The report titled “Global Bio-Adhesive Market Outlook to 2022 – by Product (Hyaluronic Based, Fibrin Based, Mixed Polymer, Copolymer, Synthetic Adhesive, Other Bioadhesives) and by Application (Medical, Packaging, Wood, Construction, and Personal care)” covers various aspects including introduction and genesis, Global Bio-adhesive market size by revenue and by region (Americas, EMEA and Asia Pacific), by type (Medical, Packaging, Wood, Construction, and Personal care), major technology (Fibrin, Gelatin, Polyethylene, Glycol, Soy Based Adhesive, Chitosan Base, Albumin and Glutaraldehyde Tissue Adhesive), value chain analysis, Issues and challenges, growth drivers, company profile of major companies (Cryolife, Ecosynthetix, Henkel, Ingredion, and HB Fuller), snapshot on emerging companies in bio-adhesive segment, snapshot on the US and India Bioadhesive market, key standards and future outlook to 2022 along with analyst recommendation.
This report will help the readers to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report is useful for adhesive manufacturing companies, bio adhesive raw material supplier, potential entrants and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future.
Global Bioadhesive Market Overview
Globally the market for sustainable and eco-friendly adhesive is on rise. This factor has given a substantial thrust to the demand for bio-adhesives in the global market. The market for global bio-adhesives has registered a five year double digit CAGR during 2012-2017. It was mainly driven by demand for medical adhesives used in surgery and rising demand in packaging and engineered wood industry. Products are still in the development stage and market is expected to register significant growth in years to come.
Global Bioadhesive Market Segmentation
By Region: US was the largest region in the global bio-adhesive market. Europe was the second largest market with sales from Europe constituting the major part of the revenue in the region. Asia-Pacific generated the third largest revenue from bio-adhesives.
By Application: Surgical bio-adhesives constitute the highest demand and are very popular in the US and Western European countries. Paper and packaging products using bio-adhesives were mainly concentrated in the US and European nations. Other industries such as wood, construction, art and craft and personal care contributed remaining share in the revenue.
By Type: Hyaluronic based bioadhesives and synthetic Bioadhesive commanded the major proportion of market in 2017. It was followed by fibrin based bioadhesives. Other type of bioadhesives contributes the rest.
Snapshot on the US Bioadhesive Market:
The market for bioadhesive in the US is still in development phase as the market is largely catered by unorganized and small players. Bio based adhesives companies are clustered in western and eastern coast which includes several small companies and spin-offs from academic research efforts.
It is expected that market will register constant growth registering a five year CAGR of 20%. Demand is expected to be highest in the US followed by the European countries. Japan, China and India are expected to emerge as new countries with highest growth potential. Demand is expected to rise in engineered wood segment as strict regulations regarding formaldehyde emission comes into play.
Key Topics Covered:
World Bioadhesive Industry
Trends Bioadhesive Market
Natural Adhesive Market Growth
Global Bio-adhesive Market
Asia Pacific Bio-adhesive Market
European Bio-adhesive Market
Medical Bio-adhesive Market
Packaging Bio-adhesive Market
Developments in Bio-adhesive
Standards for Bio-adhesive
Growth drivers for bio-adhesive
Issues and Challenges in Bio-adhesive
Surgical bio-adhesives Market Global
Ingredion bio-adhesive products
Henkel Bio-adhesive products
Ecosynthetix bio-adhesive products
Bioglue a bio-adhesive product
Major bio-adhesive products
Henkel Adhesive Revenue
Value chain in medical bio-adhesive
Hyaluronic based adhesives Market
Fibrin based bioadhesives Market
India Bioadhesive market
US bioadhesive market
Bioadhesive market size
Plant based bioadhesive
Animal based bioadhesive
Technology in Bioadhesive
Developments in Bioadhesives
For more information on the research report, refer to below link:
Taiwan is amongst the one of the most promising and emerging market for adhesives in the world and has experienced a nascent stage of growth
China adhesives market will grow at a considerable CAGR rate thus reaching USD 12.6 billion by 2019 due to influx of foreign capital, ease in procurement of raw material, reduced dependency on imports and supportive governmental policies
Focus on exports and product innovation, continuous efforts of the government to stir demand will push the industry towards the stage of inclination. High volatility in the prices of raw-materials for adhesives will act as major restraining factor
Ankur Gupta, Head Marketing & Communications