bio plasticizers market status and trend report 2013 2023

Bio-plasticizers Market Size & Share Analysis - Growth Trends

The Global Bioplasticizers Market size is expected to grow from 419.87 kilotons in 2023 to 569.07 kilotons by 2028, at a CAGR of 6.27% during the forecast period (2023-2028). COVID-19 negatively impacted the market in 2020. During the pandemic, construction activities were temporarily halted due to the government-imposed lockdown.

• What is the study period of this market?The Bio-plasticizers Market is studied from 2018 - 2028. Read More
• What is the growth rate of Bio-plasticizers Market?The Bio-plasticizers Market is growing at a CAGR of >6% over the next 5 years. Read More
• Which region has highest growth rate in Bio-plasticizers Market?Asia Pacific is growing at the highest CAGR over 2018 - 2028. Read More
• Which region has largest share in Bio-plasticizers Market?Asia Pacific holds highest share in 2021. Read More
• Who are the key players in Bio-plasticizers Market?Evonik Industries AG, LANXESS, Matrica S.p.A., OQ Chemicals GmbH, Dow are the major companies operating in Bio-plasticizers Market. Read More

• www.grandviewresearch.com ? industry-analysis ? bioBio Plasticizers Market Size & Share Analysis [2023 Report]

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    • Report Overview
    • Product Insights
    • Application Insights
    • Regional Insights
    • Key Companies & Market Share Insights
    • Global Bio Plasticizers Market Report Segmentation

      The global bio plasticizers market size was estimated to be USD 2.95 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 8.2% from 2023 to 2030. The rise in demand for bio-plasticizers from the global packaging industry is anticipated to drive the market in the coming years. In addition, the surging demand for bio-pla...

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      By product, epoxidized soyabean oil (ESBO) was the largest segment of the bio-plasticizers market in 2022, which accounted for a market share of over 35%. Epoxidized soybean oil (ESBO) is a plasticizer made from soybean oil. Plastic materials, especially those comprising polyvinyl chloride(PVC) and being used across industries such as construction,...

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      By application, packaging materials was the largest segment of the bio-plasticizers market in 2022, which accounted for a market share of more than 34%, followed by consumer goods as the second-largest segment. Bio-plasticizer-based plastics are widely used in packaging applications such as food & beverage packaging, personal care packaging, films

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      By region, North America witnessed the highest market share of above 35% in 2022 owing to the growing demand from the packaging industry in the countries such as the U.S., Canada, and Mexico. Rising environmental concerns and a global attempt to reduce pollution are propelling the demand for bio-plasticizers in the packaging industry across the reg...

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      Strategic partnerships, capacity expansions, and new product developments are popular strategies adopted by a majority of the players operating in the global market. In September 2021, Cargill, Incorporated announced its acquisition of Arkema’s epoxide business, enabling the former to expand its footprint across bio-plasticizer manufacturing in lin...

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      This report forecasts volume and revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global bio plasticizers market report based on product, application, and region: To learn more about this

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    • People also ask

      What is the global bio plasticizers market size?

      • The global Bio Plasticizers market was valued at USD 850.2 million in 2022 and is anticipated to reach USD 1280.4 million by 2029, witnessing a CAGR of 5.6% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

        Bio Plasticizers Market Emerging Trends and Forecast 2023-2030

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        What are the obstacles preventing the bio plasticizers industry from expanding?

        • In addition, a number of obstacles are preventing the Bio Plasticizers Industry from expanding. They include slower market growth for Bio Plasticizers Industry in some nations, historical and projected sales volume, economic constraints on rising nations, and numerous market barriers.

          Bio Plasticizers Market Emerging Trends and Forecast 2023-2030

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          Are bio plasticizers a good alternative to phthalates?

          • Bio plasticizers are available as different types in market among which epoxides and castor oil based types (sebacates and 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.

            Bio Plasticizers Market Emerging Trends and Forecast 2023-2030

            www.marketwatch.com/press-release/bio-plasticizers-market-emerging-trends-and-forecast-2023-2030-2023-06-18

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            What are the benefits of bio plasticizers?

            • Bio plasticizers also reduce polymer–polymer chain secondary bonding by spreading them apart, increasing the free volume, which enhances flexibility, elongation at break, toughness, power factor, and dielectric constant. An effective bio plasticizer is believed to contain two types of structural components, such as polar and non-polar.

              Bio Plasticizers Market by Type and Application - 2030

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            • www.fortunebusinessinsights.com ? bio-plasticizersBio-Plasticizers Market Size, Industry Share | Forecast, 2030

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                Bio-Plasticizers Market Size, Share, and COVID-19 Impact Analysis, By Type (Epoxides, Citrates, Glycerol Ester, Sebacates, Succinic Acid, and Others), By Application (Packaging, Consumer Goods, Medical Devices, Building & Construction, Wires & Cables, and Other), and Regional Forecast, 2023-2030

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Bio Plasticizers Market Emerging Trends and Forecast 2023

The Global bio plasticizers Market size is expected to be worth around USD 3.07 billion by 2032 from USD 1.41 billion in 2023, growing at a CAGR of 8.10% during the forecast period from 2023 to 2032. Bio-plasticizers are made from vegetable materials. They can also be used to replace petroleum-based plasticizers.

Bio-Plasticizers Market - Growth, Trends, COVID-19 Impact,

Whole Asia Pacific and Regional Market Size of Bio Plasticizers 2013-2017, and development forecast 2018-2023 Main market players of Bio Plasticizers in Asia Pacific, with company and product introduction, position in the Bio Plasticizers market Market status and development trend of Bio Plasticizers by types and applications

Bio Plasticizers Market by Type and Application - 2030

The global bio plasticizers market was valued at $1.3 billion in 2020, and is projected to reach $2.1 billion by 2030, growing at a CAGR of 5.31% from 2021 to 2030. The increase in demand for the e-commerce during the pandemic has created a huge demand for films and sheet covering used in packaging industries.