Global Plasticizer Market - Trends, COVID-19 impact and Growth Forecasts to 2029
Global Plasticizer Market by end use (Flooring and Wall Covering, Wire and Cable, Film and Sheet, Consumer Goods and Others), by Type (Phthalates, Terephthalates, Epoxies, Aliphatics, Trimellitates, and Others), by region (Asia-Pacific, North America, Europe, South America, Middle East and Africa), with forecasts till 2029 (value and volume)
The global Plasticizer market was valued at US$14.3 billion in 2021 and is expected to grow at a CAGR of 4.0% over 2022-2029. The leading factors driving growth is the Plasticizer’s widespread use in flexible Polyvinyl Chloride (PVC) manufacturing.
PVC is the one of most extensively used polymer in the world. Plasticizers are introduced during the manufacturing of PVC to alter the flexible related characteristics of the polymer. These products can be utilized in different end uses compared to conventional PVC as they offer robust performance characteristics along with superior durability.
ChemIntel360’s global Plasticizer market study is a 210 page report containing in-depth analysis on historical and forecasted spending and consumption patterns in the sector. The study offers granular value and volume data from a global, regional, applications, and end-use industry perspective.
For the purpose of this study, we have considered the base year to be 2021, the historical period to run through 2018-2021 and the forecast period from 2022-2029.
Figure 1: Global Plasticizer Market during 2018-2029 in US$ billion
Insights on End Use:
The Plasticizer market has been segmented into Flooring and Wall Covering, Wire and Cable, Film and Sheet, Consumer Goods and Others in terms of end-use.
Flooring and Wall Covering led the market with a market share of 20.1% in 2021 and is expected to the key end use segment of the Plasticizers market. The growth of this segment can be attributed to the benefits offered by plasticised floors such as improved waterproofing performance, improved stain resistance, and greater anti-slippage. These floors are more inexpensive and safer compared to their conventional counterparts. Moreover, these floors are extensively utilized in medical clinics and hospital setting as they are easy to maintain and durable.
Figure 2: Global Plasticizer Market by End-use in 2021
Insights on Types:
The Plasticizer market has been segmented into Phthalates, Terephthalates, Epoxies, Aliphatics, Trimellitates, and Others in terms of type.
Phthalate Plasticizers dominated the market with a market share of 66% in 2021 due to their low manufacturing cost and ease of availability. Moreover, they can be easily utilized in different applications. They are utilized in the construction sector to make vinyl-based surfaces more resilient. In addition, as it improves the flexibility, electrical resistivity and heat resistance of the end product, they are ideal material for PVC electrical wiring insulation.
Figure 3: Global Plasticizer Market by Type in 2021
Regional Insights
The APAC Plasticizer market held the largest share of 58% in 2021 and is expected to witness robust growth during the forecast period. Among the key reasons include the growing demand for plasticizers in flooring and wall coverings in developing economies such as China and India as well as easy availability of raw materials. In North America and Europe, increased use of Non-phthalate based Plasticizers would contribute the regional demand. In addition, infrastructure initiatives such as the U.S. Infrastructure bill designed to modernize the existing transportation system would increase the demand of Plasticizers during the forecast period.
Figure 4: Global Plasticizer Market by Region in 2021
Insights on Key Markets:
China was the largest market and was valued at US$3.9 billion in 2021. Growing demand of the plasticizers in the production of pipe, flooring, and wall covering used in the construction sector would drive the growth of the market.
The U.S. market was valued at US$1.6 billion in 2021. This can be attributed to the growing use of the Plasticizers in the consumer goods and packaging applications. In addition, introduction of the U.S infrastructure bill as well as increase in home renovation projects would contribute to the growth of the market.
Figure 5: Global Plasticizer Market by Key Countries in 2021
Market dynamics
Trends
A key trend witnessed in the Plasticizer market is that the companies are concentrating on the Plasticizers that can handle higher temperature fluctuations and have robust abrasion resistance. To cater to specific needs of the customers, producers are investing in the product development of their existing product mix.
Drivers
Plasticizers play a critical part in making rigid PVC more pliable. They do so by aiding the polymer chains to slip against each other. The PVC products which are made more pliable by the aid of Plasticizers are termed as flexible PVC. Flexible PVC garners a share more than a third of the total PVC market, finding use in a range of applications such as wall covering, bonded films, wires, automobile, textiles, pipes, and medical products. In addition to superior properties, the growing standard of living in emerging economies are leading to the increased demand for flexible PVC products in different construction and automotive applications.
Opportunities
The strong regulatory pressure on the Plasticizer industry have led to the advancement of environmentally friendly Plasticizers as a replacement to their conventional counterparts. The Plasticizers industry is intent on launching safer replacements with a strong emphasis on bio-based feedstock that offer a more favourable carbon footprint. These bio-based Plasticizers provide a key opportunity for the companies to expand their share in the Plasticizer market.
Challenges
Feedstock prices of raw materials such as Adipic Acid have remained high because of inclement weather interruptions in North American Gulf coast. Chemical manufacturer, Lanxess raised its price for Adipic Acid citing strong rise in raw feedstock expenditures in the third quarter of 2020. This is a key concern for the Plasticizer producers and can have a negative effect on the growth of the global Plasticizers market.
Impact of COVID-19
The Plasticizer industry was negatively affected by the Covid-19 pandemic. Due to the pandemic, economies around the globe went into lockdown, to limit the reach of the coronavirus. Due to this, the global supply and demand chain got disturbed affecting all industry verticals. Several manufacturing divisions and infrastructural plans were put on hold leading to a decrease in the consumption of Plasticizers used in end-uses such as wall coverings, cables and wires.
The rising price of raw material feedstock used in Plasticizer manufacturing and COVID-19 pandemic also stalled the development of the Plasticizer market. The companies are anticipating the economic situation to revert back to normal and the market demand to recover in the forecast period. The U.S. and China among the others have reopened the economies and are expected to project strong GDP numbers in the next few years.
Scope of the Global Plasticizer report
This report provides analysis of the latest industry trends and estimates revenue and volume growth at global, regional, and country levels. For this report, ChemIntel360 has segmented the global Plasticizer market based on end use, type and region.
