Global Bio-adhesive Market is Expected to Reach Around USD 7 Billion by 2022: Ken Research

Global Bio-adhesive by region (US, Europe, Asia Pacific, North America Other than the US, and ROW), by Application (Medical, Packaging, Wood, Construction, and Personal care), by Type (Hyaluronic, Synthetic, Fibrin, Copolymer, mixed polymers and Other bioadhesives), by technology (Fibrin, Gelatin, Polyethylene, Glycol, Soy Based Adhesive, Chitosan Base, Albumin and Glutaraldehyde Tissue Adhesive) and Company profile of major companies (Ashland, Baxter, Bioadhesive alliance, BioEco, Camurus (Episil), Cryolife, Ecosynthetix, Ethicon, Grain Processing Corporation, H.B. Fuller, Henkel, Histogenic Corporation, Ingredion, Juniper, Mallinckrodt Pharmaceuticals, Neomed, Scion, Yparex)

• R&D in mussel foot protein based adhesive in expected to commercialize in the near future which will have significant impact in paint and protection methodology of marine vessels.
• Rising number of aortic surgeries to save life from heart and other ailments is expected to rise in future creating significant demand for high value bio-adhesives used in surgical procedures.
• Strict norms limiting the formaldehyde emission from engineered wood is expected to boost the market as demand for engineered woods increase across the globe.

Demand for bio-adhesives will be largely driven by use in surgical procedures and application in medical industry. Use of bio-adhesives in packaging industry is largely limited to corrugated board industry and the trend is expected to continue in the future. Many new products from leading bio based product manufacturers such as Ecosynthetix and Scion are expected to reach commercial scale of application in packaging and wood binding industry. As more people start using packaged food item, the demand for bio-based packaging adhesive will rise. Increased demand for packaged products in emerging and highly populated countries will be other key drivers that may drive the market in future. It is expected that over a period of time use of bio-adhesives for packaging and wood work will exceed the demand from medical industry.

Analysts at 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)” believe that promoting better regulations, providing more grants to research institutes, involving participation of research based data on negative impacts of synthetic adhesives while formulating laws and ensuring strict implementation of rules will aid the bio-adhesives market. R&D in conserving the nature and ensuring that normal demand for food and natural products are not impacted by using the product for manufacturing adhesive will have positive impact on market.

Global Bio-adhesive market is expected to register positive CAGR of around 20% during the period 2017-2022. Commitment to promote the use of sustainable adhesives, transparent pricing and technological knowhow along with improving market awareness about availability of bio-adhesive products are expected to have positive impact on the demand.

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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Focus on exports and product innovation, continuous efforts of the government to stir demand will push the industry towards the stage of inclination. High volatility in the prices of raw-materials for adhesives will act as major restraining factor

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