| Product Code: ETC4486345 | Publication Date: Jul 2023 | Updated Date: Oct 2025 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
India`s bio plasticizer import market in 2024 saw major contributions from top exporting countries such as China, Germany, USA, Turkey, and Japan. Despite a negative Compound Annual Growth Rate (CAGR) of -1.35% from 2020 to 2024, the market remained concentrated with a high Herfindahl-Hirschman Index (HHI). However, the growth rate in 2024 experienced a significant decline of -9.46% compared to the previous year. This suggests a challenging environment for the bio plasticizer import sector in India, requiring strategic adjustments and market diversification efforts.
The India bio plasticizer market has witnessed significant growth in recent years due to increasing environmental concerns and the need for sustainable alternatives to conventional plasticizers. Bio plasticizers are derived from renewable resources and offer a more eco-friendly solution for industries, such as packaging and construction. With a focus on reducing the environmental impact and complying with regulatory norms, the bio plasticizer market in India is poised for further expansion.
The bioplasticizer market in India is witnessing growth due to increasing awareness of environmental concerns and the shift towards sustainable materials in various industries. Bioplasticizers are derived from renewable sources and are considered more environmentally friendly than traditional plasticizers. Growing environmental regulations and consumer preferences for eco-friendly products are driving manufacturers to develop and use bioplasticizers in various applications, including plastics, adhesives, and coatings.
One of the key challenges in the India Bio Plasticizer market is the higher cost of bio-based plasticizers compared to conventional plasticizers. Bio-based alternatives are generally more environmentally friendly, but their production costs are often higher due to the sourcing and processing of renewable feedstocks.
The bio-plasticizer market in India was influenced by the pandemic`s disruptions in supply chains and manufacturing processes. While there`s a growing emphasis on sustainable and bio-based products, the market experienced a slowdown due to reduced industrial activities. As environmental concerns persist, the bio-plasticizer market is likely to rebound in the post-pandemic era.
Key Players in the market are BASF India Ltd, Eastman Chemical Company, Emery Oleochemicals, Evonik India Pvt Ltd, Hallstar.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Bio Plasticizer Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Bio Plasticizer Market Revenues & Volume, 2021 & 2031F |
3.3 India Bio Plasticizer Market - Industry Life Cycle |
3.4 India Bio Plasticizer Market - Porter's Five Forces |
3.5 India Bio Plasticizer Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Bio Plasticizer Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Bio Plasticizer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about environmental sustainability and the need for eco-friendly alternatives. |
4.2.2 Government initiatives promoting the use of bio-based products to reduce dependency on conventional plasticizers. |
4.2.3 Growing demand from end-user industries such as packaging, construction, and automotive for bio plasticizers. |
4.3 Market Restraints |
4.3.1 High production costs associated with bio plasticizers compared to conventional plasticizers. |
4.3.2 Limited availability of raw materials for bio plasticizer production. |
4.3.3 Lack of standardized regulations and certifications for bio plasticizers in India. |
5 India Bio Plasticizer Market Trends |
6 India Bio Plasticizer Market, By Types |
6.1 India Bio Plasticizer Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Bio Plasticizer Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Bio Plasticizer Market Revenues & Volume, By Sebacates, 2021-2031F |
6.1.4 India Bio Plasticizer Market Revenues & Volume, By Succinic Acid, 2021-2031F |
6.1.5 India Bio Plasticizer Market Revenues & Volume, By Citrates, 2021-2031F |
6.1.6 India Bio Plasticizer Market Revenues & Volume, By Glycerol Esters, 2021-2031F |
6.1.7 India Bio Plasticizer Market Revenues & Volume, By Others, 2021-2031F |
6.1.8 India Bio Plasticizer Market Revenues & Volume, By Epoxides, 2021-2031F |
6.2 India Bio Plasticizer Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Bio Plasticizer Market Revenues & Volume, By Flooring and Walls, 2021-2031F |
6.2.3 India Bio Plasticizer Market Revenues & Volume, By Film and Sheet Coverings, 2021-2031F |
6.2.4 India Bio Plasticizer Market Revenues & Volume, By Wires and Cables, 2021-2031F |
6.2.5 India Bio Plasticizer Market Revenues & Volume, By Coated Fabrics, 2021-2031F |
6.2.6 India Bio Plasticizer Market Revenues & Volume, By Consumer Goods, 2021-2031F |
6.2.7 India Bio Plasticizer Market Revenues & Volume, By Others, 2021-2031F |
7 India Bio Plasticizer Market Import-Export Trade Statistics |
7.1 India Bio Plasticizer Market Export to Major Countries |
7.2 India Bio Plasticizer Market Imports from Major Countries |
8 India Bio Plasticizer Market Key Performance Indicators |
8.1 Percentage of companies in the plasticizer industry investing in research and development of bio-based alternatives. |
8.2 Growth in the number of bio plasticizer manufacturing facilities in India. |
8.3 Adoption rate of bio plasticizers by key end-user industries in the market. |
9 India Bio Plasticizer Market - Opportunity Assessment |
9.1 India Bio Plasticizer Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Bio Plasticizer Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Bio Plasticizer Market - Competitive Landscape |
10.1 India Bio Plasticizer Market Revenue Share, By Companies, 2024 |
10.2 India Bio Plasticizer Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |