IndustrialPR.net - Manufacturing & Industrial News Portal

Home | Submit News | Your Account | Today's Headlines | Free Magazines | Support

International News: Overview Bioadhesive Market: Global Industry Trends, Share, Size, Trends And Forecast Till 2023 #18309
Posted by: mzayn
City: Brooklyn
State: NY
Postal code: 11215
Country: united states
Contact Person: Zayn
Telephone: +1-631-791-1145
Company: IMARC Group
Website URL: https://www.imarcgroup.com/
Contact Email: sales@imarcgroup.com
News Article:
Bioadhesives are natural or synthetic polymers which are designed to adhere to biological surfaces. Natural bioadhesives comprises of microorganisms, such as algae, fungi and bacteria, whereas, synthetic bioadhesives are made from biological monomers like sugar. Increasing consumer awareness about the adverse effects of synthetic materials and growing inclination toward natural products has resulted in an augmented demand for bioadhesives. A new research report by IMARC Group, ti tled “Bioadhesive Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, estimates that the global bioadhesive market was worth US$ 1.4 Billion in 2017. The report further anticipates the market to reach a value of US$ 3.0 Billion by 2023, at a projected CAGR of more than 13% over the forecast period.


Request a free report sample: https://www.imarcgroup.com/request?type=report&id=864&flag=B

Global Bioadhesive Market Drivers/Constraints:

In recent years, bioadhesives have rapidly gained popularity as an alternative to synthetic adhesives on account of their environment-friendly nature. This has further been supported by government regulations encouraging the usage of bio-ba sed products, particularly in the developed countries.

The increasing applications of bioadhesives in the medical industry for transdermal drug delivery, skin bonded monitoring devices, surgeries and wound care dressing is projected to augment the demand for bioadhesives across the globe.

The changing preferences of consumers towards sustainable packaging along with the rising usage of bioadhesives in the food and beverage industry for packaging applications due to their nontoxic nature are further fuelling the bioadhesives market worldwide.

The major factors that limit the growth of the market are lower shelf life and reliability, and high cost of bioadhesives. In addition, the lack of skilled resources for the development of improved bioadhesives also hampers market growth.

To view the report summary and table of contents, click on: https://www.imarcgroup.com/bioadhesive-market

Product Type Insights:

On the basis of type, the report finds that the market has been segmented into plant-ba sed and animal-ba sed bioadhesives. Plant-ba sed bioadhesives include products made from starch, soy and corn. On the other hand, animal-ba sed bioadhesives are made using bones, hides, and hooves of various animals.

End-Use Insights:

ba sed on end-use, the market has been segmented into paper and packaging, construction, wood, personal care, healthcare and others. Currently, paper and packaging represent the largest end-use segment as bioadhesives are used in printed sheet lamination, cigarettes and filters, flexible packaging and specialty packaging.

Regional Insights:

Region-wise, Europe is the largest market for bioadhesives, accounting for the majority of the global share on account of escalating construction activities in the region where bioadhesives are used in making pavements, waste management systems, cladding panels and pipes. It is followed by North America and Asia Pacific. Other major regions are the Middle east and Africa, and Latin America.

Competitive Landscape:

The market is highly fragmented, characterised with the presence of numerous small and large manufacturers who compete in terms of prices and quality. Some of the leading pla yers operating in the market are:

Henkel Corporation
Dow Chemical Company
Ashland Inc
Adhesives Research, Inc.
EcoSynthetix

Browse related reports:

Global Biocatalyst Market Research Report: https://www.imarcgroup.com/biocatalyst-market

Global Amino Acids Market Research Report: https://www.imarcgroup.com/amino-acid-technical-material-market-report

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.




Home | Submit News | Your Account | Today's Headlines | Free Magazines | Support