Stringent Regulatory & Ecofriendly Properties Driving Demand for Bioadhesives Market to $16B by 2029

By: Industry Experts, Inc
LOS ANGELES - June 13, 2023 - PRLog -- Industry Experts, Inc. unveiled the new market research report "Global Bioadhesives Market – Types and Applications". Analysts at Industry Experts forecast that the global market for Bioadhesives is projected to reach US$15.7 billion by 2029 at a CAGR of 10.5% between 2022 and 2029.

The demand for Bioadhesives has been growing significantly, owing primarily to the fact of their natural origin, and also because of their range of applications as substitutes to regular synthetic adhesives. Regulatory agencies across the globe have mandated strict rules against the uncontrolled use of petroleum-derived products because of serious ecological consequences. Hence, there has been a manifest shift towards using natural resources as materials in a variety of application areas, to which end Bioadhesives are also a part.

Despite being used for centuries as general-purpose adhesives by various cultures and civilizations, the importance of Bioadhesives as an effective and eco-friendly alternative to petroleum-derived adhesives has been realized over the past few decades.

Paper & Packaging applications dominate the global demand for Bioadhesives which is accounted estimated share of 45.3% in 2022 and is projected to reach US$7.8 billion by 2029. Overall, it can be said that the market for Bioadhesives will maintain a steady growth over the 2022-2029 analysis period because of a range of factors in favor of these innovative materials.

The report studies the market for Bioadhesives product types including Animal-Based Bioadhesives and Plant-Based Bioadhesives. The study also explores the market for Bioadhesives applications comprising Construction, Medical & Healthcare, Paper & Packaging, Personal Care Products, Woodworking and Others.

This report reviews, analyzes and projects the Bioadhesives market for global and the regional markets including North America, Europe, Asia-Pacific and Rest of World for the period 2020-2029 in terms of value in USD. These regional markets further analyzed for 11 independent countries across North America – The United States, Canada and Mexico; Europe – France, Germany, Italy and the United Kingdom; Asia-Pacific – China, India, Japan and South Korea.

This 212 page global Bioadhesives market report includes 117 charts (includes a data table and graphical representation for each table), supported with a meaningful and easy to understand graphical presentation of the market. This report comprises brief business profiles of 16 key global players and also provides a listing of the companies engaged in the manufacturing and supply of Bioadhesives. The global list of companies covers addresses, contact numbers and the website addresses of 60 companies.

California, USA based Industry Experts, Inc. is a multi-industry focused market research provider.

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