Global Plasticizers Market 2022-2028
Plasticizers are the most common additives used in the plastics industry. Plasticizers increase the flow and thermoplasticity of a polymer by decreasing the viscosity of the polymer melt, the glass transition temperature (Tg), the melting temperature (Tm) and the elastic modulus of the finished product without altering the fundamental chemical character of the plasticized material. The global plasticizers market is expected to increase by USD 7 billion, at a compound annual growth rate (CAGR) of 5.2% from 2022 to 2028, according to the latest edition of the Global Plasticizers Market Report.
The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global plasticizers market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the plasticizers industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, end user, and region. The global market for plasticizers can be segmented by product: low phthalates plasticizers, high phthalates plasticizers, non-phthalate plasticizers. Among these, the low phthalates segment was accounted for the highest revenue generator in 2021. Plasticizers market is further segmented by end user: floor wall & coverings, wires & cables, film & sheets, coated fabric, others. The floor wall & coverings segment is estimated to account for the largest share of the global plasticizers market. Based on region, the plasticizers market is segmented into: Asia Pacific, Europe, North America, Rest of the World (RoW). Asia Pacific held the largest share of the global plasticizers market in 2021 and is anticipated to hold its share during the forecast period.
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