Insights on End Use (Volume in Kilotons; Revenue in US$ billion/ million, 2018-2029)
- Flooring and Wall Covering
- Wire and Cable
- Film and Sheet
- Consumer Goods
- Others
Insights on Type (Volume in Kilotons; Revenue in US$ billion/ million, 2018-2029)
- Phthalates
- Terephthalates
- Epoxies
- Aliphatics
- Trimellitates
- Others
Insights on Regional market (Volume in Kilotons; Revenue in US$ billion/ million, 2018-2029)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Asia Pacific
- China
- India
- Japan
- South America
- Brazil
- Argentina
- Colombia
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
Table of Contents
Executive summary
Table of contents
List of tables
List of figures
Chapter-1: Introduction
1.1 Objective of the report
1.2 Market definition
1.3 Scope of the report
1.3.1 Markets covered
1.3.2 Years covered
1.4 Conventions
1.5 Stakeholder
1.6 Summary methodology
1.7 Data collection
1.7.1 Secondary research
1.7.2 Primary research
1.8 Market size estimation
1.8.1 Bottom-up approach
1.8.2 Top-down approach
1.9 Data triangulation
1.10 Assumptions and limitations
1.11 COVID-19 impact
Chapter-2: Market Overview
2.1 Introduction
2.2 Covid impact on the market
2.3 Market Dynamics
2.3.1 Drivers
2.3.2 Restraints
2.3.3 Opportunities
2.3.4 Challenges
2.4 Key Players
2.5 Trends
2.6 Recent Developments
Chapter-3: Segment Analysis
3.1.1 Market overview, 2018-2029 (US$ Billion)
3.1.2 Market overview, 2018-2029 (Million tons)
3.2.1 Plasticizer market: Flooring and Wall Covering (US$ billion)
3.2.2 Plasticizer market: Flooring and Wall Covering (Million tons)
3.3.1 Plasticizer market: Wire and Cable (US$ billion)
3.3.2 Plasticizer market: Wire and Cable (Million tons)
3.4.1 Plasticizer market: Film and Sheet (US$ billion)
3.4.2 Plasticizer market: Film and Sheet (US$ Million tons)
3.5.1 Plasticizer market: Consumer Goods (US$ billion)
3.5.2 Plasticizer market: Consumer Goods (Million tons)
3.6.1 Plasticizer market: Others (US$ billion)
3.6.2 Plasticizer market: Others (US$ billion)
Chapter-4: Regional Analysis
4.1 Market overview, 2018-2029
4.2.1 Market overview, 2018-2029 (US$ Billion)
4.2.2 Market overview, 2018-2029 (Million tons)
4.3.1 Plasticizer market: Asia Pacific (US$ billion)
4.3.2 Plasticizer market: Asia Pacific (Million tons)
4.4.1 Plasticizer market: North America (US$ billion)
4.4.2 Plasticizer market: North America (US$ billion)
4.5.1 Plasticizer market: Europe (US$ billion)
4.5.2 Plasticizer market: Europe (Million tons)
4.6.1 Plasticizer market: South America (US$ billion)
4.6.2 Plasticizer market: South America (Million tons)
4.7.1 Plasticizer market: Middle East and Africa (US$ billion)
4.7.2 Plasticizer market: Middle East and Africa (Million tons)
Chapter-5: Regional market Analysis by End use
5.1 Plasticizer regional market end use composition
5.1.1 Plasticizer market: APAC Flooring and Wall Covering (US$ billion)
5.1.2 Plasticizer market: APAC Flooring and Wall Covering (Million tons)
5.2.1 Plasticizer market: APAC Wire and Cable (US$ billion)
5.2.2 Plasticizer market: APAC Wire and Cable (Million tons)
5.3.1 Plasticizer market: APAC Film and Sheet (US$ billion)
5.3.2 Plasticizer market: APAC Film and Sheet (Million tons)
5.4.1 Plasticizer market: APAC Consumer Goods (US$ billion)
5.4.2 Plasticizer market: APAC Consumer Goods (Million tons)
5.5.1 Plasticizer market: APAC others (US$ billion)
5.5.2 Plasticizer market: APAC others (Million tons)
5.6.1 Plasticizer market: North America Flooring and Wall Covering (US$ billion)
5.6.2 Plasticizer market: North America Flooring and Wall Covering (Million tons)
5.7.1 Plasticizer market: North America Wire and Cable (US$ billion)
5.7.2 Plasticizer market: North America Wire and Cable (Million tons)
5.8.1 Plasticizer market: North America Film and Sheet (US$ billion)
5.8.2 Plasticizer market: North America Film and Sheet (Million tons)
5.9.1 Plasticizer market: North America Consumer Goods (US$ billion)
5.9.2 Plasticizer market: North America Consumer Goods (Million tons)
5.10.1 Plasticizer market: North America others (US$ billion)
5.10.2 Plasticizer market: North America others (Million tons)
5.11.1 Plasticizer market: Europe Flooring and Wall Covering (US$ billion)
5.11.2 Plasticizer market: Europe Flooring and Wall Covering (Million tons)
5.12.1 Plasticizer market: Europe Wire and Cable (US$ billion)
5.12.2 Plasticizer market: Europe Wire and Cable (Million tons)
5.13.1 Plasticizer market: Europe Film and Sheet (US$ billion)
5.13.2 Plasticizer market: Europe Film and Sheet (Million tons)
5.14.1 Plasticizer market: Europe Consumer Goods (US$ billion)
5.14.2 Plasticizer market: Europe Consumer Goods (Million tons)
5.15.1 Plasticizer market: Europe others (US$ billion)
5.15.2 Plasticizer market: Europe others (Million tons)
5.16.1 Plasticizer market: South America Flooring and Wall Covering (US$ billion)
5.16.2 Plasticizer market: South America Flooring and Wall Covering (Million tons)
5.17.1 Plasticizer market: South America Wire and Cable(US$ billion)
5.17.2 Plasticizer market: South America Wire and Cable (Million tons)
5.18.1 Plasticizer market: South America Film and Sheet (US$ billion)
5.18.2 Plasticizer market: South America Film and Sheet (Million tons)
5.19.1 Plasticizer market: South America Consumer Goods (US$ billion)
5.19.2 Plasticizer market: South America Consumer Goods (Million tons)
5.20.1 Plasticizer market: South America others (US$ billion)
5.20.2 Plasticizer market: South America others (Million tons)
5.21.1 Plasticizer market: Middle East and Africa Flooring and Wall Covering (US$ billion)
5.21.2 Plasticizer market: Middle East and Africa Flooring and Wall Covering (Million tons)
5.22.1 Plasticizer market: Middle East & Africa Wire and Cable (US$ billion)
5.22.2 Plasticizer market: Middle East and Africa Wire and Cable (Million tons)
5.23.1 Plasticizer market: Middle East and Africa Film and Sheet (US$ billion)
5.23.2 Plasticizer market: Middle East and Africa Film and Sheet (Million tons)
5.24.1 Plasticizer market: Middle East and Africa Consumer Goods (US$ billion)
5.24.2 Plasticizer market: Middle East and Africa Consumer Goods (Million tons)
5.25.1 Plasticizer market: Middle East and Africa others (US$ billion)
