Bio Adhesive Market Concepts and Applications 2018 | Global Industries - Bioadhesive Alliance, Camurus, Henkel Corporation, Ashland, 3M Company, Adhesives Research, Yparex B.V., EcoSynthetix, Adhbio

Market Overview

Bioadhesive polymers are synthetic or natural polymer used to adhere two surfaces. The raw material sources available for Bioadhesives can be plant based or animal based. Plant-based raw material source include corn, maize, sugar, starch, and others. The ease of availability and cost-efficiency of these sources make them a leading segment in the Bioadhesives Market. Animal-based raw material sources have a low shelf life as compared to the plant-based raw material, and thus the former are less likely to be used. The various application of Bioadhesives includes packaging & paper, construction, wood, personal care, medicine, and others. These adhesives are widely consumed in paper & packaging industry in making printed sheet lamination, flexible packaging, and specialty packaging. The increasing demand from food packaging industry is expected to fuel the market growth over the forecast period. The construction sector is the second largest segment on account of the extensive use of Bioadhesives in pipes, cladding panels, waste management systems, and pavements. Bioadhesives are biocompatible in nature and thus can be easily used on living tissues which is likely to increase the use of Bioadhesives in medicine & pharmaceuticals and personal care industry. The high demand for suture-free and minimal invasive surgeries across the globe is driving the Bioadhesives demand. Furthermore, the increasing health & skin concerns along with the high disposable income is expected to drive the market growth over the assessment period.

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Market Segmentation

The Global Bioadhesives Market is segmented by Raw Material Source and Application.

On the Basis of the Raw Material Source, the Global Bioadhesives Market is segmented as plant based and animal based. The plant-based segment is further sub-segmented into corn, maize, sugar, and starch.

The global market is segmented on the basis of the application into packaging & paper, construction, wood, personal care, medical, and others.

Regional Analysis

The Global Bioadhesives Market is segmented into five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.

North America accounts for the largest market share owing to the high demand for Bioadhesives from various end-user applications such as packaging & paper, construction, and medical coupled with favorable regulations in the region.

Europe is substantially growing on account of the stringent regulation on the use of petroleum-based products and the growing healthcare sector in the region.

Asia Pacific region is growing at a considerable rate due to the fast-paced industrialization and urbanization in the region.

Latin America and the Middle East & Africa region are expected to witness a significant growth on the backdrop of high demand for Bioadhesives from the construction sector.

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