The Latin America, Middle East and Africa Bio Plasticizers Market would witness market growth of 9.6% CAGR during the forecast period (2024-2031). In the year 2027, the LAMEA market's volume is expected to surge to 158.03 Kilo Tonnes, showcasing a growth of 9.8% (2024-2031).
Succinic acid is emerging as a promising bio plasticizer in the market due to its renewable and sustainable attributes. Derived from renewable feedstocks such as biomass, succinic acid offers an eco-friendly alternative to petroleum-based plasticizers. It is commonly used as a building block in the synthesis of various polymers and plasticizers, including succinate-based esters, which exhibit excellent plasticizing properties. In terms of volume, the consumption of Succinic acid in the Brazil Market was 5.07 Kilo Tonnes in 2023.
The Brazil market dominated the LAMEA Bio Plasticizers Market by Country in 2023 and would continue to be a dominant market till 2031; thereby, achieving a market value of $104.3 million by 2031. The Argentina market is showcasing a CAGR of 10.8% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 9.3% during (2024 - 2031).
Bio plasticizers are used in the manufacturing interior components such as dashboards and door panels in the automotive industry. These bio-based materials help automakers reduce the use of fossil fuel-derived plasticizers and meet regulatory requirements for sustainable materials in vehicles. Additionally, these can improve the overall sustainability of vehicles by reducing their carbon footprint.
The construction industry is also a major consumer of these, particularly in producing PVC pipes and fittings. Bio-based plasticizers augment the flexibility and longevity of PVC products, rendering them amenable to an extensive array of construction-related applications. Contractors and builders can reduce the negative environmental effects of their projects and comply with regulatory requirements for sustainable building materials by utilizing bio plasticizers.
The rising use of these in the LAMEA region is evident in the construction industry, where sustainable practices are becoming increasingly important. In the UAE, for example, the construction industry is expected to recover significantly over the next five years, with a projected value increase of 3.7% and 4.7%, as the International Trade Administration (ITA) reported. Thus, the construction and industrial sectors in the LAMEA region are driving its rising use, reflecting a broader trend towards sustainability and environmental consciousness in the region's industries. Thus, the construction and industrial sectors in the LAMEA region are driving the rising use of bio plasticizers, reflecting a broader trend towards sustainability and environmental consciousness in the region's industries.
Free Valuable Insights: The Worldwide Bio Plasticizers Market is Projected to reach USD 5.4 Billion by 2031, at a CAGR of 8.4%
Based on Product, the market is segmented into Epoxidized Soyabean Oil (ESBO), Castor Oil-based Plasticizer, Citrates, Succinic Acid, and Others. Based on Application, the market is segmented into Packaging Materials, Consumer Goods, Automotive & Transport, Building & Construction, Textile, Agriculture & Horticulture, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- Avient Corporation
- BASF SE
- Cargill, Incorporated
- DIC Corporation
- The Dow Chemical Company
- Evonik Industries AG (RAG-Stifung)
- Lanxess AG
- Solvay SA
- ACS Technical Products
- Emery Oleochemicals LLC
LAMEA Bio Plasticizers Market Report Segmentation
By Product (Volume, Kilo Tonnes, USD Billion, 2020-2031)
- Epoxidized Soyabean Oil (ESBO)
- Castor Oil-based Plasticizer
- Citrates
- Succinic Acid
- Others
By Application (Volume, Kilo Tonnes, USD Billion, 2020-2031)
- Packaging Materials
- Consumer Goods
- Automotive & Transport
- Building & Construction
- Textile
- Agriculture & Horticulture
- Others
By Country (Volume, Kilo Tonnes, USD Billion, 2020-2031)
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
TABLE 1 LAMEA Bio Plasticizers Market, 2020 - 2023, USD Million
TABLE 2 LAMEA Bio Plasticizers Market, 2024 - 2031, USD Million
TABLE 3 LAMEA Bio Plasticizers Market, 2020 - 2023, Kilo Tonnes
TABLE 4 LAMEA Bio Plasticizers Market, 2024 - 2031, Kilo Tonnes
