Plasticizers are polymer additives meant for improving flexibility, softness, workability, and volatility of the plasticized materials.
Portland, OR -- (SBWIRE) -- 10/11/2017 -- Plasticizers are additives applied in polymers & other materials to enhance their softness, flexibility, and processability. They are applicable in flooring & wall coverings, films & sheets, wires & cables, coated fabrics, consumer goods, and several others.
The global plasticizers market is segmented based on type, application, and geography. Raw materials for plasticizers generally comprise esterification of different types of alcohols & acids as well as other chemicals as per the required application.
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Global plasticizers market is expected to reach $18,538 million by 2022, from $15,179 million in 2015, growing at a CAGR of 2.9% from 2016 to 2022. Plasticizers are polymer additives meant for improving flexibility, softness, workability, and volatility of the plasticized materials.
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The global plasticizers market is driven by rise in demand for flexible PVC in different applications, increase in adoption of non-phthalate & high molecular weight phthalate plasticizers, and growing packaging industries.
PLASTICIZERS MARKET KEY SEGMENTS
-Aliphatic Dibasic Esters
-Flooring & Wall
-Film & Sheet Coverings
-Wires & Cables