Report Description
A recent market
intelligence report that is published by Data Insights Partner on Plasticizer market
makes an offering of in-depth analysis of segments and
sub-segments in the regional and international Plasticizer market. The research also emphasizes on the impact of restraints,
drivers, and macro indicators on the regional and global Plasticizer market over the short as well as long period of time. A
detailed presentation of forecast, trends, and dollar values of global Plasticizer market is offered. In accordance with the report, the global Plasticizer
market is projected to expand at a CAGR of 3.1% over the period of forecast.
Market Insight, Drivers, Restraints&
Opportunity of the Market:
Plasticizers are the chemical substances, which when is
added to a material or a plastic, generates a product that imparts viscosity,
softness, flexibility, and makes it elastic and easy to handle. In other words,
plasticizer is a chemical that is added to various other polymeric substances
in order to improve the flexibility of polymer or provides an aid in the
processing of polymer. Thus, plasticizers are additives that are used to space
out the polymer molecules and thus facilitate their movements, leading to an
enhanced flexibility and ductility. The primary objective of using plasticizer
in polymer synthesis process is to enhance the mechanical property of polymer
by increasing flexibility, lowering tensile strength and decreasing the second
order transition temperature. Successful addition of various plasticizers leads
to the formation of a product having high degree of flexibility such as
sheathing or cable insulation or floor coverings. Plasticizers are considered
as the most commonly used additives across various plastic industries. Rising demand for flexible PVC across various end use
segments especially from the construction sector is of the most important
factors anticipated to boost the demand for plasticizers during the forecast
period from 2019 to 2027. Owing to its light weight, toughness, abrasion resistance and high
mechanical strength associated with it, PVC is increasingly used across various
end use sectors including construction, automotive, electrical industries and
logistics sector. In addition, rising demand for PVC from the medical equipment
manufacturing industries is also predicted to trigger the demand for PVC,
thereby expected to have a positive impact on the demand for plasticizers in
the coming years. Asia Pacific held the largest
market in terms of plastic products and is expected to maintain this trend in
the coming years. Thereby predicted to generate the most promising demand for
plasticizers in the coming years. Thus, the rapidly growing economies of Asia
Pacific is an important factor behind the exponential growth of the
infrastructural and construction sector in this region. This in turn, is
anticipated to create huge demand for various PVC products and thus predicted
to generate a better opportunity for various plasticizers manufacturers in the
coming years. On the flip side, Stringent Regulations on the Use of Phthalates
Plasticizers and Rising Demand for Non-PVC Products, is projected to hinder the
growth of the market in next few years. However, demand for bio based
plasticizer and increasing use of plasticizer in green packaging is anticipated
to create new opportunity for the plasticizer manufacturers during the forecast
period.
Segment Covered:
This market
intelligence report on the global Plasticizer market encompasses market
segments based on type, end use industry and geography. On the basis of type,
the market is segmented into Phthalates, Terephthalates, Epoxies, Aliphatic, Others
(Phosphates, Fatty Acid Esters and Trimellitates). Based on end use industry,
the global Plasticizer market has been segregated into wire and cable, consumer
goods, film and sheets, floor and wall coverings, coated fabrics, others
(tablet coating, hoses and profiles, and extrusion). By Geography, the global Plasticizer
market has been divided into North America (the U.S., Canada), South America
(Brazil, Mexico, Argentina and other countries), Europe (Germany, France, the
U.K., Spain, Italy, Russia, and other countries), Asia Pacific (India, Japan,
China, South Korea, Australia and New Zealand and other countries), Middle East
and Africa (GCC, South Africa, Israel and Other countries).
Profiling of Market
Players:
This business intelligence report offers profiling of
reputed companies that are operating in the market. Companies such as Evonik
Industries AG, LG CHEM Ltd., DIC Corporation, Kao Corporation, KLJ Group, Polyone
Corporation, Eastman Chemical Company, UPC Technology, Exxonmobil, Aekyung
Petrochemical, BASF, NAN YA Plastics and others have
been profiled into detail so as to offer a glimpse of the market leaders.
Moreover, parameters such as Plasticizer market related investment &
spending and developments by major players of the market are tracked in this
global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, IGR-Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2017-2027. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Plasticizer market, size of the market (US$ Mn and Units), and Compound
Annual Growth Rate (CAGR (%)) for the period of forecast: 2019 – 2027, taking
into account 2018 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, launch of new products, competitive market strategies of
leading market players, emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Plasticizer market is done by
taking into account various parameters such as company strategies, distribution
strategies, product portfolio, financial performance, key developments,
geographical presence, and company overview
Ø
Leading
market players covered this report comprise names such as Evonik Industries AG, LG CHEM Ltd., DIC Corporation, Kao Corporation, KLJ
Group, Polyone Corporation, Eastman Chemical Company, UPC Technology, Exxonmobil,
Aekyung Petrochemical, BASF and among others.
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of products, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for Plasticizer market caters to the
needs of various stakeholders pertaining to this industry, namely suppliers, manufacturers,
investors, and distributors for Plasticizer market. The research also caters to the rising needs of consulting
and research firms, financial analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the
investment opportunities in the Plasticizer
market
v
Identification
of key factors driving investment opportunities in the Plasticizer market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to
your competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants