Global Bio-Based Coatings Market Outlook, Trends 2023-2032

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Bio-Based Coatings Global Market Report 2023
Market Size, Trends and Global Forecast 2023-2032
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Bio-Based Coatings Market Definition
Bio-based coatings refer to the coatings made
from biomaterials that lessen the reliance on
scarce fossil resources. These solvents help in
addressing social challenges, and bio-based
coatings that can promote rural development and
employment. The bio-based coatings are used as
raw materials for producing bio-based solvents
such as resin, additives, and pigments made from
renewable raw materials.
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Bio-Based Coatings Market Characteristics
The global bio-based coatings market size grew
from 7.32 billion in 2022 to 8.66 billion in
2023 at a compound annual growth rate (CAGR) of
18.3. The bio-based coatings market size is
expected to grow to 15.16 billion in 2027 at a
CAGR of 15.0.
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Key Market Drivers And Trends
Drivers
Trends
Increasing awareness in society apropos of
environmentally-responsible products is expected
to propel the growth of the bio-based coatings
market going forward.
Technological advancement is a key trend gaining
popularity in the bio-based coatings market.
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Drivers, Trends, Restraints, Strategies, And
Opportunities On The Bio-Based Coatings Market
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Segments
The report covers the bio-based coatings markets
segments-
By Area Of Application


By VOC Content
By Sector
By Use
By Type
Decorative Paints, Transportation, Metal
Industrial Coatings, Industrial Maintenance And
Protective, Powder Coatings, Automotive Refinish,
Wood Coatings, Marine Coatings, Coil Coatings,
Packaging Coatings
Ester Solvents, D-Limonene, Alcohols, Glycols And
Diols Solvents, Other Types
Zero VOC (VOC Content Less Than 5 Grams Per
Liter), Low VOC (VOC Content Less Than 50 Grams
Per Liter), VOC Absorbing, Natural Paints
Internal Application, External Application
Commercial Sector, Industrial Sector, Residential
Sector
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Major companies in the market include
Key Market Players
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