Delray Beach, FL, April 25, 2025 (GLOBE NEWSWIRE) — In terms of value, the Eco-Friendly Plasticizers Market is projected to reach USD 7.55 billion by 2030 from USD 5.03 billion in 2024, at a CAGR of 7.0%, as per the recent study by MarketsandMarkets™. The global market for eco-friendly plasticizers is expected to expand with great volumes because of ever-rising demand from sectors such as packaging, construction, automotive, and consumer goods. Eco-friendly plasticizers are integral additives that improve the flexibility and durability of polymers but are derived from renewable biomass resources such as agricultural by-products and waste. This increase in environment-friendly alternatives is primarily due to health factors resulting from the use of traditional plasticizers that consist of toxic phthalates and cause harmful environmental impacts.
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Browse in-depth TOC on “Eco-Friendly Plasticizers Market”
235 – Market Data Tables
42 – Figures
255 – Pages
List of Key Players in Eco-Friendly Plasticizers Market:
- BASF (Germany),
- Eastman Chemical Company (US),
- Evonik Industries AG (Germany),
- Lanxess (Germany),
- Dow Chemical Company (US),
- DIC Corporation (Japan),
- Cargill, Incorporated. (US),
- Arkema Group (France),
- LG Chem (South Korea),
- Valtris Specialty Chemicals (US)
Drivers, Opportunities and Challenges in Eco-Friendly Plasticizers Market:
- Drivers: Stringent norms & regulations to drive the market
- Restraint: Higher price of non-phthalate plasticizers in comparison to phthalate plasticizers
- Opportunity: Growing awareness about the harmful effects associated with the use of phthalate plasticizers
- Challenge: Poor performance and incompatibility of few non- phthalate plasticizers
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Key Findings of the Study:
- Packaging sector is …