Top Trends in the Global Biopolymer Coatings Market | Technavio

January 24, 2018

LONDON–(BUSINESS WIRE)–#Polymers–Technavio’s latest market research report on the global
biopolymer coatings market provides an analysis of the most
important trends expected to impact the market outlook from 2018-2022. Technavio
defines an emerging trend as a factor that has the potential to
significantly impact the market and contribute to its growth or decline.

According to Technavio analysts, the global biopolymer coatings market
will grow at a CAGR of over 6% during the forecast period, owing to the
growing demand for bio-based and eco-friendly polymers.

There is an increasing awareness among consumers about the importance of
eco-friendly and sustainable products they purchase. Also, the
regulations that check and monitor the impact of products on the
environment are driving the biopolymers coating market in developed
regions.

Inquire about this report: View
market snapshot before purchasing

The emerging market trends driving the global biopolymer coatings market
according to Technavio research analysts are:

Rising investments in R&D
Potential use of biopolymers based nanocomposites

Rising investments in R&D

In recent years, the investments in R&D activities have increased
significantly. The major players in the market are investing extensively
in R&D to discover cost-effective and technologically advanced
production processes. They are also investing in R&D activities to
diversify their product portfolio to gain the top spot and produce
high-performance products for niche applications.

According to a senior analyst at Technavio for plastics,
polymers, and elastomers research “Novel applications
of biopolymer as barrier coatings for paper applications, barrier films
for food packaging, decking, and many others are constantly being
explored. For instance, some bio-based polymers such as starch,
cellulose, polylactic acid, soy protein, and zein corn protein are
extensively used in the modification of coated paper and in packaging
for food products. They also resist oil and moisture in food products.
It has resulted in the higher adoption of biopolymers for newer
applications.”

Looking for more information on this market? Request
a free sample report

Technavio’s sample reports are free of charge and contain multiple
sections of the report such as the market size and forecast, drivers,
challenges, trends, and more.

Global biopolymer coatings market segmentation

This market research report segments the global
biopolymer coatings market into the following product segments
(nitrocellulose, cellulose esters, starch, natural wax, PLA, Bio PA, and
others) and three major regions (Americas, APAC, and EMEA)

The nitrocellulose segment held the largest market share in 2017,
accounting for over 26% of the market. However, the market share for
this application is expected to decrease nearly 2% by 2022. The fastest
growing application is PLA, which will account for close to 10% of the
total market share by 2022.

EMEA was the leading region for the global biopolymer coatings market in
2017, accounting for a market share of over 44%. However, the market
share of EMEA and the Americas is expected to decrease over the forecast
period, while APAC will increase.

Personalize this report according to your needs: Request
a customization

Technavio’s analysts and industry experts will work directly with you
to understand your requirements. We offer USD 1,000 worth of FREE
customization at the time of purchase.

About Technavio

Technavio
is a leading global technology research and advisory company. Their
research and analysis focuses on emerging market trends and provides
actionable insights to help businesses identify market opportunities and
develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists
of more than 10,000 reports and counting, covering 800 technologies,
spanning across 50 countries. Their client base consists of enterprises
of all sizes, including more than 100 Fortune 500 companies. This
growing client base relies on Technavio’s comprehensive coverage,
extensive research, and actionable market insights to identify
opportunities in existing and potential markets and assess their
competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team
at [email protected].

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US:
+1 844 364 1100
UK: +44 203 893 3200
www.technavio.com