Bio-Based Adhesives Market to Reach USD 7 Billion by 2027. Paper & Packaging Industry is the largest end-user with 33% Market Share - Arizton

CHICAGO, Nov. 29, 2022 /PRNewswire/ -- According to Arizton's latest research report, the bio-based adhesives market will grow at a CAGR of 4.9% from 2021-2027.

The paper & packaging bio-based adhesive industry in North America & Europe will likely contribute around $1.6 billion in revenue in 2027. The paper and packaging market is the most critical sector for bio-based adhesives. Adhesives have been playing a significant role in the paper & packaging industry. They are used as a bonding agent in every small or large packaging activity, ranging from laminating & packaging of cardboard containers, beverage cans, sags, and frozen food products. Moreover, conventionally, water-based, hot melt, or solvent-based adhesives, were used as adhesives in the paper & packaging industries. North America emerged as one of the leading bio-based adhesives markets, accounting for 41% share.

Bio-Based Adhesives Market Report Scope

To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments. Request for free sample report

Bio-Based Adhesives Emerging as an ideal alternative to Conventional Adhesives

The surge in the price of petrochemicals and the depletion of crude oil reserves worldwide is also stimulating the demand for bio-based adhesives. Bio-based adhesives are ideal alternatives to conventional adhesives based on petroleum products, which are harmful to the environment. The less toxic, high adhesive strength, metal adhesion, higher crosslinking density, and metal adhesion properties make bio-based adhesives suitable for wood, packaging, construction, and decorative industries. Thus, the global bio-based adhesive market is set to experience significant growth during the forecast period.

Due to product line extensions and continuous innovations, the market competition is expected to intensify further in the upcoming years. The scope for product differentiation is low in the market, and quality, functionality, price, and after-sales services, are decisive variables that affect the sales of bio-based adhesive products. The growth of vendors also depends on their financial well-being, which impacts technological advances and investment in various regions in expansion and the bio-based adhesives market.

Why Should You Buy this Research Report?

• In-depth coverage of bio-based adhesive segments such as application and type.
• Recent developments in the field of bio-based adhesives.
• Extensive coverage of major players in the market.
• Coverage around Value chain, Consumer insights, and Regulations in different regions

Paper and Packaging Bio-Based Adhesives Market to Reach $2 Billion by 2027

Henkel, Jowat, Infinity Bond, Toyo-Morton, and Beardow Adams, are some key players offering bio-based adhesives for packaging material. Bio-based adhesives have become a prominent choice among the key vendors of the packaging industry due to their natural composition and ability to adhere well when applied on high-surface tension substrates and permeable surfaces. Moreover, consumers' needs and demand for quality goods are changing and growing faster in all developing countries.

New Product Developments in this Market are:

• pressure-sensitive bio-based adhesives,
• bio-based adhesives for disposable hygiene products,
• bio-based adhesives for the automotive and composites sectors,
• sustainable high-performance debondable adhesives for smartphones,
• sustainable adhesives for flexible packaging
• bio-based adhesives for electric vehicles

Key Vendors Profiled In The Report:

• Bostik
• Beardow Adams
• Henkel
• Jowat
• Borregaard
• Conagen
• Duraxix Industries
• Follmann GmbH & Co.
• H.B. Fuller
• Infinity Bond
• Intercol
• Kiilto
• LD Davis
• TOYOCHEM
• Weiss Chemie + Technik GmbH & CO. KG

The report also includes market size, growth forecast, and trends analysis on the following segments:

Feedstock

• Sugar
• Glycerol
• Oil & Fats
• Biogas
• Others

Application

• Paper & Packaging
• Construction
• Woodworking
• Personal Care
• Medical Equipment
• Others

Geographical Landscape

• APAC
• China
• South Korea
• Japan
• Indonesia
• India
• Rest of APAC
• North America
• The U.S.
• Canada
• Europe
• Germany
• Sweden
• Italy
• Russia
• France
• Rest of Europe
• Latin America
• Brazil
• Mexico
• Rest Of Latin America
• Middle East & Africa
• Turkey
• South Africa
• South Arabia
• Rest of the Middle East & Africa

