Market Overview:
The global bio-plasticizers market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for bio-based plasticizers from various end-use industries, such as wire & cables, film & sheet, package materials, medical devices, flooring & wall covering and others. In terms of type, the epoxidized soybean oil (ESBO) segment is projected to lead the global bio-plasticizers market during the forecast period. This can be attributed to its properties such as high thermal stability and low volatility that make it suitable for use in various applications.
Product Definition:
Bio-plasticizers are organic molecules that are added to plastics to improve their flexibility, durability and other properties. They can be derived from plant or animal sources, or produced synthetically. Bio-plasticizers can replace some of the petroleum-based plasticizers that are currently in use, and they have the potential to reduce environmental pollution.
Epoxidized Soybean Oil (ESBO):
Epoxidized soybean oil (ESBO) is a bio-based, renewable and biodegradable plasticizer. It is produced from soybeans through chemical oxidation using epoxy groups. ESBO has been gaining importance as a potential bio-plasticizer on account of its biodegradability, low toxicity, high flash point & stability in air and the ability to be used as an additive in polymers or resins.
Castor Oil:
Castor oil is a type of vegetable oil, which is extracted from the seeds of castor plant. It has high amount of fatty acid and low amount of saturated fat. The chemical composition varies according to different regions across the globe owing to variation in seed production and harvesting techniques.
Application Insights:
Bio-plasticizers are used in the manufacturing of wire and cables, film and sheet, package materials, medical devices, flooring & wall coveringuring products. The demand for wire and cables was the largest application segment in 2017. These products are widely used to manufacture electrical wires and cable television among other applications.
Wire & cable emerged as the leading application segment owing to its high demand from construction industry across the globe.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is anticipated to witness a CAGR of XX% from 2018 to 2030 owing to increasing product demand from end-use industries, such as packaging, construction, automotive and medical devices. China has emerged as one of the major producers of bio-plasticizers due to easy availability of raw materials coupled with favorable climatic conditions for plant growth in this country.
Europe accounted for a significant share in terms of volume and revenue generation owing to rapid industrialization along with growing consumer awareness regarding eco-friendly products across this region since 2016. Stringent regulations on use & production imposed by regulatory bodies like ECHA are projected favorably impact industry growth over the coming years.
The market in North America was estimated at USD X billion in 2017.
Growth Factors:
- Increasing demand for bio-based plastics from packaging and automotive industries
- Rising awareness about the benefits of bio-plasticizers over traditional plasticizers
- Growing investments in research and development of bio-based plasticizers
- Proliferation of stringent environmental regulations governing the use of traditional plasticizers
- Technological advancements in production processes of bio-plasticizers
Scope Of The Report
Report Attributes
Report Details
Report Title
Bio-Plasticizers Market Research Report
By Type
Epoxidized Soybean Oil (ESBO), Castor Oil, Citrates, Succinic Acid, Others
By Application
Wire & Cables, Film & Sheet, Package Materials, Medical Devices, Flooring & Wall Covering, Others
By Companies
DowDupont, BASF, UPC Group, Evonik Industries, Lanxess, Danisco, PolyOne Corporation, Solvay, Eastman, LG Chem, DowDupont, OXEA GmbH, Hebei Jingu Plasticizer, Jiangxi East Huge Dragon Chemical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
174
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Bio-Plasticizers Market Report Segments:
The global Bio-Plasticizers market is segmented on the basis of:
Types
Epoxidized Soybean Oil (ESBO), Castor Oil, Citrates, Succinic Acid, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Wire & Cables, Film & Sheet, Package Materials, Medical Devices, Flooring & Wall Covering, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DowDupont
- BASF
- UPC Group
- Evonik Industries
- Lanxess
- Danisco
- PolyOne Corporation
- Solvay
- Eastman
- LG Chem
- DowDupont
- OXEA GmbH
- Hebei Jingu Plasticizer
- Jiangxi East Huge Dragon Chemical
Highlights of The Bio-Plasticizers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Epoxidized Soybean Oil (ESBO)
- Castor Oil
- Citrates
- Succinic Acid
- Others
- By Application:
- Wire & Cables
- Film & Sheet
- Package Materials
- Medical Devices
- Flooring & Wall Covering
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bio-Plasticizers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bio-plasticizers are chemicals that help to break down polymers into smaller molecules, which can then be used by the body to create new cells and tissues.
Some of the major companies in the bio-plasticizers market are DowDupont, BASF, UPC Group, Evonik Industries, Lanxess, Danisco, PolyOne Corporation, Solvay, Eastman, LG Chem, DowDupont, OXEA GmbH, Hebei Jingu Plasticizer, Jiangxi East Huge Dragon Chemical.
The bio-plasticizers market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bio-Plasticizers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bio-Plasticizers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bio-Plasticizers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bio-Plasticizers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bio-Plasticizers Market Size & Forecast, 2020-2028
4.5.1 Bio-Plasticizers Market Size and Y-o-Y Growth
4.5.2 Bio-Plasticizers Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Epoxidized Soybean Oil (ESBO)
5.2.2 Castor Oil
5.2.3 Citrates
5.2.4 Succinic Acid
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Wire & Cables
6.2.2 Film & Sheet
6.2.3 Package Materials
6.2.4 Medical Devices
6.2.5 Flooring & Wall Covering
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bio-Plasticizers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bio-Plasticizers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Epoxidized Soybean Oil (ESBO)
9.6.2 Castor Oil
9.6.3 Citrates
9.6.4 Succinic Acid
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Wire & Cables
9.10.2 Film & Sheet
9.10.3 Package Materials
9.10.4 Medical Devices
9.10.5 Flooring & Wall Covering
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Epoxidized Soybean Oil (ESBO)
10.6.2 Castor Oil
10.6.3 Citrates
10.6.4 Succinic Acid
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Wire & Cables
10.10.2 Film & Sheet
10.10.3 Package Materials
10.10.4 Medical Devices
10.10.5 Flooring & Wall Covering
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Epoxidized Soybean Oil (ESBO)
11.6.2 Castor Oil
11.6.3 Citrates
11.6.4 Succinic Acid
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Wire & Cables
11.10.2 Film & Sheet
11.10.3 Package Materials
11.10.4 Medical Devices
11.10.5 Flooring & Wall Covering
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Epoxidized Soybean Oil (ESBO)
12.6.2 Castor Oil
12.6.3 Citrates
12.6.4 Succinic Acid
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Wire & Cables
12.10.2 Film & Sheet
12.10.3 Package Materials
12.10.4 Medical Devices
12.10.5 Flooring & Wall Covering
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Epoxidized Soybean Oil (ESBO)
13.6.2 Castor Oil
13.6.3 Citrates
13.6.4 Succinic Acid
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Wire & Cables
13.10.2 Film & Sheet
13.10.3 Package Materials
13.10.4 Medical Devices
13.10.5 Flooring & Wall Covering
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bio-Plasticizers Market: Competitive Dashboard
14.2 Global Bio-Plasticizers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DowDupont
14.3.2 BASF
14.3.3 UPC Group
14.3.4 Evonik Industries
14.3.5 Lanxess
14.3.6 Danisco
14.3.7 PolyOne Corporation
14.3.8 Solvay
14.3.9 Eastman
14.3.10 LG Chem
14.3.11 DowDupont
14.3.12 OXEA GmbH
14.3.13 Hebei Jingu Plasticizer
14.3.14 Jiangxi East Huge Dragon Chemical
