Large amounts of plasticisers are processed to make brittle plastics, elastomers, paints and varnishes, as well as adhesives smooth, flexible or even useful in the first place. A new report by Ceresana forecasts the demand for this material to increase to about 9.75 billion tonnes worldwide until 2024.
Since phthalates are considered as harmful to health and environment and were already banned from many applications, processors of plasticisers are increasingly looking for phthalate-free alternatives.
DEHP is still the most frequently used type
However, DEHP (bis(2-ethylhexyl)phthalate) was still the most frequently used plasticiser type in 2016 with 3.07 million tonnes. About one third of the plasticiser market was accounted for by the phthalates DINP (diisononyl phthalate) and DIDP (diisodecyl phthalate). DEHP, however, will register below-average growth rates and will presumably continue to lose market shares. In contrast to that, the analysts of Ceresana expect an increasing demand volume for DINP/DIDP and non-phthalates, which will develop at growth rates of 3.6% and 3.2% p.a. respectively.
Plastic products are in first place
The most important application area are plastic products – about 87% of all plasticisers were used for this sector in 2016. Plasticisers are utilized for PVC in particular. 2.14 million tonnes were used for films alone, followed closely by cables and profiles. Demand for plasticisers in the production of rubber products, paints and varnishes as well as adhesives is considerably lower. Until 2024, Ceresana expects the highest increases in plasticiser demand for cables and cable sheathing.
Above-average growth rates in Asia
The plasticiser industry in Asia-Pacific accounted for about 59% of global demand in 2016. Due to above-average growth rates, demand in this region will presumably rise to about 6 million tonnes in the years to come. Behind Asia, Western Europe ranked second in 2016 with 12.1%, followed by North America with 11.5%.
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