Biobased Paints and Coatings Market Report

The biobased Paints and Coatings Market Report is now also available in parts (e.g. individual country profiles or all manufacturer profiles). Please feel free to contact us and we will immediately send you an offer for your specific selection.

Construction sites going green: the construction sector and other industries are increasingly working with sustainable materials, for example biobased insulation materials, biobased adhesives and bioplastics. Ceresana has now for the first time examined the global market for biobased paints and coatings made entirely or at least partly from renewable raw materials or minerals. The new market report forecasts that biobased paints for the interior and exterior of buildings, as well as wood and industrial coatings, will achieve global sales of around USD 19.6 billion by 2032. Not considered in this study are roller and brush-on plasters, food and textile inks, printing inks, finger paints for children and paint products for artists.

Budding growth for biobased paints

Biobased paints and coatings are sold under different names: Natural paints, organic paints, building biology or eco paints, even vegan paints are available. These coatings promise to be less toxic and more environmentally friendly than petrochemical products based purely on petroleum or natural gas. The market for biobased paints and coatings is still at the dawn of its development and accounts for only a small portion of the total paint and coatings market so far. Over the next 10 years, however, the volume will increase significantly: Ceresana expects annual growth of over 5.1% in Asia, 3.9% in Europe and 3.3% in North America. However, there are still many challenges to overcome for a real breakthrough: prices and properties of organic products cannot yet keep up with fossil competitors in all applications. So far, it has also not yet been clarified what exactly “organic” should mean for paints and coatings. Ideally, the natural raw materials should come from sustainable agriculture, forestry or fisheries and remain as unchanged as possible.

Non-toxic, environmentally friendly and beneficial

Minerals and renewable raw materials not only offer greater independence from crude oil and natural gas: although biobased paints and coatings are often more expensive than fossil products, they can in some cases offer better quality and cost-effectiveness, for instance advantages such as higher color fastness, abrasion resistance, viscosity or color coverage. Natural pigments offer a very broad color spectrum. Natural paints that don’t have a diffusion barrier prevent condensation and mold: they allow moisture in the air to pass through, can store it and release it again. One of the main arguments in favor of “green” coatings is their harmlessness to health and the environment: the long-term effects of solvents, plasticizers, nanoparticles and other potentially toxic paint substances often still have to be researched, especially the combined use of combinations of different substances. In contrast, many natural materials have been known and tested for centuries. The “full declaration” of all ingredients not only helps people suffering from allergies and chemical intolerances. Biodegradable paint residues can simply be disposed of on the compost pile.

The current Ceresana market report „Biobased Paints and Coatings”:

Chapter 1 of the new study provides a comprehensive presentation and analysis of the global market for biobased paints and coatings – including forecasts up to 2032: the development of consumption (tonnes) and revenues (USD and EUR) is presented for the regions of Europe, North America, Asia-Pacific and “Rest of the World”.

In Chapter 2, the 10 countries with the largest biobased paint sales are considered individually: France, Germany, Italy, Spain, the United Kingdom, the USA, China, India, Japan and South Korea. Demand and revenues are presented for each country.

Chapter 3 provides useful company profiles of the major manufacturers of biobased paints and coatings, arranged by contact details, revenues, profit, product range, production sites and brief profile. Detailed profiles are provided by 38 manufacturers, e.g. AURO Pflanzenchemie AG, DAW SE, Fusion Mineral Paint, ICA SpA, Kreidezeit Naturfarben GmbH, Lakeland Paints Ltd., Nippon Paint Holdings Co., Ltd., PPG Industries, Sherwin-Williams, Vermont, and Natural Coatings, Inc.

Scope of the Report:

FAQs

How will global revenues generated with biobased paints and coatings develop until 2032?

The new market report forecasts that biobased paints will achieve global sales of around USD 19.6 billion by 2032.

How will the market for biobased paints and coatings develop over the next 10 years?

Ceresana expects annual growth of over 5.1% in Asia, 3.9% in Europe and 3.3% in North America.

Graph 1: Global demand from 2020 to 2032
Graph 2: Global demand from 2020 to 2032 – split by region
Graph 3: Global revenues from 2020 to 2032 in billion USD and billion EUR
Graph 4: Global revenues from 2020 to 2032 in billion USD – split by region
Graph 5: Global revenues from 2020 to 2032 in billion EUR – split by region
Graph 6: Demand in Europe from 2020 to 2032
Graph 7: Revenues generated in Europe from 2020 to 2032 in billion USD and billion EUR
Graph 8: Demand in North America from 2020 to 2032
Graph 9: Revenues generated in North America from 2020 to 2032 in billion USD and billion EUR
Graph 10: Demand in Asia-Pacific from 2020 to 2032
Graph 11: Revenues generated in Asia-Pacific from 2020 to 2032 in billion USD and billion EUR
Graph 12: Demand in the rest of the world from 2020 to 2032
Graph 13: Revenues in the rest of the world from 2020 to 2032 in billion USD and billion EUR
Graph 14: Demand in France from 2020 to 2032
Graph 15: Demand in Germany from 2020 to 2032
Graph 16: Demand in Italy from 2020 to 2032
Graph 17: Demand in Spain from 2020 to 2032
Graph 18: Demand in the United Kingdom from 2020 to 2032
Graph 19: Demand in the remaining countries of Europe from 2020 to 2032
Graph 20: Demand in Canada & Mexico from 2020 to 2032
Graph 21: Demand in the USA from 2020 to 2032
Graph 22: Demand in China from 2020 to 2032
Graph 23: Demand in India from 2020 to 2032
Graph 24: Demand in Japan from 2020 to 2032
Graph 25: Demand in South Korea from 2020 to 2032
Graph 26: Demand in the remaining countries of Asia-Pacific from 2020 to 2032