Lucintel anticipates that Asia Pacific will be the fastest growing region in the bio-plasticizer market

November 07, 2019

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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.
To download report brochure, please go to https://www.lucintel.com/bio-plasticizer-market.aspx and click "report brochure"tab from the menu .
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
This 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 https://www.lucintel.com/bio-plasticizer-market.aspx or helpdesk@lucintel.com.
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.

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