New Research: Lucintel Predicts a Bright Future for the Bio-Plasticizer Market

Did you know that Lucintel recently published a market research report entitled “Growth Opportunities in the Global Bio-Plasticizer Market 2020-2025”?

This market report for bio-plasticizer identifies and predicts future opportunities for growth in bio-plasticizer market for various segments as well as for various regions such as North America, Europe, Asia Pacific, and the Rest of the World. It also identifies growth opportunities for bio-plasticizer in the packaging materials, medical devices, consumer goods, wires & cables, and building & construction industries.

According to Lucintel’s market report, the bio-plasticizer market is expected to reach an estimated $2.2 billion by 2025 with a CAGR of 10% to 12% from 2020 to 2025. Some of the dominant players in the bio-plasticizer market are 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.

There are some interesting developments in bio-plasticizer market as competition heats up and players try to increase their market share. Some of the emerging trends shaping the market dynamics include growing penetration of bio based plasticizers.

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