Notable Development: Shift of apparel and textile manufacturing plants from Europe and US to Asia-Pacific attributed to low and affordable costs is driving the developing region’s textile industry at a stellar pace.
Asia-Pacific plastisols market is likely to witness significant growth with increasing demand from textile and transportation industries for eco-friendly products. India and China are expected to be the most lucrative markets for plastisols market owing to surging foreign investments with higher profit margins and low labor costs. Rising government proposals for improving public infrastructure as well as increasing cash-intensive construction plans is further driving APAC plastisols market.
Cheap manpower, favorable economic policies and vast natural resources makes APAC production hub of textiles, which in turn, supports the growth of APAC plastisols market with regards to screen printing application. Rapidly increasing infrastructure and housing sectors such as restaurants, stadium and hotels are significantly boosting the revenue and sales of plastisols in APAC market.
Increasing number of fire safety regulations across automotive industries and upholstery leads to need for compliance with quality standards, thereby driving the demand and supply of plastisols. Growing high-quality performance demand across the apparel industry with rising standards of protective clothing as well as increasing demand for the technical textiles further drives revenue growth of plastisols market.
Growing demand from construction industry with increasing need for fittings, piping’s and coatings is fuelling the growth of plastisols market at a notable pace. However, toxic nature of PVC and phthalates is likely to hinder the growth of plastisols market.
Increasing applications of digital screen printing is expected to offer significant opportunities for shareholders in plastisols market. With high durability, capacity to fit on screen for longer periods, high opacity and versatility properties of plastisols is expected to increase its usage in inks for printing purposes.
Plastisols market research report offers detailed analysis of market and consists of thoughtful facts, insights and historical data with statistically supported market data. The report also provides forecasts using suitable methodologies and set of assumptions. In addition, the report delivers lucrative information regarding market segments.
Plastisols market research report compiles qualitative as well as quantitative analysis with first-hand information by the industry analysts. Inputs from the industry participants and industry experts throughout the value chain have also been integrated in the plastisols market research report. The report further offers detailed study regarding the parent market and its related trends, governing factors and macro-economic indicators. Market attractiveness based on all the segments is also integrated in the global report. Lastly, the plastisols market research report maps qualitative impacts of several market prospects based on regions and market segments.
Classification of Plastisols Market Is Done Broadly End-Use Industry, Processing Technology and Resin Type
Based on end-use industry, plastisols market has been categorized into
Based on processing technology, plastisols market has been categorized into
Based on resin type, plastisols market has been categorized into
Plastisols Market
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