PVC Plasticizers and Stabilizers Market Share & Trends Analysis, By Product Type (PVC plasticizers, PVC stabilizers), By Method (Internal, External), By Application (Flooring, Film and Sheeting, Building and Construction, Automotive) & By Region Forecast - Global Review 2021 to 2031

PVC Plasticizers and Stabilizers Market: Overview and Dynamics

PVC plasticizers and stabilizers are types of additives that are widely used in the plastics industry. The PVC plasticizers are infused into plastics to deliver flexibility and elasticity owing to the utilization in the wiring and cable industry. Whereas, PVC stabilizers are those additives which are permeated into plastics to enhance their thermal resistance. These additions increase flexibility, extensibility and processability of PVC by decreasing viscosity of the polymer melt.

Plasticized PVC is often synthetically created by the internal or external plasticization methods. Whereas, the internal plasticization method is complex and can lead to longer reaction times and increased costs. However, external plasticization is the most commonly used method because low-cost PVC plasticizers and stabilizers contribute to the formulation of wide-range of products. Chemical processing includes various components like functional groups of ester, phthalate, terephthalate, citrate, benzoate and many others giving them characteristics of outdoor weather ability, solvency, resistance to hydrolysis and flame retardancy.

PVC plasticizers and stabilizers go hand-in-hand because their complementing features of providing flexibility and thermostability respectively are incorporated together in manufacturing of wires, cables, sheets and films. Since PVC is the third most used plastic after PE and PP, it is originally available in two forms: rigid and flexible. Rigid PVC is widely required in manufacturing pipes, doors, windows as well as in automotive, household and furniture. For as much as, flexible PVC is replacing rubber in plumbing, cable insulation, imitation leather and inflatable products.

PVC is heated to soften it for molding further or using it into flexible products, they need to be stabilized to prevent decomposition resulting from hydrogen chloride elimination. PVC stabilizers help in improving productivity and enhance PVC’s resistance to light, weathering and heat. Calcium and Tin-based stabilizers provide rigidity to films and sheets and have replaced the Liquid Mixed Metals (LMM) for flexible applications, especially in the areas where stringent air quality requirements are in place.

PVC plasticizers and stabilizers minister to solutions contributing to the elasticity and heat resistance in PVC components. However, based on their limited uses a vast range of alternatives have entered the market that overcomes the worries associated with PVC plasticizers and stabilizers. These substitutes deliver similar results at low cost, maximum compatibility, outdoor weather ability, and low-temperature flexibility. For instance, a certain vegetable oil derivatives, alkyl sulfonic acid esters, adipates, and trimelliates are used commonly over phthalate plasticizers.

Albeit the infusion of PVC plasticizers and stabilizers enhance the durability and utility of PVC products, howbeit their leaching into the substances is a huge concern. ECHA, MHRA, USPCSC and most healthcare and consumer care protection agencies in different regions have enforced bans and regulatory actions. The PVC blood bags, IV tubes, catheters etc. infused with specific PVC plasticizers and stabilizers such as Di (2-ethylhexyl) phthalate plasticizer and lead-based stabilizer are shown to be carcinogenic on humans.

Furthermore, the extravagant applications of PVC plasticizers and stabilizers in automobiles, flooring, wallpapers, wires and cables insulation, footwear and many more are expected to sustain their affirmative demand. Also, companies have initiated investing in green technology for manufacturing bio-plasticizers analyzing the forthcoming wave of environment-friendly products. All in all, the PVC plasticizers and stabilizers market is anticipated to witness a sloping increase on the back of concrete applications in the automotive, building and construction, packaging and explicit end-use industries.

PVC Plasticizers and Stabilizers Market: COVID-19 Impact Insights

COVID-19 pandemic has forced countries to impose lockdowns and strict social distancing measures across the globe, flattening the global economic curve. The PVC plasticizers and stabilizers industry felt the impact of COVID-19 from all the directions. COVID-19 has presented massive disruptions in the demand-supply equilibrium across multiple industries, leading to economic losses at a global level. Supply chain disruption, decreased demand, risk of workforce getting infected and travel restriction resulted in the steep fall in production.

COVID-19 has caused economic hardship for consumers, businesses and governments across the world. Labour-intensive industries are still at risk as they won’t be able to meet their demand due to risk of workforce getting infected. The global PVC plasticizers and stabilizers market also witnessed a small yet significant slump during Q1 of FY2020. However, the situation soon started recovering as the PVC plasticizers and stabilizers started being used for the production of healthcare tools and products like IV tubes, blood bags, catheters, CPB tubules and many others.

