Global Bio Plasticizer Market accounted for USD 1.45 billion in 2017 and is projected to grow at a CAGR of 3.5% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Major Market Competitors: Global Bio Plasticizer Market
Some of the major players in bio plasticizer market The Dow Chemical Company, Evonik Industries, Solvay S.A., Lanxess AG, Polyone, Bioamber Inc., Danisco Us Inc., Emery Oleochemicals LLC, Matrica SPA, Myriant Corporation, Vertellus Specialties Inc., Lanxess Ag, BASF SE, BioAmber Inc., Roquette, OXEA, Mexichem, Vertellus Holdings LLC, Amines & Plasticizers ltd., Eastman Chemical Company, Magnechem, Hallstar, Tarkett, GFBiochemicals Ltd., Central Plastics Inc., Chemceed, Biolanic, Bio-based Industries Consortium, WinGram Industrial Co., Ltd., INNUA and many more.
Major Market Drivers:
Stringent norms & regulations
High demand for PVC in various application
Growing demand in developing countries
Bio plasticizers help in reducing carbon footprint
High cost of bio plasticizers
Environmental guidelines, protocols, and blending policies
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Market Segmentation: Global Bio Plasticizer Market
The bio plasticizer market is segmented on the basis of type into epoxidized soybean oil (ESBO), castor oil-based plasticizers, citrates, succinic acid and others.
The bio plasticizer market is segmented on the basis of application into packaging materials, consumer goods, automotive & transport, building & construction, textiles, agriculture & horticulture and others.
On the basis of geography, the bio plasticizer market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
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Competitive Landscape: Global Bio Plasticizer Market
The global bio plasticizer market is fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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