Bio-Plasticizer Market: Trends, Forecast and Competitive Analysis
The global bio-plasticizer market is expected to reach an estimated $2.3 billion by 2027 with a CAGR of 7.7% from 2025 to 2027. The major drivers for this market are increasing demand for PVC, growing need for non-toxic alternative for phthalates plasticizer, stringent environment regulations, and increasing health concern.
Bio Plasticizer Market Research Report by Type (Castor Oil
table 83. south korea bio plasticizer market size, 2018-2030 (usd million) table 84. south korea bio plasticizer market size, by type, 2018-2030 (usd million) table 85. south korea bio plasticizer market size, by application, 2018-2030 (usd million) table 86. taiwan bio plasticizer market size, 2018-2030 (usd million) table 87.
Bio-plasticizers Market Research - Share, Size & Trend
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).
Bio Plasticizer Market Research Report by Type, by
Bio Plasticizer Market Research Report by Type (Castor Oil-Based Plasticizer, Citrate, Epoxidized Soybean Oil, and Succinic Acid), by Application (Building & Construction, Consumer Good,...
Bio Plasticizers Market by Type and Application - 2030
The global bio plasticizers market was valued at $1.3 billion in 2025, and is projected to reach $2.1 billion by 2030, growing at a CAGR of 5.31% from 2025 to 2030. The increase in demand for the e-commerce during the pandemic has created a huge demand for films and sheet covering used in packaging industries.
- 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 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.
- 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.