Bioadhesives Market: Efforts towards Promoting Use of Environmental-friendly Bioadhesives across Industries to Boost Growth,By 2024

Featuring a consolidated vendor landscape, the global bioadhesives market is dominated by three players with a cumulative share of nearly 70%. These companies are SCION, Cryolife, and Ecosynthetix Inc. Of these, Ecosynthetix Inc. however emerged dominant with a large margin, finds Transparency Market Research (TMR).

For sustainable growth, some of the most prominent market players have taken up expanding geographic footprint and the size of their existing production units, and the development of novel products as their key market strategies. With vast opportunities for growth in the near future, the market as per experts is highly conducive to the entry of new players. “The challenge posed by strong brand image can be addressed by introducing innovative products with niche applications,” observed the TMR report’s author. “This will provide strong foothold for new entrants at the start,” he added.

View Exclusive Global Strategic Business Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=5654

As per TMR, the global bioadhesives market will exhibit a promising CAGR of 12.9% between 2016 and 2024. By revenue, the market’s worth will reach US$736 mn by 2024, from US$251.6 mn in 2015. Based on the source of raw material, the animal-based bioadhesive segment accounted for nearly 80% of the overall market in 2015. The segment is expected to remain highly attractive through the course of the forecast period. The increasing use of bioadhesives in the medical industry for specialty applications such as open surgeries and wound closures, will augment the demand for animal-based bioadhesives. Regionally, the dominance is expected to remain with Europe, which held over 40% of the global bioadhesives market in 2015.

Aversion to Synthetic Adhesives, to Steer Transition towards Bioadhesives

The demand for bioadhesives is rising in tandem with the increasing demand for eco-friendly products. As awareness regarding the negative impacts of using synthetic adhesives on animal health and environment spread around the world, it is expected to give significant boost to the global bioadhesives market. Besides this, the increasingly stringent government regulations such as the Registration, Evaluation, and Authorization of Chemicals (REACH) are spreading awareness regarding the ways in which the use of petroleum-derived products and be minimized. Such regulations will help the market expand in the coming years.

Browse The Full Article Here: http://www.transparencymarketresearch.com/bioadhesives-market.html

Moreover, the enterprises in the global bioadhesives market is also gaining from the relative cheaper price of bioadhesives due to the easy availability of raw materials. Due to their excessive dependence on the petroleum industry for raw materials, the synthetic bioadhesives market often has to deal with price fluctuations. This in turn is fuelling the demand for bioadhesives.

Scope of Application is Limited for Bioadhesives Due to their Low Performance

On the flip side, certain bioadhesives, derived from cent percent bio-based raw materials, often show weak adhesion properties and lower resistance to chemical, heat, and water. Therefore, bioadhesives are often treated with synthetic adhesives to boost their performance. Moreover, they are also known to possess low dry and wet strength compared to their synthetic counterpart, which may create a few difficulties in their acceptance across industries. As bioadhesives also face the issue of limited-shelf life, their use is still limited. The cumulative effect of these factors could hamper the market’s expansion over the course of the report’s forecast period.

Bioadhesive Market: Source Analysis

Plant based
Animal based

Bioadhesive Market: End-user Analysis

Paper & Packaging
Construction
Wood works & Furniture
Medical
Personal Care
Others (Textile, Foundry, etc.)

This review is based on a TMR report, titled “Bioadhesive Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024.”.

Global Epoxy Curing Agents Market - Projected to Scale-Up by construction, adhesive, Wind Energy Application to 2022.

“Global Epoxy Curing Agents Market Market Professional Survey Report 2017-2022” Purchase This Report by calling ResearchnReports.com at +1-888-631-6977. Global Epoxy Curing Agents market Report is a professional and in-depth research report on the world’s major regional market conditions of the Epoxy Curing Agents market, focusing on the main regions (North America, Europe and Asia) and the main countries (United States, Germany, Japan and China). Based on application, the wind energy segment is projected to witness the highest growth from 2017 to 2022, both in terms of value and volume. Wind blades manufacturing is one of the major applications for epoxy curing agents. The depletion of fossil fuels and their volatile prices have resulted in increased energy cost with rise in demand. This research report provides an in-depth analysis of the global Epoxy Curing Agents Market based on enterprise size, services, solution, end-use industry, and geography. The report also prov...

Glass Fiber Reinforced Gypsum Market - Global Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2017-2025

Glass Fiber Reinforced Gypsum (GFRG) is a composite application utilizing naturally occurring mineral gypsum combined with reinforcing fibers. It may also contain polymers to increase product strength. The molding process can be either hand lay-up or a chopped strand spray method. Stereotypically, the end product is used for indoor applications with negligible exposure to moisture or other environmental elements. Completed composites are in the form of ornamental or decorative columns, pillars and facades. With the slowdown in world economic growth, the global market has also suffered a certain impact, but still maintained a relatively optimistic growth. In terms of revenue, the Global Glass Fiber Reinforced Gypsum Market was valued at US$ 458.49 Mn in 2016 and is expected to reach US$ 888.35 Mn by 2025, expanding at a CAGR of 7.6% from 2017 to 2025. The Global Glass Fiber Reinforced Gypsum Market is boosted by factors such as: · ...

Global Arcylamide Market for Applications like Waste & Wastewater Treatment, Pulp & Paper, Printing & Dyeing, Solid Crystalline - Analysis of Top Key Players and Forecast to 2022

This report comprises a comprehensive outline of the current state of the Global Arcylamide market and projects its growth and every other central elements across major provincial markets. It presents an immense amount of market information that has been collected with the help of countless number of prime and subordinate research techniques. The statistics of this report has been tapered down using numerous industry based analytical procedures. An in depth synopsis of key market drivers, inclinations, manacles are provided and the study analyzes the way they shake the Global Arcylamide market in an affirmative as well as an adverse way. The topographies which are enclosed in this report are North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Taking into consideration the given prediction period and specifically studying each and every data annually, a report is been enlisted to ensure the data is well anticipated by clients. Increasing u...

Market Research Reports

Search This Blog