Global Automotive Bio-Based Plasticizer Market 2024-2030

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    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

     

    Infographic: Automotive Bio-Based Plasticizer Market, Automotive Bio-Based Plasticizer Market Size, Automotive Bio-Based Plasticizer Market Trends, Automotive Bio-Based Plasticizer Market Forecast, Automotive Bio-Based Plasticizer Market Risks, Automotive Bio-Based Plasticizer Market Report, Automotive Bio-Based Plasticizer Market Share

     

    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

     

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

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

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2024-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2024-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
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