5.25.2 Plasticizer market: Middle East and Africa others (Million tons)
Chapter-6: Markets Analysis by Type
6.1 Plasticizer regional market composition
6.1.1 Plasticizer market: APAC Phthalates (US$ billion)
6.1.2 Plasticizer market: APAC Phthalates (Million tons)
6.2.1 Plasticizer market: APAC Terephthalates (US$ billion)
6.2.2 Plasticizer market: APAC Terephthalates (Million tons)
6.3.1 Plasticizer market: APAC Epoxies (US$ billion)
6.3.2 Plasticizer market: APAC Epoxies (Million tons)
6.4.1 Plasticizer market: APAC Aliphatics (US$ billion)
6.4.2 Plasticizer market: APAC Aliphatics (Million tons)
6.5.1 Plasticizer market: APAC Trimellitates (US$ billion)
6.5.2 Plasticizer market: APAC Trimellitates (Million tons)
6.6.1 Plasticizer market: APAC Others (US$ billion)
6.6.2 Plasticizer market: APAC Others (Million tons)
6.7.1 Plasticizer market: North America Phthalates (US$ billion)
6.7.2 Plasticizer market: North America Phthalates (Million tons)
6.8.1 Plasticizer market: North America Terephthalates (US$ billion)
6.8.2 Plasticizer market: North America Terephthalates (Million tons)
6.9.1 Plasticizer market: North America Epoxies (US$ billion)
6.9.2 Plasticizer market: North America Epoxies (Million tons)
6.10.1 Plasticizer market: North America Aliphatics (US$ billion)
6.10.2 Plasticizer market: North America Aliphatics (Million tons)
6.11.1 Plasticizer market: North America Trimellitates (US$ billion)
6.11.2 Plasticizer market: North America Trimellitates (Million tons)
6.12.1 Plasticizer market: North America Others (US$ billion)
6.12.2 Plasticizer market: North America Others (Million tons)
6.13.1 Plasticizer market: Europe Phthalates (US$ billion)
6.13.2 Plasticizer market: Europe Phthalates (Million tons)
6.14.1 Plasticizer market: Europe Terephthalates (US$ billion)
6.14.2 Plasticizer market: Europe Terephthalates (Million tons)
6.15.1 Plasticizer market: Europe Epoxies (US$ billion)
6.15.2 Plasticizer market: Europe Epoxies (Million tons)
6.16.1 Plasticizer market: Europe Aliphatics (US$ billion)
6.16.2 Plasticizer market: Europe Aliphatics (Million tons)
6.17.1 Plasticizer market: Europe Trimellitates (US$ billion)
6.17.2 Plasticizer market: Europe Trimellitates (Million tons)
6.18.1 Plasticizer market: Europe Others (US$ billion)
6.18.2 Plasticizer market: Europe Others (Million tons)
6.19.1 Plasticizer market: South America Phthalates (US$ billion)
6.19.2 Plasticizer market: South America Phthalates (Million tons)
6.20.1 Plasticizer market: South America Terephthalates (US$ billion)
6.20.2 Plasticizer market: South America Terephthalates (Million tons)
6.21.1 Plasticizer market: South America Epoxies (US$ billion)
6.21.2 Plasticizer market: South America Epoxies (Million tons)
6.22.1 Plasticizer market: South America Aliphatics (US$ billion)
6.22.2 Plasticizer market: South America Aliphatics (Million tons)
6.23.1 Plasticizer market: South America Trimellitates (US$ billion)
6.23.2 Plasticizer market: South America Trimellitates (Million tons)
6.24.1 Plasticizer market: South America Others (US$ billion)
6.24.2 Plasticizer market: South America Others (Million tons)
6.25.1 Plasticizer market: Middle East and Africa Phthalates (US$ billion)
6.25.2 Plasticizer market: Middle East and Africa Phthalates (Million tons)
6.26.1 Plasticizer market: Middle East and Africa Terephthalates (US$ billion)
6.26.2 Plasticizer market: Middle East and Africa Terephthalates (Million tons)
6.27.1 Plasticizer market: Middle East and Africa Epoxies (US$ billion)
6.27.2 Plasticizer market: Middle East and Africa Epoxies (Million tons)
6.28.1 Plasticizer market: Middle East and Africa Aliphatics (US$ billion)
6.28.2 Plasticizer market: Middle East and Africa Aliphatics (Million tons)
6.29.1 Plasticizer market: Middle East and Africa Trimellitates (US$ billion)
6.29.2 Plasticizer market: Middle East and Africa Trimellitates (Million tons)
6.30.1 Plasticizer market: Middle East and Africa Others (US$ billion)
6.20.2 Plasticizer market: Middle East and Africa Others (Million tons)
Chapter-7: Key Markets Analysis
7.1 Plasticizer key market size composition
7.1.1 Market overview, 2018-2029 (US$ Billion)
7.1.2 Market overview, 2018-2029 (million tons)
7.2.1 Plasticizer market: US, North America (US$ billion)
7.2.2 Plasticizer market: US, North America (Million tons)
7.3.1 Plasticizer market: Canada, North America (US$ billion)
7.3.2 Plasticizer market: Canada, North America (Million tons)
7.4.1 Plasticizer market: Mexico, North America (US$ billion)
7.4.2 Plasticizer market: Mexico, North America (Million tons)
7.5.1 Plasticizer market: Germany, Europe (US$ billion)
7.5.2 Plasticizer market: Germany, Europe (Million tons)
7.6.1 Plasticizer market: Italy, Europe (US$ billion)
7.6.2 Plasticizer market: Italy, Europe (Million tons)
7.7.1 Plasticizer market: France, Europe (US$ billion)
7.7.2 Plasticizer market: France, Europe (Million tons)
7.8.1 Plasticizer market: China, Asia Pacific (US$ billion)
7.8.2 Plasticizer market: China, Asia Pacific (Million tons)
7.9.1 Plasticizer market: India, Asia Pacific (US$ billion)
7.9.2 Plasticizer market: India, Asia Pacific (Million tons)
7.10.1 Plasticizer market: Japan, Asia Pacific (US$ billion)
7.10.2 Plasticizer market: Japan, Asia Pacific (Million tons)
7.11.1 Plasticizer market: Brazil, South America (US$ billion)
7.11.2 Plasticizer market: Brazil, South America (Million tons)
7.12.1 Plasticizer market: Argentina, South America (US$ billion)
7.12.2 Plasticizer market: Argentina, South America (Million tons)
7.13.1 Plasticizer market: Colombia, South America (US$ billion)
7.13.2 Plasticizer market: Colombia, South America (Million tons)
7.14.1 Plasticizer market: South Africa, Middle East and Africa (US$ billion)
7.14.2 Plasticizer market: South Africa, Middle East and Africa (Million tons)
7.15.1 Plasticizer market: UAE, Middle East and Africa (US$ billion)
7.15.2 Plasticizer market: UAE, Middle East and Africa (Million tons)
7.16.1 Plasticizer market: Saudi Arabia, Middle East and Africa (US$ billion)
7.16.2 Plasticizer market: Saudi Arabia, Middle East and Africa (Million tons)
Chapter-8: Company profiles
8.1 BASF
8.2 Exxon Mobil Corporation
