“The global DOP plasticizer market was valued at $6,109.5 million in 2014, and is expected to reach $7,845.8 million by 2019, at a CAGR of 5.1% from 2014 to 2019. The rising demand for DOP plasticizer from end-user industries in emerging economies is expected drive the growth of the global DOP plasticizer market.
Based on applications, the global DOP plasticizer market has been segmented into applications, such as floor & wall coverings, wire & cable, film & sheet, coated fabric, consumer goods, and others. The market has also been segmented based on regions, such as North America, Europe, Asia-Pacific, and RoW. The film & sheet application segment accounted for major share of 22.4% of the global DOP plasticizer market in the same year. The DOP plasticizer market in Asia-Pacific is expected to be driven by high demand for DOP plasticizers from its application markets, availability of cheap labor, and lower production costs in the region. The Asia-Pacific region contributed a share of 74.0% to the global DOP plasticizer market 2014.
Both top-down and bottom-up approaches were extensively used in this report, along with several data triangulation methods to perform market estimations and forecasts for the overall market segments and sub-segments listed in this report. The impact of different market factors, such as drivers, inhibitors, and opportunities has also been illustrated in the report.
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