Bio-based Adhesives Market - Forecast(2024 - 2030)

Bio based Adhesives Market Overview

The Biobased Adhesives Market size is estimated to reach US$13.4 billion by 2030 after growing at a CAGR of 9.6% from 2024 to 2030. Biobased Adhesives are natural polymeric substances that act as adhesives performing similarly to synthetic alternatives and are also environment friendly. Biobased Adhesives are majorly used for biomedical applications which involve skin or other body tissue due its biomedical property. For instance, Collagen-based Biobased Adhesives are used for a variety of medical uses such as wound enclosure, by absorbing blood and coagulation products on its fibers, trapping them and thus effectively adhering to the wound. Petroleum-based synthetic adhesives emit volatile organic compounds (VOCs), which are harmful to the environment as well as to human beings. Biobased Adhesives are thus preferred as they are produced from bio-based materials which emit low VOCs, this acts as a major driver for the market. Biobased Adhesives are used extensively in the healthcare industry for applications such as wound healing, as they are made of biological monomers and thus are safer to use. Asia-Pacific region is witnessing a fast growth in the Biobased Adhesives market due to increasing demand. For instance, chitosan-based Biobased Adhesives are in high demand due to its applications in biomedical, wood adhesives, adhesives for metallic surfaces and others, which will increase the growth of Biobased Adhesives industry in Asia-Pacific region in the forecast period. One of the key factors driving the chitosan demand in the Asia-Pacific region is the easy availability of its raw material, obtained as a waste product from the fishery industry.

A notable trend towards Biobased Adhesives made from renewable resources including plants, algae, and marine life is the growing awareness of environmental sustainability. Consumer demand for environmentally friendly products and laws encouraging the use of sustainable materials are the main drivers of this movement. Biobased Adhesives are appealing for a range of applications, such as packaging, building, and healthcare because they are less carbon-intensive and biodegradable than their synthetic counterparts. Improved bioadhesive manufacturing techniques and the discovery of new biomaterials are the results of ongoing biotechnology research and development. Bioengineered polymers and genetically modified proteins are two innovations that are improving the efficiency, adaptability, and affordability of bioadhesive formulations. These developments are pushing the use of Biobased Adhesives in a variety of industries by making it possible to create materials with qualities that are specifically suited to fulfill application needs.

COVID-19 Impact

The COVID-19 impacted the Biobased Adhesives market, as the outbreak of COVID-19 created an imbalance on the global economy. With the lockdown of international borders and the shutdown of economic activities across countries, there was a huge recession globally. The packaging industry had a mixed impact in the pandemic as the demand for a certain types of packaging like industrial packaging was declining where packaging for e-commerce shipments, healthcare products and others were in demand. Plant-based Biobased Adhesives such as starch-based Biobased Adhesives are used majorly in the packaging industry as they offer excellent properties such as viscosity, possess quicker tack, and are economical compared to others. The construction industry got impacted negatively due to covid due to lockdown and infection spreading concerns. Biobased Adhesives find applications in the construction industries as pipes, cladding panels and others. Thus, Biobased Adhesives industry was negatively impacted due to a recession in the construction and infrastructure industry. Whereas, the demand for Biobased Adhesives in the medical industry has faced significant high growth, as there is a high demand in medical applications such as dentistry, tissue sealing, drug delivery systems and others. Biobased Adhesives are used extensively in the healthcare sector due to their environment-friendly and low-toxic nature.

Biobased Adhesives Market Report Coverage

The report: “Biobased Adhesives Market– Forecast (2024-2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the Biobased Adhesives Industry.

