The market size for Bio Plasticizers is projected to reach $1,140.3 Million by 2020, registering a CAGR of 9.8% between 2015 and 2020.
Browse 113 market data tables and 72 figures spread through 175 pages and in-depth TOC on “Bio Plasticizers Market - Trends & forecasts to 2020"
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“North America: One of the Biggest Markets of Bio Plasticizer”
North America is the most promising market for bio plasticizers and the trend is projected continue in the near future. North America is one of the largest markets for bio plasticizers, which accounted for a share of around 36.0% the total market in 2014. The North American market for bio plasticizers is growing at a notable pace, which is primarily due to the growing manufacturing industry that is further pushing the demand for bio plasticizer.
The demand for bio plasticizers in the region is projected to register a CAGR of around 10.0% between 2015 and 2020. The U.S. is the largest and fastest-growing market for bio plasticizers in the region. This is due to increasing domestic demand, and stringent norms & regulations. Also, the increasing flexible PVC industry in the region is ultimately driving the demand for bio plasticizers in the region. Intensified efforts of different regulatory authorities to promote environmentally friendly products have led to higher growth of bio plasticizers in this region.
The Dow Chemical Company (U.S.), Vertellus Specialties Inc. (U.S.), Evonik Industries AG (Germany), Solvay S.A. (Belgium), Lanxess AG (Germany), BioAmber Inc. (Canada), Emery Oleochemicals Llc (Malaysia), Matrica S.P.A. (Italy), Polyone Corporation (U.S.), Myriant Corporation (U.S.), and Danisco Inc. (U.S.) are some of the major manufacturers of bio plasticizer, globally.
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Scope of the report: This research report categorizes the market for bio plasticizer based on applications, type, and regions; forecasting volumes and revenues and analyzing trends in each of the submarkets.
On the basis of types: The major types for bio plasticizers such as ESBO, citrates, castor oil-based, succinic acid-based, and others have been discussed in detail in the report. Each type is further described in detail in the report with volumes and revenues estimated for each type.
On the basis of applications: The major applications for bio plasticizer such as packaging materials, medical devices, consumer goods, wires & cables, building & construction, and others have been discussed in detail in the report. Each application is further described in detail in the report with volumes and revenues estimated for each application.
On the basis of geography: North America, Europe, Asia-Pacific, and RoW and key countries in every region.
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