Global Bio-based Coatings, Adhesives, and Sealants (CAS) Growth Opportunities

Global Bio-based Coatings, Adhesives, and Sealants (CAS) Growth Opportunities

The Supply-side Push (Product Labels and Certificates) and the Demand-side Pull (Packaging and Decorative Segment Customers Want to Use Green Products) will Accelerate Market Growth

RELEASE DATE
15-Sep-2021
REGION
Global
Research Code: MG27-01-00-00-00
SKU: CM01899-GL-MT_25778
$4,950.00
In stock
SKU
CM01899-GL-MT_25778
$4,950.00
DownloadLink

Pay by invoice

ENQUIRE NOW

Description

This Frost & Sullivan study assesses the current status and the future prospects of the global bio-based coatings, adhesives, and sealants (CAS) market. It discusses the volumes and the revenues generated from bio-based materials from 2017 to 2027. Revenues are recorded at the raw material (resins, pigments, solvents, and additives) level.

Over the past few years, the bio-based CAS market has been recording substantial growth due to the growing focus on sustainability among manufacturers, governments, and end consumers. Europe is at the forefront in terms of the adoption of bio-based raw materials across a wide range of applications; for example, the Dutch and the Swiss Governments encourage the production of bio-based materials through environmental labeling systems and public tenders for raw materials.

In addition, consumer preference for environmentally friendly and naturally sourced products is rising in several countries, including Germany, France, Italy, and Scandinavia. This is especially true in construction applications where indoor air quality concerns are on the rise; therefore, end consumers are switching to healthier and cleaner CAS products.

The cost-performance index, however, remains a crucial part of the bio-based ecosystem, and it is becoming increasingly important to identify and develop bio-based feedstock that can be directly used in a wide range of applications (this will minimize technical hurdles and processing difficulties). Owing to minimal production changes, value chain stakeholders are preferring drop-in substitutes. Falling oil prices have reduced the cost competitiveness of bio-based materials; however, the growing scale of production will diminish costs in future.

For bio-based raw materials to replace existing petrochemical counterparts, the following aspects will remain imperative:
• Performance: Ease of processing and performance that is comparable to crude oil-based systems will remain crucial.
• Availability: Raw materials must be made available without interferences to the human or the animal food chains; if raw materials are available in small quantities, initially, it is important to have a clear plan to quickly upscale to large quantities within a defined timeframe.
• Price: In an optimum scenario, the prices of bio-based materials will match those of petrochemical-based derivatives. Raw materials will gain traction only when there is assurance that the prices of bio-based materials will match those of conventional raw materials when volumes increase.

Key Issues Addressed

  • What stage is the market at? At what rate is it expected to grow during the forecast period? 
  • What are the growth opportunities for bio-based CAS products? 
  • How will the regulatory scenario shape the market? 
  • What are the key technological developments observed across the major segments? 
  • Which competitive factors impact the market? Which companies are expected to lead the market in future?

Author: Soundarya Gowrishankar

Table of Contents

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top Three Strategic Imperatives on the Global Bio-based CAS Market

Growth Opportunities Fuel the Growth Pipeline Engine™

Introduction

Introduction (continued)

Geographic Scope

Market Segmentation

Market Segmentation—Bio-based Coatings Segment

Market Segmentation—Bio-based A&S Segment

Key Growth Metrics

Value Chain Analysis—Bio-based Coatings Market

Key Competitors Across the Value Chain

Value Chain Analysis—Bio-based A&S Market

Key Competitors Across the Value Chain

Growth Drivers

Growth Driver Analysis

Growth Driver Analysis (continued)

Growth Driver Analysis (continued)

Growth Driver Analysis (continued)

Growth Driver Analysis (continued)

Growth Driver Analysis (continued)

Growth Restraints

Growth Restraint Analysis

Growth Restraint Analysis (continued)

Growth Restraint Analysis (continued)

Growth Restraint Analysis (continued)

Forecast Assumptions

Revenue and Volume Forecast

Revenue Forecast by Segment

Volume Forecast by Segment

Competitive Environment—Bio-based Coatings Segment

Revenue Share—Bio-based Coatings Segment

Revenue Share—Bio-based Coatings Segment (continued)

Competitive Environment—Bio-based A&S Segment

Revenue Share—Bio-based A&S Segment

Revenue Share—Bio-based A&S Segment (continued)

