the global demand. North America accounts for over 22% share in the global vinyl flooring plasticizers market. Imports of PVC flooring from Asia to the United States have been on the rise over the last decade. According to the statistics from the database USA Trade Online, the value of plastic floor covering imports from Asia to the U.S. rose around 5 times in 10 years. The majority of those imports are likely to contain toxic phthalates such as DEHP.

For more information on this report, please visit: https://www.factmr.com/report/1509/vinyl-flooring-plasticizers-market

Dinp Non-phthalate Plasticizer Is Expected to Gain Traction in the Market

The increase in the permissible limits of DINP by REACH in flooring products will help in strengthening the demand of phthalate plasticizers in the flooring industry. DINP remained the preferred choice because of its low costs, low toxicity and high functional efficiencies in comparison to other phthalate plasticizers.

Vinyl Flooring Plasticizers Market Remain Competitive

Tier 1 companies in the vinyl flooring plasticizers are fiercely competing for gaining higher shares by expanding their product portfolio. Global players like BASF, ExxonMobil and Evonik strategized on creating non-phthalate plasticizers and bolstering their sales in the emerging markets with the help of joint ventures and acquisitions of small and medium enterprises in these regions. On the other hand, regional players like Nan Ya Plastics, Shandong Qilu, LG Chem and others are focused on increasing their production capacities in order to fulfill the rising demand of vinyl flooring plasticizers in the emerging markets owing to the rising commercial sector in these regions. However, stringent regulations on the use of phthalates along with the rising demand of linoleum and hardwood flooring will hinder the growth of vinyl flooring plasticizers in the future. More than 60% of these companies rely on backward integration. The companies listed above are the major manufacturers of linear alcohols, which is an essential raw material used in making vinyl flooring plasticizers to strengthen their supply chain and reduce the overall product cost.

Ask Our Industry Expert about this Report - https://www.factmr.com/connectus/sample?flag=AE&rep_id=1509

About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us

Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
Blog: https://factmrblog.com/
Read Industry News at - https://www.industrynewsanalysis.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Vinyl Flooring Plasticizers Market Expected to Deliver Dynamic Progression until 2027 | Major Players - BASF SE , UPC Group , ExxonMobil Corporation , LG Chem Ltd , Eastman Chemical Company , Evonik Industries , Aekyung Petrochemical , Nan Ya Plast here

News-ID: 1486009 • Views: 125

More Releases from Fact.MR

11-09-2020 | Health & Medicine
Fact.MR
PCR and Real-time PCR Molecular Diagnostics Market to Surpass US$ 6 Bn by 2030, …
As per data from the World Health Organization, millions of deaths can be attributed to diseases such as cancer and HIV each year. Further, the recent outbreak of the COVID-19 virus has also created massive demand for effective diagnostics processes. The PCR and real-time PCR molecular diagnostics market has been gaining traction in recent years on the back of investments by PCR diagnostic test manufacturers towards the incorporation of molecular
10-05-2020 | Health & Medicine
Fact.MR
Biobanking Market to Soar to US$ 3.5 Bn by 2027, Notes Fact.MR
Biobanks are a type of repository which is used in the storage of biological samples, including human and animal tissues, which primarily find use in research applications. Consequently, the process of biobanking has become a very important part of medical research and has played a major role in modern science fields such as personalized medications, and genomics. The global biobanking market is expected to grow at a healthy CAGR of ~
Mini LED Market to Expand 7.5X by 2030, Finds New Study by Fact.MR
In recent years, increasing popularity of OLED TVs in China and India has been significantly influencing growth of the mini LED market. With an increase in disposable income of a majority of the population in these countries, the inclination towards smart screens with higher lifespan and better performance is expected to open up numerous growth opportunities for the mini LED market. Moreover, aspiring and affluent households have increased their spending
Uncertainty Surrounding COVID-19 to Shave-off Growth in Electrical Steel Market …
The global electrical steel market has utilized the opportunities in the market over the last decade with sales of electrical steel pegged at US$ 20.4 Bn in 2019. However, sales are set to plummet during in the middle two quarters of 2020 owing to COVID-19. In addition, several automakers have shuttered their production units, causing incalculable loss to the electrical steel market in 2020. However, the demand of electrical steel

All 5 Releases


More Releases for Flooring

Global Luxury Flooring Market Research
Global Luxury Flooring Market Research consequences of the ongoing logical endeavors towards the improvement of new Luxury Flooring Materials and Chemicals have been considered. Everything considered, the parts affecting the principle business players to get produced sourcing of the market things have also been pondered in this truthful investigating Global Luxury Flooring Market Research report. The ends gave in this report are of extraordinary incentive for the main business players.
Alco Exotic – The Flooring Specialist
Alco Exotic are flooring specialists. The company is known for importing exotic materials for flooring purposes, the most popular of those being, bamboo and oak. They also provide warehousing and stockholding options. Their keen attention to detail and their history of client satisfaction has earned a repour with their client base. There are specific demands of various manufacturers and meeting those demands should be important to the supplier. Alco Exotic always
Global Engineered Wood Flooring Market 2018 - Armstrong, Bruce Flooring, Berryal …
Apex Market Reports, recently published a detailed market research study focused on the “Engineered Wood Flooring Market” across the global, regional and country level. The report provides 360° analysis of “Engineered Wood Flooring Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Engineered
Wood Flooring GB Offers Excellent Flooring Solutions at Affordable Price
Wood flooring GB has been in operation for the last 20 years is offering excellent wooden flooring Solutions at affordable prices. It undertakes wooden floor sanding, installation, and restoration successfully and has been satisfactorily serving their clients in the United Kingdom. Both in private homes and commercial property, the company’s flooring experts deliver a premium quality flooring solutions. With its fully insured installers, the company’s services adhere to the strict
Global Industrial Flooring Market
Industrial Flooring: Market Dynamics Global industrial flooring market is driven by the characteristics and benefits offed by industrial flooring such as easy to install, longevity, economic in cost, slip resistance, functionality, durability, and moisture resistant. Request to view Table of Content @ http://www.persistencemarketresearch.com/toc/12280 Modernization in every industry has created demand for innovative solutions pertaining to flooring products. Global industrial flooring market is also driven by the growing concern towards improving workplace aesthetics as
Knoa's flooring Redesigned Website
Knoa's flooring has launched a newly refreshed website with collaboration of Gulf State Software. According to the company, the website was redesigned to give it a sleek and modern appearance that is user-friendly and mobile-friendly. The company has also added new resources for consumers including blog content that is designed to highlight the effectiveness of the company’s flooring product; featured products that is best in market; an FAQ section that offers