North America Bio Plasticizers Market Size, Share & Trends Analysis Report By Product (Epoxidized Soyabean Oil (ESBO), Castor Oil-based Plasticizer, Citrates, Succinic Acid, and Others), By Application, By Country and Growth Forecast, 2024

Description

List of Tables

The North America Bio Plasticizers Market would witness market growth of 7.8% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 305.40 Kilo Tonnes, showcasing a growth of 12.6% (2020-2023).

Epoxidized Soybean Oil (ESBO) serves as a prominent bio plasticizer in the market, offering a sustainable alternative to traditional phthalate-based plasticizers. ESBO is derived from soybean oil through epoxidation, a process that introduces epoxy groups into the oil's structure. This modification enhances ESBO's plasticizing properties, making it an effective additive in polymer formulations to improve flexibility, durability, and thermal stability. Hence, the total consumption of Epoxidized Soybean Oil in the US Market was 130.94 Kilo Tonnes in 2023.

The US market dominated the North America Bio Plasticizers Market by Country in 2023 and would continue to be a dominant market till 2031; thereby, achieving a market value of $987.1 million by 2031. The Canada market is experiencing a CAGR of 9.9% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 9.3% during (2024 - 2031).

Bio plasticizers are plastic additives that improve their flexibility, workability, and durability. They are derived from renewable resources such as plant oils, corn, and sugarcane, making them more environmentally friendly than traditional plasticizers derived from fossil fuels. These are used in various industries, including construction, automotive, and packaging, as a safer and more sustainable alternative to conventional plasticizers.

The market is undergoing a significant transformation driven by increasing environmental concerns, regulatory pressure, and a growing demand for sustainable alternatives. Plasticizers are essential additives used in the production of plastics to improve their flexibility, workability, and durability. They are commonly added to PVC (polyvinyl chloride) and other polymer products to impart desired properties.

The rising demand for bio-plasticizers in North America can be attributed to several factors, including the region's significant automotive and packaging industries. Mexico, for example, is a key player in the automotive sector, ranking as the world's seventh-largest passenger vehicle manufacturer, with 3.5 million vehicles produced annually. Thus, its demand in North America is rising, driven by the region's significant automotive, packaging, and agriculture industries.

Based on Product, the market is segmented into Epoxidized Soyabean Oil (ESBO), Castor Oil-based Plasticizer, Citrates, Succinic Acid, and Others. Based on Application, the market is segmented into Packaging Materials, Consumer Goods, Automotive & Transport, Building & Construction, Textile, Agriculture & Horticulture, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

Avient Corporation
BASF SE
Cargill, Incorporated
DIC Corporation
The Dow Chemical Company
Evonik Industries AG (RAG-Stifung)
Lanxess AG
Solvay SA
ACS Technical Products
Emery Oleochemicals LLC

North America Bio Plasticizers Market Report Segmentation

By Product (Volume, Kilo Tonnes, USD Billion, 2020-2031)

Epoxidized Soyabean Oil (ESBO)
Castor Oil-based Plasticizer
Citrates
Succinic Acid
Others

By Application (Volume, Kilo Tonnes, USD Billion, 2020-2031)

Packaging Materials
Consumer Goods
Automotive & Transport
Building & Construction
Textile
Agriculture & Horticulture
Others

By Country (Volume, Kilo Tonnes, USD Billion, 2020-2031)

US
Canada
Mexico
Rest of North America

Chapter 1.Market Scope & Methodology

1.1Market Definition
1.2Objectives
1.3Market Scope
1.4Segmentation
- 1.4.1North America Bio Plasticizers Market, by Product
- 1.4.2North America Bio Plasticizers Market, by Application
- 1.4.3North America Bio Plasticizers Market, by Country
1.5Methodology for the research

Chapter 2.Market at a Glance

2.1Key Highlights

Chapter 3.Market Overview

3.1Introduction
- 3.1.1Overview
  - 3.1.1.1Market Composition and Scenario
3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Opportunities
- 3.2.3Market Restraints
- 3.2.4Market Challenges
3.3Porter's Five Forces Analysis

Chapter 4.North America Bio Plasticizers Market by Product

4.1North America Epoxidized Soyabean Oil (ESBO) Market by Country
4.2North America Castor Oil-based Plasticizer Market by Country
4.3North America Citrates Market by Country
4.4North America Succinic Acid Market by Country
4.5North America Others Market by Country

