Bio-plasticizers Market to Worth US$ 1.8 Billion by 2027 | Industry CAGR of 6.4%
IMARC Group has recently released a new research study titled "Bio-plasticizers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", The global bio-plasticizers market size reached US$ 1.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 1.8 Billion by 2027, exhibiting a growth rate (CAGR) of 6.4% during 2022-2027. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.
Bio-plasticizers are additives that enhance the physical and mechanical properties of polymers. They are derived from biomass sources, including agricultural products and their by-products, and waste materials. They are non-toxic, biodegradable, miscible, and highly resistant to leaching as compared to bisphenols and phthalates. They aid in increasing the flexibility, workability, tear resistance, and durability of the materials. Bio-plasticizers currently find applications in the automotive, construction, textiles, and agriculture industries across the globe.
Impact of COVID-19:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Download a free sample report to get a detailed overview of the market: https://www.imarcgroup.com/bio-plasticizers-market/requestsample
Bio-plasticizers Market Trends and Drivers:
Bio-plasticizers are widely used in the manufacturing of polyvinyl chloride (PVC) formulations, which are furthermore employed in the construction of pipes, cables, window profiles, flooring, and roofing. They are also utilized in the production of high-quality adhesives and paints and coatings. This, coupled with the growing global population and significant rise in renovation and construction activities, represent one of the primary factors catalyzing the demand for bio-plasticizers. In addition, stringent government regulations on the usage of phthalates in consumer goods and food packaging solutions are offering lucrative growth opportunities to key market players. Apart from this, the increasing adoption of bio-plasticizer in the production of disposable medical devices, including oxygen masks, containers for dialysis, nasal cannulas, flexible tubings, surgical gloves, mattress covers, and training manikins, is stimulating the growth of the market.
Ask Analyst for 10% Free Customized Report: https://www.imarcgroup.com/request?type=report&id=3948&flag=C
Bio-plasticizers Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- 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
- Solvay S.A.
Report Segmentation:
The report has segmented the market into the following categories:
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
Market 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
Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
Note: We are updating our reports, if you want the report with the latest primary and secondary data (2023-2028) including industry trends, market size and competitive landscape, etc. click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Other Trending Reports By IMARC Group
Body Temperature Monitoring Market
Sterilization Equipment Market
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic, and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and novel processing methods are at the top of the company’s expertise.
Contact Us:
IMARC Services Private Limited
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
