Press release
Bioadhesives Market Estimated to be Driven by Innovation and Industrialization by 2021
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Bioadhesives have biocompatible property; hence it is used for biomedical applications involving body skin and other body tissue. Some bioadhesives can work in wet environments condition or under water, while other can only operate in low surface energy (non-polar surfaces such as
plastic).
On the bases of extraction global bioadhesives market can be bifurcated into natural adhesives (substances that are partially or completely formed from bio-based raw materials), biological adhesives (adhesive secretions from natural organisms in marine and other wet environments such as under water), biocompatible adhesives (natural or synthetic adhesive which interfaces with living tissues and biological fluids), biomimetic adhesives (synthetic adhesives design to copy or mimic the molecular structure and mechanisms of adhesion found in external environment) and others. Bioadhesives are mostly applied in the healthcare sector in biomedical application, as it can interfaces with living tissues and biological fluids within the human body. Other major applications of bioadhesives are in the field of personal care and paper & pulp industry. Healthcare sector is expected to dominate the market in the forecasted period.
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North America has the largest market share for bioadhesives, followed by Europe and Asia Pacific. The U.S. is the largest consumer of bio based adhesives owing to technological advancement and consumer tilt towards using natural products. North America is expected to maintain its dominance in the forecasted period; Europe is expected to show average growth. However, Asia Pacific is expected to witness highest growth in the coming years owing to technological advancement in the developing countries such as India and China.
Increasing demand from the healthcare sector for biomedical application is driving the global bioadhesives market. Additionally, increasing stringent environmental regulations and consumer awareness towards the adverse effects of synthetic materials is further driving the global bioadhesives market. Also, industrial and individuals inclination toward using bio-based product to keep the environment green or eco-friendly is further expected to drive the global bioadhesives market to some extent. Governments are coming up with regulation for the chemical industries to reduce the use of fossil products, which is further expected to increase the demand for bio-based adhesives in the global market.
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Increasing government’s regulation to use more of bio-based products has influenced the bioadhesives manufacturing companies to come out with more advanced bioadhesives materials in the market. Some of the major companies operating in the global bioadhesives market are Bioadhesive Alliance Inc. CryoLife Inc., Ashland Inc., Everis Group, Adhbio and Columbia Laboratories, Inc.
Key geographies evaluated in this report are:
North America
U.S
Canada
Europe
France, Germany, Italy, Spain, and the UK
Eastern Europe
CIS
APAC
China
India
Japan
Australia
Others
Latin America
Argentina
Brazil
Others
Key features of this report
Drivers, restraints, and challenges shaping the Bioadhesives market dynamics
Latest innovations and key events in the industry
Analysis of business strategies of the top players
Bioadhesives market estimates and forecasts(2015 -2021)
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