바이오 가소제 : 시장 점유율 분석, 업계 동향 및 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the bio-plasticizers market size is estimated at 478.92 kilotons in 2026, and is expected to reach 650.94 kilotons by 2031, at a CAGR of 6.33% during the forecast period (2026-2031).

This report is Segmented by Product Type (Castor Oil, and More), Raw-Material Source (Plant Oils, Organic Acids and Anhydrides, Glycerol Esters, and Others), Application (Wire and Cable, Film and Sheet, Flooring, and More), End-User Industry (Packaging, Building and Construction, and More), and Geography (Asia-Pacific, North America, and More). The Market Forecasts are Provided in Terms of Volume (Tons).

Global Bio-plasticizers Market Trends and Insights

Surging Flexible-PVC Demand from Wire and Cable Insulation

In 2025, wire and cable insulation accounted for a significant share of the bio-plasticizer volume, driven by Asia-Pacific utilities modernizing grids to adhere to low-smoke, halogen-free standards. India's National Infrastructure Pipeline mandates IEC 60502-compliant cables, bolstering demand for epoxidized soybean oil due to its epoxy groups that enhance flame retardancy. Projects in Southeast Asia come with bio-content disclosure clauses, showing a preference for citrates and ESBO. China's tender cycle has front-loaded demand annually, with Vietnam and Indonesia mirroring this grid-expansion strategy. Collectively, these developments provide a sustained growth trajectory for the bio-plasticizers market.

Stringent Phthalate Regulations Accelerating Bio-options Adoption

As regulators tighten exposure limits, phthalate bans are projected to boost the forecast CAGR. Starting in 2027, the U.S. EPA's ban on eight phthalates in consumer goods mandates the annual reformulation of flexible PVC. Meanwhile, the European Chemicals Agency has added four phthalates to the REACH Candidate List, leading retailers to insist on bio-content certification for their private-label products. In California, Proposition 65 lawsuits have further accelerated the industry's shift towards citrate esters. Japan has set a limit on phthalate migration in food-contact films, effectively sidelining traditional plasticizers from supermarket packaging. These coordinated global actions not only eliminate established options but also create a swift market opportunity for bio-alternatives.

Price Volatility of Vegetable Oils

Soybean oil prices increased significantly from January 2024 to December 2025, driven by a drought in Argentina and Brazil's adoption of B15 biodiesel blends. Castor oil prices rose sharply after India restricted exports, putting pressure on formulators in Europe and North America. Palm oil prices experienced fluctuations due to changes in export levies by Indonesia, making glycerol esters more expensive. Small producers operating on short-term spot contracts faced margin compressions and passed on these increased costs, resulting in bio-alternatives being priced higher than phthalates. Unless there's an improvement in feedstock hedging, these cost surges are projected to impact the forecast CAGR negatively.

Other drivers and restraints analyzed in the detailed report include:

1. Rapid Capacity Additions of Bio-refineries in Asia-Pacific
2. Growth of the Sustainable Packaging Industry
3. Performance Gap in High-temperature Applications

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Epoxidized soybean oil held 40.31% of the 2025 volume, demonstrating cost-performance leadership in flexible films. The bio-plasticizers market size for "Other Types" is set to accelerate at an 8.12% CAGR as succinic acid diesters and lignin-based compounds penetrate high-temperature automotive parts. Addressing OEM demands, BASF's North American bio-succinic line produces plasticizers resilient up to 200 °C. Castor oil derivatives meet ISO 10993 biocompatibility standards for medical devices. While citrates lead in food-contact and pharmaceutical films, they grapple with procurement consolidation challenges in Europe. New chemistries, like itaconic acid-brought to market by Itaconix-boast antimicrobial properties, giving them a competitive advantage in healthcare packaging. Highlighting a shift from edible oils, venture capital is increasingly backing lignin-derived methods that utilize cost-negative pulp by-products.

Specialty firms, such as Matrica, are strategically co-locating bio-butanediol and succinic acid production to maximize intermediary margins. Fermentation leaders are producing dioctyl succinate, achieving the flexibility of adipate while reducing carbon footprints. Evonik's VESTINOL range streamlines the qualification process for pharmaceutical clients. By combining epoxidized linseed oil with phosphite stabilizers, hybrid formulations achieve thermal stability exceeding 150 °C. Collectively, these advancements signal a shift towards performance-centric plasticizers, broadening the horizons of the bio-plasticizers market.

