high performance Global Plasticizers Industry-Yahoo

  • high performance Global Plasticizers Industry-Yahoo
  • high performance Global Plasticizers Industry-Yahoo
  • high performance Global Plasticizers Industry-Yahoo
  • What is the global plasticizers market size?
  • The global plasticizers market was valued at USD 17.0 billion in 2022 and is projected to reach USD 22.5 billion by 2027, growing at a cagr 5.7% from 2022 to 2027. Construction is one of the major end-use industries of plasticizers and offers market growth opportunities.
  • Will demand for high-performance plastics grow faster than global GDP?
  • Demand for high-performance plastics fell more than proportionately to GDP during the global recession of 2008–09. Consequently, future demand for high-performance plastics is forecast to grow much faster than global GDP growth over the forecast period.
  • Which region has the most lucrative plasticizers market in 2020?
  • Asia-Pacific is projected as the most lucrative segment. Region-wise, Asia-Pacific accounted for the largest share of the plasticizers market in 2020. The Asia-Pacific market for plasticizers is expected to grow at the highest CAGR during the forecast period, in terms of both volume and value.
  • Who are the major players in the plasticizers market?
  • The plasticizers market is highly fragmented, with several players including Arkema S.A., BASF SE, Daelim Industrial Co. Ltd., Dow Chemical Company, LG Chem Ltd., Evonik Industries AG, ExxonMobil Chemical, Eastman Chemical Company, Ineos Group, and UPC Group. Market Dynamics
  • How Asia-Pacific plasticizers business is growing?
  • The Asia-Pacific plasticizers business is growing owing to rise in electrical & electronic industries. China is the leading country in terms of demand and commercialization for plasticizers.
  • What will drive the growth of the non-phthalate plasticizers market?
  • Increase in demand for non-phthalate plasticizers is expected to drive the growth of the plasticizers market during the forecast period. Rise in demand for non-phthalate plasticizers reflects growing health and environmental concerns associated with traditional phthalate-based plasticizers.

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