Biopolymer Coatings Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025
Technavio has been monitoring the biopolymer coatings market and it is expected to grow by $ 397.84 million, accelerating at a CAGR of almost 6.89% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking
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Biopolymer Coatings Market: Key Trends to impact market growth
Growth by the nitrocellulose segment will be significant during the forecast period. Nitrocellulose is increasingly being used in wood surface coating or wood finishing, owing to its rapid drying, good clarity, and smooth filming properties. This will drive the growth of the market for nitrocellulose during the forecast period.. This research report provides a detailed impact analysis of all the trends that are likely to influence the growth of the market in focus.
Biopolymer Coatings Market: Top Drivers to Boost Demand
The growing demand for eco-friendly, sustainable products will drive the biopolymers coating market. Increasing awareness about the negative health and environmental effect chemcial products and regulations that check and monitor the impact of products on the environment are driving the biopolymers coating market in developed regions. The increasing demand for bio-based recyclable and renewable coating materials in the US and Europe. The report provides a detailed study of all the factors that are likely to boost the market. This analysis will enable clients to leverage growth opportunities to their advantage and set their business
Vendor Analysis: Akzo Nobel NV, Arkema SA and BASF SE are key growth contributors
The market is fragmented. The research report provides insights into the top market player and their product portfolio along with a pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Akzo Nobel NV, Arkema SA, BASF SE, Cargill Inc., Covestro AG, Croda International Plc, Evonik Industries AG, Koninklijke DSM NV, Mitsubishi Chemical Holdings Corp., and Novamont SpA are some of the major market participants.
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Biopolymer Coatings Market: Key Highlights of the Report for 2021-2025
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