Global Biobased Adhesives And Sealants Overview
Bio-based adhesives and sealants are the environmentally friendly products which possess desired mechanical as well chemical properties in which contribute in to their efficiency. Increasing demand for the bio-based adhesives and the sealants from the packaging sector, along with stringent government regulations set by the regulatory body associated with the health in the U.S. and Europe are major factors driving growth of the global market. Also, growing awareness among the population regarding ecofriendly product use is expected to boost growth of the target market in the next 10 years. However, low shelf life and lower water-resistance are expected hamper growth of the global market in the near future.
The global bio-based adhesives and sealants market is segmented based on raw material, end-user industry, and by region. On the basis of raw material, the global bio-based adhesives and sealants market is classified into rosin, starch, lignin, soy, and other raw materials. Soy segment is expected to dominate in the target and will continue its dominance over the forecast period. This can be attributed to the growing demand as an alternative to the urea formaldehyde and phenol-based adhesives across the globe. Based on end-user industry, the global market is bifurcated into building and construction, paper, board, and packaging, healthcare, personal care, woodworking and joinery, and other end-user industries. On the basis of region, the global bio-based adhesives and sealants market is categorized into North America, Europe, Asian Pacific, Latin America, and Middle East & Africa.
Europe market dominates the global market in terms of revenue and is expected to continue its dominance over the forecast period. This can be attributed to increasing adoption of the bio-based adhesives and the sealants in the various end-use industries of in the countries of this region owing to the stringent government regulations associated with the health. Germany is the country who consumes bio-based adhesives and sealants in this region owing to presence of some of the major key players in this country. Also, the growing production of the bio-succinic acid in this country has led to increased production of bio-based adhesives that are based on the bio-succinic acid. In addition to this, increasing awareness among the individuals in the region regarding pollution is supporting use of the eco-friendly products in the region which is ultimately driving growth of the target market in the countries of this region, especially in the France.
The key players operating the global bio-based adhesives and sealants market involves 3M Company, Arkema Group (Bostik SA), Artimelt AG, Ashland Inc., DowDuPont Inc., H.B. Fuller, Henkel AG & Company KGaA, Huntsman International LLC, Ingredion Incorporated, and Mapei SpA. Key players operating in the target market are focusing on the development and launch of the new products in the target market.
Global Biobased Adhesives And Sealants Company Profile
- 3M Company
- Company Overview
- Raw Material Portfolio
- Key Highlights
- Financial Performance
- Arkema Group (Bostik SA)
- Artimelt AG
- Ashland Inc.
- DowDuPont Inc.
- B. Fuller
- Henkel AG & Company KGaA
- Huntsman International LLC
- Ingredion Incorporated
- Mapei SpA
“*” marked represents similar segmentation in other categories in the respective section
FAQs
The scope of the Bio-based Adhesives and Sealants Market is segmented into Type, Application, and Region.
The Bio-based Adhesives and Sealants Market is driven by factors such as the growing demand for sustainable and eco-friendly products, increased awareness of environmental concerns, and advancements in bio-based technologies.
The cost competitiveness with traditional adhesives and sealants, challenges in achieving comparable performance, and the need for standardized testing and certifications.
The report covers regions globally, with a focus on areas with a strong emphasis on sustainability and green technologies. It's essential to refer to the latest reports for updated information on the dominant region in the Bio-based Adhesives and Sealants Market.
Building and Construction Paper Board Packaging Healthcare Personal Care Woodworking and Joinery Other End-user Industries