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BIO PLASTICIZERS MARKET ANALYSIS

Bio Plasticizers Market, By Product (Epoxidized Soybean Oil (ESBO), Castor Oil- Based Plasticizers, Citrates, Succinic Acid, Others), By End Use (Building & Construction, Packaging Material, Consumer Goods, Medical Devices, Automotive & Transportation, Others), and By Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)

  • Published In : Jul 2023
  • Code : CMI5998
  • Pages :160
  • Formats :
      Excel and PDF
  • Industry : Advanced Materials

Regional Analysis

Global Bio Plasticizers Market: Regional Insights

Based on geography, the global Bio Plasticizers market is segmented into North America, Europe, Asia Pacific, Central and Sought America and Middle East & Africa.

At present, the Asia Pacific is expected to hold leading position in the global Bio Plasticizers market over the forecast period. Asia Pacific bio plasticizers market is expected to grow on account of the high demand for consumer goods products and rising construction activities in the region. Developed countries such as India, China, Japan and South Korea use bio softeners for water treatment, dental care, household bleaching and chemical applications. Countries such as India and China have growing populations, rising income levels and rising purchasing power parities that are driving demand for consumer goods such as toys, personal items and household items. These factors are expected to boost the demand for bio plasticizers in the region during the forecast period. 

At the same time, Europe is dominated by large developed countries such as the UK, Germany, France, Italy and Spain, increasing the number of personal care and cosmetics manufacturers and various market suppliers. Factors such as changing consumer lifestyles, growing awareness of self-care, and growing preference for consuming organic cosmetics have increased the demand for organic cosmetics. Therefore, rising demand for cosmetics in the market is expected to boost the demand for bio-emollients during the forecast period. 

Figure 1. Global Bio Plasticizers Market, By Region

  • North America: U.S. and Canada
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Middle East & Africa: GCC Countries, Israel,  South Africa, North Africa, and Central Africa and Rest of Middle East

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