Wednesday 14 February 2018

Biopolymer Coatings Market is set to grow substantially during the forecast timeframe



Technavio recognizes the following companies as the key players in the global biopolymer coatings market: AkzoNobel, Arkema, BASF, Cargill, Nature Works, and Novamont.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the potential use of biopolymers based nanocomposites. 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.”
According to the 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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The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
About Biopolymer Coatings
Biopolymers are biodegradable polymers derived from renewable resources or living organisms. They are used as a coating material because they are highly biodegradable, resistant to air and moisture, acts as a barrier oil and oxygen, antimicrobial, and recyclable.
Technavio’s analysts forecast the global biopolymer coatings market to grow at a CAGR of 6.40% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global biopolymer coatings market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of biopolymer coatings.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Biopolymer Coatings Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
·         AkzoNobel
·         Arkema
·         BASF
·         Cargill
·         NatureWorks
·         Novamont
Some points from TOC:-
Table of Contents
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
• Market outline
PART 05: MARKET LANDSCAPE
• Market ecosystem
• Market characteristics
• Market segmentation analysis
PART 06: MARKET SIZING
• Market definition
• Market sizing 2017
• Market size and forecast 2017-2022
PART 07: FIVE FORCES ANALYSIS
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
…….
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