10-Apr-2019 - Ceresana Research

Necessary Additives: Ceresana Analyzes the Global Market for Plasticizers

Alternatives to Phthalates Are in Demand

Plasticizers are one of the best-selling chemicals. They are needed to make brittle plastics, rubbers, paints and coatings as well as adhesives more smooth, flexible, and soft. “PVC floors, cables, plastic toys or packaging – many everyday products contain plasticizers,” Oliver Kutsch, CEO of Ceresana, explains. “Even deodorants and perfumes require these additives.” The latest, already fifth plasticizer report by the market research company Ceresana forecasts the demand for this controversial but so far indispensable material to increase to about 10.5 billion tonnes worldwide until 2026.

Alternatives to Phthalates Are in Demand

Since phthalates are considered as harmful to health and environment and were already banned from many applications, processors of plasticizers are increasingly looking for phthalate-free alternatives. However, DEHP (bis(2-ethylhexyl)phthalate) was still the most frequently used plasticizer type in 2018 with 3.24 million tonnes. About one third of the plasticizer market was accounted for by the phthalates DINP (diisononyl phthalate) and DIDP (diisodecyl phthalate). However, phthalates are likely to continue to lose market shares in the years to come. In contrast, analysts at Ceresana expect demand for phthalate-free plasticizers to increase by 3.3% to about 2.3 million tonnes.

Plastics Are the Largest Application Area

In 2018, about 7.45 million tonnes of plasticizers were utilized for plastic products, especially for PVC. 2.33 million tonnes were used for films alone, followed closely by cables and profiles. Until 2026, Ceresana expects the segment profiles to account for the highest increase in plasticizer demand at rates of 3.0% per year. This development can be explained by, among others, the globally rising energy efficiency awareness: Energy-saving plastic windows are increasingly replacing aluminum or wooden window profiles.

Major Consumer is Asia

Plasticizer processing in Asia-Pacific accounted for about 60% of global demand in 2018. Due to above-average growth rates, demand in this world region will presumably rise to about 6.5 million tonnes in the next years. Asia is followed by Western Europe with currently 12% and North America with 11% of plasticizer demand.

Facts, background information, dossiers
More about Ceresana Research
  • News

    New study about the global market for polyethylene-LLDPE

    Linear low-density polyethylene (LLDPE) is one of the most widely used types of standard plastics. Other varieties of polyethylene, especially LDPE and HDPE, are sometimes easier to process; however, LLDPE is more flexible and has a higher resistance against tearing, shocks, and punctures. ... more

    Persevering evergreen: Study about the global market for low-density polyethylene

    Polyethylene is one of the top-selling standard plastic, its consumption continues to increase despite all environmental discussions. It is classified into different grades according to its density and the branching of its polymer chains: LDPE, LLDPE, and HDPE. This study constitutes Ceresa ... more

    Further growth for bioplastics

    Polylactic acids, starch blends, cellulose, and other bioplastics achieve significantly higher growth rates than conventional standard plastics made of mineral oils or natural gases. „Bioplastics can be used in a growing number of application areas,“ explains Oliver Kutsch, CEO of market re ... more