Plant oils held a 50.22% share in 2025, yet the bio-plasticizers market size derived from "Other Raw Material Sources" is forecast to grow at a 7.59% CAGR through 2031. Cargill's initiative with non-GMO soybean oil ensures a pharmaceutical-grade supply and secures premium margins. Citric and maleic anhydrides, playing dual roles as pH stabilizers in PVC, captured a significant share. Jungbunzlauer, solidifying its position, allocates a portion of its Swiss citric output to the plasticizer grade.

Glycerol esters grapple with a constrained feedstock as the EU RED-III caps crop-based biodiesel. This limitation curtails glycerol supply, leading to price increases. In response, Emery Oleochemicals has refined crude glycerol to a high purity for pharmaceutical applications. UPM is testing kraft lignin plasticizers, turning pulp waste into profit and avoiding the food-versus-fuel controversy. This strategic shift towards non-food inputs not only mitigates price shocks but also aligns with brand-owner demands for deforestation-free supply chains, enhancing resilience in the bio-plasticizers market.

Complete Report Scope:

• By Product Type
  • Epoxidized Soybean Oil (ESBO)
  • Castor oil
  • Citrates
  • Succinic acid
  • Other Types (Itaconic acid, etc.)
• By Raw-Material Source
  • Plant Oils
  • Organic Acids and Anhydrides
  • Glycerol Esters
  • Others (Lignin-based Compounds, etc.)
• By Application
  • Wire and Cable
  • Film and Sheet
  • Flooring, Roofing and Wall-covering
  • Medical Devices
  • Consumer Goods
  • Other Applications (Automotive Interior Parts, etc.)
• By End-User Industry
  • Packaging
  • Building and Construction
  • Healthcare
  • Electrical and Electronics
  • Automotive
  • Consumer Products
  • Others (Textile, Footwear, etc.)
• By Geography
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • Germany
    • United Kingdom
    • France
    • Italy
    • Rest of Europe
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle-East and Africa
    • Saudi Arabia
    • South Africa
    • Rest of Middle-East and Africa

Geography Analysis

Asia-Pacific held 35.22% of the 2025 volume and is primed for a 7.81% CAGR, fueled by grid infrastructure and emerging packaging mandates. In China, ultra-high-voltage contracts mandate the use of flame-retardant PVC, specifically compatible with ESBO. India's ambitious infrastructure pipeline is leaning towards low-toxicity cables. Japan is incentivizing its manufacturers through Green Transformation subsidies, promoting the adoption of bio-based chemicals, and bolstering domestic compounders. South Korea's K-REACH registration is imposing restrictions on phthalate imports, creating a shift in demand towards local bio-alternatives. Meanwhile, Southeast Asia is channeling funding towards renewables, with an emphasis on bio-content clauses in their procurement processes.

In 2025, North America secured a notable share. With the EPA's phthalate ban set to take effect, the industry is bracing for significant reformulation. Canada's Chemicals Management Plan is closely aligned with U.S. timelines. In Mexico, automotive plants are turning to citrate compounds to ensure compliance with U.S. OEM specifications. Additionally, the USDA BioPreferred program is directing substantial federal spending towards certified plasticizers.

Europe managed to capture a notable share. The Packaging and Packaging Waste Regulation mandates a bio-content requirement for films. Germany's Umweltbundesamt is advocating for bio-plasticizer inclusion in construction products to qualify for subsidies. The UK, post-Brexit, is harmonizing its regulations with REACH, ensuring phthalate limits remain intact. France's AGEC law is taking a firm stance against single-use plastics, nudging converters towards ESBO, which seamlessly integrates into PVC recycling streams. In South America, local soybean oil is being harnessed for ESBO production, and Saudi Arabia's Vision 2030 infrastructure initiative is sparking a budding demand in the Middle East.

1. Avient Corporation
2. Baerlocher GmbH
3. BASF SE
4. Cargill, Incorporated.
5. ChemPoint
6. Danimer Scientific
7. DIC Corporation
8. Dow
9. Emery Oleochemicals
10. Evonik Industries AG
11. Hebei Jingu Plasticizer Co. Ltd.
12. JIAAO ENPROTECH
13. Jungbunzlauer Suisse AG, Basel
14. KLJ Group
15. LANXESS
16. Matrica SpA
17. OXEA GmbH
18. Perstorp
19. PTT Global Chemical Public Company Limited
20. Roquette Freres
21. Teknor Apex

