Plasticizers Market Driven by Flourishing Construction and Automotive Industry

Published Date : May 02, 2017

ALBANY, New York, May 2, 2017 – has announced the availability of a new report at their portal, titled “Global Plasticizers Market Research Report 2016.” The report has been prepared to serve as a reliable business guide for the stakeholders in the global plasticizers market, providing deep insights into how the demand has developed since 2011 and where it stands in 2016. The report provides forecasts for the future of the market until 2021. Several leading companies have also been overviewed in the report in order to represent the competitive landscape and the opportunities available for new entrants.

According to the report, plasticizers are polymer additives that improve softness, flexibility, volatility, and workability of plasticized materials. Available in various types including terephthalates, phthalates, aliphatics, and epoxies, the market for plasticizers is primarily driven by the increasing demand for flexible PVC in various applications, prosperity of the packaging industry, and growing adoption of high molecular phthalate plasticizers and non-phthalate for various purposes. Rapid growth of construction industry, owing to urbanization in several emerging economies, is expected to reflect positively on the global plasticizers market.

On the other hand, factors such as toxicity of PVC and strict government regulations on phthalates are expected to challenge the market for plasticizers from attaining its full potential. The report also anticipates ongoing research on bio-based plasticizers and flourishing automotive industry to open new opportunities for the vendors operating in plasticizers market.

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Based on type, the report segments the plasticizers market into low phthalates, high phthalates, and non-phthalates. Application-wise, the market can be segmented into flooring and walls, wires and cables, film and sheet coverings, consumer goods, and coated fabrics. Geographically, the report studies the potential of the plasticizers market in the region of North America, Europe, and Southeast Asia as well as in country-wide markets of China, Japan, and India. For each of these country or regional markets, the report explores the prospects until 2021. Currently, Asia Pacific is the most lucrative region, with China and Japan serving the maximum demand, which was a reflection of flourishing manufacturing industry and budding PVC industry in the two countries.

Some of the leading companies in the plasticizers market that have been profiled in the report are Aekyung Petrochemical Co. LTD, Exxonmobil Corporation, BASF SE, Shandong Hongxin Chemicals Co. LTD., Eastman Chemical Company, Evonik Industries Ag, Shandong Qilu Plasticizers Co. LTD., Upc Technology Corporation, Nan Ya Plastics Corporation, and Lg Chem LTD. For each of these companies, the report provides information on their manufacturing base, competitors, product portfolio, production capacity, and profits and revenue.

The report provides cost reports of plasticizers manufacturing process, including key raw material overview, cost structure, labor cost, and overall expense. It also contains dedicated chapters on industrial chain and marketing strategies of the leading companies.

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