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Plasticizers Market to Reach $23.88 Billion by 2030 with a Steady CAGR of 3.2%

01-14-2025 11:25 AM CET | Chemicals & Materials

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Plasticizers Market

Plasticizers Market

๐๐ฅ๐š๐ฌ๐ญ๐ข๐œ๐ข๐ณ๐ž๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

The market for plasticizers is anticipated to expand at a compound annual growth rate (CAGR) of 3.2% over the course of the forecast period, reaching US$23.88 billion by 2030.

The impact of the COVID-19 lockdown on the earnings of market leaders, followers, and disruptors is analyzed in the research. The impact of lockdowns varies by location and segment because they were conducted differently in different countries and regions. The report's discussion of the market's present short- and long-term effects will assist decision-makers in creating an outline for organizations' short- and long-term strategies by area.

๐‚๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐ž๐ž๐ค ๐ข๐ง๐ฌ๐ข๐๐ž? ๐†๐ซ๐š๐› ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/6429/

The market for plasticizers is mostly driven by factors such as the growing need for PVC products, the expansion of the automotive industry, urbanization, the expansion of infrastructure, and the increasing demand for consumer goods. Global production and consumption of bio-based materials are expected to rise due to demand from a variety of end-use sectors. Green polymers are widely used in the production of cables, surface coatings for polymers, and as an additive in the plastics industry, which is set to support the market expansion for plastisizers.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ

๐•๐ข๐ž๐ญ๐ง๐š๐ฆ: ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐†๐ซ๐ž๐ž๐ง ๐๐ฅ๐š๐ฌ๐ญ๐ข๐œ๐ข๐ณ๐ž๐ซ๐ฌ

Vietnam's rapid urbanization and construction boom have spiked demand for eco-friendly plasticizers in flooring and wall coverings. Collaborations between local firms and global players are improving market prospects.

๐“๐ก๐š๐ข๐ฅ๐š๐ง๐: ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐๐ฅ๐š๐ฌ๐ญ๐ข๐œ๐ฌ

Thailand's thriving automotive sector is utilizing plasticizers for lightweight and durable components. Partnerships with companies like ExxonMobil are driving innovation in non-phthalate alternatives.

๐‰๐š๐ฉ๐š๐ง: ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐€๐๐ฏ๐š๐ง๐œ๐ž๐ ๐‚๐จ๐š๐ญ๐ž๐ ๐…๐š๐›๐ซ๐ข๐œ๐ฌ

Japan leads in high-tech coated fabric production, benefiting from innovations by companies like KAO Corporation. The nation's focus on sustainability has increased the use of bio-based solutions.

๐ƒ๐ข๐ฏ๐ž ๐ข๐ง๐ญ๐จ ๐ญ๐ก๐ž ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฐ๐ข๐ญ๐ก ๐จ๐ฎ๐ซ ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ:https://www.maximizemarketresearch.com/request-sample/6429/

๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š: ๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐š๐ฅ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง๐ฌ

South Korea is focusing on specialized applications in wires, cables, and consumer goods. Companies like LG Chem are investing in non-phthalate plasticizers to align with global sustainability goals.

๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž: ๐”๐ฉ๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐‚๐ก๐ž๐ฆ๐ข๐œ๐š๐ฅ ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐ž๐ฌ

Singapore's strong position in chemical R&D enables advancements in bio-based plasticizers. Strategic alliances with global leaders like BASF are fueling industry growth.

๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ: ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐๐ข๐จ-๐›๐š๐ฌ๐ž๐ ๐ˆ๐ง๐ง๐จ๐ฏ๐š๐ญ๐ข๐จ๐ง๐ฌ

The U.S. is a significant player in bio-based plasticizers, driven by companies like Eastman and Polyone Corporation. The construction and packaging sectors are the largest consumers.

๐„๐ฎ๐ซ๐จ๐ฉ๐ž: ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐๐ก๐ญ๐ก๐š๐ฅ๐š๐ญ๐ž-๐…๐ซ๐ž๐ž ๐๐ฅ๐š๐ฌ๐ญ๐ข๐œ๐ข๐ณ๐ž๐ซ๐ฌ

Europe is transitioning towards phthalate-free solutions, led by stringent regulations. Companies like Evonik Industries and OXEA GmbH are driving the adoption of sustainable alternatives.