8.3 UPC Technology Corporation
8.4 Shandong Hongxin Chemicals
8.5 Aekyung Petrochemical
8.6 LG Chem
8.7 Evonik Industries
8.8 Eastman Chemical Company
8.9 Nan Ya Plastics Corporation
8.10 Shandong Qilo Plasticizers
Appendix
Glossary of terms
Disclaimer
About Us
List of Tables
Table 1: By value: Plasticizer market by end use during 2018-2029 in US$ billion
Table 2: By volume: Plasticizer market by segment during 2018-2029 in million tons
Table 3: By value: Plasticizer Market by region during 2018-2029 in US$ Billion
Table 4: By volume: Plasticizer Market by region during 2018-2029 in
Million tons
Table 5: By Value: key Plasticizer markets in US$ Billion
Table 6: By Volume: key Plasticizer markets in million tons
List of Figures
Figure 1: By value: Plasticizer market segment share during 2018-2029 in %
Figure 2: By volume: Plasticizer market segment share during 2018-2029 in %
Figure 3: By value: Share of Flooring and Wall Covering in Phenol market during 2018-2029 in %
Figure 4: By value: Flooring and Wall Covering in Phenol market during 2018-2029 in US$ Billion
Figure 5: By volume: Share of Flooring and Wall Covering market during 2018-2029 in %
Figure 6: By volume: Flooring and Wall Covering market during 2018-2029 in million tons
Figure 7: By value: Share of Wire and Cable market during 2018-2029 in %
Figure 8: By value: Wire and Cable market during 2018-2029 in US$ Billion
Figure 9: By volume: Share of Wire and Cable market during 2018-2029 in %
Figure 10: By volume: Wire and Cable market during 2018-2029
in million tons
Figure 11: By value: Share of Film and Sheet market during 2018-2029 in %
Figure 12: By value: Film and Sheet market during 2018-2029 in US$ Billion
Figure 13: By volume: Share of Film and Sheet market during 2018-2029 in %
Figure 14: By volume: Film and Sheet market during 2018-2029 in million tons
Figure 15: By value: Share of Consumer Goods market during 2018-2029 in %
Figure 16: By value: Consumer Goods market during 2018-2029 in US$ Billion
Figure 17: By volume: Share of Consumer Goods market during 2018-2029 in %
Figure 18: By volume: Consumer Goods market during 2018-2029 in million tons
Figure 19: By value: Others market during 2018-2029 in US$ Billion
Figure 20: By value: Share of Others market during 2018-2029 in %
Figure 21: By volume: Others market during 2018-2029 in million tons
Figure 22: By volume: Others market during 2018-2029 in million tons
Figure 23: By Value: key Plasticizer regional markets in US$ Billion
Figure 24: By Volume: key Plasticizer regional markets in million tons
Figure 25: By value: Plasticizer market region share during 2018-2029 in %
Figure 26: By volume: Plasticizer market region share during 2018-2029 in %
Figure 27: By value: Share of Asia Pacific market during 2018-2029 in %
Figure 28: By value: Asia Pacific market during 2018-2029 in US$ Billion
Figure 29: By volume: Share of Asia Pacific market during 2018-2029 in %
Figure 30: By volume: APAC market during 2018-2029 in million tons
Figure 31: By value: Share of North America market during 2018-2029 in %
Figure 32: By value: North America market during 2018-2029 in US$ Billion
Figure 33: By volume: Share of North America market during 2018-2029 in %
Figure 34: By volume: North America market during 2018-2029 in million tons
Figure 35: By value: Share of Europe market during 2018-2029 in
Figure 36: By value: Europe market during 2018-2029 in US$ Billion
Figure 37: By volume: Share of Europe market during 2018-2029 in %
Figure 38: By volume: Europe market during 2018-2029 in million tons
Figure 39: By value: Share of South America market during 2018-2029 in %
Figure 40: By value: South America market during 2018-2029 in US$ Billion
Figure 41: By volume: Share of South America market during 2018-2029 in %
Figure 42: By volume: South America market during 2018-2029 in million tons
Figure 43: By value: Share of Middle East & Africa market during 2018-2029 in %
Figure 44: By value: Middle East and Africa market during 2018-2029 in US$ Billion
Figure 45: By volume: Share of Middle East and Africa market during
2018-2029 in %
Figure 46: By volume: Middle East and Africa market during 2018-2029
in million tons
Figure 47: By value: Share of APAC Flooring and Wall Covering market during 2018-2029 in %
Figure 48: By value: APAC Flooring and Wall Covering market during 2018-2029 in US$ Billion
Figure 49: By volume: Share of APAC Flooring and Wall Covering market during 2018-2029 in %
Figure 50: By volume: APAC Flooring and Wall Covering market during 2018-2029 in million tons
Figure 51: By value: Share of APAC Wire and Cable market during
2018-2029 in %
Figure 52: By value: APAC Wire and Cable market during 2018-2029 in US$ Billion
Figure 53: By volume: Share of APAC Wire and Cable market during 2018-2029 in %
Figure 54: By volume: APAC Wire and Cable market during 2018-2029 in million tons
Figure 55: By value: Share of APAC Film and Sheet market during 2018-2029 in %
Figure 56: By value: APAC Film and Sheet market during 2018-2029 in US$ Billion
Figure 57: By volume: Share of APAC Film and Sheet market during 2018-2029 in %
Figure 58: By volume: APAC Film and Sheet market during 2018-2029 in million tons
Figure 59: By value: Share of APAC Consumer Goods market during 2018-2029 in %
Figure 60: By value: APAC Consumer Goods market during 2018-2029 in US$ Billion
Figure 61: By volume: Share of APAC Consumer Goods market during 2018-2029 in %
Figure 62: By volume: APAC Consumer Goods market during 2018-2029 in million tons
Figure 63: By value: Share of APAC others market during 2018-2029 in %
Figure 64: By value: APAC others market during 2018-2029 in US$ Billion
Figure 65: By volume: Share of APAC others market during 2018-2029 in %
Figure 66: By volume: APAC others market during 2018-2029 in million tons
Figure 67: By value: Share of North America Flooring and Wall Covering market
during 2018-2029 in %
Figure 68: By value: North America Flooring and Wall Covering market during 2018-2029
in US$ Billion
Figure 69: By volume: Share of North America Flooring and Wall Covering market
during 2018-2029 in %
Figure 70: By volume: North America Flooring and Wall Covering market during 2018-2029 in million tons
