Business Insights and Market Research Report of Global Bioadhesive Market- 2017
Market Research Hub( MRH) has recently announced the addition of a fresh report, titled“ Bioadhesive Market- Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016- 2024” to its report offerings. This report analyzes and forecasts the market for bioadhesive at the global and regional level. The market has been forecast based on volume( kilo tons) and revenue( US $ Mn) from 2016 to 2024, considering 2015 as the base year. The study includes drivers and restraints of the global bioadhesives market. It also covers impact of these drivers and restraints on demand for bioadhesive during the forecast period. The report also highlights opportunities in the bioadhesive market at the global and regional level.
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Global Bioadhesive Market: Overview
Bioadhesive is an adhesive that is derived from natural sources such as plant and animal. It is a substitute for synthetic and epoxy adhesive that are derived from petroleum. Bioadhesives are primarily employed in end-user industries such as paper & packaging, construction and wood works & furniture. Demand for bioadhesive is expected to increase significantly in the next few years considering the stringent regulatory policies regarding petroleum derived products and growth of the end-user industries. Europe dominates the bioadhesive market in terms of production and demand. Countries such as the U. S, Canada, Germany and UK are expected to be the key consumers of bioadhesives. Low shelf-life of bioadhesive is anticipated to hamper market growth. This factor is projected to adversely affect market growth during the forecast period. Increase in research activities on bio-based products is