Press release
Growth bar in Bio Plasticizers industry increases as new technology emerge
Bio Plasticizers Market
Global Bio Plasticizers Market was valued at $1,364 million in 2015, and is expected to reach $1,709 million by 2022, registering a CAGR of 3.3% from 2016 to 2022. Bio plasticizers are polymer additives meant for improving flexibility, softness, workability, and volatility of the plasticized materials. These are based on renewable resources and produced from vegetable raw materials such as soybean, palm, castor oil, citrates, stearic acid, and starch. They may be internal or external based on the kind of modifications done to the materials to which they are added.
Bio plasticizers are available as different types in market among which epoxides and castor oil based types (sebacates & glycerol esters) are highly adopted. They can replace phthalates in toys, food packaging, medical devices, and personal care products as phthalates are banned by different government in these commodities.
Rise in demand for flexible PVC in different applications, ban imposed on certain plasticizers, and growth in number of packaging industries drive the global bio plasticizers market. Asia-Pacific dominates the market, in terms of volume & growth, due to massive demand and production in China as well as high developing rate of the market in India & other countries. High pricing of bio plasticizers is expected to limit the market growth during the forecast period. Continuous innovation in bio plasticizers resulting in generation of its superior form with lesser cost and R&D activities for producing new applications by different market players are projected to provide numerous opportunities for development of the bio plasticizers market.
Save Upto 15% on this Report @ https://www.researchbeam.com/bio-plasticizers-market/purchase-enquiry
The global bio plasticizer market is segmented based on type, application, and geography. Based on type, the market is categorized into epoxides, sebacates, succinic acid, citrates, glycerol esters, and others. According to application, it is divided into flooring & wall, film & sheet coverings, wires & cables, coated fabrics, consumer goods, and others (medical, sports, & adhesive & sealants applications). Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The global increment in economic growth rate is expected to lead to increase in the disposable income and improvement in lifestyle, facilitating luxuries of the population. This in turn is estimated to result in increase in sales for end-use commodities of bio plasticizers, such as cars, electronic equipment, packaged food, toys, personal care products, and others.
Porters Five Forces Analysis
The bio plasticizer market consists of its different types, with epoxides segment occupying the maximum market share. Thus, several types of raw materials such as linseed oil, soybean oil, castor oil, starch, and others are utilized for manufacturing bio plasticizers. The aforementioned facts indicate prevalence of high product differentiation in the bio plasticizers industry leading to high switching cost. Presence of large number of domestic and international raw material suppliers lowers their bargaining power. The threat of forward integration from suppliers is moderate in the market, as there are few players who supply raw materials and process it for end use in the industry. Thus, considering these factors, the bargaining power of suppliers is high and is expected to remain the same during the forecast period.
Asia-Pacific leads the market, accounting for more than half of the global bio plasticizers market share, both in terms of value and volume, and is expected to retain its position ahead as well, owing to high growth rate of end-use industries. Asia-Pacific is the fastest growing region, with highest CAGR, in terms of both value and volume. Furthermore, the market is analyzed on country level as well.
Get the sample PDF Brochure of market study @ https://www.researchbeam.com/bio-plasticizers-market/request-sample
Australia of Asia-Pacific bio plasticizers market accounted for $14 million revenue in 2015, and is expected to reach $18 million by 2022, growing at a CAGR of 3.7%.
Key leading players operating in bio plasticizers industry are Bioamber Inc., DuPont, DOW Chemical Company, Emery Oleochemicals, Evonik Industries, Lanxess AG, Matrìca S.p.A., Myriant Corporation, PolyOne Corporation, and Vertellus Holdings LLC.
Other players in the value chain include Galata Chemicals, ROQUETTE, Jungbunzlauer Suisse AG, OXEA GmbH, Proviron, Jiangxi East Huge Dragon Chemical Co., Ltd., Hebei Jingu Plasticizer Co., Ltd., Jiangxi East Huge Dragon Chemical Co., Ltd., Suzhou Sunbo Chemical Building Materials Co., Ltd., and Binzhou Chengli Building Materials Co., Ltd.
Key Benefits for Stakeholders
The report offers extensive bio plasticizers market analysis of the factors that drive as well as restrain the growth.
Market projections are included along with the impacting factors from 2014 to 2022.
The report also provides quantitative as well as qualitative trends to assist the stakeholders understand the market scenario.
In-depth analysis of the key market segments demonstrate the consumption of bio plasticizers in varied applications across different end-user industries.
Winning strategies segment highlights the business practices adopted by leading players across various geographies.
Bio Plasticizers Market Key Segments
By Type
Epoxides
Sebacates
Succinic Acid
Citrates
Glycerol Esters
Others
By Application
Flooring & Wall
Film & Sheet Coverings
Wires & Cables
Coated Fabrics
Consumer Goods
Others
By Geography
North America
U.S.
Mexico
Canada
Europe
UK
Germany
France
Italy
Spain
Russia
Poland
Rest of Europe
Asia-Pacific
China
Japan
India
Korea
Australia
Taiwan
Thailand
Indonesia
Rest of Asia-Pacific
LAMEA
UAE
Brazil
South Africa
KSA
Rest of LAMEA
About Us
It is crucial for market players to take leaps strategically and update themselves with recent trends, opportunities, and emerging investment pockets. We, at “Research Beam”, adhere to these factors and offer a wide range of reports that are detailed and enable our clients to achieve their goals with long term planning coupled with competitive advantage.
