A Trend and Market in Eco-friendly Plasticizers: Review and Prospective

Plasticizers are chemical additives added to polymers to have a desirable effect on mechanical properties such as processability and ductility. In this paper, we explore the use and market of eco-friendly plasticizers that can replace phthalate-based plasticizers that have been traditionally used in the plastics market. Bio plasticizers are derived primarily from biomass sources, including agricultural products, by-products and wastes. Regardless of the source of biomass, an ideal eco-friendly plasticizer should be non-toxic, have high resistance to volatilization, extraction, and migration, have good compatibility and compatibility, and be economical. The global bio plasticizer market is expected to reach USD 2.1 billion by 2030 from USD 1.3 billion in 2020, growing at a CAGR of 5.31% from 2021 to 2030.