North America Bio-plasticizers Market Report 2024

North America Bio-plasticizers Market Report 2023 Market Size Split by Product Type (Epoxidized Soyabean Oil (ESBO), Castor Oil-based Plasticizer, Citrates, Succinic Acid, Others), Application (Packaging Materials, Consumer Goods, Automotive & Transport, Building & Construction, Textile, Agriculture & Horticulture, Others)

North America Bio-plasticizers Market Report Description

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Competitive Landscape of the  Bio Plasticizers Market

The major players in the market of Bio-Plasticizers are adopting various strategies to lead the market. They are using different strategies like comparing the revenue, expenses, resources, product portfolio, region coverage, market share, and key initiatives. The key market players are also constantly focusing on R&D so that they can provide the most effective and cost-effective solution. They are also strengthening the market through innovation, brand reputation, and leadership. The companies are using various strategies to lead the market. This was about the various strategies that are used by the key market players to lead the market
•    For instance, according to the article by Cargill, an agreement has been reached for Cargill to purchase Arkema's epoxides division, which includes a Blooming Prairie, Minnesota, factory. Following closure, the investment will provide Cargill with full production capabilities for bio-based polyols and plasticizers, allowing the business to better serve its industrial clientele by providing naturally derived additives as an alternative to conventional petroleum-based additives.

(Source:https://www.cargill.com/2021/cargill-to-acquire-arkemas-epoxides-business#:~:text=With%20this%20acquisition%2C%20Cargill%20will,such%20as%20shower%20curtain%20liners%2C).

Top Companies Market Share in North America Bio-plasticizers Industry: (In no particular order of Rank)

• Avient corporation
• BASF SE
• Cargill
• Incorporated
• DIC Corporation
• The Dow Chemical Company
• Evonik Industries AG (RAS-Stifung)
• Lanxess AG
• Solvay SA
• ACS Technical Products
• Emery Oleochemical LLC
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

North America Bio-plasticizers Market Analysis

The market has been divided into segments according to factors such as epoxidized soybean oil, citrates, castor oil, succinic acid, glycol esters, and others, based on the analysis of product categories. The sector of epoxidized soybean oil (ESBO) held a dominant position in the worldwide bio-plasticizer market, owing to its advantageous characteristics and abundant applications. Due to its exceptional plasticizing efficacy, resistance to migration and extraction, and thermal stability, ESBO is highly prized as an addition to a variety of polymer goods, particularly those in the PVC sector.
Because it is made from soybean oil, ESBO is also easily obtainable, reasonably priced, and renewable, which makes it a great fit for the expanding market for environmentally friendly and sustainable products. Its non-toxic nature and adherence to strict safety and health regulations add to its allure, especially in food packaging, medical gadgets, and kid's products. These qualities, along with continuous improvements in production processes that improve its performance and quality, have solidified ESBO's dominant position in the bio-plasticizers industry.
•    For instance, according to the article by Science Direct, epoxidized soybean oil is used in the manufacturing of flexible and rigid PVC polymer.

(Source:https://www.sciencedirect.com/topics/chemistry/epoxidized-soybean-oil)

Note: The above Chart is for representative purposes and does not depict actual sales & statistics. You can request a free sample or purchase the full report access today!

The market has been divided into segments based on application category study, including packaging materials, consumer products, building and construction, automotive, medical devices, and others. The market for bio-plasticizers was dominated by the packaging materials sector in terms of revenue share. This may be attributed to the growing need for ecologically friendly and sustainable packaging solutions. The use of biodegradable and non-toxic materials in packaging is significantly increasing as businesses and customers become more environmentally concerned. 
To meet consumer expectations and improve their corporate social responsibility profiles, big companies and retailers are also giving priority to sustainable packaging. The need for bio-plasticizers is further fueled by the expanding e-commerce sector and the requirement for a variety of packaging options. These elements, along with technical developments that boost bio-plasticizer's effectiveness and economy of scale, have prompted a rise in their use in the packaging industry.

Note: The above Chart is for representative purposes and does not depict actual sales & statistics. You can request a free sample or purchase the full report access today!

North America Bio-plasticizers Country Analysis

In this section we have included market revenue, share, type, application and other segment analysis for each country level. Our team identifies and analyses potential risks associated with operating in each country, including rules and regulations, geopolitical risks, and other market-specific challenges. We estimate historical data and forecast future trends to understand the market's current situation in each country. This analysis helps key players to build strategies to strengthen their foothold in North America Bio-plasticizers market.

• United States
• Canada
• Mexico

The Current Published report Editon on the website includes the following list of countries analysis whereas in case you looking to access any other country or states level data under North America then please revert us to access the exclusive North America Bio-plasticizers industry report Edition.

The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!

The base years considered for all the estimations by analyzing trends and growth rate will help you gain an in-depth understanding of the conclusions provided in this report. This report also includes figures, graphs, pie charts, tables and bar graphs that explain the data analysis based on current trends at the country level as well as key regions. This research report also focuses on assessing factors such as profit, product price, capacity, production, supply demand market growth rate along with others to create a clear picture on the future prospects of this market.

