Biodegradable Adhesives Market Size, Share & Industry | 2031
Biodegradable Adhesives Market Size, Share & Industry | 2031
Segments - Biodegradable Adhesives Market Type (Heat Seal Adhesives, Hot Melt Adhesives, and Pressure-sensitive Adhesives), Application (Medical, Consumer Goods, Packaging, and Others), and Region (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
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| Report ID :HC-5155
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Report Description
The Global Biodegradable Adhesives Market size was valued at USD 7.26 Billion in 2022 and is expected to surpass USD 17.12 Billion by 2031, expanding at a CAGR of 10% during the forecast period, 2023–2031. Biodegradable adhesives are an environmentally friendly alternative to conventional adhering solutions, which propels the market.
Biodegradable adhesives decompose naturally. They can be broken down with the help of carbon dioxide, water, methane, inorganic compounds, or biomass. Enzymatic actions convert adhesives into a biodegradable and decomposable mixture that benefits the environment. Biodegradable adhesives and polymers decompose with different mechanisms such as hydro-biodegradable or photo-biodegradable.
Natural sources including starch, plant resins, and animal glues are used to make dissolvable adhesives. Decomposable liquid glues are made from a variety of starches such as corn, potato, wheat, and gelatin netting. Furthermore, these adhesives contain wetting agents, antioxidants, film formers, solvents, antifungal agents, and other components.
A team at Boston University created biodegradable adhesives with a honey-like consistency. It is prepared with a blend of naturally-sourced biopolymers and carbon dioxide (CO2). The team confirms that the sticking strength of the adhesive can be varied by the polymer-to-CO2 ratio, which can range from the strength of scotch tape to strong wood glue.
Adhesives can stick to different surfaces and are biocompatible. Thus, they are used in surgical procedures for internal and external wounds. As it is degradable, it harmlessly breaks down in the body and is dissolved and discarded in around a year.
The COVID-19 pandemic impeded the global biodegradable adhesives market due to the decline in the demand for biodegradable adhesives from the end-use industries. Governments worldwide prolonged the shutdown of factories across industries, as a part of preventive measure to curb the virus spread, thereby halting the production and supply of goods. The pandemic encouraged key players to implement technologies to overcome these challenges by either delaying their production or rescheduling their existing projects.
Biodegradable Adhesives Market Dynamics
Major Drivers
Growing use of biodegradable adhesives eliminates the need for investment in waste management. As adhesives get decomposed in the soil, they do not require disposal management. Non-toxic, environmentally friendly, stable quality, and easy availability are some factors fueling the market. Increasing number of applications in the end-use industries and rising adoption of decomposable adhesives are anticipated to boost the market.
Existing Restraints
Poor moisture resistance, mold growth, and reaction to physical environment & chemicals are expected to restrain the biodegradable adhesives market. Exposure to the environment causes the occurrence of moisture, which can reduce adhering strength of the adhesives. Additionally, molds formed due to moisture can cause breathing difficulty and corrosion of materials. These factors are expected to restrain the market.
Emerging Opportunities
Rising government initiatives in creating awareness regarding the benefits of biodegradable adhesives and stringent rules against environmental pollution are projected to create lucrative opportunities in the market.
Scope of the Biodegradable Adhesives Market Report
The report includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Biodegradable Adhesives Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2016–2021 |
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Forecast Period |
2023–2031 |
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Segmentation |
Type (Heat Seal Adhesives, Hot Melt Adhesives, and Pressure-Sensitive Adhesives) and Application (Medical, Consumer Goods, Packaging, and Others) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Kiilto; H. B. Fuller Company; LD Davis; TOYOCHEM CO., LTD.; Anagha Engineers; NatureWorks; BASF; TOYOCHEM CO., LTD; BC Adhesives; and Intercol |
Biodegradable Adhesives Market Segment Insights
Based on type, the biodegradable adhesives market is divided into heat seal adhesives, hot melt adhesives, and pressure-sensitive adhesives. The pressure-sensitive adhesives (PSA) segment is expected to expand at a significant pace during the projection period, as it does not require any additional heat or chemicals to adhere. Even applications on various surfaces and easy availability of PSA are anticipated to drive the segment in the forecast period.
On the basis of application, the global market is segregated into medical, consumer goods, packaging, and others. The packaging segment is projected to register a considerable CAGR in the coming years. Natural adhesives ensure sustainable packaging methods and can be recycled and disposed of in a safe way without harming the environment, which in turn, boosts the segment.
In terms of region, the global biodegradable adhesives market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to dominate the market during the projection period due to the high penetration of eco-friendly adhesive products in various industries. It is supported by the increased awareness of sustainable solutions and reduced carbon footprint. The market is driven by a surge in the consumption of packaged food and medicine, thus supporting the market growth in the region.
Asia Pacific is projected to hold a significant market share in the projection period attributing to the increasing disposable income. Numerous sectors including e-commerce and food & beverage industries are adopting sustainable solutions for packaging. Strict government regulations for waste management in the region are projected to propel the regional market in coming years.
