Plasticizers Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Type (Phthalates, Non- Phthalates), By Application (Flooring & Wall Covering, Wire & Cable, Coated Fabric, Consumer Goods, Film & Sheet, Others), By Region and Competition

  • Industry : Chemicals
  • Pages : NA
  • Published Date : NA
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Summary

Report Description

Forecast Period

2024-2028

Market Size (2022)

USD17.23 billion

CAGR (2023-2028)

5.44%

Fastest Growing Segment

Phthalates

Largest Market

Asia Pacific


Market Overview

Global Plasticizers Market has valued at USD17.23 billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 5.44% through 2028. Plasticizers are polymer additives that are specifically designed to enhance the flexibility, softness, workability, and volatility of plasticized materials. These additives can be classified as either internal or external based on the modifications they bring to the materials they are added to. Moreover, external plasticizers can be further categorized as primary or secondary. Primary plasticizers contribute to the elongation and increased softness of the materials, while secondary plasticizers exhibit limited compatibility with polymers and are often used in combination with other plasticizers for optimal results.  Additionally, the plasticizers market is expected to witness significant growth driven by the increasing adoption of non-phthalate and high molecular weight phthalate plasticizers, as well as the rising demand for bio-based materials across various industries throughout the projected period. It is worth noting that plasticizers are available in various types in the market, with phthalates, terephthalates, epoxies, and aliphatics being highly preferred and widely adopted. The global plasticizers market is primarily fueled by the growing demand for flexible PVC in a wide range of applications, the rising adoption of non-phthalate and high molecular weight phthalate plasticizers, and the continuous expansion of the packaging industries. Among the different regions, Asia-Pacific dominates the market in terms of both volume and growth. This can be attributed to the substantial demand and production of plasticizers in China, as well as the rapid development of the market in India and other countries within the region.  However, it is important to note that the market growth is somewhat restricted by strict regulatory bans on certain phthalates and concerns regarding the toxicity of PVC. Nevertheless, continuous innovation in plasticizers, leading to the development of bio-derived alternatives, along with ongoing research and development initiatives by various industry players to explore new applications, are expected to create numerous opportunities for the expansion and advancement of the plasticizer market.

Key Market Drivers

Growing Demand of Plasticizers from Construction Industry

Plasticizers are additives that increase the plasticity or fluidity of a material. In the construction industry, plasticizers are primarily used in concrete and cement to improve workability and durability. They allow these materials to be molded into different shapes without affecting their strength and performance.

As the construction industry continues to grow and evolve, the demand for plasticizers also continues to rise. It is predicted that by 2024, the industry's consumption of plasticizers will generate a revenue of $16,700.6 million. This significant growth can be attributed to the numerous applications of plasticizers in the construction sector, including flooring, wall coverings, roofing, and waterproofing.

Among the regions driving this demand, the Asia Pacific region holds the largest share in the market. This can be attributed to the increasing demand from packaging and construction applications in countries such as China and India, which are experiencing rapid urbanization and infrastructural developments. The need for plasticizers in these regions is expected to surge, further fueling the growth of the market.

To summarize, the growing demand for plasticizers from the construction industry is a major driving force behind the global plasticizers market. With the construction sector poised for expansion, particularly in the Asia Pacific region, the market for plasticizers is expected to witness robust growth in the coming years. This presents lucrative opportunities for manufacturers and suppliers in the plasticizers industry.

Growing Demand of Plasticizers from Automotive Industry

Plasticizers are substances added to materials to increase their flexibility, workability, and durability. In the automotive industry, they are used in the manufacturing of various components such as cables, underbody coatings, sealants, adhesives, and PVC based interiors. These applications enhance the vehicles' performance, safety, and aesthetic appeal. Additionally, plasticizers play a crucial role in improving the overall lifespan of automotive parts, reducing the risk of cracking, or breaking under stress.

The automotive industry has emerged as a significant consumer in the plasticizers market, driven by the ongoing trend of vehicle lightweighting. Lightweight vehicles offer better fuel efficiency and performance, which are key considerations for manufacturers and consumers alike. Consequently, there is an increasing demand for flexible and durable materials like PVC, which require plasticizers. Moreover, plasticizers contribute to the overall sustainability of the automotive industry by enabling the use of recycled materials and reducing the carbon footprint associated with manufacturing.

