Bioadhesive Market Share, Trend, Segmentation and Forecast to 2029
Bioadhesive refers to type of glues or natural polymeric materials that act as adhesive. These glues are synthetically derived from biological monomers including sugar and synthetic bonding. These materials tend to have properties that are used for building durable interface between two classes of materials including soft and hard materials.
The rise in biotechnology and innovations by industry players across the globe acts as one of the major factors driving the growth of bioadhesive market. The shift in the trend toward bio-based products because of increasing awareness among consumers, and increase in regulations and policies against use of petrochemical-based adhesives accelerate the market growth. The wide application in end-use industries such as construction, packaging and paper, wood, and medical industries, and rise in awareness regarding bio-based adhesives in the packaging industry further influence the market. Additionally, research and development activities, general awareness among consumers, surge in investments, and presence of regulations and policies against use of petrochemical-based adhesives positively affect the bioadhesive market. Furthermore, increase in demand for environmentally-friendly products and stringent regulations to reduce VOC emissions extend profitable opportunities to the market players in the forecast period of 2022 to 2029.
Browse Related Reports@
Comments
Post a Comment