The global Bioadhesives Market is predicted to rise from $ 5.6 billion in 2020 to $ 9.1 billion by 2025, at a compound annual rate of 10.5%, throughout the foreseen period from 2020 to 2025.
Bioadhesives are a kind of polymers that have the capacity to stick to biological tissue over a long interval of time. Factors affecting the mucin layer of mucous tissue are molecular weight, the flexibility of the polymer chain, swelling, applied force, medical condition, etc. They are natural or synthetic polymers. Natural bioadhesives involve the use of microorganisms such as bacteria, fungi, algae, and others. Synthetic polymers are made from biological monomers like sugars. Shellac is an example of a bioadhesive used in practice.
The growth of the application industries, such as paper and packaging, construction, carpentry, and medicine, is driving the global bioadhesives market. Bioadhesives are natural polymers or polymeric materials that act as adhesives. Some of the bioadhesives can work in wet or underwater habitat, while others can only work with less surface energy.
Recent Developments
A team of researchers from Waseda University (Tokyo, Japan), the National Defense Faculty of Medicine (Tokorozawa, Japan) and the Japan Science and Technology Agency (Saitama, Japan) developed a bioadhesive electroluminescent device with wireless power that could improve treating delicate organ cancer.
Henkel, a prominent chemical and consumer goods company in Germany has increased its portfolio with the launch of an adhesive solution called Loctite Liofol LA 2798 for high-performance packaging applications.
Bioadhesives Market Drivers & Restraints in the Bioadhesives Market
Increased consumer awareness of the harmful effects of synthetic materials and their preference for natural products has led to an increase in demand for bioadhesives. Also, strict government regulations for the protection of the environment and the encouraged use of products of biological origin have facilitated the growth of the market. This has also led manufacturers to bring advanced bioadhesive materials to the market. The growth of end-use industries, research and development, and increased investment are some of the other factors driving growth in the global bioadhesives market. The growing demand in the health sector for biomedical applications stimulates the global bioadhesive market. Also, increasingly stringent environmental regulations and consumer awareness of the harmful effects of synthetic materials are further stimulating the global bioadhesives market.
Furthermore, the trend of manufacturers and people to use bio-based products to keep the environment green or eco-friendly should further stimulate the global bioadhesive market. Governments are developing regulations for the chemical industries to reduce the use of fossil fuels, which is also expected to increase the demand for bio-based adhesives in the world market. The global market for organic adhesives can be considered to have a better growth rate due to the growing demand for organic and bio-based products, as well as new national players and the industrial growth of the end-user industry. The environmental benefits, the increase in the number of end-users, and the improvement of research and development activities can be important parameters for the increase in the consumption of bioadhesives. The industry is expected to put more emphasis on the use of various ecological applications of the bioadhesive, which is expected to significantly increase its consumption in the next five years.
REPORT COVERAGE
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REPORT METRIC |
DETAILS |
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Market Size Available |
2020 – 2025 |
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Base Year |
2019 |
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Forecast Period |
2020 - 2025 |
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CAGR |
10.5% |
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Segments Covered |
By Application, Type and Region |
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Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
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Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
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Market Leaders Profiled |
Henkel AG (Germany), DuPont de Nemours, Inc., (US), Ashland Global Holdings Inc. (US), Arkema S.A., DaniMer Scientific LLC, The Compound Company (Netherlands), Cryolife Inc., (US), Jowat SE (Germany), Kollodis BioSciences, Inc., (US), Tate & Lyle PLC (UK), L.D. Davis Industries, Inc., and Ingredion Incorporated (US) |
Bioadhesives Market Segmentation as per the research report until 2025.
Bioadhesives Market - By Type
The plant-based sector is predicted to account for the bigger portion of the bioadhesives industry share throughout the foreseen period. Biodegradable and biological plant-based renewable resources are being employed as a substitute for petro-based raw materials for the making of adhesives.
Bioadhesives Market - By Application
Medical is predicted to be the quickest-rising application sector of the bioadhesives industry throughout the foreseen period.
Bioadhesives Market – By Region
The Bioadhesives report includes the segmentation of Regions with their respective Countries.
North America Bioadhesives Industry includes US and Canada.
Europe Bioadhesives Industry includes the UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic & Rest of Europe.
Asia Pacific Bioadhesives Industry includes India, China, Japan, South Korea, Australia & New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore & Rest of APAC.
Latin America Bioadhesives Industry includes Brazil, Mexico, Argentina, Chile & Rest of LATAM.
Middle East & Africa Bioadhesives Industry includes KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan, rest of MEA.
