Bio-Based Coatings Global Market Report 2026

Bio-based coatings are coatings derived from biomaterials, reducing reliance on scarce fossil resources. These coatings contribute to addressing social challenges and can support rural development and employment. They serve as raw materials for producing bio-based solvents, including resins, additives, and pigments made from renewable sources.

There are various types of bio-based coatings, such as ester solvents, d-limonene, alcohols, glycols and diols solvents, among others. Ester solvents, for instance, are chemical compounds with at least one acid, where the hydroxyl group has been replaced with a -o-alkyl (alkoxy) group. These solvents have applications in corrosion-prevention paints, caffeine extraction, and lacquer production. VOC content in coatings is categorized into zero VOC (less than 5 grams per liter), low VOC (less than 50 grams per liter), and VOC-absorbing, with applications in decorative paints, transportation, industrial coatings, automotive refinishing, wood coatings, marine coatings, coil coatings, packaging coatings, and more. These coatings find use in the commercial, industrial, and residential sectors, covering internal and external applications.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs are influencing the bio-based coatings market by increasing costs of imported bio-solvents, resins, additives, and coating formulation equipment. Manufacturers in North America and Europe are particularly affected due to dependence on specialized imports, while Asia-Pacific faces export-related cost pressures. These tariffs are impacting production economics and pricing strategies. At the same time, they are promoting domestic bio-material sourcing, regional formulation capabilities, and development of alternative renewable coating technologies.

The bio-based coatings market research report is one of a series of new reports from The Business Research Company that provides bio-based coatings market statistics, including bio-based coatings industry global market size, regional shares, competitors with a bio-based coatings market share, detailed bio-based coatings market segments, market trends and opportunities, and any further data you may need to thrive in the bio-based coatings industry. This bio-based coatings market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The bio-based coatings market size has grown rapidly in recent years. It will grow from $11.54 billion in 2025 to $13.4 billion in 2026 at a compound annual growth rate (CAGR) of 16.1%. The growth in the historic period can be attributed to increasing construction activities, growth of industrial coating applications, rising awareness of environmental impact, expansion of automotive refinishing, availability of bio-based solvents.

The bio-based coatings market size is expected to see rapid growth in the next few years. It will grow to $23.56 billion in 2030 at a compound annual growth rate (CAGR) of 15.1%. The growth in the forecast period can be attributed to increasing regulatory restrictions on solvent emissions, rising demand for sustainable coatings, expansion of green building initiatives, growing adoption of bio-based raw materials, increasing innovation in coating formulations. Major trends in the forecast period include growing adoption of low-voc and zero-voc coatings, rising demand for renewable raw material-based coatings, expansion of bio-based industrial coatings, increasing use in architectural applications, enhanced focus on environmental compliance.

The growing popularity of electric vehicles is expected to drive the growth of the bio-based coatings market going forward. An electric vehicle (EV) is powered by one or more electric motors using electricity stored in an onboard battery pack. EV manufacturers are increasingly seeking sustainable and eco-friendly materials for various components, including coatings. Bio-based coatings, derived from renewable resources, align with the eco-conscious image of electric vehicles. For example, in January 2024, Kelley Blue Book, a US-based Cox Automotive company, reported that in 2023, a record 1.2 million car buyers in the United States purchased electric vehicles, representing 7.6% of the total U.S. vehicle market, up from 5.9% in 2022. Therefore, the rising popularity of electric vehicles is propelling the bio-based coatings market.

Key companies in the bio-based coatings market are developing innovative products, such as food packaging coatings, to expand their customer base, increase sales, and boost revenue. Food packaging coatings are specialized materials applied to the surface of packaging-such as paper, cardboard, plastic, or metal-for protective, functional, and aesthetic purposes. For instance, in July 2023, Melodea Ltd., an Israel-based coatings manufacturer, launched MelOx NGen, a bio-based food packaging coating with a water-based, plant-derived composition. Designed for application on the interior surfaces of various plastic packaging, including films, pouches, bags, lidding, and blister packs, it serves as an eco-friendly and cost-effective alternative to petroleum-based Ethyl Vinyl Alcohol copolymers (EVOH), widely used for food preservation and in met-PET plastic lids.

In November 2025, BirlaNu Limited, an India-based building materials and construction-products company, acquired Clean Coats for $13.5 million (₹120 crore). Through this acquisition, BirlaNu aims to expand and diversify its construction-chemicals portfolio, enhancing capabilities in coatings, waterproofing, and specialized construction chemicals. Clean Coats Private Limited, based in India, specializes in high-performance coatings, epoxy and polyurethane flooring, anti-corrosion linings, waterproofing, and protective surface-coating solutions for industrial, infrastructure, and water-management projects.

Major companies operating in the bio-based coatings market are BASF SE, Cargill Incorporated, AkzoNobel N.V., PPG Industries Inc., The Sherwin-Williams Company, Nippon Paint Holdings Co. Ltd., Stora Enso OYJ, KCC Paints Sdn Bhd, NOROO Paint & Coatings Co. Ltd., Jiangsu Heshili New Material Co. Ltd., SK Chemicals Co. Ltd., Axalta Coating Systems, Behr Paint Co., Hempel A/S, Jotun A/S, Kansai Paint Co. Ltd., Tikkurila Oyj, Valspar Corporation, Chugoku Marine Paints Ltd., Cloverdale Paint Inc., Diamond Vogel Inc.

North America was the largest region in the bio-based coating market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the bio-based coatings market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the bio-based coatings market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The bio-based coatings market consists of sales of limonene, ethanol, glycerol, and 2-methyltetrahydrofuran (2-MeTHF). Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Bio-Based Coatings Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses bio-based coatings market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for bio-based coatings ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The bio-based coatings market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Type: Ester Solvents; D-Limonene
• 2) By VOC Content: Zero VOC (VOC Content Less Than 5 Grams Per Liter); Low VOC (VOC Content Less Than 50 Grams Per Liter); Natural Paints
• 3) By Sector: Commercial Sector; Industrial Sector; Residential Sector
• 4) By Use: Decorative Paints; Transportation; Metal Industrial Coatings; Industrial Maintenance And Protective; Automotive Refinish; Wood Coatings; Packaging Coatings
• 5) By Area Of Application: Internal Application; External Application
• Subsegments:
• 1) By Ester Solvents: Ethyl Lactate; Methyl Ester Solvents
• 2) By D-Limonene: Pure D-Limonene; D-Limonene Blends
• Companies Mentioned: BASF SE; Cargill Incorporated; AkzoNobel N.V.; PPG Industries Inc.; The Sherwin-Williams Company; Nippon Paint Holdings Co. Ltd.; Stora Enso OYJ; KCC Paints Sdn Bhd; NOROO Paint & Coatings Co. Ltd.; Jiangsu Heshili New Material Co. Ltd.; SK Chemicals Co. Ltd.; Axalta Coating Systems; Behr Paint Co.; Hempel A/S; Jotun A/S; Kansai Paint Co. Ltd.; Tikkurila Oyj; Valspar Corporation; Chugoku Marine Paints Ltd.; Cloverdale Paint Inc.; Diamond Vogel Inc.
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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