Bio Plasticizers Market Overview:
According to MRFR analysis, the Global Bio-Plasticizers Market is estimated to reach USD 2.1 billion by the end of 2023 at a robust CAGR of 9.5%. The growing demand for polyvinyl chloride (PVC) in different applications such as consumer goods and medical equipment is likely to boost the adoption of bio-plasticizers in PVC.
Solvents that are derived from biomass and agricultural sources such as soybean oil, corn, beet, sugarcane, lactic acid, and bio-succinic acid are referred to as green and bio-based solvents. These solvents are gaining momentum in the global market on account of their recyclability, biodegradability, eco-friendly nature, low VOC emissions, high boiling point, and low toxicity. There is a growing preference for bio-based solvents owing to less carbon emissions, depleting fossil fuels, and high efficiency.
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Bio Plasticizers Market Key Players:
Solvay (Belgium), Archer Daniels Midland Company (US), BASF SE (Germany), DowDuPont (US), Vertec BioSolvents (US), CREMER OLEO GmbH & Co. KG (Germany), Cargill, Incorporated (US), Corbion (The Netherlands), Merck KGaA (Germany), LyondellBasell Industries Holdings B.V. (US), Galactic (Belgium), and Arkema Group (France) are some of the key players operating in the global green and bio-based solvents market.
Bio Plasticizers Market Segmentation:
The Global Green and Bio-Based Solvents Market has been categorized on the basis of type, application, and region.
Based on type, the global green and bio-based solvents market has been segmented into bio-alcohols, bio-glycols, bio-diols, ethyl lactate, D-limonene, methyl soyate, and others (including hydrogen peroxide, bio-based butanediol, 2-methyltetrahydrofuran, etc.).
By application, the global green and bio-based solvents market has been divided into paints and coatings, industrial & domestic cleaning, printing inks, adhesives & sealants, pharmaceutical, cosmetics, agriculture, and others.
The global green and bio-based solvents market, by region, has been studied for five key regions—Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa.
Bio Plasticizers Market Regional Analysis:
Geographically, North America is forecasted to be the largest market for Bio Plasticizers during the forecast period accounting for more than one third of the total market. North America is most prominent market and its market share has accounted for 38% of the total market in 2015, North America has been growing at faster pace due to rising manufacturing industries and demand for bio-based Plasticizers will aid in rise in growth of Bio Plasticizers Market. U.S has accounted.
APAC is one of the growing regions due to its economies, cheap labour cost in APAC and economical material used for production process. Moreover, Asia Pacific is projected to be the fastest growing market mainly due to medical, consumer goods, wires & cables, building & construction and other applications. While, Middle East & Africa regions are at the emerging stage in the Bio Plasticizers Market.
Middle East and Africa are emerging region in this market. Asia-pacific is one of the fastest growing market due to pharmaceuticals and packaging industries. Asia-pacific is one of the fastest growing regions in packaging materials, medical devices, consumer goods, wires & cables, building & construction.
North America region was the leading bio plasticizers market with an estimated highest market size and is projected to touch down Million Tons in 2017. The U.S. has represented the largest market in 2015 and is expected to reach in Millions by 2023 due to stringent regulation, technological advancement and increasing demand for polyvinyl chloride are the key drives in this region. The global packaging industry is projected to exceed USD 900 Billion by 2023, thus providing lucrative opportunities for industry participants to capitalize upon.
Bio Plasticizers Market Table of Content:
1 Executive Summary
2 Scope of the Report
3 Market Research Methodology
4 Market Landscape
5 Industry Overview of Global Bio Plasticizers Market
Bio Plasticizers Market Table of Content to be Continue…….,
Bio Plasticizers Market List of Tables:
Table 1 Global Bio-Plasticizers Market: By Region, 2016−2023
Table 2 North America: Bio-Plasticizers Market, By Country, 2016−2023
Table 3 Europe: Bio-Plasticizers Market, By Country, 2016−2023
Table 4 Asia-Pacific: Bio-Plasticizers Market. By Country, 2016−2023
Table 5 Middle East & Africa: Bio-Plasticizers Market, By Country, 2016−2023
Bio Plasticizers Market List of Tables to be Continue…….,
Bio Plasticizers Market List of Figures:
FIGURE 1 Global Bio-Plasticizers Market Segmentation
FIGURE 2 Forecast Research Methodology
FIGURE 3 Five Forces Analysis of Global Bio-Plasticizers Market
FIGURE 4 Value Chain of Global Bio-Plasticizers Market
FIGURE 5 Global Bio-Plasticizers Market, 2016−2023, By Country, 2017
Bio Plasticizers Market List of Figures to be Continue…….,
Complete table of content is available at @ https://www.marketresearchfuture.com/reports/bio-plasticizers-market-2293
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Bio Plasticizers Market 2019 Global Industry Analysis, By Size, Growth, Trends, Share, Investment, Development, Acquisition, Key Players And Regional Forecast 2023
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