Analysts forecast global biopolymer coatings market to grow at a CAGR of 6.40% during the period 2018-2022.
The latest trend gaining momentum in the market is the potential use of biopolymers based nanocomposites.
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Manufacturers are focusing on the development of modified biopolymers with nanocomposites, which find potential usage in biomedical applications, food and beverage packaging, interiors, automotive industry and pharmaceuticals.
The smaller size of nano-sized materials differentiates its properties from bulk materials. The application of bio-nanocomposites in coating materials enhances features such as barrier properties, moisture resistivity, mechanical properties, and thermal stability of paper packaging or food packaging materials.
Major key players in the global biopolymer coatings market: AkzoNobel, Arkema, BASF, Cargill, NatureWorks, and Novamont.
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According to the biopolymer coatings market report, one of the major drivers for this market is increasing demand for bio-based and eco-friendly polymers. Consumers are increasingly looking for sustainable and eco-friendly products due to the rising awareness about the negative effect on health and environment of the varied products they purchase.
This is motivating researchers to develop bio-based polymers for coatings used in various commercial purposes. The adoption of biopolymer coatings is increasing in developed nations due to the growing emphasis on regulations that monitor the impact of these products on the environment.
As a result, the adoption of bio PU, bio polyamide, polylactic acid, bio-PBS, and cellulose esters is increasing.
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Key questions answered in this report
What will the market size be in 2022 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
Few Points from List of Exhibits Provided in Global Biopolymer Coatings Market 2018-2022:
Exhibit 1: Parent Market
Exhibit 2: Global Biopolymers Market
Exhibit 3: Market Characteristics
Exhibit 4: Market Segments
Exhibit 5: Market Definition Inclusions and Exclusions Checklist
Exhibit 6: Market Size 2017
Exhibit 7: Validation Techniques Employed For Market Sizing 2017
Exhibit 8: Global Biopolymer Coatings Market Market Size and Forecast 2017-2022 ($ Mn)
Exhibit 9: Global Biopolymer Coatings Market Year-Over-Year Growth 2018-2022 (%)
Exhibit 10: Five Forces Analysis 2017
Exhibit 11: Five Forces Analysis 2022
Exhibit 12: Bargaining Power of Buyers
Exhibit 13: Bargaining Power of Suppliers
Exhibit 14: Threat of New Entrants
Exhibit 15: Threat of Substitutes
Exhibit 16: Threat of Rivalry
Exhibit 17: Market Condition Five Forces 2017
Exhibit 18: Product Market Share 2017-2022 (%)
Exhibit 19: Comparison by Product
Exhibit 20: Nitrocellulose Market Size and Forecast 2017-2022 ($ Mn)