Global Bioadhesives Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027

MarketResearch.biz delivers in-depth insights on the global bioadhesives market in its upcoming report titled, “Global Bioadhesives Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global bioadhesives market is estimated to register a CAGR of XX.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global bioadhesives market report has been segmented on the basis of source, application, and region.

Bioadhesives are type of glues or natural polymeric materials that act as adhesives. These glues are synthetically derived from biological monomers such as sugar or synthetic bonding agents. Bioadhesives materials have properties to build durable interface between two classes of materials such as hard and soft materials

Increasing demand for bioadhesives from healthcare sector for biomedical application is a key factor expected to drive growth of the global market over the forecast period. In addition, stringent governments regulations for chemical industries for reducing usage of non-renewable products and growing awareness of consumers regarding the adverse effects of synthetic materials are other factors expected to fuel growth of the target market. Furthermore, rising industrial and consumer preference towards use of bio-based products to preserve the environment is another factor expected to support growth of this market in the near future.

However, limited shelf life of bioadhesives is a key factor expected to restrain growth of the global market over the forecast period. In addition, some bioadhesives are derived from bio-based raw materials which have weak adhesion properties and low resistance to heat and water. These factors are expected to hamper growth of the target market in the near future.

Ongoing trend observed in the target market is increasing consumer preference towards bio-based products, owing to cost-effectiveness and increasing awareness regarding its benefits.

Technological advancements and increasing investments in R&D activities for product development are expected to create potential revenue opportunities for players operating in the target market. In addition, increasing government regulations regarding impeding usage of bio-based products is expected to provide revenue opportunities for manufacturers to come up with advanced product development.

The market in Europe dominates the target market in terms of revenue over the forecast period, owing to stringent government regulations regarding use of bio-based products or materials in various countries in the region. The market in North America is expected to account for second-highest share in the target market, owing to increasing consumer adoption towards natural products and technological advancements, especially in the US. The market in Asia Pacific is expected to register significant growth in terms of revenue, owing to increasing construction activities in developing counties such as India, and China.

Global bioadhesives market segmentation:

Segmentation by source:

• Plant-based bioadhesive
• Animal-based bioadhesive

Segmentation by application:

• Packaging & paper
• Construction
• Wood
• Personal care
• Medical
• Others

Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa