Bioadhesives: Global Market Scenario, Trends, Opportunity, Growth and Forecast, 2016-2028

Market Definition

Bioadhesives are polymeric polymers that exist naturally and are synthesized from renewable basic materials. Stringent government controls on fossil-fuel based adhesives, as well as increased consumer awareness about the environmental impact of fossil-fuel based products, prompted the creation of bio-based adhesives. They are eco-friendly and have similar adhesive characteristics to petroleum-based alternatives.

In the formation of bioadhesives, bio-based intermediates including a variety of components such as proteins such as starch (obtained from potato, rice, corn, etc.), cellulose, collagen, and casein are utilized. They attracted economic interest around the world due to its decreased environmental impact (lower VOC emissions). Furthermore, they are regarded as more socially acceptable than petroleum-based binders. The exceptional mechanical and chemical properties provided by bioadhesives make them an ideal bonding solution for packaging/labelling, furniture and medical applications.

Market Insights

The global bioadhesives market is divided into plant-based and animal-based raw materials, according to the source. Plant-based sources held the greatest proportion of the global market in 2022. Plant-based adhesives are manufactured from easily available and easy-to-process components such as starch, dextrin, soybean protein, oil, waxes, and so on. Animal-based adhesives are made using components such as albumin, gelatin, and keratin derived from animal bones, hooves, or hides. Veganism, which forbids the use of animal-based products, is predicted to increase demand for plant-based adhesives throughout the forecast period.

The global bioadhesives market is classified into paper and packaging, building and construction, woodworking, medicinal, and others. The worldwide bioadhesives market will be dominated by the paper and packaging segment in 2022. Bioadhesives are utilized in the packaging sector for special packaging, flexible packaging, filters and cigarettes, and laminations. Several paper and packaging manufacturers have taken strides toward sustainability by using bio-based adhesives in a variety of packaging applications. Regulations and standards relating to environmental safety, rising consumer awareness, and manufacturer environmental responsibility have all encouraged the use of bio-based adhesives for packaging applications in order to provide an environmentally friendly solution with lower VOC emissions.

The global bioadhesives market is divided into five regions: North America, Europe, Asia-Pacific, Central and South America, and the Middle East and Africa. Europe will account for 35.3% of the global bioadhesives market in 2022. Europe is the largest bioadhesive customer, and various bioadhesives producers have a presence there. Growth in end-use sectors, as well as the existence of large-scale producers operating in several vertical categories such as personal care, wood, construction, and paper and packaging, are driving the market in Europe.

The global market for bioadhesives was fragmented. In 2022, Henkel AG & Co. KGaA, 3M, H.B. Fuller Co., Bostik – An Arkema company, Toyo Ink Group, Ashland Global Holdings Inc., Tate & Lyle, and EcoSynthetix Inc. will be among the main manufacturers accounted for more than 70% market share.

In 2022, Henkel AG & Co. KGaA was the market leader, accounting for more than 20% of the global bioadhesives market. For many years, the company has been a market leader in the adhesives industry. They are focused on research and development, bringing new and creative items to market on a regular basis. In May 2021, Henkel AG & Co. KGaA will offer a bio-based PUR Hot Melt Adhesive containing 60% biomass. The product is primarily intended for consumer electronics assembly. The LOCTITE HHD 3544F product can be used to bond a variety of consumer electronic items such as tablets, laptops, mobile phones, accessories, and wearables.

Market Dynamics: Drivers

Rising Use of Renewable and Bio-Based Feedstocks

For many years, fossil-based raw materials were widely used in the market to provide feedstock for a variety of sectors. However, environmental worries over the usage of fossil fuels have resulted in a significant movement toward the consumption of renewable items such as raw materials. Renewable resources have gained popularity in the worldwide market since they have been used in a variety of applications. Because of their environmental friendliness, they are seen to be a preferable alternative to petroleum feedstocks. Because of their ease of availability and low cost, the use of starch, soy protein, collagen, and other bio-based adhesive raw materials has expanded dramatically in recent years.

The primary markets for bio-based materials as a feedstock are Europe, Asia-Pacific, and North America. Several governments in these regions have severe rules that limit the usage of materials derived from fossil fuels. These restrictions were created to reduce the environmental and human-induced damage caused by fossil fuel products. These fossil-fuel-based goods release VOCs, which can be harmful to human health. According to Harvard University research, fossil fuel pollution was responsible for 18% of total global deaths in 2018. This has resulted in a rise in the use of bio-based materials worldwide. Several large-scale firms are pursuing R&D to bring novel renewable raw materials to market that are both cost effective and have excellent qualities.

Market Dynamics: Challenges

Veganism Regulates the Use of Animal Glues

Veganism is a popular trend that is rapidly spreading over the world. Veganism is the practice of avoiding the use of animal-derived materials in diets and/or rejecting the use of animal-derived products. Many people have chosen veganism as a way of life, and they reject any type of animal cruelty or exploitation. As a result, the growing veganism and rejection of animal-derived products is predicted to lower demand for animal-based adhesives. According to Vegan Statistics, approximately 2% of the American population was vegan in 2019. Furthermore, plant-based food sales climbed by 30% in 2019 compared to 2017. Portland, Oregon, in the United States, is today known as the vegan capital of the world.

The trend was not restricted to the United States. In recent years, a large number of people in European countries have become vegan. The United Kingdom has seen the most growth in terms of vegan lifestyle and interest in Europe, leaving its impact on the worldwide movement.

Natural adhesives come from a variety of sources. Animal glues are often derived from bones, hides, and skins. Almost any animal can be used to make these glues. People typically associate animal glues with horses; nevertheless, a variety of animals are employed in the creation of natural glues. These are made by boiling the animal product and breaking it down with additives.

Animal-derived goods, such as egg-based products or milk proteins, are used to make natural adhesives in addition to glues made directly from animals. Casein glue, for example, is used by industrialists because of its high adhesive capabilities. It is a protein derived from cow milk that is commonly utilized in foods. Vegans must avoid casein because it is an animal-based substance.

As a result, the growing number of vegans in various areas of the world is likely to constrain the animal-based adhesives market during the forecast period.

Market Segmentation

• Based on Source, the Global Bioadhesives market is segmented into
  • Plant-Based
  • Animal-Based
• Based on Application, the Global Bioadhesives market is segmented into
  • Paper and packaging
  • Building and construction
  • Woodworking
  • Medical
  • Others
• Based on Geography, the Global Bioadhesives market is segmented into
  • Asia-Pacific
  • North America
  • Europe
  • Latin America
  • Middle East & Africa

• All market revenue has been given in US Dollar, while the market volumes are given in tons.

Historical Year: 2020-2021
Base Year: 2022
Estimated: 2023
Forecast- 2024-2030

Key Questions this Study will Answer

• What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Market Size-By Volume, Forecast Numbers, Market Segmentation, Market Shares) of Global Bioadhesives Market?
• What is the region wise industry size, growth drivers and challenges key market trends?
• What are the key innovations, opportunities, current and future trends and regulations in the Global Bioadhesives Market?
• Who are the key competitors, what are their key strength and weakness and how they perform in Global Bioadhesives Market based on competitive benchmarking matrix?
• What are the key results derived from the market surveys conducted during Global Bioadhesives Market study?