Bio-Plasticizers Market Size, Industry Share | Forecast, 2030
This adds to bio-plasticizers' acceptability over standard phthalate plasticizers. According to the International Journal of Engineering Research & Technology (IJERT), the demand for bio-based plasticizers was reported 887 kilotons in 2016 and is expected to cross 1,900 kilotons in 2025 with a corresponding revenue of USD 1,124 million in 2016
Bio-plasticizers Market Research - Share, Size & Trend
The bio-plasticizers market is projected to register a CAGR of over 6% during the forecast period. COVID-19 negatively impacted the market in 2025. During the pandemic, construction activities were temporarily halted due to the government-imposed lockdown.
Bio-Plasticizers Market Size, Share, Analysis 2025-2028
The global bio-plasticizers market size reached US$ 1.3 Billion in 2025. Looking forward, IMARC Group expects the market to reach US$ 1.9 Billion by 2028, exhibiting a growth rate (CAGR) of 6.3% during 2025-2028.
Global Bio-Plasticizer Market Report 2025: Market is Expected
The global bio-plasticizer market is expected to reach an estimated $2.4 billion by 2026 with a CAGR of 10% from 2025 to 2026. The future of the bio-plasticizer market looks attractive with...
Bio-Plasticizers Market Share, Share & Trends | 2032
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. The Bio-Plasticizers are widely used in PVCs.
- What is the global plasticizers market size?
- The global plasticizers market was valued at USD 17.0 billion in 2022. It is projected to reach USD 22.5 billion by 2027, growing at a CAGR of 5.7% from 2022 to 2027. Construction is one of the major end-use industries of plasticizers and offers market growth opportunities.
- What is the outlook for the bio-based plasticizers market?
- The high cost of bio-plasticizers, when compared with conventional plasticizers, is likely to hinder the growth of the market. Ongoing research on bio-based plasticizers is likely to create opportunities for the market during the forecast period. The Asia-Pacific region is expected to dominate the market.
- What is the value of the bio-plasticizers market?
- In 2020, the total value of new construction was about USD 1,469 billion in the United States, reaching about USD 1,590 billion in 2021, with a growth rate of 8%. This led to an increase in the demand for flooring and wall covering, which, in turn, increased the demand for the bio-plasticizers market.
- How is the bio-plasticizers market segmented?
- The bio-plasticizers market is segmented by Type (Epoxidized Soybean Oil, Castor Oil, Citrates, Succinic Acid, Other Types), Application (Wire and Cables, Film and Sheet, Flooring and Wall Covering, Medical Devices, Package Materials, Other Applications), and Geography (Asia-Pacific, North America, Europe, South America, Middle East and Africa).
- What are bio-plasticizers?
- Bio-plasticizers are polymer materials derived from renewable sources, including vegetable oil and biomass. It can be considered a substitute for polyvinyl chloride (PVC). It finds its major application in end-user industries, including building and construction, electronics, and automotive.
