Bio Based Coating Market Size and Outlook 2031

Report Description

Forecast Period	2027-2031
Market Size (2025)	USD 10.73 Billion
CAGR (2026-2031)	8.61%
Fastest Growing Segment	Woodwork
Largest Market	Asia Pacific
Market Size (2031)	USD 17.61 Billion

Market Overview

The Global Bio Based Coating Market will grow from USD 10.73 Billion in 2025 to USD 17.61 Billion by 2031 at a 8.61% CAGR. Bio-based coatings are protective or decorative surface treatments formulated with resins and binders derived from renewable agricultural or biomass feedstocks, effectively reducing reliance on fossil-fuel precursors. The market is primarily supported by stringent environmental regulations regarding volatile organic compound emissions and a strategic imperative for manufacturers to insulate operations from petrochemical price volatility. Furthermore, the accelerating corporate pursuit of carbon neutrality and the reduction of Scope 3 emissions function as critical drivers, fostering long-term demand distinct from transient consumption trends.

Significant challenges remain regarding the elevated production costs of these renewable formulations compared to established synthetic alternatives, which can impede adoption in price-sensitive industrial segments. However, the upstream supply chain is strengthening to meet these needs. According to European Bioplastics, in 2025, global biobased plastics production capacity is projected to double from 2.31 million tonnes in the current year to approximately 4.69 million tonnes by 2030, indicating a rapidly expanding material base for sustainable industrial applications.

Key Market Drivers

Corporate sustainability mandates and carbon footprint reduction goals are fundamentally reshaping the global bio-based coating market, as manufacturers aggressively pivot toward renewable formulations to meet Scope 3 emission targets. This strategic shift is reinforced by stringent government regulations limiting volatile organic compounds (VOCs), compelling the adoption of low-carbon alternatives in architectural and industrial applications to ensure compliance. Major industry players are swiftly reformulating portfolios to align with these environmental standards, effectively securing market share among eco-conscious consumers and industrial clients. For instance, according to PPG, May 2024, in the '2023 Sustainability Report', 44% of the company's sales were derived from sustainably advantaged products, including bio-based paints designed to enhance energy efficiency and reduce emissions.

Technological advancements in bio-based resin performance and the strengthening supply chain of renewable raw materials are further accelerating market scalability by overcoming historical cost and durability barriers. Innovations in processing plant biomass into high-performance chemical building blocks allow for the creation of coatings that rival fossil-fuel incumbents in hardness and corrosion resistance. A notable breakthrough occurred when, according to Covestro, February 2024, in the 'World's First Pilot Plant for Bio-Based Aniline' press release, the company commissioned a facility to produce aniline entirely from plant biomass, a crucial precursor for methylene diphenyl diisocyanate (MDI) used in diverse coating applications. This surge in innovation supports a broader upward trajectory for renewable materials; according to European Coatings, in 2024, the compound annual growth rate (CAGR) for bio-based polymers is projected to reach 17% through 2028, signaling robust expansion for the foundational chemistries of this market.

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Key Market Challenges

The high production cost of renewable formulations compared to synthetic alternatives stands as a primary obstacle restricting the expansion of the Global Bio Based Coating Market. Although the technical performance of bio-based resins has improved, the refinement of agricultural feedstocks into viable binders remains a capital-intensive process that significantly exceeds the expense of petrochemical extraction. This price premium hampers adoption in cost-sensitive industrial sectors where procurement strategies prioritize margin preservation over environmental metrics. Consequently, manufacturers in volume-driven markets often delay the transition to sustainable coatings, viewing the elevated material costs as a financial liability that cannot be easily passed on to the end consumer.

This economic friction creates a visible disparity between the industry's manufacturing potential and the actual market uptake. High prices effectively suppress the demand volume necessary to utilize existing infrastructure fully. According to European Bioplastics, in 2024, the average utilisation rate of the bioplastics industry, which provides the essential polymer precursors for these coatings, was approximately 58 percent. This figure indicates that a substantial portion of production capacity remains idle, serving as clear evidence that the cost barrier is preventing the widespread commercial application required to drive robust market growth.