Figure 71: By value: Share of North America Wire and Cable market during 2018-2029 in %
Figure 72: By value: North America Wire and Cable market during 2018-2029 in US$ Billion
Figure 73: By volume: Share of North America Wire and Cable market during 2018-2029 in %
Figure 82: By volume: North America Wire and Cable market during 2018-2029 in million tons
Figure 83: By value: Share of North America Film and Sheet market
during 2018-2029 in %
Figure 84: By value: North America Film and Sheet market during 2018-2029
in US$ Billion
Figure 85: By volume: Share of North America Film and Sheet market during
2018-2029 in %
Figure 86: By volume: North America Film and Sheet market during 2018-2029
in million tons
Figure 87: By value: Share of North America Consumer Goods market during
2018-2029 in %
Figure 88: By value: North America Consumer Goods market during 2018-2029 in US$ Billion
Figure 89: By volume: Share of North America Consumer Goods market during 2018-2029 in %
Figure 90: By volume: North America Consumer Goods market during 2018-2029 in million tons
Figure 91: By value: North America others market during 2018-2029 in %
Figure 92: By value: North America others market during 2018-2029 in US$ Billion
Figure 93: By volume: Share of North America others market during 2018-2029 in %
Figure 94: By volume: North America others market during 2018-2029 in million tons
Figure 95: By value: Share of Europe Flooring and Wall Covering market during 2018-2029 in %
Figure 96: By value: Europe Flooring and Wall Covering market during 2018-2029 in US$ Billion
Figure 97: By volume: Share of Europe Flooring and Wall Covering market during 2018-2029 in %
Figure 98: By volume: Europe Flooring and Wall Covering market during 2018-2029 in million tons
Figure 99: By value: Share of Europe Wire and Cable market during
2018-2029 in %
Figure 100: By value: Europe Wire and Cable market during 2018-2029
in US$ Billion
Figure 101: By volume: Share of Europe Wire and Cable market
during 2018-2029 in %
Figure 102: By volume: Europe Wire and Cable market during
2018-2029 in million tons
Figure 103: By value: Share of Europe Film and Sheet market during
2018-2029 in %
Figure 104: By value: Europe Film and Sheet market during 2018-2029
in US$ Billion
Figure 105: By volume: Share of Europe Film and Sheet solvent market during
2018-2029 in %
Figure 106: By volume: Europe Film and Sheet market during 2018-2029
in million tons
Figure 107: By value: Share of Europe Consumer Goods market during
2018-2029 in %
Figure 108: By value: Europe Consumer Goods market during 2018-2029
in US$ Billion
Figure 109: By volume: Share of Europe Consumer Goods market during
2018-2029 in %
Figure 110: By volume: Europe Consumer Goods market during 2018-2029
in million tons
Figure 111: By value: Share of Europe others market during 2018-2029 in %
Figure 112: By value: Europe others market during 2018-2029 in US$ Billion
Figure 113: By volume: Share of Europe others market during 2018-2029 in %
Figure 114: By volume: Europe others market during 2018-2029 in million tons
Figure 115: By value: Share of South America Flooring and Wall Covering market during
2018-2029 in %
Figure 116: By value: South America Flooring and Wall Covering market during 2018-2029
in US$ Billion
Figure 117: By volume: Share of South America Flooring and Wall Covering market during
2018-2029 in %
Figure 118: By volume: South America Flooring and Wall Covering market during 2018-2029
in million tons
Figure 119: By value: Share of South America Wire and Cable market during 2018-2029 in %
Figure 120: By value: South America Wire and Cable market
during 2018-2029 in US$ Billion
Figure 121: By volume: Share of South America Wire and Cable market during 2018-2029 in %
Figure 122: By volume: South America Wire and Cable market
during 2018-2029 in million tons
Figure 123: By value: Share of South America Film and Sheet market during 2018-2029 in %
Figure 124: By value: Share of South America Film and Sheet market
during 2018-2029 in million tons
Figure 125: By volume: Share of South America Film and Sheet market during 2018-2029 in %
Figure 126: By volume: South America Film and Sheet market during 2018-2029 in million tons
Figure 127: By value: Share of South America Consumer Goods market during 2018-2029 in %
Figure 128: By value: South America Consumer Goods market during 2018-2029 in US$ Billion
Figure 129: By volume: Share of South America Consumer Goods market during 2018-2029 in %
Figure 130: By volume: South America Consumer Goods market during 2018-2029 in million tons
Figure 131: By value: Share of South America others market during 2018-2029 in %
Figure 132: By value: South America others market during 2018-2029 in US$ Billion
Figure 133: By volume: Share of South America others market during 2018-2029 in %
Figure 134: By volume: South America others market during 2018-2029
in million tons
Figure 135: By value: Share of Middle East and Africa Flooring and Wall Covering market during
2018-2029 in %
Figure 136: By value: Middle East and Africa Flooring and Wall Covering market during 2018-2029
in US$ Billion
Figure 137: By volume: Share of Middle East and Africa Flooring and Wall Covering market during
2018-2029 in %
Figure 138: By volume: Middle East and Africa Flooring and Wall Covering market during
2018-2029 in million tons
Figure 139: By value: Share of Middle East and Africa Wire and Cable
market during 2018-2029 in %
Figure 140: By value: Middle East and Africa Wire and Cable market
during 2018-2029 in US$ Billion
Figure 141: By volume: Share of Middle East and Africa Wire and Cable
market during 2018-2029 in %
Figure 142: By volume: Middle East and Africa Wire and Cable market
during 2018-2029 in million tons
Figure 143: By value: Share of Middle East and Africa Film and Sheet market
during 2018-2029 in %
Figure 144: By value: Middle East and Africa Film and Sheet market during
2018-2029 in million tons
Figure 145: By volume: Share of Middle East and Africa Film and Sheet
market during 2018-2029 in %
Figure 146: By volume: Middle East and Africa Film and Sheet market during
2018-2029 in million tons
