Biopolymer Coatings Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2023
- Transparency Market Research
Global Biopolymer Coatings Market: Overview
Material and coatings technologies demonstrate application in both industrial and commercial sectors. Furthermore, with numerous research and development activities underway by leading enterprises across various segments, commercialization of novel coating materials is expected. The growing environmental concerns and the increasing demand for longer shelf life and better quality in food products have thus led to the expansion of the global biopolymer coatings market.
Biopolymers are biodegradable polymers, which are considered safe for the environment. The materials used for the production of biopolymers can be either renewable (based on agricultural or animal products) or synthetic. Since biopolymer coatings are composed of natural ingredients, they are deemed more environment friendly than throw-away synthetic alternatives.
Biopolymer coatings can be used as barrier coatings on packaging materials. These coatings can inhibit unwanted moisture transfer in food products and can also serve as an excellent oil and oxygen barrier. Biopolymer coatings thus exhibit potential of replacing the current paperboard and synthetic paper coatings. Furthermore, the integration of antimicrobial agents in biopolymer coatings to create active paper packaging materials provides an efficient option for protecting food from microorganism infiltration.
The report provides a comprehensive overview of the global biopolymer coatings market. It compiles exhaustive information relating to the existing and potential application of biopolymer coatings in both industrial and commercial scale. The information thus compiled is presented in a coherent chapter-wise format, which is further interspersed with relevant graphs, tables, and statistics for an in-depth analysis. The various properties of biopolymer coatings are reviewed in detail.
Global Biopolymer Coatings Market Key Opportunities and Threats
Among the various end-use segments, packaging held the dominant share in the market in 2015. The demand for cost-effective and more environment-friendly materials for packaging is expected to drive the global biopolymer coatings market. Cost will emerge as a critical factor determining the industry penetration of biopolymer coatings.
The rising awareness about the nontoxicity of biopolymer coatings and the sustainable packaging solutions they offer will substantially boost the global biopolymer coatings market. The most commonly used materials for producing biopolymer coatings include lipids, protein, and polysaccharide. In order to improve their performance properties, antioxidants, plasticizers, antimicrobial agents, and regular paper pigments are also added to coatings.
The market is also significantly gaining from government support and favorable initiatives promoting the use of renewable energy resources. Furthermore, the prevailing bio-packaging trends that are expected to provide benefits to farmers and agricultural processers are also likely to boost the global biopolymer coatings market.
Global Biopolymer Coatings Market: Region-wise Outlook
The U.S. has emerged as one of the most lucrative markets for biopolymer coatings. The rapidly growing food and packaging industry in the country and the rising demand for green technology are significantly aiding the expansion of biopolymer coatings market in the U.S. The biopolymer coatings market in Europe is also poised to surge at an exponential rate owing to the expansion of the food industry in the region and a change in consumer preference for biodegradable products.
In the next few years, Asia Pacific is expected to emerge as a major contributor to the global biopolymers market. The rapid industrialization witnessed in India and China will substantially boost the biopolymer coatings market in the region.
Global Biopolymer Coatings Market: Competitive Insight
Meredian Holdings Group (MHG) holds a substantial share in the global biopolymer coatings market. The Food Substance Contact Notification approval received from the Food and Drug Administration (FDA) is further expected to boost sales of companies. Other prominent enterprises operating in the market include Algae Biopolymers, Cargill, FMC, Solanyl Biopolymers, and Nature Works LLC.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
- Middle East and Africa (GCC, Southern Africa, North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
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