Global Plasticizers (Low Phthalates, High Phthalates, and Non-Phthalates) Market - Trends and Forecasts to 2019
DUBLIN, Jan. 23, 2015 /PRNewswire/ --Research and Markets
(http://www.researchandmarkets.com/research/rxn3wn/plasticizers) has announced the addition of the "Plasticizers Market by Type, Sub-Type & Geography - Trends and Forecasts to 2019" report to their offering.
The plasticizers market, along with its various types and sub-types, has witnessed a considerable growth in the recent years and this growth is projected to persist in the coming years. Phthalates are the most widely consumed type of plasticizers, with low phthalates being at the forefront. The demand for low phthalates is led by DOP, which accounted for a share of nearly 50.0% of the overall market in 2013. Asia-pacific is the biggest consumer of DOP, and China is at the forefront in terms of volumetric consumption of DOP in the region. Although DOP still leads the demand for plasticizers, this demand is expected to decline in the coming years, due to the stringent environment regulations especially in Europe and North America.
Currently, Asia-Pacific is the largest consumer of plasticizers, which consumed more than half of the total demand in 2013. Among all the countries, China dominates the plasticizers market, which consumed the maximum volume of plasticizers in 2013. The market volume of plasticizers is comparatively low in the RoW region, but is expected show the highest CAGR from 2014 to 2019, followed by Asia-Pacific.
The overall plasticizers demand is driven by the DOP and DINP/DIDP segment which collectively consumed almost three-fourth of the total global demand in 2013. DOP is the widely consumed low phthalate, whereas DINP/DIDP are the most consumed high phthalates. The non-phthalate plasticizers are projected to witness the highest growth between 2014 and 2019. Among the non-phthalates, DOTP is projected to be the strongest growth segment of plasticizers which is primarily due to the usage as a substitute to the harmful phthalates.
Also, the bio-based segment is witnessed to grow at a notable pace in next few years. Some of the key players in the plasticizers market include 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), and Nan Ya Plastics Corporation (Taiwan).
This report covers the plasticizers market by various regions and major countries in each region. It also provides a detailed segmentation of the plasticizers market on the basis of major types and sub-types, along with its projection till 2019.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Plasticizers Market, By Type
8 Plasticizers Market, By Sub-Type
9 Plasticizers Market, By Region
10 Competitive Landscape
11 Company Profiles
Companies Mentioned:
- Aekyung Petrochemical Co. LTD.
- Basf Se
- Eastman Chemical Company
- Evonik Industries Ag
- Exxonmobil Corporation
- Lg Chem LTD.
- Nan Ya Plastics Corporation
- Shandong Hongxin Chemicals Co. LTD.
- Shandong Qilu Plasticizers Co. LTD.
- Upc Technology Corporation
For more information visit http://www.researchandmarkets.com/research/rxn3wn/plasticizers
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets
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