Global Bio-Plasticizers for Packaging Category - Procurement Market Intelligence Report

Key Features of Report

Supply Market Insights	Procurement Best Practices
Cost Saving Opportunities	Pricing Models
Negotiation Strategies	Category Risk Analysis
Key Supplier Analysis	Supplier Capability Matrix

 

Bio-Plasticizers for Packaging - Category Spend Analysis

According to SpendEdge analysts, one of the key growth contributors for global bio-plasticizers for packaging market is the increasing adoption of bio-plasticizers in the food and medicines packaging industries. Bio-plasticizers are safe and biodegradable and provide similar mechanical properties as phthalate- based plasticizers, leading to their augmented adoption among the buyers.

Bio-Plasticizers for Packaging – Procurement Best Practices

Buyers should assign a unique batch number to barrels of polymers. They should make a note of the batch number of bio-plasticizers and polymers, which are being blended. A key strategy adopted by procurement managers in this market space is to engage with suppliers to assign a unique batch number to each barrel of bio-plasticizers used to manufacture the packaging material.

Bio-Plasticizers for Packaging - Procurement Challenges

Based on the analysis in this report, a major procurement pain point experienced by the buyers is the varying regulatory norms. To mitigate the challenge, buyers should dedicate a personnel for managing procurement for each region in consultation with the category manager.