DUBLIN--(BUSINESS WIRE)--The "Bio Plasticizers Market Analysis By Product Type (Citrates, Castor Oil, ESBO, Succinic Acid), By Application (Packaging, Consumer Goods, Automotive, Construction, Textiles), And Segment Forecasts, 2014 - 2025" report has been added to Research and Markets' offering.
The global bio plasticizers market is anticipated to reach USD 2.68 billion by 2025
The growing demand for bio-based plastic additives as the replacement for phthalate-based polymers across various industries such as automotive, packaging and agriculture, and consumer goods is expected to boost the industry growth in the coming years.
The industry's growth criticality lies on technology advancements, since ever increasing requirement from various end-use sectors regarding product specification and versatility tends to overshadow petrochemical additives consumption dynamics. Further, factors such as production process, socio-political events, and feedstock availability have a significant impact on industry trends.
Bio-plasticizers are widely utilized for thermal insulation panels, architectural molds & sculptures, and other construction materials including bonding agents, adhesives, sealants, flooring, and roofing supplies. However, in comparison with other applications, building & construction market is considered to be a mature segment. It is anticipated to grow at a relatively higher rate of other applications.
Global companies such as Dow Chemical Company, BASF SE, Myriant Corporation, PolyOne Corporation, BioAmber Inc. and Evonik Industries are involved in an integrated value chain, from raw material processing and plasticizer production to distribution of finished products to customers. This enables companies to reduce raw material procurement costs and also diversify their operations into various industries that are served by the raw materials such as packaging, consumer goods, medical, and pharmaceutical.
Epoxidized soybean oil (ESBO) was the dominant product segment and are projected to grow at an estimated CAGR of 8.8% from 2017 to 2025.
The major global companies including PolyOne Corporation, Dow Chemical Company, BASF SE, Myriant Corporation, Bioamber Inc. and Evonik Industries held the maximum share of the total market value in 2016
Key Topics Covered:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Bio-plasticizers materials Industry Outlook
Chapter 4. Bio-plasticizers Market: Product Outlook
Chapter 5. Bio-plasticizers Market: Application Outlook
Chapter 6. Bio-plasticizers Market: Regional Outlook
Chapter 7. Competitive Landscape
Chapter 8. Company Profiles
- The Dow Chemical Company
- Evonik Industries AG
- Solvay S.A.
- PolyOne Corporation
- BioAmber Inc.
- Danisco US Inc.
- Emery Oleochemicals LLC
- Myriant Corporation
- Lanxess AG
- BASF SE
For more information about this report visit https://www.researchandmarkets.com/research/26wmld/bio_plasticizers