Title: Bio-based Adhesives & Sealants Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2021 - 2026
1Bio-based Adhesives Sealants MarketMarket
size, Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
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- Bio-based adhesives sealants market size is
forecast to reach US11.6 billion by 2026, after
growing at a CAGR of 13.2 during
2021-2026. Adhesives and sealants (AS) are
materials that have excellent properties,
flexibility, and easy curing mechanisms, and are
commonly used in a range of industries, from
building to medicine. Due to the fast-growing
demand for petroleum-based goods (fossil based
materials) and the consequent negative
environmental effect (the carbon footprint),
there is an increasing need to establish novel
and more sustainable sources to procure raw
materials.
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- Key Takeaways
- Europe dominates the bio-based adhesives
sealants market. The growing demand growth in
Europe has been driven by the use of bio-based
adhesives sealants in industries such as
packaging, construction, healthcare, and more. - In the packaging and construction industries,
bio-based adhesives sealants have widespread
applications. Macroscopic factors such as rising
population and industrialization lead to the
growth of the packaging and construction
industries, which in turn flourishes the
bio-based adhesives sealants industry. - Â Furthermore, rising stringent regulations
regulating the use of fossil based materials are
also expected to stimulate the market for
biopolymer based adhesives sealants. -
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By Distribution Channel- Segment Analysis The wax
segment held the largest share of more than 25
in the bio-based adhesives sealants market in
2020. Over recent years, the interest in
bio-adhesives over fossil based materials
adhesives, including wax based soy protein has
increased rapidly. Among natural renewable
resources suitable for industrial use, soy is a
reasonable choice due to its high production
volume and the small use of soy meal-based
products for human food consumption. Soy protein
can be an ideal raw material for the
manufacturing of wood adhesives due to its low
cost, high protein content, and easy processing.Â
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- Bio-based Adhesives Sealants
Market Outlook - Henkel AG Co. KGaA
- Arkema Group (Bostik SA)
- H.B. Fuller
- 3M
- Toyochem Co., Ltd
- Paramelt B.V
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Bio-based Adhesives Sealants Market - Forecast
2021 - 2026 Learn More About the Report _at_
https//www.industryarc.com/Research/Bio-based-Ad
hesives-Sealants-Market-Research-502900
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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