TABLE 5 LAMEA Bio Plasticizers Market by Product, 2020 - 2023, USD Million
TABLE 6 LAMEA Bio Plasticizers Market by Product, 2024 - 2031, USD Million
TABLE 7 LAMEA Bio Plasticizers Market by Product, 2020 - 2023, Kilo Tonnes
TABLE 8 LAMEA Bio Plasticizers Market by Product, 2024 - 2031, Kilo Tonnes
TABLE 9 LAMEA Epoxidized Soyabean Oil (ESBO) Market by Country, 2020 - 2023, USD Million
TABLE 10 LAMEA Epoxidized Soyabean Oil (ESBO) Market by Country, 2024 - 2031, USD Million
TABLE 11 LAMEA Epoxidized Soyabean Oil (ESBO) Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 12 LAMEA Epoxidized Soyabean Oil (ESBO) Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 13 LAMEA Castor Oil-based Plasticizer Market by Country, 2020 - 2023, USD Million
TABLE 14 LAMEA Castor Oil-based Plasticizer Market by Country, 2024 - 2031, USD Million
TABLE 15 LAMEA Castor Oil-based Plasticizer Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 16 LAMEA Castor Oil-based Plasticizer Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 17 LAMEA Citrates Market by Country, 2020 - 2023, USD Million
TABLE 18 LAMEA Citrates Market by Country, 2024 - 2031, USD Million
TABLE 19 LAMEA Citrates Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 20 LAMEA Citrates Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 21 LAMEA Succinic Acid Market by Country, 2020 - 2023, USD Million
TABLE 22 LAMEA Succinic Acid Market by Country, 2024 - 2031, USD Million
TABLE 23 LAMEA Succinic Acid Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 24 LAMEA Succinic Acid Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 25 LAMEA Others Market by Country, 2020 - 2023, USD Million
TABLE 26 LAMEA Others Market by Country, 2024 - 2031, USD Million
TABLE 27 LAMEA Others Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 28 LAMEA Others Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 29 LAMEA Bio Plasticizers Market by Application, 2020 - 2023, USD Million
TABLE 30 LAMEA Bio Plasticizers Market by Application, 2024 - 2031, USD Million
TABLE 31 LAMEA Bio Plasticizers Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 32 LAMEA Bio Plasticizers Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 33 LAMEA Packaging Materials Market by Country, 2020 - 2023, USD Million
TABLE 34 LAMEA Packaging Materials Market by Country, 2024 - 2031, USD Million
TABLE 35 LAMEA Packaging Materials Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 36 LAMEA Packaging Materials Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 37 LAMEA Consumer Goods Market by Country, 2020 - 2023, USD Million
TABLE 38 LAMEA Consumer Goods Market by Country, 2024 - 2031, USD Million
TABLE 39 LAMEA Consumer Goods Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 40 LAMEA Consumer Goods Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 41 LAMEA Automotive & Transport Market by Country, 2020 - 2023, USD Million
TABLE 42 LAMEA Automotive & Transport Market by Country, 2024 - 2031, USD Million
TABLE 43 LAMEA Automotive & Transport Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 44 LAMEA Automotive & Transport Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 45 LAMEA Building & Construction Market by Country, 2020 - 2023, USD Million
TABLE 46 LAMEA Building & Construction Market by Country, 2024 - 2031, USD Million
TABLE 47 LAMEA Building & Construction Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 48 LAMEA Building & Construction Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 49 LAMEA Textile Market by Country, 2020 - 2023, USD Million
TABLE 50 LAMEA Textile Market by Country, 2024 - 2031, USD Million
TABLE 51 LAMEA Textile Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 52 LAMEA Textile Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 53 LAMEA Agriculture & Horticulture Market by Country, 2020 - 2023, USD Million
TABLE 54 LAMEA Agriculture & Horticulture Market by Country, 2024 - 2031, USD Million
TABLE 55 LAMEA Agriculture & Horticulture Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 56 LAMEA Agriculture & Horticulture Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 57 LAMEA Others Market by Country, 2020 - 2023, USD Million
TABLE 58 LAMEA Others Market by Country, 2024 - 2031, USD Million