Figure 147: By value: Share of Middle East and Africa Consumer Goods market
during 2018-2029 in %
Figure 148: By value: Middle East and Africa Consumer Goods market during
2018-2029 in US$ Billion
Figure 149: By volume: Share of Middle East and Africa Consumer Goods
market during 2018-2029 in %
Figure 150: By volume: Middle East and Africa Consumer Goods market during
2018-2029 in million tons
Figure 151: By value: Share of Middle East and Africa others market during 2018-2029 in %
Figure 152: By value: Middle East and Africa others market during 2018-2029 in US$ Billion
Figure 153: By volume: Share of Middle East and Africa others market during 2018-2029 in %
Figure 154: By volume: Middle East and Africa others market during 2018-2029 in million tons
Figure 155: By value: Share of APAC Phthalates market during 2018-2029 in %
Figure 155: By value: APAC Phthalates market during 2018-2029 in US$ Billion
Figure 156: By volume: Share of APAC Phthalates market during 2018-2029 in %
Figure 156: By volume: APAC Phthalates market during 2018-2029 in million tons
Figure 157: By value: Share of APAC Terephthalates market during 2018-2029 in %
Figure 157: By value: APAC Terephthalates market during 2018-2029 in US$ Billion
Figure 158: By volume: Share of APAC Terephthalates market during 2018-2029 in %
Figure 159: By volume: APAC Terephthalates market during 2018-2029 in million tons
Figure 160: By value: Share of APAC Epoxies market during 2018-2029 in %
Figure 161: By value: APAC Epoxies market during 2018-2029 in US$ Billion
Figure 162: By volume: Share of APAC Epoxies market during 2018-2029 in %
Figure 163: By volume: APAC Epoxies market during 2018-2029 in million tons
Figure 164: By value: Share of APAC Aliphatics market during 2018-2029 in %
Figure 165: By value: APAC Aliphatics market during 2018-2029 in US$ Billion
Figure 166: By volume: Share of APAC Aliphatics market during 2018-2029 in %
Figure 167: By volume: APAC Aliphatics market during 2018-2029 in million tons
Figure 168: By value: Share of APAC Trimellitates process market during 2018-2029 in %
Figure 169: By value: APAC Trimellitates process market during 2018-2029 in US$ Billion
Figure 170: By volume: Share of APAC Trimellitates process market during 2018-2029 in %
Figure 171: By volume: APAC Trimellitates process market during 2018-2029 in million tons
Figure 172: By value: Share of APAC Others market during 2018-2029 in %
Figure 173: By value: APAC Others market during 2018-2029 in US$ Billion
Figure 174: By volume: Share of APAC Others market during 2018-2029 in %
Figure 175: By volume: APAC Others market during 2018-2029 in million tons
Figure 176: By value: Share of North America Phthalates market during 2018-2029 in %
Figure 177: By value: North America Phthalates market during 2018-2029 in US$ Billion
Figure 178: By volume: Share of North America Phthalates market during 2018-2029 in %
Figure 179: By volume: North America Phthalates market during 2018-2029 in million tons
Figure 180: By value: Share of North America Terephthalates market during 2018-2029 in %
Figure 181: By value: North America Terephthalates market during 2018-2029 in US$ Billion
Figure 182: By volume: Share of North America Terephthalates market during 2018-2029 in %
Figure 183: By volume: North America Terephthalates market during 2018-2029 in million tons
Figure 184: By value: Share of North America Epoxies market during 2018-2029 in %
Figure 185: By value: North America Epoxies market during 2018-2029 in US$ Billion
Figure 186: By volume: Share of North America Epoxies market during 2018-2029 in %
Figure 187: By volume: North America Epoxies market during 2018-2029 in million tons
Figure 188: By value: Share of North America Aliphatics market during 2018-2029 in %
Figure 189: By value: North America Aliphatics market during 2018-2029 in US$ Billion
Figure 190: By volume: Share of North America Aliphatics market during 2018-2029 in %
Figure 191: By volume: North America Aliphatics market during 2018-2029 in million tons
Figure 192: By value: Share of North America Trimellitates process market during 2018-2029 in %
Figure 193: By value: North America Trimellitates process market during 2018-2029 in US$ Billion
Figure 194: By volume: Share of North America Trimellitates process market during 2018-2029 in %
Figure 195: By volume: North America Trimellitates process market during 2018-2029 in million tons
Figure 196: By value: Share of North America Others market during 2018-2029 in %
Figure 197: By value: North America Others market during 2018-2029 in US$ Billion
Figure 198: By volume: Share of North America Others market during 2018-2029 in %
Figure 199: By volume: North America Others market during 2018-2029 in million tons
Figure 200: By value: Share of Europe Phthalates market during 2018-2029 in %
Figure 201: By value: Europe Phthalates market during 2018-2029 in US$ Billion
Figure 202: By volume: Share of Europe Phthalates market during 2018-2029 in %
Figure 203: By volume: Europe Phthalates market during 2018-2029 in million tons
Figure 204: By value: Share of Europe Terephthalates market during 2018-2029 in %
Figure 205: By value: Europe Terephthalates market during 2018-2029 in US$ Billion
Figure 206: By volume: Share of Europe Terephthalates market during 2018-2029 in %
Figure 207: By volume: Europe Terephthalates market during 2018-2029 in million tons
Figure 208: By value: Share of Europe Epoxies market during 2018-2029 in %
Figure 209: By value: Europe Epoxies market during 2018-2029 in US$ Billion
Figure 210: By volume: Share of Europe Epoxies market during 2018-2029 in %
Figure 211: By volume: Europe Epoxies market during 2018-2029 in million tons
Figure 212: By value: Share of Europe Aliphatics market during 2018-2029 in %
Figure 213: By value: Europe Aliphatics market during 2018-2029 in US$ Billion
Figure 214: By volume: Share of Europe Aliphatics market during 2018-2029 in %
Figure 215: By volume: Europe Aliphatics market during 2018-2029 in million tons
Figure 216: By value: Share of Europe Trimellitates process market during 2018-2029 in %
Figure 217: By value: Europe Trimellitates process market during 2018-2029 in US$ Billion
