Fact.MR has adopted multi-disciplinary approach to shed light on the evolution of the bio-based coatings market the historical period. The study presents a deep-dive assessment of the current growth dynamics, major avenues in the estimation year of 2019, and key prospects over the forecast period 2018 to 2028. The insights and analytics on several pages. These are covered in numerous sections, including, drivers and restraints, challenges and opportunities, regional segmentation and opportunity assessment, end-use/application prospects analysis, and competitive landscape assessment.
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Market Segmentation:
The bio-based coatings market can be segmented on the basis of area of application, VOC content, sector and end use industries.
On the basis of area of application, bio-based coatings can be segmented by:
- Internal application
- External application
On the basis of VOC content, bio-based coatings can be segmented into:
- Zero VOC (VOC content less than 5 grams per liter)
- Low VOC (VOC content less than 50 grams per liter)
- VOC absorbing
- Natural paints
On the basis of sector, bio-based coatings can be segmented as:
- Commercial sector
- Industrial sector
- Residential sector
On the basis of end use, bio-based coatings can be segmented by:
- Paints, coatings, adhesives and printing inks
- Automobiles
- Construction
- Others
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Regional Outlook:
Region wise, Asia Pacific is a big market accounting for a larger global share of bio-based coatings. Asia Pacific is followed by Europe and North America. Latin America and Middle East and Africa regions are observed to generate almost equal demand and the global scenario is expected to remain the same.
Asia Pacific, Latin America and Middle East and Africa are expected to show double digit growth rates in the bio-based coatings during the forecast period while Europe and North America will have a steady growth. Asia Pacific, Europe and Americas (North and Latin) are under vast corporate investments in the research and development to enable the cost effective production of bio-based coatings. North America and Europe will be at the forefront of bio-based coatings innovation while the mass production is expected to occur in the Asia Pacific region due to lower production costs.
List of Key Market Players:
- AURO Pflanzenenchemie AG
- Benjamin Moore & Co.
- Eco Safety Products
- BASF SE
- Cargill Incorporated
- BioShields
- Nippon Paint Holdings Co., Ltd.
- KCC PAINTS SDN BHD.
- NOROO Paint & Coatings Co.,Ltd.
- Reliance Industries Ltd.
- Japan Polypropylene Corporation
- I. du Pont de Nemours and Company
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After reading the report, readers get insight into:
- Major drivers and restraining factors, opportunities and challenges, and the competitive landscape
- New, promising avenues in key regions
- New revenue streams for all players in emerging markets
- Focus and changing role of various regulatory agencies in bolstering new opportunities in various regions
- Demand and uptake patterns in key industries of the
- New research and development projects in new technologies in key regional markets
- Changing revenue share and size of key product segments during the forecast period 2018 to 2028
- Technologies and business models with disruptive potential
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
- EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
- CIS & Russia
- Japan
- Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
- Middle East and Africa (GCC Countries, Turkey, Iran, Israel, South Africa, Rest of MEA)
The Report Covers Exhaustive Analysis On:
- Market Segments
- Market Dynamics
- Market Size & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
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The market report offers detailed assessments and quantitative evaluations that shed light on numerous key aspects that have shaped its evolution over the historical period. In coming years, some of the key aspects that will shape the growth prospects during the forecast period are objectively covered in the study.
Some important questions that the market report tries to answer exhaustively are:
- Key strategic moves by various players in the recent years with respect to product launches, deals and tie-ups, and mergers and acquisitions, and divestment of shares
- Which strategies will enable top players in the Market expand their geographic footprints
- Which new business models are expected to change the course of growth of key regional markets in near future
- Which technologies will witness most attractive research investments and what will be the key sources of funding for startups and new entrants
- Which products segments have in recent years have seen new, lucrative application areas
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Fact.MR has gradually established itself as one of the leading market research companies across the globe. Our unique, methodical, and up-to-date approach towards creating high-quality market reports ensures the reports include relevant market insights. Further, our team of analysts leaves no stone unturned while curating market reports in accord with the requirement of our clients.
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