Regionally, Asia Pacific dominates the plasticizer market due to the rising demand from the automotive sector. Rapid industrialization, coupled with an increasing number of automotive manufacturing units in countries like China and India, is fueling this growth. Furthermore, the presence of a robust supply chain and technological advancements in plasticizer production in the region further strengthens its position in the market.

In conclusion, the growing demand for plasticizers from the automotive industry is a significant driver of the global plasticizers market. As the automotive sector continues to innovate and expand, especially in the Asia Pacific region, the market for plasticizers is expected to follow suit, promising robust growth in the coming years. The continuous research and development efforts to enhance the performance and sustainability of plasticizers will further contribute to the market's expansion, providing new opportunities for manufacturers and suppliers.


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Key Market Challenges

Volatility in Cost of Raw Materials

Price volatility in raw materials is a major concern for industries that heavily rely on these resources, such as the plasticizers industry. The prices of raw materials, including metal, plastics, and chemicals, can fluctuate greatly due to various factors. These factors may include supply and demand dynamics, natural disasters, political instability, and currency fluctuations.

For the plasticizers market, the primary raw materials are petrochemical-based feedstocks, which are particularly susceptible to price fluctuations. These price variations can have a significant impact on the overall production cost, affecting the profitability of manufacturers. Consequently, manufacturers may consider adjusting prices for end consumers to maintain profitability.

The volatility observed in raw material prices introduces uncertainty in the market, making it challenging for companies to plan their budgets and accurately predict their operational and financial performance. In some cases, this volatility can even lead to disruptions in the supply chain, further complicating the production process.

Given the complexity and unpredictability of price fluctuations in raw materials, it becomes crucial for industries to closely monitor market trends, establish robust risk management strategies, and explore alternative sourcing options. By doing so, companies can mitigate the adverse effects of price volatility, maintain stability in their operations, and ensure the long-term sustainability of their businesses.

Key Market Trends

Rise in Demand for Non-PVC Applications

Traditionally, plasticizers have been extensively used in PVC applications to enhance flexibility and workability. However, in recent years, there has been a noticeable shift in the industry towards non-PVC applications. This shift is primarily driven by growing environmental and health concerns associated with phthalates, a commonly used group of plasticizers in PVC.

With the increasing focus on sustainability and the demand for eco-friendly products, manufacturers are actively seeking out alternatives to traditional PVC plasticizers. This has led to the development and adoption of non-phthalate plasticizers, which are considered safer and more environmentally friendly. These non-phthalate plasticizers offer comparable performance and compatibility with various polymers, making them a viable choice for a wide range of applications.

The rising demand for non-PVC applications has significant implications for the global plasticizers market. It not only opens up new opportunities for market players but also encourages innovation in the development of safer and more sustainable plasticizer solutions. As manufacturers explore and invest in non-PVC alternatives, the market is witnessing the emergence of novel formulations and technologies that address the growing concerns related to phthalates.

As we move forward, this trend is expected to continue, driven by stricter environmental regulations, increasing consumer awareness, and the ongoing pursuit of sustainability in the industrial sector. Manufacturers and consumers alike are recognizing the importance of transitioning to non-PVC applications to reduce the environmental impact and health risks associated with traditional plasticizers.

In conclusion, the rise in demand for non-PVC applications is a key trend shaping the global plasticizers market. As manufacturers and consumers prioritize sustainability and seek more environmentally friendly alternatives, the market for non-PVC plasticizers is set to experience substantial growth, influencing the overall dynamics of the global plasticizers market. This shift towards non-PVC solutions is not only a response to regulatory measures but also a reflection of the industry's commitment to creating a more sustainable and healthier future.

Segmental Insights

Type Insights

Based on the category of type, the phthalates segment emerged as the dominant player in the global market for Plasticizers in 2022. Phthalate plasticizers, derived from phthalic acid, are widely utilized in numerous industries as the most commonly used type of plasticizers. These versatile compounds exhibit exceptional compatibility with PVC and other polymers, making them highly sought after. In addition to their compatibility, phthalate plasticizers offer a diverse array of benefits. They provide enhanced flexibility, durability, and improved processing characteristics, resulting in superior performance of plastics. By imparting desirable properties such as softness, elasticity, and workability, phthalate plasticizers play a vital role in optimizing the functionality and versatility of plastic materials.

