Market Overview:
The global eco-friendly adhesive market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing awareness about the benefits of using eco-friendly adhesives, rising demand for sustainable packaging, and growing concerns about environmental pollution. The global eco-friendly adhesive market is segmented on the basis of type into compostable adhesives, biodegradable adhesives, recyclable adhesives, and other types. The compostable adhesive segment is expected to grow at a CAGR of 7.8% during the forecast period from 2018 to 2030. This growth can be attributed to the increasing demand for sustainable packaging solutions and rising concerns about environmental pollution. On the basis of application, the global eco-friendly adhesive market is segmented into packaging applications, medical applications, agricultural applications, and other applications.
Product Definition:
Eco-friendly Adhesive is adhesive that does not contain harmful chemicals and does not release pollutants into the air. It is an environmentally friendly alternative to traditional adhesives.
Compostable Adhesives:
Compostable adhesives are synthetic or natural products that are made from plant-based raw materials such as starch, cellulose, lignin and others. These materials do not harm the environment when they get disposed of in a compost bin. Compostable adhesives have been gaining importance on account of their eco-friendly nature which helps to reduce greenhouse emissions and also because these products can be used for longer periods with less maintenance.
Biodegradable Adhesives:
Biodegradable adhesives are also known as green or eco-friendly adhesives. These products are manufactured from renewable plant-based raw materials such as starch, cellulose, and lignin. Biodegradable adhesives offer several advantages over conventional synthetic or petroleum based products including lower VOC content and higher biocompatibility.
Application Insights:
The packaging application segment led the global eco-friendly adhesive market in 2017 and is projected to witness significant growth over the forecast period. The rising demand for sustainable packaging solutions across various industries including food, consumer goods, medical and others is expected to drive product demand.
Packaging was followed by construction as the second largest segment in terms of revenue share in 2017. The increasing use of recycled paper tapes and labels coupled with growing environmental concerns regarding plastics used for packaging will have a positive impact on industry growth over the next eight years. In addition, compostable adhesives are preferred for this application due to their ability to degrade within six months under controlled environment conditions while biodegradable adhesives take longer duration (one year or more) before they can be decomposed into harmless products such as carbon dioxide & water vapor.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing population in the region. The growing number of manufacturing industries, coupled with rising foreign investments, is likely to drive product demand over the forecast period. China led global adhesives industry owing high consumption volume along with low cost structure associated with it’s production.
North America was valued at USD X million in 2017 and is projected to witness moderate growth over the forecast period on account of stringent government regulations regarding use of synthetic polymers for packaging purposes coupled with consumer awareness towards eco-friendly products for daily usage such as household furniture or automobile body parts etcetera.
Growth Factors:
- Increasing awareness about the benefits of eco-friendly adhesive among consumers
- Rising demand for green and sustainable construction products
- Proliferation of online retail platforms that offer eco-friendly adhesive products
- Growing popularity of do-it-yourself (DIY) projects among consumers
- Stringent environmental regulations governing the use of adhesives
Scope Of The Report
Report Attributes
Report Details
Report Title
Eco-friendly Adhesive Market Research Report
By Type
Compostable Adhesives, Biodegradable Adhesives, Recyclable Adhesives, Other
By Application
Packaging, Medical, Agriculture, Other
By Companies
BASF, NatureWorks, TOYOCHEM, Novamont, tesa SE, BC Adhesives, Beardow Adams, ecoenclose
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
152
Number of Tables & Figures
107
Customization Available
Yes, the report can be customized as per your need.
Global Eco-friendly Adhesive Market Report Segments:
The global Eco-friendly Adhesive market is segmented on the basis of:
Types
Compostable Adhesives, Biodegradable Adhesives, Recyclable Adhesives, Other
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, Medical, Agriculture, Other
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:
- BASF
- NatureWorks
- TOYOCHEM
- Novamont
- tesa SE
- BC Adhesives
- Beardow Adams
- ecoenclose
Highlights of The Eco-friendly Adhesive 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:
- Compostable Adhesives
- Biodegradable Adhesives
- Recyclable Adhesives
- Other
- By Application:
- Packaging
- Medical
- Agriculture
- Other
- 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 Eco-friendly Adhesive 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?
Eco-friendly adhesive is a type of adhesive that does not release harmful chemicals when it is used.
Some of the major companies in the eco-friendly adhesive market are BASF, NatureWorks, TOYOCHEM, Novamont, tesa SE, BC Adhesives, Beardow Adams, ecoenclose.
The eco-friendly adhesive market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Eco-friendly Adhesive 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 Eco-friendly Adhesive Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Eco-friendly Adhesive 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 Eco-friendly Adhesive 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 Eco-friendly Adhesive Market Size & Forecast, 2020-2028
4.5.1 Eco-friendly Adhesive Market Size and Y-o-Y Growth
4.5.2 Eco-friendly Adhesive 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 Compostable Adhesives
5.2.2 Biodegradable Adhesives
5.2.3 Recyclable Adhesives
5.2.4 Other
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
6.2.2 Medical
6.2.3 Agriculture
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Eco-friendly Adhesive 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 Eco-friendly Adhesive 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 Compostable Adhesives
9.6.2 Biodegradable Adhesives
9.6.3 Recyclable Adhesives
9.6.4 Other
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
9.10.2 Medical
9.10.3 Agriculture
9.10.4 Other
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 Compostable Adhesives
10.6.2 Biodegradable Adhesives
10.6.3 Recyclable Adhesives
10.6.4 Other
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
10.10.2 Medical
10.10.3 Agriculture
10.10.4 Other
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 Compostable Adhesives
11.6.2 Biodegradable Adhesives
11.6.3 Recyclable Adhesives
11.6.4 Other
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
11.10.2 Medical
11.10.3 Agriculture
11.10.4 Other
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 Compostable Adhesives
12.6.2 Biodegradable Adhesives
12.6.3 Recyclable Adhesives
12.6.4 Other
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
12.10.2 Medical
12.10.3 Agriculture
12.10.4 Other
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 Compostable Adhesives
13.6.2 Biodegradable Adhesives
13.6.3 Recyclable Adhesives
13.6.4 Other
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
13.10.2 Medical
13.10.3 Agriculture
13.10.4 Other
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 Eco-friendly Adhesive Market: Competitive Dashboard
14.2 Global Eco-friendly Adhesive Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 NatureWorks
14.3.3 TOYOCHEM
14.3.4 Novamont
14.3.5 tesa SE
14.3.6 BC Adhesives
14.3.7 Beardow Adams
14.3.8 ecoenclose
