Polymeric Plasticizer Market Research Report - Global Forecast till 2027

Global Polymeric Plasticizer Market: Information by Application (Adhesives & Sealants, Paints & Coating, Films & Sheets, Rubber, Wires & Cables, Furniture Upholstery, and Others), by End-Use Industry (Packaging, Building & Construction, Automotive, Electrical & Electronics, and Others) and Region (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa)—Forecast Till 2027

ID: MRFR/CnM/2420-HCR | February 2021 | Region: Global | 137 pages

Please note that the assessment period of report has been updated from 2017-2025 to 2020-2027. Cordially fill Sample form for the updated data.


Market Synopsis


According to MRFR Analysis, the global polymeric plasticizer market was valued at USD 1.93 million in 2018 and is expected to grow at a CAGR of 4.1% during the forecast period. Polymeric plasticizers are a class of plasticizers that offer excellent migration, volatility, fluid chemical extraction, and weathering resistance in high-performance applications as compared to monomeric plasticizers. They are polyesters of aliphatic dicarboxylic acids and have a molecular weight of more than 500. They are formed by the reaction between difunctional acids (usually adipic acid, sebacic acid, and others) and ethyl glycol or propylene glycol.


One of the factors that drive the global polymeric plasticizers market is, the growing use of these polymeric plasticizers in the wire and cables. The outer coverings of wires and cables are made of polymers such as polyvinyl chloride (PVC), nylon, polyethylene (PE), polypropylene (PP), thermoplastic polyurethane (TPU), and thermoplastic elastomers (TPE) for insulation and jacketing purposes. Polymeric plasticizers increase the flexibility of these polymers, which is essential for covering electrical wires and cables. Another factor that drives the global market is the increasing use of polymeric plasticizers in the adhesives and sealants. Adhesives and sealants are formulated by mixing the base material with fillers, pigments, stabilizers, plasticizers, and other additives. Plasticizers are an essential component of adhesives and sealants. They are used as a solvent to improve the performance of adhesives and sealants by creating the desired elasticity, optimizing viscosity, and offering low-temperature efficiency, impact-resistance, and set-time functionality. The widespread use of adhesives and sealants in end-use industries such as packaging, building and construction, automotive, laminates, footwear, and healthcare is expected to boost the growth of the global polymeric plasticizers market during the forecast period.


However, the stringent regulations on the use of polymeric plasticizers in packaging, toys, and consumer goods are likely to limit the global market growth during the assessment period. 


Global Polymeric Plasticizer Market Share, by Application (2018)


Polymeric Plasticizer


Source: MRFR Analysis


Market Segmentation


The global polymeric plasticizer market has been segmented based on applications, end use, and region.


Based on application, the market has been classified as adhesives & sealants, paints & coating, films & sheets, rubber, wires & cables, furniture upholstery, and others.


On the basis of end-use industry, the market has been divided into packaging, building & construction, automotive, electrical & electronics, and others.


Regional Analysis


The global polymeric plasticizer market has been analyzed with respect to five regions, namely, Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa. 


Asia-Pacific dominated the global polymeric plasticizer market with a share of over 40% in 2018 and is expected to follow a similar trend during the forecast period. The building and construction industry was the largest consumer of polymeric adipate plasticizers in Europe in 2018 due to the widespread use of products such as adhesives and sealants, paints and coatings, films and sheets, rubber, wires and cables, and furniture upholstery wherein polymeric plasticizers are used. Thus, increasing building & construction activities (residential and non-residential) in the region is the primary factor that drives the polymeric plasticizers market in the region. Among Asia-Pacific countries, China, and India together accounted for over 60% share for the polymeric plasticizers.


North America was the second largest market for polymeric plasticizer in 2018. The US has substantial automotive production wherein adhesives and sealants, paints and coatings, wires and cables and rubbers are used, which is fueling the growth of the polymeric plasticizer market in the region. Additionally, growing electrical & electronics industry in the US is expected to boost the demand for polymeric plasticizers in the region further.


Europe accounted for the third most significant market share in 2018. The packaging is the primary end-use industry in the European polymeric plasticizers market due to the increasing demand for packaging materials for wrapping applications in the consumer and other industries. Furthermore, the growing E-commerce industry is also contributing to the growth of the packaging industry in the region. Polymeric plasticizers are used in packaging to make it flexible.


The markets in Latin America and the Middle East & Africa is also likely to witness positive growth during the forecast period.


