Specialty Plasticizer Market
Specialty plasticizers are additives to plastics to improve their performance characteristics such as high molecular weight, low toxicity, and good electrical conduction for use across various end-user industries. The global specialty plasticizer market report by Market Research Future (MRFR) contains revenue estimations, growth factors, challenges, and opportunities for the period of 2016 to 2022 (forecast period).
Competition Outlook
Lg Chem LTD., Evonik Industries AG, Eastman Chemical Company, Shandong Qilu Plasticizers Co. LTD, UPC Group, Exxonmobil Corporation, Struktol Company of America, Nan Ya Plastics Corporation, BASF SE, Aekyung Petrochemical Co. LTD, and others are key players of the global specialty plasticizer market.
Get Free Sample Copy of Brochure @ https://www.marketresearchfuture.com/sample_request/2781
Market Scope
The global specialty plasticizer market can expand at 3% CAGR during the forecast period to reach a valuation of USD 18,594.07 million by 2022. Applications in roofing’s, floorings, cables, and wall coverings can fuel the market demand till the end of the forecast period. Massive demand for PVC and non-phthalates will facilitate its growth. These additives can modify or enhance the properties of plastics according to the end product.
Films and sheets can command a massive demand of plastic additives owing to the packaging industry. Increasing awareness of health and hygiene amid regulations from federal agencies can drive the need for films and sheets. Rising living standards and the growing population can drive the need for PVC materials in construction and automotive sectors. Its long shelf life and demand for lightweight materials in these sectors can drive the demand for these additives.
Opportunities have emerged in the form of bio-plasticizers as a viable substitute for phthalates. The demand for plastics in toys, cables, automotive interiors, and floorings can drive the demand in renewable and bio-based raw material. Health concerns among consumers can push this trend. Sales and demand of automobiles and the improved expendable income levels of consumers can drive the demand for special additives in tires. They are known to perform well at low temperatures as well. Concrete additives require specialty plasticizers has application in floors and walls.
However, the ban on specialty plasticizers in toys and personal care products aimed at children can hamper global market growth.
Segmentation
The global Specialty plasticizer market is majorly segmented based on type and application.
By type, it is segmented into polymeric, phthalates, trimellitates, phosphates epoxides, aliphatic dibasic esters, and others.
By application, the market is segmented into consumer goods, coated fabric, wire & cable, flooring & wall coverings, film & sheet, and others.
Regional Analysis
Geographically, the market is segmented into North America, Europe, Asia Pacific (APAC), Latin America, and Middle East & Africa (MEA).
Share your Queries at https://www.marketresearchfuture.com/enquiry/2781
The APAC region is expected to lead in the global market owing to the flourishing construction industry. This can be attributed to the migration of consumers to urban areas and tremendous demand for consumer goods and construction activities. Infrastructural projects undertaken by governments to modernize the infrastructure for the public and attract tourists will drive the demand for specialty plasticizers. Taiwan and South Korea are major contributors of the region.
Europe follows APAC owing to the presence of major end-use industries. The region is too mature for the market in terms of production and consumption owing to infrastructural development and economic conditions of people.
Related Report
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Edibles.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact Information:
Market Research Future®
99 Hudson Street,5Th Floor
New York, New York 10013
United States of America
Phone:
+1 628 258 0071(US)
+44 2035 002 764(UK)
