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    Bioadhesives Market | Covid-19 Impact Analysis

    Bioadhesives Market | Covid-19 Impact Analysis

    Bioadhesives Market | Covid-19 Impact Analysis
    Report code - SRAM356 Delivery - 2 Weeks
    Bioadhesives Market Size, Share, Trend, Forecast, & Industry Analysis 
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    Impact of COVID-19 on Bioadhesives Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Bioadhesives Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Bioadhesives Market Insights

    Bioadhesives Market is likely to witness a double digit CAGR of 10.0% during the forecast period. The increasing demand for eco-friendly products on account of stringent environmental regulations in various end-use industries is compelling the adhesive manufacturers to adopt bio-based products, which in turn, is driving the growth of the market.

    Bioadhesives Market - Snapshot

    Growth

    10.0% for the next five years

    Major Type

    Plant Based

    Dominant Application Type

    Paper & Packaging

    Region with the highest demand

    Europe

    Key Players

    Henkel AG, DuPont de Nemours, Inc., Ashland Global Holdings Inc., Arkema S.A., DaniMer Scientific LLC, The Compound Company, Cryolife Inc., Jowat SE, Kollodis BioSciences, Inc., and Tate & Lyle PLC.

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    Market Share Analysis

    Bioadhesives Market Share: By Type

    Based on the type, the market is segmented as plant-based adhesives and animal-based adhesives. Plant-based adhesives dominated the market in 2019, and the segment is estimated to lead the market during the forecast period.  Starch, soy, corn, and maize-based adhesives are gaining traction owing to abundant raw material availability and low prices. In addition, increasing awareness along with consumer preference for bio-based products is likely to drive the market for plant-based adhesives during the forecast period.

    Bioadhesives Market Share: By Application Type

    Based on the application type, the market is segmented as paper & packaging, construction, woodworking, personal care, medical, and others. The paper & packaging segment led market in 2019, and is expected to maintain its dominance during the forecast period as well. The growth of the segment can be attributed to the use of paper in a wide array of applications, such as printed sheets, lamination, cigarettes and filters, flexible packaging, and specialty packaging. In addition, the growing paper & packaging industry in the emerging markets, such as Asia-Pacific and Latin America is expected to stir the growth of the segment over the forecast period.

    Bioadhesives Market Share: By Region

    In terms of regions, Europe is estimated to dominate the global bioadhesives market during the forecast period. This growth is owing to stringent government regulations regarding synthetic adhesives and rapid technological advancements associated with the usage of bio-based materials. North America was the second-largest consumer of bioadhesives, driven by the increasing initiatives by the environmental activists, such as Environment Protection Agency (EPA) and the Commission for Environmental Cooperation (CEC). Asia-Pacific, with China and India being the major growth engines, is also expected to offer promising growth opportunities during the forecast period.

    Some of the major players in the bioadhesives market are-

    • Henkel AG
    • DuPont de Nemours, Inc.
    • Ashland Global Holdings Inc.
    • Arkema S.A.
    • DaniMer Scientific LLC
    • The Compound Company
    • Cryolife Inc.
    • Jowat SE
    • Kollodis BioSciences, Inc.
    • Tate & Lyle PLC

     

    Market Scope & Segmentation

    Bioadhesives are natural polymers, which render adhesion between two sperate materials. Protein and carbohydrate are the major substances used to make bioadhesives.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Bioadhesives Market Research Report – Features

    Market Segmentation

    3

    Regions Covered

    4

    Countries/Sub-Regions Covered

    18

    No. of Figures & Tables

    >150

    Company Profiles

    10

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    The bioadhesives market is segmented into the following categories. 

    Bioadhesives Market Size, Share, & Forecast, by Type:

    • Plant-based
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Type Analysis: Soybean, Lignin, and Others)
    • Animal-based
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Type Analysis: Collagen, Fish, Fibrin, Blood, Casein, and Others)

    Bioadhesives Market Size, Share, & Forecast, by Application Type:

    • Paper & Packaging
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Application Type Analysis: Food Packaging, Consumer Goods Packaging, and Pharmaceutical Packaging)
    • Construction
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Application Type Analysis: Floors)
    • Woodworking
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Application Type Analysis: Furniture, Doors & Windows, Joinery, and String Instruments)
    • Personal Care
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Application Type Analysis: Skin Care, Hair Care, and Cosmetics)
    • Medical
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Application Type Analysis: Internal and External)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Bioadhesives Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia Italy, Turkey, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, Indonesia, Thailand and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

     

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the types by application type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    Frequently Asked Questions (FAQs)

    What will be the growth of Bioadhesives Market in the foreseeable future?

    The bioadhesives market is expected to witness an impressive growth of 10.0% CAGR in the foreseeable future.

    Who are the key players in the Bioadhesives Market?

    Henkel AG, DuPont de Nemours, Inc., Ashland Global Holdings Inc., Arkema S.A., DaniMer Scientific LLC, The Compound Company, Cryolife Inc., Jowat SE, Kollodis BioSciences, Inc., and Tate & Lyle PLC are among the key players in the bioadhesives market.

    Which country/region is expected to remain dominant in the Bioadhesives Market?

    Europe is expected to remain the dominant in the bioadhesives market during the next five years.

    Which type of application is expected to remain dominant in the Bioadhesives Market?

    The paper & packaging segment is expected to remain dominant application type in the bioadhesives market in the coming years.

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