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Global DEHP Plasticizer Market is Projected to Reach 2,718 Million USD by 2024

Author: QYResearch | Publish date: 2018-08-18 | Views: 52
New report published by QY Research which offers insights on the global DEHP Plasticizer market. The global DEHP Plasticizer market is valued at USD 2,718 million in 2017 and is expected to reach USD 3,268 million by the end of 2024, growing at a Growth Rate of 2.67% between 2017 and 2024.

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Global DEHP Plasticizer Market: Market Driver and Restraint

PVC resin can be used in flexible applications by the addition of plasticizers. In this form, it is also used in wire and cable insulation, imitation leather, signage, inflatable products, roofing membranes, and many applications where it replaces rubber. Demand for most downstream plasticizers is greatly influenced by general economic conditions. As a result, demand for plasticizers largely follows the patterns of the leading world economies. It is clear that the Chinese market will remain stable and it is difficult for us to see a substantial increase in the Chinese market.


Global DEHP Plasticizer Market: Key Takeaways

In developed countries, the industry will slowly die out. and the market in developing countries will have a faster growth rate.


 Global DEHP Plasticizer Market: Forecast by Application

PVC resin can be used in flexible applications by the addition of plasticizers. In this form, it is also used in wire and cable insulation, imitation leather, signage, inflatable products, roofing membranes, and many applications where it replaces rubber.


Global DEHP Plasticizer Market: Forecast by Form

(Ortho-) phthalates are those esters produced from phthalic anhydride. Non-phthalate is those esters based on other acids which do not contain significant impurities of phthalic anhydride. Non-phthalates include adipates, terephthalates, benzoates, and bio-based plasticizers. In the past few years, the development of DEHP plasticizer has been slow due to EU and USA policies. DEHP plasticizer is gradually being replaced by more environmentally friendly non-phthalates plasticizers.

During 2017-2024, decreased production and consumption of lower-molecular-weight phthalates and some other phthalates will largely be negated by increased consumption of DPHP and DINP, and to a lesser degree, DEHP. At highest risk for substitution are the lower-molecular-weight phthalates. In some markets, such as the United States and Western Europe, consumption of DEHP will shift to specialized applications, such as medical markets, and consumption as a general-purpose phthalate will largely cease.


Global DEHP Plasticizer Market: Forecast by Region

In the past few years, the capacity of Chinese DEHP plasticizer fluctuates greatly. QYR interviewed the chairman and manager of the major manufacturers. Several new manufacturers have entered the industry, but China's capacity is still falling due to overcapacity. QYR believes that the industry is not an exciting industry. This product is essential for many downstream products. However, for manufacturers, the profit of DEHP plasticizer is indeed very meager. Similarly, many new projects have been shelved due to overcapacity and poor industry conditions.  In the past few years, the development of DEHP plasticizer has been slow due to EU and USA policies. DEHP plasticizer is gradually being replaced by more environmentally friendly non-phthalates plasticizers. In the next few years, the DEHP plasticizer industry in Europe and the United States may die.


Global DEHP Plasticizer Market: Key Players

UPC Group, Nan Ya Plastics, Bluesail, Aekyung Petrochemical, Henan Qing'an Chemical Hi-Tech, Hongxin Chemical, Kunshan Weifeng Chemical,Sinopec Jinling, Eastman and LG Chem, are the key vendors included in this report.


Click to view the full report TOC, figure and tables

https://www.qyresearch.com/index/detail/108046/global-dehp-plasticizer-sales-market




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