Bioadhesives Market Size, Share & Trends Analysis Report By Type (Plant-based, Animal-based), By Application (Boxes and Cartons, Foil Laminates, Labels & Envelopes, Cigarettes & Filters, Cosmetics, Wood Works, Flooring, Others), By End Use (Paper and Packaging, Building & Construction, Personal Care & Cosmetics, Healthcare, Others) and By Region(North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2024-2032

Market Overview

The global bioadhesives market size was valued at USD 4158.5 million in 2023. It is expected to reach USD 6835.1 million by 2032, growing at a CAGR of 5.8% during the forecast period (2024–2032).

Bioadhesives are a broad category that includes naturally occurring polymeric substances that exhibit adhesive properties and synthetic substances that have been modified to bind to biological surfaces. Glues derived from biological intermediates such as cellulose, starch, or gelatines are also included in this category.

Examples of these glues include: As an alternative to synthetic adhesives, bioadhesives have seen a rise in popularity over the past few years because they are better for the environment and are crafted from materials that can be replenished. Consequently, they find widespread application in various industries, from the medical field to the packaging industry.

The demand for bioadhesives is rising because of consumers' growing awareness of the harmful effects that synthetic materials can have on their health and their shifting preferences toward natural goods. In addition, the development of the market has been helped by stringent government regulations for environmental production and encouraging the use of products derived from biological sources. Because of this, manufacturers have been motivated to develop cutting-edge bioadhesive materials. In addition to these factors, the growth of end-use industries, rising levels of research and development spending, and rising levels of investment contribute to expanding the global bioadhesives market. The ever increasing demand for biomedical applications in the healthcare industry provides a significant impetus for growth in the global market for bioadhesives. In addition, the global industry of bioadhesives is benefiting from increasingly stringent environmental legislation and increased awareness among consumers of the potentially hazardous effects of synthetic materials.

Market Dynamics

Regulations and Policies Prohibiting the Use of Petrochemical to Aid Growth

Due to the growing environmental concerns and the increasing number of laws regulating certain activities, the governments of several countries have begun to implement regulations that require the use of bio-based materials for various purposes. In addition, manufacturers of adhesives worldwide are shifting their attention to bio-products to ensure safety and prevent the complications and dangers to the health caused by volatile organic compound (VOC) emissions from synthetic or synthetic, or petro-based adhesives. The emissions of synthetic or petro-based adhesives can bring these complications and dangers to health. The European Union and the U.S. place significant emphasis on regulating matters relating to the natural environment. In the United States, the Environmental Protection Agency (EPA) and the Food and Drug Administration (FDA) both support the use of bio-based adhesives as opposed to conventional petroleum-based varieties (FDA). As a result, it is beneficial to encourage research and development and investments in environmentally sustainable products derived from biomaterials. This is because of the positive effects that these would have.

Biotechnological Innovations and Developments to Augment Market Growth Prospect

The primary forces driving growth in the bioadhesives market are the advancement of biotechnology, the imposition of environmental regulations on petrochemical adhesives, and the growth of the packaging industry. It is anticipated that the technological advances and research and development carried out within the biotechnology industry will continue to encourage the utilization of naturally derived adhesives for packaging. This is because of the numerous advantages that naturally derived adhesives offer. These adhesives are discovering an increasing number of uses in the packaging industry. They are being incorporated into the production of rigid cardboard boxes, multi-layer films, tapes, and labels, among other things.

In addition to, the product's properties, such as its durability and elasticity, can be improved with the assistance of these environmentally friendly adhesives. This improvement can be seen in addition to the product's properties. In addition, stringent governmental restrictions on using petrochemical-based derivatives promote their replacement with goods produced organically, boosting the bioadhesives market. These restrictions also encourage the replacement of goods produced organically with petrochemical-based results. Additionally, an increase in disposable income is leading to high demand for personal care products as well as products based on wood. This, in turn, fuels the demand for bio-based adhesion products worldwide.

Market Restraining Factors

Competition from Substitutes is Hampering the Market

Bioadhesives are adhesives that are produced from renewable materials and have the potential to replace adhesives that are based on petroleum. There is a significant risk that synthetically generated adhesives will replace bioadhesives shortly because these adhesives are less expensive and more straightforward to produce. Manufacturers of bioadhesives need to center their efforts on building bio-based products at competitive prices if they want to break into large markets and overcome resistance to change. The primary market sectors view this problem as an opportunity to develop technology for the manufacturing of high-performance bioadhesives at prices that are affordable to consumers. The restricted capabilities of bioadhesives have been a barrier to the widespread use of bio and environmentally friendly adhesives in several different applications. The continued investigation into the performance capabilities of bioadhesives is one of the factors that has stifled the growth of the bioadhesives market.