Segments
The biodegradable adhesives market has been segmented on the basis of
Type
- Heat Seal Adhesives
- Hot Melt Adhesives
- Pressure-Sensitive Adhesives
Application
- Medical
- Consumer Goods
- Packaging
- Others
Region
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
Competitive Landscape
Key players operating in the global biodegradable adhesives market include Kiilto; H. B. Fuller Company; LD Davis; TOYOCHEM CO., LTD.; Anagha Engineers; NatureWorks; BASF; TOYOCHEM CO., LTD; BC Adhesives; and Intercol. These companies adopt strategies such as acquisitions, partnerships, certifications, mergers, R&D investments, and product launches to boost their market share. For instance,
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In November 2021, NatureWorks’s Ingeo, a polylactic acid (PLA) biopolymers range, received GreenScreen Certified Standard Platinum certification from the Center for Environmental Health (CEH) and Clean Production Action.
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On April 3 2021, Biomelt's Kiilto, a biodegradable hot melt adhesive that replaces oil-based hot melt adhesives, are used in the packaging industry. The product is utilized for gluing and lamination purposes.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Biodegradable Adhesives Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Biodegradable Adhesives Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Biodegradable Adhesives Market - Supply Chain
4.5. Global Biodegradable Adhesives Market Forecast
4.5.1. Biodegradable Adhesives Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Biodegradable Adhesives Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Biodegradable Adhesives Market Absolute $ Opportunity
5. Global Biodegradable Adhesives Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Biodegradable Adhesives Market Size and Volume Forecast by Types
5.3.1. Heat Seal Adhesives
5.3.2. Hot Melt Adhesives
5.3.3. Pressure-Sensitive Adhesives
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Biodegradable Adhesives Market Analysis and Forecast by Applications
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Applications
6.2.2. Y-o-Y Growth Projections by Applications
6.3. Biodegradable Adhesives Market Size and Volume Forecast by Applications
6.3.1. Medical
6.3.2. Consumer Goods
6.3.3. Packaging
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Applications
6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Biodegradable Adhesives Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Biodegradable Adhesives Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Biodegradable Adhesives Demand Share Forecast, 2019-2026
8. North America Biodegradable Adhesives Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America Biodegradable Adhesives Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Biodegradable Adhesives Market Size and Volume Forecast by Types
8.4.1. Heat Seal Adhesives
8.4.2. Hot Melt Adhesives
8.4.3. Pressure-Sensitive Adhesives
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. North America Biodegradable Adhesives Market Size and Volume Forecast by Applications
8.7.1. Medical
8.7.2. Consumer Goods
8.7.3. Packaging
8.7.4. Others
8.8. Basis Point Share (BPS) Analysis by Applications
8.9. Y-o-Y Growth Projections by Applications
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Biodegradable Adhesives Demand Share Forecast, 2019-2026
9. Latin America Biodegradable Adhesives Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America Biodegradable Adhesives Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Biodegradable Adhesives Market Size and Volume Forecast by Types
9.4.1. Heat Seal Adhesives
9.4.2. Hot Melt Adhesives
9.4.3. Pressure-Sensitive Adhesives
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Latin America Biodegradable Adhesives Market Size and Volume Forecast by Applications
9.7.1. Medical
9.7.2. Consumer Goods
9.7.3. Packaging
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Applications
9.9. Y-o-Y Growth Projections by Applications
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Biodegradable Adhesives Demand Share Forecast, 2019-2026
10. Europe Biodegradable Adhesives Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe Biodegradable Adhesives Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Biodegradable Adhesives Market Size and Volume Forecast by Types
10.4.1. Heat Seal Adhesives
10.4.2. Hot Melt Adhesives
10.4.3. Pressure-Sensitive Adhesives
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Europe Biodegradable Adhesives Market Size and Volume Forecast by Applications
10.7.1. Medical
10.7.2. Consumer Goods
10.7.3. Packaging
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Applications
10.9. Y-o-Y Growth Projections by Applications
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Biodegradable Adhesives Demand Share Forecast, 2019-2026
11. Asia Pacific Biodegradable Adhesives Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Biodegradable Adhesives Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Biodegradable Adhesives Market Size and Volume Forecast by Types
11.4.1. Heat Seal Adhesives
11.4.2. Hot Melt Adhesives
11.4.3. Pressure-Sensitive Adhesives
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Asia Pacific Biodegradable Adhesives Market Size and Volume Forecast by Applications
11.7.1. Medical
11.7.2. Consumer Goods
11.7.3. Packaging
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Applications
11.9. Y-o-Y Growth Projections by Applications
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Biodegradable Adhesives Demand Share Forecast, 2019-2026
12. Middle East & Africa Biodegradable Adhesives Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Biodegradable Adhesives Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Biodegradable Adhesives Market Size and Volume Forecast by Types
12.4.1. Heat Seal Adhesives
12.4.2. Hot Melt Adhesives
12.4.3. Pressure-Sensitive Adhesives
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Middle East & Africa Biodegradable Adhesives Market Size and Volume Forecast by Applications
12.7.1. Medical
12.7.2. Consumer Goods
12.7.3. Packaging
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Applications
12.9. Y-o-Y Growth Projections by Applications
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Biodegradable Adhesives Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Biodegradable Adhesives Market: Market Share Analysis
13.2. Biodegradable Adhesives Distributors and Customers
13.3. Biodegradable Adhesives Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. Kiilto
13.4.2. H. B. Fuller Company
13.4.3. LD Davis
13.4.4. TOYOCHEM CO., LTD.
13.4.5. Anagha Engineers
13.4.6. NatureWorks
13.4.7. BASF
13.4.8. TOYOCHEM CO., LTD
13.4.9. BC Adhesives
13.4.10. Intercol
Methodology
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