Title: Bio-based Adhesives & Sealants Market Size Forecast to Reach $11.6 Billion by 2026
1Bio-based Adhesives Sealants Market - Forecast
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.
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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
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- Bio-based Adhesives Sealants Market Industry
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-Adh
esives-Sealants-Market-Research-502900
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- Analyst Briefing
- Data Tables
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