Key players in Market - BASF SE (Germany), ExxonMobil Corporation (U.S.), Eastman Chemical Company (U.S.), Evonik Industries AG (Germany), LG Chem Ltd. (South Korea), Aekyung Petrochemical Co. Ltd (South Korea), UPC Technology Corporation (Taiwan) etc.
(PRWEB) January 30, 2015
The report “Plasticizers Market by Type (Low Phthalates, High Phthalates, and Non-Phthalates), Sub-Type (DOP, DINP/DIDP, DOTP, Bio-Based, & Others) & Geography - Trends and Forecasts to 2019” defines and segments the plasticizers market with analysis and forecasting of the consumption volume and value.
Browse 97 market data tables and 54 figures spread through 145 pages and in-depth TOC on “Plasticizers Market”
Early buyers will receive 10% customization on this report.
The Asia-Pacific – Biggest market of plasticizers
The Asia-Pacific is the most promising market for plasticizers and is anticipated to be the same in the near future. The Asia-Pacific is the largest market of plasticizers, which consumed more than half of the total demand in 2013. The demand for plasticizers in the region is projected to grow at a CAGR of about 6.41% from 2014 to 2019. It is estimated that China and Japan were the biggest consumers of plasticizers in the region, followed by India in 2013. India is also projected to be the fastest growing plasticizers market in the region due to increasing domestic demand. The Chinese market for plasticizers is also growing at a notable pace, which is primarily due to the growing manufacturing industry that is further pushing the demand for plasticizers, domestically. Also, the budding PVC industry in the region is ultimately pushing demand for plasticizers within the region. Intensified efforts of various regulatory authorities to promote environment-friendly products have led to innovation and developments in the industry, making it a strong hub and the most potential growth market for plasticizers.
Make Inquiry Before Buying this Report @
“Low phthalates –the biggest type segment, and DOTP–the fastest growing sub-type”
Plasticizers are majorly consumed by low phthalates, which were at the forefront in terms of volumetric consumption in 2013, mainly due to the growth in demand of DOP, owing to its low cost and suitable plasticizing properties that are further employed in various applications. The demand of low phthalates is subjugated by China, followed by India, and Japan. Due to its plasticising performance, and cost-effectiveness, DOP is widely employed as a general purpose plasticizer especially with PVC. Additionally, the high phthalates segment is dominant across the globe unlike the low phthalates segment which is majorly in Asia-pacific. On the other hand, DOTP is projected to be the fastest growing non-phthalate (being closely followed by bio-based segment) of plasticizers, which is projected to grow at a CAGR of about 10.18% between 2014 and 2019. The Chinese consumption for DOTP is estimated to almost double in the next five years. The demand for phthalates as a whole is falling out of favour especially when employed in food contact products, medical goods, and toys. This has led to a shift from phthalates to phthalate-free alternatives such as DOTP.
Purchase Report Today!!
Browse Related Reports:
2-Ethylhexanol Market (2-EH) by Applications (Plasticizers, 2-EH Acrylate, 2-EH Nitrate, and Others) & Geography - Trends and Forecasts to 2018
Polyvinyl Chloride Market by Raw Material (EDC & Acetylene), Polymerization Process, Product, End User Industry (Construction, Automotive, Electrical, Packaging, Footwear), Type of Application, & Geography - Trends and Forecasts to 2018
MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
North - Dominion Plaza,
17304, Preston Road,
Suite 800, Dallas, TX 75252
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets