Biobased Adhesives Market Synopsis
Biobased Adhesives Market Size Was Valued at USD 7.99 Billion in 2023, and is Projected to Reach USD 18.83 Billion by 2032, Growing at a CAGR of 10.00% From 2024-2032.
Bio-based adhesives are adhesives whose final composition contains more than fifty percent of bio-based content that is, material derived from renewables other than petrochemicals. These adhesives get most of their components from natural sources including plant extracts, vegetable oils, starches and proteins. These are intended for comparable, or improved, performance to traditional adhesives, with less dependence on fossil fuels, and lower levels of detrimental environmental effects.
- The biobased adhesives market is experiencing an uplift at the global level due to an increase in consciousness about carbon footprint. These adhesives are new generation adhesives which are being promoted as bio adhesives which are obtainable petroleum based adhesives and are produced from natural resources such as soy, starch and so on. This is driven by increasing environmental concerns, especially across high consuming products segments such as packaging, automotive, and construction industries where organizations are forced to go green. They also do not possess toxicity, and from a performance stand point, they compare well with traditional adhesives and their applications include;
- New bioadhesives are different from the traditional ones due to the great prospective of biobased technology that evolved during the last few years. There is growth attributed to the Asia Pacific and Europe because of their incorporation of sustainable material and government legislation. There is also attention to North America, specifically in healthcare and personal care products which switch from synthetic adhesives to biobased ones. However, there are a number of obstacles at this juncture, especially regarding costs in relation to traditional adhesives; Future studies of and advancements in biobased adhesive can therefore be expected to result in the expansion of its applications to industries beyond those where cost is not a significant issue.
Biobased Adhesives Market Trend Analysis
Technological Advancements and Industry Shift Towards Eco-Friendly Biobased Adhesives
- The growth in demand for natural and environmental friendly materials in the biobased adhesives industry is catalyzed by the need to replace conventional products with less hazardous products in the market. Some of the leaders in this trend include the packaging, automotive, and construction sectors because of energy conservation and meeting ever-tightening regulatory standards. In packaging, biobased adhesives are in high demand because of the consumer shift and manufacturer push towards sustainability and recyclability of the packaged products. This is well illustrated in areas like the food and beverages industry where firms are opting for biodegradable form of adhesives in compliance to environmentally sustainable packaging practices that seek to reduce on plastic wastes. Similarly, in the automotive industry, manufacturers are using biobased adhesives in vehicles interiors, upholstery and trims, to meet environmental and sustainability standards that are being imposed each year. Construction industries are also not left behind by engaging these adhesives into productive green buildings which are having a driving effect on the growth of this market.
- Semi and full-solid adhesives, as well as the improvements in their performance characteristics over recent years, have been crucial to the formation and development of biobased composites. Before, problems in concern to the performance and the service life of the biobased adhesive have always been in question as compared to that of synthetic adhesive. Nevertheless, due to the investing in research activities, the gap in performance between the two categories of converters has been reduced. Current biobased adhesives have better dimensions of bonding, protection against various climatic conditions, and flexibility in use giving them a better bet with petroleum products. Newer development includes enzyme base adhesives, and bio-polymer uses and characteristics are also improving that cater a broader spectrum of uses. Not only does this technology help ensure that biobased adhesives conform to industrial requirements, but also helps fulfill the rising demand from customers who have become more conscious of the Environment, hence spinning a virtuous cycle that only strengthen the market’s growth.
Collaborative Innovation and Government Support Driving Biobased Adhesives Market Growth
- Another vigorous trend associated with biobased adhesives is the increasing number of partnerships between adhesive producers and industries consuming said adhesives. Such relationships are creating opportunities to enhance ad hoc products and services that could solve the challenges faced in industries such as automotive, packaging, and construction. When manufacturers involve the end-users, this creates an opportunity for designing and developing biobased adhesives for application in the goods and equipment used by the end-users during the manufacturing processes while satisfying the enhanced environmental standards. For instance, industries are now looking for adhesives with less VOC emission to meet quality standards in the air and safety at workplaces. This has in turn provided ways to achieve high performance, biobased adhesives with superior bonding efficacy, durability and resistance to influence from the environment. These solutions allow industries only slightly less reliable and durable materials as synthetic adhesives, reaching their sustainability goals.
