Industry Experts, Inc. Projects that Bioadhesives Global Market to Reach $16 Billion by 2029 Driven by Stringent Regulatory and Eco-friendly Properties

By -

Industry Experts, Inc. unveiled the new market research report "Global Bioadhesives Market – Types and Applications". Analysts at Industry Experts forecast that the global market for Bioadhesives is projected to reach US$15.7 billion by 2029 at a CAGR of 10.5% between 2022 and 2029.

The demand for Bioadhesives has been growing significantly, owing primarily to the fact of their natural origin, and also because of their range of applications as substitutes for regular synthetic adhesives. Regulatory agencies across the globe have mandated strict rules against the uncontrolled use of petroleum-derived products because of serious ecological consequences. Hence, there has been a manifest shift towards using natural resources as materials in a variety of application areas, of which end Bioadhesives are also a part.

Despite being used for centuries as general-purpose adhesives by various cultures and civilizations, the importance of Bioadhesives as an effective and eco-friendly alternative to petroleum-derived adhesives has been realized over the past few decades.

Paper & Packaging applications dominate the global demand for Bioadhesives which is accounted estimated share of 45.3% in 2022 and is projected to reach US$7.8 billion by 2029. Overall, it can be said that the market for Bioadhesives will maintain steady growth over the 2022-2029 analysis period because of a range of factors in favor of these innovative materials.



The report studies the market for Bioadhesives product types including Animal-Based Bioadhesives and Plant-Based Bioadhesives. The study also explores the market for Bioadhesives applications comprising Construction, Medical & Healthcare, Paper & Packaging, Personal Care Products, Woodworking and Others.

This report reviews, analyzes and projects the Bioadhesives market for global and regional markets including North America, Europe, Asia-Pacific and Rest of World for the period 2020-2029 in terms of value in USD. These regional markets further analyzed for 11 independent countries across North America – The United States, Canada and Mexico; Europe – France, Germany, Italy and the United Kingdom; Asia-Pacific – China, India, Japan and South Korea.

This 212 page global Bioadhesives market report includes 117 charts (includes a data table and graphical representation for each table), supported with a meaningful and easy to understand graphical presentation of the market. This report comprises brief business profiles of 16 key global players and also provides a listing of the companies engaged in the manufacturing and supply of Bioadhesives. The global list of companies covers addresses, contact numbers and the website addresses of 60 companies.

California, USA based Industry Experts, Inc. is a multi-industry focused market research provider.

For more details, please visit: https://industry-experts.com/verticals/chemicals-and-materials/global-bioadhesives-market

Comments

Post a Comment

Popular posts from this blog

Use of Antimony in Lead Acid Batteries, Flame Retardants Propelling Demand, Projected to Reach US$3.5 billion by 2030

By -
Image
Industry Experts, Inc., has released its latest report on " Antinomy ", which projects the demand for this semi-metallic element to reach in excess of US$3.5 billion by 2030 from an estimated US$2.5 billion in 2024 at a CAGR of 6.2% between the two years. Some of the factors instrumental in driving demand for Antimony include its widespread use in flame retardants (in pentoxide & trioxide compound forms) and as an alloying agent with lead in lead acid batteries to increase the strength, corrosion resistance and castability of battery grids. The primary applications of flame retardants include protecting construction materials, plastics, textiles and electrical & electronic components against fire hazards. Asia-Pacific leads the demand for Antimony on a global basis and is also anticipated to be the fastest growing region. China’s dominance as the number one producer and consumer of Antimony has remained unchallenged for some time now and would continue i
Read more

Alzheimer's Drugs Market to Grow Rapidly by about 10% CAGR During 2024-2030 and Touch $5 billion by 2030

By -
Image
A new report from Industry Experts Inc, on " Alzheimer’s Drugs ", is introduced. According to this study, global market for Alzheimer’s Drugs will likely maintain a robust CAGR of 9.9% during the 2024-2030 analysis period and reach a projected US$9.2 billion by 2030 from an estimated US$5.2 billion in 2024. The rising prevalence of Alzheimer's disease, driven mainly by the aging population, is leading to the expansion of the Alzheimer's drugs market. With the increase in life expectancy, especially in developed countries, there is a growing number of people at risk for Alzheimer's disease, leading to a larger group of potential patients. Innovations in drug development, such as medications aimed at the root cause of illnesses, combined with increased awareness and early diagnoses, further drive this market growth. North America leads the Alzheimer's drugs market with an estimated share of 38.9% in 2024, driven by a high prevalence of the disease,
Read more

Demand for Europium to Reach US$373.3 million by 2030 Fostered by Phosphors and Consumer Electronic Applications

By -
Image
Industry Experts, Inc., has released its latest report on Europium Market , which projects the demand for the same to reach US$373.3 million by 2030 from an estimated US$267.1 million in 2024 at a CAGR of 5.7% between the two years. The demand for Europium in the global market is primarily being driven by a number of factors that include increasing demand of phosphors in various applications for making high-quality displays that offer higher cooling, energy efficiency and brightness in products, such as OLEDs & LCDs, which are used in televisions, smart phones, wearables  and other electrical & electronic equipment. Technological advancements have enhanced the methods of extracting, purifying and separating europium from other ores, thereby positively impacting its availability to manufacturers. Heavy investments in R&D for improving performance and overcoming supply challenges of this metal have determined the global market in yielding innovative solutions,
Read more