๐…๐จ๐ซ ๐š ๐ช๐ฎ๐ข๐œ๐ค ๐จ๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ, ๐ฉ๐ฅ๐ž๐š๐ฌ๐ž ๐œ๐ฅ๐ข๐œ๐ค ๐ก๐ž๐ซ๐ž: https://www.maximizemarketresearch.com/request-sample/6429/

๐๐ฅ๐š๐ฌ๐ญ๐ข๐œ๐ข๐ณ๐ž๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง

๐๐ฒ ๐“๐ฒ๐ฉ๐ž

Phthalates
Non-phthalates

๐๐ฒ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง

Flooring & Wall Covering
Coated Fabrics
Wire & Cable
Film & Sheet
Consumer Goods
Others

๐“๐จ ๐‹๐ž๐š๐ซ๐ง ๐Œ๐จ๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐“๐ก๐ข๐ฌ ๐’๐ญ๐ฎ๐๐ฒ, ๐๐ฅ๐ž๐š๐ฌ๐ž ๐‚๐ฅ๐ข๐œ๐ค ๐‡๐ž๐ซ๐ž: https://www.maximizemarketresearch.com/market-report/global-plasticizers-market/6429/

๐๐ฅ๐š๐ฌ๐ญ๐ข๐œ๐ข๐ณ๐ž๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ

1. UPC Technology
2. Aekyung Petrochemical
3. Exxonmobil
4. BASF
5. Eastman
6. NAN YA Plastics
7. Evonik Industries
8. Shandong Hongxin Chemicals
9. LG Chem
10. Shangdong Qilo Plasticizers
11. Jiangsu Zhengdan Chemical Industry Co., Ltd.
12. DIC Corporation
13. KAO Corporation
14. Lanxess AG
15. KLJ Group
16. Polyone Corporation (US)
17. OXEA GmbH (Germany)
18. Vertellus Holdings LLC (US)
19. Dahin Co. (Taiwan)
20. KAO Corporation (Japan)

๐‚๐ก๐ž๐œ๐ค ๐จ๐ฎ๐ญ ๐จ๐ฎ๐ซ ๐ญ๐ซ๐ž๐ง๐๐ข๐ง๐  ๐ฌ๐ญ๐ฎ๐๐ข๐ž๐ฌ ๐ญ๐จ ๐ฎ๐ง๐๐ž๐ซ๐ฌ๐ญ๐š๐ง๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฌ๐ก๐ข๐Ÿ๐ญ๐ฌ :

Vacuum Gas Oil Market https://www.maximizemarketresearch.com/market-report/vacuum-gas-oil-market/70831/

Global Offshore Lubricants Market https://www.maximizemarketresearch.com/market-report/global-offshore-lubricants-market/52285/

Surgical Instrument Tracking System Market https://www.maximizemarketresearch.com/market-report/global-surgical-instrument-tracking-systems-market/84029/

Hybrid Cloud Market https://www.maximizemarketresearch.com/market-report/global-hybrid-cloud-market/24915/

Aromatherapy Market https://www.maximizemarketresearch.com/market-report/global-aromatherapy-market/100779/

global Hemophilia Market https://www.maximizemarketresearch.com/market-report/global-hemophilia-market/67045/

global Knee Replacement Market https://www.maximizemarketresearch.com/market-report/global-knee-replacement-market/57801/

Plant-Based Food Market https://www.maximizemarketresearch.com/market-report/global-plant-based-food-market/110463/

Flame Retardants Market https://www.maximizemarketresearch.com/market-report/global-flame-retardants-market/46659/

M2M Satellite Communication Market https://www.maximizemarketresearch.com/market-report/global-m2m-satellite-communication-market/28910/

๐Œ๐€๐—๐ˆ๐Œ๐ˆ๐™๐„ ๐Œ๐€๐‘๐Š๐„๐“ ๐‘๐„๐’๐„๐€๐‘๐‚๐‡ ๐๐•๐“. ๐‹๐“๐ƒ.

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Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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