Global Biopolymer Coatings Market, By Product (Bio PU Coatings, Bio PA Coatings, Bio PBS Coatings, PLA Coatings, Starch Coatings, Cellulose Esters, Nitrocellulose Coatings, Cellulose Esters, Nitrocellulose Coatings, Wax Coatings, Soy Protein Coatings, Corn Zein Protein), End User (Packaging, Food and Beverages, Automotive, Construction, Textile, Healthcare Equipment, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Biopolymer Coatings Market
The biopolymer coatings market is expected to witness market growth at a rate of 6.50% in the forecast period of 2021 to 2028 and is expected to reach USD 433.28 million by 2028. Data Bridge Market Research report on biopolymer coatings market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rising demand for bio-based polymers across the globe is escalating the growth of biopolymer coatings market.
Biopolymers refer to biodegradable polymers which are considered safe for the environment. These polymers are deemed more environment friendly than throw-away synthetic alternatives as these products consist of natural ingredients. However, the materials used for the production of biopolymers could be both renewable including agricultural or animal products and synthetic products. Biopolymer coating means the coating utilizing polymers derived from living organisms such as DNA, RNA, starch, cellulose and proteins.
The increasing demand for the product for its advantages over traditional oil based coating resins and the change in end user preference towards sustainable products with no hazardous emissions into the environment act as the major factors driving the biopolymer coatings market. The increasing popularity of the lightweight coating materials with the purpose of limiting transportation costs and reducing waste material and the use biopolymer coating by several organizations as a tool to enhance the brand image among customers to attract them by projecting as eco-friendly organizations accelerate the biopolymer coatings market growth. The high usage of this eco-friendly alternative as it provides wide range of coating applications and usage while achieving desired biodegradability and its utilization on various fibers and paper materials as it can be applied using conventional spray systems further influence the biopolymer coatings market. Additionally, rapid urbanization and industrialization, increasing research and development activities, shift towards eco-friendly solutions and growth in awareness regarding environmental impact and implementation of stringent regulations positively affect the biopolymer coatings market. Furthermore, new innovations focusing on improved usability and operational efficiency extend profitable opportunities to the biopolymer coatings market players in the forecast period of 2021 to 2028.
On the other hand, the issue with the unsuitability for liquid packaging and the price competitiveness with conventional petrochemical resins are the factors expected to obstruct the biopolymer coatings market growth. The rise in concerns regarding the proper disposal of the materials used is projected to challenge the biopolymer coatings market in the forecast period of 2021 to 2028.
This biopolymer coatings market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on biopolymer coatings market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Biopolymer Coatings Market Scope and Market Size
The biopolymer coatings market is segmented on the basis of product and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product, the biopolymer coatings market is segmented into bio polyurethane (PU) coating, bio polyamide (PA) coatings, bio polybutylene succinate (PBS) coatings, PLA coatings, starch coatings, cellulose esters, nitrocellulose coatings, cellulose esters, nitrocellulose coatings, wax coatings, soy protein coatings and corn zein protein.
- On the basis of end user, the biopolymer coatings market is segmented into packaging, food and beverages, automotive, construction, textile, healthcare equipment and others.
Global Biopolymer Coatings Market Country Level Analysis
The biopolymer coatings market is analyzed and market size, volume information is provided by country, product and end user as referenced above.
The countries covered in the globally biopolymer coatings market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the biopolymer coatings market because of the rapidly growing food and packaging industry and increasing demand for green technology. Asia-Pacific is expected to witness high growth during the forecast period of 2021 to 2028 due to the rapid industrialization especially in India and China.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Biopolymer Coatings Market Share Analysis
The biopolymer coatings market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to biopolymer coatings market.
The major players covered in the biopolymer coatings market report are BASF SE, ADM, Danimer Scientific, Cargill, Incorporated, Akzo Nobel N.V., NatureWorks LLC, Novamont S.p.A., Roquette Frères, DuPont, Corbion, Safepack Industries, Mitsubishi Chemical Corporation, EcoSynthetix Inc., WestRock Company, FMC Corporation, Solanyl Biopolymers, Arkema, Covestro AG, Evonik Industries, DSM among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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