What is Biopolymer Paint?
Biopolymer paints have wide applications including packaging, food and beverage, automotive, construction, textile, and it is used in healthcare equipment. Biopolymer paints are highly used for packaging because it has the ability to increase the shelf life of the product.
The market study is broken down by Type (Bio PU Paint, Bio PA Paint, Bio PBS Paint, PLA Paint and Starch Paint), by Application (Packaging, Healthcare Equipment, Food Products and Others) and major geographies with country level break-up.
Global Biopolymer Paint is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching New Products. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
AkzoNobel (Netherlands), Arkema (France), BASF (Germany), Cargill (United States), NatureWorks (United States), Corbion (Netherlands), DuPont (United States), EcoSynthetix (Canada), Novamont S.p.A (Italy) and Roquette Group (France) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Safepack Industries Ltd. (India) and WestRock Company (United States).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Biopolymer Paint market by Type, Application and Region.
On the basis of geography, the market of Biopolymer Paint has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End-Use Verticals, the sub-segment i.e. Food and Beverages will boost the Biopolymer Paint market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channels, the sub-segment i.e. Online Channels will boost the Biopolymer Paint market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
On 31st January 2020, BASF has completed the acquisition of Solvay’s polyamide business. This acquisition increases the polyamide capabilities of BASF with innovative and well-known products. The transaction allows BASF to support the customers with better plastic solutions.
Market Trend
- Growing Awareness of Nontoxicity of Biopolymer Paints
- Introduction of Benefits of Biopolymer Paint
Market Drivers
- Increasing Demand Low-Cost Materials
- Growing Applications of Biopolymer Paint in Construction and Automotive Sector
Opportunities
- The rising Adoption of Biopolymer Paint will create Opportunities for the Market.
Restraints
- The increasing Number of Substitutes will hamper the Biopolymer Paint Market.
Key Target Audience
Biopolymer Paint Manufacturers, Biopolymer Paint Suppliers and Distributors, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.