Global Bioadhesive Market: Renewed Focus on Environment-Friendly Adhesives Across End-Use Industries Broadens Growth Prospects, Says Tmr

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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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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...