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Bioadhesive Market

Bioadhesive Market (Source - Plant-based and Animal-based; End User - Paper and Packaging, Construction, Wood Works and Furniture, Medical, and Personal Care) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

Global Bioadhesive Market: Snapshot 

The global market for bioadhesive has been gaining significantly over the recent past. Thanks to the increasing implementation of stringent rules and regulations, compelling industries to limit the application of petroleum-based products, the focus on eco-friendly, bio-based adhesives has increased, which is reflecting greatly on this market. The technological advancements in research and development activities and the resultant advancements in adhesives is also supporting the adoption of a variety of bioadhesives across the world. Going forward, the increasing entry of new vendors in this market is likely to back up its growth over the next few years. 

As per Transparency Market Research (TMR), the global market for bioadhesive, which stood at US$251.6 mn in 2015, is anticipated to rise at a healthy CAGR of 12.90% during the period from 2016 to 2024a and is projected to increase to US$736.0 mn by the end of 2024. 

bioadhesive market

Demand for Animal-based Bioadhesives to Remain High 

The global market for bioadhesives is broadly analyzed on the basis of the source and the end user. Based on the source, the market has been classified into plant-based bioadhesives and animal-based bioadhesives. Among the two, the animal-based bioadhesive segment led the global market in 2015 with a share of nearly 80%. Researchers expect it to continue like this over the forecast period as well on the ground of the rising utilization of these adhesives in the medical and healthcare industry for specialty applications, such as open surgeries and wound closures. 

By the application, the market has been categorized into the paper and packaging, medical, personal care, wood works and furniture, and the construction industries. With a share of more than 30%, the paper and packaging industry surfaced as the leading consumer of a varied range of bioadhesives in 2015. Over the coming years, the industry is expected to continue as the key end user of bioadhesives, thanks to the steady rise in the global packaging industry. 

Europe to Retain its Top Position 

Geographically, the worldwide market for bioadhesives is led by Europe. In 2015, the European market accounted for more than 35% of the overall market, thanks to the increase in the construction activities. Over the forthcoming years, the regional market is likely to remain dominant on the grounds of the high demand for bioadhesives in several industries, such as construction, packaging, and wood works and furniture in this region. Germany is anticipated to emerge as the leading consumers of bioadhesives in Europe in the near future.

Apart from Europe, North America is also expected to display lucrative growth opportunities for the market for bioadhesives. The rising implementation of stringent norms and policies concerning the usage of petroleum-derived products in this region is likely to boost the North America market for bioadhesives in the years to come. The development of novel products with efficient adhesive properties is also projected to provide momentum to the North American market over the next few years. 

Adhesives Research Inc., 3M Co., SCION, Adhbio, Bioadhesive Alliance Inc., Meredian Holdings Group Inc., Ecosynthetix Inc., Ashland, Cryolife Inc., and Henkel Corp. are some of the key players operating in the global bioadhesive market.

Healthcare Sector to Invite Numerous Growth Opportunities for the Bioadhesive Market

The bioadhesive market expects to gain promising growth across the assessment period of 2016-2024 on the back of the rising demand for eco-friendly products among a large chunk of the global populace. The rising restrictions imposed by the government bodies of numerous countries on petrochemical adhesives will bring good growth prospects from the bioadhesive market.

  • Bioadhesives are derived from renewable sources. They are natural polymeric materials that act as adhesives. It is a form of glue formed synthetically from biocompatible intermediates that comprise many substances such as cellulose, gelatin, and starch. Thus, all these properties bring good growth opportunities for the bioadhesive market.
  • The growing use of bioadhesives in the healthcare sector will prove to be a game-changer. The overwhelming use across various applications will bring tremendous growth opportunities for the bioadhesive market. The support of the government bodies through imposing regulations on chemical-based adhesives will bring immense growth prospects for the bioadhesive market.
  • The construction industry also makes use of bioadhesives on a large scale. This aspect will bring extensive growth opportunities. The growing influence of urbanization and industrialization in various regions and countries has increased the demand for the construction segment. This factor helps in increasing the growth rate of the bioadhesive market.
  • The COVID-19 pandemic has affected the growth projections of numerous sectors and businesses around the world. The growing transmission of the virus and the increasing fatalities due to COVID-19 forced many countries to go into strict lockdowns. These lockdowns affected the growth prospects of the bioadhesive market to a considerable extent. The shutting down of manufacturing facilities decreased the production levels of bioadhesives, eventually impacting the growth rate negatively.
  • Nevertheless, the announcement of several relaxations in the lockdown norms by various regions will serve as a game-changer for the players in the bioadhesive market.