Application Insights

The wire & cable segment is projected to experience rapid growth during the forecast period. Plasticizers play a crucial role in making polyvinyl chloride (PVC) flexible and soft, which is essential for the manufacturing of wires and cables. Polyvinyl chloride (PVC) possesses a range of intrinsic qualities that make it an excellent choice for various applications. Notably, all cables, regardless of whether they are used in industrial or domestic settings, must adhere to strict safety requirements. One of the key advantages of polyvinyl chloride (PVC) is its fire-retardant nature, which can effectively slow down or even halt the spread of flames in the event of a fire. Additionally, polyvinyl chloride (PVC) offers excellent insulation, strength, and protection, making it suitable for use across a wide temperature range.

According to European Plasticizers, a substantial 25% of plasticizers produced in Europe are specifically used in the production of flexible PVC wires and cables. Undoubtedly, wires and cables represent the largest application sector for flexible PVC products. Their applications span across various industries, including telecommunications, power transmission, domestic appliances, medical equipment, industrial automation, and many more.

Furthermore, the wire and cable industry in India is projected to reach a substantial market value of US$13.26 billion by 2023. This growth can be attributed to the increasing use of wires and cables in diverse sectors, thus driving the demand and consumption of plasticizers.

In summary, the indispensable role of plasticizers in enhancing the flexibility of PVC contributes significantly to its widespread utilization in the wire and cable industry. With its remarkable fire-retardant properties, insulation capabilities, and strength, polyvinyl chloride (PVC) is poised to meet the growing demand for wires and cables, driving the consumption of plasticizers to new heights.


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Regional Insights

Asia Pacific emerged as the dominant player in the Global Plasticizers Market in 2022, holding the largest market share in terms of value. The significant growth in the plasticizers market can be primarily attributed to the increasing demand for plasticizers in various end-use industries across the region. Industries such as electrical & electronics, aerospace, building & construction, and automotive are witnessing a surge in demand for plasticizers. Moreover, the Asia Pacific region, particularly India, is experiencing a notable increase in the consumption of mobile phones, leading to a higher demand for electrical and electronic components.

According to a report released by the India Cellular & Electronics Association (ICEA) in 2020, India has the potential to become a major electronics manufacturing hub by 2026. In line with this, the TATA group planned to invest US$1.5 billion to establish a mobile phone manufacturing plant in Tamil Nadu. Additionally, Samsung has expressed its intention to invest US$50 billion in smartphone production over the next five years, aiming to generate a revenue of approximately US$30 billion. The growth in mobile phone usage directly drives the demand for various electronic components such as capacitors, sensors, batteries, and more.

As a result, the increasing demand and consumption of mobile phones are expected to significantly boost the electrical and electronics industry, thereby positively impacting the plasticizers market.

Recent Developments

  • In January 2022, Evonik, a global leader in specialty chemicals, launched a groundbreaking new plasticizer product called ELATUR DINCD. This innovative product is designed to provide exceptional durability, thanks to its unique combination of high low-temperature flexibility and UV resistance. With ELATUR DINCD, Evonik aims to revolutionize the plasticizer industry, offering a solution that surpasses traditional alternatives in terms of performance and longevity.
  • Building on their commitment to sustainability and innovation, Cargill introduced the bio-based plasticizer BioveroÔ to the North American market in October 2021. This cutting-edge product, derived from renewable sources, presents a game-changing solution for various applications, including cables, wires, clothing, and flooring. Cargill's plans to expand the availability of BioveroÔ globally demonstrate their dedication to reducing the environmental impact of the plastics industry while meeting the growing demand for sustainable alternatives.
  • In June 2019, Perstorp, a leading specialty chemicals company, unveiled Pevalen™ Pro, a non-phthalate plasticizer that offers remarkable flexibility to PVC materials. What sets Pevalen Pro apart is not only its performance but also its renewable nature, aligning with Perstorp's commitment to environmentally friendly solutions. By introducing this innovative product, Perstorp aims to meet the evolving needs of industries while prioritizing sustainability and reducing dependence on traditional plasticizers.
  • November 2022 marked a significant milestone for Evonik Industries as they centralized and expanded their reach in the market. The company introduced 'myFLEXINO,' its first digital platform dedicated to plasticizers, allowing for efficient and effective communication with consumers. This forward-thinking move enables Evonik to extend their product offerings and services seamlessly, providing customers with a personalized and streamlined experience. With 'myFLEXINO,' Evonik continues to demonstrate its commitment to innovation and customer-centric solutions.
  • In August 2022, The Hallstar Company, a renowned specialty chemicals company, made a strategic acquisition by purchasing an ester manufacturing facility in Greensboro, North Carolina, from German specialty chemicals maker Lanxess. This acquisition adds significant assets to The Hallstar Company's portfolio, enabling the production of environmentally friendly phthalate-free plasticizers. By expanding their product range, The Hallstar Company is poised to meet the evolving needs of customers, fostering sustainable growth while providing high-quality solutions to the market.

