NEW YORK , Oct. 23, 2024 /PRNewswire/ -- Report with the AI impact on market trends - The Global Bio Plasticizer Market size is estimated to grow by USD 803.8 million from 2024-2028, according to Technavio.
The market is estimated to grow at a CAGR of 6.19% during the forecast period.Rise in number of applications of bio plasticizers across different industries is driving market growth, with a trend towards technological advancements of bio plasticizers.
However, high cost of production of bio plasticizers poses a challenge - Key market players include ACS Technical Products, ARD, Avient Corp., BASF SE, Cargill Inc., DIC Corp.
, Dow Inc., Emery Oleochemicals Group, Evonik Industries AG, Goldstab Organics Pvt. Ltd.
, Grupo Princz IPASA, Hebei Jingu Co. Ltd, India Glycols Ltd., Jungbunzlauer Suisse AG, Lanxess AG, Matrica S.
p.A, OQ Chemicals GmbH, Roquette Freres SA, Solvay SA, Valtris Specialty Chemicals, and Zhejiang Jiaao Enprotech Stock Co Ltd. Key insights into market evolution with AI-powered analysis.
Explore trends, segmentation, and growth drivers- View the snapshot of this report Bio Plasticizer Market Scope Report Coverage Details Base year 2023 Historic period 2018 - 2022 Forecast period 2024-2028 Growth momentum & CAGR Accelerate at a CAGR of 6.19% Market growth 2024-2028 USD 803.8 million Market structure Fragmented YoY growth 2022-2023 (%) 5.
36 Regional analysis North America, Europe, APAC, South America, and Middle East and Africa Performing market contribution No.