Global Bioadhesive Market 2021-2025
Technavio has been monitoring the bioadhesive market and it is poised to grow by $ 1.56 bn during 2021-2025 progressing at a CAGR of 13% during the forecast period. Our report on bioadhesive market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing demand for bio-based hot-melt adhesives in APAC and growth in preference for sustainable packaging. In addition, increasing demand for bio-based hot-melt adhesives in APAC is anticipated to boost the growth of the market as well.
The bioadhesive market analysis includes product segment and geographical landscapes.
Technavio's bioadhesive market is segmented as below:
- By Product
- Plant-based adhesives
- Animal-based adhesives
- By Geography
- North America
- South America
This study identifies the favorable government policies as one of the prime reasons driving the bioadhesive market growth during the next few years.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on bioadhesive market covers the following areas:
- Bioadhesive market sizing
- Bioadhesive market forecast
- Bioadhesive market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading bioadhesive market vendors that include 3M Co., Arkema SA, Beardow & Adams (Adhesives) Ltd., Bio Adhesive Alliance Inc., Cargill Inc., CoÃ¶peratie AVEBE UA, Danimer Scientific, Henkel AG & Co. KGaA, Ingredion Inc., and LD Davis Industries Inc.. Also, the bioadhesive market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.