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Top 10 Companies in the Bio-based Plasticizers Industry (2025): Market Leaders Powering Sustainable Polymer Solutions

In Business Insights
November 01, 2025


The Global Bio-based Plasticizers Market was valued at USD 612.40 Million in 2024 and is projected to reach USD 940.20 Million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period (2025–2032). This growth is being driven by stringent environmental regulations, rising demand for sustainable alternatives, and the accelerating adoption of Renewable Plasticizer Solutions across packaging, consumer goods, and medical device sectors.

As the polymer industry transforms toward low-emission operations and sustainable development, the spotlight is on the key chemical suppliers who are driving innovation, efficiency, and cleaner additive pathways. In this blog, we profile the Top 10 Companies in the Bio-based Plasticizers Industry—a mix of chemical majors, specialty producers, and green material pioneers shaping the future of plastic manufacturing.

🔟 1. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Epoxidized Soybean Oil (ESBO), Citric Acid Derivatives, and Sustainable Polymer Additives

BASF SE is among the world’s leading bio-based plasticizer suppliers, offering renewable-grade plasticizers across global markets. Their polymer division serves packaging manufacturers, medical device producers, and consumer goods companies, with growing investments in green plasticizer technologies such as vegetable oil-based and biopolymer-compatible formulations.

Sustainability Initiatives:

  • Expanding bio-based plasticizer production capacity in Germany

  • Bio-plasticizer partnerships with major global brands

  • Committed to achieving carbon neutrality by 2050

Download FREE Sample Report:
Global Bio-based Plasticizers Market – View in Detailed Research Report

9️⃣ 2. Dow Inc.

Headquarters: Midland, Michigan, USA
Key Offering: Bio-based Citrates, Castor Oil Plasticizers, Polymer Additives

Dow operates in more than 160 countries and supplies plasticizers to thousands of polymer processors globally. It is a significant player in bio-plasticizer development and distribution, aiming to meet both regulatory compliance and material performance requirements across multiple industries.

Sustainability Initiatives:

  • Strategic investments in renewable feedstocks

  • Collaboration with packaging companies and regulatory bodies to establish bio-plasticizer standards.

8️⃣ 3. Roquette Frères

Headquarters: Lestrem, France
Key Offering: Starches-based Plasticizers, Bio-derived Additives

Roquette’s specialty chemicals division specializes in starch-based solutions for polymer applications. The company focuses on developing plasticizers from non-food biomass to address sustainability concerns while maintaining compatibility with existing PVC processing equipment.

Sustainability Initiatives:

  • Development of corn-based plasticizer technologies

  • Partnerships with food packaging and medical device manufacturers to replace conventional phthalates with safer alternatives.

7️⃣ 4. Lanxess AG

Headquarters: Cologne, Germany
Key Offering: Bio-based Succinates, Renewable Polymer Additives

Lanxess AG concentrates on high-performance bio-plasticizers for demanding applications such as automotive wires and construction materials. The company maintains strong commitment to developing plasticizers that meet REACH compliance standards and reduce environmental impact across the product lifecycle.

Sustainability Initiatives:

  • Target of 25% bio-based content across product lines by 2027

  • Research into advanced bio-plasticizer formulations with improved thermal stability and migration resistance.

Download FREE Sample Report:
Global Bio-based Plasticizers Market – View in Detailed Research Report

6️⃣ 5. Evonik Industries AG

Headquarters: Essen, Germany
Key Offering: Bio-based Plasticizers for PVC, Rubber Compounds

Evonik’s specialty additives business delivers bio-plasticizer solutions at industrial scale globally. The company provides sustainable plasticizer options and is advancing the development of performance-enhanced bioproducts for automotive and construction sectors.

Sustainability Initiatives:

  • Offers certified bio-plasticizers for food contact applications.

  • Targets emission reductions of 30% across its chemical portfolio by 2030

5️⃣ 6. Solvay SA

Headquarters: Brussels, Belgium
Key Offering: Bio-based Plasticizers, Specialty Additives for Polymers

Solvay SA focuses on developing bio-plasticizers from alternative feedstocks to minimize environmental impact while meeting technical requirements for flexible PVC products and specialty compounds.

Sustainability Initiatives:

  • Current bio-plasticizer production: Several thousand tons annually across multiple product lines.

    Sustainability Initiatives:

    • Development of succinic acid-based plasticizers with enhanced performance characteristics.

    4️⃣ 7. Emery Oleochemicals

    Headquarters: Selangor, Malaysia
    Key Offering: Oleochemical-based Plasticizers, Bio-derived Additives

    Emery Oleochemicals serves numerous polymer processors with bio-based plasticizers and is expanding its presence in Asia-Pacific and European markets. The company plays a vital role in sustainable plasticizer development and application engineering across multiple industries including packaging and consumer products.

    Sustainability Initiatives:

    • Focus on palm and coconut oil-based plasticizer technologies.

    3️⃣ 8. Vertellus Specialties Inc.

    Headquarters: Indianapolis, Indiana, USA
    Key Offering: Citric Acid Plasticizers, Renewable Polymer Additives

    Vertellus concentrates on developing and manufacturing specialty plasticizers based on renewable resources, with particular emphasis on citrate esters for sensitive applications such as medical devices and children’s products.

    Sustainability Initiatives:

    • Specialized plasticizer formulations for medical-grade polymers and food packaging films.

      Sustainability Initiatives:

      • Development of high-purity citrate-based plasticizer products that meet strict regulatory requirements.

      2️⃣ 9. PolyOne Corporation (Avient)

      Headquarters: Avon Lake, Ohio, USA
      Key Offering: Bio-based Plasticizers, Custom Formulations

      Avient (formerly PolyOne) specializes in developing custom plasticizer solutions for specific polymer applications, including replacement of conventional phthalates with bio-alternatives.

      Sustainability Initiatives:

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