Global Bio-Adhesives Market Revenue is Forecasted to Reach USD 7 Billion by 2022: Ken Research

GURUGRAM, India, May 17, 2018 /PRNewswire/ --

• The demand for bio-adhesives is expected to arise primarily from sales in the medical and packaging market
• Increased demand for engineered wood, plyboards and similar products will be the key driver for demand of biobased adhesive and binder demand. Strict norms for formaldehyde emission will further boost the demand.

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. It was mainly driven by demand for medical adhesives used in surgery and rising demand in packaging and engineered wood industry. Cryolife, Baxter, Ethicon, Henkel are some major bio-adhesive manufacturers in medical segment. Ecosynthetix, Dow, Ingredion, Danimer Scientific are some major manufacturers in packaging, wood and construction bio-adhesives market. Products are still in the development stage and market is expected to register significant growth in years to come.

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The US was the largest country in the global bio-adhesive market generating majority of the revenue. Demand for medical bio-adhesive was among the highest followed by packaging industry. EMEA was the second largest market with sales from Europe constituting the major part of the revenue in the region. Many major global adhesive companies including Arkema, Mapei, Henkel and others are located in the region.

Demand for medical bio-adhesives contributes the highest revenue in global bio-adhesive market. Surgical bio-adhesives constitute the highest demand and are very popular in the US and Western European countries. Tisseel, Bioglue, and Evicel are some major bio-adhesives used in surgical operations. Paper and packaging products using bio-adhesives were mainly concentrated in the US and European nations. Natural ingredients include animal and vegetable derived materials like starch form the major portion of the demand.

Ken Research in their latest publication "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)"observed that plant based proteins are expected to gain increased dominance in terms of development of bio-adhesives as they are more easily and abundantly available. 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 high growth potential. Use of bio-adhesives in packaging industry is expected to gain momentum as adhesives are developed for use in flexible packaging.

Key Topics Covered in the Report 

• Global Bio-Adhesive Market Size, 2012-2017
  • Global Bio Adhesive Market Segmentation, 2017
    • By Region (US, Europe, APAC, North America - Canada, Mexico and ROW), 2017
    • By Type (Hyaluronic Based, Synthetic Adhesive, Fibrin based Mixed Polymer, Copolymer and Other Bioadhesives), 2017
    • By Application (Medical, Packaging and Construction, Wood work, and Personal Care), 2017
    • By Medical Industry (Hospitals, Speciality Clinics and Ambulatory Surgery Centres), 2017
  • Technology Application in Bio Adhesive (Fibrin, Gelatin, Polyethylene, Glycol, Soy Based Adhesive, Chitosan Base, Albumin and Glutaraldehyde Tissue Adhesive)
• Issues and Challenges in Global Bio Adhesive Market, 2017
  • Poor Availability of Raw Material
  • Final Adhesive Strength
  • High Cost of Bio Adhesives
  • Lower Investment in R&D and Lack of Initiative
• Growth Drivers in Global Bio Adhesive Market, 2017
  • Focus on Using Sustainable Material
  • Eye Catching Packaging for Consumer Goods
  • Improvement in Health care and Surgery Techniques
  • Development of Technology in Animal/Plant Based Adhesives
  • Developments in Bio-adhesives
• Competition Scenario - (Medical, Packaging and Wood work, Personal care and Construction)
• Competitive Landscape of Major Players
  • Eco Synthetix
  • Cryolife
  • Ingredion
  • HB Fuller
  • Henkel
  • Snapshot of Companies (Scion, Baxter, Yparex, Histogenic Corporation, Ashland, Camurus, Juniper, Ethicon, Grain Processing Corporation, Neomed, Bioadhesive alliance, BioEco, Mallinckrodt Pharmaceuticals)
  • Product Matrix of Major Bioadhesives
• Snapshot on the US Bioadhesive Market
• Snapshot on India Bioadhesive Market
• Key Regulations and Standards Governing Bio-adhesive
• Future Outlook to Global Bio-Adhesive Market, 2017-2022
  • By Revenue, 2017-2022
  • By Region (US, Asia Pacific, Europe, North America- Mexico and Canada and ROW), 2022
  • By Application (Medical, Packaging and Construction, Woodwork and Personal Care), 2017-2022
  • By Type (Hyaluronic Based, Synthetic Adhesive, Fibrin based Mixed Polymer, Copolymer and Other Bioadhesives), 2017-2022
• Analyst Recommendation

For more information on the research report, refer to below link:

https://www.kenresearch.com/metal-mining-and-chemicals/chemicals/global-bioadhesive-market/146657-101.html

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