Global Bio Plasticizers Market will cross USD 1,900 Million Mark by 2022

Market Highlights
Plasticizer are compounds incorporated in a polymer matrix to increase its flexibility and improve the chemical properties of plastic product. Earlier phthalate based plasticizer represented about 85% of the total plasticizer market. However, stringent government regulations and rising health concerns of the consumers, stimulated the demand of bio-plasticizers. In order to assure sustainability, end users are looking for safe, bio-degradable and non-phthalate-based plasticizers.
Bio-based plasticizers are widely used as additives in PVCs. They are used in PVC resins, PVC cables, vinyl flooring, wire jacketing, automobile parts etc. The use of bio-plasticizers for wire applications can enable cable manufacturers and original equipment manufacturers (OEMs) reduce carbon gas emission by up to 40%. Also, plasticizers are the most commonly used additives used in plastic industries. Bio-based plasticizers are produced from vegetable raw materials and are used as an alternative of petroleum based plasticizers. The raw material used for production of bio-plasticizers are castor oil, soybean oil, palm oil and starch. Epoxidized Soybean Oil (ESBO) are the most commonly used bio-plasticizer. ESBO is manufactured from soybean oil through a process of epoxidation. ESBO is one of the most preferred additives in PVC gasket used particularly in food packaging.

Bio plasticizers Market is expected to grow with the CAGR 10.02 % of more than from 2016 to 2022, and with this it is predictable to cross USD 1,900 Million by 2022

North America has dominated Bio Plasticizers Market in 2016
North America will be the ruling market for global bio plasticizers, anticipated to witness highest CAGR. The market has been growing due to various growing manufacturing sector namely, medical devices, chemicals and consumer goods. Europe and North America accounted for largest share in 2016 due to stringent regulation in various developed countries have led to boost the market for bio plasticizer.
Middle East and Africa bio plasticizers market are at the potential stage. Asia-Pacific are one of the fastest growing market specifically, china, India, south-Korea, with rise in development of emerging economies can cause countries like China, India, to contribute more amount of share in this market., it is projected to grow at the highest CAGR from 2015 to 2022.

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Key Players
The key players in market includes
• The Dow Chemical Company,
• Bioamber Inc.,
• Vertellus Specialties Inc.,
• Danisco Us Inc.,
• Solvay S.A.,
• Polyone Corporation,
• Emery Oleochemicals Llc,
• Myriant Corporation,
• Evonik Industries,
• Matrica Spa, Lanxess Ag
• others.

Segment analysis:
Bio plasticizers market as type and application is segmented into by type: ESBO, Citrates, Castor oil, succinic acid and others and by application packaging materials, medical devices, consumer goods, wires & cables, building & construction & others. Bio plasticizers such as ESBO, and castor oil-based, are anticipated to have high demand in their respective applications. ESBO was one of the majorly consumed plasticizer in 2016. The key driver for bio plasticizer are increasing demand in developing countries coupled with growing manufacturer’s preference for phthalate free plasticizer in end-use products. However the higher cost of bio plasticizer is the major roadblock for the growth of the bio plasticizer market.

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Table of Contents
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure

3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model

4 Market Landscape
4.1 Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.2 Value Chain/Supply Chain Of Global Bio Plasticizers Market
5 Industry Overview Of Global Bio Plasticizers Market
Continue…..

List of Tables
Table 1 World Population By Major Regions (2015 To 2030) (Million)
Table 2 Global Bio Plasticizers Market: By Region, 2014-2022 (USD Million)
Table 3 North America Bio Plasticizers Market: By Country, 2014-2022 (USD Million)
Table 4 Europe Bio Plasticizers Market: By Country, 2014-2022 (USD Million)
Table 5 Asia-Pacific Bio Plasticizers Market: By Country, 2014-2022 (USD Million)
Continue……..

List of Figures
Figure 1 Global Bio Plasticizers Market Segmentation
Figure 2 Forecast Methodology
Figure 3 Five Forces Analysis Of Global Bio Plasticizers Market
Figure 4 Value Chain Of Global Bio Plasticizers Market
Figure 5 Share Of Global Bio Plasticizers Market In 2014, By Country (In %)
Continue…….

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