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Report Overview
2024
Base Year
2018-2024
Historical Year
2025-2034
Forecast Year
Global Plasticisers Coating Additives Market Outlook
The global plasticisers coating additives market reached a value of about USD 2.56 billion in 2024. The market is further expected to grow at a CAGR of 5.8% in the forecast period of 2025-2034 to reach a value of approximately USD 4.26 billion by 2034.
Increasing Demand for Construction and Remodelling to Augment the Plasticisers Coating Additives Industry Growth
Based on end use, the construction and remodelling segment accounts for a significant share in the plasticisers coating additives industry. In the construction industry, plastics play an important role. The increasing use of plastics in a variety of applications, such as pipes, wires, flooring, domes, roofing, windows and doors, storage tanks, hardware containers, and insulation materials, among others, is expected to drive up demand for plasticisers coating additives.
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Moreover, plastics are used in the construction industry for a variety of factors, including toughness, cost-effectiveness, recyclability, safety, lightweight, ease of installation, and corrosion resistance. Acrylic (PMMA), polystyrene (PS), polycarbonate (PC), polyethylene (PE), polypropylene (PP), and polyvinylchloride (PVC) are some of the plastics used throughout the construction industry.
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USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Purchase the Regional Overview for
USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Purchase the Regional Overview for
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If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
The Asia Pacific to Provide Enhanced Growth Opportunities to the Plasticisers Coating Additives Industry
The Asia Pacific region has a significant demand for plasticisers coating additives. The market for plasticisers coating additives in the region is driven by the packaging industry and increased demand from the retail industry. Moreover, polymer industries are booming in developing countries like India, due to their expanding economies. Furthermore, the market expansion can be attributed to the region's growing packaging and automotive industries.
Plasticisers Coating Additives: Market Segmentation
Plasticisers are additives that improve the elasticity of coatings based on film-forming materials. Proper film formation is needed to meet unique application requirements.
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By type, the market is divided into:
- Phthalate Plasticisers
- Non-Phthalate Plasticisers
- Bio-Based Plasticisers
Based on type, the phthalate plasticisers segment can further be divided into di-octyl phthalate (DOP), and dibutyl phthalate (DBP), among others, whereas the non-phthalate plasticisers segment is further segmented by type into acetyl tri-butyl citrate (ATBC), and dioctyl adipate (DOA), among others. Furthermore, on the basis of type, the bio-based plasticisers segment can be further classified into epoxidized vegetable oils, castor oil, and succinic acid, among others.
Based on end use, the industry can be segmented into:
- Pharmaceuticals
- Construction and Remodelling
- Electronics and Communication
- Automotive
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Replacement of Conventional Materials by Plastics in Several Applications to Bolster the Market Growth
The replacement of conventional materials by plastics in various applications is a major factor that is driving the growth of the market. Moreover, increasing disposable income and rapid urbanisation are propelling the industry progress. Furthermore, the rising demand from the Asia Pacific region is favouring the market’s rapid growth. Also, the untapped opportunities in emerging markets for packaging are acting as catalysts for the progress of the industry. Over the forecast period, the increasing demand from agricultural and pharmaceutical applications is expected to play a major role in augmenting the market growth.
Key Industry Players in the Global Plasticisers Coating Additives Market
The report gives a detailed analysis of the following key players in the global plasticisers coating additives market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- BASF SE
- Arkema Group
- Evonik Industries AG
- Exxon Mobil Corporation
- Eastman Chemical Company
- LG Chem
- INEOS Group
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by End Use |
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| Breakup by Region |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2024, the global plasticisers coating additives market attained a value of nearly USD 2.56 billion.
The market is projected to grow at a CAGR of 5.8% between 2025 and 2034.
The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach about USD 4.26 billion by 2034.
The major drivers of the market include the replacement of conventional materials by plastics in several applications, rising disposable incomes, and rapid urbanisation.
The market is expected to be driven by the ongoing technological advancements in the industry.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major types of plasticisers coating additives in the industry are phthalate plasticisers, non-phthalate plasticisers, and bio-based plasticisers.
The major end uses of plasticisers coating additives in the industry are pharmaceuticals, construction and remodelling, electronics and communication, and automotive, among others.
The major players in the industry are BASF SE, Arkema Group, Evonik Industries AG, Exxon Mobil Corporation, Eastman Chemical Company, LG Chem, and INEOS Group, among others.
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