
Bio-based Adhesives Market Size, Share, and Analysis, By Type (Plant Based, and Animal Based), By Raw Materials (Starch, Lignin, Rosin, Soy, and Others), By Application (Construction, Packaging & Paper, Healthcare, and Others), By Region (North America, E
Description
Bio-based Adhesives Market Size, Share, and Analysis, By Type (Plant Based, and Animal Based), By Raw Materials (Starch, Lignin, Rosin, Soy, and Others), By Application (Construction, Packaging & Paper, Healthcare, and Others), By Region (North America, Europe, Asia-Pacific, and Rest of the World), And Regional Forecast 2024-2034
PRODUCT OVERVIEW
Bio-based Adhesives Market is projected to exhibit a Compound Annual Growth Rate (CAGR) of 4.7% during the forecast span from 2024 to 2034. In 2023, the market size was assessed at USD 5 billion and is projected to reach USD 8.3 billion by the completion of 2034.
Bio-based adhesives are a greener alternative to traditional petroleum-based adhesives, derived from sustainable sources such as plants, animals, or microorganisms. These adhesives utilize the bonding properties of materials like starch, proteins, and natural resins, which are modified to create strong bonds once applied and dried or cured. Bio-based adhesives reduce reliance on fossil fuels and decrease the carbon footprint by using sustainable resources, minimizing environmental impact. They also exhibit lower levels of volatile organic compounds and allergens, enhancing health and safety.
MARKET HIGHLIGHTS
Bio-based Adhesives Market is expected to reach USD 8.3 billion during the forecast period. The rising demand for sustainable products is driving this growth, as industries like packaging, automotive, and construction increasingly adopt bio-based adhesives to meet environmental goals. Advancements in adhesive technology are further propelling the market by improving the capabilities and adaptability of bio-based adhesives, making them competitive with conventional adhesives. Additionally, the expanded accessibility and enhancement of raw materials from sustainable sources are fueling market growth.
Bio-based Adhesives Market Segments:
Growth Drivers
Increasing Environmental Concerns are Critical to Boost the Adoption of Bio-Based Adhesives Market
Advancements in Bio-Based Adhesive Technology Will Aid the Market
Restraint
High Costs Can Limit the Growth of the Bio-based Adhesives Market
Key Players
PRODUCT OVERVIEW
Bio-based Adhesives Market is projected to exhibit a Compound Annual Growth Rate (CAGR) of 4.7% during the forecast span from 2024 to 2034. In 2023, the market size was assessed at USD 5 billion and is projected to reach USD 8.3 billion by the completion of 2034.
Bio-based adhesives are a greener alternative to traditional petroleum-based adhesives, derived from sustainable sources such as plants, animals, or microorganisms. These adhesives utilize the bonding properties of materials like starch, proteins, and natural resins, which are modified to create strong bonds once applied and dried or cured. Bio-based adhesives reduce reliance on fossil fuels and decrease the carbon footprint by using sustainable resources, minimizing environmental impact. They also exhibit lower levels of volatile organic compounds and allergens, enhancing health and safety.
MARKET HIGHLIGHTS
Bio-based Adhesives Market is expected to reach USD 8.3 billion during the forecast period. The rising demand for sustainable products is driving this growth, as industries like packaging, automotive, and construction increasingly adopt bio-based adhesives to meet environmental goals. Advancements in adhesive technology are further propelling the market by improving the capabilities and adaptability of bio-based adhesives, making them competitive with conventional adhesives. Additionally, the expanded accessibility and enhancement of raw materials from sustainable sources are fueling market growth.
Bio-based Adhesives Market Segments:
- By Type
- Plant Based
- Animal Based
- By Raw Materials
- Starch
- Lignin
- Rosin
- Soy
- Others
- By Application
- Construction
- Packaging & Paper
- Healthcare
- Others
Growth Drivers
Increasing Environmental Concerns are Critical to Boost the Adoption of Bio-Based Adhesives Market
Advancements in Bio-Based Adhesive Technology Will Aid the Market
Restraint
High Costs Can Limit the Growth of the Bio-based Adhesives Market
Key Players
- 3M Company
- Arkema S.A.
- Dow Inc.
- Ashland Global Holdings Inc.
- Sika AG
- Henkel AG & Co. KGaA
- Jowat SE
- Verdezyne, Inc.
- RPM International Inc.
