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Date Submitted: 11/15/2016 03:18 AM
Transparency Market
Research
Bioadhesive Market (Source - Plant-based and Animalbased; End User - Paper and Packaging, Construction,
Wood Works and Furniture, Medical, and Personal
Care) - Global Industry Analysis, Size, Share, Growth,
Trends, and Forecast 2016 - 2024
Published Date
09-Nov-2016
128 Page Report
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Press Release
Global Bioadhesive Market: Renewed Focus on Environmentfriendly Adhesives across End-use Industries Broadens
Growth Prospects, says TMR
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Bioadhesive Market
REPORT DESCRIPTION
Bioadhesive Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024
The global bioadhesive market features a highly consolidated competitive landscape, with the top three
manufacturers, namely Ecosynthetix Inc., Cryolife, and SCION accounting for nearly 70% of the total market
and Ecosynthetix leading the market by a large margin, observes a recent report by Transparency Market
Research. Expansion of existing production sites, exploring new regions, and development of new products
with highly competent adhesion properties are some of the key strategies opted by these manufacturers in the
market.
With vast scope for future growth and several untapped growth opportunities, the market is highly conducive
for new entrants, especially in developing markets. The challenge of strong brand image of key vendors can be
eased by introduction of innovative product varieties for niche applications, such as the EcoSphere grade of
bioadhesives introduced for use in inkjet paper coatings by EcoSynthetix Inc.
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TMR estimates that the global bioadhesive market will exhibit a promising 12.9% CAGR over the period
between 2016 and 2024. In terms...