Global Bio Based Adhesives And Sealants Market Overview
The Bio Based Adhesives And Sealants Market Size was estimated at 21.05 (USD Billion) in 2022.The Bio Based Adhesives And Sealants Industry is expected to grow from 22.32(USD Billion) in 2023 to 37.81 (USD Billion) by 2032. The Bio Based Adhesives And Sealants Market CAGR (growth rate) is expected to be around 6.03% during the forecast period (2024 - 2032).
Key Bio Based Adhesives And Sealants Market Trends Highlighted
Key market drivers for bio-based adhesives and sealants include rising environmental concerns, government regulations promoting sustainability, and increasing demand for eco-friendly products. Opportunities to be explored lie in developing high-performance bio-based adhesives for industrial applications and expanding their use in emerging markets. Trends in recent times include the adoption of renewable raw materials such as plant starch, natural resins, and cellulose, as well as advancements in enzyme technology to improve bio-based adhesive performance. This market is poised for significant growth as consumers and industries prioritize sustainability and innovation in adhesive and sealant solutions.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Bio Based Adhesives And Sealants Market Drivers
Rising Demand for Eco-Friendly Construction Materials
The rising concerns over the environment have led to the creation of bio-based adhesives and sealants that are more environmentally friendly and safer to use. The use of such materials ensures that the indoor air quality is improved and the energy consumption is reduced. Hence, there is an increase in the demand for bio-based adhesives and sealants. The Bio-Based Adhesives and Sealants Market Industry are projected to grow with a CAGR of 6.03% for the period 2023-2032.As a result, the total market value for 2032 is projected to reach $37.81 billion. The primo market drivers for the increasing demand of bio-based adhesives and sealants include: Government Regulations: many governments are enforcing stricter regulations on the type of materials that are used in construction. For example, the US Environmental Protection Agency issues regulations to limit the amount of VOCs present in a single gallon of primer, adhesive or sealant to not exceeding 250-380 grams.This is because the use of high levels of VOCs contributes to smog and other air pollution problems. Other than that, high levels of VOCs in these products are harmful to human beings. The bio-based adhesives and sealants do not contain VOCs and hence they meet the requirements of such regulations. Consumer Demand: the customers are now demanding more eco-friendly products, and this demand has escalated to the construction field. A bio-based product is a more sustainable option as compared to a petroleum-based product and the consumer demand for such products is higher.Technological Advancements: due to the high demand for bio-based products, researchers are creating more advanced products that are cheaper and easier to use. As a result, the construction companies can easily afford bio-based adhesives and sealants. In conclusion, the demand for eco-friendly building materials will be the most significant market driver for bio-based adhesives and sealants.
Growing Awareness of Environmental Sustainability
There is a growing awareness of environmental sustainability around the world. This is due to a number of factors, including climate change, pollution, and resource depletion. As a result, consumers and businesses are increasingly looking for ways to reduce their environmental impact. Bio-based adhesives and sealants are one way to do this, as they are made from renewable resources and have a lower environmental impact than traditional petroleum-based products. The growing awareness of environmental sustainability is having a positive impact on the Bio Based Adhesives And Sealants Market Industry.As more consumers and businesses become aware of the environmental benefits of bio-based adhesives and sealants, the demand for these products is expected to increase.
Increasing Government Support for Bio-Based Industries
There is a growing trend of governments around the world to support bio-based industries. They provide financial incentives, fund research and development and establish favorable regulations to reduce the cost of bio-based adhesives and sealants and make them more convenient to use. Thus, one of the most important market drivers for the Bio Based Adhesives And Sealants Market Industry is the increasing government support for bio-based industries.In the future, this support is likely to become even stronger, which will lead to further expansion of the bio-based adhesives and sealants market.
Bio Based Adhesives And Sealants Market Segment Insights
Bio Based Adhesives And Sealants Market Product Type Insights
The growth of the market can be attributed to the growing demand for bio-based products, increasing awareness regarding the environmental conservation and stringent rules and regulations by the government related to the usage of chemicals. The bio-based epoxy adhesives and sealants would hold the largest market share during the period of forecast. They have high strength, durability, and resistance to chemicals and solvents. The bio-based polyurethane adhesives and sealants would be second in leading the market share. The factors supporting this include the versatile applications and the broad product portfolio.The bio-based acrylate adhesives and sealants would grow fast, as they are widely used as replacements for solvent and latex-based adhesive systems. Asia Pacific is the largest market for bio-based adhesives and sealants, followed by North America and Europe. The increasing demand of bio-based products in the construction, automotive and packaging industry is the driving the market growth in the Asia Pacific region. Henkel AG Co. KGaA, 3M Company, Sika AG, The Dow Chemical Company and Huntsman Corporation are some of the leading players in the bio-based adhesives and sealants market.These companies are concentrating on the growth of new and innovative bio based adhesives and sealants by making investments on the research and development. The bio-based adhesives and sealants market is a highly competitive market with a large number of players. However, the market is expected to consolidate and grow, which would result in few prominent players leading the market. 
