New Study Predicts Growth in Market for Biopolymer Coatings
SHELBYVILLE, DE – According to a new research report released by Global Market Insights Inc., the market size for biopolymer coatings is set to exceed $1.3 billion by 2024.
A shift in consumer preference towards eco-friendly and cost-effective materials in the packaging industry should favor the market for biopolymer coatings, as they are derived alone or in combination with lipid, proteins and polysaccharides. Antioxidants, antimicrobial agents and pigments are added during the production process to improve product properties.