Our database includes a broad array of various market reports from numerous publishers across the globe. These reports of several market categories and sub-categories help our clients to find the exact report they are looking for. We are instrumental to provide quantitative and qualitative insights in their area of interest and bring reports from various publishers under one umbrella to save their time and money. Our clients across the world are gaining profits from the information given in the reports sourced by us.
Contact Us
5933 NE Win Sivers Drive,
#205, Portland, OR 97220
United States
Toll Free: +1 (800) 910-6452
Int'l: +1-971-202-1575
help@researchbeam.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Growth bar in Bio Plasticizers industry increases as new technology emerge here
News-ID: 896797 • Views: …
More Releases from Research Beam Market
Blood Plasma Derivatives Market Growing With $44,333 Million At A CAGR of 9.3% F …
Blood plasma is liquid component of blood where the blood cells are suspended. It contains dissolved proteins (albumins, globulins, and fibrinogen), clotting factors, hormones, and electrolytes. Plasma maintains the blood pressure and helps in exchange of important minerals such as sodium and potassium to maintain the pH balance in the body. Plasma derivatives are products that are manufactured from human plasma by plasma fractionation techniques. These derivatives include albumin, factor…
Holter ECG Monitoring Market Growing $418.3 Million By 2023
Holter monitors are devices that allow prolonged monitoring of heart rhythm from a few days to several months, enabling the detection of infrequent arrhythmias in patients. In addition, holter monitors help identify ventricular tachycardia (VT) in patients with recognized risk of sudden cardiac death. Portability of holter monitors significantly propel the market growth as they can be easily worn by the patients to record heart activity for a certain period…
Intermittent Catheters Market Reach $2,950.7 Million By 2023
The global intermittent catheters market was valued at $1,655.5 million in 2016, and is expected to reach $2,950.7 million by 2023 with a CAGR of 8.7% during the forecast period. Intermittent catheter is a disposable medical device, which is used to drain the urinary bladder when an individual is unable to do it naturally. Intermittent catheter consists of a drainage bag that assists to capture the urine. These catheters are…
Continuous Glucose Monitoring Systems Market Registering A CAGR Of 22.9% By 2024
Continuous glucose monitoring (CGM) is one of the latest technological advancements in the field of diabetes management. CGM system is a type of glucose monitoring device that functions by inserting a biosensor through transcutaneous or subcutaneous route. The embedded sensor measures the glucose levels in interstitial fluid or blood, and transmits the information using a transmitter to a receiver/monitor for displaying the results. These systems play an integral role in…
More Releases for Bio
Human Plasma Products Market 2023: Industry Future Trends | Takeda, CSL, Grifols …
The Human Plasma Products market research report is proficient and top to bottom research by specialists on the current state of the industry. This statistical surveying report gives the most up to date industry information and industry future patterns, enabling you to distinguish the items and end clients driving income development and benefit. It centres around the real drivers and restrictions for the key players and present challenge status with…
Gene Therapy Products Market | Advantagene, Avalanche Bio, Bluebird Bio, Cellado …
The global gene therapy products market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the gene therapy products market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants.
From the perspective of market dynamics, this report explores the factors driving the growth…
Bio-based Polymethyl Methacrylate (Bio-PMMA) Market 2023 | Detailed Report
The Bio-based Polymethyl Methacrylate (Bio-PMMA) report compiles the market information depending upon market development and growth factors, optimizing the growth path. In addition, it highlights the strategies and market share of the leading vendors in the particular market. The report follows a robust research methodology model that helps to make informed decisions. It obtains both qualitative and quantitative market information supported by primary research.
The Bio-based Polymethyl Methacrylate (Bio-PMMA) research report…
Bio Pharma Buffer Market – A comprehensive study by Key Players: Bio-Rad, Lonz …
Latest Market intelligence report released by HTF MI with title "COVID-19 Outbreak-Global Bio Pharma Buffer Industry Market Report-Development Trends, Threats, Opportunities and Competitive Landscape in 2020" is designed covering micro level of analysis by manufacturers and key business segments. The COVID-19 Outbreak-Global Bio Pharma Buffer Market survey analysis offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary…
IVIG Market Anticipated a Noteworthy CAGR during 2019-2024 & Companies Included …
A report added to the rich database of Qurate Business Intelligence, titled “World IVIG Market by Product Type, Players and Regions - Forecast to 2024”, provides a 360-degree overview of the Global market. Approximations associated with the market values over the forecast period are based on empirical research and data collected through both primary and secondary sources. The authentic processes followed to exhibit various aspects of the market makes the…
Green & Bio-based Solvents Market Analysis, Demand, & Opportunities till 2023 | …
A latest research report titled as “Green & Bio-based Solvents Market for Paints & Coatings, Printing Inks, Commercial & Domestic Cleaning, Adhesives & Sealants, Pharmaceutical, Cosmetics, and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023” has been recently added to the vast portfolio of Market Research Reports Search Engine (MRRSE) online research offerings. This report is a professional and in-depth analysis on the…