Key Market Trends

The adoption of mass balance certification is emerging as a primary strategy for integrating renewable feedstocks into the global bio-based coating market, enabling manufacturers to bypass the high capital costs of dedicated bio-refineries. This approach allows chemical producers to co-process biomass, such as bio-naphtha or biogas, alongside fossil fuels in existing crackers, mathematically attributing the sustainable content to specific end-products. This "drop-in" capability facilitates rapid scalability and immediate carbon footprint reduction for industrial clients without requiring formulation changes. According to BASF, May 2025, in the 'BASF Coatings expands business with biomass-balanced products' press release, the company’s portfolio of biomass-balanced products saved around 8 million kilograms of CO2 emissions in 2024.

Concurrently, there is a significant expansion of bio-based barrier coatings in the paper packaging sector, driven by the urgent need to replace non-recyclable aluminum and fossil-plastic layers in aseptic and food containers. Innovations in plant-based polymer dispersions are now providing the necessary resistance to oxygen, grease, and moisture, allowing paper-based solutions to compete directly with traditional laminates while enhancing recyclability. This shift is substantiated by the growing volume of goods utilizing these advanced materials. According to SIG, February 2025, in the 'Annual Report 2024', the volume of food packed with the company's SIG Terra sustainable packaging materials, which utilize forest-based polymers and barrier coatings, reached approximately 1.68 billion liters in 2024.

Segmental Insights

The Woodwork segment is currently identified as the fastest-growing category within the Global Bio Based Coating Market, driven primarily by the expanding furniture and interior design sectors. This rapid growth is largely propelled by stringent environmental standards enforced by regulatory bodies such as the European Chemicals Agency (ECHA), which impose rigorous limits on Volatile Organic Compounds (VOCs) to safeguard indoor air quality. Consequently, manufacturers are aggressively adopting bio-based formulations to ensure compliance while satisfying the escalating consumer demand for non-toxic, sustainable finishes in residential and commercial applications.

Regional Insights

Asia Pacific holds the leading position in the global bio-based coating market, driven by rapid industrialization and robust construction activities in major economies like China and India. This dominance is supported by strict environmental mandates targeting volatile organic compound emissions, such as the pollution control standards enforced by China's Ministry of Ecology and Environment. Additionally, the region benefits from the abundant availability of renewable raw materials necessary for production. These factors collectively foster a favorable environment for the adoption of sustainable coating solutions across the manufacturing and building sectors.

Recent Developments

In November 2024, UPM Specialty Papers and Eastman announced a collaboration to develop a new paper-based food packaging solution featuring a compostable, bio-based coating. The innovation combines UPM's compostable barrier paper with Eastman's bio-based and compostable polymer technology to create a packaging format that is both thin and lightweight. This solution is designed to meet strict food contact requirements while offering grease and moisture resistance for applications such as confectionery and food service. The partnership aims to provide scalable, sustainable alternatives to traditional plastic-coated packaging, facilitating the transition toward renewable materials in the food packaging sector.
In November 2024, Covestro expanded its portfolio of sustainable coating raw materials in the Asia-Pacific region by launching the production of a partially bio-based polyaspartic hardener. The product, Desmophen CQ NH, contains at least 25 percent bio-based content derived from renewable feedstocks and is manufactured using renewable energy at the company's site in China. This high-performance material is suitable for various applications, including wind turbine blade coatings, flooring systems, and infrastructure protection. By localizing the production of this bio-based solution, the company aims to support the circular economy and help customers in the region reduce their carbon footprint.
In August 2024, BASF announced a strategic shift in its portfolio by replacing fossil-based ethyl acrylate with a bio-based alternative for all customers starting in the fourth quarter of the year. The new bio-based ethyl acrylate features a carbon-14 traceable bio-content of 40 percent and offers a significantly reduced product carbon footprint compared to traditional options. This sustainable monomer is chemically identical to its fossil-based predecessor, ensuring seamless integration into existing production processes for coatings and adhesives. The initiative underscores the company's commitment to driving the bio-transformation of the chemical industry and supporting customers in achieving their sustainability targets.
In July 2024, Stahl introduced a new range of high-performance, bio-based edge paints designed specifically for the luxury accessories market. The new product line, marketed as Stahl Ymagine, incorporates renewable raw materials to address the growing demand for sustainable fashion components. This launch aligns with the company's environmental, social, and governance roadmap, offering brands a solution that reduces reliance on fossil-based formulations without compromising on quality or durability. The bio-based edge paint provides excellent performance characteristics, such as hydrolysis resistance and high solids content, supporting the industry's transition toward lower-impact materials.

