Global Bio Plasticizer Market 2024-2028
The bio plasticizer market is forecasted to grow by USD 803.8 mn during 2023-2028, accelerating at a CAGR of 6.19% during the forecast period. The report on the bio plasticizer market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in number of applications of bio plasticizers across different industries, growing urbanization and infrastructure development, and rise in demand for eco friendly products.
Technavio's bio plasticizer market is segmented as below:
- By Product
- Epoxidized Soybean Oil (ESBO)
- Castor oil-based plasticizers
- Citrates
- Succinic acid
- Others
- By Application
- Packaging materials
- Automotive and transport
- Consumer goods
- Building and construction
- Others
- By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the technological advancements of bio plasticizers as one of the prime reasons driving the bio plasticizer market growth during the next few years. Also, increasing focus on sustainable packaging solutions and increasing use in consumer goods will lead to sizable demand in the market.
The report on the bio plasticizer market covers the following areas:
- Bio plasticizer market sizing
- Bio plasticizer market forecast
- Bio plasticizer market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading bio plasticizer market vendors that include ACS Technical Products, ARD, Avient Corp., BASF SE, Cargill Inc., DIC Corp., Dow Inc., Emery Oleochemicals Group, Evonik Industries AG, Goldstab Organics Pvt. Ltd., Grupo Princz IPASA, Hebei Jingu Co. Ltd, India Glycols Ltd., Jungbunzlauer Suisse AG, Lanxess AG, Matrica S.p.A, OQ Chemicals GmbH, Roquette Freres SA, Solvay SA, Valtris Specialty Chemicals, and Zhejiang Jiaao Enprotech Stock Co Ltd. Also, the bio plasticizer market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.