As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
The plasticisers industry is being driven by its application as additives in many materials globally. The plasticisers are majorly used in plastics and polyvinyl chloride (PVC). The market is further being boosted by the initiatives undertaken by the regulatory authorities to promote eco-friendly products. This has stimulated the demand for bio-plasticisers in developed regions. Although the phthalate-based plasticiser was a dominant segment and represented the majority of the market share of plasticisers, it is facing a wavering growth owing to the rise in health concerns and stringent government regulations. This has led to the rising demand for bio-plasticisers that is presently an important trend in the market.
The market is further aided by the product advancements and developments being made by the industry players. Exxon Mobil Corporation (NYSE: XOM) has developed Jayflex™ DINP plasticizer, which offers an opportunity to save costs and provide a good balance of properties. It is used for PVC and is a brilliant substitute for Di (2-ethylhexyl) phthalate (DOP) in most compliant PVC applications. The product is safe to use, non-carcinogenic, and non-mutagenic. It is also not toxic for reproduction category 1 or 2. The new developments within the plasticisers industry strengthen it, and further is expected to promote its growth over the forecast period.
Market Analysis by Type, Application, and Region:
Key Findings of the Report:
Key Offerings of the Report:
BASF SE, Arkema Group, Evonik Industries AG, Exxon Mobil Corporation, Eastman Chemical Company, LG Chem, and Ineos AG, among others, are the key players in the global plasticisers market. The EMR report looks into the capacity, market share, and latest developments of these major players like plant turnarounds, mergers and acquisitions, and capacity expansions.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.