Global Bio-Based Adhesives Market 2024-2030

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    BIO-BASED ADHESIVES MARKET

     

    INTRODUCTION

     

    According to EN 16785-1, one of many classifications, the Hot Melt Adhesive must contain a certain percentage of bio-based components in order to be labelled “a bio-based Hot Melt Adhesive

     

    “A high level of bio-based content can be achieved depending on the type and percentage of bio-based components used.Alternatives based on biotechnology include:

     

    Tackifier:Polymer rosin-esters or terpene resins:Bio-based polymer made from sugarcane wax and ethanol:made from biobased PE wax, palm and castor oil, and hydrogenated rapeseed.

     

    Bio-based Hot Melt Adhesives continue to bond well to a wide range of substrates, particularly cardboard. Performance over a wide temperature range, including deep freeze.

     

    Converting easily:The same tools that are used to apply fossil-based Hot Melt Adhesives can also be used to apply bio-based Hot Melt Adhesives.

     

     

    As a result, switching between hot melt products is less expensive. Components derived from fossil fuels have traditionally been used in hot melt adhesive formulations.

     

    Outstanding performance:These bio adhesives maintain their excellent bonding properties across a wide variety of substrates.

     

    Resistance to temperature:Bio-based hot melt glues are suitable for a wide range of applications due to their resistance to extreme temperatures.

     

    Converting easily:With the same tools as conventional hot melt adhesives, our bio-based hot melts can be applied.As a result, switching between hot melt products is less expensive.

     

    BIO-BASED ADHESIVES MARKET SIZE AND FORECAST

     

    Infographic 

    The Global Bio-Based  Adhesives market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

     

    BIO-BASED ADHESIVES MARKET NEW PRODUCT LAUNCH

     

    Technomelt Supra ECO is a line of bio-based adhesives created by Henkel’s Adhesive Technologies division to promote innovation and set a new standard for sustainable packaging.

     

    With levels of technical performance that surpass those of any solution currently on the market, the range represents a significant step toward a global reduction in the CO2 footprint of products and production processes. It has the potential to exceed 80 percent bio-based raw material input.

     

    Paper-based packaging is the primary application for the new products.Technomelt Supra ECO is an excellent illustration of how adhesives can ensure the sustainability of packaging by minimising its environmental footprint.

     

    The product’s life cycle analysis reveals that the product is not only capable of reducing the amount of CO2 that is released during production but also of binding CO2 in light of the potential for global warming over the course of one hundred years (GWP100).

     

    The entire sector is undergoing a period of change during which sustainability has emerged as an essential objective for the majority of businesses.

     

    BIO-BASED ADHESIVES MARKET RECENT PARTNERSHIPS

     

    The bio-based adhesives market has been witnessing significant growth in recent years due to increasing environmental concerns and the demand for sustainable products in various industries.

     

    Companies are now focusing on developing bio-based adhesive solutions to reduce their carbon footprint and enhance their product offerings. 

     

    In an effort to expand their bio-based adhesive portfolio, two major chemical giants, BASF and Arkema, announced a strategic collaboration.

     

    BASF is a leading player in the chemical industry, while Arkema specializes in high-performance materials and adhesives.

     

    This partnership aims to combine their research and development capabilities to create innovative bio-based adhesive solutions.

     

    By sharing knowledge and resources, both companies seek to accelerate the development of sustainable adhesives for applications in packaging, construction, automotive, and electronics industries.

     

    The collaboration also intends to address the challenges of scalability and cost-effectiveness, ensuring that the resulting bio-based adhesives can compete with conventional petroleum-based adhesives in the market.

     

    Henkel, a global leader in adhesive technologies, and NatureWorks, a pioneer in the production of bio-based polymers, have formed a joint venture to capitalize on their respective strengths.

     

    The partnership aims to develop a new range of bio-based adhesives using NatureWorks’ innovative Ingeo™ biopolymer technology. Ingeo™ is derived from renewable plant-based sources and offers excellent biodegradability, making it an attractive alternative to traditional adhesives.

     

    By combining Henkel’s expertise in adhesive formulation and distribution network with NatureWorks’ biopolymer knowledge, the joint venture seeks to introduce sustainable adhesive solutions to various markets, including flexible packaging, textiles, and consumer electronics.

     

    3M, a diversified technology company known for its adhesive products, has partnered with Corbion, a leading supplier of biobased ingredients.

     

    The collaboration aims to develop and commercialize a new generation of bio-based adhesives derived from agricultural feedstocks.

     

    Corbion’s expertise in producing sustainable raw materials and 3M’s extensive experience in adhesive formulation create a synergy that could lead to breakthroughs in the bio-based adhesives market.

     

    The companies plan to target applications in the medical, aerospace, and electronics industries, where the demand for eco-friendly and high-performance adhesives is on the rise.

     

    This partnership aligns with 3M’s sustainability goals and reinforces Corbion’s commitment to promoting bio-based solutions as a viable alternative to fossil-based products.

     

    Ashland, a global specialty chemicals company, and Elevance Renewable Sciences, a renewable specialty chemicals producer, have joined forces to develop bio-based adhesives with a focus on performance and sustainability.

     

    The collaboration leverages Elevance’s unique metathesis technology, which enables the production of high-performance bio-based materials.

     

    By integrating this technology with Ashland’s formulation expertise, the partnership aims to create bio-based adhesives that offer superior bonding strength, durability, and reduced environmental impact.

     

    These adhesives are expected to find applications in the automotive, construction, and assembly industries, where the demand for eco-friendly and high-performing bonding solutions is increasing.

     

    BIO-BASED ADHESIVES MARKET COMPANY PROFILE

     

    BIO-BASED ADHESIVES MARKET THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. How many Bio-Based Adhesives are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    2. Cost breakup of a Global Bio-Based Adhesives and key vendor selection criteria
    3. Where are the Bio-Based Adhesives manufactured? What is the average margin per unit?
    4. Market share of Global Bio-Based Adhesives market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Global Bio-Based Adhesives in-house
    6. key predictions for next 5 years in Global Bio-Based Adhesives market
    7. Average B-2-B Bio-Based Adhesives market price in all segments
    8. Latest trends in Bio-Based Adhesives market, by every market segment
    9. The market size (both volume and value) of the Bio-Based Adhesives market in 2024-2030 and every year in between?
    10. Production breakup of Bio-Based Adhesives market, by suppliers and their OEM relationship
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in theIndustry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2024-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2024-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
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