GVR Report cover Bio Plasticizers Market Report

Bio Plasticizers Market Analysis By Product Type (Citrates, Castor Oil, ESBO, Succinic Acid), By Application (Packaging, Consumer Goods, Automotive, Construction, Textiles), And Segment Forecasts, 2018 - 2025

  • Published Date: Oct 2017
  • Report ID: GVR-1-68038-641-7
  • Number of Pages: 119
  • Format: Electronic (PDF)
  • Historical Data: 2014 - 2016

Industry Insights

The global bio plasticizers market size was estimated at 887.3 kilo tons in 2016. Bio-plasticizers are additives with moderate side effects than synthetic chemicals, high safety, and biodegradability levels. The growing demand for bio-based materials in various end-use industries is anticipated to increase its production and consumption globally. These green polymers are widely utilized for the manufacturing of surface coatings for polymers, cables, and as an additive in plastic industries.

U.S. bio plasticizers market

The supply of toxic phthalates including dibutyl phthalate (DBP), benzyl butyl phthalate (BBP), dioctyl phthalate (DOP), and diethyl phthalate (DEP) has led to the growing consumer awareness in emerging economies such as China and India, which is expected to propel the demand for bio-based plasticizers. It offers several benefits such as temperature as well as electrical functioning as compared to conventional synthetic polymers when used for manufacturing cables. These additives are derived from renewable feedstock such as succinic acid, castor oil, epoxidized soybean oil (ESBO), citrates, and others that help in reducing carbon footprints.

In addition, the ban on phthalate-based additives due to stringent regulatory policies in the major packaging segments of food and pharmaceutical industries has fueled the growth of environmental-friendly plastic resins. However, fluctuations in raw materials prices and high costs associated with bio plasticizers are anticipated to restrain the market growth during the forecast period.

The U.S. market is driven by increasing demand for bio-plasticizers used in producing a broad range of finished product packaging, textiles, building & construction, agriculture, automotive, and transport. High implementation of innovative and advanced extraction technologies and processes to support the rising demand from global clients are some of the significant factors influencing the regional industry growth in the coming years.

Bio-plasticizers are primarily manufactured from vegetable raw materials, and it is used as an alternative to traditional petroleum-based plasticizers. ESBO and succinic acid are the two most commonly utilized raw materials for the production of these additives. ESBO is one of the most preferred additives in food packaging particularly used in PVC gaskets. Myriant and BioAmber are major succinic acid manufacturers which are the key supply the raw materials to the product manufacturers through the North American region.

However, continuous changes in environmental guidelines, protocols, and blending policies are critical constraints faced by manufacturers, intensifying the threat to affect the global bio-plasticizers trade. Moreover, packaging companies are opting for low-cost, yet eco-friendly petrochemical alternatives without compromising on product performance are expected to trigger the market growth in the eight years.

Rising awareness about the adverse effects of using petroleum-based plastics has led to several key U.S. consumers of polymers to shift to green materials, resulting in a steady surge in the global industry. These resins are essential to alter a polymer’s characteristics to suit a particular application in which it is to be used.

Product Insights

ESBO dominated the overall market while accounting for over 37% of the total demand in 2016. Soybean oil is a light yellow colored vegetable oil derived from soybean seeds. It is broadly used as a stabilizer and an additive in plasticizers. The reactivity of plasticizers increases after the addition of ESBO because of the epoxidation process of carbon-carbon double bonds present in the vegetable oil.

Succinic acids are used to formulate into plastic additives that produce flexible PVC with similar mechanical properties as compared to DOA. They help in the production of bio-based additives which are phthalate-free and contain higher renewability content than traditional synthetic counterparts.

Similarly, castor oil and its derivatives are also used to produce flexible, semi-rigid, rigid, and bio plasticizers. It shows resistance to pigment dispersion, hydrolysis, and has high compatibility with polyether polyols. Citrates are biodegradable, bio-based and compostable plasticizers for PLA and PVC, PHA and other biopolymers.

Several global players have shifted focus towards sustainability in their manufacturing processes and throughout the supply chain to reduce carbon emission, waste, and energy. Recycled bio-based polymers are rapidly gaining popularity since it decreases the adverse environmental effects and ensures secure profits and high premiums to vegetable oil manufacturers.

Application Insights

The product demand in automotive & transport is estimated to observe the fastest growth rate over the projected period and is anticipated to grow at a CAGR of over 11.0 % from 2017 to 2025. Bio plasticizers help in reducing fuel consumption and emission by reducing vehicle’ weight. Automotive interior fabrics are also prepared from plant-based polymers that provide similar mechanical properties as compared to conventional synthetic counterparts. Some of the additional advantages include higher stiffness, excellent dimensional stability and electrical properties, better surface gloss, and higher thermal shock resistance.