Table of Content

1 RESEARCH METHODOLOGY

2 RESEARCH OBJECTIVES

3 RESEARCH PROCESS

4 SCOPE & COVERAGE

4.1 MARKET DEFINITION

4.1.1 INCLUSIONS

4.1.2 EXCLUSIONS

4.1.3 MARKET ESTIMATION CAVEATS

4.2 BASE YEAR

4.3 SCOPE OF THE STUDY

4.3.1 MARKET SEGMENTATION BY GEOGRAPHY

5 REPORT ASSUMPTIONS & CAVEATS

5.1 KEY CAVEATS

5.2 CURRENCY CONVERSION

5.3 MARKET DERIVATION

6 PREMIUM INSIGHTS

6.1 GLOBAL BIO-BASED ADHESIVES MARKET 2021-2027

6.2 MARKET DYNAMICS: KEY TRENDS, DRIVERS, AND RESTRAINTS

6.2.1 MARKET TRENDS

6.2.2 MARKET DRIVERS

6.2.3 MARKET RESTRAINTS

6.3 SEGMENT ANALYSIS

6.3.1 INSIGHTS BY FEEDSTOCK

6.3.2 INSIGHTS BY APPLICATION

6.3.3 GEOGRAPHICAL ANALYSIS

6.3.4 COMPETITIVE LANDSCAPE

7 MARKET AT A GLANCE

8 INTRODUCTION

8.1 OVERVIEW

8.1.1 EXPORT & IMPORT ANALYSIS OF BIODEGRADABLE ADHESIVES

8.2 VALUE CHAIN ANALYSIS

8.2.1 RAW MATERIAL SUPPLIER

8.2.2 MANUFACTURERS

8.2.3 DISTRIBUTORS

8.2.4 END-USE

8.3 CONSUMER BEHAVIORIAL INSIGHTS

8.4 REGULATION & LABELS

8.4.1 THE US GREEN BUILDING COUNCIL

8.4.2 CALIFORNIA AIR RESOURCES BOARD

8.4.3 EN 16785- VERIFIES BIO-BASED CONTENT

8.4.4 EN 13432- EVALUATES BIODEGRADABILITY

9 MARKET OPPORTUNITIES & TRENDS

9.1 ESCALATING DEMAND FROM THE PACKAGING INDUSTRY

9.2 INCREASING CONSTRUCTION OF LOW-CARBON BUILDINGS

10 MARKET GROWTH ENABLERS

10.1 INCREASING CRUDE OIL PRICES

10.2 CONTINUOUS INNOVATION & NEW PRODUCT LAUNCH BY INDUSTRY PLAYERS

10.3 RISING SUSTAINABILITY ASPECT

11 MARKET RESTRAINTS

11.1 STIFF COMPETITION FROM LOW VOC ADHESIVE

11.2 ISSUE WITH CERTAIN BIO-BASED ADHESIVE FEEDSTOCK

12 MARKET LANDSCAPE

12.1 MARKET OVERVIEW

12.2 MARKET SIZE & FORECAST

12.3 FIVE FORCES ANALYSIS

12.3.1 THREAT OF NEW ENTRANTS

12.3.2 BARGAINING POWER OF SUPPLIERS

12.3.3 BARGAINING POWER OF BUYERS

12.3.4 THREAT OF SUBSTITUTES

12.3.5 COMPETITIVE RIVALRY

13 FEEDSTOCK

13.1 MARKET SNAPSHOT & GROWTH ENGINE

13.2 MARKET OVERVIEW

13.2.1 INTRODUCTION

13.3 SUGAR

13.4 GLYCEROL

13.5 OIL & FATS

13.6 BIOGAS

13.7 OTHERS

14 APPLICATION

14.1 MARKET SNAPSHOT & GROWTH ENGINE

14.2 MARKET OVERVIEW

14.3 PAPER & PACKAGING

14.4 CONSTRUCTION

14.5 WOODWORKING

14.6 PERSONAL CARE

14.7 MEDICAL EQUIPMENT

14.8 OTHERS

15 GEOGRAPHY

15.1 MARKET SNAPSHOT & GROWTH ENGINE

15.2 GEOGRAPHIC OVERVIEW

16 NORTH AMERICA

16.1 MARKET OVERVIEW

16.2 MARKET SIZE & FORECAST

16.3 FEEDSTOCK

16.3.1 MARKET SIZE & FORECAST

16.4 APPLICATION

16.4.1 MARKET SIZE & FORECAST

16.5 KEY COUNTRIES

16.5.1 US: MARKET SIZE & FORECAST

16.5.2 CANADA: MARKET SIZE & FORECAST

17 APAC

17.1 MARKET OVERVIEW

17.2 MARKET SIZE & FORECAST

17.3 FEEDSTOCK

17.3.1 MARKET SIZE & FORECAST

17.4 APPLICATION

17.4.1 MARKET SIZE & FORECAST

17.5 KEY COUNTRIES