    1. Preface
         1.1. Report Scope and Market Segmentation 
         1.2. Research Highlights

    2. Assumptions and Research Methodology
         2.1. Assumptions and Acronyms Used
         2.2. Research Methodology

    3. Executive Summary
         3.1. Market Size, Indicative (US$ Mn)
         3.2. 3Top 3 Trends

    4. Market Overview
         4.1. Adhesives Overview
         4.2. Key Industry Developments
         4.3. Market Indicators
         4.4. Drivers and Restraints Analysis
                4.4.1. Drivers
                4.4.2. Restraints
                4.4.3. Opportunity Analysis
                4.4.4. Opportunities
         4.5. Global Bio-Adhesives Market Analysis and Forecast 
         4.6. Bio-Adhesives Market: Global Demand-Supply Scenario 
         4.7. Porter’s Analysis
                4.7.1. Threat of Substitutes
                4.7.2. Bargaining Power of Buyers
                4.7.3. Bargaining Power of Suppliers
                4.7.4. Threat of New Entrants
                4.7.5. Degree of Competition
         4.8. Value Chain Analysis

    5. Bio-Adhesives Market Analysis, by Source
         5.1. Key Findings
         5.2. Introduction
         5.3. Market Value Share Analysis
         5.4. Bio-Adhesives Market Forecast, by Source
                5.4.1. Animal based, 2015 – 2024
                5.4.2. Plant based, 2015 – 2024
         5.5. Comparison Matrix
         5.6. Market Attractiveness Analysis

    6. Bio-Adhesives Market Analysis, by End-User Industry
         6.1. Key Findings
         6.2. Introduction
         6.3. Market Value Share Analysis
         6.4. Bio-Adhesives Market Forecast, by End-User Industry
                6.4.1. Packaging & Paper, 2015 – 2024
                6.4.2. Construction, 2015 – 2024
                6.4.3. Wood & Furniture, 2015 – 2024
                6.4.4. Medical, 2015 – 2024
                6.4.5. Personal Care, 2015 – 2024
                6.4.6. Others, 2015 – 2024
         6.5. Comparison Matrix
         6.6. Market Attractiveness Analysis

    7. Bio-Adhesives Market Analysis, by Region
         7.1. Global Regulatory Scenario
         7.2. Bio-Adhesives Market Value Share Analysis
         7.3. Bio-Adhesives Market Forecast, by Region
                7.3.1. North America 
                7.3.2. Europe 
                7.3.3. Asia Pacific 
                7.3.4. Latin America
                7.3.5. Middle East & Africa
         7.4. Market Attractiveness Analysis
         7.5. Market Pricing Analysis, by Source

    8. North America Bio-Adhesives Market Analysis
         8.1. Key Findings
         8.2. North America Bio-Adhesives Market Size and Volume Forecast, by Source
                8.2.1. Animal based 
                8.2.2. Plant based
         8.3. North America Bio-Adhesives Market Size and Volume Forecast, by End-User Industry
                8.3.1. Packaging & Paper
                8.3.2. Construction
                8.3.3. Wood & Furniture
                8.3.4. Medical
                8.3.5. Personal Care
                8.3.6. Others
         8.4. North America Market Value Share Analysis, by Country
                8.4.1. U.S.
                8.4.2. Canada
         8.5. North America Bio-Adhesives Market Forecast, by Country
         8.6. North America Bio-Adhesives Market Attractiveness Analysis, by End-User Industry 

