Global Bioadhesives Market Growth of 13.33% CAGR by 2020 – Key Vendors are Henkel, Paramelt & Ashland – Research and Markets
By Business Wire News
By Business Wire News
Research and Markets has announced the addition of the “Global Bioadhesives Market 2016-2020” report to their offering.
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.
- Dow Chemical Company
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/2gcmdv/global
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Sector: Adhesives and Sealants