Biopolymer coatings refers to coatings that use polymers obtained from living organisms like DNA, RNA, starch, cellulose and proteins. This coatings act as an alternative to other petroleum based coating solutions that offer broad coating applications and usage while achieving biodegradability. The biopolymer coatings are suitable for usage in various fibers and paper materials as it can be applied using the conventional spray systems. The biopolymer coatings are biodegradable polymers that prove save for the environment.
MARKET DYNAMICS
The shift towards eco-friendly solutions amongst the end consumers drives the market for biopolymer coatings. Besides this, the acceptance of biopolymer coatings in food sectors such as naturally derived juice, water & beverages that make use of coating solutions with minimum odor, also drives the market growth. However, the inability of biopolymer coatings to meet the needs of liquid packaging restricts the fruitful development of the biopolymer coatings market. The rising awareness about the non-toxic nature of biopolymer coatings and sustainable packaging solutions is expected to boost the market for biopolymer coatings in the near future.
MARKET SCOPE
The "Global Biopolymer Coatings Market Analysis to 2028" is a specialized and in-depth study of the Chemicals and Materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the biopolymer coatings market with detailed market segmentation by product, end user industry and geography. The global biopolymer coatings market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading biopolymer coatings market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global biopolymer coatings market is segmented on the basis of product and end user industry. 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, cellulose esters and others. As per end user industry the market is broken into packaging, food & beverages, construction, textile, healthcare and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global biopolymer coatings market based on various segments. It also provides market size and forecast estimates from the year 2020to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The biopolymer coatings market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the biopolymer coatings market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the biopolymer coatings market in these regions.
MARKET PLAYERS
The reports cover key developments in the biopolymer coatings market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from biopolymer coatings market are anticipated to lucrative growth opportunities in the future with the rising demand for biopolymer coatings market in the global market. Below mentioned is the list of few companies engaged in the biopolymer coatings market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the biopolymer coatings market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- AkzoNobel N.V.
- BASF SE
- Cargill, Incorporated
- Corbion N.V.
- EcosSynthetix
- NatureWorks LLC
- Nurel Biopolymers
- Roquette
- Safepack Industries Ltd.
- WestRock Company
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.