    9. Europe Bio-Adhesives Market Analysis
         9.1. Key Findings
         9.2. Europe Bio-Adhesives Market Size and Volume Forecast, by Source
                9.2.1. Animal based 
                9.2.2. Plant based
         9.3. Europe Bio-Adhesives Market Size and Volume Forecast, by End-User Industry
                9.3.1. Packaging & Paper
                9.3.2. Construction
                9.3.3. Wood & Furniture
                9.3.4. Medical
                9.3.5. Personal Care
                9.3.6. Others
         9.4. Europe Market Value Share Analysis, by Country
                9.4.1. France
                9.4.2. U.K.
                9.4.3. Spain
                9.4.4. Germany
                9.4.5. Italy
                9.4.6. Rest of Europe
         9.5. Europe Bio-Adhesives Market Forecast, by Country
         9.6. Europe Bio-Adhesives Market Attractiveness Analysis, by End-User Industry 

    10. Asia Pacific Bio-Adhesives Market Analysis
         10.1. Key Findings
         10.2. Asia Pacific Bio-Adhesives Market Size and Volume Forecast, by Source
                10.2.1. Animal based 
                10.2.2. Plant based
         10.3. Asia Pacific Bio-Adhesives Market Size and Volume Forecast, by End-User Industry
                10.3.1. Packaging & Paper
                10.3.2. Construction
                10.3.3. Wood & Furniture
                10.3.4. Medical
                10.3.5. Personal Care
                10.3.6. Others
         10.4. Asia Pacific Market Value Share Analysis, by Country
                10.4.1. China
                10.4.2. New Zealand
                10.4.3. ASEAN
                10.4.4. India
                10.4.5. Rest of Asia Pacific
         10.5. Asia Pacific Bio-Adhesives Market Forecast, by Country
         10.6. Asia Pacific Bio-Adhesives Market Attractiveness Analysis, by End-User Industry 

    11. Latin America Bio-Adhesives Market Analysis
         11.1. Key Findings
         11.2. Latin America Bio-Adhesives Market Size and Volume Forecast, by Source
                11.2.1. Animal based 
                11.2.2. Plant based
         11.3. Latin America Bio-Adhesives Market Size and Volume Forecast, by End-User Industry
                11.3.1. Packaging & Paper
                11.3.2. Construction
                11.3.3. Wood & Furniture
                11.3.4. Medical
                11.3.5. Personal Care
                11.3.6. Others
         11.4. Latin America Market Value Share Analysis, by Country
                11.4.1. Brazil
                11.4.2. Mexico
                11.4.3. Rest of Latin America
         11.5. Latin America Bio-Adhesives Market Forecast, by Country
         11.6. Latin America Bio-Adhesives Market Attractiveness Analysis, by End-User Industry 

    12. Middle East & Africa Bio-Adhesives Market Analysis
         12.1. Key Findings
         12.2. Middle East & Africa Bio-Adhesives Market Size and Volume Forecast, by Source
                12.2.1. Animal based 
                12.2.2. Plant based
         12.3. Middle East & Africa Bio-Adhesives Market Size and Volume Forecast, by End-User Industry
                12.3.1. Packaging & Paper
                12.3.2. Construction
                12.3.3. Wood & Furniture
                12.3.4. Medical
                12.3.5. Personal Care
                12.3.6. Others
         12.4. Middle East & Africa Market Value Share Analysis, by Country
                12.4.1. GCC Countries
                12.4.2. Egypt
                12.4.3. South Africa
                12.4.4. Rest of Middle East & Africa
         12.5. Middle East & Africa Bio-Adhesives Market Forecast, by Country
         12.6. Middle East & Africa Bio-Adhesives Market Attractiveness Analysis, by End-User Industry 

