Title: Global Bioadhesive Market Share, Size, Growth, Trends, Opportunity and Forecast Report 2018-2023
1Global Bio adhesive Market Influenced by Demand
for Bio- Based Products
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3Report Description and Highlights
Global Bioadhesive Market Influenced by Demand
for Bio-Based Products The global bioadhesive
market has witnessed a steady growth over the
past few years. This can be attributed to the
environment friendly nature of bioadhesives
coupled with their diverse applications in the
food and beverage, and medical
industries. Bioadhesives are natural or
synthetic polymers which are designed to adhere
to biological surfaces. Natural bioadhesives
comprises of microorganisms, such as algae, fungi
and bacteria, whereas, synthetic bioadhesives
are made from biological monomers like sugar.
Increasing consumer awareness about the adverse
effects of synthetic materials and growing
inclination toward natural products has resulted
in an augmented demand for bioadhesives. A new
research report by IMARC Group, titled
Bioadhesive Market Global Industry Trends,
Share, Size, Growth, Opportunity and Forecast
2018-2023, estimates that the global
bioadhesive market was worth US 1.4 Billion in
2017. The report further anticipates the market
to reach a value of US 3.0 Billion by 2023, at a
projected CAGR of more than 13 over the forecast
period. .
4Report Description and Highlights
- Global Bioadhesive Market Drivers/Constraints
- In recent years, bioadhesives have rapidly gained
popularity as an alternative to synthetic
adhesives on account of their environment-friendly
nature. This has further been supported by
government regulations encouraging the usage of
bio-based products, particularly in the
developed countries. - The increasing applications of bioadhesives in
the medical industry for transdermal drug
delivery, skin bonded monitoring devices,
surgeries and wound care dressing is projected to
augment the demand for bioadhesives across the
globe. - The changing preferences of consumers towards
sustainable packaging along with the rising
usage of bioadhesives in the food and beverage
industry for packaging applications due to their
nontoxic nature are further fuelling the
bioadhesives market worldwide. - The major factors that limit the growth of the
market are lower shelf life and reliability, and
high cost of bioadhesives. In addition, the lack
of skilled resources for the development of
improved bioadhesives also hampers market
growth. - Read more here https//www.imarcgroup.com/bioadhe
sive-market
5Report Description and Highlights
Product Type Insights On the basis of type, the
report finds that the market has been segmented
into plant-based and animal- based bioadhesives.
Plant-based bioadhesives include products made
from starch, soy and corn. On the other hand,
animal-based bioadhesives are made using bones,
hides, and hooves of various animals.
End-Use Insights Based on end-use, the market
has been segmented into paper and packaging,
construction, wood, personal care, healthcare
and others. Currently, paper and packaging
represent the largest end-use segment as
bioadhesives are used in printed sheet
lamination, cigarettes and filters, flexible
packaging and specialty packaging. Request
Sample Of The Report https//www.imarcgroup.com/r
equest?typereportid864flagB
6Report Description and Highlights
- Regional Insights
- Region-wise, Europe is the largest market for
bioadhesives, accounting for the majority of the
global share on account of escalating
construction activities in the region where
bioadhesives are used in making pavements, waste
management systems, cladding panels and pipes. It
is followed by North America and Asia Pacific.
Other major regions are the Middle east and
Africa, and Latin America. - Competitive Landscape
- The market is highly fragmented, characterised
with the presence of numerous small and large
manufacturers who compete in terms of prices and
quality. Some of the leading players operating in
the market are - Henkel Corporation
- Dow Chemical Company
- Ashland Inc
- Adhesives Research, Inc.
- EcoSynthetix
7Report Description and Highlights
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8Report Description and Highlights
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