- Evonik Industries AG
- BASF SE
- Wacker Chemie AG
- Mitsubishi Chemical Holdings Corporation
- UPM-Kymmene Corporation
- H.B. Fuller Company
- Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
- North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
- Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
- Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
- Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
- Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- 3-month post-sales analyst support.
Table of Contents
476 Pages
- 1. Executive Summary
- 1.1. Regional Market Share
- 1.2. Business Trends
- 1.3. Bio-based Adhesives Market: COVID-19 Outbreak
- 1.4. Regional Trends
- 1.5. Segmentation Snapshot
- 2. Research Methodology
- 2.1. Research Objective
- 2.2. Research Approach
- 2.3. Data Sourcing and Methodology
- 2.4. Primary Research
- 2.5. Secondary Research
- 2.5.1. Paid Sources
- 2.5.2. Public Sources
- 2.6. Market Size Estimation and Data Triangulation
- 3. Market Characteristics
- 3.1. Market Definition
- 3.2. Bio-based Adhesives Market: COVID-19 Impact
- 3.3. Key Segmentations
- 3.4. Key Developments
- 3.5. Allied Industry Data
- 4. Bio-based Adhesives Market – Industry Insights
- 4.1. Industry Segmentation
- 4.2. COVID-19 overview of world economy
- 4.3. Industry Ecosystem Channel Analysis
- 4.4. Innovation & Sustainability
- 5. Macroeconomic Indicators
- 6. Recent Developments
- 7. Market Dynamics
- 7.1. Introduction
- 7.2. Growth Drivers
- 7.3. Market Opportunities
- 7.4. Market Restraints
- 7.5. Market Trends
- 8. Risk Analysis
- 9. Market Analysis
- 9.1. Porter's Five Forces
- 9.2. PEST Analysis
- 9.2.1. Political
- 9.2.2. Economic
- 9.2.3. Social
- 9.2.4. Technological
- 10. Bio-based Adhesives Market
- 10.1. Overview
- 10.2. Historical Analysis (2018-2022)
- 10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
- 11. Bio-based Adhesives Market Size & Forecast 2024 A-2034 F
- 11.1. Overview
- 11.2. Key Findings
- 11.3. Market Segmentation
- 11.3.1. By Type
- 11.3.1.1. Plant Based
- 11.3.1.1.1. By Value (USD Million) 2024 A-2034 F
- 11.3.1.1.2. Market Share (%) 2024 A-2034 F
- 11.3.1.1.3. Y-o-Y Growth (%) 2024 A-2034 F
- 11.3.1.2. Animal Based
- 11.3.1.2.1. By Value (USD Million) 2024 A-2034 F
- 11.3.1.2.2. Market Share (%) 2024 A-2034 F
- 11.3.1.2.3. Y-o-Y Growth (%) 2024 A-2034 F
- 11.3.2. By Raw Materials
- 11.3.2.1. Starch
- 11.3.2.1.1. By Value (USD Million) 2024 A-2034 F
- 11.3.2.1.2. Market Share (%) 2024 A-2034 F
- 11.3.2.1.3. Y-o-Y Growth (%) 2024 A-2034 F
- 11.3.2.2. Lignin
- 11.3.2.2.1. By Value (USD Million) 2024 A-2034 F
- 11.3.2.2.2. Market Share (%) 2024 A-2034 F
- 11.3.2.2.3. Y-o-Y Growth (%) 2024 A-2034 F
- 11.3.2.3. Rosin
- 11.3.2.3.1. By Value (USD Million) 2024 A-2034 F
- 11.3.2.3.2. Market Share (%) 2024 A-2034 F
- 11.3.2.3.3. Y-o-Y Growth (%) 2024 A-2034 F
- 11.3.2.4. Soy
- 11.3.2.4.1. By Value (USD Million) 2024 A-2034 F
- 11.3.2.4.2. Market Share (%) 2024 A-2034 F
- 11.3.2.4.3. Y-o-Y Growth (%) 2024 A-2034 F
- 11.3.2.5. Others
- 11.3.2.5.1. By Value (USD Million) 2024 A-2034 F
- 11.3.2.5.2. Market Share (%) 2024 A-2034 F
- 11.3.2.5.3. Y-o-Y Growth (%) 2024 A-2034 F
- 11.3.3. By Application
- 11.3.3.1. Construction
