Global Bio-based Adhesives & Sealants Market 2021 is expected to register a CAGR of 4.49%, during forecast period with Impact of Covid 19 Analysis

Bio-based

Global “Bio-based Adhesives & Sealants Market” Report 2021 (value and volume) by company, regions, product types, end industries, history data and estimate data. Also, Report contains a comprehensive analysis of the important segments like market opportunities, import/export details, market dynamics, key manufacturers, growth rate, and key regions. This report focuses on the Bio-based Adhesives & Sealants in the Global market, especially in the United States, Europe, China, Japan, South Korea, North America, India. Bio-based Adhesives & Sealants Market report categorizes the market based on manufacturers, regions, type, and application. Bio-based Adhesives & Sealants Market reports offer a detailed assessment of the Bio-based Adhesives & Sealants including enabling technologies, current market situation, market assumptions, restraining factors.

The Global Bio-based Adhesives & Sealants market swot is provided for the international markets including progress trends, competitive landscape breakdown, and key in regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed.

TO UNDERSTAND HOW COVID-19 IMPACT IS COVERED IN THIS REPORT – REQUEST SAMPLE

The market for bio-based adhesives & sealants is expected to register a CAGR of 4.49% during the forecast period, 2018 to 2023. This growth is primarily driven by the increasing demand from the packaging sector and stringent regulations for conventional adhesives in the United States.

Increasing Demand from the Packaging Sector
Bio-based adhesives are finding increasing applications in the packaging sector, majorly for PET container packaging, flexible packaging, corrugated boards, carton side seams, and film-foil laminates. Flexible packaging is the second-largest packaging application segment of the overall packaging market, owing to various advantages, such as requiring 91% less material than rigid packaging, and about 96% of space saving. In the food industry, flexible packaging is being largely preferred due to its moisture absorption properties, product freshness, and temperature control while maintaining the shelf life of the product.

Demand for lightweight and innovative packaging solutions from the food industry is majorly driving the consumption of bio-based adhesives. Corrugated boxes are among the fastest growing packaging materials. These boxes are the favored choice of various industries, such as food and beverage, automotive, FMCG, pharmaceutical, durable goods, and tobacco, among others. Expanding e-retailing business, and the usage of recycled paper, are fuelling the demand for corrugated boxes. Moreover, rising industrial activity, especially in the manufacturing and retail industry, is the major driver for the demand for corrugated boxes, as they are used for protection and transportation of goods. Also, many research activities are being carried out for sorting out newer bio-based adhesives for usage as tapes, in packaging applications. For instance, engineers at the University of Delaware have successfully developed a technique to produce packaging tapes from lignin.

Soy Raw Material Segment to Contribute Significant Demand to the Market
Soy is a renewable and a user-friendly raw material that is widely used for manufacturing of adhesives used in wood composites manufacturing. Soy-based adhesives are considered as alternatives for urea formaldehyde and phenol-based adhesives. Soy raw material occupies the largest share of the total raw materials that are used for the manufacturing of bio-based adhesives and sealants. The major factor that is considered for the replacement of soy over others, is the increase in the raw material prices for urea (made from methanol that is made from natural gas and is the product of ammonia and formaldehyde) and phenol (derived from benzene). Recently, the International Agency for Cancer Research Institute has classified formaldehyde as a known carcinogen that creates health-related problems for the manufactures and the end users of wood composites. Even though both phenol-formaldehyde and urea are not completely replaced by soy-based adhesives, manufacturers are fast developing new technologies that improve the performance of these soy-based adhesives and to find products that are commercially viable. The most recent technology involves the usage of soy flour/soy meal in formaldehyde-free adhesives manufacturing, to minimize the formaldehyde emissions from the resin in the wood composite boards.

One of the biggest successes of the United Soybean Board funded research program is the usage of soy in the formaldehyde-free glues for use in the interior hardwood plywood segment. Naturally, available soy protein exhibits less strength and less resistance to water. Soybean protein unfolding and modification is necessary for achieving better adhesion, as well as, good properties in manufactured products of soybean-based adhesives. Different chemicals that are used to unfold soybean proteins are organic solvents, alkaline, surfactants, guanidine, urea, and protease enzymes.

Currently, there are four methods for the development of soybean-based adhesives. The first one is the addition of soybean flour to the synthetic adhesives that reduces consumption of the synthetic adhesives. The second method is the use of soy flour as an extender in the PF resins for plywood manufacturing. The third method is the denaturation of soy proteins. The soybean protein is first denatured under various conditions and chemicals and is later used as adhesives. The fourth method is by the usage of cross-linking agent for curing soybean protein and is later used as an adhesive.

Europe to Dominate the Market
Europe represented the largest regional market for global bio-based adhesives & Sealants market in 2017. This immense demand for bio-based adhesives & sealants is a consequence of the growing stringent environmental regulations for conventional adhesives in the region. In Europe, Germany provides the major market for the bio-based adhesives & Sealants with more than 29% of the regional market share. The growing packaging, woodworking and construction industries in the countries like France, Germany, and Italy are further augmenting the demand for bio-based adhesives & sealants market. There is a growing demand for small size as well as premium packaging from the personal care and food & beverage sectors in Europe. Despite the predominant usage of conventional adhesives in the packaging sector currently, the shift towards bio-based adhesives is expected to take place at a steady rate in the coming years.

Get a Sample PDF of Report @ https://www.360marketupdates.com/enquiry/request-sample/12887651

The global Bio-based Adhesives & Sealants market covers the vision of participant analysis by product types, market share, applications, sales, and revenue.