Key Trends in the Coatings Market and their Impact on Bio-based Coatings

Key Growth Metrics

Graphical Summary—Key Drivers and Restraints

Coating Constituents and the Penetration of Bio-based Materials

Revenue and Volume Forecast

Revenue and Volume Forecast Analysis

Pricing Trends and Forecast

Percent Volume Forecast by Region

Percent Volume Forecast Analysis by Region

Volume Forecast by Bio-based Coating Constituents

Volume Forecast Analysis by Bio-based Coating Constituents

Volume Forecast Analysis by Bio-based Coating Constituents (continued)

Volume Forecast Analysis by Bio-based Coating Constituents (continued)

Percent Volume Forecast by Application

Percent Volume Forecast by Application (continued)

Key Trends in the A&S Market and Their Impact on Bio-based A&S

Key Growth Metrics

Graphical Summary—Key Drivers and Restraints

A&S Constituents and the Penetration of Bio-based Materials

Revenue and Volume Forecast

Revenue and Volume Forecast Analysis

Pricing Trends and Forecast

Percent Volume Forecast by Region

Percent Volume Forecast Analysis by Region

Volume Forecast by Bio-based A&S Constituents

Volume Forecast Analysis by Bio-based A&S Constituents

Volume Forecast Analysis by Bio-based A&S Constituents (continued)

Percent Volume Forecast by Application

Percent Volume Forecast Analysis by Application

Percent Volume Forecast Analysis by Application (continued)

Growth Opportunity 1: R&D Activities for New Product and Technology Development

Growth Opportunity 1: R&D Activities for New Product and Technology Development (continued)

Growth Opportunity 2: Packaging Advancements to Boost CAS Demand

Growth Opportunity 2: Packaging Advancements to Boost CAS Demand (continued)

Growth Opportunity 3: Material and Product Certifications to Boost Credibility

Growth Opportunity 3: Material and Product Certifications to Boost Credibility (continued)

Your Next Steps

Why Frost, Why Now?

List of Exhibits

List of Exhibits (continued)

Legal Disclaimer

Related Research
This Frost & Sullivan study assesses the current status and the future prospects of the global bio-based coatings, adhesives, and sealants (CAS) market. It discusses the volumes and the revenues generated from bio-based materials from 2017 to 2027. Revenues are recorded at the raw material (resins, pigments, solvents, and additives) level. Over the past few years, the bio-based CAS market has been recording substantial growth due to the growing focus on sustainability among manufacturers, governments, and end consumers. Europe is at the forefront in terms of the adoption of bio-based raw materials across a wide range of applications; for example, the Dutch and the Swiss Governments encourage the production of bio-based materials through environmental labeling systems and public tenders for raw materials. In addition, consumer preference for environmentally friendly and naturally sourced products is rising in several countries, including Germany, France, Italy, and Scandinavia. This is especially true in construction applications where indoor air quality concerns are on the rise; therefore, end consumers are switching to healthier and cleaner CAS products. The cost-performance index, however, remains a crucial part of the bio-based ecosystem, and it is becoming increasingly important to identify and develop bio-based feedstock that can be directly used in a wide range of applications (this will minimize technical hurdles and processing difficulties). Owing to minimal production changes, value chain stakeholders are preferring drop-in substitutes. Falling oil prices have reduced the cost competitiveness of bio-based materials; however, the growing scale of production will diminish costs in future. For bio-based raw materials to replace existing petrochemical counterparts, the following aspects will remain imperative: • Performance: Ease of processing and performance that is comparable to crude oil-based systems will remain crucial. • Availability: Raw materials must be made available without interferences to the human or the animal food chains; if raw materials are available in small quantities, initially, it is important to have a clear plan to quickly upscale to large quantities within a defined timeframe. • Price: In an optimum scenario, the prices of bio-based materials will match those of petrochemical-based derivatives. Raw materials will gain traction only when there is assurance that the prices of bio-based materials will match those of conventional raw materials when volumes increase.--BEGIN PROMO--

Key Issues Addressed

  • What stage is the market at? At what rate is it expected to grow during the forecast period? 
  • What are the growth opportunities for bio-based CAS products? 
  • How will the regulatory scenario shape the market? 
  • What are the key technological developments observed across the major segments? 
  • Which competitive factors impact the market? Which companies are expected to lead the market in future?

Author: Soundarya Gowrishankar

More Information
No Index No
Podcast No
Author Soundarya Gowrishankar
Industries Chemicals and Materials
WIP Number MG27-01-00-00-00
Is Prebook No
GPS Codes 9100-A2,9869-A2,9595,9870,GETE