Chapter 5.North America Bio Plasticizers Market by Application

5.1North America Packaging Materials Market by Country
5.2North America Consumer Goods Market by Country
5.3North America Automotive & Transport Market by Country
5.4North America Building & Construction Market by Country
5.5North America Textile Market by Country
5.6North America Agriculture & Horticulture Market by Country
5.7North America Others Market by Country

Chapter 6.North America Bio Plasticizers Market by Country

6.1US Bio Plasticizers Market
- 6.1.1US Bio Plasticizers Market by Product
- 6.1.2US Bio Plasticizers Market by Application
6.2Canada Bio Plasticizers Market
- 6.2.1Canada Bio Plasticizers Market by Product
- 6.2.2Canada Bio Plasticizers Market by Application
6.3Mexico Bio Plasticizers Market
- 6.3.1Mexico Bio Plasticizers Market by Product
- 6.3.2Mexico Bio Plasticizers Market by Application
6.4Rest of North America Bio Plasticizers Market
- 6.4.1Rest of North America Bio Plasticizers Market by Product
- 6.4.2Rest of North America Bio Plasticizers Market by Application

Chapter 7.Company Profiles

7.1Avient Corporation
- 7.1.1Company Overview
- 7.1.2Financial Analysis
- 7.1.3Segmental and Regional Analysis
- 7.1.4Research & Development Expenses
- 7.1.5Recent strategies and developments:
  - 7.1.5.1Acquisition and Mergers:
- 7.1.6SWOT Analysis
7.2BASF SE
- 7.2.1Company Overview
- 7.2.2Financial Analysis
- 7.2.3Segmental and Regional Analysis
- 7.2.4Research & Development Expense
- 7.2.5Recent strategies and developments:
  - 7.2.5.1Partnerships, Collaborations, and Agreements:
- 7.2.6SWOT Analysis
7.4DIC Corporation
- 7.4.1Company Overview
- 7.4.2Financial Analysis
- 7.4.3Segmental and Regional Analysis
- 7.4.4Research & Development Expenses
- 7.4.5SWOT Analysis
7.5The Dow Chemical Company
- 7.5.1Company Overview
- 7.5.2Financial Analysis
- 7.5.3Segmental and Regional Analysis
- 7.5.4Research & Development Expenses
- 7.5.5SWOT Analysis
7.6Evonik Industries AG (RAG-Stiftung)
- 7.6.1Company Overview
- 7.6.2Financial Analysis
- 7.6.3Segmental and Regional Analysis
- 7.6.4Research & Development Expenses
- 7.6.5Recent strategies and developments:
  - 7.6.5.1Product Launches and Product Expansions:
- 7.6.6SWOT Analysis
7.7Lanxess AG
- 7.7.1Company Overview
- 7.7.2Financial Analysis
- 7.7.3Segmental and Regional Analysis
- 7.7.4Research & Development Expenses
- 7.7.5Recent strategies and developments:
  - 7.7.5.1Partnerships, Collaborations, and Agreements:
  - 7.7.5.2Acquisition and Mergers:
- 7.7.6SWOT Analysis
7.8Solvay SA
- 7.8.1Company Overview
- 7.8.2Financial Analysis
- 7.8.3Segmental and Regional Analysis
- 7.8.4Research & Development Expenses
- 7.8.5SWOT Analysis
7.9ACS Technical Products
- 7.9.1Company Overview
- 7.9.2SWOT Analysis
7.10.Emery Oleochemicals LLC
- 7.10.1Company Overview
- 7.10.2SWOT Analysis