By Type: Plant-based Biobased Adhesives and Animal-based Biobased Adhesives
By Application: Boxes & Cartons (Corrugated, Rigid and Folding), Foil aminates, Labels & Envelopes, Cigarettes & Filters, Cosmetics, Wood-Works, Flooring and others
By End-Use Industry: Paper and packaging, Construction & infrastructure (Residential Construction, Commercial Construction, Industrial Construction), Wood Industry (Plywood, OSB, Glulam and Others), Personal Care (Skincare, Oral care and others), Healthcare (Medical devices and Operating equipment) and Others
By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia, and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), Middle East (Saudi Arabia, UAE, Israel, Rest of the Middle East) and Africa (South Africa, Nigeria, Rest of Africa)

Key Takeaways

• Plant-based Biobased Adhesives drives the market as the majorly used in applications like, laminating, paper-products, plywood and others as they are more viscous and economical.
• Europe will be dominating Biobased Adhesives market owing to the increase in production due to the increase in construction sector.
• The major opportunity for Biobased Adhesives industry is in the medical and healthcare industry as Biobased Adhesives have properties like, biodegradable, biocompatible and not toxic to human body.

                                                         
 
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Biobased Adhesives Market Segment Analysis – By Type

The plant-based adhesives segment accounted for more than 55% of the global market share in 2023 and is expected to grow at a CAGR of nearly 9% in the forecast period. Plant-based Biobased Adhesives are derived from various sources such as starch, soyabean, lignin, rubber and others. Though the use of synthetic materials is prominent in biomedical applications, they pose a non-biocompatible threat. Plant-based adhesives are cheaper and are a reliant replacement to synthetic adhesives. Plant-based bioactive component offers mucilage and gums, which can be used as excipients in the formulation of drug delivery system as well as a wound dressing. Some of the other applications of Plant-based Biobased Adhesives include paper products, wallpaper paste, laminating, tube winding and others. Due to its high demand from almost every sector, there is an increasing demand in Biobased Adhesives industry. Starch-based Biobased Adhesives are more efficient than other plant-based Biobased Adhesives due to their of properties like; more viscous than other Biobased Adhesives. Starch-based Biobased Adhesives are derived from roots, seed, and stalks of staple crops, such as corn, rice and others. Starch-based adhesives majorly find use in wood and furniture applications. For instance, Scion, a Biobased Adhesives manufacturer, produces Biobased Adhesives and resins which are petrochemical free, and are purely made of natural resources including forestry and agriculture waste, and thus have very low formaldehyde emissions which makes them more environment friendly.

Biobased Adhesives Market Segment Analysis – By Application

By application, corrugated boxes segment is expected to grow at a CAGR of over 7.5% in the forecast period. The corrugated boxes are preferred to be manufactured by plant-based Biobased Adhesives due to their properties like quick tack, strong bond, and others. Starch Biobased Adhesives are extensively used in corrugated boxes as they are more viscous than other Biobased Adhesives and have better fluid properties. Thus the increase in the growth of corrugated boxes will drive the Biobased Adhesives market. For instance, LD Davis manufactures various types of eco-friendly glues and starch glues which are considered eco-adhesives. LD Davis manufactures corrugated fiberboard and the Biobased Adhesives used are starch Biobased Adhesives. Owing to these factors the market is expected to grow during the assessment period.

Biobased Adhesives Market Segment Analysis – By End-Use Industry

Healthcare segment will hold the largest share in the Biobased Adhesives market and is expected to register a CAGR of nearly 8% in the forecast period. In the rush of the pandemic, market players are rapidly developing artificial intelligence and data analytics in healthcare, paving the way for the future of the technologies. Researchers have leveraged these tools to do everything from tracking hospital capacity to identifying high-risk patients. Biobased Adhesives such as tissue adhesives, hemostatic agents, and tissue sealants have gained increasing popularity in different healthcare operations. Biobased Adhesives have their applications in external and internal usage. For external applications, they are used in wound healing wounds, epidermal grafting, and others. For internal applications, they are used in chronic organ leak repair, excessive bleeding reduction and others. Biobased Adhesives are majorly used in drug-delivery systems. The drug and delivery systems market is growing at a rate of around 5% in the forecast period. Gelatin-based Biobased Adhesives which is made of Gelatin, a collagen derivative, can be adjusted to maximize drug-loading efficiency and thus, has been extensively used as a drug delivery carrier for many classes of drugs. For instance, Henkel, a major player of Biobased Adhesives market, have PROLOC Biobased Adhesives technology which provides a superior means to deliver therapeutic agents across mucosal membranes. PROLOC Biobased Adhesives provide higher capacity for drug loading, while remaining gentle to the mucosa.