- Moreover, the growth of the biobased adhesives market is driven by governments to stimulate green chemistry and more ecological manufacturing processes. Authorities in areas like the EU and North America are drawing new rules that limit the usage of fossil fuel derived items, at the same time extending tax credits and grants for industries in renewable materials production. This policy framework is persuading firms to spend more on research and innovations aiming at developing environmentally friendly biobased adhesives that can provide performance similar to synthetic adhesives. Concerning the latter, further advances in formulation innovations are under development for enhancing biodegradability, diminishing the impact on the environment and fulfilling requirements of certain applications. This dynamic is making use of biobased adhesives as a strategic value proposition in the industries because of their impact on the environmental standards and regulations as well as meeting the emergent market demands for eco-friendly products. Consequently, the market is set to grow still further more as biobased adhesives are poised to become more assimilated into the product range of various industries.
Biobased Adhesives Market Segment Analysis:
Biobased Adhesives Market Segmented based on By Type, By Raw Materials and By Application
By Type, Animal-Based segment is expected to dominate the market during the forecast period
- Collagen or gelatin-based adhesive are normally extracted from animal tissues or waste products; therefore, animal-based bioadhesives are notable class of bioadhesives. Collagen, the major structural protein of animal tissues, and gelatin derived of these tissues are widely known adhesives with a known history of their application for thousands of years. Because of these properties they have been useful in the past as well as today due to their ability to develop sound relations in addition to their biodegradable nature. Earlier, animal-based adhesives used as bioadhesives were common in woodworking, bookbinding and even in certain industrial applications as glue. In the current times, they come in handy, especially in the biomedical industry where they are ideal as commercial products in surgical adhesives, wound healing, and elements of drug delivery.
- Compared to other industries, the usage of animal-based bioadhesives is rather beneficial in medical industry since such products are bio-degradable and sourced from animal products. For example, collagen adhesives are used to stitch up incisions, stem blood loss, and restore tissue growth without the use of synthetic compounds thereby cutting on opportunities of unfavorable side effects. These adhesives also find applications in drug delivery systems since the adhesives are actually compatible with tissues alive which in turn means better results for the health of the patient in question. Apart from their use in medical fields, these adhesives are expanding use in environmentally sensitive areas like woodworking because of their capability to join organic products thus meeting green processing objectives. With increased focus on biocompatibility, and environmentally friendly materials animal based bioadhesives remain a very relevant and diverse product across many industries.
By Application, Packaging and Papersegment held the largest share in 2023
- Manufacturing industries particularly in the Packaging and Paper sector have been welcoming the use of bioadhesives as it becomes the new trend for ‘going green’. These adhesives are bio-degradable products made from renewable resources such as plant starches, lignin and bio-polymers, animal derived products as well as other natural non-petroleum based substances. They noted some of their strengths include their biodegradable nature which means packaging materials can degrade naturally without bringing long-term negative effects in the environment. This feature of bioadhesives makes them a suitable product for industries that are being called upon to scale down on their emissions of greenhouse gases and at the same time satisfy growing consumer awareness about environmental conservation. Also, it has good adhesive properties which not only guarantee environmentally friendly packing material but also provide good reinforcement for products to enhance the current packaging that is being offered in the market.
