Plasticizers Market Report

 

Sugar in flooring or packaging films? Researchers are working on bio-based plasticizers made from waste from the production of food and wood. However, until now, these chemicals have been almost exclusively made from petroleum, and are added in large quantities to plastics, elastomers, paints and coatings, adhesives, and even deodorants and perfumes. This is the sixth time Ceresana has analyzed the global market for plasticizers. The market researchers forecast that global demand for these indispensable additives will increase to a total of around 11.2 million tonnes by 2031.

 

 

  

PVC Plastics Are the Largest Area of Application

In 2021, around 7.7 million tonnes of plasticizers were needed to make plastic products more pliable, soft and elastic. Polyvinyl chloride, which is hard and brittle in itself, would often be useless without plasticizers: soft PVC consists of up to 50% plasticizers. Last year, 2.37 million tonnes of these additives were used for plastic films alone, closely followed by cables and profiles. Until 2031, Ceresana expects the highest growth rate in plasticizer demand for the application area films (3.0%). Currently, Asia-Pacific accounts for almost two-thirds of plasticizer consumption. Ceresana expects this region to continue to record above-average growth rates in the coming years – so that the consumption of plasticizers there is expected to rise to 7.4 million tonnes.

Wanted: Plasticizer Without Phthalates

Plasticizers can evaporate from the end products, wash out or spread, for example, through the abrasion of plastic particles. Phthalates in particular, which are considered harmful to health and the environment, have now been banned for many applications. Nevertheless, DEHP (bis(2-ethylhexyl) phthalate) remained the most widely used plasticizer in 2021, accounting for 3.18 million tonnes worldwide. The two phthalates DINP (diisononyl phthalate) and DIDP (diisodecyl phthalate) collectively accounted for around 31% of the total plasticizer market. However, plastics processors are increasingly looking for more environmentally friendly alternatives. Ceresana analysts expect demand for phthalate-free plasticizers to increase by 3.9% per year to around 2.6 million tonnes.

 

 

The Plasticizer Market Study in Brief:

Chapter 1 provides a presentation and analysis of the global plasticizers market - including forecasts up to 2031: demand in tonnes and sales in USD and EUR are detailed for each region of the world. Furthermore, global and regional demand per product type and per application area is analyzed.

The following plasticizer types are considered in detail:

  • Bis(2-ethylhexyl)phthalate (DEHP)
  • Diisononyl Phthalate (DINP) and Diisodecyl Phthalate (DIDP)
  • Other Phthalates
  • Plasticizers Without Phthalates

The following areas of application for plasticizers are being analyzed:

  • Profiles
  • Films
  • Cables
  • Floorings
  • Other Plastic Products
  • Elastomers
  • Paints and Coatings
  • Adhesives

Chapter 2 provides demand and revenue figures for a total of 44 countries. In addition, the demand in the individual application areas is analyzed in detail for the individual countries.

Chapter 3 provides useful company profiles of the most important plasticizer manufacturers, clearly arranged by contact details, revenues, profit, product range, production sites and brief profile. Detailed profiles are provided by 79 manufacturers, e.g., Arkema S.A., BASF SE, Dow Inc., Eastman Chemical Company, Evonik Industries AG, Kao Corporation, Lanxess AG, LG Chem, Ltd., Mitsubishi Chemical Holdings Corporation, and Nan Ya Plastics Corp.

 

Scope of the Report:

Attributes

Details

Base Year

2021

Trend Period

2019 - 2031

Forecast Period

2022 - 2031

Pages

330

Plasticizer Types

Bis(2-ethylhexyl)phthalate (DEHP), Diisononyl Phthalate (DINP) and Diisodecyl Phthalate (DIDP), Other Phthalates, Non-Phthalates

Application Areas

Profiles, Films, Cables, Floorings, Other Plastics, Elastomers, Paints and Coatings, Adhesives

Company Profiles

Arkema S.A., BASF SE, Dow Inc., Eastman Chemical Company, Evonik Industries AG, Kao Corporation, Lanxess AG, LG Chem, Ltd., Mitsubishi Chemical Holdings Corporation, and Nan Ya Plastics Corp. (Selection)

Edition

6th edition

Publication

June 2022

 

FAQs

How high will the demand for plasticizers be by 2031?