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Bio Based Adhesives And Sealants Market Application Insights
The Bio Based Adhesives And Sealants Market is segmented by Application into Packaging, Construction, Automotive and Transportation, Electronics, Medical and Healthcare, and Other Applications. The Packaging segment is the largest, accounting for over 30% of the market in 2023. The Construction segment is the second largest, accounting for over 25% of the market. The Automotive and Transportation segment is the third largest, accounting for over 15% of the market. The Electronics segment is the fourth largest, accounting for over 10% of the market.The Medical and Healthcare segment is the fifth largest, accounting for over 5% of the market. The Other Applications segment is the smallest, accounting for the remaining 5% of the market. Growth in the Packaging segment is being driven by the increasing demand for sustainable packaging solutions. Growth in the Construction segment is being driven by the increasing demand for green building materials. Growth in the Automotive and Transportation segment is being driven by the increasing demand for lightweight and fuel-efficient vehicles. Growth in the Electronics segment is being driven by the increasing demand for bio-based adhesives and sealants in electronic devices.Growth in the Medical and Healthcare segment is being driven by the increasing demand for biocompatible and biodegradable adhesives and sealants. Growth in the Other Applications segment is being driven by the increasing demand for bio-based adhesives and sealants in a variety of applications, including furniture, textiles, and footwear.
Bio Based Adhesives And Sealants Market Industry Insights
The Bio Based Adhesives And Sealants Market is segmented by industry into furniture, paper and pulp, textiles, food and beverage, pharmaceuticals, and other industries. The furniture industry is the largest consumer of bio based adhesives and sealants, accounting for over 30% of the market in 2023. The paper and pulp industry is the second largest consumer, followed by the textiles industry. The food and beverage industry is also a significant consumer of bio based adhesives and sealants, particularly in the packaging sector. The pharmaceuticals industry uses bio based adhesives and sealants in the production of medical devices and drug delivery systems.Other industries that use bio based adhesives and sealants include the automotive, construction, and electronics industries. The Bio Based Adhesives And Sealants Market is expected to grow at a CAGR of 6.03% from 2023 to 2032, reaching a value of USD 37.81 billion by 2032.
Bio Based Adhesives And Sealants Market Raw Material Insights
The Raw Material segment of the Bio Based Adhesives And Sealants Market is anticipated to exhibit steady growth over the forecast period, driven by increasing demand for eco-friendly and sustainable alternatives to traditional adhesives and sealants. Plant-based materials, such as starch and cellulose, account for a significant share of the segment, owing to their abundance, biodegradability, and cost-effectiveness. Animal-based materials, such as gelatin, offer excellent adhesion properties and are widely used in various industries, including food packaging and construction.Mineral-based materials, such as clays, provide high-temperature resistance and are often used in high-performance applications. Synthetic bio-based materials, such as polylactic acid (PLA), offer a combination of strength, flexibility, and biodegradability, making them a promising option for eco-conscious consumers. The Bio Based Adhesives And Sealants Market revenue is projected to grow significantly by 2032, with the Raw Material segment playing a crucial role in this expansion.
Bio Based Adhesives And Sealants Market Regional Insights
The regional segmentation of the Bio Based Adhesives And Sealants Market offers valuable insights into the geographical distribution of market revenue. North America is projected to dominate the market in 2023, holding a significant share of the Bio Based Adhesives And Sealants Market revenue. Its well-established construction and automotive industries drive demand for bio based adhesives and sealants. Europe follows closely, driven by stringent environmental regulations and a growing focus on sustainable construction. APAC is expected to witness robust market growth due to the region's rapidly expanding construction and packaging sectors.South America and MEA are anticipated to contribute a smaller share to the Bio Based Adhesives And Sealants Market revenue but are expected to exhibit steady growth in the coming years.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Bio Based Adhesives And Sealants Market Key Players And Competitive Insights
The key players in Bio Based Adhesives And Sealants Market industry are expanding their product portfolio and presence through acquisitions and partnerships. The leading Bio Based Adhesives And Sealants Market players are investing in research and development of new product offerings and strategic acquisitions to remain competitive in the market. The Bio Based Adhesives And Sealants Market will be driven by increasing demand from end-use industries such as packaging, construction and automotive among others. The Bio Based Adhesives And Sealants Market Competitive Landscape is characterized by a few players and a large number of regional and local players. The key players in the Bio Based Adhesives And Sealants Market include Henkel, H.B Fuller, 3M, Arkema, Sika AG, and Dow among others. The key players in the market are expanding their product portfolio, presence as well as customer base through acquisitions, partnerships as well as the launch of new products.Henkel is a leading manufacturer of adhesives, sealants and surface treatments. The company offers a wide range of bio-based adhesives and sealants in its Loctite brand. The company has a significant presence in the packaging, construction and automotive industries. Henkel has been expanding its product portfolio and presence through acquisitions as well as strategic partnerships. In 2021, Henkel acquired Adhesives and Surface Technologies business of the Dow Chemical Company. This acquisition helped Henkel to strengthen its position in the bio-based adhesives and sealants market.3M is another key manufacturer of adhesives, sealants and tapes. The company makes wide range of bio-based adhesives and sealants in its Scotch brand. This company has high concentration in the packaging and automotive, construction industries. 3M has been expanding its product portfolio and presence through acquisitions and partnerships. In 2020, 3M acquired Adhesives and Sealants business of Avery Dennison Corporation. The acquisition has helped 3M to strengthen the company’s position in the bio-based adhesives and sealants market.