Key Market Players

  • Amines & Plasticizers Ltd.
  • BASF SE
  • Daelim Industrial Co., Ltd.
  • Eastman Chemical Company
  • Evonik Industries AG
  • Exxon Mobil Corporation
  • Ferro Corporation
  • KLJ Plasticizers Limited
  • Teknor Apex Company, Inc.
  • UPC Technology Corp.

 By Type

By Application

By Region
  • Phthalates
  • Non- Phthalates
  • Flooring & Wall Covering
  • Wire & Cable
  • Coated Fabric
  • Consumer Goods
  • Film & Sheet
  • Others
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

 

Report Scope:

In this report, the Global Plasticizers Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Plasticizers Market, By Type:

o   Phthalates

o   Non- Phthalates

  • Plasticizers Market, By Application:

o   Flooring & Wall Covering

o   Wire & Cable

o   Coated Fabric

o   Consumer Goods

o   Film & Sheet

o   Others

  • Plasticizers Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   Asia-Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Kuwait

§  Turkey

§  Egypt

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Plasticizers Market.

Available Customizations:

Global Plasticizers Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Plasticizers Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]               

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.     Markets Covered

1.2.2.     Years Considered for Study

1.2.3.     Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Global Plasticizers Market Outlook

4.1.  Market Size & Forecast

4.1.1.     By Value

4.2.  Market Share & Forecast

4.2.1.     By Type (Phthalates, Non- Phthalates)

4.2.2.     By Application (Flooring & Wall Covering, Wire & Cable, Coated Fabric, Consumer Goods, Film & Sheet, Others)

4.2.3.     By Region

4.2.4.     By Company (2022)

4.3.  Market Map

4.3.1.     By Type

4.3.2.     By Application

4.3.3.     By Region

5.    Asia Pacific Plasticizers Market Outlook

5.1.  Market Size & Forecast

5.1.1.     By Value

5.2.  Market Share & Forecast

5.2.1.     By Type

5.2.2.     By Application

5.2.3.     By Country

5.3.  Asia Pacific: Country Analysis

5.3.1.     China Plasticizers Market Outlook

5.3.1.1.         Market Size & Forecast

5.3.1.1.1.             By Value

5.3.1.2.         Market Share & Forecast

5.3.1.2.1.             By Type

5.3.1.2.2.             By Application

5.3.2.     India Plasticizers Market Outlook

5.3.2.1.         Market Size & Forecast

5.3.2.1.1.             By Value

5.3.2.2.         Market Share & Forecast

5.3.2.2.1.             By Type

5.3.2.2.2.             By Application

5.3.3.     Australia Plasticizers Market Outlook

5.3.3.1.         Market Size & Forecast

5.3.3.1.1.             By Value

5.3.3.2.         Market Share & Forecast

5.3.3.2.1.             By Type

5.3.3.2.2.             By Application

5.3.4.     Japan Plasticizers Market Outlook

5.3.4.1.         Market Size & Forecast

5.3.4.1.1.             By Value

5.3.4.2.         Market Share & Forecast

5.3.4.2.1.             By Type

5.3.4.2.2.             By Application

5.3.5.     South Korea Plasticizers Market Outlook

5.3.5.1.         Market Size & Forecast

5.3.5.1.1.             By Value

5.3.5.2.         Market Share & Forecast

5.3.5.2.1.             By Type

5.3.5.2.2.             By Application

6.    Europe Plasticizers Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Type

6.2.2.     By Application

6.2.3.     By Country

6.3.  Europe: Country Analysis

6.3.1.     France Plasticizers Market Outlook

6.3.1.1.         Market Size & Forecast

6.3.1.1.1.             By Value

6.3.1.2.         Market Share & Forecast

6.3.1.2.1.             By Type

6.3.1.2.2.             By Application

6.3.2.     Germany Plasticizers Market Outlook

6.3.2.1.         Market Size & Forecast

6.3.2.1.1.             By Value

6.3.2.2.         Market Share & Forecast

6.3.2.2.1.             By Type

6.3.2.2.2.             By Application

6.3.3.     Spain Plasticizers Market Outlook

6.3.3.1.         Market Size & Forecast

6.3.3.1.1.             By Value

6.3.3.2.         Market Share & Forecast

6.3.3.2.1.             By Type

6.3.3.2.2.             By Application

6.3.4.     Italy Plasticizers Market Outlook

6.3.4.1.         Market Size & Forecast

6.3.4.1.1.             By Value

6.3.4.2.         Market Share & Forecast

6.3.4.2.1.             By Type

6.3.4.2.2.             By Application

6.3.5.     United Kingdom Plasticizers Market Outlook

6.3.5.1.         Market Size & Forecast

6.3.5.1.1.             By Value

