Bio plasticizers are polymer materials derived from renewable sources include vegetable oil and biomass. Application tests then showed that the bio-based plasticizers can already compete with existing plasticizers in many areas. They are meant for improving flexibility, softness, workability, and volatility of the plasticized materials. In 2021, the global bio plasticizers market stood at USD 1,848 million. Recording a CAGR of 6.1% from 2022 to 2028, the worth is projected to reach ~USD 2,797 million by 2028, according to a new report by Gen Consulting Company.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global bio plasticizers market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the bio plasticizers industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, end user, and region. The global market for bio plasticizers can be segmented by product: castor oil-based plasticizers, citrates, epoxidized soybean oil (ESBO), succinic acid, others. The ESBO segment held the largest revenue share in 2021. Bio plasticizers market is further segmented by end user: automotive & transportation, building & construction, consumer goods, medical devices, packaging, others. Among these, the building & construction segment was accounted for the highest revenue generator in 2021. Based on region, the bio plasticizers market is segmented into: Asia Pacific, Europe, North America, Rest of the World (RoW).

By product:
– castor oil-based plasticizers
– citrates
– epoxidized soybean oil (ESBO)
– succinic acid
– others

By end user:
– automotive & transportation
– building & construction
– consumer goods
– medical devices
– packaging
– others

By region:
– Asia Pacific
– Europe
– North America
– Rest of the World (RoW)

The market research report covers the analysis of key stake holders of the global bio plasticizers market. Some of the leading players profiled in the report include Avient Corporation, BASF SE, DIC Corporation, Dow Chemical Company, Emery Oleochemicals, Evonik Industries AG, Hebei Jingu Plasticizer Co., Ltd., Jiangxi East Huge Dragon Chemical Co., Ltd., Jungbunzlauer Suisse AG, Lanxess AG, Matrica S.P.A., OQ Chemicals GmbH, Roquette Freres SA, Solvay S.A., among others.
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Historical & Forecast Period
This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.

Scope of the Report
– To analyze and forecast the market size of the global bio plasticizers market.
– To classify and forecast the global bio plasticizers market based on product, end user, region.
– To identify drivers and challenges for the global bio plasticizers market.
– To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global bio plasticizers market.
– To identify and analyze the profile of leading players operating in the global bio plasticizers market.

Why Choose This Report
– Gain a reliable outlook of the global bio plasticizers market forecasts from 2022 to 2028 across scenarios.
– Identify growth segments for investment.
– Stay ahead of competitors through company profiles and market data.
– The market estimate for ease of analysis across scenarios in Excel format.
– Strategy consulting and research support for three months.
– Print authentication provided for the single-user license.