Bioadhesives Market worth $ 9.1 billion by 2024
Bioadhesives Market research report categorizes the global market by Type (Plant Based, Animal Based), Application, Region (APAC, North America, Europe, Middle East & Africa, South America).
(EMAILWIRE.COM, December 05, 2019 ) The report "Bioadhesives Market by Type (Plant Based, Animal Based), Application (Paper & Packaging, Construction, Woodworking, Personal care, Medical), Region (APAC, North America, Europe, Middle East & Africa, South America) - Global Forecasts to 2024",global bioadhesive market size is projected to reach USD 9.1 billion by 2024, at a CAGR of 10.0%, during the forecast period.
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The bioadhesive applications are significantly penetrating the end-use industry markets. They have different characteristics as per their manufacturing and application requirements in the end products. The North American region is expected to dominate the global bioadhesive market with its growing demand in different application segments, especially packaging & paper and construction. APAC is a potential market and is projected to grow at the highest CAGR in the next five years, with the application industries expected to boost the overall business requirements in respective regions.
The plant-based segment is expected to account for the larger share of the bioadhesive market, by type, during the forecast period.
Plant-based adhesives are natural adhesives that are derived from organic sources, such as soy protein, starch (dextrin), and lignin. They are also referred to as green, renewable, sustainable, environmentally-friendly, and bio-based adhesives. Bioadhesives find a wide range of applications in varied industries, such as woodworking, packaging, and construction.
The medical segment is estimated to be the fastest-growing application industry in the bioadhesives market during the forecast period.
The demand for healthcare products and services has greatly increased due to increasing population and awareness regarding benefits from bio-based products. For example, these adhesives are incorporated in healthcare product formulations to be used in drug delivery systems, which allow absorption of drugs to biological elements, for instance body tissues. Bioadhesives are compatible for use in biomedical applications, which involve skin or body tissue. Thus, the increasing use of bioadhesives in the medical segment is expected to drive the market over the next five years.
Don't miss out on business opportunities in Bioadhesives Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow. https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=16386893
Browse in-depth TOC on "Bioadhesives Market”
107 - Market Data Tables
45 - Figures
156 - Pages
Bioadhesives market in APAC is expected to register the highest CAGR during the forecast period.
APAC is segmented as China, India, Japan, South Korea, Indonesia, Thailand, and Rest of APAC. The bioadhesive market in China is witnessing significant growth due to the increased export of biodegradable products to North America, Europe, and other developed countries where the level of awareness for sustainability among the consumers is high and demand exists for bioadhesives. Also, major regional companies have ramped up their production capacities of biodegradable adhesives, which is fueling the growth of bioadhesives manufacturing in China.
Major players operating in the global bioadhesive market include Henkel AG (Germany), DuPont de Nemours, Inc., (US), Ashland Global Holdings Inc. (US), EcoSynthetix (Canada), Arkema S.A. (France), DaniMer Scientific LLC (US), Tate & Lyle PLC (UK), L.D. Davis Industries, Inc., (US), and Ingredion Incorporated (US).
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Bundle Reports:
• Adhesives Sealants Market
• Medical Adhesive Market
• Wood Adhesives Market
• Emulsion Adhesives Market
• Aerospace Adhesives Sealants Market
• Elastic Adhesives Sealants Market
Get Special Pricing on Bundle Reports: https://www.marketsandmarkets.com/RequestBundleReport.asp?id=16386893
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Download PDF brochure of the Report @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=16386893
The bioadhesive applications are significantly penetrating the end-use industry markets. They have different characteristics as per their manufacturing and application requirements in the end products. The North American region is expected to dominate the global bioadhesive market with its growing demand in different application segments, especially packaging & paper and construction. APAC is a potential market and is projected to grow at the highest CAGR in the next five years, with the application industries expected to boost the overall business requirements in respective regions.
The plant-based segment is expected to account for the larger share of the bioadhesive market, by type, during the forecast period.
Plant-based adhesives are natural adhesives that are derived from organic sources, such as soy protein, starch (dextrin), and lignin. They are also referred to as green, renewable, sustainable, environmentally-friendly, and bio-based adhesives. Bioadhesives find a wide range of applications in varied industries, such as woodworking, packaging, and construction.
The medical segment is estimated to be the fastest-growing application industry in the bioadhesives market during the forecast period.
The demand for healthcare products and services has greatly increased due to increasing population and awareness regarding benefits from bio-based products. For example, these adhesives are incorporated in healthcare product formulations to be used in drug delivery systems, which allow absorption of drugs to biological elements, for instance body tissues. Bioadhesives are compatible for use in biomedical applications, which involve skin or body tissue. Thus, the increasing use of bioadhesives in the medical segment is expected to drive the market over the next five years.
Don't miss out on business opportunities in Bioadhesives Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow. https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=16386893
Browse in-depth TOC on "Bioadhesives Market”
107 - Market Data Tables
45 - Figures
156 - Pages
Bioadhesives market in APAC is expected to register the highest CAGR during the forecast period.
APAC is segmented as China, India, Japan, South Korea, Indonesia, Thailand, and Rest of APAC. The bioadhesive market in China is witnessing significant growth due to the increased export of biodegradable products to North America, Europe, and other developed countries where the level of awareness for sustainability among the consumers is high and demand exists for bioadhesives. Also, major regional companies have ramped up their production capacities of biodegradable adhesives, which is fueling the growth of bioadhesives manufacturing in China.
Major players operating in the global bioadhesive market include Henkel AG (Germany), DuPont de Nemours, Inc., (US), Ashland Global Holdings Inc. (US), EcoSynthetix (Canada), Arkema S.A. (France), DaniMer Scientific LLC (US), Tate & Lyle PLC (UK), L.D. Davis Industries, Inc., (US), and Ingredion Incorporated (US).
Get this report @ https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=16386893
Bundle Reports:
• Adhesives Sealants Market
• Medical Adhesive Market
• Wood Adhesives Market
• Emulsion Adhesives Market
• Aerospace Adhesives Sealants Market
• Elastic Adhesives Sealants Market
Get Special Pricing on Bundle Reports: https://www.marketsandmarkets.com/RequestBundleReport.asp?id=16386893
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact Information:
360Quadrants
Mr. Shelly Singh
Tel: 1-888-600-6441
Email us
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360Quadrants
Mr. Shelly Singh
Tel: 1-888-600-6441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results