Global Plasticizers Market to attain a value of US$23.87 bn over 2016-2024

Plasticizers are supplements that are added to plastics enhance their properties such as plasticity and viscosity. Plasticizers soften the plastic material to make it bendable and flexible. Plasticizers have found wide applications in the manufacturing of various PVC (polyvinyl chloride) products.

The report provides in-depth analysis and forecast of the plasticizers market on the global as well as on regional level. The report includes forecast for the period from 2016 to 2024 in terms of volume (kilo tons) and revenue (US$ Mn). Quantitative data has been derived through extensive secondary research of the global plasticizers market. Secondary sources typically include company websites, relevant magazines, government documents, and press releases.

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The top-down approach has been adopted to derive the regional numbers from global revenue and volume figures. Furthermore, the bottom-up approach has been employed to derive data for various product type and application segments based on demand for plasticizers in each geographical segment. A combination of top-down and bottom-up approaches helps in validation of the quantitative data of the market. The data was further validated with the help of primary research with industry experts to ensure accuracy of derived numbers.

Detailed analysis of various factors driving the global plasticizers market has been included for astute decision making. Impact of these drivers during the forecast period has been included with data to substantiate research findings. Furthermore, factors restraining market growth have been included for better understanding of the market. Impact of these restraints has been analyzed over the forecast period. The report also comprises various opportunities available for market growth over the next eight years. Opportunities entail untapped or recently explored factors that are anticipated to drive the plasticizers market during the forecast period.

The report includes value chain analysis to help understand the industry thoroughly. Value chain analysis comprises detailed evaluation of the roles of various entities involved in the plasticizers industry, from raw material suppliers to end-users. Various processes employed in the manufacture of plasticizers have been included in the value chain analysis. Porter’s Five Forces model has been included to determine the degree of competition in the market during the forecast period. Furthermore, market attractiveness analysis has been conducted to analyze application segments that are expected to be lucrative during the forecast period. This is based on various factors such as market size, growth rate, profitability, raw material procurement, and competition in each application segment.

Global Plasticizers Market: Segmentation

Plasticizers can be divided on the basis of products as: phthalates, non-phthalates, aliphates, polymeric, and others. Based on application type, the plasticizers market has been segmented wires & cables, floor walls & coverings, consumer goods, films & sheets, and applications. The report comprises detailed analysis of all the segments in the regional and global markets and forecast based on current and future trends in the industry in terms of volume (kilo tons) and revenue (US$ Mn).

In terms of region, the market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Demand for Plasticizers in each application segment type has been analyzed and forecast for a period of eight years.

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The report also comprises profiles of leading companies in the plasticizers market. These include BASF SE, ExxonMobil Corporation, Eastman Chemical Company, Evonik Industries, LG Chem Ltd., Arkema Inc., Ferro Corporation, UPC Technology Corp., Nan Ya Plastics Corp., and Aekyung Petrochemical Co. Ltd. Various attributes of these companies, such as company overview, business strategies, and recent developments form the core of the company profiles section.

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