Global Bioadhesives market outlook 2024, Forecast To 2033
25 Jan, 2024
The bioadhesives market has grown rapidly, increasing from $5.04 billion in 2023 to $5.62 billion in 2024 at a CAGR of 11.6%. The growth in the historic period is attributed to increased environmental awareness, stringent regulations, rising demand for biodegradable products, health and safety considerations, and the rise in pharmaceutical and medical industries. Looking towards 2028, the market is expected to reach $8.58 billion at a CAGR of 11.2%. The forecasted growth is driven by increasing investment in renewable resources, expansion of the packaging sector, the rising construction industry, and economic growth. Major trends in the forecast period include natural and bioengineered polymers, integration of 3D printing, nano-bioadhesives development, and partnership and collaboration.
Global Bioadhesives Market Key Driver
Governmental regulations aimed at controlling environmental pollution are playing a significant role in the growth of the bioadhesives market. In March 2022, the UK government set ambitious goals, including reducing fine particulate matter levels by 2040. These regulations have led to an increased demand for bio-based materials, such as bioadhesives, as an environmentally friendly alternative. Hence, governmental regulations and policies targeting environmental pollution are expected to propel the bioadhesives market growth in 2023, 2024, and beyond.
Get A Free Sample Of The Global Bioadhesives Market ReportGlobal Bioadhesives Market Segments
The global bioadhesives market covered in this report is segmented –
1) By Type: Plant-Based, Animal-Based
2) By Production Methods: Direct Chemical Synthesis, Bacteria And Yeast Fermentation, Natural Organisms Farming
3) By Industry: Packaging Industries, Paper And Pulp Industries, Construction Industry, Personal Care, Healthcare, Other Industries
By Geography: The regions covered in the Bioadhesives market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa.
Major Bioadhesives Industry Players
Arkema S.A., Ashland Global Specialty Chemicals Inc., Beardow Adams, Bemis Associates Inc., Bioadhesive Alliance Inc., Camurus, Cryolife Inc., DuPont de Nemours Inc., EcoSynthetix Inc., Follmann GmbH & Co. KG, Kollodis BioSciences Inc., Tate & Lyle PLC, Yparex B.V., 3M company, Adheso Medical, Grunenthal, Advanced Medical Solutions Group plc, Aesculap Inc., Arch Therapeutics Inc., B. Braun Melsungen AG, Baxter International, Beiersdorf AG, Bioelettronica, Boston Scientific Corporation, Becton, Dickinson and Company, Chemence Medical Inc., Chen Mede company, Cohera Medical Inc., Corning Inc., EPIEN Medical Inc., Gelest Inc., Hemostasis LLC, Johnson & Johnson, Marine Polymer Technologies, Medline Industries Inc.
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Bioadhesives Market Overview
Bioadhesives are natural polymers that are derived from bio-based raw materials to bond two surfaces together. It refers to the phenomenon in which synthetic and natural materials adhere to biological surfaces. The bioadhesives are used as adhesive materials for artificial applications. Bioadhesives are cheaper and easier to manufacture, and they have the potential to replace synthetic adhesives.
Bioadhesives Global Market Report 2023 provides data on the global bioadhesives market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The bioadhesives market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.