- The prospects for bioadhesives’ application in this segment are even higher given the ongoing attempts of world regulation of environmentally unfriendly plastic products and stimulating the production of environmentally friendly packaging materials. The government of most countries and environmental organizations are putting stringent measures on the usage of non-degradable products and pressuring industries to come up with sustainable products. Consequently, the growth of bioadhesives depends on compliance with new requirements for major brands and packaging companies. This shift is expected to result in increased market growth of bioadhesives within the packaging and paper segment in the future. The expansion of e-stores that need many more packaging materials along with enhanced consciousness of consumers regarding eco-friendly products is a perfect ground for bioadhesives to transform the packaging industry in the future.
Biobased Adhesives Market Regional Insights:
North America is Expected to Dominate the Market Over the Forecast period
- The market of biobased adhesives in North America is on the rise as many sectors, including packaging, construction, and automotive, look for greener solutions. The pressure for the products and services to be environmentally friendly has become one of the biggest trends in business, especially the packaging industry where biobased adhesives have been embraced by consumers. The construction industry is also moving toward the use of green products, with biobased adhesives playing a major role in lowering the sustainability of construction materials. There is, however, a clear move across the region’s regulatory authorities to further the control of hazardous emissions especially in the application of VOCs: At the same time, there is a growing focus on biodegradable solutions with lower toxicity and increased sustainability. While expanding their use of biobased adhesives is viewed as a compliance issue, it is also important for companies to view it as a branding opportunity and an attempt to meet the expectations of the increasingly environmentally conscious consumer.
- The United States is uniquely poised as a leader in biobased product innovation in this transition toward a more bio-based economy. A major part of the investment is directed towards enhancing the efficiency of biobased adhesives to match that of synthetic adhesives. Environmental policies at the national and state level such as the minimization of VOC emissions have also helped force manufacturers into finding an environmentally friendly solution thus spurring the market’s development further. In addition, other facets implemented by the government for sustainable solutions like the tax credits or grants for green technologies for modern business also working as a booster for biobased technologies. Like several other countries of the world, Canada is also paying much heed to this trend today Especially, environmental conservation has become one of the most important issues in Canada today. Bio based materials are slowly but surely entering the industrial processes of the Canadian industries due to both legal requirements and the expressed goal of diminishing carbon emissions in the country. This has created a growing need for biobased adhesives in various applications including packaging, construction, and manufacturing putting North America at the forefront in contributing to the global biobased adhesives market.
Active Key Players in the Biobased Adhesives Market
- 3M (U.S.)
- Henkel Adhesives Technologies India Private Limited (India)
- Merck KGaA (Germany)
- Arkema (France)
- H.B. Fuller (U.S.)
- Paramelt B.V. (Netherlands)
- Danimer Scientific (U.S.)
- Ashland (U.S.)
- Adhesives Research, Inc. (U.S.)
- Yparex (Netherlands)
- CryoLife (U.S.)
- Tate & Lyle (U.K.) and Other Key Players
Key Industry Developments in the Biobased Adhesives Market
- In April 2024 labelstock specialist VPF then continued to extend its adhesive portfolio with HM 302 a high bonding hot melt adhesive made from organic rubber.. It is a mineral oil-free, bio-based adhesive with a minimized biocarbon factor that has proven to consist of not less than 45 percent organic material, and also demonstrates higher first-tack compared to all VPF adhesives thus far.
