Global Bio Plasticizers Market, By Product (Epoxidized Soybean Oil (ESBO), Castor Oil-Based Plasticizers, Citrates, Succinic Acid, Others), By Application (Packaging Materials, Consumer Goods, Automotive & Transport, Building & Construction, Textiles, Agriculture & horticulture, Others), and opportunities and forecast 2020-2027
Covid-19 Impact on Bio Plasticizers Market:
The ongoing COVID-19 pandemic conditions have severely affected every sector around the world. Whereas, the chemicals and materials sectors were moderately affected during the pandemic. This is primarily due to the uncut demand for chemicals for healthcare, life science, and cleaning agents. However, other elements of chemical and material sectors such as paints, industrial oil, construction materials are facing diminution in demand. Strict lockdown resulted in a nearly 50-60% reduction in supply for raw materials, which directly affected the manufacturing process. Further, halt on many end-use industries directly affected the chemical demand all around the world.
Bio Plasticizers Market Overview
Global Bio Plasticizers Market is projected to witness significant growth due to rising awareness about the health risks of conventionally used plasticizers, such as phthalates. Phthalates are soluble in organic solvents such as saliva, hence they become dangerous when used in objects. Eventually, they are very hazardous for both children and adults. Therefore, polymers treated with bio plasticizers used in several applications, including food packaging and medical products. This key fact remarkably contributing to the growth of the market.
Additionally, bio plasticizers have the largest demand in medical devices, packaging materials, and consumer goods. Also, the use of bio plasticizers in widely popular polymers such as PVC and the continuous development of safer and more effective bio plasticizers has improved the market for polymers such as PVC. These major factors are hugely boosting the growth of the market.
On the downside, the high cost of raw materials used to produce bio plasticizers is hampering the growth of the market. Besides this, rising research & development activities, increasing application of bio plasticizers in developing countries, and inclination towards sustainable development are projected to create gainful opportunities for the Global Bio Plasticizers Market’s expansion in the next few years.
Bio Plasticizers Market Segment Overview
Based on the product, the Epoxidized Soybean Oil (ESBO) segment is occupying the maximum market share. ESBO is manufactured from soybean oil through the process of epoxidation. ESBO is one of the additives in the PVC gasket. ESBO is also used in PVC cling films for wrapping foods and toys. Moreover, the building & construction application segment is expected to show significant growth in the market. Bio-plasticizers are broadly utilized for thermal insulation panels, architectural molds & sculptures, and other construction materials including bonding agents, adhesives, sealants, flooring, and roofing supplies.
Bio Plasticizers Market Regional Overview
Region-wise, North America and Europe are the major markets for bio plasticizers. Some crucial factors such as steady government support to environment-friendly initiatives, technological development of medical devices, and continued expansion of consumer goods industries are remarkably driving the growth of the market in these regions. Likewise, the developing regions such as the Asia Pacific and the Middle East will also be lucrative markets over the forecast period. This is due to the increasing demand for consumer goods, medical materials, and wires and cables in these regions.
