Global Biodegradable Coatings Market 2023-2030

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    GLOBAL BIODEGRADABLE COATINGS MARKET

     

    KEY FINDINGS

    1. The upcoming European fertilizer standards that will come into effect in 2026 will be a major growth driver for biodegradable coated fertilizers
    2. Packaging industry could be one of the major adopters of biodegradable coating as it provides properties such as water resistance, grease barrier, and sealability to paper and cardboards. It also improves sorting and recyclability which is major talking point in the packaging industry
    3. Medical industry, especially medical device manufacturers, are testing biodegradable coating to reduce friction and improve lubricity. It can also reduce the risk of infection and tissue damage
    4. In the wood and textile industry, a significant amount of research is ongoing at various universities. We expect commercialization in these two industries within next 3 to 5 years

     

    INTRODUCTION

    Biodegradable polymers are used in bio-based sustainable coatings. When submerged in soil, this bioplastic material breaks down into carbon dioxide and water. This makes paper packaging unquestionably more environmentally friendly than any plastic substitute.

     

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    Biodegradable coatings are useful for lining containers like bottles used for food items and personal care products because they can be easily applied to a variety of substrates to give a waterproof coating. Under ambient settings, the biodegradable coatings quickly degrade to produce environmentally friendly byproducts.

     

    GLOBAL BIODEGRADABLE COATINGS MARKET SIZE AND FORECAST

    The global biodegradable coatings market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

     

    RECENT PARTNERSHIPS

    Danimer Scientific and Kemira have announced an exclusive agreement to create a biodegradable covering for the paper and board sector. In order to provide biodegradable aqueous barrier coatings for more environmentally friendly paper and board goods, Kemira, a global pioneer in sustainable chemical solutions for water-intensive sectors, and Danimer Scientific have partnered. Before examining more extensive production alternatives, the businesses plan to produce coatings for a small number of commercial uses.

     

    A coffee cup’s coating creates a barrier to prevent moisture and grease from leaking through the cup’s material. It is anticipated that the global barrier market will expand by 8% a year.

     

    This coating and surface treatment will guarantee that paper and board products are entirely biodegradable in soil and water as brand owners’ and consumers’ desire for sustainable paper and board products rises. Nodax (polyhydroxyalkanoate, PHA), a biopolymer from Danimer Scientific, is entirely made of renewable plant materials including canola and soy seeds.

     

    The majority of paper and board items, including cups and food packaging, are currently coated with polyethylene derived from fossil fuels, which reduces the products’ potential to be recycled and produces plastic trash.

     

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. How many Biodegradable Coatings are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    2. Cost breakup of a global Biodegradable Coatings and key vendor selection criteria
    3. Where are the Biodegradable Coatings manufactured? What is the average margin per unit?
    4. Market share of global Biodegradable Coatings market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture global Biodegradable Coatings in-house
    6. key predictions for next 5 years in global Biodegradable Coatings market
    7. Average B-2-B Biodegradable Coatings market price in all segments
    8. Latest trends in Biodegradable Coatings market, by every market segment
    9. The market size (both volume and value) of the Biodegradable Coatings market in 2023-2030 and every year in between?
    10. Production breakup of Biodegradable Coatings market, by suppliers and their OEM relationship
     
    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2023-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2023-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2023-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
       
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