Global Bio-plasticizers report from Global Insight Services is the single authoritative source of intelligence on Bio-plasticizers market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Bio-plasticizers are plasticizers that are made from renewable, plant-based resources. They are used to soften plastics and increase their flexibility. Bio-plasticizers can be used in a variety of applications, including food packaging, toys, and medical devices.
Key Trends
The use of bio-based or eco-friendly plasticizers is one of the key trends in the plastic industry today. With the ever-growing concerns over the impact of plastic on the environment, many companies are searching for ways to reduce their reliance on traditional petroleum-based plasticizers.
In addition to being more environmentally friendly, bio-based plasticizers can also offer other benefits over traditional plasticizers. For example, they can improve the flexibility and durability of plastics, and can make them more resistant to heat and UV light.
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Market Segmentation
The Bio-Plasticizers Market is segmented by type, application, and region. By type, the market is divided into epoxides, succinic acid, citrates, glycerol esters, and others. By application, the market is bifurcated into flooring and walls, film and sheet coverings, wires and cables, coated fabrics, and others. By region, the market is classified into North America, Europe, Asia-Pacific and rest of the world.
Key Players
The key players in the Bio-Plasticizers Market are Bioamber Inc., DuPont, DOW Chemical Company, Emery Oleochemicals, Evonik Industries, Lanxess AG, Matrìca S.p.A., Myriant Corporation, Avient Corporation and Vertellus Holdings LLC.
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Key Drivers
The key drivers of the bio-plasticizers market are the need for eco-friendly and sustainable products, the stringent government regulations regarding the use of phthalates, and the growing end-use industries.
The need for eco-friendly and sustainable products is the primary driver of the bio-plasticizers market. The traditional plasticizers are made from petroleum products and are not biodegradable. This has led to increased awareness about the environmental impacts of plastic waste and the need for sustainable alternatives.
The stringent government regulations regarding the use of phthalates is another key driver of the bio-plasticizers market. Phthalates are a group of chemicals used to make plastics more flexible and durable. However, they are also linked to a number of health concerns, such as endocrine disruption, reproductive toxicity, and cancer.
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