Bio Plasticizers Market, Key Players
· Dow Chemical Company · Danisco Inc. · Emery Oleochemicals LLC · Solvay S.A. · Evonik Industries · Vertellus Specialties Inc. · Bioamber Inc. · Myriant Corporation · Lanxess AG · Matrica S.P.A. · Polyone Corporation
· Packaging Materials · Consumer Goods · Automotive & transport · Building & Construction · Textiles · Agriculture & horticulture · Others
Global Bio Plasticizers Market, By Region:
North America
US
Canada
Europe
UK
Germany
France
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
India
Australia
South Korea
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Middle East and Africa
GCC
South Africa
Rest of Middle East and Africa
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1. Key Emerging Trends – For Major Countries
4.2. Latest Technological Advancement
4.3. Regulatory Landscape
4.4. Industry SWOT Analysis
4.5. Porters Five Forces Analysis
5. Global Bio Plasticizers Market Analysis (USD Billion), Insights and Forecast, 2020-2027
5.1. Key Findings / Summary
5.2. Market Analysis, Insights and Forecast – By Product
5.2.1. Epoxidized Soybean Oil (ESBO)
5.2.2. Castor Oil-Based Plasticizers
5.2.3. Citrates
5.2.4. Succinic Acid
5.2.5. Others
5.3. Market Analysis, Insights and Forecast – By Application
5.3.1. Packaging Materials
5.3.2. Consumer Goods
5.3.3. Automotive & transport
5.3.4. Building & construction
5.3.5. Textiles
5.3.6. Agriculture & horticulture
5.3.7. Others
5.4. Market Analysis, Insights and Forecast – By Region
5.4.1. North America
5.4.2. Latin America
5.4.3. Europe
5.4.4. Asia Pacific
5.4.5. Middle East and Africa
6. North America Bio Plasticizers Market Analysis (USD Billion), Insights and Forecast, 2020-2027
6.1. Key Findings / Summary
6.2. Market Analysis, Insights and Forecast – By Product
6.2.1. Epoxidized Soybean Oil (ESBO)
6.2.2. Castor Oil-Based Plasticizers
6.2.3. Citrates
6.2.4. Succinic Acid
6.2.5. Others
6.3. Market Analysis, Insights and Forecast – By Application
6.3.1. Packaging Materials
6.3.2. Consumer Goods
6.3.3. Automotive & transport
6.3.4. Building & construction
6.3.5. Textiles
6.3.6. Agriculture & horticulture
6.3.7. Others
6.4. Market Analysis, Insights and Forecast – By Country
6.4.1. U.S.
6.4.2. Canada
7. Latin America Bio Plasticizers Market Analysis (USD Billion), Insights and Forecast, 2020-2027
7.1. Key Findings / Summary
7.2. Market Analysis, Insights and Forecast – By Product
7.2.1. Epoxidized Soybean Oil (ESBO)
7.2.2. Castor Oil-Based Plasticizers
7.2.3. Citrates
7.2.4. Succinic Acid
7.2.5. Others
7.3. Market Analysis, Insights and Forecast – By Application
7.3.1. Packaging Materials
7.3.2. Consumer Goods
7.3.3. Automotive & transport
7.3.4. Building & construction
7.3.5. Textiles
7.3.6. Agriculture & horticulture
7.3.7. Others
7.4. Market Analysis, Insights and Forecast – By Country
7.4.1. Brazil
7.4.2. Mexico
7.4.3. Rest of Latin America
8. Europe Bio Plasticizers Market Analysis (USD Billion), Insights and Forecast, 2020-2027
8.1. Key Findings / Summary
8.2. Market Analysis, Insights and Forecast – By Product
8.2.1. Epoxidized Soybean Oil (ESBO)
8.2.2. Castor Oil-Based Plasticizers
8.2.3. Citrates
8.2.4. Succinic Acid
8.2.5. Others
8.3. Market Analysis, Insights and Forecast – By Application
8.3.1. Packaging Materials
8.3.2. Consumer Goods
8.3.3. Automotive & transport
8.3.4. Building & construction
8.3.5. Textiles
8.3.6. Agriculture & horticulture
8.3.7. Others
8.4. Market Analysis, Insights and Forecast – By Country
8.4.1. UK
8.4.2. Germany
8.4.3. France
8.4.4. Italy
8.4.5. Spain
8.4.6. Russia
8.4.7. Rest of Europe
9. Asia Pacific Bio Plasticizers Market Analysis (USD Billion), Insights and Forecast, 2020-2027
9.1. Key Findings / Summary
9.2. Market Analysis, Insights and Forecast – By Product
9.2.1. Epoxidized Soybean Oil (ESBO)
9.2.2. Castor Oil-Based Plasticizers
9.2.3. Citrates
9.2.4. Succinic Acid
9.2.5. Others
9.3. Market Analysis, Insights and Forecast – By Application
9.3.1. Packaging Materials
9.3.2. Consumer Goods
9.3.3. Automotive & transport
9.3.4. Building & construction
9.3.5. Textiles
9.3.6. Agriculture & horticulture
9.3.7. Others
9.4. Market Analysis, Insights and Forecast – By Country
9.4.1. China
9.4.2. India
9.4.3. Japan
9.4.4. Australia
9.4.5. South East Asia
9.4.6. Rest of Asia Pacific
10. Middle East & Africa Bio Plasticizers Market Analysis (USD Billion), Insights and Forecast, 2020-2027
10.1. Key Findings / Summary
10.2. Market Analysis, Insights and Forecast – By Product
10.2.1. Epoxidized Soybean Oil (ESBO)
10.2.2. Castor Oil-Based Plasticizers
10.2.3. Citrates
10.2.4. Succinic Acid
10.2.5. Others
10.3. Market Analysis, Insights and Forecast – By Application
10.3.1. Packaging Materials
10.3.2. Consumer Goods
10.3.3. Automotive & transport
10.3.4. Building & construction
10.3.5. Textiles
10.3.6. Agriculture & horticulture
10.3.7. Others