LIST OF TABLES

TABLE 1North America Bio Plasticizers Market, 2020 - 2023, USD Million
TABLE 2North America Bio Plasticizers Market, 2024 - 2031, USD Million
TABLE 3North America Bio Plasticizers Market, 2020 - 2023, Kilo Tonnes
TABLE 4North America Bio Plasticizers Market, 2024 - 2031, Kilo Tonnes
TABLE 5North America Bio Plasticizers Market by Product, 2020 - 2023, USD Million
TABLE 6North America Bio Plasticizers Market by Product, 2024 - 2031, USD Million
TABLE 7North America Bio Plasticizers Market by Product, 2020 - 2023, Kilo Tonnes
TABLE 8North America Bio Plasticizers Market by Product, 2024 - 2031, Kilo Tonnes
TABLE 9North America Epoxidized Soyabean Oil (ESBO) Market by Country, 2020 - 2023, USD Million
TABLE 10North America Epoxidized Soyabean Oil (ESBO) Market by Country, 2024 - 2031, USD Million
TABLE 11North America Epoxidized Soyabean Oil (ESBO) Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 12North America Epoxidized Soyabean Oil (ESBO) Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 13North America Castor Oil-based Plasticizer Market by Country, 2020 - 2023, USD Million
TABLE 14North America Castor Oil-based Plasticizer Market by Country, 2024 - 2031, USD Million
TABLE 15North America Castor Oil-based Plasticizer Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 16North America Castor Oil-based Plasticizer Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 17North America Citrates Market by Country, 2020 - 2023, USD Million
TABLE 18North America Citrates Market by Country, 2024 - 2031, USD Million
TABLE 19North America Citrates Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 20North America Citrates Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 21North America Succinic Acid Market by Country, 2020 - 2023, USD Million
TABLE 22North America Succinic Acid Market by Country, 2024 - 2031, USD Million
TABLE 23North America Succinic Acid Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 24North America Succinic Acid Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 25North America Others Market by Country, 2020 - 2023, USD Million
TABLE 26North America Others Market by Country, 2024 - 2031, USD Million
TABLE 27North America Others Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 28North America Others Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 29North America Bio Plasticizers Market by Application, 2020 - 2023, USD Million
TABLE 30North America Bio Plasticizers Market by Application, 2024 - 2031, USD Million
TABLE 31North America Bio Plasticizers Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 32North America Bio Plasticizers Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 33North America Packaging Materials Market by Country, 2020 - 2023, USD Million
TABLE 34North America Packaging Materials Market by Country, 2024 - 2031, USD Million
TABLE 35North America Packaging Materials Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 36North America Packaging Materials Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 37North America Consumer Goods Market by Country, 2020 - 2023, USD Million
TABLE 38North America Consumer Goods Market by Country, 2024 - 2031, USD Million
TABLE 39North America Consumer Goods Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 40North America Consumer Goods Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 41North America Automotive & Transport Market by Country, 2020 - 2023, USD Million
TABLE 42North America Automotive & Transport Market by Country, 2024 - 2031, USD Million
TABLE 43North America Automotive & Transport Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 44North America Automotive & Transport Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 45North America Building & Construction Market by Country, 2020 - 2023, USD Million
TABLE 46North America Building & Construction Market by Country, 2024 - 2031, USD Million
TABLE 47North America Building & Construction Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 48North America Building & Construction Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 49North America Textile Market by Country, 2020 - 2023, USD Million
TABLE 50North America Textile Market by Country, 2024 - 2031, USD Million
TABLE 51North America Textile Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 52North America Textile Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 53North America Agriculture & Horticulture Market by Country, 2020 - 2023, USD Million
TABLE 54North America Agriculture & Horticulture Market by Country, 2024 - 2031, USD Million
TABLE 55North America Agriculture & Horticulture Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 56North America Agriculture & Horticulture Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 57North America Others Market by Country, 2020 - 2023, USD Million
TABLE 58North America Others Market by Country, 2024 - 2031, USD Million
