Title: Plasticizers and Tackifiers Market - Forecast(2022 - 2027)
1Plasticizers and Tackifiers MarketMarket size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
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- Plasticizers and Tackifiers Market size is
forecasted to grow at a CAGR of 5.5 during the
forecast period 2021-2026. Globally, the
increasing use of additives such as plasticizers
and tackifiers in numerous applications has
driven the growth of the market. Owing to the low
molecular weight property of the compounds, the
demand for plasticizers and tackifiers in the
building and construction, and automotive has
raised the market growth. Increasing usage of
plasticizers in the production of durable and
flexible plastic polymers such as polyvinyl
chloride (PVC) is also estimated to drive the
growth of the market.
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- Key Takeaways
- Asia-Pacific region dominates the plasticizers
and tackifiers market owing to the rising usage
of plasticizers and tackifiers in the building
and construction as well as in the automotive
sector in emerging economies such as China,
India, Japan, and South Korea. - Growing popularity of tackifiers and plasticizers
in rubber products either to facilitate the
handling of the raw material during fabrication
or to meet the demands of the end
product's application is driving the market
growth. - The increasing adoption of bio-based plasticizers
and tackifiers from agricultural by-products and
wastes, owing to its low cost is further
accelerating the growth of the market. -
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By Distribution Channel- Segment
Analysis Plasticizers held the largest share in
the plasticizers and tackifiers market in 2020.
Plasticizers are nonvolatile, high-boiling,
low-molecular-weight compounds that are applied
to a polymer to enhance processability,
stability, and stretchability. Primary
plasticizers offer low volatility, good
permanence, and high performance owing to which
it is increasingly used in various floor and wall
coverings, and film and sheets. Moreover, the
rising usage of phthalates and non-phthalates as
plasticizers to make the polymers more durable is
estimated to drive the demand of the market.
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- Plasticizers and Tackifiers Market
Outlook - Arkema
- Arakawa Chemical
- Yasuhara Chemical Co., Ltd
- Eastman Chemical Company
- Evonik Industries
- BASF SE
- Aekyung Petrochemical Co., Ltd
- LG Chem
- Shandong Hongxin Chemicals Co. Ltd
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Plasticizers and Tackifiers Market -
Forecast(2022 - 2027) Learn More About the
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