United States Bio Plasticizer Market 2025 | Growth Drivers & Global Investment Opportunities

Market Size and Growth

The Global Bio Plasticizer market to grow at a CAGR Of 7.2% during the forecast period 2024-2031.

Key Development:

✅ In April 2025, Eastman Chemical Company, a leader in bio-based plasticizers, continued to expand its portfolio of sustainable additives, catering to industries such as automotive, medical, and consumer goods.

✅ In April 2025, Kaneka Corporation promoted its Green PlanetTM technology at Expo 2025 Osaka, showcasing a recyclable material produced from biomass and CO2, which biodegrades into CO2 and water in various environments.

✅ In April 2025, Japan's NEDO and AIST developed a new international standard, ISO 16636:2025, for evaluating the biodegradability of marine plastics in real-world environments, aiming to boost market growth and address marine plastic pollution.

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Bio Plasticizer is a naturally derived additive used to improve the flexibility, durability, and processability of polymers and plastics. Sourced from renewable materials such as vegetable oils or starches, it offers an eco-friendly alternative to conventional chemical plasticizers, supporting sustainable manufacturing and reducing environmental impact.

Recent Mergers and Acquisitions

✅ In July 2025, Nova Chemicals was acquired in a $13.4 billion deal, marking one of the largest transactions in the plastics materials sector. This acquisition is expected to enhance the acquirer's capabilities in resin production and expand its market reach.

✅ In June 2025, the plastics industry experienced a surge in M&A activity, with 38 deals recorded, significantly exceeding the 29 deals posted in May. This rebound indicates a strong momentum in the sector, driven by strategic consolidations and investments.

Key Players:

-> Evonik, Matrica S.p.A., OQ Chemicals GmbH, Dow, LCY GROUP, PTT Public Company Limited, Lanxess AG, Avient Corporation, Solvay S.A., Cargill, Incorporated, among others.

Growth Forecast Projected:

The Global Bio Plasticizer Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Bio Plasticizer Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segments:

By Type: Cellulose Acetate, Protein-Based Plastics, Thermoplastic Starch, Polyhydroxyalkanoates, Poly (lactic acid) Plastics, Others

By Product Type: Epoxidized Soybean Oil, Castor Oil-Based Plasticizers, Citrates, Succinic Acid, Others

By Application: Wire & Cables, Film & Sheet, Flooring & Wall Covering, Medical Devices, Package Materials, Others

By End-User: Pharmaceutical, Packaging, Consumer Goods, Automotive & Transport, Building & Construction, Textiles, Agriculture & Horticulture, Others

Regional Analysis for Bio Plasticizer Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among Bio Plasticizer producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze Bio Plasticizer revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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FAQ

Q: What is the growth rate of the Bio Plasticizer Market?

A: The market is projected to expand at a compound annual growth rate (CAGR) of 7.2% during the forecast period from 2024 to 2031.

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