The global bioadhesives market was valued at US$ 6.75 Billion in 2020 and is expected to reach US$ 19.52 Billion by 2030, growing at a CAGR of. 11.2% from 2021 – 2030.
Bioadhesives are natural polymer adhesives obtained from biological renewable resources such as plants & animals. Starch, cellulose, and gelatin are responsible for the formation of bioadhesives. Bioadhesives are widely used in tissue adhesives, tissue sealants, functional wound dressing, medical device fixation, cigarettes, flexible packaging, printed sheet lamination, specialty packaging. Also, bioadhesives play a vital role in defense, construction, predation, and attachment & cover different concepts based on biochemical and mechanical principles.
The use of bioadhesives among various industries, innovations in the field of biotechnology, increased investments by manufacturers, hike in the applications of bioadhesives globally are driving the global bioadhesives market. The fluctuating prices of crude oil, extensive use of bioadhesives in medical applications, and the negative effects caused by synthetic products are propelling people to opt for natural adhesives. The regulations by the government to use eco-friendly products and protect the environment are further propelling the growth of the global bioadhesives market. However, the poor performance shown by bioadhesives especially in several temperature fluctuations, the synthetic adhesives prove to be more efficient.
The global bioadhesives market is fragmented into Type, Application, and Region. Based on Type, the global market is bifurcated into Plant-Based and Animal-Based. Among all the segments, the Plant-based segment dominated the global market owing to its usage in the replacement for petroleum-based raw materials. By Application, the scope of the report offers Paper & Packaging, Construction, Woodworking, Personal Care, Medical, and Others. Among Application segment, the Packaging & Paper segment dominates the global market. Lamination of printed sheets, flexible packaging, cigarettes and filters, and specialty packaging are the most widely used application globally.
Based on Region, the global bioadhesives market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. North America is further classified into the U.S., Canada, and Mexico. Europe is further segmented into Germany, the U.K., France, Italy, Spain, Russia, and the rest of Europe. Asia-Pacific is segmented into China, Japan, India, Australia, South Korea, and the rest of APAC. The RoW includes South & Central America, the Middle East, and Africa. Among all the geographies, Europe is dominating the bioadhesives market owing to the huge consumer base in the countries such as Germany. Germany is the largest producer of starch-based adhesives and natural rubber globally.
The prominent players of the global bioadhesives market are The Compound Company, Ashland Global Holdings Inc., Danimer Scientific, Adhesives Research, Inc., Arkema, Camurus, DuPont de Nemours, Inc., Beardow Adams, EcoSynthetix Inc., CryoLife Inc., Henkel AG, Jowat SE, Paramelt BV, and U.S. Adhesives, among others.
Market Segmentation and Scope of the Global Bioadhesives Market
Rest of the World
Prominent Players of the Global Bioadhesives Market