Key Market Opportunities

Growing Demand for Environmentally Friendly Products to Boost Market Opportunities

The growth of the international market for bioadhesives can be attributed to a variety of different factors. These factors include a shift in consumer preferences toward environmentally friendly products and increasing awareness about sustainability and greener products. Other factors include increasing the number of people concerned about greener products. The global chemical industry is investing in the research and development of novel bio-based chemicals. Additionally, the initiative encourages producers to develop products that do not contain volatile organic compounds (VOCs).

As a direct result of this, the current demand in the global market for chemicals and materials for products that are kind to the environment presents a fantastic opportunity for market expansion. In addition, the growing demand for environmentally friendly or green structures opens the door to opportunities for developing environmentally friendly and sustainable adhesive solutions. Green adhesives are adhesives that are not only harmless to the environment but also beneficial to the people living in the building in which they are used. These adhesives are made from bio-based, renewable, recycled, remanufactured, or biodegradable components.

Regional Analysis

The global bioadhesives market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The Asia-Pacific bioadhesives market is projected to grow at a CAGR of 5.8% during the forecast period. The Europe bioadhesives market is projected to reach USD 2918.1 million by 2032, registering a CAGR of 6.2% during the forecast period.

The bioadhesives market in North America is studied throughout the U.S., Canada, and Mexico. The North American region is expected to dominate the global bioadhesives market, with its growing demand in different application segments, especially packaging & paper, and construction. This market is driven by the ever-increasing demand for packaging and healthcare applications.

Segmental Analysis

The global bioadhesives market is segmented into types and applications.

By Type

Based on type, the plant-based segment was the highest contributor to the market, growing at a CAGR of 5.8% during the forecast period. For the production of adhesives, biodegradable and biological plant-based renewable resources are being used in place of petroleum-based raw materials. To meet the rising demand for adhesives across a range of vertical industries, companies that use bio-based ingredients are predicted to introduce technological advances. Environmental restrictions and consumer demand for environmentally friendly products are rising, forcing manufacturers to create products using bio-based materials. Typical applications for plant-based adhesives include paper & packaging, woodworking, personal care, and pharmaceuticals. There are numerous plant-based adhesives, including lignin, starch, and soybean.

In addition, the lack of natural resources has led to the discovery of new raw material sources. Starch is a very cheap raw material for making adhesives compared to oil and natural gas. In-depth research has been done recently to improve the starch-based adhesives' ability to bond. The roots, seeds, and stalks of staple crops like corn, rice, tapioca, wheat, and potato make starch-based adhesives. These adhesives are primarily used in applications involving wood and furniture.

By Application

Based on the application, the paper and packaging segment was the highest contributor to the market, growing at a CAGR of 5.8% during the forecast period. The study's covered applications include paper & packaging, building, woodworking, personal care, and medical.

The market for bioadhesives is currently dominated by the paper & packaging segment, and this trend is anticipated to last throughout the forecast period. Among the uses for paper and packaging are labels, bags, cartons, disposables, envelopes, foil laminates, and remoistenable goods. Consumer goods like food cartons or packets, envelopes, paper bags, and other materials are combined by bioadhesives based on starch, dextrin, protein, and other green adhesives. Paper and packaging are leading in various applications, including laminated printed sheets, cigarettes and filters, flexible packaging, and specialty packaging. Since adhesive components contain mineral oil, which poses no health risks, they are also used in the frozen food and beverage industries for packaging purposes.

Impact of covid-19

Covid-19 had some profound adverse impacts on the global advanced ceramics market.

COVID-19 spread across the world from China, making the whole world stand still and to a complete lockdown situation. Covid-19 is an infectious disease that was caused by a newly discovered coronavirus. During the time, the fatality rate among the population above 40 was also high globally. The disease causes severe illness for people suffering from medical conditions like diabetes, cardiovascular disease, chronic respiratory disease, etc.

Considering the situation during that time, it was declared a pandemic which led to numerous countries, including the major economies like China, the United States, India, and others, implementing lockdowns which adversely affected the global economy.

In the first two quarters of 2020, the economic and industrial operations temporarily halted. Almost every manufacturing unit where advanced ceramics is used, such as electrical and electronics, transportation, industrial, chemical, and other End-user Industries (except medical), reduced their manufacturing capacities due to the lack of workers. The lockdown implemented put a halt to global supply chains. This resulted in repercussions in terms of both production and demand for advanced ceramics.

Market Recovery Timeline and Challenges

With time the lockdowns were uplifted, and relaxation was made to the public. Gradually, the economy picked up the pace and started its operations, bringing the demand in the global advanced ceramics market and increasing among various industries. As the situation improved during the initial months of 2021, the economies also strengthened their fiscal policies and initiated their development process; the end-user industries began their activities, bringing the overall ceramics market back on track.

Recent Developments

• In Feb 2022, Ashland launched Polyclar™ brew rite granules, a more straightforward solution for upstream clarification.