Global Bioadhesives Market Growth of 13.33% CAGR by 2020 - Increasing Demand from the Chemical & Healthcare Sectors - Research and Markets

May 25, 2016, 05:10 ET from Research and Markets

DUBLIN, May 25, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Bioadhesives Market 2016-2020"  report to their offering. 

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The report forecasts the Global Bioadhesives Market to grow at a CAGR of 13.33% during the period 2016-2020. 

The current trend in the market indicates that there is increasing demand from the chemical and healthcare sectors. Bioadhesives are increasingly used in the healthcare sector for biomedical applications. Governments are imposing stringent regulations regarding the emissions of volatil organic compounds and other hazardous compounds released by synthetic and petrochemical resin-based adhesives. This factor is expected to elevate the demand for bioadhesives globally. Further, consumer awareness regarding the adverse effects of synthetic materials is driving the market. 

According to the report, a key driver for market growth is the increased use of bioadhesives as a replacement for synthetic adhesives. The use of bioadhesives is increasing in construction, packaging, pharmaceutical, and personal care applications due to the growing awareness regarding the benefits of eco-friendly products. Increased adoption of drug delivery technology during surgery in the medical sector drives the demand for bioadhesives. 

Further, the report states that a major challenge is that bioadhesives have a limited shelf life and can impact market growth. 

Key vendors:

  • 3M
  • Arkema
  • Ashland
  • Dow Chemical Company
  • Henkel
  • Paramelt  

Key Topics Covered: 

PART 01: Executive summary 

PART 02: Scope of the report 

PART 03: Market research methodology 

PART 04: Introduction 

PART 05: Market landscape 

PART 06: Market segmentation by source 

PART 07: Market segmentation by application 

PART 08: Geographical segmentation 

PART 09: Market drivers 

PART 10: Impact of drivers 

PART 11: Market challenges 

PART 12: Impact of drivers and challenges 

PART 13: Market trends 

PART 14: Vendor landscape

PART 15: Key vendor analysis

For more information visit http://www.researchandmarkets.com/research/bm8r5z/global

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SOURCE Research and Markets