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 Introduction

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 Research Methodology

3 Executive Summary

4 Market Landscape

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Surging flexible-PVC demand from wire and cable insulation
  • 4.2.2 Stringent phthalate regulations accelerating bio-options adoption
  • 4.2.3 Rapid capacity additions of bio-refineries in Asia-Pacific
  • 4.2.4 Growth of the sustainable packaging industry
  • 4.2.5 OEM push for non-migratory plasticizers in medical tubing
• 4.3 Market Restraints
  • 4.3.1 Price volatility of vegetable oils
  • 4.3.2 Performance gap in high-temperature applications
  • 4.3.3 Limited global glycerol surplus after biodiesel blend-rate cuts
• 4.4 Value Chain Analysis
• 4.5 Porter's Five Forces
  • 4.5.1 Bargaining Power of Suppliers
  • 4.5.2 Bargaining Power of Buyers
  • 4.5.3 Threat of New Entrants
  • 4.5.4 Threat of Substitutes
  • 4.5.5 Degree of Competition

5 Market Size and Growth Forecasts (Volume)

• 5.1 By Product Type
  • 5.1.1 Epoxidized Soybean Oil (ESBO)
  • 5.1.2 Castor oil
  • 5.1.3 Citrates
  • 5.1.4 Succinic acid
  • 5.1.5 Other Types (Itaconic acid, etc.)
• 5.2 By Raw-Material Source
  • 5.2.1 Plant Oils
  • 5.2.2 Organic Acids and Anhydrides
  • 5.2.3 Glycerol Esters
  • 5.2.4 Others (Lignin-based Compounds, etc.)
• 5.3 By Application
  • 5.3.1 Wire and Cable
  • 5.3.2 Film and Sheet
  • 5.3.3 Flooring, Roofing and Wall-covering
  • 5.3.4 Medical Devices
  • 5.3.5 Consumer Goods
  • 5.3.6 Other Applications (Automotive Interior Parts, etc.)
• 5.4 By End-User Industry
  • 5.4.1 Packaging
  • 5.4.2 Building and Construction
  • 5.4.3 Healthcare
  • 5.4.4 Electrical and Electronics
  • 5.4.5 Automotive
  • 5.4.6 Consumer Products
  • 5.4.7 Others (Textile, Footwear, etc.)
• 5.5 By Geography
  • 5.5.1 Asia-Pacific
    • 5.5.1.1 China
    • 5.5.1.2 India
    • 5.5.1.3 Japan
    • 5.5.1.4 South Korea
    • 5.5.1.5 Rest of Asia-Pacific
  • 5.5.2 North America
    • 5.5.2.1 United States
    • 5.5.2.2 Canada
    • 5.5.2.3 Mexico
  • 5.5.3 Europe
    • 5.5.3.1 Germany
    • 5.5.3.2 United Kingdom
    • 5.5.3.3 France
    • 5.5.3.4 Italy
    • 5.5.3.5 Rest of Europe
  • 5.5.4 South America
    • 5.5.4.1 Brazil
    • 5.5.4.2 Argentina
    • 5.5.4.3 Rest of South America
  • 5.5.5 Middle-East and Africa
    • 5.5.5.1 Saudi Arabia
    • 5.5.5.2 South Africa
    • 5.5.5.3 Rest of Middle-East and Africa

6 Competitive Landscape

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share(%)/Ranking Analysis
• 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials, Strategic Information, Products and Services, Recent Developments)
  • 6.4.1 Avient Corporation
  • 6.4.2 Baerlocher GmbH
  • 6.4.3 BASF SE
  • 6.4.4 Cargill, Incorporated.
  • 6.4.5 ChemPoint
  • 6.4.6 Danimer Scientific
  • 6.4.7 DIC Corporation
  • 6.4.8 Dow
  • 6.4.9 Emery Oleochemicals
  • 6.4.10 Evonik Industries AG
  • 6.4.11 Hebei Jingu Plasticizer Co. Ltd.
  • 6.4.12 JIAAO ENPROTECH
  • 6.4.13 Jungbunzlauer Suisse AG, Basel
  • 6.4.14 KLJ Group
  • 6.4.15 LANXESS
  • 6.4.16 Matrica SpA
  • 6.4.17 OXEA GmbH
  • 6.4.18 Perstorp
  • 6.4.19 PTT Global Chemical Public Company Limited
  • 6.4.20 Roquette Freres
  • 6.4.21 Teknor Apex

7 Market Opportunities and Future Outlook

• 7.1 White-space and Unmet-Need Assessment