top of page
2 days ago4 min read

Southeast Asia Bio-Based Coatings Market Outlook and Forecast 2024-2030

The Southeast Asia Bio-Based Coatings market size was valued at US$ 412.7 million in 2024 and is projected to reach US$ 635.9 million by 2030, at a CAGR of 7.5% during the forecast period 2024-2030.


Bio-based coatings are environmentally friendly surface treatments derived from renewable resources such as plant oils, starches, and proteins, used in various applications including construction, automotive, and packaging.


The Southeast Asia Bio-Based Coatings market is growing rapidly, driven by increasing environmental regulations, consumer demand for sustainable products, and corporate sustainability initiatives. In 2023, total consumption reached 65,000 metric tons, with Singapore, Thailand, and Malaysia accounting for 70% of regional demand. The construction sector dominates with a 45% market share, followed by packaging at 25%. Plant oil-based coatings lead the market with a 55% share. The market saw a 18% increase in demand for bio-based architectural coatings in 2023, reflecting growing adoption in green building projects. Starch-based coatings are growing at 10% annually, driven by their biodegradability and use in packaging applications. The trend towards circular economy principles led to a 22% rise in demand for coatings derived from agricultural waste in 2023. High-performance bio-based industrial coatings saw a 15% surge in adoption, particularly in automotive OEM applications. The market is witnessing significant R&D investment, with a 30% increase in patents filed for novel bio-based coating formulations in 2023.


Report Includes


This report is an essential reference for who looks for detailed information on Southeast Asia Bio-Based Coatings. The report covers data on Southeast Asia markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Southeast Asia major vendors¡¯ information. In addition to the data part, the report also provides overview of Bio-Based Coatings, including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.




This report aims to provide a comprehensive presentation of the Southeast Asia Bio-Based Coatings, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Bio-Based Coatings. This report contains market size and forecasts of Bio-Based Coatings in Southeast Asia, including the following market information:

We surveyed the Bio-Based Coatings manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.


Total Market by Segment:

by Country


•    Thailand

•    Indonesia

•    Vietnam

•    Malaysia

•    Philippines

•    Singapore

•    Myanmar

by Products type:


•    Electrocoating Technologies

•    Primer Surface Technologies

•    Top Coat Technologies

by Application:


•    Cars and Trains

•    Home Furnishings

•    Others

key players include: (At least 8-10 companies included)


•    Nippon Paint (Singapore) Co. Pte. Ltd.

•    Berger Paints Singapore Pte Ltd

•    Jotun (Singapore) Pte. Ltd.

•    Anest Iwata Southeast Asia Co., Ltd.

•    SKK (S) Pte. Ltd.

•    Taiho Paint (Thailand) Co., Ltd.

•    United Coatings Industries (UCI) Malaysia

•    Kansai Paint (Vietnam) Ltd.

•    PT Propan Raya ICC (Indonesia)

•    PT. ICI Paints Indonesia


Including or excluding key companies relevant to your analysis.

Competitor Analysis


The report also provides analysis of leading market participants including:

•    Key companies Bio-Based Coatings revenues in Southeast Asia market, 2019-2024 (Estimated), ($ millions)

•    Key companies Bio-Based Coatings revenues share in Southeast Asia market, 2023 (%)

•    Key companies Bio-Based Coatings sales in Southeast Asia market, 2019-2024 (Estimated),

•    Key companies Bio-Based Coatings sales share in Southeast Asia market, 2023 (%)


Key Points of this Report:

•    The depth industry chain includes analysis value chain analysis, porter five forces model analysis and cost structure analysis

•    The report covers Southeast Asia and country-wise market of Bio-Based Coatings

•    It describes present situation, historical background and future forecast

•    Comprehensive data showing Bio-Based Coatings capacities, production, consumption, trade statistics, and prices in the recent years are provided

•    The report indicates a wealth of information on Bio-Based Coatings manufacturers

•    Bio-Based Coatings forecast for next five years, including market volumes and prices is also provided

•    Raw Material Supply and Downstream Consumer Information is also included

•    Any other user's requirements which is feasible for us


Reasons to Purchase this Report:

•    Analyzing the outlook of the market with the recent trends and SWOT analysis

•    Market dynamics scenario, along with growth opportunities of the market in the years to come

•    Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects

•    Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.

•    Market value (USD Million) and volume (Units Million) data for each segment and sub-segment

•    Distribution Channel sales Analysis by Value

•    Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years

•    Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

•    1-year analyst support, along with the data support in excel format.


Table of content


1 Market Overview    


1.1 Product Overview and Scope of Bio-Based Coatings 


1.2 Segment by Type    


1.2.1 Southeast Asia Market Size YoY Growth Rate Analysis by Type: 2023 VS 2030    1.2.2 Electrocoating Technologies    1.2.3 Primer Surface Technologies1.2.4 Top Coat Technologies

1.3 Segment by Application  


1.3.1 Southeast Asia Market Size YoY Growth Rate Analysis by Application: 2023 VS 2030    1.3.2    Cars and Trains1.3.3    Home Furnishings1.3.4    Others1.4 Southeast Asia Market Growth Prospects    1.4.1 Southeast Asia Revenue Estimates and Forecasts (2019-2030)    1.4.2 Southeast Asia Production Estimates and Forecasts (2019-2030)  


2 Southeast Asia Growth Trends    


2.1 Industry Trends    2.1.1 SWOT Analysis    2.1.2 PESTEL Analysis    2.1.3 Porter’s Five Forces Analysis    2.2 Potential Market and Growth Potential Analysis    




CONTACT US:


City vista, 203A, Fountain Road, Ashoka Nagar, Kharadi, Pune, India 411014

International: +1(332) 2424 294

Asia: +91 9169162030


0 views0 comments

Recent Posts

See All

Comments

bottom of page