The global bioadhesives market was valued at $3.7 billion in 2020, and is projected to reach $5.2 billion by 2028, growing at a CAGR of 4.4% from 2021 to 2028.

Natural polymeric materials with adhesive properties as well as materials engineered to bind to biological surfaces are referred to as bioadhesives. Glues made from biological intermediates, such as cellulose, starch, or gelatins, are also included. Bioadhesives have grown in popularity in recent years as they are environment-friendly and made from renewable materials as opposed to synthetic adhesives. As a result, they are widely used in a variety of industries from medical to packaging.
Bioadhesives are in higher demand as consumers have become more conscious of the negative effects of synthetic materials and their changing preference for natural products. Furthermore, strict government regulations for environmental production and encouragement of the use of biologically derived products have aided the market's development. This has prompted manufacturers to develop innovative bioadhesive materials. Other factors driving the growth of the global bioadhesives market include the expansion of end-use industries, rise in R&D, and increased investment. The global bioadhesives market is being boosted by the rising demand for biomedical applications in the health sector. Furthermore, the global bioadhesives industry is being boosted by more stringent environmental legislation and consumer perception of the harmful effects of synthetic materials.
The global bioadhesives market is segmented into type, application, and region. Depending on type, the market is divided into plant based and animal based. On the basis of application, it is differentiated into paper & packaging, construction, woodworking, personal care, medical, and others. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Major players operating in the global bioadhesives market include Adhesives Research, Inc., Arkema, Ashland Global Holdings Inc., Beardow Adams, Camurus, DuPont de Nemours, Inc., Henkel AG, Jowat SE, Paramelt BV, and U.S. Adhesives.
KEY BENEFITS FOR STAKEHOLDERS
? The report provides in-depth analysis of the global bioadhesives market along with the current trends and future estimations.
? This report highlights the key drivers, opportunities, and restraints of the market along with the impact analysis during the forecast period.
? Porter's five forces analysis helps to analyze the potential of the buyers & suppliers and the competitive scenario of the global bioadhesives industry for strategy building.
? A comprehensive market analysis covers factors that drive and restrain the global bioadhesives market growth.
? The qualitative data about market dynamics, trends, and developments is provided in the report.
IMPACT OF COVID-19 ON THE GLOBAL BIOADHESIVES MARKET
- COVID-19 has spread to almost 213 countries around the globe with the World Health Organization declaring it a public health emergency on March 11th, 2020.
- Some of the major economies suffering from the COVID-19 crises include Germany, France, Italy, Spain, the UK, and Norway.
- Bioadhesive is primarily used in paper & packaging, construction, woodworking, personal care, and medical sectors. Furthermore, due to the impact of national lockdown, these sectors were experiencing slight decline in the growth rate.
- In many countries, the economy dropped due to the halt of several industries, especially transport and supply chain. Demand for the product has been hindered as there is no development due to the lockdown.
- The demand-supply gap, disruptions in raw material procurement, and price volatility are expected to hamper the growth of the chemical industry during the COVID-19 pandemic.
- According to economists, the Chinese economy is anticipated to be hit further by reduced global demand for its products due to the effect of the pandemic. As the coronavirus pandemic escalates, the growth rate falls sharply against the backdrop of volatile markets and growing credit stress.
- The economy of China has been hit far harder than projected, although a tentative stabilization has begun. In European countries and the U.S., increasing restrictions on travel & transportation and prolonged lockdown have reduced the product demand during the first quarter of 2020. However, the market is expected to recover by the end of 2021.

KEY MARKET SEGMENTS
By Type

- Plant Based
- Animal Based

By Application

- Paper & Packaging
- Construction
- Woodworking
- Personal Care
- Medical
- Others
By Region
o North America
? U.S.
? Canada
? Mexico
o Europe
? Germany
? France
? Spain
? Italy
? UK
? Rest of Europe
o Asia-Pacific
? China
? Japan
? India
? South Korea
? Australia
? Rest of Asia-Pacific
o LAMEA
? Brazil
? South Africa
? Saudi Arabia
? Rest of LAMEA

KEY MARKET PLAYERS
- Adhesives Research, Inc.
- Arkema
- Ashland Global Holdings Inc.
- Beardow Adams
- Camurus
- DuPont de Nemours, Inc.
- Henkel AG
- Jowat SE
- Paramelt BV
- U.S. Adhesives