Global Plasticizers Markets, 2021

Press Release Net

PR NET - Corporate - Top - Latest - Publishing

#1 Press Release Network

The #1 Press Release Network

The global plasticizers market to grow at a CAGR of 4.43% during the period 2017-2021.











Global Plasticizers Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.











According to the report, one of the major drivers for this market is Increasing demand from automotive applications. The global plasticizers market is likely to grow at a significant rate, owing to an increasing demand from the automotive sector. This is expected to be one of the major drivers for the global plasticizers market.











Plasticizers are additives that enhance the plasticity and viscosity of the product. They are generally mixed with PVC and other polymers. The expanding automotive industry and demand for PVC products in automotive applications are likely to boost the global plasticizers market.











The latest trend gaining momentum in the market is Increasing demand for bio-based plasticizers. Petrochemical-based plasticizers, such as phthalates, are crucial in the manufacturing of plastics, especially PVC. Phthalate-based plasticizers dominate the global plasticizers market. However, stringent environmental regulations and health concerns associated with the application of plasticizers are inspiring the demand for bio-plasticizers.











These norms and regulations, coupled with the tight supply of dioctyl phthalate(DOP), di-n-butyl phthalate (DBP), butyl benzyl phthalate (BBP), and diethyl phthalate (DEP), have led to an increased necessity to replace traditional phthalates with eco-friendly plasticizers. Owing to these factors, there is a demand for safe, non-phthalate, biodegradable, and bio-based plasticizers.

Further, the report states that one of the major factors hindering the growth of this market is Rising health concerns associated with plasticizers. Toxic chemicals in plasticizers and their possible carcinogenic effects are major concerns pertaining to the global plasticizers market. Strict regulations are restraining the application of phthalates in medical devices and toys, especially in North America and Europe. This is likely to restrict the growth of the global plasticizers market. Also, the high cost of production of eco-friendly plasticizers is likely to impede the market growth.

Key vendors











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

Other prominent vendors











  • Adeka India
  • Aekyung Petrochemical
  • Perstorp
  • Amines & Plasticizers
  • Bluesail Group
  • DEZA
  • KLJ Group
  • NAN YA PLASTICS
  • Shandong Hongxin Chemicals
  • Teknor Apex
  • UPC Group
  • Valtris Specialty Chemicals
  • Varteco

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market Landscape

Part 06: Market Segmentation By Type

Part 07: Market Segmentation By Application

Part 08: Geographical Segmentation

Part 09: Decision Framework

Part 10: Drivers And Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Key Vendor Analysis

Part 14: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/j4rsv8/global











Media Contact:











Laura Wood, Senior Manager
press@researchandmarkets.com  

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716











View original content:http://www.prnewswire.com/news-releases/global-plasticizers-markets-2021-300525027.html











SOURCE Research and Markets











Related Links

http://www.researchandmarkets.com


Press Release Net

PR NET - Corporate - Top - Latest - Publishing

#1 Press Release Network

The #1 Press Release Network


Leave a Reply