The Global bioadhesives market is expected to reach USD 2,549.2 million by 2022, according to a new study by Grand View Research, Inc. Volatile prices of synthetic adhesives on account of fluctuation in raw material prices is expected to remain a key driving factor for global bioadhesives market. Government support to promote the use of natural, environmental friendly products particularly in North America and Europe is also expected to have a positive influence on the market growth. Growth of key end-use industries such as packaging, construction and automotive particularly in emerging markets of Asia Pacific is also expected to impact the demand positively. Low shelf life of bioadhesives compared to synthetic adhesives is expected to remain a key challenge for market participants. Plants were the largest source for bioadhesives and accounted for over 87.0% of the total market volume in 2014. Promising plant based adhesives such as starch, soy and corn find wide application across various end-use industries and are expected to provide lucrative opportunities to industry participants and augment global market growth. Animal based adhesives are expected to witness steady growth of 13.2% from 2015 to 2022. Access Full Research Report by Grand View Research: http://www.grandviewresearch.com/industry-analysis/bioadhesives-market Further key findings from the study suggest:
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/renewable-chemicals Grand View Research has segmented the bioadhesives market on the basis of source, application and region: Global Bioadhesives Source Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)
Access press release by Grand View Research: http://www.grandviewresearch.com/press-release/global-bioadhesives-market About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare. For more information: http://www.grandviewresearch.com
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