Europe dominates the global bioadhesives market due to the high production of related medicines. Most bioadhesive manufacturers are from Europe. These makers transport bioadhesives to different regions, like the regions of North America and the Asia-Pacific. The Americas are the second largest bioadhesives market in the world thanks to government support for research and development and the availability of funds for research. Furthermore, the growing demand for ecological bioadhesives for tissue repair and drug administration promotes the growth of this market in the Americas. The Asia Pacific is the quickest rising bioadhesive industry owing to the availability of quickly advancing health technology, a huge patient population and high healthcare prices. In addition, Asia-Pacific is considered the main importer in Europe, making it a target market. On the other hand, the Middle East and Africa have the smallest share in the global bioadhesives market due to weak government support and a lack of allocation of funds for the health care sector.
Impact of COVID-19 on Bioadhesives Market:
A recent study advised that Covid-19 could have a great effect on firms in the bioadhesives market. An instant CEO survey, conducted by the Confederation of Indian Industries (IIC), indicated that there could be a drop in revenue of more than 10 percent for most companies due to the impact of Covid-19. At least 52 percent of respondents said there would also be job losses. Almost 200 CEOs from all sectors participated in the online survey. The survey also showed that a large majority of companies expect a drop in earnings of more than 5% in the last quarter of 2019-2020 and in the current quarter from April to June.
Key Players listed in the Bioadhesives Market are,
Henkel AG (Germany), DuPont de Nemours, Inc., (US), Ashland Global Holdings Inc. (US), Arkema S.A., DaniMer Scientific LLC, The Compound Company (Netherlands), Cryolife Inc., (US), Jowat SE (Germany), Kollodis BioSciences, Inc., (US), Tate & Lyle PLC (UK), L.D. Davis Industries, Inc., and Ingredion Incorporated (US), are some of the leading players working in the worldwide bioadhesives industry.
1. Introduction
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.1.1 Drivers
4.1.2 Restaints
4.1.3 Opportunities
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.2 Products/Service
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Bioadhesives Market, By Type
6.1.1 Plant Based
6.1.2 Animal Based
6.1.3 Market Size Estimations & Forecasts (2019-2024)
6.1.4 Y-o-Y Growth Rate Analysis
6.1.5 Market Attractiveness Index
6.2 Bioadhesives Market, By Application
6.2.1 Paper and Packaging
6.2.2 Construction
6.2.3 Woodworking
6.2.4 Personal Care
6.2.5 Medical
6.2.6 Market Size Estimations & Forecasts (2019-2024)
6.2.7 Y-o-Y Growth Rate Analysis
6.2.8 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Identity Governance and Administration Market, by Region
7.2 North America - Market Analysis (2018 - 2024)
7.2.1 By Country
7.2.1.1 USA
7.2.1.2 Canada
7.2.2 By Type
7.2.3 By Application
7.3 Europe
7.3.1 By Country
7.3.1.1 UK
7.3.1.2 France
7.3.1.3 Germany
7.3.1.4 Spain
7.3.1.5 Italy
7.3.1.6 Rest of Europe
7.3.2 By Type
7.3.3 By Application
7.4 Asia Pacific
7.4.1 By Country
7.4.1.1 China
7.4.1.2 India
7.4.1.3 Japan
7.4.1.4 South Korea
7.4.1.5 South East Asia
7.4.1.6 Australia & NZ
7.4.1.7 Rest of Asia-Pacific
7.4.2 By Type
7.4.3 By Application
7.5 Latin America
7.5.1 By Country
7.5.1.1 Brazil
7.5.1.2 Argentina
7.5.1.3 Mexico
7.5.1.4 Rest of Latin America
7.5.2 By Type
7.5.3 By Application
7.6 Middle East and Africa
7.6.1 By Country
7.6.1.1 Middle East
7.6.1.2 Africa
7.6.2 By Type
7.6.3 By Application
8. Key Player Analysis
8.1 Henkel AG
8.1.1 Business Description
8.1.2 Products/Service
8.1.3 Financials
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 DuPont de Nemours, Inc
8.3 Ashland Global Holdings Inc
8.4 Arkema S.A
8.5 DaniMer Scientific LLC
8.6 Cryolife Inc
8.7 Tate & Lyle PLC
8.8 Ingredion Incorporated
8.9 Jowat SE
8.10 Kollodis BioSciences, Inc
9. Market Outlook & Investment Opportunities
Appendix
List of Tables
List of Figures
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
The segment-level analysis in terms of By Component, By Application, and along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographics, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
A comprehensive list of key market players along with with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
Global Bioadhesives Market By Region, From 2020-2025 ( USD Billion )
Global Bioadhesives Market By Type, From 2020-2025 ( USD Billion )
Global Plant Based Market By Region, From 2020-2025 ( USD Billion )
Global Animal Based Market By Region, From 2020-2025 ( USD Billion )
Global Bioadhesives Market By Application, From 2020-2025 ( USD Billion )
Global Paper and Packaging Market By Region, From 2020-2025 ( USD Billion )
Global Construction Market By Region, From 2020-2025 ( USD Billion )
Global Woodworking Market By Region, From 2020-2025 ( USD Billion )
Global Personal Care Market By Region, From 2020-2025 ( USD Billion )
Global Medical Market By Region, From 2020-2025 ( USD Billion )