17.5.1 CHINA: MARKET SIZE & FORECAST

17.5.2 JAPAN: MARKET SIZE & FORECAST

17.5.3 INDIA: MARKET SIZE & FORECAST

17.5.4 SOUTH KOREA: MARKET SIZE & FORECAST

17.5.5 INDONESIA: MARKET SIZE & FORECAST

17.5.6 REST OF APAC: MARKET SIZE & FORECAST

18 EUROPE

18.1 MARKET OVERVIEW

18.2 MARKET SIZE & FORECAST

18.3 FEEDSTOCK

18.3.1 MARKET SIZE & FORECAST

18.4 APPLICATION

18.4.1 MARKET SIZE & FORECAST

18.5 KEY COUNTRIES

18.5.1 GERMANY: MARKET SIZE & FORECAST

18.5.2 SWEDEN: MARKET SIZE & FORECAST

18.5.3 RUSSIA: MARKET SIZE & FORECAST

18.5.4 ITALY: MARKET SIZE & FORECAST

18.5.5 FRANCE: MARKET SIZE & FORECAST

18.5.6 REST OF EUROPE: MARKET SIZE & FORECAST

19 LATIN AMERICA

19.1 MARKET OVERVIEW

19.2 MARKET SIZE & FORECAST

19.3 FEEDSTOCK

19.3.1 MARKET SIZE & FORECAST

19.4 APPLICATION

19.4.1 MARKET SIZE & FORECAST

19.5 KEY COUNTRIES

19.5.1 BRAZIL: MARKET SIZE & FORECAST

19.5.2 MEXICO: MARKET SIZE & FORECAST

19.5.3 REST OF LATIN AMERICA: MARKET SIZE & FORECAST

20 MIDDLE EAST & AFRICA

20.1 MARKET OVERVIEW

20.2 MARKET SIZE & FORECAST

20.3 FEEDSTOCK

20.3.1 MARKET SIZE & FORECAST

20.4 APPLICATION

20.4.1 MARKET SIZE & FORECAST

20.5 KEY COUNTRIES

20.5.1 TURKEY: MARKET SIZE & FORECAST

20.5.2 SOUTH AFRICA: MARKET SIZE & FORECAST

20.5.3 SAUDI ARABIA: MARKET SIZE & FORECAST

20.5.4 REST OF MIDDLE EAST & AFRICA: MARKET SIZE & FORECAST

21 COMPETITIVE LANDSCAPE

21.1 COMPETITION OVERVIEW

22 KEY COMPANY PROFILES

22.1 BOSTIK (ARKEMA)

22.1.1 BUSINESS OVERVIEW

22.1.2 BOSTIK (ARKEMA) IN BIO-BASED ADHESIVE MARKET

22.1.3 FINANCIAL OVERVIEW

22.1.4 PRODUCT OFFERINGS

22.1.5 KEY STRATEGIES

22.1.6 KEY STRENGTHS

22.1.7 KEY OPPORTUNITIES

22.2 BEARDOW ADAMS

22.3 HENKEL

22.4 JOWAT

23 OTHER PROMINENT VENDORS

23.1 BORREGAARD

23.1.1 BUSINESS OVERVIEW

23.1.2 PRODUCT OFFERINGS

23.2 CONAGEN

23.3 DURAXIX INDUSTRIES

23.4 FOLLMANN GMBH & CO.

23.5 HB FULLER

23.6 INFINITY BOND

23.7 INTERCOL

23.8 KIILTO

23.9 LD DAVIS

23.10 TOYOCHEM

23.11 WEISS CHEMIE + TECHNIK GMBH & CO. KG

24 REPORT SUMMARY

24.1 KEY TAKEAWAYS

24.2 STRATEGIC RECOMMENDATIONS

25 QUANTITATIVE SUMMARY

25.1 MARKET BY FEEDSTOCK

25.1.1 SUGAR

25.1.2 GLYCEROL

25.1.3 OIL & FATS

25.1.4 BIOGAS

25.1.5 OTHERS

25.2 APPLICATION

25.2.1 PAPER & PACKAGING

25.2.2 CONSTRUCTION

25.2.3 WOODWORKING

25.2.4 PERSONAL CARE

25.2.5 MEDICAL EQUIPMENT

25.2.6 OTHERS

26 GEOGRAPHY

26.1 NORTH AMERICA

26.1.1 FEEDSTOCK

26.1.2 APPLICATION

26.2 EUROPE

26.2.1 FEEDSTOCK

26.2.2 APPLICATION

26.3 APAC

26.3.1 FEEDSTOCK

26.3.2 APPLICATION

26.4 LATIN AMERICA

26.4.1 FEEDSTOCK

26.4.2 APPLICATION

26.5 MIDDLE EAST & AFRICA

26.5.1 FEEDSTOCK

26.5.2 APPLICATION

27 APPENDIX

27.1 ABBREVIATIONS

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