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Global Bio-Based Coatings Market Size study, by Application (Internal Application, External Application), by VOC content (Zero VOC (VOC content less than 5 grams per litre), Low VOC (VOC content less than 50 grams per litre), VOC absorbing, Natural paints), by Sector (Commercial sector, Industrial sector, Residential sector), by End-Use (Paints, Coatings, Adhesives And Printing Inks, Automobiles, Construction, Others) and Regional Forecasts 2022-2028

September 2022 | 200 pages | ID: G22EDBE97DFBEN
Bizwit Research & Consulting LLP

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Global Bio-Based Coatings Market is valued at approximately USD 11.5 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 9.5 % over the forecast period 2022-2028. Bio-Based Coating is a covering made from renewable organic waste material and is used for covering the surface of an object for protective and decorative purposes. Evolving concerns apropos has brought a massive shift towards bio-Based alternatives and bio-Based coating is one of them. The bio-Based coating is immensely influenced by environmental reasons and this transition is expected to further skyrocket in upcoming years. Low emission and optimal performance have drastically influenced increasing sales of bio-Based coating. Manufacturers of bio-Based coating are increasingly investing in research and development to foster production more seamlessly. Two government-backed initiatives directly impact the use of bio-Based coatings. In the United States, the U.S. Department of Agriculture (USDA) Bio-Preferred Program, which began in 2002, was created to increase the purchase and use of bio-Based products, including paints and coatings. Also, Bio-Based resins are used to manufacture coating systems for end-use industries, such as building & construction and furniture. The majority of paints and varnishes are Based on fossil raw materials bio-Based resins are moving to the mainstream. However, the price is comparatively higher than fossil-Based coating products which may impede the growth of the market over the forecast period of 2022-2028. Bio-Based coatings undergo a complex process to become environment-friendly.

The key regions considered for the Bio-Based Coatings Market study include Asia Pacific, North America, Europe, Latin America and the Rest of the World. The Asia-Pacific is the fastest bio-Based coatings market in terms of value and volume during the forecast period. Asia-Pacific is expected to continue to lead in the forecast period owing to increased research and development activities

Major market players included in this report are:
PPG Industries, Inc. (US)
AkzoNobel N.V. (Netherlands)
Sherwin-Williams Company (US)
Nippon Paint Holdings Co., Ltd. (Japan)
Stora Enso OYJ (Finland)
IVC Chemicals
Benjamin Moore & Co.
Eco Safety Products
BASF SE
Cargill, Incorporated


The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Application:
Internal Application
External Application
By VOC Content:
Zero VOC (VOC content less than 5 grams per litre)
Low VOC (VOC content less than 50 grams per litre)
VOC Absorbing
Natural Paints
By Sector:
Commercial Sector
Industrial Sector
Residential Sector
By End-Use:
Paints, Coatings, Adhesives and Printing Inks
Automobiles
Construction
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, the years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Bio-Based Coatings Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
  1.2.1. Global Bio-based Coatings Market, by Region, 2020-2028 (USD Billion)
  1.2.2. Global Bio-based Coatings Market, by Application, 2020-2028 (USD Billion)
  1.2.3. Global Bio-based Coatings Market, by VOC Content, 2020-2028 (USD Billion)
  1.2.4. Global Bio-based Coatings Market, by Sector, 2020-2028 (USD Billion)
  1.2.5. Global Bio-based Coatings Market, by End-Use, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL BIO-BASED COATINGS MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL BIO-BASED COATINGS MARKET DYNAMICS

3.1. Bio-based Coatings Market Impact Analysis (2020-2028)
  3.1.1. Market Drivers
    3.1.1.1. Bio-based coating reduces carbon emission
    3.1.1.2. Biodegradable raw materials derived from renewable and sustainable resources
  3.1.2. Market Challenges
    3.1.2.1. Beyond cost and performance issues complexity and sustainability
  3.1.3. Market Opportunities
    3.1.3.1. Coatings manufacturers are willing to invest in innovation and exploration

CHAPTER 4. GLOBAL BIO-BASED COATINGS MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies

CHAPTER 5. RISK ASSESSMENT: COVID-19 IMPACT

  5.1.1. Assessment of the overall impact of COVID-19 on the industry
  5.1.2. Pre COVID-19 and post COVID-19 market scenario

CHAPTER 6. GLOBAL BIO-BASED COATINGS MARKET, BY APPLICATION

6.1. Market Snapshot
6.2. Global Bio-based Coatings Market by Application, Performance - Potential Analysis
6.3. Global Bio-based Coatings Market Estimates & Forecasts by Application 2018-2028 (USD Billion)
6.4. Bio-based Coatings Market, Sub Segment Analysis
  6.4.1. Internal Application
  6.4.2. External Application

