DALLAS, June 16, 2015 /PRNewswire/ --
The report "Bio Plasticizers Market by type (ESBO, Citrates, Castor oil, succinic acid & others), by application (packaging materials, medical devices, consumer goods, wires & cables, building & construction & others), by region - Trends & forecasts to 2020", The market size for Bio Plasticizers is projected to reach $1,140.3 Million by 2020, registering a CAGR of 9.8% between 2015 and 2020.
Browse 112 market data Tables and 73 Figures spread through 200 Pages and in-depth TOC on"Bio Plasticizers Market".
Early buyers will receive 10% customization on this report.
The market report defines and segments the Bio Plasticizers Market with an analysis and forecast of its volume and value.
The report also defines the driving and restraining factors for the bio plasticizer market with the analysis of trends, opportunities, and burning issues, winning imperatives, strategic benchmarking and challenges. Some of the drivers include ban on phthalate plasticizer in consumer goods & medical products, stringent environmental norms & regulations, and developing economies. One of the major restraining factors for the bio plasticizer market growth is higher cost compared to phthalate & non-phthalate plasticizer. There are some opportunities which will change the dynamics of the bio plasticizer industry in the years to come. These include increasing demand of environmentally friendly plasticizer, PVC, and other plastic products. The market is estimated based on major regions, such as North America, Europe, Asia-Pacific, and Rest of the World (RoW) in terms of both value as well as volume. The regional Bio Plasticizers Market is further segmented on the basis of major application.
"North America: One of the Biggest Markets of Bio Plasticizer"
North America is the most promising market for bio plasticizers and the trend is projected continue in the near future. North America is one of the largest markets for bio plasticizers, which accounted for a share of around 36.0% the total market in 2014. The North American market for bio plasticizers is growing at a notable pace, which is primarily due to the growing manufacturing industry that is further pushing the demand for bio plasticizer. The demand for bio plasticizers in the region is projected to register a CAGR of around 10.0% between 2015 and 2020. The U.S. is the largest and fastest-growing market for bio plasticizers in the region. This is due to increasing domestic demand, and stringent norms & regulations. Also, the increasing flexible PVC industry in the region is ultimately driving the demand for bio plasticizers in the region. Intensified efforts of different regulatory authorities to promote environmentally friendly products have led to higher growth of bio plasticizers in this region.
For more Inquiries:http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=70153683
The Dow Chemical Company (U.S.), Vertellus Specialties Inc. (U.S.), Evonik Industries AG (Germany), Solvay S.A. (Belgium), Lanxess AG (Germany), BioAmber Inc. (Canada), Emery Oleochemicals Llc (Malaysia), Matrica S.P.A. (Italy), Polyone Corporation (U.S.), Myriant Corporation (U.S.), and Danisco Inc. (U.S.) are some of the major manufacturers of bio plasticizer, globally.
Browse Related Reports:
Plasticizers Market by Type (Low Phthalates, High Phthalates, and Non-Phthalates), Sub-Type (DOP, DINP/DIDP, DOTP, Bio-Based, & Others) & Geography - Trends and Forecasts to 2019
Plastic Additives Market by Type (Plasticizers, Stabilizers, Flame Retardants, Impact Modifiers), Plastic (Commodity, Engineering, and High Performance Plastic), and by Application (Packaging, Construction, Consumer Goods, Automotive) - Global Trends & Forecasts to 2019
MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets