Market Research Reports

The global market for bioadhesives is consolidated with a handful of players holding the major share in the market. Cryolofe, SCION, and Ecosynthetix Inc. emerged as the top three companies, representing a massive share of almost 70% in the global bioadhesives market in 2015, finds Transparency Market Research (TMR). Most of the leading manufacturers of bioadhesives are toiling to amplify their production capacities, develop new products, and to penetrate into unexplored regional markets. Entry of new market players is encouraged by the vast growth opportunities presented by untapped geographical regions, particularly in Asia Pacific and the Middle East and Africa (MEA) regions. However, the new entrants might have to overcome the challenge pertaining to strong brand images of leading vendors via launches of innovative products. According to the findings of TMR, in 2015, the   global bioadhesive market   was pegged at USS251.6 mn in terms of revenue. By the end of...

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: ...