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Report
Bio-plasticizers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-11-02 I 139 Pages I IMARC Group
The global bio-plasticizers market size reached US$ 1.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1.9 Billion by 2028, exhibiting a growth rate (CAGR) of 6.5% during 2022-2028.
Bio-plasticizers refer to biologically derived additives used for improving the flexibility, softness, texture, functional properties and volatility of plasticized polymers. Some of the commonly used bio-plasticizers include epoxidized plant oils, cardanol, isosorbide esters and citrates. They are derived from vegetable raw materials, such as soybean, palm, castor oil, citrates, stearic acid, starch, biomass, agricultural products and waste materials. In comparison to the traditionally used phthalates, bio-plasticizers are non-toxic, environment-friendly, resistant to leaching, miscible and highly cost-effective. As a result, they are extensively used for the manufacturing of polyvinyl chloride (PVC) cables and resins, wire jackets, cables, food packaging material, medical equipment and automobile components.
Bio-plasticizers Market Trends:
A significant increase in the demand for PVC products across the globe is one of the key factors driving the market growth. Bio-plasticizers are widely used in the manufacturing of PVC products to enhance the stability, safety and effectiveness of flexible sheets and films, coated fabrics and electrical components. Moreover, the imposition of a ban on the use of phthalate-based plasticizers to produce consumer goods, food packaging materials and medical devices is providing a thrust to the market growth. In line with this, the widespread adoption of bio-plasticizers in construction materials is also contributing to the growth of the market. Bio-plasticizers aid in reducing the water requirement of the concrete and increasing the functional stability of other building materials. They are also highly effective in thermo-insulation panels, architectural molds and sculptures that require high-quality adhesives and sealants. Additionally, the development of fast-acting bio-plasticizers using rapidly renewable plant-based feedstock with enhanced productivity, minimal defects and enhanced biodegradability, are favoring the market growth. Other factors, including rising environmental consciousness among the masses, along with the implementation of favorable government policies promoting sustainable development, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global bio-plasticizers market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product and application.
Breakup by Product:
Epoxidized Soybean Oil (ESBO)
Castor Oil-Based Plasticizers
Citrates
Succinic Acid
Others
Breakup by Application:
Packaging Materials
Consumer Goods
Automotive and Transport
Building and Construction
Textiles
Agriculture and Horticulture
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Avient Corporation, BASF SE, DIC Corporation, Dow Inc., DuPont de Nemours Inc., Emery Oleochemicals LLC, Evonik Industries AG, Lanxess AG, Matrica S.p.A., OQ Chemicals GmbH, Roquette Freres and Solvay S.A.
