SAN FRANCISCO, Sept. 7, 2021 /PRNewswire/ — A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled “Biopolymer Coatings – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

Biopolymer Coatings

Biopolymer Coatings

FACTS AT A GLANCE

Edition:  8; Released:  April 2021

Executive Pool:  3362

Companies:  46 – Players covered include Akzo Nobel NV; Archer Daniels Midland Company; Corbion NV; DowDuPont, Inc.; Mitsubishi Chemical Corporation; Roquette; WestRock Company and Others.

Coverage:  All major geographies and key segments

Segments:  Product Type (Bio PA, PLA, Starch, Cellulose Ester, Nitrocellulose, Other Product Types)

Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

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ABSTRACT-

Global Biopolymer Coatings Market to Reach $1.5 Billion by 2026

Amid the COVID-19 crisis, the global market for Biopolymer Coatings estimated at US$976.7 Million in the year 2020, is projected to reach a revised size of US$1.5 Billion by 2026, growing at a CAGR of 7.2% over the analysis period. Bio PA, one of the segments analyzed in the report, is projected to record a 10% CAGR and reach US$204.8 Million by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the PLA segment is readjusted to a revised 9.5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $313.2 Million in 2021, While China is Forecast to Reach $263.1 Million by 2026

The Biopolymer Coatings market in the U.S. is estimated at US$313.2 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$263.1 Million by the year 2026 trailing a CAGR of 6.9% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.5% and 6.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 6.6% CAGR.

Starch Segment to Reach US$178.4 Million by the year 2026

In the global Starch segment, USA, Canada, Japan, China and Europe will drive the 10.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$77.3 Million in the year 2020 will reach a projected size of US$159.9 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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Zak Ali

Director, Corporate Communications

Global Industry Analysts, Inc.

Phone: 1-408-528-9966

www.StrategyR.com

Email: [email protected]

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