Power & Energy Trends

With the expansion of the construction sector, on account of the launch of massive construction and infrastructure development projects, especially in the Middle East and Asia-Pacific regions, the demand for plasticizers is growing rapidly across the world. This is because plasticizers are heavily used as raw materials in the production of construction materials, such as tubes and pipes, building interiors, and roof and wall insulation. Additionally, the global construction sector is witnessing stable growth and recovery, which is being mirrored by the ballooning population and rising urbanization rate all over the world. In countries, such as India, Brazil, and China, the increasing urbanization rate is predicted to push up the demand for plasticizers , as these materials are required for manufacturing building materials for roofing, cladding, and various other construction applications. Building materials and tools are extensively required in the construction sector. A large number o...