Key Market Players

Akzo Nobel N.V.
PPG Industries, Inc.
Sherwin-Williams Company
Nippon Paint Holdings Co. Ltd.
Kansai Paint Co. Ltd.
The Dow Chemical Company
Koninklijke DSM N.V.
Covestro AG
Arkema S.A.
Genomatica Inc.

By Source	By VOC Content	By End User	By Region
Corn Soybean Bio Diesel Sugarcane and Others	Zero VOC Low VOC VOC Absorbing	Architectural Woodwork Packaging Others	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Bio Based Coating Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Bio Based Coating Market, By Source:

Corn
Soybean
Bio Diesel
Sugarcane
and Others

Bio Based Coating Market, By VOC Content:

Zero VOC
Low VOC
VOC Absorbing

Bio Based Coating Market, By End User:

Architectural
Woodwork
Packaging
Others

Bio Based Coating Market, By Region:

North America

United States
Canada
Mexico

Europe

France
United Kingdom
Italy
Germany
Spain

Asia Pacific

China
India
Japan
Australia
South Korea

South America

Brazil
Argentina
Colombia

Middle East & Africa

South Africa
Saudi Arabia
UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Bio Based Coating Market.

Available Customizations:

Global Bio Based Coating Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Global Bio Based Coating Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

1.1. Market Definition

1.2. Scope of the Market

1.2.1. Markets Covered

1.2.2. Years Considered for Study

1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market

3.2. Overview of Key Market Segmentations

3.3. Overview of Key Market Players

3.4. Overview of Key Regions/Countries

3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Bio Based Coating Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1. By Source (Corn, Soybean, Bio Diesel, Sugarcane, and Others)

