Plasticizer Alcohol: Industry Demand Growth Share Forecast 2027 Canada

  • Plasticizer Alcohol: Industry Demand Growth Share Forecast 2027 Canada
  • Plasticizer Alcohol: Industry Demand Growth Share Forecast 2027 Canada
  • Plasticizer Alcohol: Industry Demand Growth Share Forecast 2027 Canada
  • What is the global plasticizer alcohols market size?
  • The global plasticizer alcohols market is estimated to register at a CAGR of 3.4% in the global market during the forecast period and registers a revenue valued at US$ 6.08 Bn in 2022, and is expected to cross US$ 8.49 Bn by 2032.
  • What factors influence the demand for plasticizer alcohols in downstream markets?
  • Demand for plasticizer alcohols in most downstream markets is influenced significantly by general economic conditions. As a result, the demand for plasticizer alcohols largely follows the patterns of the leading world economies. Major end-use markets include construction/remodeling, automotive production and original equipment manufacturing.
  • 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.
  • What is the largest end-use market for plasticizer alcohols?
  • Plasticizers are the largest end-use market for plasticizer alcohols, accounting for nearly half of world consumption in 2024. Plasticizers will remain the largest application; however, demand for nonplasticizer applications such as acrylate/methacrylate esters, acetate esters and glycol ethers will also grow depending on the regional markets.
  • How has the global economy affected plasticizer alcohol use in 2024?
  • In 2024, the weakness in the global economy and the Israel-Hamas war have resulted in declines in plasticizer alcohol use in markets such as construction and automotive. Disruptions in transportation and high costs in logistics lead to high inventory and limited production, resulting in a global utilization rate of below 70%.
  • Which companies operate in global plasticizer alcohols market?
  • Some of the key companies that operate in global plasticizer alcohols market are Dow Chemical Company, Eastman Chemical Company, Evonik Industries, Zak S.A, Chengdu XiYa Chemical Technology Co., Ltd., Tianjin Zhongxin Chemtech Co., Ltd. and Meryer (Shanghai) Chemical Technology Co., Ltd. among many others.

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