Key Questions Answered in This Report
1. What was the size of the global bio-plasticizers market in 2022?
2. What is the expected growth rate of the global bio-plasticizers market during 2023-2028?
3. What are the key factors driving the global bio-plasticizers market?
4. What has been the impact of COVID-19 on the global bio-plasticizers market?
5. What is the breakup of the global bio-plasticizers market based on the product?
6. What is the breakup of the global bio-plasticizers market based on the application?
7. What are the key regions in the global bio-plasticizers market?
8. Who are the key players/companies in the global bio-plasticizers market?
1 Preface
2 Scope and Methodology
2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 Executive Summary
4 Introduction
4.1Overview
4.2Key Industry Trends
5 Global Bio-plasticizers Market
5.1Market Overview
5.2Market Performance
5.3Impact of COVID-19
5.4Market Forecast
6 Market Breakup by Product
6.1Epoxidized Soybean Oil (ESBO)
6.1.1 Market Trends
6.1.2 Market Forecast
6.2Castor Oil-Based Plasticizers
6.2.1 Market Trends
6.2.2 Market Forecast
6.3Citrates
6.3.1 Market Trends
6.3.2 Market Forecast
6.4Succinic Acid
6.4.1 Market Trends
6.4.2 Market Forecast
6.5Others
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Application
7.1Packaging Materials
7.1.1 Market Trends
7.1.2 Market Forecast
7.2Consumer Goods
7.2.1 Market Trends
7.2.2 Market Forecast
7.3Automotive and Transport
7.3.1 Market Trends
7.3.2 Market Forecast
7.4Building and Construction
7.4.1 Market Trends
7.4.2 Market Forecast
7.5Textiles
7.5.1 Market Trends
7.5.2 Market Forecast
7.6Agriculture and Horticulture
7.6.1 Market Trends
7.6.2 Market Forecast
7.7Others
7.7.1 Market Trends
7.7.2 Market Forecast
8 Market Breakup by Region
8.1North America
8.1.1 United States
8.1.1.1 Market Trends
8.1.1.2 Market Forecast
8.1.2 Canada
8.1.2.1 Market Trends
8.1.2.2 Market Forecast
8.2Asia-Pacific
8.2.1 China
8.2.1.1 Market Trends
8.2.1.2 Market Forecast
8.2.2 Japan
8.2.2.1 Market Trends
8.2.2.2 Market Forecast
8.2.3 India
8.2.3.1 Market Trends
8.2.3.2 Market Forecast
8.2.4 South Korea
8.2.4.1 Market Trends
8.2.4.2 Market Forecast
8.2.5 Australia
8.2.5.1 Market Trends
8.2.5.2 Market Forecast
8.2.6 Indonesia
8.2.6.1 Market Trends
8.2.6.2 Market Forecast
8.2.7 Others
8.2.7.1 Market Trends
8.2.7.2 Market Forecast
8.3Europe
8.3.1 Germany
8.3.1.1 Market Trends
8.3.1.2 Market Forecast
8.3.2 France
8.3.2.1 Market Trends
8.3.2.2 Market Forecast
8.3.3 United Kingdom
8.3.3.1 Market Trends
8.3.3.2 Market Forecast
8.3.4 Italy
8.3.4.1 Market Trends
8.3.4.2 Market Forecast
8.3.5 Spain
8.3.5.1 Market Trends
8.3.5.2 Market Forecast
8.3.6 Russia
8.3.6.1 Market Trends
8.3.6.2 Market Forecast
8.3.7 Others
8.3.7.1 Market Trends
8.3.7.2 Market Forecast
8.4Latin America
8.4.1 Brazil
8.4.1.1 Market Trends
8.4.1.2 Market Forecast
8.4.2 Mexico
8.4.2.1 Market Trends
8.4.2.2 Market Forecast
8.4.3 Others
8.4.3.1 Market Trends
8.4.3.2 Market Forecast
8.5Middle East and Africa
8.5.1 Market Trends
8.5.2 Market Breakup by Country
8.5.3 Market Forecast
9 SWOT Analysis
9.1Overview
9.2Strengths
9.3Weaknesses
9.4Opportunities
9.5Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1Overview
11.2Bargaining Power of Buyers
11.3Bargaining Power of Suppliers
11.4Degree of Competition
11.5Threat of New Entrants
11.6Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
13.1Market Structure
13.2Key Players
13.3Profiles of Key Players
13.3.1Avient Corporation
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.1.3 Financials
13.3.1.4 SWOT Analysis
13.3.2BASF SE
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.2.3 Financials
13.3.2.4 SWOT Analysis
13.3.3DIC Corporation
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.3.3 Financials
13.3.3.4 SWOT Analysis
13.3.4Dow Inc.
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.4.3 Financials
13.3.5DuPont de Nemours Inc.
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.5.3 Financials
13.3.5.4 SWOT Analysis
13.3.6Emery Oleochemicals LLC
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.7Evonik Industries AG
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.7.3 Financials
13.3.7.4 SWOT Analysis
13.3.8Lanxess AG
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.8.3 Financials
13.3.8.4 SWOT Analysis
13.3.9Matrica S.p.A.
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
13.3.10OQ Chemicals GmbH
13.3.10.1 Company Overview
13.3.10.2 Product Portfolio
13.3.11Roquette Freres
13.3.11.1 Company Overview
13.3.11.2 Product Portfolio
13.3.12Solvay S.A.
