Plasticizers Market is Projected to Reach USD 16.15 Billion by 2022, Growing at a CAGR of 5.7%
The plasticizers market is estimated at USD 12.23 billion in 2017 and is projected to reach USD 16.15 billion by 2022, at a CAGR of 5.7% from 2017 to 2022. Rising demand for plasticizers is majorly due to the increasing production of flexible PVC for various applications. Moreover, the growing construction activities are also driving the market. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownload.asp?id=688 Non-phthalates - fastest-growing type Non-phthalates is projected to be the fastest-growing type segment of the plasticizers market between 2017 and 2022 due to its environment-friendly nature. Non-phthalate plasticizers have gained prominence over the last decade as traditional phthalate plasticizers have come under increased scrutiny for their potential adverse health effects. In addition, the REACH regulations have placed restrictions on the use of phthalates plasticizers, majorly in regions, such as North America and Europe. Dioctyl Terephthalate (DO