Figure 218: By volume: Share of Europe Trimellitates process market during 2018-2029 in %
Figure 219: By volume: Europe Trimellitates process market during 2018-2029 in million tons
Figure 220: By value: Share of Europe Others market during 2018-2029 in %
Figure 221: By value: Europe Others market during 2018-2029 in US$ Billion
Figure 222: By volume: Share of Europe Others market during 2018-2029 in %
Figure 223: By volume: Europe Others market during 2018-2029 in million tons
Figure 224: By value: Share of South America Phthalates market during 2018-2029 in %
Figure 225: By value: South America Phthalates market during 2018-2029 in US$ Billion
Figure 226: By volume: Share of South America Phthalates market during 2018-2029 in %
Figure 227: By volume: South America Phthalates market during 2018-2029 in million tons
Figure 228: By value: Share of South America Terephthalates market during 2018-2029 in %
Figure 229: By value: South America Terephthalates market during 2018-2029 in US$ Billion
Figure 230: By volume: Share of South America Terephthalates market during 2018-2029 in %
Figure 231: By volume: South America Terephthalates market during 2018-2029 in million tons
Figure 232: By value: Share of South America Epoxies market during 2018-2029 in %
Figure 233: By value: South America Epoxies market during 2018-2029 in US$ Billion
Figure 234: By volume: Share of South America Epoxies market during 2018-2029 in %
Figure 235: By volume: South America Epoxies market during 2018-2029 in million tons
Figure 236: By value: Share of South America Aliphatics market during 2018-2029 in %
Figure 237: By value: South America Aliphatics market during 2018-2029 in US$ Billion
Figure 238: By volume: Share of South America Aliphatics market during 2018-2029 in %
Figure 239: By volume: South America Aliphatics market during 2018-2029 in million tons
Figure 240: By value: Share of South America Trimellitates process market during 2018-2029 in %
Figure 241: By value: South America Trimellitates process market during 2018-2029 in US$ Billion
Figure 242: By volume: Share of South America Trimellitates process market during 2018-2029 in %
Figure 243: By volume: South America Trimellitates process market during 2018-2029 in million tons
Figure 244: By value: Share of South America Others market during 2018-2029 in %
Figure 245: By value: South America Others market during 2018-2029 in US$ Billion
Figure 247: By volume: Share of South America Others market during 2018-2029 in %
Figure 248: By volume: South America Others market during 2018-2029 in million tons
Figure 249: By value: Share of Middle East and Africa Phthalates market during 2018-2029 in %
Figure 250: By value: Middle East and Africa Phthalates market during 2018-2029 in US$ Billion
Figure 251: By volume: Share of Middle East and Africa Phthalates market during 2018-2029 in %
Figure 252: By volume: Middle East and Africa Phthalates market during 2018-2029 in million tons
Figure 253: By value: Share of Middle East and Africa Terephthalates market during 2018-2029 in %
Figure 254: By value: Middle East and Africa Terephthalates market during 2018-2029 in US$ Billion
Figure 255: By volume: Share of Middle East and Africa Terephthalates market during 2018-2029 in %
Figure 256: By volume: Middle East and Africa Terephthalates market during 2018-2029 in million tons
Figure 257: By value: Share of Middle East and Africa Epoxies market during 2018-2029 in %
Figure 258: By value: Middle East and Africa Epoxies market during 2018-2029 in US$ Billion
Figure 259: By volume: Share of Middle East and Africa Epoxies market during 2018-2029 in %
Figure 260: By volume: Middle East and Africa Epoxies market during 2018-2029 in million tons
Figure 261: By value: Share of Middle East and Africa Aliphatics market during 2018-2029 in %
Figure 262: By value: Middle East and Africa Aliphatics market during 2018-2029 in US$ Billion
Figure 263: By volume: Share of Middle East and Africa Aliphatics market during 2018-2029 in %
Figure 264: By volume: Middle East and Africa Aliphatics market during 2018-2029 in million tons
Figure 265: By value: Share of Middle East and Africa Trimellitates process market during 2018-2029 in %
Figure 266: By value: Middle East and Africa Trimellitates process market during 2018-2029 in US$ Billion
Figure 267: By volume: Share of Middle East and Africa Trimellitates process market during 2018-2029 in %
Figure 268: By volume: Middle East and Africa Trimellitates process market during 2018-2029 in million tons
Figure 269: By value: Share of Middle East and Africa Others market during 2018-2029 in %
Figure 270: By value: Middle East and Africa Others market during 2018-2029 in US$ Billion
Figure 271: By volume: Share of Middle East and Africa Others market during 2018-2029 in %
Figure 272: By volume: Middle East and Africa Others market during 2018-2029 in million tons
Figure 273: By Value: key Plasticizer regional markets in US$ billion
Figure 274: By Value: key Plasticizer regional markets in million tons
Figure 275: By value: Share of US market during 2018-2029 in %
Figure 276: By value: US market during 2018-2029 in US$ Billion
Figure 277: By volume: Share of US market during 2018-2029 in %
Figure 278: By volume: US market during 2018-2029 in million tons
Figure 279: By value: Share of Canada market during 2018-2029 in %
Figure 280: By value: Canada market during 2018-2029 in US$ Billion
Figure 281: By volume: Share of Canada market during 2018-2029 in %
Figure 282: By volume: Canada market during 2018-2029 in million tons
Figure 283: By value: Share of Mexico market during 2018-2029 in %
Figure 284: By value: Mexico market during 2018-2029 in US$ Billion
Figure 285: By volume: Share of Mexico market during 2018-2029 in %
Figure 286: By volume: Mexico market during 2018-2029 in million tons
Figure 287: By value: Share of Germany market during 2018-2029 in %
Figure 288: By value: Germany market during 2018-2029 in US$ Billion
Figure 289: By volume: Share of Germany market during 2018-2029 in %
Figure 290: By volume: Germany market during 2018-2029 in million tons
Figure 291: By value: Share of Italy market during 2018-2029 in %
