DUBLIN, March 14, 2024 /PRNewswire/ — The “Bio-Plasticizer Market: Trends, Forecast and Competitive Analysis [2024-2030]” report has been added to ResearchAndMarkets.com’s offering.
The future of the global bio-plasticizer market looks attractive with opportunities in the packaging, medical device, consumer goods, wire & cable, and building & construction industries. The global bio-plasticizer market is expected to reach an estimated $3.4 billion by 2030 with a CAGR of 6% from 2024 to 2030.
The major drivers for this market are increasing demand for PVC, growing need for non-toxic alternative for phthalates plasticizer, stringent environment regulations, and increasing health concern.
Bio-Plasticizer Market Insight
- ESBO is forecast to remain the largest material and it is the expected to witness the highest growth over the forecast period with growth in packaging materials, medical devices, consumer goods, and ban or restriction on phthalate plasticizer expected to driver the demand for bio-plasticizer.
- Packaging materials will remain the largest end use industries and it is also expected to witness highest growth during the forecast period supported by increasing demand in the food and beverages, household products, personal care, and pharmaceuticals packaging.
- Asia Pacific is expected to be the largest region by value and volume and will experience the highest growth over the forecast period supported by increasing demand for PVC plastic in construction, automotive, packaging, food and medical end use market in emerging countries, such as China and India.
Key Report Features
- Market Size Estimates: Bio-plasticizer market size estimation in terms of volume (kilotons) and value ($M) shipment.
- Trend and Forecast Analysis: Market trends (2016-2021) and forecast (2022-2027) by various segments and regions.
- Segmentation Analysis: Market size by various segments, such as material, end use industry, and regions in terms of value and volume.
- Regional Analysis: Bio-plasticizer market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth Opportunities: Analysis on growth opportunities in different end use industries, material, and regions for the bio-plasticizer market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape for the bio-plasticizer market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies bio-plasticizer companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base.
Some of the bio-plasticizer companies profiled in this report include:
- Dow Chemical
- Evonik Industries
- Solvay
- Lanxess
- Polyone
- Danisco
- Emery Oleochemicals
- Matrica
- Myriant Corporation
- Hebei Plasticizers
- Jiangxi East Huge Dragon Chemical
- Vertellus Specialties Inc.
This report answers the following key questions
- What are some of the most promising, high-growth opportunities for the 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)?
- Which segments will grow at a faster pace and why?
- Which regions will grow at a faster pace and why?
- What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
- What are the business risks and threats to the market?
- What are the emerging trends in this market and the reasons behind them?
- What are the changing demands of customers in the market?
- What are the new developments in the market? Which companies are leading these developments?
- Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
- What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
- What M & A activities have taken place in the last 5 years in this market?
Key Topics Covered:
1. Executive Summary
2. Market Background and Classifications
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1: Macroeconomic Trends and Forecast
3.2: Global Bio Plasticizer Market Trends and Forecast by Value ($M) and Volume (by Kilotons)
3.3: Global Bio Plasticizer Market by Material Type in Value ($M) and Volume (by Kilotons)
3.3.1: ESBO
3.3.2: Castor Oil
3.3.3: Citrates
3.3.4: Succinic Acid
3.3.5: Others
3.4: Global Bio Plasticizer Market by End Use Industry in Value ($M) and Volume (by Kilotons)
3.4.1: Packaging Materials
3.4.2: Medical Devices
3.4.3: Consumer Goods
3.4.4: Wires & Cables
3.4.5: Building & Construction
3.4.6: Others
4. Global Bio Plasticizer Market by Region from 2018 to 2030
4.1: North American Bio Plasticizer Market
4.2: Europe Bio Plasticizer Market
4.3: APAC Bio Plasticizer Market
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Market Share Analysis
5.3: Geographical Reach
5.4: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.2: Emerging Trends in the Global Bio Plasticizer Market
6.3: Strategic Analysis
6.3.1: New End Use Industry Development
6.3.2: Material Type Development
6.3.3: Mergers and Acquisitions
7. Company Profiles of Leading Players
- DowDuPont
- Evonik Industries
- Solvay S.A.
- Lanxess AG
- Polyone Corporation
- Broadcom
- Danisco Us Inc
- Emery Oleochemicals LLC
- Myriant Corporation
- Matrica SPA
- Vertellus Specialties Inc
For more information about this report visit https://www.researchandmarkets.com/r/g0owuu
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