Plasticizers Market Worth 16.15 Billion USD by 2022
The rising demand for plasticizers for the manufacture of flexible PVC is expected to drive the plasticizers market during the forecast period. The manufacture of flexible PVC consumes about 85% of the global plasticizers market. The necessity to soften plastics for usage in various applications, such as wire & cable, film & sheet, and flooring & wall covering, among others by increasing the flexibility of plastics, have resulted in high demand for plasticizers.
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