    13. Competition Landscape
         13.1. Bio-Adhesives Market Share Analysis by Company (2015)
         13.2. Competition Matrix
         13.3. Company Profiles
                13.3.1. Henkel Corporation 
                          13.3.1.1. Company Description
                          13.3.1.2. Business Overview
                          13.3.1.3. SWOT Analysis
                          13.3.1.4. Financial Details
                          13.3.1.5. Strategic Overview
                13.3.2. Cryolife Inc.
                          13.3.2.1. Company Description
                          13.3.2.2. Business Overview
                          13.3.2.3. SWOT Analysis
                          13.3.2.4. Financial Details
                          13.3.2.5. Strategic Overview
                13.3.3. Ashland
                          13.3.3.1. Company Description
                          13.3.3.2. Business Overview
                          13.3.3.3. SWOT Analysis
                          13.3.3.4. Financial Details
                          13.3.3.5. Strategic Overview
                13.3.4. Ecosynthetix Inc.
                          13.3.4.1. Company Description
                          13.3.4.2. Business Overview
                          13.3.4.3. SWOT Analysis
                          13.3.4.4. Financial Details
                          13.3.4.5. Strategic Overview
                13.3.5. Meredian Holdings Group Inc.
                          13.3.5.1. Company Description
                          13.3.5.2. Business Overview
                          13.3.5.3. Strategic Overview
                13.3.6. Bioadhesive Alliance Inc.
                          13.3.6.1. Company Description
                          13.3.6.2. Strategic Overview
                13.3.7. Adhbio
                          13.3.7.1. Company Description
                          13.3.7.2. Business Overview
                          13.3.7.3. Strategic Overview
                13.3.8. SCION
                          13.3.8.1. Company Description
                          13.3.8.2. Business Overview
                          13.3.8.3. Strategic Overview
                13.3.9. 3M Company
                          13.3.9.1. Company Description
                          13.3.9.2. Business Overview
                          13.3.9.3. Strategic Overview
                13.3.10. Adhesives Research Inc.
                          13.3.10.1. Company Description
                          13.3.10.2. Business Overview
                          13.3.10.3. Strategic Overview

    14. Key Takeaways

    List of Tables

    Table 1: Global Bioadhesive market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Source, 2015–2024
    Table 2: Global Bioadhesive market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by End-user Industry, 2015–2024
    Table 3: Global Bioadhesive market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Region, 2015–2024
    Table 4: North America Bioadhesive market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Source, 2015–2024
    Table 5: North America Bioadhesive market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by End-User Industry, 2015–2024
    Table 6: North America Bioadhesive market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Country, 2015–2024
    Table 7: Europe Bioadhesive market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Source, 2015–2024
    Table 8: Europe Bioadhesive market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by End-User Industry, 2015–2024
    Table 9: Europe Bioadhesive market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Country, 2015–2024
    Table 10: Asia Pacific Bioadhesive market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Source, 2015–2024
    Table 11: Asia Pacific Bioadhesive market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by End-User Industry, 2015–2024
    Table 12: Asia Pacific Bioadhesive market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Country, 2015–2024
    Table 13: Latin America Bioadhesive market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Source, 2015–2024
    Table 14: Latin America Bioadhesive market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by End-User Industry, 2015–2024
    Table 15: Latin America Bioadhesive market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Country, 2015–2024
    Table 16: Middle East & Africa Bioadhesive market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Source, 2015–2024
    Table 17: Middle East & Africa Bioadhesive market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by End-User Industry,
    Table 18: Middle East & Africa Bioadhesive market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Country, 2015–2024