5.2.2. By VOC Content (Zero VOC, Low VOC, VOC Absorbing)

5.2.3. By End User (Architectural, Woodwork, Packaging, Others)

5.2.4. By Region

5.2.5. By Company (2025)

5.3. Market Map

6. North America Bio Based Coating Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Source

6.2.2. By VOC Content

6.2.3. By End User

6.2.4. By Country

6.3. North America: Country Analysis

6.3.1. United States Bio Based Coating Market Outlook

6.3.1.1. Market Size & Forecast

6.3.1.1.1. By Value

6.3.1.2. Market Share & Forecast

6.3.1.2.1. By Source

6.3.1.2.2. By VOC Content

6.3.1.2.3. By End User

6.3.2. Canada Bio Based Coating Market Outlook

6.3.2.1. Market Size & Forecast

6.3.2.1.1. By Value

6.3.2.2. Market Share & Forecast

6.3.2.2.1. By Source

6.3.2.2.2. By VOC Content

6.3.2.2.3. By End User

6.3.3. Mexico Bio Based Coating Market Outlook

6.3.3.1. Market Size & Forecast

6.3.3.1.1. By Value

6.3.3.2. Market Share & Forecast

6.3.3.2.1. By Source

6.3.3.2.2. By VOC Content

6.3.3.2.3. By End User

7. Europe Bio Based Coating Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Source

7.2.2. By VOC Content

7.2.3. By End User

7.2.4. By Country

7.3. Europe: Country Analysis

7.3.1. Germany Bio Based Coating Market Outlook

7.3.1.1. Market Size & Forecast

7.3.1.1.1. By Value

7.3.1.2. Market Share & Forecast

7.3.1.2.1. By Source

7.3.1.2.2. By VOC Content

7.3.1.2.3. By End User

7.3.2. France Bio Based Coating Market Outlook

7.3.2.1. Market Size & Forecast

7.3.2.1.1. By Value

7.3.2.2. Market Share & Forecast

7.3.2.2.1. By Source

7.3.2.2.2. By VOC Content

7.3.2.2.3. By End User

7.3.3. United Kingdom Bio Based Coating Market Outlook

7.3.3.1. Market Size & Forecast

7.3.3.1.1. By Value

7.3.3.2. Market Share & Forecast

7.3.3.2.1. By Source

7.3.3.2.2. By VOC Content

7.3.3.2.3. By End User

7.3.4. Italy Bio Based Coating Market Outlook

7.3.4.1. Market Size & Forecast

7.3.4.1.1. By Value

7.3.4.2. Market Share & Forecast

7.3.4.2.1. By Source

7.3.4.2.2. By VOC Content

7.3.4.2.3. By End User

7.3.5. Spain Bio Based Coating Market Outlook

7.3.5.1. Market Size & Forecast

7.3.5.1.1. By Value

7.3.5.2. Market Share & Forecast

7.3.5.2.1. By Source

7.3.5.2.2. By VOC Content

7.3.5.2.3. By End User

8. Asia Pacific Bio Based Coating Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Source

8.2.2. By VOC Content

8.2.3. By End User

8.2.4. By Country

8.3. Asia Pacific: Country Analysis

8.3.1. China Bio Based Coating Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Value

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Source

8.3.1.2.2. By VOC Content

8.3.1.2.3. By End User

8.3.2. India Bio Based Coating Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Source

8.3.2.2.2. By VOC Content

8.3.2.2.3. By End User

8.3.3. Japan Bio Based Coating Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Source

8.3.3.2.2. By VOC Content

8.3.3.2.3. By End User

8.3.4. South Korea Bio Based Coating Market Outlook

8.3.4.1. Market Size & Forecast

8.3.4.1.1. By Value

8.3.4.2. Market Share & Forecast

8.3.4.2.1. By Source

8.3.4.2.2. By VOC Content

8.3.4.2.3. By End User

8.3.5. Australia Bio Based Coating Market Outlook

8.3.5.1. Market Size & Forecast

8.3.5.1.1. By Value

8.3.5.2. Market Share & Forecast

8.3.5.2.1. By Source

8.3.5.2.2. By VOC Content

8.3.5.2.3. By End User

9. Middle East & Africa Bio Based Coating Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Source

9.2.2. By VOC Content

9.2.3. By End User

9.2.4. By Country

9.3. Middle East & Africa: Country Analysis

9.3.1. Saudi Arabia Bio Based Coating Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Value

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Source

9.3.1.2.2. By VOC Content

9.3.1.2.3. By End User

9.3.2. UAE Bio Based Coating Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1. By Value

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Source

9.3.2.2.2. By VOC Content

9.3.2.2.3. By End User

9.3.3. South Africa Bio Based Coating Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Value

9.3.3.2. Market Share & Forecast

9.3.3.2.1. By Source

9.3.3.2.2. By VOC Content

9.3.3.2.3. By End User

10. South America Bio Based Coating Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Source

10.2.2. By VOC Content

10.2.3. By End User

10.2.4. By Country

10.3. South America: Country Analysis

10.3.1. Brazil Bio Based Coating Market Outlook

10.3.1.1. Market Size & Forecast

10.3.1.1.1. By Value

10.3.1.2. Market Share & Forecast

10.3.1.2.1. By Source

10.3.1.2.2. By VOC Content

10.3.1.2.3. By End User

10.3.2. Colombia Bio Based Coating Market Outlook

10.3.2.1. Market Size & Forecast

10.3.2.1.1. By Value

10.3.2.2. Market Share & Forecast

10.3.2.2.1. By Source

10.3.2.2.2. By VOC Content

10.3.2.2.3. By End User

10.3.3. Argentina Bio Based Coating Market Outlook

10.3.3.1. Market Size & Forecast

10.3.3.1.1. By Value

10.3.3.2. Market Share & Forecast

10.3.3.2.1. By Source

10.3.3.2.2. By VOC Content

10.3.3.2.3. By End User

11. Market Dynamics

11.1. Drivers

11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition (If Any)

12.2. Product Launches (If Any)

12.3. Recent Developments

13. Global Bio Based Coating Market: SWOT Analysis

14. Porter's Five Forces Analysis

14.1. Competition in the Industry

14.2. Potential of New Entrants

14.3. Power of Suppliers

14.4. Power of Customers

14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. Akzo Nobel N.V.

15.1.1. Business Overview

15.1.2. Products & Services

15.1.3. Recent Developments

15.1.4. Key Personnel

15.1.5. SWOT Analysis

15.2. PPG Industries, Inc.

15.3. Sherwin-Williams Company

15.4. Nippon Paint Holdings Co. Ltd.

15.5. Kansai Paint Co. Ltd.

15.6. The Dow Chemical Company

15.7. Koninklijke DSM N.V.

15.8. Covestro AG

15.9. Arkema S.A.

15.10. Genomatica Inc.

16. Strategic Recommendations

17. About Us & Disclaimer

Report Description

Table of content

Figures and Tables

Frequently asked questions

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