Packaging materials segments are expected to witness an average growth rate during the forecast period. These specialty additives play an integral role in protective packages (convoluting), flexible & rigid food contact packaging (boxes, cartons, others), and several more packaging options for various industries. The global packaging companies have implemented sophisticated manufacturing and easily adaptable processes to stratify the particular application need of customers, especially in food packaging. These bio-based materials help in protecting food and extending its shelf-life by increasing barrier properties like antimicrobial, oxygen, and moisture resistance.

In agriculture & horticulture, eco-friendly plastics are used to manufacture eco-friendly tarpaulins, irrigation pipes, soil fumigation film, drip tape, nursery pots, and silage bags. Rising environmental constraints related to growing carbon footprints coupled with improved durability and improved properties of finished products are expected to have the edge over the synthetic plastics.

Global bio-plasticizers

Additionally, easy and abundant availability of renewable feedstock also provide a stable supply of raw materials, and hence, support the switch from traditional PVC plastics to organic polymers. Mature economies including the U.S. and Europe are always focusing on producing eco-friendly products and fabrics, especially in the textile and packaging industries.

Regional Insights

China emerged as the dominant country for over 44% of the global consumption in 2016 and is projected to grow significantly in the coming years. High urbanization coupled with rapid industrialization is expected to have spurred the bio-plasticizers demand in the country. Furthermore, the high consumption of bio-based packaging material products in emerging economies including India, Japan, and Taiwan, has contributed to the demand over the recent past.

North America captured the highest market share due to sustained expansion and technological advancement of packaging and consumer goods industries. The booming automotive & transport sector in North America is a key factor responsible for the continued growth of the bio-plasticizers market in the region.

Moreover, the government is taking initiatives to support the adoption of bio-based plastics in manufacturing processes is further boosting the regional market growth. The US EPA and EU regulations and legislations have imposed policies aiming at encouraging sustainable manufacturing practices, development of eco-friendly products, and decreasing carbon footprint which is positively influencing the market.

Competitive Insights

Various industry participants of the bio-plasticizers market include Evonik Industries, Dow Chemical Company, Lanxess AG, PolyOne Corporation, BioAmber Inc., and Danisco US Inc. Other global players including BASF SE, Solvay SA, and Emery Oleochemicals LLC are actively engaged in technology & product innovations, industrial collaborations, and R&D initiatives to widen their product portfolios and broaden their customer reach. Emerging economies such as China, Japan, and India are expected to open new market expansion opportunities for industry players over the forecast period. The industry is consolidated with few companies occupying significant market share.

Most manufacturers are sensitive to commodity & energy prices along with necessary raw material costs, which creates challenges to earn high-profit margins, due to the volatility nature of these material prices in the global market. Companies are often prepared to respond in case of signs of a broader turndown and inventory buildup, by portfolio consolidation, restructuring, temporary production shutdowns, and other business strategies.

Report Scope



Base year for estimation


Actual estimates/Historical data

2014 - 2016

Forecast period

2017 - 2025

Market representation

Revenue in USD Million and CAGR from 2017 to 2025

Regional scope

North America, Europe, Asia Pacific, Central & South America & MEA

Country scope

U.S., Canada, Mexico, Germany, U.K., France, China, Japan, India

Report coverage

Revenue forecast, company share, competitive landscape, growth factors and trends

15% free customization scope (equivalent to 5 analyst working days)

If you need specific market information, which is not currently within the scope of the report, we will provide it to you as a part of customization

Segments Covered in the Report

This report forecasts revenue growth and provides an analysis of the latest trends in each of the sub-segments from 2014 to 2025. For the purpose of this report, Grand View Research has segmented the global bio-plasticizers market on the basis of carbon chain lengths, product, application, and region:

  • Product Outlook (Volume, Kilo Tons; Revenue, USD Million 2014 - 2025)

    • Epoxidized Soybean Oil (ESBO) 

    • Castor Oil-Based Plasticizers 

    • Citrates 

    • Succinic Acid 

    • Others

  • Application Outlook (Volume, Kilo Tons; Revenue, USD Million 2014 - 2025)

    • Packaging Materials 

    • Consumer Goods 

    • Automotive & transport

    • Building & construction

    • Textiles

    • Agriculture & horticulture

    • Others

  • Regional Outlook (Volume, Kilo Tons; Revenue, USD Million 2014 - 2025)

    • North America

      • The U.S.

      • Canada

      • Mexico

    •  Europe

      • Germany

      • The U.K.

      • France

    • Asia Pacific

      • China

      • India

      • Japan

    • The Middle East and Africa

    • Central & South America

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