Figure 292: By value: Italy market during 2018-2029 in US$ Billion
Figure 293: By volume: Share of Italy market during 2018-2029 in %
Figure 294: By volume: Italy market during 2018-2029 in million tons
Figure 295: By value: Share of France market during 2018-2029 in %
Figure 296: By value: France market during 2018-2029 in US$ Billion
Figure 297: By volume: Share of France market during 2018-2029 in %
Figure 298: By volume: France market during 2018-2029 in million tons
Figure 299: By value: Share of China market during 2018-2029 in %
Figure 300: By value: China market during 2018-2029 in US$ Billion
Figure 301: By volume: Share of China market during 2018-2029 in %
Figure 302: By volume: China market during 2018-2029 in million tons
Figure 303: By value: Share of India market during 2018-2029 in %
Figure 304: By value: India market during 2018-2029 in US$ Billion
Figure 305: By volume: Share of India market during 2018-2029 in %
Figure 306: By volume: India market during 2018-2029 in million tons
Figure 307: By value: Share of Japan market during 2018-2029 in %
Figure 308: By value: Japan market during 2018-2029 in US$ Billion
Figure 309: By volume: Share of Japan market during 2018-2029 in %
Figure 310: By volume: Japan market during 2018-2029 in million tons
Figure 311: By value: Share of Brazil market during 2018-2029 in %
Figure 312: By value: Brazil market during 2018-2029 in US$ Billion
Figure 313: By volume: Share of Brazil market during 2018-2029 in %
Figure 314: By volume: Brazil market during 2018-2029 in million tons
Figure 315: By value: Share of Argentina market during 2018-2029 in %
Figure 316: By value: Argentina market during 2018-2029 in US$ Billion
Figure 317: By volume: Share of Argentina market during 2018-2029 in %
Figure 318: By volume: Argentina market during 2018-2029 in million tons
Figure 319: By value: Share of Colombia market during 2018-2029 in %
Figure 320: By value: Colombia market during 2018-2029 in US$ Billion
Figure 321: By volume: Share of Colombia market during 2018-2029 in %
Figure 322: By volume: Colombia market during 2018-2029 in million tons
Figure 323: By value: Share of South Africa market during 2018-2029 in %
Figure 324: By value: South Africa market during 2018-2029 in US$ Billion
Figure 325: By volume: Share of South Africa market during 2018-2029 in %
Figure 326: By volume: South Africa market during 2018-2029 in million tons
Figure 327: By value: Share of UAE market during 2018-2029 in %
Figure 328: By value: UAE market during 2018-2029 in US$ Billion
Figure 329: By volume: Share of UAE market during 2018-2029 in %
Figure 330: By volume: UAE market during 2018-2029 in million tons
Figure 331: By value: Share of Saudi Arabia market during 2018-2029 in %
Figure 332: By value: Saudi Arabia market during 2018-2029 in US$ Billion
Figure 333: By volume: Share of Saudi Arabia market during 2018-2029 in %
Figure 334: By volume: Saudi Arabia market during 2018-2029 in million tons
Figure 335: BASF profile
Figure 336: Exxon Mobil Corporation profile
Figure 337: UPC Technology Corporation profile
Figure 338: Shandong Hongxin Chemicals profile
Figure 339: Aekyung Petrochemical profile
Figure 340: LG Chem profile
Figure 341: Evonik Industries profile
Figure 342: Eastman Chemical profile
Figure 343: Nan Ya Plastics Corporation profile
Figure 344: Shandong Qilo Plasticizers profile
Research Methodology
This report uses a comprehensive and iterative research methodology including bottom-up and top-down approaches, to minimize deviance and consequently provide accurate market estimates and forecasts. Additionally, we make use of market breakdown and data triangulation procedures to validate our findings.
Secondary Research
We strictly make use of authentic and credible secondary sources such as company filings, white papers published by reputable authorities and institutions, journals, articles published by industry experts and other gold and silver standard databases such as Bloomberg, Dunn & Bradstreet, Standard & Poor’s and Thomson Reuters, among others.
Primary Research
Our findings from secondary sources are then validated by exhaustive primary interviews either through online surveys or on the phone. Importantly, we conduct these interviews all across the world, either internally or through channel partners in various locations, to get critical local insights as well.
 |
| Report Parameters | Details |
|---|---|
| Time Period Considered | 2018-2029 |
| Historical Period | 2018-2021 |
| Forecast Period | 2022-2029 |
| Units considered | Volume in kilotons, revenue in US$ million/billion |
| Report Coverage | Value/Revenue forecast, competitive landscape, drivers, challenges, opportunities, and trends |
| COVID-19 | Impact of the COVID-19 pandemic has been factored in the revenue estimations, trends, and drivers |
| Segments | By End Use By Type By Region |
| Regions included in the study | Asia Pacific (APAC), North America, Europe, Middle East and Africa, South America |
| Companies Profiled | BASF, Exxon Mobil Corporation, UPC Technology Corporation, Shandong Hongxin Chemicals, Aekyung Petrochemical, LG Chem, Evonik Industries, Eastman Chemical Company, Nan Ya Plastics Corporation, and Sh |
The global Plasticizer market size was estimated at US$14.3 billion in 2021 and is expected to reach US$14.9 billion in 2022.
The global Plasticizer market is expected to grow at a compound annual growth rate of 4.0% from 2022 to 2029 to reach US$19.7 billion by 2029.
In 2021, the APAC region led the Plasticizer market in 2021 with a share of 58%.
Flooring and Wall Covering led the market with a market share of 20.1% in 2021.
Some key players operating in the Plasticizer market include BASF, Exxon Mobil Corporation, UPC Technology Corporation, Shandong Hongxin Chemicals, Aekyung Petrochemical, LG Chem, Evonik Industries, Eastman Chemical Company, Nan Ya Plastics Corporation, and Shandong Qilo Plasticizers.
Key factors that are driving the Plasticizer market growth include growing demand from sectors such as construction. In addition, growing use of flexible Polyvinyl Chloride in floors, pipes, synthetic leather coated textiles and wall coverings would support the growth of the market.