Global demand for plasticizers will increase to a total of around 11.2 million tonnes by 2031.

 

Which application area had the highest plasticizers demand in 2021?

The application area plastic films had the the highest plasticizers demand, with 2.37 million tonnes.

 

How is the demand for plasticizers without phthalates developing?

We expect demand for phthalate-free plasticizers to increase by 3.9% per year to around 2.6 million tonnes.

1 Market Data: World and Regions

1.1 World
1.1.1 Demand
1.1.2 Revenues

1.1.3 Applications
1.1.3.1 Profiles
1.1.3.2 Films
1.1.3.3 Wires & Cables
1.1.3.4 Floorings
1.1.3.5 Other Plastic Products
1.1.3.6 Elastomers
1.1.3.7 Paints and Coatings
1.1.3.8 Adhesives

1.1.4 Types of Plasticizers
1.1.4.1 Bis(2-ethylhexyl)phthalate (DEHP)
1.1.4.2 Diisononyl Phthalate (DINP) and Diisodecyl Phthalate (DIDP)
1.1.4.3 Other Phthalates
1.1.4.4 Non-Phthalates

1.2 Western Europe
1.2.1 Demand
1.2.2 Revenues
1.2.3 Applications and Types

1.3 Eastern Europe
1.3.1 Demand
1.3.2 Revenues
1.3.3 Applications and Types

1.4 North America
1.4.1 Demand
1.4.2 Revenues
1.4.3 Applications and Types

1.5 South America
1.5.1 Demand
1.5.2 Revenues
1.5.3 Applications and Types

1.6 Asia-Pacific
1.6.1 Demand
1.6.2 Revenues
1.6.3 Applications and Types

1.7 Middle East
1.7.1 Demand
1.7.2 Revenues
1.7.3 Applications and Types

1.8 Africa
1.8.1 Demand
1.8.2 Revenues
1.8.3 Applications and Types

2 Market Data: Countries

2.1 Western Europe
2.1.1 Austria
2.1.2 Belgium
2.1.3 Finland
2.1.4 France
2.1.5 Germany
2.1.6 Italy
2.1.7 The Netherlands
2.1.8 Portugal
2.1.9 Spain
2.1.10 Sweden
2.1.11 Switzerland
2.1.12 United Kingdom
2.1.13 Other Western Europe

2.2 Eastern Europe
2.2.1 Czechia
2.2.2 Greece
2.2.3 Hungary
2.2.4 Poland
2.2.5 Romania
2.2.6 Russia
2.2.7 Slovakia
2.2.8 Turkey
2.2.9 Ukraine
2.2.10 Other Eastern Europe

2.3 North America
2.3.1 Canada
2.3.2 Mexico
2.3.3 USA

2.4 South America
2.4.1 Argentina
2.4.2 Brazil
2.4.3 Chile
2.4.4 Colombia
2.4.5 Peru
2.4.6 Venezuela
2.4.7 Other South America

2.5 Asia-Pacific
2.5.1 Australia
2.5.2 China
2.5.3 India
2.5.4 Indonesia
2.5.5 Japan
2.5.6 Malaysia
2.5.7 South Korea
2.5.8 Taiwan
2.5.9 Thailand
2.5.10 Other Asia-Pacific

2.6 Middle East
2.6.1 Iran
2.6.2 Israel
2.6.3 Pakistan
2.6.4 Saudi Arabia
2.6.5 Other Middle East

2.7 Africa
2.7.1 Egypt
2.7.2 South Africa
2.7.3 Other Africa

3 Company Profiles*

3.1 Western Europe
Belgium (1 Producer)
France (2)
Germany (5)
Italy (2)
Sweden (2)
Switzerland (2)
United Kingdom (2)

3.2 Eastern Europe
Czechia (1)
Poland (1)
Russia (3)
Turkey (3)

3.3 North America
Mexico (2)
USA (13)

3.4 South America
Argentina (1)
Brazil (3)
Colombia (1)

3.5 Asia-Pacific
China (7)
India (6)
Japan (10)
Malaysia (1)
South Korea (4)
Taiwan (4)

3.6 Middle East
Israel (1)

3.7 Africa
South Africa (2)

*Note: The profiles are assigned to the country in which the company or holding is headquartered. Profiles also include JVs and subsidiaries.

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