Market Overview:
The global food grade plasticizers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for food grade plasticizers from the food packaging and food utensils industries. Bio-based plasticizers are projected to be the fastest-growing type segment of the global food grade plasticizers market during the forecast period. North America is expected to lead the global market in terms of revenue, while Asia Pacific is projected to be the fastest-growing region duringthe forecast period.
Product Definition:
Food grade plasticizers are additives that are used to improve the processing and/or storage characteristics of food products. They help to keep foods from sticking together, make them more pliable, and improve their overall appearance. In particular, they can help reduce the amount of fat that is absorbed by food during cooking.
Bio-based Plasticizers:
Bio-based plasticizers are the chemical compounds derived from vegetable oil or animal fat. They are used as additives in polymers to enhance their physical properties such as stiffness, toughness, and thermal stability. Bio-based plasticizers have a high demand owing to growing environmental concerns over synthetic counterparts.
DEHP:
DEHP is a petrochemical derivative and has been used as an internal substitute for phthalate plasticizers in polyvinyl chloride (PVC) resins. DEHP can be blended into PVC to produce food-grade plasticizers that are approved by the U.S. Food & Drug Administration (FDA) for use in contact foods such as tableware, food packaging films, and others.
The global market for DEHP.
Application Insights:
Food packaging emerged as the leading application segment and accounted for over 40% of global consumption in 2017. The product is widely used in the food industry to provide flexibility, transparency, barrier properties and shelf life to a wide range of packaged foods including dairy products, meat & seafood, bakery & confectionery items.
The demand for flexible packaging has witnessed a paradigm shift due to changing consumer trends towards convenience foods with shorter preparation time. Shifting consumer preference towards healthy lifestyle practices coupled with rising health awareness is expected to drive the demand for sustainable food grade plastics over the forecast period.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is anticipated to witness a significant growth rate of 5.6% over the forecast period. The region comprises major food-producing countries, such as China, India, Thailand, Vietnam and Indonesia among others. Increasing population coupled with rising disposable income levels has resulted in an increased demand for packaged food products which will drive the APAC market over the forecast period.
The European region accounted for 24% of global revenue share in 2017 owing to stringent regulations on synthetic plasticizers by various regulatory bodies such as EEA (European Environment Agency), REACH (Registration, Evaluation And Authorization of Chemicals) by EU (European Union) and other national agencies that have restricted their use instead promoting bio-based plasticizers or mineral oil based plastics which are DEHP & BBP derivatives respectively thus driving industry growth across this region.
Growth Factors:
- Growing demand for food grade plasticizers from the packaging industry as a result of the increasing demand for packaged foods.
- Rising awareness about the benefits of food grade plasticizers among consumers, which is likely to boost their demand in the near future.
- Increasing use of food grade plasticizers in various end-use applications such as pharmaceuticals, cosmetics, and agriculture due to their superior properties.
- Technological advancements in production processes that are expected to lead to an increase in the supply of food grade plasticizers over time.
Scope Of The Report
Report Attributes
Report Details
Report Title
Food Grade Plasticizers Market Research Report
By Type
Bio-based Plasticizers, DEHP, BBP, Others
By Application
Food Packaging, Food Utensils
By Companies
DuPont, ExxonMobil, BASF, DIC Corporation, Nan Ya Plastics Corporation, LANXESS, Eastman Chemical, Adeka
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
188
Number of Tables & Figures
132
Customization Available
Yes, the report can be customized as per your need.
Global Food Grade Plasticizers Market Report Segments:
The global Food Grade Plasticizers market is segmented on the basis of:
Types
Bio-based Plasticizers, DEHP, BBP, 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
Food Packaging, Food Utensils
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:
- DuPont
- ExxonMobil
- BASF
- DIC Corporation
- Nan Ya Plastics Corporation
- LANXESS
- Eastman Chemical
- Adeka
Highlights of The Food Grade 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:
- Bio-based Plasticizers
- DEHP
- BBP
- Others
- By Application:
- Food Packaging
- Food Utensils
- 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 Food Grade 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?
Food grade plasticizers are chemicals that are used to make plastics more flexible, durable, and resistant to heat and water.
Some of the key players operating in the food grade plasticizers market are DuPont, ExxonMobil, BASF, DIC Corporation, Nan Ya Plastics Corporation, LANXESS, Eastman Chemical, Adeka.
The food grade plasticizers market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Food Grade 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 Food Grade Plasticizers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Food Grade 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 Food Grade 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 Food Grade Plasticizers Market Size & Forecast, 2018-2028
4.5.1 Food Grade Plasticizers Market Size and Y-o-Y Growth
4.5.2 Food Grade Plasticizers Market Absolute $ Opportunity
Chapter 5 Global Food Grade Plasticizers 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 Food Grade Plasticizers Market Size Forecast by Type
5.2.1 Bio-based Plasticizers
5.2.2 DEHP
5.2.3 BBP
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Food Grade Plasticizers 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 Food Grade Plasticizers Market Size Forecast by Applications
6.2.1 Food Packaging
6.2.2 Food Utensils
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Food Grade 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 Food Grade 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 Food Grade Plasticizers Analysis and Forecast
9.1 Introduction
9.2 North America Food Grade Plasticizers 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 Food Grade Plasticizers Market Size Forecast by Type
9.6.1 Bio-based Plasticizers
9.6.2 DEHP
9.6.3 BBP
9.6.4 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 Food Grade Plasticizers Market Size Forecast by Applications
9.10.1 Food Packaging
9.10.2 Food Utensils
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 Food Grade Plasticizers Analysis and Forecast
10.1 Introduction
10.2 Europe Food Grade Plasticizers 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 Food Grade Plasticizers Market Size Forecast by Type
10.6.1 Bio-based Plasticizers
10.6.2 DEHP
10.6.3 BBP
10.6.4 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 Food Grade Plasticizers Market Size Forecast by Applications
10.10.1 Food Packaging
10.10.2 Food Utensils
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 Food Grade Plasticizers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Food Grade Plasticizers 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 Food Grade Plasticizers Market Size Forecast by Type
11.6.1 Bio-based Plasticizers
11.6.2 DEHP
11.6.3 BBP
11.6.4 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 Food Grade Plasticizers Market Size Forecast by Applications
11.10.1 Food Packaging
11.10.2 Food Utensils
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 Food Grade Plasticizers Analysis and Forecast
12.1 Introduction
12.2 Latin America Food Grade Plasticizers 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 Food Grade Plasticizers Market Size Forecast by Type
12.6.1 Bio-based Plasticizers
12.6.2 DEHP
12.6.3 BBP
12.6.4 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 Food Grade Plasticizers Market Size Forecast by Applications
12.10.1 Food Packaging
12.10.2 Food Utensils
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) Food Grade Plasticizers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Food Grade Plasticizers 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) Food Grade Plasticizers Market Size Forecast by Type
13.6.1 Bio-based Plasticizers
13.6.2 DEHP
13.6.3 BBP
13.6.4 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) Food Grade Plasticizers Market Size Forecast by Applications
13.10.1 Food Packaging
13.10.2 Food Utensils
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 Food Grade Plasticizers Market: Competitive Dashboard
14.2 Global Food Grade Plasticizers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DuPont
14.3.2 ExxonMobil
14.3.3 BASF
14.3.4 DIC Corporation
14.3.5 Nan Ya Plastics Corporation
14.3.6 LANXESS
14.3.7 Eastman Chemical
14.3.8 Adeka
