February 10, 2023/Industry News Global/ — This new report from Stratview Research analyses the Bioadhesives Market over the trend period from 2014 to 2019 and the forecast period from 2020 to 2026. The insights of the report shall enable informed decision-making and strategy formulation for the near future to capitalize on the opportunities.
Bioadhesives Market Overview:
Bioadhesives Market is likely to witness a double digit CAGR of 10.0% during the forecast period.
Drivers
The increasing demand for eco-friendly products on account of stringent environmental regulations in various end-use industries is compelling the adhesive manufacturers to adopt bio-based products, which in turn, is driving the growth of the market.
Regional Analysis
Europe is estimated to dominate the global bioadhesives market during the forecast period. This growth is owing to stringent government regulations regarding synthetic adhesives and rapid technological advancements associated with the usage of bio-based materials. North America was the second-largest consumer of bioadhesives, driven by the increasing initiatives by the environmental activists, such as Environment Protection Agency (EPA) and the Commission for Environmental Cooperation (CEC). Asia-Pacific, with China and India being the major growth engines, is also expected to offer promising growth opportunities during the forecast period.
What is Bioadhesives?
Bioadhesives are natural polymers, which render adhesion between two sperate materials. Protein and carbohydrate are the major substances used to make bioadhesives.
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