Global Bio-Plasticizer Market Report to 2025-Trends Switzerland

  • Global Bio-Plasticizer Market Report to 2025-Trends Switzerland
  • Global Bio-Plasticizer Market Report to 2025-Trends Switzerland
  • Global Bio-Plasticizer Market Report to 2025-Trends Switzerland
  • What is the outlook for the bio-based plasticizers market?
  • The high cost of bio-plasticizers, when compared with conventional plasticizers, is likely to hinder the growth of the market. Ongoing research on bio-based plasticizers is likely to create opportunities for the market during the forecast period. The Asia-Pacific region is expected to dominate the market.
  • What is the global bioplastics market size?
  • Thanks again for some really good work.” - U.S.-based biotechnology company focussing on treatment of chronic pain. The global bioplastics market size is projected to grow from $7,616.0 million in 2021 to $15,552.3 million in 2028 at a CAGR of 10.7%.
  • What is the value of the bio-plasticizers market?
  • In 2020, the total value of new construction was about USD 1,469 billion in the United States, reaching about USD 1,590 billion in 2021, with a growth rate of 8%. This led to an increase in the demand for flooring and wall covering, which, in turn, increased the demand for the bio-plasticizers market.
  • How bioplastics market is growing in Europe?
  • Currently, the region holds about 25% of production of bioplastics as per the data by the European Bioplastics. In addition, a robust automotive industry and the increasing demand for bio-based packaging products by various manufacturers in the region are expected to favor the market growth.
  • Why is bioplastic a growing market in agriculture & horticulture?
  • Furthermore, besides fostering plant growth, bioplastic decomposes naturally, enriching the soil in the process. Hence, the demand for such bio-based plastics is on the rise in agriculture and horticulture, which is poised to generate favorable growth prospects for the global market during the forecast period.
  • Why is the global bioplastics industry growing?
  • This development is driven by rising demand combined with the emergence of more sophisticated applications and products. Global bioplastics production capacity is set to increase significantly from around 2.18 million tonnes in 2023 to approximately 7.43 million tonnes in 2028.

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