Key Companies in the Bio Based Adhesives And Sealants Market Include
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Covestro
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DSM
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3M
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Evonik
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Arkema
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Sika
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Dow
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Bostik
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H.B. Fuller
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Wacker Chemie
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Avery Dennison
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BASF
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Henkel
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Celanese
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Illinois Tool Works
Bio Based Adhesives And Sealants Market Industry Developments
The bio based adhesives and sealants market is projected to reach USD 37.81 billion by 2032, exhibiting a CAGR of 6.03% during the forecast period. Increasing environmental concerns and government regulations promoting the use of sustainable materials are driving market growth. Bio based adhesives and sealants offer advantages such as reduced VOC emissions, improved durability, and enhanced resistance to moisture and chemicals.Key industry participants include Henkel, 3M, Sika AG, Bostik, and H.B. Fuller. Recent developments in the market include the launch of new bio based products, such as Henkel's Technomelt Supra ECO and Sika's SikaForce-7881 LVL Green Line. These products are designed to meet the growing demand for sustainable and high-performance adhesives and sealants in various industries, including construction, automotive, and packaging.
Bio Based Adhesives And Sealants Market Segmentation Insights
Bio Based Adhesives And Sealants Market Product Type Outlook
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Bio-based Epoxy Adhesives and Sealants
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Bio-based Polyurethane Adhesives and Sealants
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Bio-based Acrylic Adhesives and Sealants
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Bio-based Silicone Adhesives and Sealants
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Other Bio-based Adhesives and Sealants
Bio Based Adhesives And Sealants Market Application Outlook
Bio Based Adhesives And Sealants Market Industry Outlook
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Furniture
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Paper and Pulp
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Textiles
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Food and Beverage
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Pharmaceuticals
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Other Industries
Bio Based Adhesives And Sealants Market Raw Material Outlook
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Plant-based Materials (e.g., Starch, Cellulose)
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Animal-based Materials (e.g., Gelatin)
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Mineral-based Materials (e.g., Clays)
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Synthetic Bio-based Materials (e.g., Polylactic Acid)
Bio Based Adhesives And Sealants Market Regional Outlook
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North America
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Europe
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South America
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Asia Pacific
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Middle East and Africa
| Report Attribute/Metric |
Details |
| Market Size 2022 |
21.05(USD Billion) |
| Market Size 2023 |
22.32(USD Billion) |
| Market Size 2032 |
37.81(USD Billion) |
| Compound Annual Growth Rate (CAGR) |
6.03% (2024 - 2032) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2023 |
| Market Forecast Period |
2024 - 2032 |
| Historical Data |
2019 - 2023 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
Covestro, DSM, 3M, Evonik, Arkema, Sika, Dow, Bostik, H.B. Fuller, Wacker Chemie, Avery Dennison, BASF, Henkel, Celanese, Illinois Tool Works |
| Segments Covered |
Product Type, Application, Industry, Raw Material, Regional |
| Key Market Opportunities |
1 Growing demand for sustainable and ecofriendly adhesives2 Increasing adoption in packaging and construction industries3 Rising awareness of environmental concerns among consumers4 Government regulations promoting use of biobased products5 Technological advancements leading to improved performance |
| Key Market Dynamics |
Increasing environmental concerns Growing demand for sustainable products |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Bio Based Adhesives And Sealants Market is expected to reach a valuation of 37.81 Billion USD by 2032.
The CAGR of the Bio Based Adhesives And Sealants Market is estimated to be 6.03% from 2024 to 2032.
Key regions in the Bio Based Adhesives And Sealants Market include North America, Europe, Asia-Pacific, and the Rest of the World.
Major applications of Bio Based Adhesives And Sealants include packaging, construction, automotive, and consumer goods.
Key competitors in the Bio Based Adhesives And Sealants Market include Henkel, 3M, Sika AG, Bostik, and Dow.
Challenges faced by the Bio Based Adhesives And Sealants Market include fluctuating raw material prices and competition from synthetic alternatives.
Opportunities for growth in the Bio Based Adhesives And Sealants Market include increasing demand for sustainable products and government regulations promoting bio-based materials.
Key trends in the Bio Based Adhesives And Sealants Market include the development of new bio-based adhesives and sealants with improved performance and the adoption of sustainable practices by manufacturers.
The Bio Based Adhesives And Sealants Market is expected to continue growing steadily over the next decade, driven by increasing demand for sustainable products and government regulations promoting bio-based materials.
Key factors driving the growth of the Bio Based Adhesives And Sealants Market include increasing environmental awareness, government regulations promoting sustainability, and technological advancements in bio-based adhesives and sealants.