10.4. Market Analysis, Insights and Forecast – By Country
10.4.1. GCC
10.4.2. South Africa
10.4.3. Rest of Middle East & Africa
11. Competitive Analysis
11.1. Company Market Share Analysis, 2018
11.2. Key Industry Developments
11.3. Company Profile
11.4. Dow Chemical Company
11.4.1. Business Overview
11.4.2. Segment 1 & Service Offering
11.4.3. Overall Revenue
11.4.4. Geographic Presence
11.4.5. Recent Development
*Similar details will be provided for the following companies
11.5. Danisco Inc.
11.6. Emery Oleochemicals LLC
11.7. Solvay S.A.
11.8. Evonik Industries
11.9. Vertellus Specialties Inc.
11.10. Bioamber Inc.
11.11. Myriant Corporation
11.12. Lanxess AG
11.13. Matrica S.P.A.
List of Figures
Figure 1: Global Bio Plasticizers Market Revenue Breakdown (USD Billion, %) by Region, 2019 & 2027
Figure 2: Global Market Value Share (%), By Segment 1, 2019 & 2027
Figure 3: Global Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 4: Global Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 5: Global Market Value Share (%), By Segment 2, 2019 & 2027
Figure 6: Global Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 7: Global Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 8: Global Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 9: Global Bio Plasticizers Market Forecast (USD Billion), by Others, 2016-2027
Figure 10: Global Market Value Share (%), By Segment 3, 2019 & 2027
Figure 11: Global Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 12: Global Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 13: Global Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 14: Global Market Forecast (USD Billion), by Others, 2016-2027
Figure 15: Global Market Value (USD Billion), by Region, 2019 & 2027
Figure 16: North America Bio Plasticizers Market Value Share (%), By Segment 1, 2019 & 2027
Figure 17: North America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 18: North America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 19: North America Market Value Share (%), By Segment 2, 2019 & 2027
Figure 20: North America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 21: North America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 22: North America Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 23: North America Market Forecast (USD Billion), by Others, 2016-2027
Figure 24: North America Market Value Share (%), By Segment 3, 2019 & 2027
Figure 25: North America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 26: North America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 27: North America Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 28: North America Market Forecast (USD Billion), by Others, 2016-2027
Figure 29: North America Market Forecast (USD Billion), by U.S., 2016-2027
Figure 30: North America Market Forecast (USD Billion), by Canada, 2016-2027
Figure 31: Latin America Bio Plasticizers Market Value Share (%), By Segment 1, 2019 & 2027
Figure 32: Latin America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 33: Latin America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 34: Latin America Market Value Share (%), By Segment 2, 2019 & 2027
Figure 35: Latin America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 36: Latin America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 37: Latin America Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 38: Latin America Market Forecast (USD Billion), by Others, 2016-2027
Figure 39: Latin America Market Value Share (%), By Segment 3, 2019 & 2027
Figure 40: Latin America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 41: Latin America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 42: Latin America Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 43: Latin America Market Forecast (USD Billion), by Others, 2016-2027
Figure 44: Latin America Market Forecast (USD Billion), by Brazil, 2016-2027
Figure 45: Latin America Market Forecast (USD Billion), by Mexico, 2016-2027
Figure 46: Latin America Market Forecast (USD Billion), by Rest of Latin America, 2016-2027
Figure 47: Europe Bio Plasticizers Market Value Share (%), By Segment 1, 2019 & 2027
Figure 48: Europe Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 49: Europe Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 50: Europe Market Value Share (%), By Segment 2, 2019 & 2027
Figure 51: Europe Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 52: Europe Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 53: Europe Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 54: Europe Market Forecast (USD Billion), by Others, 2016-2027
Figure 55: Europe Market Value Share (%), By Segment 3, 2019 & 2027
Figure 56: Europe Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 57: Europe Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 58: Europe Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 59: Europe Market Forecast (USD Billion), by Others, 2016-2027
