Product Code: AVM254A
The global market for bio-based coatings is expected to grow from $13.6 billion in 2025 and is projected to reach $22.6 billion by the end of 2030, at a compound annual growth rate (CAGR) of 10.7% during the forecast period of 2025 to 2030.
The North American market for bio-based coatings is expected to grow from $4.2 billion in 2025 and is projected to reach $7.4 billion by the end of 2030, at a CAGR of 11.9% during the forecast period of 2025 to 2030.
The European market for bio-based coatings is expected to grow from $4.6 billion in 2025 and is projected to reach $7.1 billion by the end of 2030, at a CAGR of 9% during the forecast period of 2025 to 2030.
Report Scope
The report analyzes the global market for bio-based coatings. Estimated values are based on manufacturers' total revenues. Projected revenue values are in constant U.S. dollars, unadjusted for inflation. The global bio-based coatings market is segmented by:
- Product type (water-borne, solvent-borne, powder, and high solids).
- Resin type (acrylic, alkyd, polyurethane, and others).
- Functionality (decorative, protective, antimicrobial, and others).
- End use (building and construction, transportation, furniture, packaging, and others).
- Region (North America, Europe, Asia-Pacific, South America, and the Middle East and Africa (MEA).
Report Includes
- 117 data tables and 41 additional tables
- An updated assessment of the global bio-based coatings market
- In-depth analysis of global market trends, featuring historical revenue data for 2024, estimated figures for 2025, as well as forecasts for 2029, including projections of CAGRs through 2030
- Evaluation of the current market size and revenue growth prospects specific to the bio-based coatings, accompanied by a market share analysis by resin type, product type, functionality, end-use industry and region
- Analysis of current and future demand in the global bio-based coatings industry, along with a detailed analysis of the competitive environment, market regulations and reimbursement practices
- Review of patents granted for bio-based coatings by each major category and of emerging developments in the global market
- In-depth information on increasing investments in R&D activities, key technology issues, and industry-specific challenges of this market
- Market share analysis of the key market participants in the bio-based coatings industry, along with their research priorities, product portfolios, global rankings and company competitive landscape
- Profiles of major companies within the industry, including BASF, Covestro AG, Akzo Nobel N.V., Arkema, and Axalta Coating Systems LLC
Table of Contents
Chapter 1 Executive Summary
- Market Outlook
- Scope of Report
- Market Summary
- Market Dynamics and Growth Factors
- Emerging Technologies
- Future Trends and Developments
- Regional and Emerging Markets
- Segmental Analysis
- Conclusion
Chapter 2 Market Overview
- Market Definition
- Factors Affecting the Selection of Bio-based Coatings
- Importance of Bio-based Coatings
- Impact of Tariff War
Chapter 3 Market Dynamics
- Takeaways
- Market Dynamics Snapshot
- Drivers
- Sustainability Initiatives of Public Companies
- Growing Significance of Bio-based Coatings
- Restraints
- Outperformed by Conventional Coatings
- Regulatory Burden on Producers
- Opportunities
- Transportation Applications
- Carbon Neutrality and Net-Zero Emissions
- Challenges
- High Cost
- Limited Market Reach
Chapter 4 Regulatory Landscape
- Takeaways
- Regulatory Bodies Overseeing the Bio-based Coatings Industry
Chapter 5 Emerging Technologies and Developments
- Takeaways
- Emerging Technologies
- Morro Coating
- Bio-based Coatings from Rice Bran Wax
- Sprayable Opaque Bio-based Coating Technology
Chapter 6 Analysis of the Global Supply Chain for Bio-based Coatings
Chapter 7 Market Segmentation Analysis
- Takeaways
- Segmentation Breakdown
- Market Analysis by Product Type
- Water-borne
- Solvent-borne
- Powder
- High Solids
- Market Analysis by Resin Type
- Acrylic
- Alkyd
- Polyurethane
- Other Resins
- Market Analysis by Functionality
- Decorative
- Protective
- Antimicrobial Bio-based Coatings
- Other Functionalities
- Market Analysis by End Use
- Building and Construction
- Transportation
- Furniture
- Packaging
- Other Industries
- Geographic Breakdown
- Takeaways
- Market Analysis by Region
- North America
- Europe
- Asia-Pacific
- South America
- Middle East and Africa
Chapter 8 Competitive Intelligence
- Industry Structure
- Bio-based Coatings Markets: Company Share Analysis
- Strategic Analysis
Chapter 9 Sustainability in Bio-based Coatings Market: An ESG Perspective
- ESG in the Bio-based Coatings Industry
- ESG Practices by Bio-based Coating Companies
- Environmental Issues
- Social Issues
- Governance Issues
- Current Status of ESG in the Bio-based Coatings Industry
- Risk Scale, Exposure Scale, and Management Scale
- Future of ESG: Emerging Trends and Opportunities
- Concluding Remarks from BCC Research
Chapter 10 Appendix
- Methodology
- Information Sources
- Abbreviations
- References
- Company Profiles
- AKZO NOBEL N.V.
- ARKEMA
- AXALTA COATING SYSTEMS LLC
- BASF
- BIOSHIELD COATING SOLUTIONS
- CORTEC CORP.
- COVESTRO AG
- MASQUELACK CHEMICAL INDUSTRIES SA
- MELODEA
- NIPPON PAINT HOLDINGS CO. LTD.
- PPG INDUSTRIES INC.
- RENNER ITALIA S.P.A
- RPM INTERNATIONAL INC.
- THE SHERWIN-WILLIAMS CO.