PVC Plasticizers is used as chemicals which are mixed with polymer for improving flexibility, softness, and brittleness of plastics. It is also used for improving malleability of the material. PVC Plasticizers may be internal or external based on the kind of modifications done to the materials to which they are added. Furthermore, external plasticizers are classified into primary and secondary plasticizer. Primarily plasticizers are used for elongation & increase the softness of the materials, while secondary plasticizers are mainly used in mixing agent with other plasticizers. Plasticizers are available as different types in the market among which phthalates, terephthalates, epoxies, and aliphatic are highly adopted.
|Market||PVC Plasticizers Market|
|Analysis Period||2015 - 2026|
|Forecast Data||2015 - 2026|
|Segments Covered||By Types By Application and By Geography
|Regional Scope||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa|
|Key Companies Profiled||BASF SE (Germany), UPC Technology Corporation (Taiwan),Aekyung Petrochemical Co., Ltd (South Korea), Exxon Mobil Corporation (US), and Nan Ya Plastics Corporation (Taiwan)|
||Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis|
|Customization Scope||10 hrs of free customization and expert consultation|
Urbanization and infrastructural growth, rising demand for flexible PVC is an application such as growing adoption of non-phthalate & high molecular weight phthalate plasticizers are driving the PVC Plasticizer market. Growing packing industries, healthy growth in the automotive sector will be the major drivers for the plasticizer market during the forecasted period. Additionally, due to the high demand of softening plastics in various applications, such as wire & cable, film & sheet, and flooring & wall covering, among others by increasing the flexibility of plastics, are likely to contribute for the growth of PVC plasticizers.
Market Classification and Overview
The global PVC plasticizer market is segmented by type, and application.
On the basis of the type, the PVC plasticizer market is a Phthalates, Terephthalates, trimelliates, epoxide, phosphate, sebacates, extender, aliphatic, andothers
On the basis of the application, the market is segmented into the flooring & wall, film & sheet covering wires & cables, coated fibers, consumer goods, and other.
Geographically, the global air purification system market is segmented into North America, Europe, Asia Pacific, and the Latin America and the Middle East & Africa (LAMEA)
Asia Pacific is expected to hold the largest share in PVC plasticizer market owing to the rising demand for flexible PVC in the region. Rapid growth in the construction sector, especially in the residential sector and also increasing demand for automotive, and industrialization are likely to propel the need for PVC plasticizer; ultimate driven the market growth to drive the market. China, India is the largest market for PVC plasticizers in the Asia Pacific.
North America and Europe are growing at a constant pace in the PVC plasticizer market owing to a large number of established automobile companies who are using PVC plasticizer to manufacture automotive & aerospace component. In the Europe region, the use of PVC plasticizer phthalates is recommended by the European Pharmacopoeia as the chemical ingredients for softening disposable medical items, blood bags, and tubing. However, North America is the hub of established industries, where most of the prominent players have been operating, has very limited growth opportunities for this market, which is going to affect the North America PVC plasticizers market in the near future.
Latin America and Middle East & Africa (LAMEA)are expected as the emerging market for PVC plasticizer during the forecast period. Due to the rising automobile industries especially by PSA Group is expected to fuel the growth of the LAMEA PVC plasticizer.
Some of the prominent players which are operating in the PVC plasticizers market are BASF SE (Germany), UPC Technology Corporation (Taiwan),Aekyung Petrochemical Co., Ltd (South Korea), Exxon Mobil Corporation (US), and Nan Ya Plastics Corporation (Taiwan)
Market By Types
Market By Application
Market By Geography