CHAPTER 7. GLOBAL BIO-BASED COATINGS MARKET, BY VOC CONTENT

7.1. Market Snapshot
7.2. Global Bio-based Coatings Market by VOC Content, Performance - Potential Analysis
7.3. Global Bio-based Coatings Market Estimates & Forecasts by VOC Content 2018-2028 (USD Billion)
7.4. Bio-based Coatings Market, Sub Segment Analysis
  7.4.1. Zero VOC (VOC content less than 5 grams per litre)
  7.4.2. Low VOC (VOC content less than 50 grams per litre)
  7.4.3. VOC Absorbing
  7.4.4. Natural Paints

CHAPTER 8. GLOBAL BIO-BASED COATINGS MARKET, BY SECTOR

8.1. Market Snapshot
8.2. Global Bio-based Coatings Market by Sector, Performance - Potential Analysis
8.3. Global Bio-based Coatings Market Estimates & Forecasts by Sector 2018-2028 (USD Billion)
8.4. Bio-based Coatings Market, Sub Segment Analysis
  8.4.1. Commercial Sector
  8.4.2. Industrial Sector
  8.4.3. Residential Sector

CHAPTER 9. GLOBAL BIO-BASED COATINGS MARKET, BY END-USE

9.1. Market Snapshot
9.2. Global Bio-based Coatings Market by End-Use, Performance - Potential Analysis
9.3. Global Bio-based Coatings Market Estimates & Forecasts by End-Use 2018-2028 (USD Billion)
9.4. Bio-based Coatings Market, Sub Segment Analysis
  9.4.1. Paints, Coatings, Adhesives And Printing Inks
  9.4.2. Automobiles
  9.4.3. Construction
  9.4.4. Others

CHAPTER 10. GLOBAL BIO-BASED COATINGS MARKET, REGIONAL ANALYSIS

10.1. Bio-based Coatings Market, Regional Market Snapshot
10.2. North America Bio-based Coatings Market
  10.2.1. U.S. Bio-based Coatings Market
    10.2.1.1. Application estimates & forecasts, 2018-2028
    10.2.1.2. VOC Content estimates & forecasts, 2018-2028
    10.2.1.3. Sector estimates & forecasts, 2018-2028
    10.2.1.4. End-Use estimates & forecasts, 2018-2028
  10.2.2. Canada Bio-based Coatings Market
10.3. Europe Bio-based Coatings Market Snapshot
  10.3.1. U.K. Bio-based Coatings Market
  10.3.2. Germany Bio-based Coatings Market
  10.3.3. France Bio-based Coatings Market
  10.3.4. Spain Bio-based Coatings Market
  10.3.5. Italy Bio-based Coatings Market
  10.3.6. Rest of Europe Bio-based Coatings Market
10.4. Asia-Pacific Bio-based Coatings Market Snapshot
  10.4.1. China Bio-based Coatings Market
  10.4.2. India Bio-based Coatings Market
  10.4.3. Japan Bio-based Coatings Market
  10.4.4. Australia Bio-based Coatings Market
  10.4.5. South Korea Bio-based Coatings Market
  10.4.6. Rest of Asia Pacific Bio-based Coatings Market
10.5. Latin America Bio-based Coatings Market Snapshot
  10.5.1. Brazil Bio-based Coatings Market
  10.5.2. Mexico Bio-based Coatings Market
10.6. Rest of The World Bio-based Coatings Market

CHAPTER 11. COMPETITIVE INTELLIGENCE

11.1. Top Market Strategies
11.2. Company Profiles
  11.2.1. PPG Industries, Inc. (US)
    11.2.1.1. Key Information
    11.2.1.2. Overview
    11.2.1.3. Financial (Subject to Data Availability)
    11.2.1.4. Product Summary
    11.2.1.5. Recent Developments
  11.2.2. AkzoNobel N.V. (Netherlands)
  11.2.3. Sherwin-Williams Company (US)
  11.2.4. Nippon Paint Holdings Co., Ltd. (Japan)
  11.2.5. Stora Enso OYJ (Finland)
  11.2.6. IVC Chemicals
  11.2.7. Benjamin Moore & Co.
  11.2.8. Eco Safety Products
  11.2.9. BASF SE
  11.2.10. Cargill, Incorporated