Segmentation Analysis of PVC Plasticizers and Stabilizers Market

The global PVC plasticizers and stabilizers market is bifurcated into four major segments: product type, method, end-use, and region.

Based on product type, PVC Plasticizers and Stabilizers market has been segmented as follows:

• PVC plasticizers
  • Phthalate
  • Polyester
  • Terephthalate
  • Trimelliate
  • Benzoate
  • Others
• PVC stabilizers
  • Calcium based
  • Lead based
  • Tin based
  • Barium based
  • Others

Based on the method, PVC plasticizers and stabilizers market has been segmented as follows:

• Internal
• External

Based on applications, PVC plasticizers and stabilizers market has been segmented as follows:

• PVC plasticizers
  • Flooring
  • Film and Sheeting
  • Wire and Cable
  • Coated fabrics
  • Consumer Goods
  • Medical Industry
  • Others
• PVC stabilizers
  • Building and Construction
  • Automotive
  • Electrical and Electronics
  • Packaging
  • Footwear
  • Others

Based on the geographic regions, PVC plasticizers and stabilizers market is segmented as

• North America
• Europe
• Latin America
• East Asia
• South Asia and Oceania
• Middle East & Africa

PVC Plasticizers and Stabilizers Market: Regional Outlook

Based on the regional split, the report “PVC Plasticizers and Stabilizers market” takes into account six prominent regions including North America, Europe, Latin America, East Asia, South Asia and Oceania and Middle East & Africa. The Asia Pacific market accounts for most of the demand in PVC plasticizers and stabilizers market due to improved economic conditions and increasing infrastructural development. South Asia and East Asia are amongst the most potential region for the growth of PVC plasticizers and stabilizers market, both in terms of supply and demand.

Europe and North America regions are expected to witness a considerable advancement in the PVC plasticizers and stabilizers market due to the presence of well-established infrastructure. The mature market of PVC plasticizers and stabilizers in Europe and North America grants a limited development in these regions. Considering the elevating demand for PVC plasticizers and stabilizers on the back of industrial expansion, MEA and Latin America will contribute to a steady demand for PVC plasticizers and stabilizers.

PVC Plasticizers and Stabilizers Market: Key Players

Key players in the PVC plasticizers and stabilizers market include BASF, Adeka Corporation, SONGWON, Baerlocher GmbH, Eastman Chemical Company, Alphagary, Arkema S.A. and many others. Global PVC plasticizers and stabilizers market being consolidated serve these players because of the maximum share contributed by them. Companies operating in PVC plasticizers and stabilizers market made huge investments under R&D in recent years for making products that are commercially sustainable and scale up the production.

Mass manufacturers are constantly establishing a versatile portfolio of PVC plasticizers and stabilizers that can be used for a wide variety of flexible PVC applications. Their vision is also to gain a competitive edge over the other companies for which they invest highly in licensing as well. The technical, functional and economical advantages of producing PVC plasticizers and stabilizers are kept for in-depth consideration by the companies.

The research report presents a comprehensive assessment of the PVC plasticizers and stabilizers market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The PVC plasticizers and stabilizers market report provide analysis and information, according to market segments such as geographies, product type and end-use.

The PVC plasticizers and stabilizers Market Report Covers Exhaustive Analysis On:

• PVC plasticizers and stabilizers Market Segments
• PVC plasticizers and stabilizers Market Dynamics
• PVC plasticizers and stabilizers Market Size & Demand
• Current Trends/Issues/Challenges
• PVC plasticizers and stabilizers Market Competition & Companies involved
• Technology
• PVC plasticizers and stabilizers Market Value Chain

The PVC plasticizers and stabilizers Market Regional Analysis Includes:

• North America (U.S., Canada)
• Latin America (Mexico, Brazil, Argentina, Chile, Peru)
• Europe (UK, Germany, Spain, France, BENELUX, Italy, Rest of Europe)
• East Asia (China, Japan, South Korea)
• South Asia & Oceania (India, ASEAN, Australia and New Zealand, Rest of South Asia & Oceania)
• The Middle East and Africa (GCC Countries, South Africa, Northern Africa, Turkey, Rest of MEA)

The PVC plasticizers and stabilizers report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain.

The PVC plasticizers and stabilizers report provide an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with market attractiveness as per segments. The PVC plasticizers and stabilizers report also maps the qualitative impact of various market factors on market segments and geographies.

The PVC plasticizers and stabilizers Market Report Highlights:

• A detailed overview of the parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to sustain and enhance their market footprint