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    US Plasticizers Market

    ID: MRFR/CnM/11504-CR
    100 Pages
    Garvit Vyas
    December 2023

    US Plasticizer Market Research Report Information by Type (Phthalate Plasticizer and Non-Phthalate Plasticizer), Application (Flooring & Wall Covering, Wire & Cable, Packaging, Consumer Goods, Medical & Healthcare, Toys and Others) and Region Forecast till 2035

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    US Plasticizers Market Infographic

    US Plasticizers Market Summary

    The US Plasticizers market is projected to grow from 10.5 USD Billion in 2024 to 15.2 USD Billion by 2035.

    Key Market Trends & Highlights

    US Plasticizers Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate of 3.42 percent from 2025 to 2035.
    • By 2035, the US Plasticizers market is anticipated to reach a valuation of 15.2 USD Billion.
    • In 2024, the market valuation stands at 10.5 USD Billion, indicating a robust growth trajectory.
    • Growing adoption of eco-friendly plasticizers due to increasing environmental regulations is a major market driver.

    Market Size & Forecast

    2024 Market Size 10.5 (USD Billion)
    2035 Market Size 15.2 (USD Billion)
    CAGR (2025 - 2035) 3.42%

    Major Players

    Apple Inc (US), Microsoft Corp (US), Amazon.com Inc (US), Alphabet Inc (US), Berkshire Hathaway Inc (US), Meta Platforms Inc (US), Tesla Inc (US), Johnson & Johnson (US), Visa Inc (US), Procter & Gamble Co (US)

    Key Companies in the US Plasticizers Market market include

    Report Scope

    Report Attribute/Metric Details
    Market Size 2022 USD 2.5 Billion
    Market Size 2023 USD 2.6 Billion
    Market Size 2032 USD 3.7 Billion
    Compound Annual Growth Rate (CAGR) 4.60% (2023-2032)
    Base Year 2022
    Market Forecast Period 2023-2032
    Historical Data 2018- 2022
    Market Forecast Units Value (USD Billion)
    Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
    Segments Covered Type, Application, and Region
    Geographies Covered North America, Europe, AsiaPacific, and the Rest of the World
    Countries Covered The US, Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
    Key Companies Profiled LG Chem LtdBASF SE, Valtris Specialty Chemicals, Velsicol Chemical LLC, Eastman Chemical Company, Evonik Industries AG, Evonik Industries AG, DIC CORPORATION, NAN YA PLASTICS CORPORATION, and Grupa Azoty
    Key Market Opportunities The industry is predicted to thrive and grow significantly with the help of regulatory agencies and governments around the world.
    Key Market Dynamics The growing awareness among the people of various regions around the world about the importance of restoring ecological balance to the environment.

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    FAQs

    What is the projected market size of the US Plasticizers Market in 2024?

    The US Plasticizers Market is projected to be valued at 3.7 billion USD in 2024.

    What will be the market size of the US Plasticizers Market by 2035?

    By 2035, the US Plasticizers Market is expected to reach a value of 6.5 billion USD.

    What is the expected compound annual growth rate (CAGR) for the US Plasticizers Market from 2025 to 2035?

    The expected CAGR for the US Plasticizers Market during 2025 to 2035 is 5.256%.

    Which segment will dominate the US Plasticizers Market by 2035?

    The Phthalate Plasticizer segment is expected to dominate with a projected value of 3.8 billion USD by 2035.

    How much is the Non-Phthalate Plasticizer segment expected to be worth in 2035?

    The Non-Phthalate Plasticizer segment is projected to reach 2.7 billion USD by 2035.

    What is the market size of the Phthalate Plasticizer segment in 2024?

    In 2024, the Phthalate Plasticizer segment is valued at 2.2 billion USD.

    Who are the key players in the US Plasticizers Market?

    Major players in the US Plasticizers Market include OQ Chemicals, ExxonMobil, BASF, and DOW among others.

    What are some key applications driving the growth in the US Plasticizers Market?

    Key applications include manufacturing of flexible PVC products, automotive, and construction materials.

    What challenges may impact the growth of the US Plasticizers Market?

    Challenges may include regulatory changes and the shift towards more sustainable, non-phthalate options.

    What trends are emerging in the US Plasticizers Market?

    Emerging trends include an increasing demand for environmentally friendly plasticizers and biodegradable materials.

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    Case Study
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