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
Global Bio-Plasticizer Market Report 2025: Market is Expected to Reach
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...
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 $2.1 billion by 2030, growing at a CAGR of 5.31% from 2025 to 2030. The increase in demand for the e-commerce during the pandemic has created a huge demand for films and sheet covering used in packaging industries.
Bio-Plasticizers Market Size, Share, Analysis 2025-2028 - IMARC Group
The global bio-plasticizers market size reached US$ 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.
Bio Plasticizers Market - Industry Analysis and Forecast (2025-2029)
Bio Plasticizers Market is expected to grow at a CAGR of 3.7% during the forecast period and is expected to reach US$ 1.89 Bn by 2029. Bio Plasticizers Market Dynamics: The key driver for the global bio plasticizers market is the awareness about the health risks of conventionally used plasticizers, such as phthalates.
- How big is the Vietnam plastics market?
- The Vietnam Plastics Market size is estimated at 11.84 million tons in 2025, and is expected to reach 17.76 million tons by 2030, at a CAGR of 8.44% during the forecast period (2025-2030). Vietnam's plastics industry is experiencing significant transformation driven by technological advancement and sustainability initiatives.
- What is the fastest growing segment in Vietnam's plastics market?
- The bioplastics segment is emerging as the fastest-growing category in Vietnam's plastics market, projected to grow at approximately 13% during 2024-2029. This remarkable growth is driven by increasing environmental awareness and the government's ambitious initiatives to reduce plastic waste.
- Which segment dominates the Vietnam plastics market in 2024?
- The plastic extrusion segment dominates the Vietnam plastics market, commanding approximately 57% of the total market share in 2024. This technology is extensively utilized in the production of various construction and technical plastic materials, with more than 1,000 extruders currently operating across Vietnam.
- How is Vietnam reshaping the plastics industry?
- Vietnam's plastics industry is experiencing significant transformation driven by technological advancement and sustainability initiatives. The country's rapid urbanization, projected to reach 51.2% by 2040, is reshaping the industry landscape by creating increased demand for plastic products across various sectors.
- Where is the plastic industry located in Vietnam?
- The plastic packaging industry has emerged as another crucial driver for the Vietnamese plastics market, with over 900 factories currently operational in the sector, approximately 70% of which are concentrated in the Southern region, primarily in Ho Chi Minh City, Binh Duong, and Dong Nai.
- 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.
