The Biobased Adhesives and Sealants Market is to Touch $17.2 Billion by 2030; Biobased Adhesives and Sealants are majorly used for biomedical applications that involve skin or other body tissue due its biomedical properties which is anticipated to pr

The Biobased Adhesives and Sealants Market size is estimated to reach $17.2 billion by 2030, growing at a CAGR of 8.9% during the forecast period 2024-2030, according to a recent report published by IndustryARC, titled, “Biobased Adhesives and Sealants Market – By Type (Plant-based Biobased Adhesives and Sealants and Animal-based Biobased Adhesives and Sealants), By Raw Material (Polymers (Cellulose, Starch Esters, Polyamide, Lignin, and Others), Tackifiers (Pine Rosin, Terpene, and Citrus), and Waxes (Soy, Castor, and Fatty Acids) By Application: Boxes & Cartons (Corrugated, Rigid and Folding), Foil aminates, Labels & Envelopes, Cigarettes & Filters, Cosmetics, Wood-Works, Flooring and others), By End-Use Industry (Automotive (Passenger Cars, Light Commercial Vehicles (LCV), and Heavy Commercial Vehicles (HCV)), Aerospace (Commercial, Military, and Others), Building & Construction (Residential, Commercial, Infrastructural, and Industrial), Packaging (Cups, Flexible Packaging, Dry Food Packaging, Boxes & Bags, and Others), Electrical & Electronics (Circuit Boards, Computers, Surface-mount Components (SMCs), Smart Phones, Encapsulation & Potting, and Others), Energy (Fuel Cells, Geothermal Energy, Hydropower Devices, Wind Turbines, Solar Panels, and Others), Healthcare (Orthopedics, Drug Delivery, Wound Dressing, Medical Devices, Dentistry, and Others), Personal Care (Cosmetics, Toiletries, and Others), and Others), By Geography - Global Opportunity Analysis & Industry Forecast, 2024-2030”

Additionally, biobased Adhesives and Sealants are natural polymeric substances that act as adhesives performing similarly to synthetic alternatives, and are also environment friendly. Biobased Adhesives and Sealants are majorly used for biomedical applications that involve skin or other body tissue due to their biomedical properties. For instance, Collagen-based Biobased Adhesives and Sealants are used for a variety of medical uses such as wound enclosure, by absorbing blood and coagulation products on its fibers, trapping them, and thus effectively adhering to the wound. Petroleum-based synthetic adhesives emit volatile organic compounds (VOCs), which are harmful to the environment as well as to human beings. Biobased Adhesives and Sealants are thus preferred as they are produced from bio-based materials which emit low VOCs, this acts as a major driver for the market. 

According to the Biobased Adhesives and Sealants analysis, the Europe region is estimated to hold the largest market share of 38.7% in 2023. According to Eurostat 2023, EU construction production increased by 1.3%. Biobased Adhesives and Sealants are extensively used in different construction applications. For instance, animal-based and a variety of plant-based Biobased Adhesives and Sealants, majorly soybean Biobased Adhesives and Sealants are used extensively in wood-based applications like plywood, wood flooring, and others. Additionally, the plant-based polyurethane Biobased Adhesives and Sealants were also found to give superior bonding properties to commercially available Biobased Adhesives and Sealants used for wood joints as they make strong joints. The European polyurethane market is expected to grow in the forecast period and its demand is driven due to increased application in the construction and automotive industry. Germany is the major consumer of bio-based adhesives in the European region as it is a major producer of natural rubber- and starch-based adhesives in the global scenario.

Increased environmental regulations are one of the main factors propelling the market for biobased sealants and adhesives. Globally, governments and regulatory agencies are putting rules into place to minimize environmental impacts and lower carbon footprints. These rules promote the use of sustainable materials by compelling producers to create and apply biobased substitutes. Adherence to these rules not only shields businesses from fines but also helps them comply with global sustainability objectives, which propels the growth of the biobased adhesive and sealant market. 

Technological developments in biotechnology are driving the market for biobased adhesives and sealants. Developments in this area have increased the effectiveness of turning biological materials into useful sealants and adhesives, improving their qualities and raising their level of competition with conventional goods. For instance, in September 2023, the adhesives division of Arkema is pleased to present its newest line of bio-based specialty hot melt adhesives. New biopolymer formulations and enhanced processing methods are examples of this progress, which lowers prices and enhances the functionality of biobased goods. Such technological developments are essential for getting over earlier obstacles and increasing the uses of biobased sealants and adhesives in a wider range of industries. 

Key companies profiled in the Biobased Adhesives and Sealants Market are Henkel AG, Cryolife Inc, DuPont de Nemours, Inc., Beardow Adams Group, Jowat SE, Ingredion Incorporated, Artivion, Inc, Sigma-Aldrich, EcoSynthetix Inc, 3M Company, Bostik, Weiss Chemie + Technik GmbH & Co. KG, Cargill, Incorporated, Chemique Adhesives & Sealants Ltd, KLEIBERIT SE & Co. KG and others.