Top Innovations in Bioadhesives: Shaping a Sustainable Tomorrow - IndustryARC?
The global bioadhesives market is on an impressive growth trajectory, estimated to reach US$13.4 billion by 2030, with a robust CAGR of 9.6% from 2024 to 2030.Bioadhesives are natural polymeric substances that act as adhesives performing similarly to synthetic alternatives and are also environment friendly. Bioadhesives are majorly used for biomedical applications which involve skin or other body tissue due its biomedical property.
For instance, Collagen based bioadhesives are used for a variety of medical uses such as wound enclosure, by absorbing blood and coagulation products on its fibers, trapping them and thus effectively adhering to the wound. Petroleum-based synthetic adhesives emit volatile organic compounds (VOCs), which are harmful to the environment as well as to human beings. Bioadhesives are thus preferred as they are produced from bio-based materials which emit low VOCs, this acts as a major driver for the market.
Bioadhesives are used extensively in the healthcare industry for applications such as wound healing, as they are made of biological monomers and thus are safer to use. Asia-Pacific region is witnessing a fast growth in the bioadhesives market due to increasing demand. For instance, chitosan based bioadhesives are in high demand due to its applications in biomedical, wood adhesives, adhesives for metallic surfaces and others, which will increase the growth of bioadhesives industry in Asia-Pacific region in the forecast period. One of the key factors driving the chitosan demand in the Asia-Pacific region is the easy availability of its raw material, obtained as a waste product from the fishery industry.
Key Takeaways
Bioadhesives Market Drivers
Increasing demand for environmentally-friendly products
There is an increase in research and development of safe adhesives such as Bioadhesives which are made up of natural polymeric material like proteins and carbohydrates, and as a result, they are biocompatible in nature. Whereas, the manufacturing processes of petroleum-based synthetic adhesives involve grinding and machining and are responsible for producing hazardous emissions. There is an increase in government regulations to use bio-based products.
Bioadhesives Market Challenges
Large Investments in R&D
The manufacturing of bioadhesives requires innovative technologies and advanced formulation. The R&D expenses which is involved in the development of these bioadhesives are comparatively higher than synthetic adhesive formulations. Additionally, only the major players can make large investments in new product innovations. Thus, the huge challenge for the smaller players in the bioadhesives industry compete the products from the leading companies in the global market which are providing latest quality bioadhesives through innovating technologies.?
? ?????? ?????????????????? ????????????????: Henkel | Ashland | DuPont | Avery Dennison | Ingredion Incorporated | EcoSynthetix Inc. | Cargill | 3Mcompany | Arkema | Danimer Scientific | CRYOLIFE company Ltd. | Synthomer | Beardow Adams | Adhesives Research, Inc. | BioAdhesive Dynamics Pty Ltd | BASF | Dow | Solenis