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Bioadhesives are naturally occurring polymeric materials with adhesive properties. It is often used to describe a glue formed synthetically from biological intermediates which could consist of a variety of substances including proteins such as gelatin, cellulose, and starch. Bioadhesives materials have the property to build durable interface between two classes of materials such as hard and soft materials, which are of disparate scale and exhibit certain characteristic which makes them different from synthetic adhesives. Many of these general purpose waterborne adhesives have been known for a long time and have overall inferior adhesive properties. Examples include furniture, packaging and textile applications.
The global bioadhesives market is growing mainly due to the development of techniques and knowledge. Furthermore, growth of biotechnology and innovations by companies coupled with numerous regulations & policies against the usage of petrochemical-based adhesives are also some of the factors driving the global bioadhesives market. However, limited performance capabilities as compared to conventional adhesives is one of the major factor hampering the bioadhesive market growth globally. Besides, growing demand for environmentally-friendly products is one of the
Geographically, the global bioadhesives market is diversified into North America, Europe, Asia-Pacific and rest of the world. The Asia Pacific region is anticipated to grow at a fastest CAGR during the forecast period, due to the growing consciousness regarding health-related issues. Furthermore, Research & Development in the medical industry has increased significantly in the recent years in APAC region is expected to propel the demand for bioadhesives in Asia-Pacific region.
The key companies operating in the market are Jowat SE, Ingredion Incorporated, Henkel AG & Company, KGaA, Ecosynthetix Inc., Dupont De Nemours, Inc, Danimer Scientific LLC, Cryolife Inc., C.B. Adhesives Ltd, Beardow Adams Group, Avebe U.A., Ashland Global Holdings Inc., Arkema S.A. and Kollodis Biosciences, Inc.. New product launches, mergers & acquisitions are the key strategies adopted by market players to ensure their growth in the market.
Global bioadhesives market is classified into type, application and geography. Various types of bioadhesives studied in the report are Plant Based (Lignin, Soybean and Others) and Animal Based (Blood, Collagen, Fibrin, Fish and Others). Furthermore, bioadhesives are used in major applications such as construction, medical, paper & packaging, personal care, woodworking and others.
Geographically, the global bioadhesives market is diversified into North America, Europe, Asia-Pacific and rest of the world. The Asia Pacific region is anticipated to grow at a fastest CAGR during the forecast period, due to the growing consciousness regarding health-related issues. Furthermore, Research & Development in the medical industry has increased significantly in the recent years in APAC region is expected to propel the demand for bioadhesives in Asia-Pacific region.
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