Author's Detail

Manoj Phagare

Senior Research Analyst at Cognitive Market Research

LinkedIn

Profile

• Worked on several market, industry & business research projects, on various models such as Syndicated, Custom, Subscriptions and Consults
• Proficient in secondary research and familiar with all paid research databases
• Proficient in primary research and handling client queries through mails and calls
• Expertise in statistical techniques used in data forecasting, possess strong grip on all aspects of market engineering & data analysis
• Expertise in checking feasibility of projects based on Request for Proposal (RFPs) of clients
• Acquainted with entire process of report writing- Title Analysis, TOC Building, Search Engine Optimization, TOC Freezing, Writing Reports, Market Engineering, Scheduling Primaries, Directory of Key Industry Participants (DKIP), Drafting “Press Articles/Summary/Report Description/Analyst Briefing” used for making marketing collaterals 
• Gained team-work skills in coordinating with the sales teams for business development and meeting needs of a variety of clients hand-in-hand with promoting sales.

Bio :

Manoj Phagare  is a dynamic and results-driven research analyst with a passion for transform...Read More

Author's Conclusion

Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.

The North America Bio-plasticizers Market is witnessing significant growth in the near future.

In 2023, the Epoxidized Soyabean Oil (ESBO) segment accounted for noticeable share of North America Bio-plasticizers Market and is projected to experience significant growth in the near future.

The Packaging Materials segment is expected to expand at the significant CAGR retaining position throughout the forecast period.

Some of the key companies Avient corporation , Cargill and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the market.

Frequently Asked Questions

What is North America Bio-plasticizers market size/share and growth rate?

North America Bio-plasticizersmarket size and its growth rate has been provided in the report. The historical period included in the report is from 2019 to 2023, whereas, the report provides forecast data for the years 2023 to 2030. This will help you to in terms of market share, regional market share, country level market share to understand how the market has been performing in the past and how it is going to perform in the following years. Correspondingly, historical and forecast analysis comprises sales and revenue data of the North America Bio-plasticizersmarket. Market size for UK, Europe, North America, Asia Pacific, Middle East & Africa is also included in the report.

What are the major factors affecting the North America Bio-plasticizers market?

The major factors affecting the North America Bio-plasticizers market in a positive, as well as negative perspective, have been provided with detailed analysis in the report. This segment has encompassed drivers, opportunities, and challenges faced by the industry. This will help you to understand the major factors impacting North America Bio-plasticizers market trends and develop your business strategy accordingly.

Who are the top manufacturers of North America Bio-plasticizers? List of North America Bio-plasticizers Companies and there market trend or market share?

Major manufacturers or list of North America Bio-plasticizers manufacturers 2023 involved in the market have been profiled in the report along with their business strategies, recent developments, SWOT analysis, business overview, and market Trend from the year 2018-2022. North America Bio-plasticizers Companies such as Avient corporation, BASF SE, Cargill, Incorporated, DIC Corporation, The Dow Chemical Company, Evonik Industries AG (RAS-Stifung), Lanxess AG, Solvay SA, ACS Technical Products, Emery Oleochemical LLC are part of the final deliverable document along with the same we can provide data for 2nd, 3rd, start-up level companies data and strategies as well. This will help you to understand the competitive analysis of the market and how other players are performing in the market. This detailed competitive analysis will help you to strategize your business accordingly and will keep you one step ahead. A quantitative and qualitative analysis of the main players in the North America Bio-plasticizers market is introduced, from the perspective of sales, revenue and price.

Which segments are covered under North America Bio-plasticizers market segments analysis?

Under North America Bio-plasticizers market segments analysis Product Type, Application, . It provides detailed insights on each type and application. Further, it provides which sub-segment is dominating the North America Bio-plasticizers market along with its reason. Additionally, the North America Bio-plasticizers market report will help you to analyze which sub-segment is fastest-growing during the forecast period.

What has been the impact of COVID-19 on the North America Bio-plasticizers market?

After the analysis of the complete market, the report has provided how the COVID-19 pandemic has affected the market. All the parameters have covered the overall impact of COVID -19 on the market value, market trend & growth of the market, and how the major players in the particular market are adopting these changes. This will help you to understand the overall optimistic, pessimistic, and neutral effects of the coronavirus pandemic on the North America Bio-plasticizers market.

How the North America Bio-plasticizers market performed till 2023 and how will it perform in the following years?

The North America Bio-plasticizers market has been analyzed thoroughly and has estimated the parameters which have affected the market in the historical period as well as how the market is going to perform in the following years. This will provide a complete market scenario and help you to strategize your next move accordingly to the North America Bio-plasticizers market Share.

Which region is expected to hold the highest market share in the North America Bio-plasticizers market?

The report gives an exhaustive investigation of the North America Bio-plasticizers market at country & regional levels, and provides an analysis of the industry trends in each of the regions, from sales, revenue, and consumption. It will help you to understand which region is dominating the market and is expected to grow significantly in the following years. The regional analysis will help you in strategizing the expansion of business.

What are the parameters used to analyze market position?

North America Bio-plasticizersmarket report has provided PESTEL and Porter analysis to provide insightful information regarding the market scenario. It also provides market attractiveness analysis with an acknowledgment of various factors within the market, including growth rate and market size, as well as outside factors such as access to raw materials, competition, and industry capacity.

How to order Full Report or Sample pages of the North America Bio-plasticizers market?

The sample report for the North America Bio-plasticizers Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.