Bioadhesive Market Growth, Trend, Price, Demand and Forecasts To 2024 Global Bioadhesive Market | Page 2

Moreover, the global demand for bioadhesives is also significantly rising as bioadhesives are cheaper than synthetic adhesives due to the low cost and easy availability of raw materials for the former. Dependence on the highly dynamic petroleum industry for sourcing raw materials lead to fluctuations in the cost of synthetic adhesives. As a result, several industries are focusing on the increased usage of bio-derived products, which is expected to drive the bioadhesive market in the near future. Concerns Regarding Low Performance Compared to Synthetic Adhesives could Hinder Growth Certain bioadhesives, which are derived from 100% bio-based raw materials, possess weak adhesion properties and low resistance to heat, chemicals, and water. Therefore, bioadhesives are treated with synthetic adhesives to increase their performance. Bioadhesives are also known to possess low wet and dry strength compared to synthetic adhesives, factors that significantly limit their use in a number of applications. Moreover, bioadhesives also face the issue of a limited shelf life, which worsens when the product is stored in liquid form. Cumulatively, these factors can lead to the increased usage of synthetic adhesives across several applications, resulting in the limited growth prospects of the bioadhesives market. This review of the market is based on a recent market research report published by Transparency Market Research, titled “Bioadhesive Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024.” Browse full report @ http://www.transparencymarketresearch.com/bioadhesives-market.html For the study, the global bioadhesive market has been segmented as follows: Bioadhesive Market: Source Analysis  Plant based  Animal based Bioadhesive Market: End-user Analysis  Paper & Packaging  Construction  Wood works & Furniture  Medical  Personal Care  Others (Textile, Foundry, etc.) Bioadhesive Market: Regional Analysis  North America o U.S. o Canada  Europe o France o U.K. o Spain o Germany o Italy o Rest of Europe  Asia Pacific o China o New Zealand o ASEAN o India o Rest of Asia Pacific  Latin America o Brazil