Global Biobased Adhesives Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 7.99 Bn. |
Forecast Period 2023-34 CAGR: |
10.00% |
Market Size in 2032: |
USD 18.83 Bn. |
Segments Covered: |
By Type |
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By Raw Materials |
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By Application |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter's Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: Biobased Adhesives Market by Type
4.1 Biobased Adhesives Market Snapshot and Growth Engine
4.2 Biobased Adhesives Market Overview
4.3 Animal-Based
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.3.3 Key Market Trends, Growth Factors and Opportunities
4.3.4 Animal-Based: Geographic Segmentation Analysis
4.4 Plant-Based
4.4.1 Introduction and Market Overview
4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.4.3 Key Market Trends, Growth Factors and Opportunities
4.4.4 Plant-Based: Geographic Segmentation Analysis
Chapter 5: Biobased Adhesives Market by Raw Materials
5.1 Biobased Adhesives Market Snapshot and Growth Engine
5.2 Biobased Adhesives Market Overview
5.3 Rosin
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Rosin: Geographic Segmentation Analysis
5.4 Starch
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Starch: Geographic Segmentation Analysis
5.5 Lignin
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Lignin: Geographic Segmentation Analysis
5.6 Soy
5.6.1 Introduction and Market Overview
5.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.6.3 Key Market Trends, Growth Factors and Opportunities
5.6.4 Soy: Geographic Segmentation Analysis
5.7 Others
5.7.1 Introduction and Market Overview
5.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.7.3 Key Market Trends, Growth Factors and Opportunities
5.7.4 Others: Geographic Segmentation Analysis
Chapter 6: Biobased Adhesives Market by Application
6.1 Biobased Adhesives Market Snapshot and Growth Engine
6.2 Biobased Adhesives Market Overview
6.3 Packaging & Paper
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Packaging & Paper: Geographic Segmentation Analysis
6.4 Construction
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Construction: Geographic Segmentation Analysis
6.5 Wood
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Wood: Geographic Segmentation Analysis
6.6 Personal Care
6.6.1 Introduction and Market Overview
6.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.6.3 Key Market Trends, Growth Factors and Opportunities
6.6.4 Personal Care: Geographic Segmentation Analysis
6.7 Medical
6.7.1 Introduction and Market Overview
6.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.7.3 Key Market Trends, Growth Factors and Opportunities
6.7.4 Medical: Geographic Segmentation Analysis
Chapter 7: Company Profiles and Competitive Analysis
7.1 Competitive Landscape
7.1.1 Competitive Benchmarking
7.1.2 Biobased Adhesives Market Share by Manufacturer (2023)
7.1.3 Industry BCG Matrix
7.1.4 Heat Map Analysis
7.1.5 Mergers and Acquisitions
7.2 3M (U.S.)
