Market size and forecast of each product type and application is presented for the period 2015 to 2025 along with respective CAGR % for the forecast period 2017-2025. In 2016, the wires and cables segment has a substantial share in global plasticizers market and will continue to dominate the market in upcoming years. In 2016, phthalates are widely used plasticizer owing to its high usage in various end use applications such as flooring & wall, film & sheet coverings, wires & cables, coated fabrics, consumer goods and others (medical, sports, & adhesive & sealants applications). There are basically two types of plasticizers viz., phthalates and non- phthalates. In general, even small amount of plasticizer have noticeable effect on most plasticized materials. Plasticizer can decrease melt viscosity, glass transition temperature and elasticity without changing the basic properties of plasticized material.
Plasticizers is a versatile product providing unique contributions in widely varying applications. A plasticizer is a substance, which added to a material usually a plastic, resin or elastomer, to improve its processability, flexibility and stretchability.
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