Bioadhesive - Global Market Outlook (2019 -2027)
According to Stratistics MRC, the Global Bioadhesive Market is accounted for $5.16 billion in 2019 and is expected to reach $12.78 billion by 2027 growing at a CAGR of 12.0% during the forecast period. Growing demand from end-use industries and continuous fluctuation in prices of crude oil are some of the factors propelling the growth of the market. However, limited performance capabilities as compared to conventional adhesives are hampering the growth of the market.
Bioadhesives are polymers that can adhere to a biological tissue for an extended period. The factors that affect the mucin layer of a mucosal tissue are molecular weight, the flexibility of polymer chain, applied strength, swelling, disease state, etc. They are either natural or synthetic polymer.
Based on the application, the medical segment is expected to grow at a significant market share during the forecast period due to the growing population and responsiveness regarding benefits from bio-based products. Bioadhesives are well-matched for use in biomedical applications, which involve skin or body tissue. Thus, the growing use of bioadhesives in the medical segment is likely to drive the market in the future.
By geography, Asia Pacific is anticipated to hold considerable market share during the forecast period due to the presence of rapidly developing healthcare technology, huge patient population, and high healthcare expenditure. Moreover, increasing demand for new treatment methods in countries like India, China, and South Korea is likely to emerge as the fastest-growing market across the globe. Furthermore, Asia Pacific is considered the major importer from Europe, which makes them a focused market.
Some of the key players profiled in the Bioadhesive Market include 3M Co., Arkema SA, Beardow & Adams (Adhesives) Ltd., Bio Adhesive Alliance Inc., Cargill Inc., Coöperatie AVEBE UA, Danimer Scientific, Henkel AG & Co. KGaA, Ingredion Inc., LD Davis Industries Inc., The Dow Chemical Company, H.B. Fuller, Ashland Inc., Ecosynthetix Inc., and Paramelt B.V.
Types Covered:
• Animal-Based
• Plant-Based
Extractions Covered:
• Biomimetic Adhesives
• Biocompatible Adhesives
• Biological Adhesives
• Natural Adhesives
Life Cycles Covered:
• Temporary Adhesion
• Permanent Adhesion
Utilities Covered:
• Durability
• Elasticity
• Binding Strength
• Increase Performance
Production Methods Covered:
• Natural Organisms Farming
• Direct Chemical Synthesis
• Bacteria and Yeast Fermentation
Applications Covered:
• Packaging
• Construction (Floors)
• Footwear
• Woodworking
• Personal Care
• Medical
• Paper & Pulp Industries
• Drug Delivery
• Tissue Substitutes
• Tissue Repair
• Labelling
Channels Covered:
• Distributor
• Direct Sales
End Users Covered:
• Hospitals
• Dental Clinic
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
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- Market share assessments for the regional and country-level segments
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- Company profiling with detailed strategies, financials, and recent developments
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