7.2.1 Company Overview
7.2.2 Key Executives
7.2.3 Company Snapshot
7.2.4 Role of the Company in the Market
7.2.5 Sustainability and Social Responsibility
7.2.6 Operating Business Segments
7.2.7 Product Portfolio
7.2.8 Business Performance
7.2.9 Key Strategic Moves and Recent Developments
7.2.10 SWOT Analysis
7.3 HENKEL ADHESIVES TECHNOLOGIES INDIA PRIVATE LIMITED (INDIA)
7.4 MERCK KGAA (GERMANY)
7.5 ARKEMA (FRANCE)
7.6 H.B. FULLER (U.S.)
7.7 PARAMELT B.V. (NETHERLANDS)
7.8 DANIMER SCIENTIFIC (U.S.)
7.9 ASHLAND (U.S.)
7.10 ADHESIVES RESEARCH
7.11 INC. (U.S.)
7.12 YPAREX (NETHERLANDS)
7.13 CRYOLIFE (U.S.)
7.14 TATE & LYLE (U.K.)
7.15 OTHER KEY PLAYERS.
Chapter 8: Global Biobased Adhesives Market By Region
8.1 Overview
8.2. North America Biobased Adhesives Market
8.2.1 Key Market Trends, Growth Factors and Opportunities
8.2.2 Top Key Companies
8.2.3 Historic and Forecasted Market Size by Segments
8.2.4 Historic and Forecasted Market Size By Type
8.2.4.1 Animal-Based
8.2.4.2 Plant-Based
8.2.5 Historic and Forecasted Market Size By Raw Materials
8.2.5.1 Rosin
8.2.5.2 Starch
8.2.5.3 Lignin
8.2.5.4 Soy
8.2.5.5 Others
8.2.6 Historic and Forecasted Market Size By Application
8.2.6.1 Packaging & Paper
8.2.6.2 Construction
8.2.6.3 Wood
8.2.6.4 Personal Care
8.2.6.5 Medical
8.2.7 Historic and Forecast Market Size by Country
8.2.7.1 US
8.2.7.2 Canada
8.2.7.3 Mexico
8.3. Eastern Europe Biobased Adhesives Market
8.3.1 Key Market Trends, Growth Factors and Opportunities
8.3.2 Top Key Companies
8.3.3 Historic and Forecasted Market Size by Segments
8.3.4 Historic and Forecasted Market Size By Type
8.3.4.1 Animal-Based
8.3.4.2 Plant-Based
8.3.5 Historic and Forecasted Market Size By Raw Materials
8.3.5.1 Rosin
8.3.5.2 Starch
8.3.5.3 Lignin
8.3.5.4 Soy
8.3.5.5 Others
8.3.6 Historic and Forecasted Market Size By Application
8.3.6.1 Packaging & Paper
8.3.6.2 Construction
8.3.6.3 Wood
8.3.6.4 Personal Care
8.3.6.5 Medical
8.3.7 Historic and Forecast Market Size by Country
8.3.7.1 Bulgaria
8.3.7.2 The Czech Republic
8.3.7.3 Hungary
8.3.7.4 Poland
8.3.7.5 Romania
8.3.7.6 Rest of Eastern Europe
8.4. Western Europe Biobased Adhesives Market
8.4.1 Key Market Trends, Growth Factors and Opportunities
8.4.2 Top Key Companies
8.4.3 Historic and Forecasted Market Size by Segments
8.4.4 Historic and Forecasted Market Size By Type
8.4.4.1 Animal-Based
8.4.4.2 Plant-Based
8.4.5 Historic and Forecasted Market Size By Raw Materials
8.4.5.1 Rosin
8.4.5.2 Starch
8.4.5.3 Lignin
8.4.5.4 Soy
8.4.5.5 Others
8.4.6 Historic and Forecasted Market Size By Application
8.4.6.1 Packaging & Paper
8.4.6.2 Construction
8.4.6.3 Wood
8.4.6.4 Personal Care
8.4.6.5 Medical
8.4.7 Historic and Forecast Market Size by Country
8.4.7.1 Germany
8.4.7.2 UK
8.4.7.3 France
8.4.7.4 Netherlands
8.4.7.5 Italy
8.4.7.6 Russia
8.4.7.7 Spain
8.4.7.8 Rest of Western Europe
8.5. Asia Pacific Biobased Adhesives Market
8.5.1 Key Market Trends, Growth Factors and Opportunities
8.5.2 Top Key Companies
8.5.3 Historic and Forecasted Market Size by Segments
8.5.4 Historic and Forecasted Market Size By Type
8.5.4.1 Animal-Based
8.5.4.2 Plant-Based
8.5.5 Historic and Forecasted Market Size By Raw Materials
8.5.5.1 Rosin
8.5.5.2 Starch
8.5.5.3 Lignin
8.5.5.4 Soy
8.5.5.5 Others
8.5.6 Historic and Forecasted Market Size By Application
8.5.6.1 Packaging & Paper
8.5.6.2 Construction
8.5.6.3 Wood
8.5.6.4 Personal Care
8.5.6.5 Medical
8.5.7 Historic and Forecast Market Size by Country
8.5.7.1 China
8.5.7.2 India
8.5.7.3 Japan
8.5.7.4 South Korea
8.5.7.5 Malaysia
8.5.7.6 Thailand
8.5.7.7 Vietnam
8.5.7.8 The Philippines
8.5.7.9 Australia
8.5.7.10 New Zealand
8.5.7.11 Rest of APAC
8.6. Middle East & Africa Biobased Adhesives Market