TABLE 59 LAMEA Others Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 60 LAMEA Others Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 61 LAMEA Bio Plasticizers Market by Country, 2020 - 2023, USD Million
TABLE 62 LAMEA Bio Plasticizers Market by Country, 2024 - 2031, USD Million
TABLE 63 LAMEA Bio Plasticizers Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 64 LAMEA Bio Plasticizers Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 65 Brazil Bio Plasticizers Market, 2020 - 2023, USD Million
TABLE 66 Brazil Bio Plasticizers Market, 2024 - 2031, USD Million
TABLE 67 Brazil Bio Plasticizers Market, 2020 - 2023, Kilo Tonnes
TABLE 68 Brazil Bio Plasticizers Market, 2024 - 2031, Kilo Tonnes
TABLE 69 Brazil Bio Plasticizers Market by Product, 2020 - 2023, USD Million
TABLE 70 Brazil Bio Plasticizers Market by Product, 2024 - 2031, USD Million
TABLE 71 Brazil Bio Plasticizers Market by Product, 2020 - 2023, Kilo Tonnes
TABLE 72 Brazil Bio Plasticizers Market by Product, 2024 - 2031, Kilo Tonnes
TABLE 73 Brazil Bio Plasticizers Market by Application, 2020 - 2023, USD Million
TABLE 74 Brazil Bio Plasticizers Market by Application, 2024 - 2031, USD Million
TABLE 75 Brazil Bio Plasticizers Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 76 Brazil Bio Plasticizers Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 77 Argentina Bio Plasticizers Market, 2020 - 2023, USD Million
TABLE 78 Argentina Bio Plasticizers Market, 2024 - 2031, USD Million
TABLE 79 Argentina Bio Plasticizers Market, 2020 - 2023, Kilo Tonnes
TABLE 80 Argentina Bio Plasticizers Market, 2024 - 2031, Kilo Tonnes
TABLE 81 Argentina Bio Plasticizers Market by Product, 2020 - 2023, USD Million
TABLE 82 Argentina Bio Plasticizers Market by Product, 2024 - 2031, USD Million
TABLE 83 Argentina Bio Plasticizers Market by Product, 2020 - 2023, Kilo Tonnes
TABLE 84 Argentina Bio Plasticizers Market by Product, 2024 - 2031, Kilo Tonnes
TABLE 85 Argentina Bio Plasticizers Market by Application, 2020 - 2023, USD Million
TABLE 86 Argentina Bio Plasticizers Market by Application, 2024 - 2031, USD Million
TABLE 87 Argentina Bio Plasticizers Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 88 Argentina Bio Plasticizers Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 89 UAE Bio Plasticizers Market, 2020 - 2023, USD Million
TABLE 90 UAE Bio Plasticizers Market, 2024 - 2031, USD Million
TABLE 91 UAE Bio Plasticizers Market, 2020 - 2023, Kilo Tonnes
TABLE 92 UAE Bio Plasticizers Market, 2024 - 2031, Kilo Tonnes
TABLE 93 UAE Bio Plasticizers Market by Product, 2020 - 2023, USD Million
TABLE 94 UAE Bio Plasticizers Market by Product, 2024 - 2031, USD Million
TABLE 95 UAE Bio Plasticizers Market by Product, 2020 - 2023, Kilo Tonnes
TABLE 96 UAE Bio Plasticizers Market by Product, 2024 - 2031, Kilo Tonnes
TABLE 97 UAE Bio Plasticizers Market by Application, 2020 - 2023, USD Million
TABLE 98 UAE Bio Plasticizers Market by Application, 2024 - 2031, USD Million
TABLE 99 UAE Bio Plasticizers Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 100 UAE Bio Plasticizers Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 101 Saudi Arabia Bio Plasticizers Market, 2020 - 2023, USD Million
TABLE 102 Saudi Arabia Bio Plasticizers Market, 2024 - 2031, USD Million
TABLE 103 Saudi Arabia Bio Plasticizers Market, 2020 - 2023, Kilo Tonnes
TABLE 104 Saudi Arabia Bio Plasticizers Market, 2024 - 2031, Kilo Tonnes
TABLE 105 Saudi Arabia Bio Plasticizers Market by Product, 2020 - 2023, USD Million
TABLE 106 Saudi Arabia Bio Plasticizers Market by Product, 2024 - 2031, USD Million
TABLE 107 Saudi Arabia Bio Plasticizers Market by Product, 2020 - 2023, Kilo Tonnes
TABLE 108 Saudi Arabia Bio Plasticizers Market by Product, 2024 - 2031, Kilo Tonnes
TABLE 109 Saudi Arabia Bio Plasticizers Market by Application, 2020 - 2023, USD Million
TABLE 110 Saudi Arabia Bio Plasticizers Market by Application, 2024 - 2031, USD Million
TABLE 111 Saudi Arabia Bio Plasticizers Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 112 Saudi Arabia Bio Plasticizers Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 113 South Africa Bio Plasticizers Market, 2020 - 2023, USD Million
TABLE 114 South Africa Bio Plasticizers Market, 2024 - 2031, USD Million
TABLE 115 South Africa Bio Plasticizers Market, 2020 - 2023, Kilo Tonnes
