The industrial application of epoxidized vegetable oil
is being
diversified and commercialized at a rapid pace. It is attributed to
its environment friendly nature compared to the synthetic Bisphenol
A epoxides which are deemed toxic. However, there are concerns that
the incorporation of such epoxidized vegetable oil has an undesirable
impact on the main performance properties of tires due to its inherent
flexible polymer chain. At the same time, new product innovations
and synthesis capabilities can help us develop polymer products in
a more sustainable fashion. This review first outlines the inherent
challenges, the progress made thus far, and future opportunities for
epoxidized vegetable oil derivatives. Next, the main application areas
of these epoxides, such as plasticizers, coatings, and composites,
are discussed in-depth. Possible design guidelines for surpassing
the challenges to equivalent performance are also examined. A meticulous
overview of the existing literature is conducted to summarize the
recent approaches to epoxidized vegetable oil derivative products
with a critical analysis of some of them. This contribution attempts
to highlight epoxidized vegetable oil derivatives on the basis of
existing challenges, recent research advancements, and their prospective
future.