Key Players


Some of the prominent players in the global polymeric plasticizer market are BASF SE (Germany), DowDuPont, Inc. (US), Eastman Chemical Company (US), LANXESS (Germany), and Resymat Mexico (Mexico).


Intended Audience



  • Polymeric plasticizer manufacturers

  • Traders and distributors of polymeric plasticizer

  • Research and development institutes

  • Potential investors

  • Raw material suppliers

  • Nationalized laboratories



Frequently Asked Questions (FAQ) :


The polymer plasticizer market is projected to grow at a 4.1% CAGR between 2017-2025.

The APAC region is expected to command the largest share in the polymer plasticizer market.

It finds wide applications in automotive, packaging, electrical and electronics, and building and construction.

Increasing use in adhesives & sealants and wires & cables is boosting market growth.

Strict regulations may limit market growth.

TABLE OF CONTENTS

1 Executive Summary

2 Market Introduction

2.1 Market Definition

2.2 Scope of the Study

2.3 List of Assumptions

2.4 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

3.5 Forecast Model

4 Market Dynamics of the Global Polymeric Plasticizer Market

4.1 Introduction

4.2 Drivers

4.3 Restraints

4.4 Opportunities

4.5 Challenges

4.6 Trends/Technology

5 Market Factor Analysis of the Global Polymeric Plasticizer Market

5.1 Supply Chain Analysis

5.1.1 Raw Material Suppliers

5.1.2 Manufacturers/Producers

5.1.3 Distributors/Retailers/Wholesalers/E-Commerce

5.1.4 End User

5.2 Porter’s Five Forces Analysis

5.2.1 Threat of New Entrants

5.2.2 Bargaining Power of Buyers

5.2.3 Bargaining Power of Suppliers

5.2.4 Threat of Substitutes

5.2.5 Intensity of Competitive Rivalry


Global Polymeric Plasticizer Market, by Application


6.1 Introduction

6.2 Adhesives & Sealants

6.2.1 Market Estimates & Forecast, 2020-2027

6.2.2 Market Estimates & Forecast, by Region, 2020-2027

6.3 Paints & Coating

6.3.1 Market Estimates & Forecast, 2020-2027

6.3.2 Market Estimates & Forecast, by Region, 2020-2027

6.4 Films & Sheets

6.4.1 Market Estimates & Forecast, 2020-2027

6.4.2 Market Estimates & Forecast, by Region, 2020-2027

6.5 Rubber

6.5.1 Market Estimates & Forecast, 2020-2027

6.5.2 Market Estimates & Forecast, by Region, 2020-2027

6.5 Wires & Cables

6.5.1 Market Estimates & Forecast, 2020-2027

6.5.2 Market Estimates & Forecast, by Region, 2020-2027

6.6 Furniture Upholstery

6.6.1 Market Estimates & Forecast, 2020-2027

6.6.2 Market Estimates & Forecast, by Region, 2020-2027

6.7 Others

6.7.1 Market Estimates & Forecast, 2020-2027

6.7.2 Market Estimates & Forecast, by Region, 2020-2027


Global Polymeric Plasticizer Market, by End Use Industry


7.1 Introduction

7.2 Packaging

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast, by Region, 2020-2027

7.3 Building & Construction

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast, by Region, 2020-2027

7.4 Automotive

7.4.1 Market Estimates & Forecast, 2020-2027

7.4.2 Market Estimates & Forecast, by Region, 2020-2027

7.5 Electrical & Electronics

7.5.1 Market Estimates & Forecast, 2020-2027

7.5.2 Market Estimates & Forecast, by Region, 2020-2027

7.5 Others

7.5.1 Market Estimates & Forecast, 2020-2027

7.5.2 Market Estimates & Forecast, by Region, 2020-2027


Global Polymeric Plasticizer Market, by Region


8.1 Introduction

8.2 North America

8.2.1 Market Estimates & Forecast, 2020-2027

8.2.2 Market Estimates & Forecast, by Application, 2020-2027

8.2.3 US

8.2.3.1 Market Estimates & Forecast, 2020-2027

8.2.3.2 Market Estimates & Forecast, by Application, 2020-2027

8.2.4 Canada

8.2.4.1 Market Estimates & Forecast, 2020-2027

8.2.4.2 Market Estimates & Forecast, by Application, 2020-2027

8.3 Europe

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast, by Application, 2020-2027

