Global Gelatin-Based Adhesive Market Size To Worth USD 2.44 Billion By 2033 | CAGR of 6.75%
Category: Chemicals & MaterialsGlobal Gelatin-Based Adhesive Market Size To Worth USD 2.44 Billion By 2033
According to a research report published by Spherical Insights & Consulting, the Global Gelatin-Based Adhesive Market Size is Expected to Grow from USD 1.27 Billion in 2023 to USD 2.44 Billion by 2033, at a CAGR of 6.75% during the forecast period 2023-2033.
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Browse key industry insights spread across 210 pages with 110 Market data tables and figures & charts from the report on the "Global Gelatin-Based Adhesive Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Animal-Based Gelatin Adhesive, Fish-Based Gelatin Adhesive, and Others), By Application (Packaging, Woodworking, Bookbinding, Textiles, 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/gelatin-based-adhesive-market
The global gelatin-based adhesive market refers to the industry that produces, distributes, and sells adhesives made from gelatin; a protein derived from animal collagen. These adhesives are used in a wide range of sectors, including woodworking, packaging, bookbinding, medical applications, and food processing. The gelatin-based adhesives market has several opportunities for expansion and innovation. The increased demand for ecologically friendly products represents a significant opportunity. Furthermore, the increasing usage of gelatin-based adhesives in expanding industries such as medicine and cosmetics is a significant growth driver. For example, the pharmaceutical industry employs these adhesives to develop safe and secure packaging solutions, while the cosmetics industry uses them to make certain products. The market for gelatin-based adhesives is expected to expand in unison with the sectors' sustained good expansion. However, the market also faces risks that may limit its expansion potential. One of the primary issues is competition from synthetic adhesives, which frequently offer superior performance characteristics such as shorter drying times and greater adherence.
The animal-based gelatin adhesive segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe.
Based on the product type, the gelatin-based adhesive market is divided into animal-based gelatin adhesive, fish-based gelatin adhesive, and others. Among these, the animal-based gelatin adhesive segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe. This dominance is mostly due to the widespread use of animal-derived gelatin, namely from bovine and porcine sources, in a number of industries such as food & beverage, pharmaceuticals, and cosmetics.
The packaging segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe.
Based on the application, the gelatin-based adhesive market is divided into packaging, woodworking, bookbinding, textiles, and others. Among these, the packaging segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe. The growing usage of gelatin-based adhesives in food packaging, particularly for meat, poultry, and confectionary, is driving the growth.
Asia-Pacific is estimated to hold the largest share of the gelatin-based adhesive market over the forecast period.
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Asia-Pacific is estimated to hold the largest share of the gelatin-based adhesive market over the forecast period. This growth is being driven by rapid industrialization and urbanization in countries like China and India, which is increasing demand in industries such as packaging, woodworking, and textiles. These countries' burgeoning middle class and rising disposable incomes are driving up consumer expenditure, increasing demand for effective packaging and adhesive solutions.
North America is predicted to have the fastest CAGR growth in the gelatin-based adhesive market over the forecast period. The region's well-developed packaging, woodworking, and pharmaceutical sectors provide a steady demand for gelatin-based adhesives. Furthermore, strict environmental regulations encourage the adoption of eco-friendly adhesive solutions, driving market growth.
Major key players in the gelatin-based adhesive market include PB Gelatins GmbH, Kraiburg Holding GmbH & Co. KG, Qinghai Gelatin Co., Ltd., Nitta Gelatin Inc., Trobas Gelatine B.V., Weishardt Group, Ewald-Gelatine GmbH, Reinert Gruppe Ingredients GmbH, Tessenderlo Group, Junca Gelatines S.L., India Gelatine & Chemicals Ltd., Rousselot B.V., Gelita AG, Norland Products Inc., Lapi Gelatine S.p.a., and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the gelatin-based adhesive market based on the below-mentioned segments:
Global Gelatin-Based Adhesive Market, By Product Type
- Animal-Based Gelatin Adhesive
- Fish-Based Gelatin Adhesive
- Others
Global Gelatin-Based Adhesive Market, By Application
- Packaging
- Woodworking
- Bookbinding
- Textiles
- Others
Global Gelatin-Based Adhesive 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
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