Plasticizers Market: Segmentation Analysis and Forecasts by Technavio

September 12, 2017

LONDON–(BUSINESS WIRE)–#Plastics–According to the latest market study released by Technavio,
the global plasticizers market is expected to grow at a CAGR of more
than 4% through 2021.


This research report titled ‘Global
Plasticizers Market 2017-2021’ provides an in-depth analysis of the
market in terms of revenue and emerging market trends. This market
research report also includes up to date analysis and forecasts for
various market segments and all geographical regions.

Plasticizers are used to soften and add flexibility to a material. They
serve various functions in the rubber and plastics industries.
Plasticizers are predominantly used in combination with PVC and other
polymers to offer unique technological and physical properties for
applications such as floor and wall coverings, wires and cables, film
and sheets, and coated fabric.

This report is available at a USD 1,000 discount for a limited time
only: View
market snapshot before purchasing

Buy 1 Technavio report and get the second for 50% off. Buy 2
Technavio reports and get the third for free.

Technavio’s analysts categorize the global plasticizers
market into three major segments by type. They are:

  • Low-phthalates
  • High-phthalates
  • Non-phthalates

Looking for more information on this market? Request
a free sample report

Technavio’s sample reports are free of charge and contain multiple
sections of the report including the market size and forecast, drivers,
challenges, trends, and more.

The top three segments based on type of the global plasticizers market
are discussed below:

Global low-phthalate plasticizers market

The consumption of plasticizers differs from region to region based on
the various types. For instance, the consumption trend in APAC showcases
a mix of all the plasticizers. APAC is the largest consumer of
low-phthalates, particularly DOP, as there is a lack of legislative
initiatives, owing to the rising PVC demand in the region.

According to Chandrakumar Badala Jaganathan, a lead plastics,
polymers, and elastomers research analyst from Technavio, “The
demand for plasticizers is dominated by DOP, which is likely to decline
in the coming years owing to growing health and environment concerns
regarding its exposure. DOTP is likely to have the strongest growth in
the coming years, owing to its high toxicological profile and it being a
direct replacement for DINP and DOP in many applications due to its low
volatility.”

Global high-phthalate plasticizers market

High-phthalate plasticizers contain 7-13 carbon atoms in their chemical
backbone. This gives them increased durability. Diisodecyl phthalate
(DIDP), diisononyl phthalate (DINP), and dipropylheptyl phthalate (DPHP)
are the most commonly used high-phthalate plasticizers.

“High-phthalate plasticizers are witnessing increasing demand from
APAC, the Middle East, Africa, and South America. These regions are the
largest and the fastest-growing markets. However, high-phthalate
plasticizers are witnessing restricted demand from Europe and North
America, due to stringent regulations and norms,” says Chandrakumar.

Global non-phthalate plasticizers market

Increasing awareness regarding the environment and safety during the
application of phthalates is leading to the demand for non-phthalates.
The key vendors are focusing on developing non-phthalate plasticizers
that abide by the restrictions on endocrine disrupting chemicals in
containers, food utensils, packaging, and toys.

Non-phthalates are prominently used in packaging, containers, and food
utensils for oil resistance, non-volatility, and non-migration compared
to DEHP (DOP). Non-phthalate plasticizers include adipic acid polyester,
trimellitic acid, epoxy ester, and benzoic acid series.

The top vendors highlighted by Technavio’s research analysts in this
report are:

  • BASF
  • Eastman Chemical Company
  • Evonik Industries
  • ExxonMobil
  • LG Chem

Browse Related Reports:

About Technavio

Technavio
is a leading global technology research and advisory company. Their
research and analysis focuses on emerging market trends and provides
actionable insights to help businesses identify market opportunities and
develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists
of more than 10,000 reports and counting, covering 800 technologies,
spanning across 50 countries. Their client base consists of enterprises
of all sizes, including more than 100 Fortune 500 companies. This
growing client base relies on Technavio’s comprehensive coverage,
extensive research, and actionable market insights to identify
opportunities in existing and potential markets and assess their
competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team
at [email protected].

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US:
+1 844 364 1100
UK: +44 203 893 3200
www.technavio.com