8.3.3 Germany

8.3.3.1 Market Estimates & Forecast, 2020-2027

8.3.3.2 Market Estimates & Forecast, by Application, 2020-2027

8.3.4 France

8.3.4.1 Market Estimates & Forecast, 2020-2027

8.3.4.2 Market Estimates & Forecast, by Application, 2020-2027

8.3.5 Italy

8.3.5.1 Market Estimates & Forecast, 2020-2027

8.3.5.2 Market Estimates & Forecast, by Application, 2020-2027

8.3.6 Spain

8.3.6.1 Market Estimates & Forecast, 2020-2027

8.3.6.2 Market Estimates & Forecast, by Application,2020-2027

8.3.7 UK

8.3.7.1 Market Estimates & Forecast, 2020-2027

8.3.7.2 Market Estimates & Forecast, by Application,2020-2027

8.3.8 Russia

8.3.8.1 Market Estimates & Forecast, 2020-2027

8.3.8.2 Market Estimates & Forecast, by Application,2020-2027

8.3.9 Poland

8.3.9.1 Market Estimates & Forecast, 2020-2027

8.3.9.2 Market Estimates & Forecast, by Application, 2020-2027

8.3.10 Rest of Europe

8.3.10.1 Market Estimates & Forecast, 2020-2027

8.3.10.2 Market Estimates & Forecast, by Application, 2020-2027

8.4 Asia-Pacific

8.4.1 Market Estimates & Forecast, 2020-2027

8.4.2 Market Estimates & Forecast, by Application, 2020-2027

8.4.3 China

8.4.3.1 Market Estimates & Forecast, 2020-2027

8.4.3.2 Market Estimates & Forecast, by Application, 2020-2027

8.4.4 India

8.4.4.1 Market Estimates & Forecast, 2020-2027

8.4.4.2 Market Estimates & Forecast, by Application, 2020-2027

8.4.5 Japan

8.4.5.1 Market Estimates & Forecast, 2020-2027

8.4.5.2 Market Estimates & Forecast, by Application, 2020-2027

8.4.6 Australia & New Zealand

8.4.6.1 Market Estimates & Forecast, 2020-2027

8.4.6.2 Market Estimates & Forecast, by Application, 2020-2027

8.4.7 Rest of Asia-Pacific

8.4.7.1 Market Estimates & Forecast, 2020-2027

8.4.7.2 Market Estimates & Forecast, by Application, 2020-2027

8.5 Middle East & Africa

8.5.1 Market Estimates & Forecast, 2020-2027

8.5.2 Market Estimates & Forecast, by Application, 2020-2027

8.5.3 GCC

8.5.3.1 Market Estimates & Forecast, 2020-2027

8.5.3.2 Market Estimates & Forecast, by Application, 2020-2027

8.5.4 Israel

8.5.4.1 Market Estimates & Forecast, 2020-2027

8.5.4.2 Market Estimates & Forecast, by Application, 2020-2027

8.5.5 North Africa

8.5.5.1 Market Estimates & Forecast, 2020-2027

8.5.5.2 Market Estimates & Forecast, by Application, 2020-2027

8.5.6 Turkey

8.5.6.1 Market Estimates & Forecast, 2020-2027

8.5.6.2 Market Estimates & Forecast, by Application, 2020-2027

8.5.7 Rest of Middle East & Africa

8.5.7.1 Market Estimates & Forecast, 2020-2027

8.5.7.2 Market Estimates & Forecast, by Application, 2020-2027

8.6 Latin America

8.6.1 Market Estimates & Forecast, 2020-2027

8.6.2 Market Estimates & Forecast, by Application, 2020-2027

8.6.3 Brazil

8.6.3.1 Market Estimates & Forecast, 2020-2027

8.6.3.2 Market Estimates & Forecast, by Application, 2020-2027

8.6.4 Argentina

8.6.4.1 Market Estimates & Forecast, 2020-2027

8.6.4.2 Market Estimates & Forecast, by Application, 2020-2027

8.6.5 Mexico

8.6.5.1 Market Estimates & Forecast, 2020-2027

8.6.5.2 Market Estimates & Forecast, by Application, 2020-2027

8.6.6 Rest of Latin America

8.6.6.1 Market Estimates & Forecast, 2020-2027

8.6.6.2 Market Estimates & Forecast, by Application, 2020-2027


Company Landscape


9.1 Introduction

9.2 Market Strategy

9.3 Key Development Analysis (Expansion/Merger & Acquisitions/Joint Venture/New Product Development/Agreement/Investment)


