Press release
Plastisols Market Overview, Size, Share And Global Forecast 2023 To 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Plastisols Global Market Report 2023 identifies growing demand for automobiles as the major driver for the Plastisols market's growth in the forecast period. The growing need for green energy and noise-free aircraft is propelling the growth of the Plastisols market. Automobiles refer to vehicles that have four wheels and include cars, trucks, and other vehicles. Plastisol is used in the manufacturing process of automobiles in grips for handles, insulation of various electrical components, limiting noise, vibration, friction, rubbing, and deadening impacts, aiding safety and comfort in various automobile component manufacturing.
The global plastisols market size is expected to grow from $21.89 billion in 2022 to $23.55 billion in 2023 at a compound annual growth rate (CAGR) of 7.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The plastisols market size is expected to grow to $31.09 billion in 2027 at a CAGR of 7.2%.
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Major competitors in the Plastisols market are Avient Corporation, FUJIFILM Holdings Corporation, International Coatings Company, 3M Company, The Dow Chemical Company.
A key trend in the Plastisols market includes Product innovations. Major companies operating in the market are focused on innovating new products to gain a competitive edge in the market. For instance, in March 2020, Monarch Color Corp., a US-based accurate printing supply company, launched two new plastisol inks: ULT II, an ultra-low temperature white plastisol ink, and ULT Shield Grey, an ultra-low temperature, dye-blocking, underbase grey.
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The Plastisols market is segmented -
1) By Resin Type: Acrylic Resins, PVC Resins
2) By Application: Coatings, Moldings, Screen Printing, Adhesives and Sealants
3) By End-Use Industry: Construction, Military, Transportation, Medical, Textile, Agriculture, Metal Finishing, Other End-Use Industries
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Plastisols market.
The Business Research Company's "Global Plastisols Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Plastisols Market Include:
1. Executive Summary
2. Plastisols Market Characteristics
3. Plastisols Market Trends And Strategies
4. Plastisols Market - Macro Economic Scenario
5. Plastisols Market Size And Growth
……
27. Plastisols market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Plastisols market
29. Plastisols market Future Outlook and Potential Analysis
30. Appendix
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