August 29, 2019 by Steve Blade
Vinyl flooring plasticizers market continues to witness lucrative opportunities across countries owing to the rising demand of flooring industry across the globe. Moreover, increase in the demand of ecologically sound vinyl flooring products has influenced the adoption of non – phthalate plasticizers in the vinyl flooring market. This has encouraged manufacturers to adopt for new innovations in order to meet the rising demand of non–phthalate plasticizers.
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
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.
North America vinyl flooring plasticizers market include country-level analysis for the U.S. and Canada. The U.S vinyl flooring plasticizers market is expected to grow at a CAGR of 1.8% over the forecast period wherein DINP-type plasticizers are predominant in the plasticizer-type segment. The Latin America vinyl flooring plasticizers include country-level analysis for Brazil, Mexico and Rest of Latin America. The Mexico vinyl flooring plasticizers market is expected to expand at a CAGR of 3.8% during the forecast period.
Europe vinyl flooring plasticizers include country-level analysis for Germany, UK, France, Spain, Italy and Rest of Europe. Germany and United Kingdom account for a significant market share in the Europe vinyl flooring plasticizers.
The Asia Pacific vinyl flooring plasticizers includes country-level analysis for China, India, Japan, ASEAN and rest of Asia Pacific. The APAC vinyl flooring plasticizers represent the most lucrative geographic region wherein India and China represent substantial incremental opportunity over the forecast period.
The Middle East and Africa (MEA) vinyl flooring plasticizers include country-level analysis for GCC Countries, South Africa, Israel and Rest of MEA. Vinyl flooring plasticizers market in the GCC region is particularly driven by high growth in the construction industry. It is particularly driven by population’s wealth, as reflected from high GDP per capita and growing demand for floorings in the commercial sector.
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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