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.
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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.
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.
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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:
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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