Market Research Report
Global Bio adhesive market size study by Type (Plant based and Animal based), by Application (Paper& Packaging, Construction, Woodworking, Personal Care, Medical), and Regional Forecasts 2021-2027
|Global Bio adhesive market size study by Type (Plant based and Animal based), by Application (Paper& Packaging, Construction, Woodworking, Personal Care, Medical), and Regional Forecasts 2021-2027|
Published: June 11, 2021
Bizwit Research & Consulting LLP
Delivery time: 2-3 business days
Global Bio adhesive Market is valued approximately at USD 6Billion in 2020 and is anticipated to grow with a healthy growth rate of more than 10% over the forecast period 2021-2027. Bio adhesives are polymers which have an ability of adhering to a biological tissue for an extended period of time. In simple terms bio adhesive is glue formed synthetically from biological monomers such as sugars etc. The extensive use of bio adhesive in industries ranging from medical to packaging because of its features such as environment friendly and produced from renewable resources unlike synthetic adhesives is likely to drive the demand of the market. Abundant availability of raw materials such as soy, corn and starch is expected to favor the growth of the market. But, bio adhesives have limited shelf life and some of the raw material from which bio adhesives are derived are not strong and have low resistance to heat and water acts as a restraint and challenges the markets growth. Stringent government regulations give the bio adhesives market opportunity to the market to grow in the forecasted period. European and North America are highly regulated by environmental laws. The US Environmental Protection Agency (EPA) and the Food and Drug Administration (FDA) state the use of bio-based contents in adhesives, promoting manufacturers to produce more bio-based renewable resources.
The global Bio adhesive market is segmented into key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World for regional analysis. Europe is the market leader with highest market share because European region is highly driven by environmental regulations. North America is the fastest growing region because of increased demand of bio-based products in the region.
Major market player included in this report are
Henkel AG & Company
DuPont de Nemours, Inc.
Ashland Global Holdings Inc.
Beardow Adams Group
Tate & Lyle PLC
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Paper & Packaging
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.
Target Audience of the Global Bio adhesiveMarket in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers
a. Market Snapshot
List of figures