According to a market report by Lucintel, the future of the bio-plasticizer market looks promising with opportunities in the packaging material, medical device, consumer goods, wire & cable, and building & construction industries. The bio-plasticizer market is expected to grow with a CAGR of 10% from 2019 to 2024. The major growth drivers for this market are stringent norms & regulations and increasing demand for eco-friendly plasticizers for various applications.
In this market, ESBO, citrates, castor oil, and succinic acid are the major material type. Within the bio-plasticizer market, packaging materials, medical devices, consumer goods, wires & cables, and building & construction are the major end use industries.
Asia Pacific is expected to remain the largest region over the forecast period due to rising demand for consumer goods, medical materials, and wires and cables in developing countries, such as China and India.
DowDuPont, Evonik Industries, Solvay S.A., Lanxess AG, Polyone Corporation, Bioamber Inc., Danisco Us Inc., Emery Oleochemicals LLC, Matrica SPA, Myriant Corporation, and Vertellus Specialties Inc. are among the major manufacturers of bio-plasticizers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the bio-plasticizer market by end use industry, material type, and region. Lucintel has prepared a comprehensive research report entitled "Bio-Plasticizer Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the bio-plasticizer market by end use industry, material type, and region as follows:
By Material Type: [$M shipment analysis for 2013 – 2024]:
• ESBO
• Citrates
• Castor Oil
• Succinic Acid
• Others
By End Use Industry: [$M shipment analysis for 2013 – 2024]:
• Packaging Materials
• Medical Devices
• Consumer Goods
• Wires & Cables
• Building & Construction
• Others
By Region: [$M shipment analysis for 2013 – 2024]:
• North America
− The US
− Canada
− Mexico
• Europe
− Germany
− Spain
− France
− The United Kingdom
− Russia
• Asia Pacific
− China
− Japan
− India
− South Korea
− Thailand
• The Rest of the World

More than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link…… [email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 11 key questions:

Q.1 What are some of the most promising potential, high growth opportunities for the bio-plasticizer market by material type (ESBO, citrates, castor oil, succinic acid, and others), end use industry (packaging materials, medical devices, consumer goods, wires & cables, building & construction, flooring and walls, and others), and region (North America, Europe, Asia Pacific, and Rest of the World)
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the bio-plasticizer market?
Q.5 What are the business risks and threats to the bio-plasticizer market?
Q.6 What are emerging trends in this market and the reasons behind them?
Q.7 What are some changing demands of customers in the bio-plasticizer market?
Q.8 What are the new developments in the bio-plasticizer market? Which companies are leading these developments?
Q.9 Who are the major players in the bio-plasticizer market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last five years in the bio-plasticizer market?