MRO Magazine

Global Bioadhesives Market Growth of 13.33% CAGR by 2020 – Key Vendors are Henkel, Paramelt & Ashland – Research and Markets


May 24, 2016
By Business Wire News

DUBLIN

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.

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/2gcmdv/global

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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Sector: Adhesives and Sealants