Growing industrialization and standardization of the packaging procedures and high implementation of biopolymer coatings is driving the market.
Sarasota, FL -- (SBWIRE) -- 11/09/2016 -- The polymers that are extracted from nature, usually from the biological origin which are degradable in nature, are known as biopolymers. This source is available in ample amount for the raw materials. Clean production methods, zero health issues and environmental risk, solvent less solution are some of the advantages of biopolymers along with high efficiency. Biopolymer coating is used as a protective shielding for the surface of packaging material. Low oxygen and water vapour permeability, high flexibility, and rigid mechanical strength are some of the vital characteristics of the biopolymer coatings.
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The global biopolymer coatings market is segmented based on their material types as polysaccharides, proteins, and lipid compounds. These materials are further sub-segmented as for polysaccharides, cellulose, starches, chitosan acts as a protective film against oil, protein includes collagen, gluten, cotton seed proteins, and zein. Lipid compounds comprise natural waxes, animal fat, and plant fat. Based on the end-user, the global market is further classified as rigid packaging, textiles, food and beverages, flexible packaging, automotive, agriculture, consumer goods, and others.
Growing industrialization and standardization of the packaging procedures and high implementation of biopolymer coatings is driving the market. Preference towards eco-friendly materials in packaging industries as well as textiles is the driving factor of the biopolymer coatings market. Sustainable, recyclable, and nontoxic nature is the key element boosting the consumer preference towards the biopolymer materials, thus boosting the growth of the biopolymer coatings market. Moreover, rising urbanization and lifestyle, health and environment awareness, and consumer preferences towards fresh and ready meals in take away packaging with convenient packaging style is the vital factor impacting the growth of the biopolymer coatings market positively. Increasing investment for this packaging revolution is leading the demand for the biopolymer coatings in the market. High demand for biopolymers in cosmetics, food and beverages as well as constant efforts of the manufacturers to develop a wide range of quality products and technologies are the major drivers of the biopolymer coatings market.
The US dominates the global biopolymer coatings market owing to growing food and packaging industry, implementation of eco-friendly concepts, and rising industrialization and technology. Europe is expected to grow at a rapid pace due to changing consumer preferences towards using reusable products and expanding food industry in the coming years. Asia Pacific may boost the growth of the market owing to rising economy and rapid urbanization.
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Key market players in the global biopolymer coatings market include Ashland Inc., Dow Chemical, Economy Polymers & Chemicals, JM Huber, Novamont, Archer-Daniels-Midland (ADM), Plantic Technologies, Cargill Inc. and Corbion NV. Other major players dominating the market are ICC Industries Incorporated, NovaMatrix, Borregaard ASA, and Croda International.
Biopolymer Coatings Market: Regional Segment Analysis
Middle East and Africa
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