The bioadhesive market was valued at US$1.274 billion in 2018 and is expected to grow at a CAGR of 12.01% to achieve a market value of US$2.515 billion in 2024. The global bioadhesive market is expected to grow owing to the fluctuating crude oil prices globally. This is due to the fact that crude oil is used as a raw material for the manufacturing of synthetic adhesives, hence the demand for alternatives has increased, fueling the market demand during the forecast period. The increasing applications from healthcare, construction, packaging, and consumer goods are estimated to increase continuously over the forecast period. Also, growing bioadhesive usage in the healthcare and packaging industry will contribute to the bioadhesives market growth over the forecast period.
The bioadhesive Market - Forecasts from 2019 to 2024 is an exhaustive study which aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key market, drivers, restraints, and opportunities in the current market. The report analyzes key opportunity regional markets, and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by source, by industry vertical, and by geography.
The bioadhesive market has been segmented based on source, industry vertical, and geography. On the basis of source, the market is categorized into plant based and animal based. On the basis of industry vertical, the market is segregated into packaging, construction, healthcare, consumer goods, and others.
Regional analysis has been provided with detailed analysis and forecast for the period 2018 to 2024. The global market has been broken down into North America, South America, Europe, Middle East and Africa (MEA), and the Asia Pacific regions. The report also analyzes 16 major countries across these regions with thorough analysis and forecast along with prevailing market trends and opportunities which each of these countries present for the manufacturers.
Major players in the bioadhesive market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the bioadhesive market.
Segmentation:
By Source
- Plant Based
- Animal Based
By Industry Vertical
- Packaging
- Construction
- Healthcare
- Consumer Goods
- Others
By Geography
North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
Europe
- Germany
- France
- United Kingdom
- Spain
- Others
Middle East and Africa
- Saudi Arabia
- Israel
- UAE
- Others
Asia Pacific
- China
- Japan
- South Korea
- India
- Others
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Table of Contents
Companies Mentioned
- Henkel Corporation
- CryoLife, Inc.
- Solenis
- Weiss Chemie + Technik GmbH & Co. KG
- Nectar Laboratories Limited
- Sustainable Adhesive Products Ltd.
Methodology
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