TABLE 59North America Others Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 60North America Others Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 61North America Bio Plasticizers Market by Country, 2020 - 2023, USD Million
TABLE 62North America Bio Plasticizers Market by Country, 2024 - 2031, USD Million
TABLE 63North America Bio Plasticizers Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 64North America Bio Plasticizers Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 65US Bio Plasticizers Market, 2020 - 2023, USD Million
TABLE 66US Bio Plasticizers Market, 2024 - 2031, USD Million
TABLE 67US Bio Plasticizers Market, 2020 - 2023, Kilo Tonnes
TABLE 68US Bio Plasticizers Market, 2024 - 2031, Kilo Tonnes
TABLE 69US Bio Plasticizers Market by Product, 2020 - 2023, USD Million
TABLE 70US Bio Plasticizers Market by Product, 2024 - 2031, USD Million
TABLE 71US Bio Plasticizers Market by Product, 2020 - 2023, Kilo Tonnes
TABLE 72US Bio Plasticizers Market by Product, 2024 - 2031, Kilo Tonnes
TABLE 73US Bio Plasticizers Market by Application, 2020 - 2023, USD Million
TABLE 74US Bio Plasticizers Market by Application, 2024 - 2031, USD Million
TABLE 75US Bio Plasticizers Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 76US Bio Plasticizers Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 77Canada Bio Plasticizers Market, 2020 - 2023, USD Million
TABLE 78Canada Bio Plasticizers Market, 2024 - 2031, USD Million
TABLE 79Canada Bio Plasticizers Market, 2020 - 2023, Kilo Tonnes
TABLE 80Canada Bio Plasticizers Market, 2024 - 2031, Kilo Tonnes
TABLE 81Canada Bio Plasticizers Market by Product, 2020 - 2023, USD Million
TABLE 82Canada Bio Plasticizers Market by Product, 2024 - 2031, USD Million
TABLE 83Canada Bio Plasticizers Market by Product, 2020 - 2023, Kilo Tonnes
TABLE 84Canada Bio Plasticizers Market by Product, 2024 - 2031, Kilo Tonnes
TABLE 85Canada Bio Plasticizers Market by Application, 2020 - 2023, USD Million
TABLE 86Canada Bio Plasticizers Market by Application, 2024 - 2031, USD Million
TABLE 87Canada Bio Plasticizers Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 88Canada Bio Plasticizers Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 89Mexico Bio Plasticizers Market, 2020 - 2023, USD Million
TABLE 90Mexico Bio Plasticizers Market, 2024 - 2031, USD Million
TABLE 91Mexico Bio Plasticizers Market, 2020 - 2023, Kilo Tonnes
TABLE 92Mexico Bio Plasticizers Market, 2024 - 2031, Kilo Tonnes
TABLE 93Mexico Bio Plasticizers Market by Product, 2020 - 2023, USD Million
TABLE 94Mexico Bio Plasticizers Market by Product, 2024 - 2031, USD Million
TABLE 95Mexico Bio Plasticizers Market by Product, 2020 - 2023, Kilo Tonnes
TABLE 96Mexico Bio Plasticizers Market by Product, 2024 - 2031, Kilo Tonnes
TABLE 97Mexico Bio Plasticizers Market by Application, 2020 - 2023, USD Million
TABLE 98Mexico Bio Plasticizers Market by Application, 2024 - 2031, USD Million
TABLE 99Mexico Bio Plasticizers Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 100Mexico Bio Plasticizers Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 101Rest of North America Bio Plasticizers Market, 2020 - 2023, USD Million
TABLE 102Rest of North America Bio Plasticizers Market, 2024 - 2031, USD Million
TABLE 103Rest of North America Bio Plasticizers Market, 2020 - 2023, Kilo Tonnes
TABLE 104Rest of North America Bio Plasticizers Market, 2024 - 2031, Kilo Tonnes
TABLE 105Rest of North America Bio Plasticizers Market by Product, 2020 - 2023, USD Million
TABLE 106Rest of North America Bio Plasticizers Market by Product, 2024 - 2031, USD Million
TABLE 107Rest of North America Bio Plasticizers Market by Product, 2020 - 2023, Kilo Tonnes
TABLE 108Rest of North America Bio Plasticizers Market by Product, 2024 - 2031, Kilo Tonnes
TABLE 109Rest of North America Bio Plasticizers Market by Application, 2020 - 2023, USD Million
TABLE 110Rest of North America Bio Plasticizers Market by Application, 2024 - 2031, USD Million
TABLE 111Rest of North America Bio Plasticizers Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 112Rest of North America Bio Plasticizers Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 113Key Information - Avient Corporation
TABLE 114Key Information - BASF SE
TABLE 115Key Information - Cargill, Incorporated
TABLE 116Key Information - DIC Corporation
TABLE 117Key Information - The Dow Chemical Company
TABLE 118Key Information - Evonik Industries AG
TABLE 119Key Information - Lanxess AG
TABLE 120Key Information - Solvay SA
TABLE 121Key Information - ACS Technical Products
TABLE 122Key Information - Emery Oleochemicals LLC

North America Bio Plasticizers Market Size, Share & Trends Analysis Report By Product (Epoxidized Soyabean Oil (ESBO), Castor Oil-based Plasticizer, Citrates, Succinic Acid, and Others), By Application, By Country and Growth Forecast, 2024 - 2031