TABLE 116 South Africa Bio Plasticizers Market, 2024 - 2031, Kilo Tonnes
TABLE 117 South Africa Bio Plasticizers Market by Product, 2020 - 2023, USD Million
TABLE 118 South Africa Bio Plasticizers Market by Product, 2024 - 2031, USD Million
TABLE 119 South Africa Bio Plasticizers Market by Product, 2020 - 2023, Kilo Tonnes
TABLE 120 South Africa Bio Plasticizers Market by Product, 2024 - 2031, Kilo Tonnes
TABLE 121 South Africa Bio Plasticizers Market by Application, 2020 - 2023, USD Million
TABLE 122 South Africa Bio Plasticizers Market by Application, 2024 - 2031, USD Million
TABLE 123 South Africa Bio Plasticizers Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 124 South Africa Bio Plasticizers Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 125 Nigeria Bio Plasticizers Market, 2020 - 2023, USD Million
TABLE 126 Nigeria Bio Plasticizers Market, 2024 - 2031, USD Million
TABLE 127 Nigeria Bio Plasticizers Market, 2020 - 2023, Kilo Tonnes
TABLE 128 Nigeria Bio Plasticizers Market, 2024 - 2031, Kilo Tonnes
TABLE 129 Nigeria Bio Plasticizers Market by Product, 2020 - 2023, USD Million
TABLE 130 Nigeria Bio Plasticizers Market by Product, 2024 - 2031, USD Million
TABLE 131 Nigeria Bio Plasticizers Market by Product, 2020 - 2023, Kilo Tonnes
TABLE 132 Nigeria Bio Plasticizers Market by Product, 2024 - 2031, Kilo Tonnes
TABLE 133 Nigeria Bio Plasticizers Market by Application, 2020 - 2023, USD Million
TABLE 134 Nigeria Bio Plasticizers Market by Application, 2024 - 2031, USD Million
TABLE 135 Nigeria Bio Plasticizers Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 136 Nigeria Bio Plasticizers Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 137 Rest of LAMEA Bio Plasticizers Market, 2020 - 2023, USD Million
TABLE 138 Rest of LAMEA Bio Plasticizers Market, 2024 - 2031, USD Million
TABLE 139 Rest of LAMEA Bio Plasticizers Market, 2020 - 2023, Kilo Tonnes
TABLE 140 Rest of LAMEA Bio Plasticizers Market, 2024 - 2031, Kilo Tonnes
TABLE 141 Rest of LAMEA Bio Plasticizers Market by Product, 2020 - 2023, USD Million
TABLE 142 Rest of LAMEA Bio Plasticizers Market by Product, 2024 - 2031, USD Million
TABLE 143 Rest of LAMEA Bio Plasticizers Market by Product, 2020 - 2023, Kilo Tonnes
TABLE 144 Rest of LAMEA Bio Plasticizers Market by Product, 2024 - 2031, Kilo Tonnes
TABLE 145 Rest of LAMEA Bio Plasticizers Market by Application, 2020 - 2023, USD Million
TABLE 146 Rest of LAMEA Bio Plasticizers Market by Application, 2024 - 2031, USD Million
TABLE 147 Rest of LAMEA Bio Plasticizers Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 148 Rest of LAMEA Bio Plasticizers Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 149 Key Information – Avient Corporation
TABLE 150 Key Information – BASF SE
TABLE 151 Key Information – Cargill, Incorporated
TABLE 152 Key Information – DIC Corporation
TABLE 153 Key Information – The Dow Chemical Company
TABLE 154 Key Information – Evonik Industries AG
TABLE 155 Key Information – Lanxess AG
TABLE 156 Key Information – Solvay SA
TABLE 157 Key Information – ACS Technical Products
TABLE 158 Key Information – Emery Oleochemicals LLC
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Bio Plasticizers Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Bio Plasticizers Market
FIG 4 Porter’s Five Forces Analysis - Bio Plasticizers Market
FIG 5 LAMEA Bio Plasticizers Market share by Product, 2023
FIG 6 LAMEA Bio Plasticizers Market share by Product, 2031
FIG 7 LAMEA Bio Plasticizers Market by Product, 2020 - 2031, USD Million
FIG 8 LAMEA Bio Plasticizers Market share by Application, 2023
FIG 9 LAMEA Bio Plasticizers Market share by Application, 2031
FIG 10 LAMEA Bio Plasticizers Market by Application, 2020 - 2031, USD Million
FIG 11 LAMEA Bio Plasticizers Market share by Country, 2023
FIG 12 LAMEA Bio Plasticizers Market share by Country, 2031
FIG 13 LAMEA Bio Plasticizers Market by Country, 2020 - 2031, USD Million
FIG 14 SWOT Analysis: Avient Corporation
FIG 15 SWOT Analysis: BASF SE
FIG 16 SWOT Analysis: Cargill, Incorporated
FIG 17 SWOT Analysis: DIC Corporation
FIG 18 SWOT Analysis: The Dow Chemical Company
FIG 19 SWOT Analysis: Evonik Industries AG
FIG 20 Swot Analysis: Lanxess AG
FIG 21 SWOT Analysis: Solvay SA
FIG 22 SWOT Analysis: ACS Technical Products
FIG 23 SWOT Analysis: Emery Oleochemicals LLC
