The global polymeric plasticizer market is expected to display even growth
in forthcoming period. The polymeric plasticizers or polyadipates draws its
strength from aliphatic dicarbolyxic acids of which polymeric plasticizers are
polyesters and the high molecular weight gives the plastics high tensile
strength and prevents it from tearing.
Plasticizers are additives that increase the plasticity or
viscosity of a material. The plasticizers could be liquid in state or even
solids and their role in chemical synthesis is to decrease affinity between
polymer chains that add flexibility to plastics. Polymeric plasticizer finds
application in many industries such as paints, pigments, packaging, automotive,
construction and electronics. However, the polymeric plasticizer industry
depends upon packaging industry as a mainstay to growth. The construction
industry in addition to plasticizer market is also instrumental in growth of
polymeric plasticizer market.
The polymer plasticizer market is not limited to packaging
and construction, but the various uses also encompass traditional applications
such as adhesives, pigments, films, membranes and cables. Films are the
applications making erstwhile contributions to plasticizers industry triggering
the market growth in this sector. This growth in films is also due to a
widening consumer base and purchasing power parity among consumers.
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Consumption of polymer plastics is largest in India and China
among Asia-Pacific countries because of a growing demand from construction, packaging
and paint industry majorly. Latin America and Middle East nations are observing
maximum growth because of applications in adhesives, films, membranes, cables
and pigment.
High levels of industrialization in countries such as India,
Japan, South Korea and China has attributed a large growth in polymeric
plasticizer market with China being the major consumer of polymeric
plasticizers adding to growth of polymeric plasticizer market. Restraints to
the growth of polymeric plasticizer market include various government
strictures regarding use of plastics that could end up in limiting growth of
polymeric plasticizers market.
A growth in demand for polymeric plastics in automotives
industry is seen as an increasingly attractive market for polymeric plasticizers.
Segmentation of polymer plasticizer market by application includes adhesives,
pigment, films, cables, membranes and others. Segmentation of polymer
plasticizer market by end-use includes paints, packaging, automotive,
construction, electronics and others. By region, segmentation includes North
America, Europe Asia Pacific, MEA and Latin America.
The key players in polymeric plasticizers market include
Eastman Chemical Company, BASF SE, E.I. DuPont de Neymours and Company,
LANXESS, HALLSTAR, EXXON MOBIL CORPORATION, Evonik Industries, Teknor, UPC
Technology Corp and Aekyung Petrochemical Co, Ltd.
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