Bio-Based Adhesives Market

Bio-based adhesives are growing in popularity across the world. Driven by the increasingly stringent environmental regulation and rising cost of petroleum based feedstock, end users and manufacturers are shifting towards bio-based adhesives. Given by technological advancement, increasing research and development activity and government incentives for the development of bio-based alternatives over tradition synthetic and petroleum based adhesive bio-based adhesives are expected to grow at rapid pace.

The global bio-based adhesives market has seen a number of opportunities from which future growth is expected. The most significant growth opportunity for this market has been created by the changing regulatory structures. Year-on-year, regulations on volatile organic compounds emissions are becoming more stringent. This has prompted end-users to use sustainable or green adhesives with low or no VOC emissions. Building and construction is one of the largest outlets for adhesives and there is growing trend in the global construction market for more environmentally friendly or green buildings; this seems promising for the development of green and more sustainable adhesive solutions. Such green adhesive solutions are made from renewable, recycled, remanufactured or biodegradable materials and use of these environmentally responsible products is not only good for the environment but benefits the health of the occupants as well.

Owing to a rising trend in various end-user segments to use eco-friendly or green products, the demand for green adhesives and sealants or those with low VOC (volatile organic compound) is increasing. Increasingly stringent regulations from USEPA (United States Environmental Protection Association), REACH (Registration, Evaluation, Authorization and Restriction of Chemicals) and other regional regulatory authorities have forced manufacturers make eco-friendly adhesives with low VOC levels. Shifting towards a more sustainable product portfolio has provided the industry a concrete growth opportunity.

Moreover, the rising prices of petroleum based polymers are becoming increasingly unviable for construction projects. Green adhesives are very cost effective and have no environmental footprint. Such bio-based adhesives are derived from starch, soy, and vegetable oil. They can be used in commercial applications and provide an alternative to petroleum based adhesives. For instance, polyols derived from agricultural feedstock like soybeans can be effectively used in polyurethane adhesives and sealants.

Report estimates the market size of global bio-based adhesives market both in terms of volume and revenue. It discusses market drivers, restraints and challenges, raw material, and product price trends. It provides detailed insights of the latest technologies and the drivers shaping the future of the industry. With market forecasts broken down by types, applications, and geographic region, this report provides the complete guide to bio-based adhesives. The report also deals with market share by participants for the overall market and describes the competitive strategies adopted by these players. We have also profiled leading players of this industry.

Scope of the report

This bio-based adhesives market research report categorizes the global market on the basis of applications, product types and geography; forecasting volumes and revenues and analyzing trends in each of the submarkets:

On the basis of applications: The bio-based adhesives is segmented on the basis of end user applications such as medical, transportation applications, packaging and electronics applications, wood applications and construction applications, etc. Each application is further described in detail in the report with volumes and revenues forecasted for each application.

On the basis of product type: Plant based (starch derivatives, cellulosic derivatives, other plant derivatives, tree resins and by-products, and natural rubber etc.) and animal based (casein of milk etc.)

On the basis of geography: North America, Europe, Asia-Pacific, and ROW and key countries in every region.