Bioadhesives Market Till 2035: by Type of Source, Areas of Application, Type of End Users, Company Size and Key Geographical Regions: Industry Trends and Global Forecasts

The global bioadhesives market size is estimated to grow from USD 6.02 billion in the current year to USD 15 billion by 2035, at a CAGR of 8.65% during the forecast period, till 2035.

Bioadhesives are adhesives obtained from renewable biological sources, which encompass both plants and animals. They employ biological intermediates like starch, cellulose, and gelatin in their manufacturing process. The use of bioadhesives is growing, especially in areas like flexible packaging, specialty packaging, printed sheet lamination, and cigarette filters. As the demand for eco-friendly products among consumers increases, manufacturers are putting more emphasis on creating bio-based alternatives. This movement towards sustainable packaging, along with a heightened awareness of bioadhesives in the packaging industry, is anticipated to propel market expansion.

The market for bioadhesives has experienced significant growth in recent years and is expected to maintain this upward trend. Their attractiveness as sustainable adhesive solutions in comparison to synthetic adhesives is largely due to their biodegradable characteristics and reduced environmental footprint. A key driver of the global bioadhesive market is the growing demand for eco-conscious adhesive products across various industries, including packaging, construction, healthcare, and automotive. As a result, owing to the above mentioned factors, the bioadhesives market is expected to grow significantly during the forecast period.

Bioadhesives Market: Key Segments

Market Share by Type of Source

Based on type of source, the global bioadhesives market is segmented into animal-based and plant-based. According to our estimates, currently, the plant-based adhesives segment captures the majority of the market share. This is due to their extensive use, as they are free from petrochemicals and have very low emissions of formaldehyde. The rising emphasis on sustainable options and the increasing demand for eco-friendly adhesives have further contributed to the growth of the plant-based segment.

However, the animal-based segment is expected to grow at a higher CAGR throughout the forecast period. This increase is linked to its more limited applications in comparison to the plant-based adhesives. These adhesives find use in specific areas such as wound care and tissue engineering within the healthcare industry.

Market Share by Areas of Application

Based on areas of application, the global bioadhesives market is segmented into boxes and cartons, cigarettes & filters, cosmetics, foil laminates, flooring, labels & envelopes, wood works and others. According to our estimates, currently, the boxes and cartons segment captures the majority of the market share. This growth can be linked to the increasing demand for eco-friendly packaging solutions.

On the other hand, the cigarettes & filters segment is expected to grow at a higher CAGR throughout the forecast period, driven by the rising inclination towards bio-based materials in tobacco products in response to regulatory pressures and consumer preferences for sustainable options.

Market Share by Type of End User

Based on type of end user, the global bioadhesives market is segmented into construction, healthcare, paper & packaging, personal care & cosmetics and wood industry. According to our estimates, currently, the paper & packaging segment captures the majority of the market share. This is due to their extensive application of bioadhesives in areas such as specialty packaging, bags, cartons, filters, flexible packaging, disposables, and laminating printed sheets.

On the other hand, the construction sector is expected to grow at a higher CAGR throughout the forecast period, driven by the prevalent use of bioadhesives in the production of wood composites like particleboard and fiberboard.

Market Share by Company Size

Based on company size, the global bioadhesives market is segmented into large and small and medium enterprise. According to our estimates, currently, the large enterprise segment captures the majority of the market share.

On the other hand, the small and medium-sized enterprises is expected to grow at a higher CAGR throughout the forecast period, driven by their flexibility, innovation, focus on specialized markets, and capability to adjust to evolving customer preferences and market dynamics.

Market Share by Geographical Regions

Based on geographical regions, the bioadhesives market is segmented into North America, Europe, Asia, Latin America, Middle East and North Africa, and the rest of the world. According to our estimates, currently, Europe captures the majority share of the market. This growth can be attributed to the widespread use of bioadhesives in the construction sector, especially in residential and institutional projects. Nations such as Germany are leading the way, capitalizing on their expertise in manufacturing adhesives derived from natural rubber and starch, which are preferred for their ecological advantages and effectiveness in forming strong bonds.

Bioadhesives Market: Research Coverage

The report on the bioadhesives market features insights on various sections, including:

• Market Sizing and Opportunity Analysis: An in-depth analysis of the bioadhesives market, focusing on key market segments, including [A] type of source, [B] areas of application, [C] type of end users, [D] company size and [E] key geographical regions.
• Competitive Landscape: A comprehensive analysis of the companies engaged in the bioadhesives market, based on several relevant parameters, such as [A] year of establishment, [B] company size, [C] location of headquarters and [D] ownership structure.
• Company Profiles: Elaborate profiles of prominent players engaged in the bioadhesives market, providing details on [A] location of headquarters, [B] company size, [C] company mission, [D] company footprint, [E] management team, [F] contact details, [G] financial information, [H] operating business segments, [I] bioadhesives portfolio, [J] moat analysis, [K] recent developments, and an informed future outlook.
• Megatrends: An evaluation of ongoing megatrends in the bioadhesives industry.
• Patent Analysis: An insightful analysis of patents filed / granted in the bioadhesives domain, based on relevant parameters, including [A] type of patent, [B] patent publication year, [C] patent age and [D] leading players.
• Recent Developments: An overview of the recent developments made in the bioadhesives market, along with analysis based on relevant parameters, including [A] year of initiative, [B] type of initiative, [C] geographical distribution and [D] most active players.
• Porter’s Five Forces Analysis: An analysis of five competitive forces prevailing in the bioadhesives market, including threats of new entrants, bargaining power of buyers, bargaining power of suppliers, threats of substitute products and rivalry among existing competitors.
• SWOT Analysis: An insightful SWOT framework, highlighting the strengths, weaknesses, opportunities and threats in the domain. Additionally, it provides Harvey ball analysis, highlighting the relative impact of each SWOT parameter.
• Value Chain Analysis: A comprehensive analysis of the value chain, providing information on the different phases and stakeholders involved in the bioadhesives market.

Key Questions Answered in this Report

• How many companies are currently engaged in bioadhesives market?
• Which are the leading companies in this market?
• What factors are likely to influence the evolution of this market?
• What is the current and future market size?
• What is the CAGR of this market?
• How is the current and future market opportunity likely to be distributed across key market segments?

Reasons to Buy this Report

• The report provides a comprehensive market analysis, offering detailed revenue projections of the overall market and its specific sub-segments. This information is valuable to both established market leaders and emerging entrants.
• Stakeholders can leverage the report to gain a deeper understanding of the competitive dynamics within the market. By analyzing the competitive landscape, businesses can make informed decisions to optimize their market positioning and develop effective go-to-market strategies.
• The report offers stakeholders a comprehensive overview of the market, including key drivers, barriers, opportunities, and challenges. This information empowers stakeholders to stay abreast of market trends and make data-driven decisions to capitalize on growth prospects.

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