Vinyl Flooring Plasticizers Market Expected to Witness the Highest Growth by 2027

Posted on 2019-07-23 by Mark Hub in Industrial // 0 Comments

The emergence of the need for phthalate free plasticizers in the flooring industry across the globe will serve as the major growth driving factor for vinyl flooring plasticizers market. Fact.MR delivers key insights on the global vinyl flooring plasticizers market in its published report, titled “Global Vinyl Flooring Plasticizers Market: Industry Analysis and Opportunity Assessment, 2018–2027”. In terms of revenue, the global vinyl flooring plasticizers market is estimated to expand at a CAGR of 3.2% over the forecast period, owing to the numerous factors, about which Fact.MR offers thorough insights and forecasts in this report.

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Vinyl Flooring Plasticizers Market Remain Competitive

Fact.MR analysts have segmented the vinyl flooring plasticizers market into plasticizer types and region. The objective of the vinyl flooring plasticizers segment is to provide statistics and insights on phthalate and non – phthalate plasticizers on the basis of different regions. The non – phthalate segment is expected to gain traction in the forecast period owing to the increasing demand of sustainable construction products and stringent European regulations.Segmentation by Plasticizer Type

Phthalate Plasticizers

DINP
DIDP
DEHP
Others

Non – Phthalate Plasticizers

Benzoates
DEHT
DINCH
Others

The plasticizer-type segmentation includes the production and sales of vinyl flooring plasticizers generated through various plasticizer type. Plasticizers have been analyzed prudently to cover all types so that none of the revenue sources is missed out. DEHP plasticizers is offering the highest sales in the vinyl flooring plasticizers market.

Asia Pacific Remained an Attractive Market for Vinyl Flooring Plasticizers

Asia Pacific has been witnessing significant growth in the vinyl flooring plasticizers market. APAC is expected to maintain its dominance in the vinyl flooring plasticizers market during the forecast period, 2018 to 2027. The adoption of sustainable construction products by the people in APAC has led to an upsurge in the demand for vinyl flooring plasticizers. Despite this, around 90% of the total plasticizers manufactured for flooring industry comes from phthalate-based plasticizers especially DEHP.

Europe has been the dominant vinyl flooring plasticizers market, commanding over 26% of the global demand. North America accounts for over 22% share in the global vinyl flooring plasticizers market. Imports of PVC flooring from Asia to the United States have been on the rise over the last decade. According to the statistics from the database USA Trade Online, the value of plastic floor covering imports from Asia to the U.S. rose around 5 times in 10 years. The majority of those imports are likely to contain toxic phthalates such as DEHP.

Vinyl Flooring Plasticizers Market – Strengthening Flooring Industry

Flooring is one area in the construction industry that has been witnessing rapid changes over the past two decades. The advent of several new technologies and materials along with the increasing use of specialized machinery have meant that the field has changed beyond recognition, especially with reference to the industrial and commercial flooring sectors. The industrial and commercial flooring segments have been maintaining a healthy pace of growth in the recent few years. The rising demand of vinyl flooring in the commercial sector like hospitals and sports clubs will escalate the growth of vinyl flooring plasticizers in the future

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Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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