Bioadhesive - Global Market Outlook (2019 -2027)
According to Stratistics MRC, the Global Bioadhesive Market is accounted for $5.16 billion in 2019 and is expected to reach $12.78 billion by 2027 growing at a CAGR of 12.0% during the forecast period. Growing demand from end-use industries and continuous fluctuation in prices of crude oil are some of the factors propelling the growth of the market. However, limited performance capabilities as compared to conventional adhesives are hampering the growth of the market.
Bioadhesives are polymers that can adhere to a biological tissue for an extended period. The factors that affect the mucin layer of a mucosal tissue are molecular weight, the flexibility of polymer chain, applied strength, swelling, disease state, etc. They are either natural or synthetic polymer.
Based on the application, the medical segment is expected to grow at a significant market share during the forecast period due to the growing population and responsiveness regarding benefits from bio-based products. Bioadhesives are well-matched for use in biomedical applications, which involve skin or body tissue. Thus, the growing use of bioadhesives in the medical segment is likely to drive the market in the future.
By geography, Asia Pacific is anticipated to hold considerable market share during the forecast period due to the presence of rapidly developing healthcare technology, huge patient population, and high healthcare expenditure. Moreover, increasing demand for new treatment methods in countries like India, China, and South Korea is likely to emerge as the fastest-growing market across the globe. Furthermore, Asia Pacific is considered the major importer from Europe, which makes them a focused market.
Some of the key players profiled in the Bioadhesive Market include 3M Co., Arkema SA, Beardow & Adams (Adhesives) Ltd., Bio Adhesive Alliance Inc., Cargill Inc., Coöperatie AVEBE UA, Danimer Scientific, Henkel AG & Co. KGaA, Ingredion Inc., LD Davis Industries Inc., The Dow Chemical Company, H.B. Fuller, Ashland Inc., Ecosynthetix Inc., and Paramelt B.V.
• Biomimetic Adhesives
• Biocompatible Adhesives
• Biological Adhesives
• Natural Adhesives
Life Cycles Covered:
• Temporary Adhesion
• Permanent Adhesion
• Binding Strength
• Increase Performance
Production Methods Covered:
• Natural Organisms Farming
• Direct Chemical Synthesis
• Bacteria and Yeast Fermentation
• Construction (Floors)
• Personal Care
• Paper & Pulp Industries
• Drug Delivery
• Tissue Substitutes
• Tissue Repair
• Direct Sales
End Users Covered:
• Dental Clinic
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019 2020, 2024, and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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o Comprehensive profiling of additional market players (up to 3)
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• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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