13.3.12.1 Company Overview
13.3.12.2 Product Portfolio
13.3.12.3 Financials
13.3.12.4 SWOT Analysis
Figure 1: Global: Bio-plasticizers Market: Major Drivers and Challenges
Figure 2: Global: Bio-plasticizers Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Bio-plasticizers Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Bio-plasticizers Market: Breakup by Product (in %), 2022
Figure 5: Global: Bio-plasticizers Market: Breakup by Application (in %), 2022
Figure 6: Global: Bio-plasticizers Market: Breakup by Region (in %), 2022
Figure 7: Global: Bio-plasticizers (Epoxidized Soybean Oil-ESBO) Market: Sales Value (in Million US$), 2017 & 2022
Figure 8: Global: Bio-plasticizers (Epoxidized Soybean Oil-ESBO) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 9: Global: Bio-plasticizers (Castor Oil-Based Plasticizers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Bio-plasticizers (Castor Oil-Based Plasticizers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Bio-plasticizers (Citrates) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Bio-plasticizers (Citrates) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Bio-plasticizers (Succinic Acid) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Bio-plasticizers (Succinic Acid) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Bio-plasticizers (Other Products) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Bio-plasticizers (Other Products) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Bio-plasticizers (Packaging Materials) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Bio-plasticizers (Packaging Materials) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Bio-plasticizers (Consumer Goods) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Bio-plasticizers (Consumer Goods) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Bio-plasticizers (Automotive and Transport) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Bio-plasticizers (Automotive and Transport) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Bio-plasticizers (Building and Construction) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Bio-plasticizers (Building and Construction) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Bio-plasticizers (Textiles) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Bio-plasticizers (Textiles) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Bio-plasticizers (Agriculture and Horticulture) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Bio-plasticizers (Agriculture and Horticulture) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Bio-plasticizers (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Bio-plasticizers (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: North America: Bio-plasticizers Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: North America: Bio-plasticizers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: United States: Bio-plasticizers Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: United States: Bio-plasticizers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Canada: Bio-plasticizers Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Canada: Bio-plasticizers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Asia-Pacific: Bio-plasticizers Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Asia-Pacific: Bio-plasticizers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: China: Bio-plasticizers Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: China: Bio-plasticizers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Japan: Bio-plasticizers Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Japan: Bio-plasticizers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: India: Bio-plasticizers Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: India: Bio-plasticizers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: South Korea: Bio-plasticizers Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: South Korea: Bio-plasticizers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Australia: Bio-plasticizers Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Australia: Bio-plasticizers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Indonesia: Bio-plasticizers Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Indonesia: Bio-plasticizers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: Others: Bio-plasticizers Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: Others: Bio-plasticizers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Europe: Bio-plasticizers Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Europe: Bio-plasticizers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Germany: Bio-plasticizers Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Germany: Bio-plasticizers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: France: Bio-plasticizers Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: France: Bio-plasticizers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: United Kingdom: Bio-plasticizers Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: United Kingdom: Bio-plasticizers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Italy: Bio-plasticizers Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Italy: Bio-plasticizers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Spain: Bio-plasticizers Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Spain: Bio-plasticizers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Russia: Bio-plasticizers Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Russia: Bio-plasticizers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Others: Bio-plasticizers Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Others: Bio-plasticizers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Latin America: Bio-plasticizers Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Latin America: Bio-plasticizers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Brazil: Bio-plasticizers Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Brazil: Bio-plasticizers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Mexico: Bio-plasticizers Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Mexico: Bio-plasticizers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Others: Bio-plasticizers Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Others: Bio-plasticizers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Middle East and Africa: Bio-plasticizers Market: Sales Value (in Million US$), 2017 & 2022
Figure 78: Middle East and Africa: Bio-plasticizers Market: Breakup by Country (in %), 2022
Figure 79: Middle East and Africa: Bio-plasticizers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Global: Bio-plasticizers Industry: SWOT Analysis
Figure 81: Global: Bio-plasticizers Industry: Value Chain Analysis
Figure 82: Global: Bio-plasticizers Industry: Porter's Five Forces Analysis
Table 1: Global: Bio-plasticizers Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Bio-plasticizers Market Forecast: Breakup by Product (in Million US$), 2023-2028
Table 3: Global: Bio-plasticizers Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 4: Global: Bio-plasticizers Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 5: Global: Bio-plasticizers Market: Competitive Structure
Table 6: Global: Bio-plasticizers Market: Key Players
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