Bio Based Coating Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Source (Corn, Soybean, Bio Diesel, Sugarcane, and Others), By VOC Content (Zero VOC, Low VOC, VOC Absorbing), By End User (Architectural, Woodwork, Packaging, Others), By Region, and By Competition
Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Chemicals | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationBio Based Coating Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Source (Corn, Soybean, Bio Diesel, Sugarcane, and Others), By VOC Content (Zero VOC, Low VOC, VOC Absorbing), By End User (Architectural, Woodwork, Packaging, Others), By Region, and By Competition
In 2021, United States emitted approximately 11.9 million tons of volatile organic compounds (VOC), this is roughly one percent lower than that in 2020.
Bio Based Coatings are made up entirely or mostly of monomers from biological sources. These resins are environmentally friendly because they use plant-based materials instead of petrochemical-based ones. It has been a development for coatings to use bio-based raw materials.
Seven of the ten warmest years on record have occurred in the last ten years. 2019's April, May, July, and August saw unprecedented lows for the area of Arctic Sea ice.
Health & Environmental Concerns
Concerns about health, as well as those for the environment, drive consumer demand for low-emission coatings. People want to breathe cleaner and healthier air inside and outside their homes. Consumers are increasingly worried about the dangerous materials interior paints might introduce into their homes. Consumers are concerned about hazardous emissions while painting interiors, especially children's rooms. Consumers and painters concur that personal safety is the most alluring recent development in wall paints. Customers increasingly prefer to purchase paints made from bio-based materials since they are thought to be healthier and more environmentally friendly. This in turn is expected to create lucrative opportunities for the growth of global bio-based coatings market.
Environmental Regulations
Every year, it is responsible for nearly 7 million fatalities worldwide.
Recent Developments
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Market Segmentation
Global Bio Based Coating market is segmented based on source, VOC content, End-user, and region.
Market players
Akzo Nobel N.V., PPG Industries, Inc, Sherwin-Williams Company, Nippon Paint Holdings Co. Ltd., Kansai Paint Co. Ltd, The Dow Chemical Company, DSM N.V., Covestro AG, Arkema, and Genomatica, Inc. are some of the key market players.
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Attribute |
Details |
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Base Year
|
2022 |
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Historic
Data |
2018 – 2021 |
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Estimated
Year |
2023 |
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Forecast
Period |
2024 – 2028 |
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Quantitative
Units |
Revenue in USD Million, Volume in metric tons, and CAGR for 2018-2021
and 2022-2028 |
|
Report Coverage |
Revenue forecast,
Volume Forecast, company share, competitive landscape, growth factors, and
trends |
|
Segments Covered |
·
Source ·
Material ·
End User |
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Regional
scope |
North
America; Europe; Asia Pacific; South America; Middle East & Africa |
|
Country
scope |
United States, Canada, Mexico; France, Germany, United Kingdom,
Italy, Spain; China, India, Japan, South Korea, Australia; Brazil, South
Africa, UAE, Saudi Arabia, Turkey, and Egypt. |
|
Key
companies profiled |
Akzo
Nobel N.V., PPG Industries, Inc, Sherwin-Williams Company, Nippon Paint
Holdings Co. Ltd., Kansai Paint Co. Ltd, The Dow Chemical Company, Koninklijke
DSM N.V.., Covestro AG, Arkema S.A., and Genomatica Inc. |
|
Customization
scope |
10% free report customization with purchase. Addition or
alteration to country, regional & segment scope. |
|
Pricing
and purchase options |
Avail
customized purchase options to meet your exact research needs. Explore purchase options |
|
Delivery
Format |
PDF and Excel through Email (We can also provide the editable
version of the report in PPT/Word format on special request) |
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