    List of Figures

    Figure 1: Global Bioadhesive market
    Figure 2: Global Bioadhesive market Size (US$ Mn) and Volume (Kilo Tons) Forecast, 2015–2024
    Figure 3: Global Bioadhesive Average Prices (US$/ton), 2015–2024
    Figure 4: Global Bioadhesive market Value Share Analysis, by Source, 2015 and 2024
    Figure 5: Bioadhesive market for Plant based Bioadhesive
    Figure 6: Bioadhesive market for Animal based Bioadhesive
    Figure 7: Global Bioadhesive market Attractiveness Analysis, by Source
    Figure 8: Global Bioadhesive market Value Share Analysis, by End-user Industry, 2015 and 2024
    Figure 9: Bioadhesive market for paper & packaging
    Figure 10: Bioadhesive market for Construction
    Figure 11: Bioadhesive market for wood works & furniture Works
    Figure 12: Bioadhesive market for Medical
    Figure 13: Bioadhesive market for Personal Care
    Figure 14: Bioadhesive market for Others
    Figure 15: Bioadhesive market Attractiveness Analysis, by End-user Industry
    Figure 16: Global Bioadhesive market Value Share Analysis, by Region, 2015 and 2024
    Figure 17: Global Bioadhesive market Attractiveness Analysis, by Region
    Figure 18: Prices of Bioadhesive, by Source, US$/Ton, 2015–2024
    Figure 19: North America Bioadhesive market Size (US$ Mn) and Volume (Kilo Tons) Forecast,
    Figure 20: North America Bioadhesive market Size and Volume Y-o-Y Growth Projection,
    Figure 21: North America Market Attractiveness Analysis, by Country
    Figure 22: North America Market Value Share Analysis, by Source, 2015 and 2024
    Figure 23: North America Market Value Share Analysis, by End-User Industry, 2015 and 2024
    Figure 24: North America Market Value Share Analysis, by Country, 2015 and 2024
    Figure 25: North America Market Attractiveness Analysis, by end-user, 2015
    Figure 26: Europe Bioadhesive market Size (US$ Mn) and Volume (Kilo Tons) Forecast, 2015–2024
    Figure 27: Europe Bioadhesive market Size and Volume Y-o-Y Growth Projection, 2015–2024
    Figure 28: Europe Market Attractiveness Analysis, by Country
    Figure 29: Europe Market Value Share Analysis, by Source, 2015 and 2024
    Figure 30: Europe Market Value Share Analysis, by End-User Industry, 2015 and 2024
    Figure 31: Europe Market Value Share Analysis, by Country, 2015 and 2024
    Figure 32: Europe Bioadhesive market Attractiveness Analysis, by end-user, 2015
    Figure 33: Asia Pacific Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, 2015–2024
    Figure 34: Asia Pacific Market Size and Volume Y-o-Y Growth Projection, 2015–2024
    Figure 35: Asia Pacific Market Attractiveness Analysis, by Country
    Figure 36: Asia Pacific Market Value Share Analysis, by Source, 2015 and 2024
    Figure 37: Asia Pacific Market Value Share Analysis, by End-User Industry, 2015 and 2024
    Figure 38: Asia Pacific Market Value Share Analysis, by Country, 2015 and 2024
    Figure 39: Asia Pacific Market Attractiveness Analysis, by End User, 2015
    Figure 40: Latin America Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, 2015–2024
    Figure 41: Latin America Market Size and Volume Y-o-Y Growth Projection, 2015–2024
    Figure 42: Latin America Market Attractiveness Analysis, by Country
    Figure 43: Latin America Market Value Share Analysis, by Source, 2015 and 2024
    Figure 44: Latin America Market Value Share Analysis, by End-User Industry, 2015 and 2024
    Figure 45: Latin America Market Value Share Analysis, by Country, 2015 and 2024
    Figure 46: Latin America Market Attractiveness Analysis, by Application, 2015
    Figure 47: Middle East & Africa Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, 2015–2024
    Figure 48: Middle East & Africa Market Size and Volume Y-o-Y Growth Projection, 2015–2024
    Figure 49: Middle East & Africa Market Attractiveness Analysis, by Country
    Figure 50: Middle East & Africa Market Value Share Analysis, by Source, 2015 and 2024
    Figure 51: Middle East & Africa Market Value Share Analysis, by End-User Industry, 2015 and 2024
    Figure 52: Middle East & Africa Market Value Share Analysis, by Country, 2015 and 2024
    Figure 53: Middle East & Africa Market Attractiveness Analysis, by end-user, 2015
    Figure 54: Global Paraxylene Market Share Analysis By Company (2015)

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Bioadhesive Market

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