Global Plastisols Market Overview.
“The global Plastisols Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
Plastisol is a suspension of PVC or other polymer particles in a liquid plasticizer it flows as a liquid and can be used in a heated mold. When heated to around 177 degrees Celsius, plastic particles dissolve and mixture turns into a gel of high viscosity. On cooling below 60 degrees C, a flexible, permanently plasticized solid product is resulted.
Global Plastisols Market Dynamics:
Increasing construction activities in developed and developing countries is resulting in increasing demand for paint and coating products and plastisols having wide applicability in paint & coating products, owing to their superior properties such as excellent process-ability, low odor, and low VOC emissions are major factors expected to drive growth of the global market.
Adhesives have become a prime technology component in automotive applications, as they are continuously replacing mechanical fasteners, and have superior bonding & joining properties when compared to traditional methods, like nuts and screws. Increasing automotive sale in developing countries, coupled with wide applicability plastisols in automotive sector, owing to their properties such as high heat stability and high dispersion is another factor expected to support growth of the global market to certain extent.
Moreover, increasing number of fire safety regulations across automotive industries and need for compliance with quality standards, is resulting into growing demand of plastisols. In addition, growing demand for high-quality performance in apparel industry, coupled with rising standards of protective clothing, and increasing demand for technical textiles is another factor expected to further boost growth of the global plastisols market to certain extent.
However, toxic nature of PVC and Phthalates is a major factor expected to hamper growth of the global market to certain extent.
Technological advancements and increasing R&D activities by major players are expected to create new opportunities in terms of revenue for players operating in the target market over the forecast period. In addition, increasing expansion activities by major players through strategic mergers and acquisitions is another factor expected to further support growth of the market to certain extent.
Asia Pacific is expected to dominate in the global market in terms of revenue and is expected to continue its dominance over the forecast period. The dominance can be attributed to increasing automotive sale, rising construction activities, and presence of major players operating in the emerging economies such as India and China.
The markets in North America and Europe are expected to contribute significant revenue shares in the global market, owing to increasing upgradation of present infrastructure and reconstruction activities in the countries in this region. In addition, growing merger and acquisition activities among regional and international players is expected to further support growth of the market to certain extent in this region.
The market in Latin America is expected to witness moderate growth, owing to increasing presence of major paint & coating manufacturers through shifting their base in developing countries such as Brazil and Argentina in this region.
Global Plastisols Market Segmentation:
- Screen Printing
- Adhesives & Sealants
By End-use Industry:
- Metal Finishing
- Others (Toys, Recreational/Sports/Leisure)
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- PolyOne Corporation
- Fujifilm Corporation
- International Coatings Company
- Huber Group
- S. Plastic Coatings Corporation
- Carlisle Plastics Company, Inc.
- The Lancer Group LLC
- Chemionics Corporation
- Rutland Plastic Technologies, Inc.
- Polyblend UK Ltd.
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