Bioadhesives Market Size and Share 2024

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Your Catalyst To a Lucrative Business Bioadhesives
Market Analysis, Size, Share, Growth, Industry
Trends and Forecasts to 2024 - Hexa Research
" The global Bioadhesives Market surpassed
750 kilo tons in 2015. It is estimated to reach
nearly 2.5 million tons by 2024 from 2
million tons in 2023. Greater preference for
bio-based products will drive the market in
the coming years."
The global Bioadhesives Market exceeded 750 kilo
tons in 2015. The capacity is estimated to
increase from 2 million tons in 2023 to almost
2.5 million tons by 2024. Demand for bio-based
eco-friendly products is anticipated to drive the
market during the forecast period (2016-2024).
Greater awareness about the adverse effects of
synthetic materials can propel market growth.
Additionally, bio-based origin and low
manufacturing costs should execute a primary role
in industry growth. The use of bioadhesives in
flexible packaging could boost demand for the
product. Moreover, robust demand from chemical
and healthcare applications may impel market
growth. Most governments worldwide are regulating
chemical industries in an attempt to reduce the
use of fossil fuels. This could substantially
increase the demand for bioadhesives.
Environmental regulations that promote the use of
biodegradable products could positively impact
the market. The global bioadhesives market is
fragmented into sources, applications, and
regions. Sources are split into animal base and
plant base. Starches and gelatin are the key
ingredients that are used in these bonding
agents. In 2014, plant based adhesives dominated
with more than 85 of the total market volumes.
Availability of raw materials, like soy, corn,
and starch at low prices is projected to increase
the production of these glues during the forecast
period. Animal based adhesives could expand at a
CAGR of over 13 till 2024. These glues are
derived from animal bones, hides hooves and are
commonly used in wood work. However, the low
shelf-life of such adhesives can hinder the
growth of the bioadhesives industry. Browse
Details of Report _at_ https//www.hexaresearch.com/r
esearch-report/bioadhesives-market
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Your Catalyst To a Lucrative Business On the
basis of applications, the industry is divided
into personal care, medical, packaging paper,
construction, and wood, among others. Packaging
paper led the application segment in 2014, with
the highest share (in terms of volume) of over
37. Application of bioadhesives in food
beverages packaging will drive this segment till
2024. Bioadhesives are mostly used in industries,
such as printed sheets lamination, cigarettes
filters, specialty packaging, and flexible
packaging. These adhesives should necessarily
exhibit high elasticity, durability, and
eco-friendliness. Also, they need to be
renewable, biodegradable, and safe enough to be
used in food packaging. Construction was the
second largest application in 2014 and is likely
to exhibit considerable growth till 2024. This
application uses bioadhesives for wall lamination
and residential roofing. Medical applications
held nearly 10 shares in 2014. They would grow
at over 13 CAGR during the forecast period. The
adhesive is used extensively in applications,
such as transdermal drug delivery, dressing
wounds, skin-bonded monitoring devices, and
surgeries. These natural adhesives possess
biocompatible properties that make them ideal for
uses involving skin and body tissues. Regions
are segmented into Europe, North America, Central
South America (CSA), and the Middle East
Africa (MEA). Europe accounted for the highest
market demand in 2014 and will continue to
dominate the market till 2024. Strict
governmental regulations about the use of
bio-based ingredients will play a significant
role in driving demand. North AweriÐa held the
seÐoYd highest share after Europe, iY the glodal
warket iY ???4. The regioYs favoradle
performance can be attributed to the growth of
packaging paper and construction industries.
Also, awareness about and demand for environment
friendly, natural, and bio-safe products can
increase the demand for bioadhesives. The global
bioadhesives market is highly competitive one.
Its leading manufacturers are Ecosynthetix
Incorporated, SCION, and Cryolife Incorporated.
Together they account for around 70 of the total
market shares. Ecosynthetix dominates the market
with a large margin. Browse Related Category
Market Reports _at_ https//www.hexaresearch.com/rese
arch-category/renewable- chemicals-industry
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• Your Catalyst To a Lucrative Business
• Table of Content of Bioadhesives Market
• Methodology Scope
• Research Methodology
• Initial data exploration
• Statistical modeling and forecast
• Industry insights and validation
• Research Scope Assumptions
• List of Data Sources
• 2. Executive Summary
• 2.1 Industry Summary of Bioadhesives Market
• Industry Outlook
• Bioadhesives Market Segmentation
• Bioadhesives Market Size and Growth Prospects
• Bioadhesives Market Dynamics
• Key Opportunities Prioritized

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• Your Catalyst To a Lucrative Business
• Revenue Analysis
• Product Benchmarking
• Strategic Initiatives
• SCION
• Company Overview
• Revenue Analysis
• Product Benchmarking
• Strategic Initiatives
• Cryolife Incorporated
• Company Overview
• Revenue Analysis
• Product Benchmarking
• Strategic Initiatives

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