Plasticizers Market To Reach USD 20.96 Billion By 2027
According to a recent study by Reports and Data, the global demand for Plasticizers Market is projected to amount to USD 20.96 billion by 2027. Plasticizers are widely used in flexible and foldable vinyl or polyvinyl chloride manufacturing (PVC). It finds large applications in various products in hospitals, homes, companies, and automobiles. It is commonly used for softening vinyl because of its stability, durability, and robust performance. Because of its strength, toughness, and ability to withstand high temperatures, it is used in durable flooring, PVC coatings, and wall coverings, among others. The growth of the sector is supported by factors such as the expansion of the construction and automotive industries and the rising need for versatile PVC. Factors such as the expansion of the construction industry and the increasing need for flexible PVC are helping the growth of the sector. Due to the continuous growth of the construction sector and the varied applicability of this plas