Bioadhesives Market Growth Analysis | 2024-2030

Market Insights

"Bioadhesives Market is likely to witness a double-digit CAGR of 10.0% during the forecast period".

Market Dynamics

Introduction

Bioadhesives are natural or synthetic materials used to bind biological tissues together. They are designed to mimic the adhesive properties of biological substances, like those found in plants, animals, or human tissue. Unlike traditional adhesives, bioadhesives are typically biodegradable, non-toxic, and biocompatible, meaning they can safely interact with living tissues.

These adhesives have applications across various industries, particularly in medicine (for wound closure, tissue repair, and surgical procedures), dentistry, and even in packaging, paper, and construction. Their eco-friendly and sustainable properties make them an attractive alternative to synthetic adhesives, especially in sectors aiming to reduce their environmental impact.

Market Drivers

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.

Segment Analysis

By Type

"Plant-based adhesives dominated the market in 2019, and the segment is estimated to lead the market during the forecast period"

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.

By Application Type

"Paper & packaging segment led the market in 2019 and is expected to maintain its dominance during the forecast period"

Based on the application type, the market is segmented as paper & packaging, construction, woodworking, personal care, medical, and others. The paper & packaging segment led the 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 emerging markets, such as Asia-Pacific and Latin America is expected to stir the growth of the segment over the forecast period.

Regional Analysis

"Europe is estimated to dominate the global bioadhesives market during the forecast period"

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 environmental activists, such as the 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.

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Key Players

The following are the key players in the Bioadhesives Market (arranged alphabetically)

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

Report Features

This report provides market intelligence most comprehensively. 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.

What Deliverables Will You Get in this Report?

Research Methodology

This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s Bioadhesives Market? realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.

This report offers high-quality insights and is the outcome of a 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 books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

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 sales@stratviewresearch.com