Company Profiles


10.1 BASF SE (Germany)

10.1.1 Company Overview

10.1.2 Financial Updates

10.1.3 Product/Business Segment Overview

10.1.4 Strategy

10.1.5 Key Developments

10.1.6 SWOT Analysis

10.2 DowDuPont, Inc. (US)

10.2.1 Company Overview

10.2.2 Financial Updates

10.2.3 Product/Business Segment Overview

10.2.4 Strategy

10.2.5 Key Developments

10.2.6 SWOT Analysis

10.3 Eastman Chemical Company (US)

10.3.1 Company Overview

10.3.2 Financial Updates

10.3.3 Product/Business Segment Overview

10.3.4 Strategy

10.3.5 Key Developments

10.3.6 SWOT Analysis

10.4 LANXESS (Germany)

10.4.1 Company Overview

10.4.2 Financial Updates

10.4.3 Product/Business Segment Overview

10.4.4 Strategy

10.4.5 Key Developments

10.4.6 SWOT Analysis

10.5 Resymat Mexico (Mexico)

10.5.1 Company Overview

10.5.2 Financial Updates

10.5.3 Product/Business Segment Overview

10.5.4 Strategy

10.5.5 Key Developments

10.5.6 SWOT Analysis

10.6 Hallstar (US)

10.6.1 Company Overview

10.6.2 Financial Updates

10.6.3 Product/Business Segment Overview

10.6.4 Strategy

10.6.5 Key Developments

10.6.6 SWOT Analysis

10.7 Evonik Industries AG (Germany)

10.7.1 Company Overview

10.7.2 Financial Updates

10.7.3 Product/Business Segment Overview

10.7.4 Strategy

10.7.5 Key Developments

10.7.6 SWOT Analysis

10.8 Teknor (US)

10.8.1 Company Overview

10.8.2 Financial Updates

10.8.3 Product/Business Segment Overview

10.8.4 Strategy

10.8.5 Key Developments

10.8.6 SWOT Analysis


Conclusion


LIST OF TABLES


Table 1 Global Polymeric Plasticizer Market: by Region, 2020-2027

Table 2 North America: Polymeric Plasticizer Market, by Country, 2020-2027

Table 3 Europe: Polymeric Plasticizer Market, by Country, 2020-2027

Table 4 Asia-Pacific: Polymeric Plasticizer Market. by Country, 2020-2027

Table 5 Middle East & Africa: Polymeric Plasticizer Market, by Country, 2020-2027

Table 6 Latin America: Polymeric Plasticizer Market, by Country, 2020-2027

Table 7 Global Polymeric Plasticizer Application Market, by Regions, 2020-2027

Table 8 North America: Polymeric Plasticizer Application Market, by Country, 2020-2027

Table 9 Europe: Polymeric Plasticizer Application Market, by Country, 2020-2027

Table10 Asia-Pacific: Polymeric Plasticizer Application Market, by Country, 2020-2027

Table11 Middle East & Africa: Polymeric Plasticizer Application Market, by Country, 2020-2027

Table12 Latin America: Polymeric Plasticizer Application Market, by Country, 2020-2027

Table13 Global Application Market, by Region, 2020-2027

Table14 North America: Polymeric Plasticizer Market, by Country, 2020-2027

Table15 North America: Polymeric Plasticizer Market, by Application, 2020-2027

Table16 Europe: Polymeric Plasticizer Market, by Country, 2020-2027

Table17 Europe: Polymeric Plasticizer Market, by Application, 2020-2027

Table18 Asia-Pacific: Polymeric Plasticizer Market, by Country, 2020-2027

Table19 Asia-Pacific: Polymeric Plasticizer Market, by Application, 2020-2027

Table20 Middle East & Africa: Polymeric Plasticizer Market, by Country, 2020-2027

Table21 Middle East & Africa: Polymeric Plasticizer Market, by Application, 2020-2027

Table22 Latin America: Polymeric Plasticizer Market, by Country, 2020-2027

Table23 Latin America: Polymeric Plasticizer Market, by Application, 2020-2027

LIST O FIGURES


FIGURE 1 Global Polymeric Plasticizer Market Segmentation

FIGURE 2 Forecast Research Methodology

FIGURE 3 Five Forces Analysis of Global Polymeric Plasticizer Market

FIGURE 4 Value Chain of Global Polymeric Plasticizer Market

FIGURE 5 Share of Global Polymeric Plasticizer Market in 2020, by Country

FIGURE 6 Global Polymeric Plasticizer Market, 2020-2027,

FIGURE 7 Global Polymeric Plasticizer Market Size, by Application, 2020

FIGURE 8 Share of Global Polymeric Plasticizer Market, by Application, 2020-2027