AUTOMOTIVE BIO-BASED PLASTICIZER MARKET

INTRODUCTION

 Bio-based Plasticizers – They are based on epoxidized soybean oil (ESBO), epoxidized linseed oil (ELO), castor oil, palm oil, other vegetable oils, starches, sugars etc. Others – Includes Phosphates, Chlorinated Paraffins, Alkyl Sulfonic Acid Esters and more.

Bio-based Plasticizer is a diacetyl epoxidized vegetable-oleic acid glyceride. It is an environmental friendly plasticizer to maintain softness and flexibility at varying temperature ranges. This bio-based plasticizer is a biodegradable and renewable replacement and alternative for phthalate plasticizers.

Plasticizers are added to plastics to make them flexible, pliable, and processable. There are two types of plasticizers:  the primary plasticizer and the secondary plasticizer or extender. The primary plasticizer improves the elongation and softness of the plastic.

Most common plasticizer chemistries include citrates, benzoates, ortho-phthalates, terephthalates, adipates, azelates, sebacates, and taramellites. Plasticizers are the most common additives used in the plastics industry.

Bioplastics are currently used in disposable items like packaging, containers, straws, bags and bottles, and in non-disposable carpet, plastic piping, phone casings, 3D printing, car insulation and medical implants.

 AUTOMOTIVE BIO-BASED PLASTICIZER MARKET SIZE AND FORECAST

Global automotive bio-based plasticizer market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

AUTOMOTIVE BIO-BASED PLASTICIZER MARKET NEW PRODUCT LAUNCH

Evonik adds phthalate-free and bio-based products to plasticizer portfolio, boosts US precipitated silica capacity. Evonik Industries has revealed plans to launch a new generation of plasticizers for polyvinyl chloride (PVC), expanding its range of sustainable plasticizers to include phthalate-free and bio-based products.

The new plasticizers will be manufactured at facilities being constructed at the company's Marl Chemical Park site. Evonik reports that total investment in the project is in the double-digit million Euro range. Evonik launched a new generation of PVC plasticizers this year with its new ELATUR product brand.

With this strategic portfolio addition, Evonik is consistently expanding its product range of sustainable plasticizers. The ELATUR CH phthalate-free plasticizer is particularly suitable for sensitive PVC applications such as articles of everyday use that come into direct contact with the skin.

Production of the phthalate-free plasticizer 1,2-cyclohexane dicarboxylic acid diisononyl ester started at a new production facility of Evonik at the Marl Chemical Park. The facility has an annual capacity of 40,000 metric tons.

Based on the company's consistent research efforts, the new generation of plasticizers will be gradually expanded with further innovative products in the future. That will also include marketing additional bio-based plasticizers to be launched by Evonik as part of its ELATUR brand.

AUTOMOTIVE BIO-BASED PLASTICIZER MARKET COMPANY PROFILE

• Evonik
• Perstorp
• Interplas
• Pevalen
• Cargill

THIS AUTOMOTIVE BIO-BASED PLASTICIZER MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How manyautomotive bio-based plasticizerare manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Globalautomotive bio-based plasticizerand key vendor selection criteria
3. Where is theautomotive bio-based plasticizermanufactured? What is the average margin per unit?
4. Market share of Globalautomotive bio-based plasticizermarket manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Globalautomotive bio-based plasticizerin-house
6. key predictions for next 5 years in Globalautomotive bio-based plasticizermarket
7. Average B-2-Bautomotive bio-based plasticizermarket price in all segments
8. Latest trends inautomotive bio-based plasticizermarket, by every market segment
9. The market size (both volume and value) of theautomotive bio-based plasticizermarket in 2023-2030 and every year in between?
10. Production breakup ofautomotive bio-based Plasticizermarket, by suppliers and their OEM relationship