Bio-Adhesives Market: Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021
Sarasota, FL -- (SBWIRE) -- 12/11/2017 -- Adhesives are non-metallic materials which are able to join two substrates using adhesion mechanisms. Bio-adhesives are natural polymeric materials. They are derived from the natural substances and exploit strong adhesion and cohesion capabilities. Primarily bio-adhesives are constructed either from plants or animal source. These adhesives consist of starch and gelatin which are derived from the source. It has a broad application set including personal care, furniture, healthcare, paper and pulp and amongst others.
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The global bio-adhesives market is primarily driven by rapidly growing demand for bio-adhesives across the globe due to increasing awareness about bio-based products. Additionally, surging demand for bio-adhesives from healthcare and personal care industries is expected to bolster the demand in near future. Utilization of bio-adhesives in wood and furniture industry is also projected to have a positive impact on the environmental issues. Moreover, the stringent rules and regulations imposed by regulatory bodies and governments are expected to offers novel opportunities in the coming years.
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The global bio-adhesives market is segmented into type, applications, and regions. The market for bio-adhesives is based on both volume (in Kilo Tons) and revenue (USD Million). The report also provides the major driving forces, restraint and the opportunities of the global market. In addition, Porter's Five Forces analysis and value chain analysis provide the reader's the comprehensive view of the entire market.
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Based on the type of bio-adhesives, the market is classified into plant-based adhesives and animal based adhesives. Moreover, different applications of global bio-adhesives market include medical, wood, packaging & paper, construction, personal care and others applications. Based on geography, the global bio-adhesives market is bifurcated into Asia-Pacific, Europe, North America, Latin America and the Middle East & Africa. The countries included in the report are China, India, Japan, U.S., Brazil, UK, France, and Germany.
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Among all regions, Europe and North America was the most attractive market for bio-adhesives in past few years. Europe was the largest market for bio-adhesives in 2015. Moreover, UK was the larger revenue contributor in the region. In future, the European market for bio-adhesives is expected to continue this trend in near future owing to strong demand from bio-medical applications. North America is also projected to witness the remarkable demand for bio-adhesives from furniture and medical sectors. Asia-Pacific is expected to remain one of the fastest growing markets in future years. Latin America, Middle East, and Africa are expected to have exponential growth during the years to come.
Some of the major participants of global bio-adhesives market include Ashland Inc., Henkel Corporation, Adhesives Research, DaniMer Scientific, LLC, 3M Company, EcoSynthetix Inc., The Dow Chemical Company, Yparex B.V. and Bioadhesive Alliance Inc and among others.
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