CHAPTER 12. RESEARCH PROCESS

12.1. Research Process
  12.1.1. Data Mining
  12.1.2. Analysis
  12.1.3. Market Estimation
  12.1.4. Validation
  12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Bio-based Coatings market, report scope
TABLE 2. Global Bio-based Coatings market estimates & forecasts by Region 2018-2028 (USD Billion)
TABLE 3. Global Bio-based Coatings market estimates & forecasts by Application 2018-2028 (USD Billion)
TABLE 4. Global Bio-based Coatings market estimates & forecasts by VOC Content 2018-2028 (USD Billion)
TABLE 5. Global Bio-based Coatings market estimates & forecasts by Sector 2018-2028 (USD Billion)
TABLE 6. Global Bio-based Coatings market estimates & forecasts by End-Use 2018-2028 (USD Billion)
TABLE 7. Global Bio-based Coatings market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 8. Global Bio-based Coatings market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 9. Global Bio-based Coatings market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 10. Global Bio-based Coatings market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 11. Global Bio-based Coatings market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 12. Global Bio-based Coatings market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 13. Global Bio-based Coatings market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 14. Global Bio-based Coatings market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 15. Global Bio-based Coatings market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 16. Global Bio-based Coatings market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 17. U.S. Bio-based Coatings market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 18. U.S. Bio-based Coatings market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 19. U.S. Bio-based Coatings market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 20. Canada Bio-based Coatings market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 21. Canada Bio-based Coatings market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 22. Canada Bio-based Coatings market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 23. UK Bio-based Coatings market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 24. UK Bio-based Coatings market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 25. UK Bio-based Coatings market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 26. Germany Bio-based Coatings market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 27. Germany Bio-based Coatings market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 28. Germany Bio-based Coatings market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 29. RoE Bio-based Coatings market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 30. RoE Bio-based Coatings market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 31. RoE Bio-based Coatings market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 32. China Bio-based Coatings market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 33. China Bio-based Coatings market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 34. China Bio-based Coatings market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 35. India Bio-based Coatings market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 36. India Bio-based Coatings market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 37. India Bio-based Coatings market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 38. Japan Bio-based Coatings market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 39. Japan Bio-based Coatings market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 40. Japan Bio-based Coatings market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 41. RoAPAC Bio-based Coatings market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 42. RoAPAC Bio-based Coatings market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 43. RoAPAC Bio-based Coatings market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 44. Brazil Bio-based Coatings market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 45. Brazil Bio-based Coatings market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 46. Brazil Bio-based Coatings market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 47. Mexico Bio-based Coatings market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 48. Mexico Bio-based Coatings market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 49. Mexico Bio-based Coatings market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 50. RoLA Bio-based Coatings market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 51. RoLA Bio-based Coatings market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 52. RoLA Bio-based Coatings market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 53. Row Bio-based Coatings market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 54. Row Bio-based Coatings market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 55. Row Bio-based Coatings market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 56. List of secondary sources, used in the study of global Bio-based Coatings market
TABLE 57. List of primary sources, used in the study of global Bio-based Coatings market
TABLE 58. Years considered for the study
TABLE 59. Exchange rates considered

LIST OF FIGURES

FIG 1. Global Bio-based Coatings market, research methodology
FIG 2. Global Bio-based Coatings market, market estimation techniques
FIG 3. Global market size estimates & forecast methods
FIG 4. Global Bio-based Coatings market, key trends 2021
FIG 5. Global Bio-based Coatings market, growth prospects 2022-2028
FIG 6. Global Bio-based Coatings market, porters 5 force model
FIG 7. Global Bio-based Coatings market, pest analysis
FIG 8. Global Bio-based Coatings market, value chain analysis
FIG 9. Global Bio-based Coatings market by segment, 2018 & 2028 (USD Billion)
FIG 10. Global Bio-based Coatings market by segment, 2018 & 2028 (USD Billion)
FIG 11. Global Bio-based Coatings market by segment, 2018 & 2028 (USD Billion)
FIG 12. Global Bio-based Coatings market by segment, 2018 & 2028 (USD Billion)
FIG 13. Global Bio-based Coatings market by segment, 2018 & 2028 (USD Billion)
FIG 14. Global Bio-based Coatings market, regional snapshot 2018 & 2028
FIG 15. North America Bio-based Coatings market 2018 & 2028 (USD Billion)
FIG 16. Europe Bio-based Coatings market 2018 & 2028 (USD Billion)
FIG 17. Asia pacific market 2018 & 2028 (USD Billion)
FIG 18. Latin America Bio-based Coatings market 2018 & 2028 (USD Billion)
FIG 19. Global Bio-based Coatings market, company market share analysis (2021)


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