Bio-Based Coating Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Biobased solvents, resins, additives, and pigments, all of which are components of coatings, are made from renewable raw materials. Natural oils have been employed in the creation of solvent-based products for quite some time.

MARKET DYNAMICS

The market for bio-based coatings is expected to grow since environmental topics become more and more important. With rising ecological concerns and increasing consumer awareness for eco-friendly products, bio-based coatings are gaining popularity. The move to bio-based coatings includes regulations of customer needs and the industry's continued focus on sustainability. There is also a growing focus on bio-based coatings within the automotive sector as more consumers request bio-based materials.

MARKET SCOPE

The "Global bio-based coating market Analysis to 2031" 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 bio-based coating market with detailed market segmentation by type and applications. The global bio-based coating market is expected to witness notable growth during the forecast period. The report provides key statistics on the market status of the leading bio-based coating market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global bio-based coating market is segmented on the basis of type and applications. Based on type, the global bio-based coating market is segmented into acrylic, alkyds, epoxy, polyester, urethane, others. Based on application, market is segmented into automotive, wood, paper, building and construction, food packaging 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 bio-based coating market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South & Central America. The bio-based coating 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 bio-based coating 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 bio-based coating market in these regions.

MARKET PLAYERS

The reports cover key developments in the bio-based coating 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 bio-based coating market are anticipated to lucrative growth opportunities in the future with the rising demand for bio-based coating in the global market. Below mentioned is the list of few companies engaged in the bio-based coating market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the bio-based coating 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.

•  BASF SE
  
•  KCC PAINTS SDN BHD
  
•  Cargill, Incorporation
  
•  Eco Safety Products
  
•  Benjamin Moore & Co
  
•  Nippon Paint Holdings Co., Ltd.
  
•  Asian Paints
  
•  Ralston Colour & Coatings
  
•  Mauler
  
•  Axalta
  

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.

Bio-Based Coating Report Scope