Bio-Plasticizers Market


Global Bio-

Plasticizers Market

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Report Description

Plasticizers are compounds incorporated in a polymer matrix to increase its flexibility and

improve the chemical properties of the plastic product. Addition of a plasticizer can lower

the glass transition temperature, melt viscosity and elastic modulus of the polymer.

Earlier phthalate-based plasticizer represented 85% of the total plasticizers 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: Drivers & Restraints

Report Description

Growth in end user industries in developing nations such as India, China, Brazil etc. are

expected to drive the bio-plasticizers market during the forecasted period. Tight supply of

harmful phthalate such as BBP, DEP, DBP, DOP and increasing consumer awareness are

driving the growth of bio-plasticizers. Ban on phthalate-based plasticizers in consumer

goods, food packaging material and medical products have led to the development of

eco-friendly bio-based plasticizers. Higher cost of bio-plasticizers as compared to

phthalate-based plasticizers is a key challenge faced by bio-plasticizers market. These bioplasticizers,

when used for cable manufacturing, offer various advantages in terms of

electrical and temperature performance as compared to traditional plasticizers.

Bio-Plasticizers Market: Segmentation

On the basis of product type, the global Bio-Plasticizers market is segmented into

Epoxidized Soybean Oil(ESBO)


Castor Oil

Succinic Acid

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On the basis of application, the global Bio-Plasticizers market is segmented into

Package Materials

Report Description

Medical Devices

Consumer Goods

Wire & Cables

Building & Construction


Bio-Plasticizers Market: Region-wise Outlook

Current, North America serves as a largest market for bio-plasticizers due to flourishing

sectors such as medical devices, chemicals and consumer goods. Europe is estimated to

be matured markets. North America and Europe account for a larger share in the market

due to growth in manufacturing and healthcare industry. Various efforts made by

different regulatory authorities to promote environmental friendly products have led to

increase in the demand of bio-plasticizers in developed regions. Middle East & Africa bioplasticizers

market are still at a nascent stage. However, emerging countries such as UAE

and Brazil are expected to have a significant market share in the near future. Asia Pacific

(excluding Japan) is estimated to be the fastest growing market in terms of market share

by value, particularly in medical, wires & cables, and packaging materials applications.

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Bio-Plasticizers Market: Key Players

Report Description

Some of the key market participants in the global Bio-Plasticizers market are The Dow

Chemical Company, Bioamber Inc., Vertellus Specialties Inc., Danisco Us Inc., Solvay S.A.,

Dow Chemical Company, Polyone Corporation, Emery Oleochemicals Llc, Myriant

Corporation, Evonik Industries, Matrica Spa, Lanxess Ag

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