New Study from StrategyR Highlights a $11.9 Billion Global Market for Bioadhesives by 2026

A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled “Bioadhesives – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
Global Market for Bioadhesives
Global Market for Bioadhesives

FACTS AT A GLANCE
Edition: 6; Released: April 2021
Executive Pool: 612
Companies: 46 – Players covered include 3M Company; Adhesives Research, Inc.; Ashland, Inc.; Danimer Scientific; DowDuPont, Inc.; EcoSynthetix, Inc.; Henkel Corporation; Paramelt BV; The Compound Company BV (Yparex) and Others.
Coverage: All major geographies and key segments
Segments: Application (Packaging & Paper, Construction, Medical, Wood, Other Applications); Type (Plant Based, Animal Based)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

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ABSTRACT-

Global Bioadhesives Market to Reach $11.9 Billion by 2026
Amid the COVID-19 crisis, the global market for Bioadhesives estimated at US$5.9 Billion in the year 2020, is projected to reach a revised size of US$11.9 Billion by 2026, growing at a CAGR of 12.3% over the analysis period. Plant Based, one of the segments analyzed in the report, is projected to record a 12.7% CAGR and reach US$12.3 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Animal Based segment is readjusted to a revised 8% CAGR for the next 7-year period.

The U.S. Market is Estimated at $2 Billion in 2021, While China is Forecast to Reach $2.1 Billion by 2026
The Bioadhesives market in the U.S. is estimated at US$2 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.1 Billion by the year 2026 trailing a CAGR of 11.9% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.9% and 10.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 9% CAGR. More

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