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Evolving Market Trends In The Bioadhesives Industry: Strategic Partnerships And Collaborations Drive The Bioadhesives Market
The Bioadhesives Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Expected Bioadhesives Market Size During the Forecast Period?
The size of the bioadhesives market has seen significant expansion in the last few years. It is projected to increase from a value of $5.58 billion in 2024 to $6.21 billion in 2025, marking a compound annual growth rate (CAGR) of 11.2%. The historic phase of growth can be linked to factors such as the surge in environmental consciousness, strict regulatory norms, growing demand for products that can be broken down biologically, concerns over health and safety, and a rise in the pharmaceutical and medical sectors.
The market size of bioadhesives is projected to rapidly expand in the coming years, potentially reaching a worth of $9.67 billion by 2029, maintaining an 11.7% compound annual growth rate (CAGR). This growth throughout the forecast period is speculated to be a consequence of heightened investment in renewable resources, the expanding packaging sector, the surging construction industry, and overall economic growth. Significant trends to note during this period include the use of natural and bioengineered polymers, the incorporation of 3D printing, the development of nano-bioadhesives, and an increase in partnerships and collaborations.
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What Are the High-Growth Segments in the Bioadhesives Market?
The bioadhesives market covered in this report is segmented -
1) By Type: Plant-Based, Animal-Based
2) By Production Methods: Direct Chemical Synthesis, Bacteria And Yeast Fermentation, Natural Organisms Farming
3) By Industry: Packaging Industries, Paper And Pulp Industries, Construction Industry, Personal Care, Healthcare, Other Industries
Subsegments:
1) By Plant-Based Adhesives: Starch-Based Adhesives, Cellulose-Based Adhesives, Soy-Based Adhesives, Lignin-Based Adhesives
2) By Animal-Based Adhesives: Gelatin-Based Adhesives, Casein-Based Adhesives, Collagen-Based Adhesives, Hides and Tallow-Based Adhesives
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What Key Drivers Are Expected to Influence Future Bioadhesives Market Growth?
The implementation of government regulations and policies aimed at curbing environmental pollution is a significant contributor to the expansion of the bioadhesives market. The increasing governmental concern about the negative impacts of pollution on public health and the environment has led to the enforcement of air pollution control regulations, which in turn has escalated the demand for bio-based materials, such as bioadhesives. For example, new targets were introduced by the UK government in March 2022 to be included in the Environment Act 2021. These targets command a legal obligation to lower fine particulate matter (PM2.5) levels to 10 micrograms per cubic meter (g/m3) by the year 2040. The fresh targets also encompass a 35% reduction in population exposure to PM2.5 by 2040, compared to the 2018 figures, addressing areas such as water, air quality, and biodiversity. Hence, the bioadhesives market is forecasted to experience significant growth, driven by government policies and regulations focused on environmental pollution control.
Which Companies Hold the Largest Share Across Different Bioadhesives Market Segments?
Major companies operating in the bioadhesives market include Henkel AG & Co. KGaA, 3M Company, BASF SE, Arkema S.A., Jowat SE, Adhesive Technologies LLC, DuPont de Nemours Inc., Ecological Adhesives LLC, Bioadhesive Alliance Inc., Sappi Limited, Rampf Holding GmbH, Green Dot Bioplastics LLC, NEXUS Adhesives LLC, Cargill Incorporated, Avery Dennison Corporation, Sika AG, Tesa SE, Dow Inc., Ecovative Design LLC, Mapei S.p.A., Techsil Limited, UPM-Kymmene Corporation, Stora Enso Oyj, H.B. Fuller Company, Solvay S.A., Biomass Technologies LLC
What Trends Are Driving Growth in The Bioadhesives Market?
Establishing strategic alliances and undertaking joint ventures have become crucial trends that are taking root in the bioadhesives market. Companies that have a stronghold in the bioadhesives industry are laying emphasis on forming partnerships and collaborations to strengthen their standing. Take for instance, Axio Biosolutions, a medtech firm rooted in India, unveiled the Ax-Surgi Surgical Hemostat in March 2023. This is a non-absorbable medical equipment created to keep a check on intense bleeding during surgical operations and traumatic events. The Hemostat leverages a chitosan-based biopolymer and operates via bioadhesive action, which basically implies that it sticks to the site of bleeding, forming a physical blockade that efficiently halts the blood flow. Ax-Surgi comes in handy for handling acute internal bleeding (Class III and Class IV), alongside surgical and traumatic injuries. Given its recent clearance by the US FDA 510(k), it stands out as the inaugural chitosan-based hemostat to be certified for managing intense surgical bleeding.
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What Are the Emerging Geographies for The Bioadhesives Market Growth?
Europe was the largest region in the bioadhesives market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the bioadhesives market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Bioadhesives Market?
2. What is the CAGR expected in the Bioadhesives Market?
3. What Are the Key Innovations Transforming the Bioadhesives Industry?
4. Which Region Is Leading the Bioadhesives Market?
Why This Report Matters:
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