According to the recent study the global Bio- Plasticizer Market is projected to reach an estimated $3 billion by 2030 from $2 billion in 2023 at a CAGR of 6% from 2023 to 2030. Growth in this market is primarily driven by increasing demand for PVC, growing need for non-toxic alternative for phthalates plasticizer, stringent environment regulations, and increasing health concern.
Browse 132 figures/charts
and 103 tables in this 201-page report to understand trends, opportunities and
forecast in global bio- plasticizer market by material type (ESBO, citrates,
castor oil, succinic acid, and others), end use industry (packaging materials,
medical devices, consumer goods, wires & cables, building &
construction, flooring and walls, and others), and region (North America,
Europe, Asia Pacific, and Rest of the World).
Lucintel forecasts that
ESBO will remain the largest material and it is the expected to witness the
highest growth over the forecast period with growth in packaging materials,
medical devices, consumer goods, and ban or restriction on phthalate
plasticizer expected to driver the demand for bio-plasticizer.
Packaging materials will
remain the largest end use industries and it is also expected to witness
highest growth during the forecast period supported by increasing demand in the
food and beverages, household products, personal care, and pharmaceuticals
packaging.
Download sample by clicking on Bio- Plasticizer
Market.
Asia Pacific is expected
to be the largest region by value and volume and will experience the highest
growth over the forecast period supported by increasing demand for PVC plastic
in construction, automotive, packaging, food and medical end use market in
emerging countries, such as China and India.
Dow Chemical, Evonik
Industries, Solvay, Lanxess, Polyone, Danisco, Emery Oleochemicals, Matrica,
Myriant Corporation, Hebei Plasticizers, Jiangxi East Huge Dragon Chemical,
Vertellus Specialties Inc are among the major bio- plasticizer providers.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel.+1 972.636.5056
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