Global bio plasticizers market size 2030 | Statista

                                               
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  • industrial grade Bio Plasticizers Market Size Share manufacturer

Bio-Plasticizers Market Size, Industry Share | Forecast, 2030

                                               
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Bio-plasticizers Market Worth USD 2.42 Billion by 2030

                                               
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Bio Plasticizers Market by Type and Application - 2030

                                               
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Bio Plasticizers Market: Development Size and Share Analysis

                                               
  • industrial grade Bio Plasticizers Market Size Share price
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  • industrial grade Bio Plasticizers Market Size Share manufacturer
  • 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 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 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.
  • 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.
  • How much plasticizer is added to cement?
  • The quantity of plasticizers added is about 0.1%-0.4% by weight of cement. This amount reduces 5%-15% of the water requirement and also leads to the increment of workability from about a 3-8 cm slump. A plasticizer, in general, entrains less than 2% air.