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BANGALORE, India , April 15, 2021 /PRNewswire/ -- The Plasticizers Market is segmented by Type Low Phthalates, High Phthalates, Non-Phthalates, by Application Flooring & Wall Coverings, Film & Sheet, Wire & Cable, Coated Fabric, Consumer Goods. The report covers global opportunity analysis and industry forecasts from 2021 to 2026. It is published in Valuates Reports in the Chemical Industry Category.
The global Plasticizers market size was valued at USD 8737.7 Million in 2019, and it is expected to reach USD 10110 Million by the end of 2026, growing at a CAGR of 2.1% during 2021-2026.
Major factors driving the growth of plasticizers market size are:
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TRENDS INFLUENCING THE GROWTH OF PLASTICIZERS MARKET SIZE
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Based on region, Asia-Pacific is expected to be one of the most lucrative regions during the forecast period. This is due to the growing construction and automotive industries in the region. China was the leading production region in the plasticizer market, with a 49.55% market share in 2015.
Based on application, the film & sheet segment is expected to be one of the most lucrative market segments during the forecast period. This segment's growth can be attributed to the demand from the food and beverage industry's packaging application.
Based on type, the non-phthalates segment is expected to be one of the most lucrative segments due to the Registration, Evaluation, and Authorization of Chemicals (REACH) regulations for restrictions on the use of phthalates.
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- The Bio Plasticizers Market size was valued at USD 850.2 Million in 2020 and is projected to reach USD 1280.4 Million by 2027, at a CAGR of 5.6% during the 2021-2027.
- The global Polyvinyl Chloride (PVC) Market size is projected to reach USD 45 Million by 2027, from USD 36 Million in 2020, at a CAGR of 3.4% during 2021-2027.
- In 2020, the global Medical Polymers Market size was USD 17170 Million and is forecast to USD 20620 million in 2027, growing at a CAGR of 3.1% during the 2021-2027.
- The Concrete Superplasticizers Market size was valued at USD 3605 Million in 2020 and is projected to reach USD 5106 Million by 2027, at a CAGR of 4.6% during the 2021-2027.
- The global PVC Pipes Market size is projected to reach USD 83710 Million by 2027, from USD 59740 Million in 2020, at a CAGR of 4.5% during 2021-2027.
- Diisononyl Phthalate (DINP) (CAS 28553-12-0) Market is segmented by Type General Grade DIDP, Electrical Grade DIDP, Food and Medical DIDP and by various regions.
- Low Phthalates Plasticizers Market is segmented by Type DHEP, DBP and by various regions.
- High Phthalates Plasticizers Market is segmented by Type DINP, DIDP, DPHP and by various regions.
- Non-phthalates Plasticizer Market is segmented by Type Adipates, Terephthalates, Benzoates, Bio-based plasticizers and by various regions.
- TINTM Plasticizers Industry segmented by Type 98% Purity, 99% Purity and by various regions.
- Vinyl Flooring Plasticizers Market is segmented by Type Non-Phthalates, Phthalates and by various regions.
- Superplasticizers Market is segmented by Type Modified Lignosulfonates (MLS), Sulfonated Melamine-formaldehyde Condensates (SMF), Sulfonated Naphthalene-formaldehyde Condensates (SNF), Polycarboxylate Derivatives (PC), by Application Ready-Mix, Precast, Shotcrete, Self-Compacting and by various regions.
- Automotive Plasticizers Industry segmented by Type DEHP, DINP, DnBP, BBzP, DIDP, by Application Exterior, Interior, Under the Hood, Electronics & Electrical and by various regions.
- High Solvating Plasticizers Industry Segment by Type Phthalates, Non-phthalates, by Application Adhesives and Sealants, Coatings and Inks, Automotive Plastisols, Synthetic Leather and by various regions.
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