Bio Plasticizers Market Report 2018-2023 Industry Analysis by Leading Players: Bioamber Inc., DuPont, DOW Chemical Company, Emery Oleochemicals, Evonik Industries, Lanxess AG, Matrìca S.p.A., Myriant Corporation, PolyOne Corporation, and Vertellus Holdin
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Bio plasticizers are additives applied in polymers & other materials to enhance their softness, flexibility, and processability. The main raw materials for these include soybean oil, linseed oil, castor oil, and more. The global bio plasticizers market is segmented based on type, application, and geography. The application segment includes flooring & walls, film & sheet coverings, wires & cables, coated fabrics, consumer goods, and others. The others segment includes medical, inks, waxes, sports related articles, and adhesives & sealants.
Emerging applications of bio plasticizers in various end-user industries and high demand for bio-based & non-phthalate plasticizers in different regions are major factors expected to drive the market growth. However, high cost of these restrain the global bio plasticizer market. Increase in demand for bio plasticizers for certain products, such as personal care cosmetics, toys, food contact materials, health care commodities, and others, are expected to create growth opportunities for various players in the market. Also, R&D on to obtain beneficial and economical bio plasticizers is anticipated to bring great opportunity for the market.
Epoxides and glycerol esters are expected to grow at the highest CAGR throughout the analysis period, due to their remarkable properties including non-toxic nature, high efficiency, improved heat stability, lower volatility, and others. These are employed in automotive, adhesive & sealants, paints & coatings, and other end uses.
In 2015, the epoxide bio plasticizers covered maximum share of the market in terms of revenue followed by sebacatesa castor oil based plasticizer. This trend is expected to be followed during the forecast period as well, owing to the superior properties and ease of availability of these bio plasticizers. Another factor that supports their development is lesser cost compared to other types of bio plasticizers. The main applications employing bio plasticizers include floorings & walls and wires & cables. Moreover, the wires & cables application segment accounted for second largest market share in 2015, and is expected to grow at the CAGR of 2.7% during the forecast period.
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In 2015, Asia-Pacific and LAMEA collectively accounted for more than half of the global bio plasticizers market, with lucrative CAGR and are expected to continue this trend. This is attributed to upsurge in construction & packaging industries, specifically in China, India, Brazil, and other developing economies. Growth in urbanization & industrialization are the main reasons for growth of the bio plasticizers market in Asia-Pacific.
The major companies profiled in the report include Bioamber Inc., DuPont, DOW Chemical Company, Emery Oleochemicals, Evonik Industries, Lanxess AG, Matrca S.p.A., Myriant Corporation, PolyOne Corporation, and Vertellus Holdings LLC.
Table of Content
Chapter: 1 INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS:
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
Chapter: 2 EXECUTIVE SUMMARY
2.1. KEY FINDING OF THE STUDY
2.2. CXO PERSPECTIVE
Chapter: 3 MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top Investment Pockets
3.2.2. Top Winning Strategies
3.3. PORTERS FIVE FORCES ANALYSIS
3.3.1. Bargaining Power of Suppliers
3.3.2. Bargaining Power of Buyers
3.3.3. Threat of Substitution
3.3.4. Threat of New Entrants
3.3.5. Competitive Rivalry
3.4. MARKET DYNAMICS
188.8.131.52. Upsurge in demand for flexible PVC
184.108.40.206. Ban on certain plasticizers
220.127.116.11. Growing Packaging Industry
18.104.22.168. Impact Analysis
22.214.171.124. High cost of bio plasticizers
126.96.36.199. Impact Analysis
188.8.131.52. Ongoing research on Bio-based Plasticizers
184.108.40.206. Growing Demand for Automotive Across the Globe
220.127.116.11. Impact Analysis
3.5. PATENT ANALYSIS
3.5.1. Patent Analysis by Year
3.5.2. Patent Analysis by Region
3.5.3. Patent Analysis by Company
3.6. TOP PLAYER POSITIONING
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