8.6.1 Key Market Trends, Growth Factors and Opportunities
8.6.2 Top Key Companies
8.6.3 Historic and Forecasted Market Size by Segments
8.6.4 Historic and Forecasted Market Size By Type
8.6.4.1 Animal-Based
8.6.4.2 Plant-Based
8.6.5 Historic and Forecasted Market Size By Raw Materials
8.6.5.1 Rosin
8.6.5.2 Starch
8.6.5.3 Lignin
8.6.5.4 Soy
8.6.5.5 Others
8.6.6 Historic and Forecasted Market Size By Application
8.6.6.1 Packaging & Paper
8.6.6.2 Construction
8.6.6.3 Wood
8.6.6.4 Personal Care
8.6.6.5 Medical
8.6.7 Historic and Forecast Market Size by Country
8.6.7.1 Turkey
8.6.7.2 Bahrain
8.6.7.3 Kuwait
8.6.7.4 Saudi Arabia
8.6.7.5 Qatar
8.6.7.6 UAE
8.6.7.7 Israel
8.6.7.8 South Africa
8.7. South America Biobased Adhesives Market
8.7.1 Key Market Trends, Growth Factors and Opportunities
8.7.2 Top Key Companies
8.7.3 Historic and Forecasted Market Size by Segments
8.7.4 Historic and Forecasted Market Size By Type
8.7.4.1 Animal-Based
8.7.4.2 Plant-Based
8.7.5 Historic and Forecasted Market Size By Raw Materials
8.7.5.1 Rosin
8.7.5.2 Starch
8.7.5.3 Lignin
8.7.5.4 Soy
8.7.5.5 Others
8.7.6 Historic and Forecasted Market Size By Application
8.7.6.1 Packaging & Paper
8.7.6.2 Construction
8.7.6.3 Wood
8.7.6.4 Personal Care
8.7.6.5 Medical
8.7.7 Historic and Forecast Market Size by Country
8.7.7.1 Brazil
8.7.7.2 Argentina
8.7.7.3 Rest of SA
Chapter 9 Analyst Viewpoint and Conclusion
9.1 Recommendations and Concluding Analysis
9.2 Potential Market Strategies
Chapter 10 Research Methodology
10.1 Research Process
10.2 Primary Research
10.3 Secondary Research
Global Biobased Adhesives Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 7.99 Bn. |
Forecast Period 2023-34 CAGR: |
10.00% |
Market Size in 2032: |
USD 18.83 Bn. |
Segments Covered: |
By Type |
|
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By Raw Materials |
|
||
By Application |
|
||
By Region |
|
||
Key Market Drivers: |
|
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Key Market Restraints: |
|
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Key Opportunities: |
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Companies Covered in the report: |
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Frequently Asked Questions :
The forecast period in the Market research report is 2024-2032.
3M (U.S.), Henkel Adhesives Technologies India Private Limited (India), Merck KGaA (Germany), Arkema (France), H.B. Fuller (U.S.), Paramelt B.V. (Netherlands), Danimer Scientific (U.S.), Ashland (U.S.), Adhesives Research, Inc. (U.S.), Yparex (Netherlands), CryoLife (U.S.), and Tate & Lyle (U.K.) and among others
The Biobased Adhesives Market is segmented into By Type, By Raw Materials, By Application and region. By Type, the market is categorized into Animal-Based and Plant-Based.By Raw Materials, the market is categorized into Rosin, Starch, Lignin, Soy, and Others.By Application, the market is categorized into Packaging and Paper, Construction, Wood, Personal Care, and Medical.By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
Bio based adhesives are specifically adhesive products which are derived from biologically derived sources as opposed to naturally occurring petrochemicals. These adhesives have their main elements originating from natural resources like extracts, oils, starch derivatives and proteins. They are intended to have comparable or improved-performance profiles to traditional adhesives but with better environmental profiles in terms of their feed stocks’ derivations from fossil resources or their resultant negative influence on the environement.
Biobased Adhesives Market Size Was Valued at USD 7.99 Billion in 2023, and is Projected to Reach USD 18.83 Billion by 2032, Growing at a CAGR of 10.00% From 2024-2032.