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Bio-plasticizers Market to Expand to 650.94 Kilotons by 2031 | Citrates, ESBO, and Castor Oil Drive Industry Trends | Says Mordor Intelligence
Bio-plasticizers Market Size & Share | Mordor Intelligence
The global Bio-plasticizers Market is expected to expand steadily from an estimated 478.92 kilotons in 2026 to 650.94 kilotons by 2031, reflecting a CAGR of 6.33%.
Get expert-backed research and strategic insights with complete analysis here - https://www.mordorintelligence.com/industry-reports/bio-plasticizers-market?utm_source=openpr
Bio-plasticizers Market Driving Factors
Regulatory Push Against Phthalates: Stringent restrictions on phthalates in the U.S., Europe, and Asia have accelerated the adoption of bio-plasticizers. The U.S. EPA's ban on eight phthalates in consumer goods, Europe's REACH updates, and Japan's limits on phthalate migration in food-contact films are driving brand owners to switch to citrate esters and epoxidized soybean oil (ESBO).
Expansion of Wire and Cable Applications: Wire and cable insulation represents a major segment, particularly in Asia-Pacific, where utilities are modernizing grids to meet low-smoke, halogen-free standards. Epoxidized soybean oil is increasingly preferred due to its flame-retardant properties, while citrates and ESBO satisfy bio-content disclosure requirements in Southeast Asia.
Growth of Sustainable Packaging: Packaging is emerging as a key driver for Bio-plasticizers Market Growth. European Union regulations now require bio-content in flexible films, prompting companies like Mondi and Amcor to adopt bio-plasticizers in food, pharmaceutical, and medical-device packaging. The USDA BioPreferred program in the U.S. also supports renewable content adoption.
Performance Challenges in High-Temperature Applications: Citrate esters and ESBO show limitations above 120°C in automotive powertrain components, prompting hybrid solutions and dual-specification approaches in OEMs, especially for electric vehicles.
Bio-plasticizers Market Segmentation
By Product Type:
Epoxidized Soybean Oil (ESBO)
Castor Oil
Citrates
Succinic Acid
Other Types (Itaconic Acid, etc.)
By Raw-Material Source:
Plant Oils
Organic Acids and Anhydrides
Glycerol Esters
Others (Lignin-Based Compounds, etc.)
By Application:
Wire and Cable
Film and Sheet
Flooring, Roofing, and Wall-Covering
Medical Devices
Consumer Goods
Other Applications (Automotive Interior Parts, etc.)
By End-User Industry:
Packaging
Building and Construction
Healthcare
Electrical and Electronics
Automotive
Consumer Products
Others (Textile, Footwear, etc.)
By Geography:
Asia-Pacific
North America
Europe
South America
Middle-East and Africa
Explore Our Full Library of Chemicals & Materials Research Reports - https://www.mordorintelligence.com/market-analysis/chemicals-materials?utm_source=openpr
Key Players in the Bio-plasticizers Industry
BASF SE - ISCC PLUS-certified biomass-balanced grades
Cargill, Incorporated - vertically integrated soybean supply
Evonik Industries AG - advanced plasticizer solutions for pharmaceutical applications
Avient Corporation - specialized bio-plasticizers for automotive and medical devices
Perstorp - high-performance bio-succinic and citrate-based solutions
Conclusion
The Bio-plasticizers Market is set for steady growth through 2031, led by Asia-Pacific and supported by regulatory compliance, sustainable packaging, and adoption in automotive and medical sectors. Specialty chemistries like succinic-acid and lignin-based compounds, phthalate-free demand, and government incentives are driving expansion.
For more insights on Bio-plasticizers Market, please visit the Mordor Intelligence Page: https://www.mordorintelligence.com/industry-reports/bio-plasticizers-market?utm_source=openpr
Industry Related Reports:
Bio-degradable Polymers Market
The Bio-degradable Polymers Market is estimated at 1.08 million tons in 2026 and is projected to reach 2.35 million tons by 2031, growing at a CAGR of 16.78%. Growth is driven by rising environmental awareness, government regulations on plastic waste, and increasing adoption in packaging, agriculture, and consumer goods applications.
https://www.mordorintelligence.com/industry-reports/bio-degradable-polymers-market?utm_source=openpr
Bioplastics Market
The Bioplastics Market is expected to grow from 2.78 million tons in 2026 to 6.18 million tons by 2031 at a CAGR of 17.33%. Expansion is supported by sustainable packaging demand, regulatory incentives for renewable materials, and rising adoption in consumer goods, automotive, and food-service industries.
https://www.mordorintelligence.com/industry-reports/bioplastics-market?utm_source=openpr
Engineering Plastics Market
The Engineering Plastics Market was valued at 62.25 million tons in 2025 and is forecasted to reach 83.54 million tons by 2031, at a CAGR of 5.03%. Growth is fueled by increasing demand in automotive, electrical and electronics, and industrial applications due to their high strength, thermal stability, and durability.
https://www.mordorintelligence.com/industry-reports/engineering-plastics-market?utm_source=openpr
For any inquiries or to access the full report, please contact:
media@mordorintelligence.com
https://www.mordorintelligence.com/
Mordor Intelligence, 11th Floor, Rajapushpa Summit, Nanakramguda Rd, Financial District, Gachibowli, Hyderabad, Telangana - 500032, India.
About Mordor Intelligence:
Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals.
With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape. This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics.
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