The bio plasticizers market landscape is being shaped by global companies and emerging players placing their focus on sustainable materials. For example, In March 2023, OQ Chemicals marked a critical turning point in the development of sustainable chemicals. It introduced OxBalance Isononanoic Acid, composed of bio-based content (70%) and circular feedstocks. In addition, it had ISCC PLUS certification and was the first commercially available product in the world. Furthermore, the stringent environmental regulations are compelling market players to incline for renewable resources including biomass and vegetable oils. Furthermore, the advanced research and extensive distribution network assist in meeting the growing consumer needs and preferences.
Here is the list of some eminent players:
Author Credits: Rajrani Baghel
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