Global and China Bio Plasticizers Market Insights, Forecast to 2027

Bio plasticizers are polymer additives meant for improving flexibility, softness, workability, and volatility of the plasticized materials. These are based on renewable resources and produced from vegetable raw materials such as soybean, palm, castor oil, citrates, stearic acid, and starch. They may be internal or external based on the kind of modifications done to the materials to which they are added. Bio plasticizers are available as different types in market among which epoxides and castor oil based types (sebacates & glycerol esters) are highly adopted. They can replace phthalates in toys, food packaging, medical devices, and personal care products as phthalates are banned by different government in these commodities.
Rise in demand for flexible PVC in different applications, ban imposed on certain plasticizers, and growth in number of packaging industries drive the global bio plasticizers market. Asia-Pacific dominates the market, in terms of volume & growth, due to massive demand and production in China as well as high developing rate of the market in India & other countries. High pricing of bio plasticizers is expected to limit the market growth during the forecast period. Continuous innovation in bio plasticizers resulting in generation of its superior form with lesser cost and R&D activities for producing new applications by different market players are projected to provide numerous opportunities for development of the bio plasticizers market.

Market Analysis and Insights: Global and China Bio Plasticizers Market
This report focuses on global and China Bio Plasticizers market.
In 2020, the global Bio Plasticizers market size was US$ 850.2 million and it is expected to reach US$ 1280.4 million by the end of 2027, with a CAGR of 5.6% during 2021-2027. In China the Bio Plasticizers market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Bio Plasticizers Scope and Market Size
Bio Plasticizers market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Bio Plasticizers market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For China market, this report focuses on the Bio Plasticizers market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in China.

Segment by Type
Epoxides
Sebacates
Succinic Acid
Citrates
Glycerol Esters
Others

Segment by Application
Flooring & Wall
Film & Sheet Coverings
Wires & Cables
Coated Fabrics
Consumer Goods
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

By Company
Bioamber Inc.
DuPont
Emery Oleochemicals
Evonik
Lanxess
Matrìca
Myriant
PolyOne
Vertellus
Galata Chemicals
ROQUETTE
Jungbunzlauer Suisse
OXEA
Proviron
Jiangxi East Huge Dragon Chemical
Hebei Jingu Plasticizer