Figure 60: Europe Market Forecast (USD Billion), by U.K., 2016-2027
Figure 61: Europe Market Forecast (USD Billion), by Germany, 2016-2027
Figure 62: Europe Market Forecast (USD Billion), by France, 2016-2027
Figure 63: Europe Market Forecast (USD Billion), by Italy, 2016-2027
Figure 64: Europe Market Forecast (USD Billion), by Spain, 2016-2027
Figure 65: Europe Market Forecast (USD Billion), by Russia, 2016-2027
Figure 66: Europe Market Forecast (USD Billion), by Rest of Europe, 2016-2027
Figure 67: Asia Pacific Bio Plasticizers Market Value Share (%), By Segment 1, 2019 & 2027
Figure 68: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 69: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 70: Asia Pacific Market Value Share (%), By Segment 2, 2019 & 2027
Figure 71: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 72: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 73: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 74: Asia Pacific Market Forecast (USD Billion), by Others, 2016-2027
Figure 75: Asia Pacific Market Value Share (%), By Segment 3, 2019 & 2027
Figure 76: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 77: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 78: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 79: Asia Pacific Market Forecast (USD Billion), by Others, 2016-2027
Figure 80: Asia Pacific Market Forecast (USD Billion), by China, 2016-2027
Figure 81: Asia Pacific Market Forecast (USD Billion), by India, 2016-2027
Figure 82: Asia Pacific Market Forecast (USD Billion), by Japan, 2016-2027
Figure 83: Asia Pacific Market Forecast (USD Billion), by Australia, 2016-2027
Figure 84: Asia Pacific Market Forecast (USD Billion), by Southeast Asia, 2016-2027
Figure 85: Asia Pacific Market Forecast (USD Billion), by Rest of Asia Pacific, 2016-2027
Figure 86: Middle East & Africa Bio Plasticizers Market Value Share (%), By Segment 1, 2019 & 2027
Figure 87: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 88: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 89: Middle East & Africa Market Value Share (%), By Segment 2, 2019 & 2027
Figure 90: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 91: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 92: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 93: Middle East & Africa Market Forecast (USD Billion), by Others, 2016-2027
Figure 94: Middle East & Africa Market Value Share (%), By Segment 3, 2019 & 2027
Figure 95: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 96: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 97: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 98: Middle East & Africa Market Forecast (USD Billion), by Others, 2016-2027
Figure 99: Middle East & Africa Market Forecast (USD Billion), by GCC, 2016-2027
Figure 100: Middle East & Africa Market Forecast (USD Billion), by South Africa, 2016-2027
Figure 101: Middle East & Africa Market Forecast (USD Billion), by Rest of Middle East & Africa, 2016-2027
List of Tables
Table 1: Global Bio Plasticizers Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 2: Global Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 3: Global Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 4: Global Market Revenue (USD Billion) Forecast, by Region, 2016-2027
Table 5: North America Bio Plasticizers Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 6: North America Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 7: North America Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 8: North America Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 9: Europe Bio Plasticizers Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 10: Europe Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 11: Europe Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 12: Europe Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 13: Latin America Bio Plasticizers Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 14: Latin America Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 15: Latin America Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 16: Latin America Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 17: Asia Pacific Bio Plasticizers Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 18: Asia Pacific Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 19: Asia Pacific Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 20: Asia Pacific Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 21: Middle East & Africa Bio Plasticizers Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 22: Middle East & Africa Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 23: Middle East & Africa Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 24: Middle East & Africa Market Revenue (USD Billion) Forecast, by Country, 2016-2027
