Global Bioadhesives Market Size To worth USD 10.9 Billion By 2033 | CAGR of 9.01%
Category: Chemicals & MaterialsGlobal Bioadhesives Market Size To worth USD 10.9 Billion By 2033
According to a research report published by Spherical Insights & Consulting, the Global Bioadhesives Market Size is Expected to Grow from USD 4.6 Billion in 2023 to USD 10.9 Billion by 2033, at a CAGR of 9.01% during the forecast period 2023-2033.
Get more details on this report -
Browse key industry insights spread across 220 pages with 111 Market data tables and figures & charts from the report on the " Global Bioadhesives Market Size, Share, and COVID-19 Impact Analysis, By Source (Plant-based and Animal-based), By End Use (Paper & Packaging, Construction, Woodworking, Personal Care & Cosmetics, Medical, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/bioadhesives-market
The bioadhesives market refers to the industry that produces and sells adhesives derived from natural and synthetic materials. Bioadhesive materials are involved in cell-to-cell adhesion, adhesion between living and non-living parts of an organism, and adhesion between an organism and foreign surfaces. The growing need for bioadhesives in various applications, such as paper and packaging, construction, medicine, woodworking, and personal care, is expanding the market. The growing inclination towards environmentally friendly products and awareness about sustainable and greener products are providing market opportunities for bioadhesives. The growing application of naturally based adhesives for packaging due to technological advancement and R&D efforts in the biotechnology industry is driving the market for bioadhesives. Further, the implementation of regulations that necessitate the use of bio-based materials is propelling the market growth. On the contrary, the competition for bioadhesives with the less expensive and more straightforward produced substitutes is restraining the market growth.
The plant-based segment held the largest revenue share of 70.7% in 2023 and is expected to grow at a significant CAGR during the forecast period.
Based on the source, the bioadhesives market is classified into plant-based and animal-based. Among these, the plant-based segment held the largest revenue share of 70.7% in 2023 and is expected to grow at a significant CAGR during the forecast period. Plant-based bioadhesives are more environmentally friendly as they are derived from renewable plant components including cellulose, starch, and vegetable oils. The extensive usage of plant-based adhesives, which are free of petrochemicals and have extremely low formaldehyde emissions is driving the market expansion.
The paper & packaging segment accounted for the largest revenue share of 35.0% in 2023 and is expected to grow at a significant CAGR during the forecast period.
Based on the end use, the bioadhesives market is classified into paper & packaging, construction, woodworking, personal care & cosmetics, medical, and others. Among these, the paper & packaging segment accounted for the largest revenue share of 35.0% in 2023 and is expected to grow at a significant CAGR during the forecast period. Bioadhesives are used in paper and packaging applications to laminate various packaging materials, seal boxes and bags, adhere labels and stickers, and connect paper fibers. The extensive use of bioadhesives in applications including laminating printed sheets, flexible packaging, cartons, filters, and specialty packaging is driving the market expansion.
North America is estimated to hold the largest share of the bioadhesives market over the forecast period.
Get more details on this report -
North America is estimated to hold the largest share of the bioadhesives market over the forecast period. The growing focus on sustainability and stringent environmental regulations owing to the awareness about the harmful effects of synthetic adhesives leads to drive the market demand for bioadhesives. Further, the ever-increasing need for bioadhesives in various applications such as packaging & paper, construction, and healthcare is driving the market demand.
Asia Pacific is predicted to grow at the fastest CAGR in the bioadhesives market over the forecast period. With the increasing innovation in the bioadhesives industry, the growing focus on building capability on new products offering better characteristics and decreased production costs are propelling the market growth. The increasing need for bioadhesives as a sustainable alternative in the packaging, medical, woodworking, and personal care sectors is driving the market demand for bioadhesives.
Major key players in the global bioadhesives market include Henkel AG & Company KGaA, DuPont De Nemours Inc., Arkema SA, Ashland Global Holdings Inc., Beardow Adams Group, eBay Inc., Paramelt BV, Jowat SE, Ingredion Incorporated, EcoSynthetix Inc., Tate & Lyle PLC, and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Developments
- In October 2023, DuPont announced the introduction of its new DuPont Liveo MG 7-9960 Soft Skin Adhesive. The higher-adhesion, low-cyclics silicone soft skin adhesive (SSA) is designed for advanced wound care dressings and adhering medical devices to the skin for long wear time and gentle removal.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the bioadhesives market based on the below-mentioned segments:
Global Bioadhesives Market, By Source
- Plant-based
- Animal-based
Global Bioadhesives Market, By End Use
- Paper & Packaging
- Construction
- Woodworking
- Personal Care & Cosmetics
- Medical
- Others
Global Bioadhesives Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
CONTACT US:
For More Information on Your Target Market, Please Contact Us Below:
Phone: +1 303 800 4326 (the U.S.)
Phone: +91 90289 24100 (APAC)
Email: inquiry@sphericalinsights.com, sales@sphericalinsights.com
Contact Us: https://www.sphericalinsights.com/contact-us
Need help to buy this report?