Bio-Based Coatings Market Is Projected to Reach $18.2 Billion by 2027, Growing at a CAGR of 9.5%
According to a research report "Bio-based Coatings Market by Resin (Alkyd, Polyurethane, Acrylic), Application (Architectural, Transportation, Woodworking, Packaging), Region (Asia Pacific, North America, Europe, South America, Middle East & Africa) - Global Forecast to 2027" published by MarketsandMarkets, the bio-based coatings market is projected to grow from USD 11.5 billion in 2022 to USD 18.2 billion by 2027, at a CAGR of 9.5% between 2022 and 2027. Consumer demand for greater products encouraging manufacturers to use plant-based ingredients.
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