Bio Plasticizers Market Key Players- Dow Chemical Company, Bioamber Inc., Vertellus Specialties Inc., Danisco Us Inc., Solvay S.A., Polyone Corporation

Bio Plasticizers Market - Overview
Bio Plasticizers, are basically plant based Plasticizers which are generally used in the plastics manufacturing to enhance process by reducing rigidity and to bring elasticity to the product. There are various bio-based plasticizers available based on citric acid, castor oil and stearic acid. The Global Bio Plasticizers Market is growing with the rapid pace mainly due to the burgeoning Plastic Industry owing to the augmented use of plastic and PVC material.

Considering the prominence Bio Plasticizers Market is gaining recently and the potential growth the market is demonstrating currently, the Market Research Future has published a brilliant study report putting out the Bio Plasticizers market prognosis, according to which in 2016, Bio Plasticizers Market had valued USD 908 Million, which will get escalated to USD 1,900 million by 2022 registering a CAGR of 10.02% during 2016 to 2022.

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.

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Bio Plasticizers Market - Competitive Analysis
The global Market of Bio Plasticizers appears to be highly competitive and fragmented. Many large and small key players operating in the market are churning the competition to gain competitive advantage. To sustain their market position these players incorporate acquisition, collaboration, partnership, expansion, and technology launch. The Market demonstrates high growth potential which is likely to attract several new entrants in the market. Further resulting in intensified completion. Top players are investing heavily in R&D. Manufacturers operating in the Bio Plasticizers Market strive to deliver the best quality, Phthalate-free plasticizers made from nearly 100% renewable feedstock.

U.S. and European manufacturers have developed Phthalate and lead free Bio Plasticizers by replacing lead and cadmium stabilizers with calcium-zinc, barium-zinc, and organotin stabilizers in most applications. The PVC manufactured using such - Phthalate and lead free Bio plasticizers is up to 40% less toxic than the conventionally manufactured PVC that makes use of phthalates. Such Phthalate free products are also providing opportunities for cable-makers and building industry end-users to achieve carbon credits in line with the U.S. Green Building Council’s LEED certification Rating Systems. LEED stands for Leadership in Energy and Environmental Design.

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.

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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)
Table 6 RoW Bio Plasticizers Market: By Country, 2014-2022 (USD Million)
Table 7 Global Bio Plasticizers By Type Market: By Regions, 2014-2022 (USD Million)
Table 8 North America Bio Plasticizers By Type Market: By Country, 2014-2022
Table 9 Europe Bio Plasticizers By Type Market: By Country, 2014-2022 (USD Million)
Table 10 Asia-Pacific Bio Plasticizers By Type Market: By Country, 2014-2022 (USD Million)
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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 %)
Figure 6 Global Bio Plasticizers Market, 2015-2022, (Usd Billion)
Figure 7 Sub-Segments Of Applications
Figure 8 Global Bio Plasticizers Market Size By Application, 2015
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