Biobased Adhesives Market Segment Analysis – By Geography

Europe held the largest share in the global Biobased Adhesives market due to the rise in the construction industry. According to Eurostat 2023, EU construction production increased by 1.3%. Biobased Adhesives are extensively used in different construction applications. For instance, animal-based and a variety of plant-based Biobased Adhesives, majorly soybean Biobased Adhesives are used extensively in wood-based applications like plywood, wood flooring and others. Additionally the plant-based polyurethane Biobased Adhesives were are also found to give superior bonding properties to commercially available Biobased Adhesives used for wood joints as they make strong joints. The Europe polyurethane market is expected to grow in the forecast period and its demand is driven due to increased application in construction and automotive industry. Germany is the major consumer of bio-based adhesives in the European region as it is a major producer of natural rubber- and starch-based adhesives in the global scenario. Additionally, production of bio-succinic acid in Germany has supported the production of Biobased Adhesives. Biosuccinium-based Biobased Adhesives are used for architectural coatings. The sharp rise in the construction activities, will also drive a demand in other industries such as plastic, painting and coasting industry and others, in Europe which will further drive the Biobased Adhesives market. The Asia Pacific is the fastest-growing Biobased Adhesives market. The rapid development of economy in the developing countries, increase in healthcare industry, and the technological advancements will drive the market of this region over the forecast period.

Biobased Adhesives Market Drivers

Increasing demand for environmentally-friendly products

There is an increase in research and development of safe adhesives such as Biobased Adhesives which are made up of natural polymeric material like proteins and carbohydrates, and as a result, they are biocompatible in nature. Whereas, the manufacturing processes of petroleum-based synthetic adhesives involve grinding and machining and are responsible for producing hazardous emissions. There is an increase in government regulations to use bio-based products. For instance, agencies, like the US Environmental Protection Agency (EPA) and the Food and Drug Administration (FDA), give preference to the use of bio-based contents in adhesives, thus driving the Biobased Adhesives market globally. 

Growing demand of drug-delivery systems

There is an increase in demand from the healthcare sector for Biobased Adhesives in biomedical application due to stringent environmental rules towards adverse effects of synthetic materials, thus, driving the global Biobased Adhesives market growth. The major growth is seen in the drug and delivery system. The rise in the drug and delivery systems is due to increase in prevalence of multiple chronic diseases. The use of Biobased Adhesives restricts the delivery system directly to the desired location and thus is an efficient technique as this increase the duration of the drug as well.

Biobased Adhesives Market Challenges

Large Investments in R&D

The manufacturing of Biobased Adhesives requires innovative technologies and advanced formulation. The R&D expenses which is involved in the development of these Biobased Adhesives are comparatively higher than synthetic adhesive formulations. Additionally, only the major players can make large investments in new product innovations. Thus, the huge challenge for the smaller players in the Biobased Adhesives industry compete the products from the leading companies in the global market which are providing latest quality Biobased Adhesives through innovating technologies. 

Biobased Adhesives Industry Outlook

Technology launches, acquisitions and R&D activities are key strategies which are adopted by the dominant players in this market. Biobased Adhesives top 10 companies include:

1. Henkel AG 
2. Cryolife Inc
3. DuPont de Nemours, Inc., 
4. Beardow Adams Group
5. Jowat SE
6. Ingredion Incorporated
7. Artivion, Inc
8. Sigma-Aldrich
9. EcoSynthetix Inc
10. 3M Company

Acquisitions/Technology Launches

• In May 2023, Fraunhofer WKI introduced a formaldehyde-free bioadhesive for the manufacturing of wood-based goods at LIGNA.
• In January 2023, The first biocompatible product approved for use in the India, Middle East, and Africa region, Swift®melt 1515-I, was launched by H.B. Fuller, one of the top providers of adhesives in the world. With its stick-to-skin application, the product is intended for usage in microporous medical tape environments that are specific to the Indian subcontinent, such as its high humidity and warmth.

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