Market Overview:
The global biobased adhesives market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for environment-friendly products and the growing awareness about the benefits of using biobased adhesives. The plant-based adhesive segment is expected to dominate the global biobased adhesives market, owing to their properties such as high strength, water resistance, and chemical resistance. The construction application segment is projected to be the fastest-growing application segment during the forecast period.
Product Definition:
A biobased adhesive is an adhesive that is made from natural materials. These adhesives are often used in place of traditional adhesives, which are made from petrochemicals. Biobased adhesives have a number of advantages over traditional adhesives. They are environmentally friendly, because they are made from renewable resources.
Plant Based Adhesives:
Plant based adhesives are a group of synthetic or natural products used to bind two or more substances together. The product is derived from plants and has high demand in the woodworking industry. Plant-based adhesives have been gaining importance on account of their biodegradable nature, which makes them environmentally friendly as well as suitable for food & beverage packaging applications.
Animal Based Adhesives:
Animal-based adhesives (ABAs) are widely used in the woodworking industry. They are also used as binders for biobased polymers such as lactic acid, glycolic acid, and others. The demand for ABAs is expected to grow on account of its increasing application scope in furniture and construction industries along with growing environmental concerns regarding synthetic adhesives that have harmful effects on humans and animals during production & use.
Application Insights:
Packaging and paper was the largest application segment in 2017. Biobased adhesives offer various advantages including biodegradability, eco-friendly production, and sustainability. These products are used for packaging various food & beverages items such as confectionery products, snacks, dairy products along with non-food items such as personal care & cosmetics.
The medical segment is expected to witness the fastest growth over the forecast period owing to increasing demand for bioadhesives in surgical applications such as sutures and staples among others. The wood application segment is also expected to witness significant growth during the forecast period on account of increasing product demand from furniture manufacturing sector globally.
Regional Analysis:
Asia Pacific is expected to be the fastest growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing product demand in packaging and wood applications. The region is witnessing rapid industrialization, which has led to an increase in infrastructure development activities, thereby driving the product demand over the forecast period.
Europe was valued at USD X million in 2017 and is projected to witness significant growth over the coming years on account of rising R&D investments by companies as well as government initiatives for using bio-based products instead of synthetic ones. Moreover, stringent regulations by agencies such as ECHA regarding use of biobased adhesives are likely boost market growth over next eight years.
North America accounted for 24% share in 2017 owing high consumption levels coupled with presence of a large number of industry players operating within U.S.
Growth Factors:
- Increasing demand for biobased adhesives from the automotive and construction industries on account of their superior properties such as high strength, durability, and resistance to degradation.
- Rising awareness about the benefits of using biobased adhesives among consumers due to increasing environmental concerns.
- Technological advancements in adhesive manufacturing that have led to the development of new and improved products with better performance characteristics.
- Growing demand for sustainable adhesive solutions in various end-use applications owing to their eco-friendly nature.
Scope Of The Report
Report Attributes
Report Details
Report Title
Biobased Adhesives Market Research Report
By Type
Plant Based Adhesives, Animal Based Adhesives
By Application
Packaging & Paper, Construction, Wood, Personal Care, Medical, Others
By Companies
3M, Adhesives Research, Arkema, Ashland, Cryolife, DaniMer Scientific, EcoSynthetix, Henkel, Paramelt, Yparex, 3M
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
226
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Biobased Adhesives Market Report Segments:
The global Biobased Adhesives market is segmented on the basis of:
Types
Plant Based Adhesives, Animal Based Adhesives
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Packaging & Paper, Construction, Wood, Personal Care, Medical, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 3M
- Adhesives Research
- Arkema
- Ashland
- Cryolife
- DaniMer Scientific
- EcoSynthetix
- Henkel
- Paramelt
- Yparex
- 3M
Highlights of The Biobased Adhesives Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Plant Based Adhesives
- Animal Based Adhesives
- By Application:
- Packaging & Paper
- Construction
- Wood
- Personal Care
- Medical
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Biobased Adhesives Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Biobased adhesives are a type of adhesive that is made from natural or renewable resources. This includes materials like plant-based oil, starch, and cellulose. These materials can be used to create strong and durable adhesives that are environmentally friendly.
Some of the major companies in the biobased adhesives market are 3M, Adhesives Research, Arkema, Ashland, Cryolife, DaniMer Scientific, EcoSynthetix, Henkel, Paramelt, Yparex, 3M.
The biobased adhesives market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Biobased Adhesives Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Biobased Adhesives Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Biobased Adhesives Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Biobased Adhesives Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Biobased Adhesives Market Size & Forecast, 2020-2028
4.5.1 Biobased Adhesives Market Size and Y-o-Y Growth
4.5.2 Biobased Adhesives Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Plant Based Adhesives
5.2.2 Animal Based Adhesives
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Packaging & Paper
6.2.2 Construction
6.2.3 Wood
6.2.4 Personal Care
6.2.5 Medical
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Biobased Adhesives Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Biobased Adhesives Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Plant Based Adhesives
9.6.2 Animal Based Adhesives
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Packaging & Paper
9.10.2 Construction
9.10.3 Wood
9.10.4 Personal Care
9.10.5 Medical
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Plant Based Adhesives
10.6.2 Animal Based Adhesives
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Packaging & Paper
10.10.2 Construction
10.10.3 Wood
10.10.4 Personal Care
10.10.5 Medical
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Plant Based Adhesives
11.6.2 Animal Based Adhesives
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Packaging & Paper
11.10.2 Construction
11.10.3 Wood
11.10.4 Personal Care
11.10.5 Medical
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Plant Based Adhesives
12.6.2 Animal Based Adhesives
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Packaging & Paper
12.10.2 Construction
12.10.3 Wood
12.10.4 Personal Care
12.10.5 Medical
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Plant Based Adhesives
13.6.2 Animal Based Adhesives
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Packaging & Paper
13.10.2 Construction
13.10.3 Wood
13.10.4 Personal Care
13.10.5 Medical
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Biobased Adhesives Market: Competitive Dashboard
14.2 Global Biobased Adhesives Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 3M
14.3.2 Adhesives Research
14.3.3 Arkema
14.3.4 Ashland
14.3.5 Cryolife
14.3.6 DaniMer Scientific
14.3.7 EcoSynthetix
14.3.8 Henkel
14.3.9 Paramelt
14.3.10 Yparex
14.3.11 3M