- 11.3.3.1.1. By Value (USD Million) 2024 A-2034 F
- 11.3.3.1.2. Market Share (%) 2024 A-2034 F
- 11.3.3.1.3. Y-o-Y Growth (%) 2024 A-2034 F
- 11.3.3.2. Packaging & Paper
- 11.3.3.2.1. By Value (USD Million) 2024 A-2034 F
- 11.3.3.2.2. Market Share (%) 2024 A-2034 F
- 11.3.3.2.3. Y-o-Y Growth (%) 2024 A-2034 F
- 11.3.3.3. Healthcare
- 11.3.3.3.1. By Value (USD Million) 2024 A-2034 F
- 11.3.3.3.2. Market Share (%) 2024 A-2034 F
- 11.3.3.3.3. Y-o-Y Growth (%) 2024 A-2034 F
- 11.3.3.4. Others
- 11.3.3.4.1. By Value (USD Million) 2024 A-2034 F
- 11.3.3.4.2. Market Share (%) 2024 A-2034 F
- 11.3.3.4.3. Y-o-Y Growth (%) 2024 A-2034 F
- 12. North America Bio-based Adhesives Market Size & Forecast 2024 A-2034 F
- 12.1. Overview
- 12.2. Key Findings
- 12.3. Market Segmentation
- 12.3.1. By Type
- 12.3.2. By Raw Materials
- 12.3.3. By Application
- 12.4. Country
- 12.4.1. United States
- 12.4.2. Canada
- 13. Europe Bio-based Adhesives Market Size & Forecast 2024 A-2034 F
- 13.1. Overview
- 13.2. Key Findings
- 13.3. Market Segmentation
- 13.3.1. By Type
- 13.3.2. By Raw Materials
- 13.3.3. By Application
- 13.4. Country
- 13.4.1. Germany
- 13.4.2. United Kingdom
- 13.4.3. France
- 13.4.4. Italy
- 13.4.5. Spain
- 13.4.6. Russia
- 13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
- 14. Asia-Pacific Bio-based Adhesives Market Size & Forecast 2024 A-2034 F
- 14.1. Overview
- 14.2. Key Findings
- 14.3. Market Segmentation
- 14.3.1. By Type
- 14.3.2. By Raw Materials
- 14.3.3. By Application
- 14.4. Country
- 14.4.1. India
- 14.4.2. China
- 14.4.3. South Korea
- 14.4.4. Japan
- 14.4.5. Rest of APAC
- 15. Middle East and Africa Bio-based Adhesives Market Size & Forecast 2024 A-2034 F
- 15.1. Overview
- 15.2. Key Findings
- 15.3. Market Segmentation
- 15.3.1. By Type
- 15.3.2. By Raw Materials
- 15.3.3. By Application
- 15.4. Country
- 15.4.1. Israel
- 15.4.2. GCC
- 15.4.3. North Africa
- 15.4.4. South Africa
- 15.4.5. Rest of Middle East and Africa
- 16. Latin America Bio-based Adhesives Market Size & Forecast 2024 A-2034 F
- 16.1. Overview
- 16.2. Key Findings
- 16.3. Market Segmentation
- 16.3.1. By Type
- 16.3.2. By Raw Materials
- 16.3.3. By Application
- 16.4. Country
- 16.4.1. Mexico
- 16.4.2. Brazil
- 16.4.3. Rest of Latin America
- 17. Competitive Landscape
- 17.1. Company market share, 2023
- 17.2. Key player overview
- 17.3. Key stakeholders
- 18. Company Profiles
- 18.1.3M Company
- 18.1.1. Company Overview
- 18.1.2. Financial Overview
- 18.1.3. Key Product; Analysis
- 18.1.4. Company Assessment
- 18.1.4.1. Product Portfolio
- 18.1.4.2. Key Clients
- 18.1.4.3. Market Share
- 18.1.4.4. Recent News & Development (Last 3 Yrs.)
- 18.2. Arkema S.A.
- 18.3. Dow Inc
- 18.4. Ashland Global Holdings Inc.
- 18.5. Sika AG
- 18.6. Henkel AG & Co. KGaA
- 18.7. Jowat SE
- 18.8. Verdezyne, Inc.
- 18.9. RPM International Inc.
- 18.10. Evonik Industries AG
- 18.11. BASF SE
- 18.12. Wacker Chemie AG
- 18.13. Mitsubishi Chemical Holdings Corporation
- 18.14. UPM-Kymmene Corporation
- 18.15. H.B. Fuller Company
- 18.16. Other Prominent Players
- 19. Appendix
- 20. Consultant Recommendation
Pricing
Currency Rates
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