Bio-based Adhesives & Sealants Market Report covers the Top Key-players in 2021:-

  • 3M Company-Arkema Group (Bostik SA) -Artimelt AG-Ashland Inc.-DowDuPont Inc. -H.B. Fuller -Henkel AG & Company
  • KGaA -Huntsman International LLC-Ingredion Incorporated -Mapei S.p.A-Master Bond Inc. -Paramelt B.V. -Sika AG -Solenis

Highlighted points of Bio-based Adhesives & Sealants Market Size:

  • Covers the varying market dynamics of the industry.
  • In-depth analysis of market risks, opportunities, limitations, and growth of the market.
  • Includes market driving and restraining factors.
  • Participants profiles along with product description, overview, and business data.
  • Include details of five years of forecast analysis by types, regions, and applications.

Inquire more and share questions if any before the purchase on this report @ https://www.360marketupdates.com/enquiry/pre-order-enquiry/12887651

This Bio-based Adhesives & Sealants Market Research/analysis Report Contains Answers to your following Questions

  • Which Manufacturing Technology is Used for Bio-based Adhesives & Sealants? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
  • Who Are the Global Key Players in This Bio-based Adhesives & Sealants Market? What’s Their Company Profile, Their Product Information, Contact Information?
  • What Was Global Market Status of Bio-based Adhesives & Sealants Market? What Was Capacity, Production Value, Cost and PROFIT of Bio-based Adhesives & Sealants Market?
  • What Is Current Market Status of Bio-based Adhesives & Sealants Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Bio-based Adhesives & Sealants Market by Taking Applications and Types in Consideration?
  • What Are Projections of Global Bio-based Adhesives & Sealants Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What About Import and Export?
  • What Is Bio-based Adhesives & Sealants Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
  • What Is Economic Impact On Bio-based Adhesives & Sealants Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
  • What Are Market Dynamics of Bio-based Adhesives & Sealants Market? What Are Challenges and Opportunities?
  • What Should Be Entry Strategies, Countermeasures to Economic Impact, Marketing Channels for Bio-based Adhesives & Sealants Industry?

Key Developments in the Bio-based Adhesives & Sealants Market:

  • Major developments in 2017 covered in the report
  • And the latest major developments in 2018 covered in the report

    Reasons to Purchase this ReportIdentify the current and future prospects of the global bio-based adhesives & sealants market in the developed and emerging marketsAnalyze various perspectives of the market with the help of Porter’s five forces analysisInformation about the growth of the various end-user industries that are expected to dominate the marketRegional and country level analysis of the marketIdentify the latest developments, market shares, and strategies employed by the major market players3 months analyst support, along with the Market Estimate sheet (in Excel)

    Purchase this report (Price 4250 USD for a single-user license) @ https://www.360marketupdates.com/purchase/12887651

    Finally, the report Global Bio-based Adhesives & Sealants Market 2021 describes the Bio-based Adhesives & Sealants industry expansion game plan, the Bio-based Adhesives & Sealants industry knowledge supply, appendix, analysis findings, and the conclusion.

    About 360 Market Updates:

    360 Market Updates is a credible source for gaining the market reports that will provide you with the lead your business needs. At 360 Market Updates, our objective is to provide a platform for many top-notch market research firms worldwide to publish their research reports, as well as helping the decision-makers in finding the most suitable market research solutions under one roof. Our aim is to provide the best solution that matches the exact customer requirements. This drives us to provide you with custom or syndicated research reports.

    Contact Info: –

    360 Market Updates

    Mr. Ajay More

    USA: +1 424 253 0807

    UK: +44 203 239 8187

    [email protected]

    Mustard Market Report Survey 2021 with Top Countries Data Industry Price Trend, Size Estimation, Industry Outlook, Business Growth, Report Latest Research, Business Analysis and Forecast Analysis Research | With Covid 19 Analysis

    Global Synthetic Vitamin E Market Growth 2021-2026 With Top Countries Data Industry Share, Size, Revenue, Latest Trends, Business Boosting Strategies, CAGR Status, Growth Opportunities and Forecast | With Covid 19 Analysis

    Trehalose Market Report Survey 2021 with Top Countries Data Industry Price Trend, Size Estimation, Industry Outlook, Business Growth, Report Latest Research, Business Analysis and Forecast Analysis Research | With Covid 19 Analysis

    Global Patrol Boats Market Analysis 2021 with Top Countries Data Industry Share, Size, Revenue, Latest Trends, Business Boosting Strategies, CAGR Status, Growth Opportunities and Forecast | With Covid 19 Analysis

    Global Gas Spring Market Growth 2021 with Top Countries Data Worldwide Overview By Industry Size, Market Share, Future Trends, Growth Factors and Leading Players Research Report Analysis | With Covid 19 Analysis

    Global Prosthetic Foot Market Report 2021 with Top Countries Data to Showing Impressive Growth by Industry Trends, Share, Size, Top Key Players Analysis and Forecast Research | With Covid 19 Analysis

    Global Transcranial Magnetic Stimulators (TMS) Market 2021-2025 Covid 19 Impact on Top Countries Data: Industry Trends, Growth, Size, Segmentation, Future Demands, Latest Innovation, Sales Revenue by Regional Forecast

  • Previous post The impact of COVID-19 on Natural Gas Fire Tube Industrial Boiler Market Share, Revenue, Drivers, Trends and Influence Factors Historical & Forecast Till 2026
    Next post Global Glass Bottles and Containers Market 2021 : Industry Share, Size, Price, Segmentation, Upcoming Projects and Opportunity, Current Trend and Forecast till 2026