plasticizer market Forecast is Booming and Indicating a Significant Growth Rate With a CAGR of 6.0% To 2030
Market Scope Plasticizers refer to chemical compounds added to the polymers to enhance firmness and flexibility. 80–90 % of the net plasticizer is used by the Polyvinyl chloride (PVC) industry. Adipates and phthalates are the most widely used and known types of plasticizers. Report Scope: Report AttributeDetails 2030 Market Size2030: USD 29.77 BillionCAGR6.0% (2022–2030)Base Year2021Forecast Period2022–2030Historical Data2019Forecast UnitsValue (USD Billion)Report CoverageRevenue Forecast, Competitive Landscape, Growth Factors, and TrendsSegments CoveredBy Application, Type and RegionGeographies CoveredNorth America, Europe, Asia-Pacific, and Rest of the World (RoW)Key Market DriversPlasticizers help in making the polymers soft and flexible which further makes the end-products more durable.The development of eco-friendly and bio-based plasticizers is providing a crucial opportunity Competitive Analysis The global plasticizers market has prominent players such as: KAO Corporation (Ja