DUBLIN--(BUSINESS WIRE)--The "Plasticizers Market by Type, Application, and Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The plasticizers market is estimated at USD 12.23 billion in 2017 and is projected to reach USD 16.15 billion by 2022, at a CAGR of 5.7% from 2017 to 2022.
The growing demand for flexible plastics in various applications, such as wire & cable, flooring & wall covering, and film & sheet are driving the plasticizers market, while the migration effects of plasticizers on non-PVC device components restrain their demand.
Film & sheet is projected to be the fastest-growing segment of the plasticizers market. The growth of this segment is attributed to increasing demand from the packaging application in the food & beverage industry. Awareness about health and hygiene is further driving the packaging industry market, which thereby drives the film & sheet application.
Non-phthalates is expected to be the fastest-growing segment of the plasticizers market by type, due to the Registration, Evaluation, and Authorization of Chemicals (REACH) regulations for restrictions on the use of phthalates.
The plasticizers market in the Asia Pacific is projected to grow at the highest CAGR during the forecast period due to the growing construction and automotive industries. Plasticizers are used to manufacture flexible PVC, which find applications in flooring & wall coverings, wire & cable, coated fabrics, consumer goods, and film & sheet. These applications are expected to be the major drivers for the plasticizers market during the forecast period.
Companies Profiled in the Report:
- UPC Technology Corporation (Taiwan)
- Exxon Mobil Corporation (US)
- Aekyung Petrochemical Co., Ltd (South Korea)
- BASF SE (Germany)
- Nan Ya Plastics Corporation (Taiwan).
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Plasticizers Market, By Type
7 Plasticizers Market, By Application
8 Plasticizers Market, By Region
9 Competitive Landscape
10 Company Profiles
- Aekyung Petrochemical
- DIC Corporation
- Evonik Industries
- Jiangsu Zhengdan Chemical Industry Co., Ltd
- KAO Corporation
- KLJ Group
- Lanxess AG
- LG Chem
- NAN YA Plastics
- Oxea Corporation
- Polynt SPA
- Polyone Corporation
- Shandong Hongxin Chemicals
- Shangdong Qilo Plasticizers
- UPC Technology
- Velsicol Chemical, LLC
- Vertellus Holdings LLC
For more information about this report visit https://www.researchandmarkets.com/research/xr934t/plasticizers?w=4