According to a new market report published by Lucintel, the future of the plasticizer market looks promising with opportunities in the flooring & wall covering, wire & cable, coated fabric, consumer goods, and film & sheet applications. The global plasticizer market is expected grow with a CAGR of 6% from 2021 to 2026. The major drivers for this market are growth in urbanization and consumer products demand, along with an increasing automotive sector.
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In this market, different types of plasticizers, such as phthalates, aliphatics, terephthalates, trimellitates, polymerics, epoxy, phosphates, and others, are used in a wide range of industries. Lucintel forecasts that phthalates will remain the largest segment due to low cost, high durability, and performance and wide range of uses in end use industries.
Within the plasticizers market, flooring & wall covering will remain the largest application during the forecast period due to a growing construction industry, increasing disposable income, and increasing number of old building renovation and maintenance activities.
Asia Pacific will remain the largest region the forecast period due to increasing economic and infrastructural development, and growing automobile, medical, construction, and other end use industries.
BASF, Dow chemicals, ExxonMobil, Evonik Industries, Arkema, Eastman Chemicals, Clariant International, Adeka, UPC Group, Blue sail Chemical Group and Aekyung Petrochemical are among the major plasticizer manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global plasticizer market by product type, application, end use industry, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Plasticizer Market 2021-2026: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global plasticizer market by product type, application, end use industry, and region as follows:
By Product Type [Kilotons and $M shipment analysis for 2015 – 2026]:
Phthalates
Aliphatics
Terephthalates
Trimellitates
Polymerics
Epoxy
Phosphates
Others
By Application [Kilotons and $M shipment analysis for 2015 – 2026]:
Flooring & Wall Covering
Wire & Cable
Coated Fabric
Consumer Goods
Film & Sheet
By End Use Industry [Kilotons and $M shipment analysis for 2015 – 2026]:
Construction & Remodeling
Electronics & Communication
Automobile and Tire Industry
Medical & Healthcare
Others
By Region [Kilotons and $M shipment analysis for 2015 – 2026]:
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Asia Pacific
China
Japan
India
South Korea
The Rest of the World
This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
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