6.3.5.2.         Market Share & Forecast

6.3.5.2.1.             By Type

6.3.5.2.2.             By Application

7.    North America Plasticizers Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Type

7.2.2.     By Application

7.2.3.     By Country

7.3.  North America: Country Analysis

7.3.1.     United States Plasticizers Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Type

7.3.1.2.2.             By Application

7.3.2.     Mexico Plasticizers Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Type

7.3.2.2.2.             By Application

7.3.3.     Canada Plasticizers Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Type

7.3.3.2.2.             By Application

8.    South America Plasticizers Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Type

8.2.2.     By Application

8.2.3.     By Country

8.3.  South America: Country Analysis

8.3.1.     Brazil Plasticizers Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Type

8.3.1.2.2.             By Application

8.3.2.     Argentina Plasticizers Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Type

8.3.2.2.2.             By Application

8.3.3.     Colombia Plasticizers Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Type

8.3.3.2.2.             By Application

9.    Middle East and Africa Plasticizers Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Type

9.2.2.     By Application

9.2.3.     By Country

9.3.  MEA: Country Analysis

9.3.1.     South Africa Plasticizers Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Type

9.3.1.2.2.             By Application

9.3.2.     Saudi Arabia Plasticizers Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Type

9.3.2.2.2.             By Application

9.3.3.     UAE Plasticizers Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Type

9.3.3.2.2.             By Application

9.3.4.     Egypt Plasticizers Market Outlook

9.3.4.1.         Market Size & Forecast

9.3.4.1.1.             By Value

9.3.4.2.         Market Share & Forecast

9.3.4.2.1.             By Type

9.3.4.2.2.             By Application

10.  Market Dynamics

10.1.              Drivers

10.2.              Challenges

11.  Market Trends & Developments

11.1.              Recent Developments

11.2.              Product Launches

11.3.              Mergers & Acquisitions

12.  Global Plasticizers Market: SWOT Analysis

13.  Porter’s Five Forces Analysis

13.1.              Competition in the Industry

13.2.              Potential of New Entrants

13.3.              Power of Suppliers

13.4.              Power of Customers

13.5.              Threat of Substitute Product

14.  Competitive Landscape

14.1.         Amines & Plasticizers Ltd.

14.1.1.          Business Overview

14.1.2.           Company Snapshot

14.1.3.           Products & Services

14.1.4.           Current Capacity Analysis

14.1.5.           Financials (In case of listed)

14.1.6.           Recent Developments

14.1.7.           SWOT Analysis

14.2.          BASF SE

14.3.          Daelim Industrial Co., Ltd.

14.4.          Eastman Chemical Company

14.5.          Evonik Industries AG

14.6.          Exxon Mobil Corporation

14.7.          Ferro Corporation

14.8.          KLJ Plasticizers Limited

14.9.          Teknor Apex Company, Inc.

14.10.       UPC Technology Corp.

15.  Strategic Recommendations

16.  About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Plasticizers Market was estimated to be USD17.23 billion in 2022.

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The phthalates segment demonstrated significant dominance in 2022. This can be attributed to their high-performance properties, including their strong solvent capabilities, low transition temperature, low volatility, low diffusion, stability, and flame retardancy.

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Asia Pacific dominated the market with a revenue share in 2022. The region’s plasticizers business is expanding alongside the growth of the electrical and electronic industries.

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Growing demand of plasticizers in construction and automotive industries are the major drivers for the Global Plasticizers Market.

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Sakshi Bajaal

Business Consultant
Press Release

Plasticizers Market to Grow with a CAGR of 5.44% through 2028

Nov, 2023

Growth in cosmetics and personal care industry are expected to drive the Global Plasticizers Market growth in the forecast period, 2024-2028.

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