Biobased Adhesives Market is to Touch $13.4 Billion by 2030; Increasing environmental awareness among consumers and Rising demand for sustainable and eco-friendly products propel market growth.

The Biobased Adhesives Market size is estimated to reach $13.4 billion by 2030, growing at a CAGR of 9.6% during the forecast period 2024-2030, according to a recent report published by IndustryARC, titled, “Biobased Adhesives Market – By Type (Plant-based Biobased Adhesives and Animal-based Biobased Adhesives), By Application (Boxes & Cartons (Corrugated, Rigid and Folding), Foil aminates, Labels & Envelopes, Cigarettes & Filters, Cosmetics, Wood-Works, Flooring and Others), By End-Use Industry (Paper and packaging, Construction & infrastructure (Residential Construction, Commercial Construction, Industrial Construction), Wood Industry (Plywood, OSB, Glulam and Others), Personal Care (Skincare, Oral care and others), Healthcare (Medical devices and Operating equipment) and Others), By Geography - Global Opportunity Analysis & Industry Forecast, 2024-2030”

Government regulations promoting the use of bio-based materials and Technological advancements in bio-based adhesive formulations are the main drivers of market expansion and are fueling the growth of the Biobased Adhesives industry during the forecast period.

Europe accounted for the largest share of 34% of the Biobased Adhesives Market in 2023 followed by North America and Europe. The Biobased Adhesives Market is driven by increasing environmental regulations, growing consumer preference for sustainable products, advancements in bio-based technologies, and rising demand in the packaging, automotive, and construction industries. These factors collectively promote the adoption of eco-friendly adhesives across various sectors.

The expansion of the automotive sector is increasingly driven by the industry's pursuit of sustainable alternatives, positioning bio-based adhesives as a pivotal component. Automakers are transitioning to eco-friendly materials to meet stringent environmental regulations and consumer demand for greener products. Bio-based adhesives offer the dual benefits of reducing reliance on fossil fuels and lowering carbon footprints. According to the International Organization of Motor Vehicle Manufacturers (OICA), North America produced 14.8 million vehicles in 2022, accounting for 17.4% of global production, and by Q3 2023, this rose to 18.6%, with the U.S. and Mexico among the top ten producers worldwide. Additionally, these adhesives enhance vehicle performance by providing superior bonding solutions that are both durable and lightweight. This shift towards sustainable adhesives aligns with the automotive industry's broader goals of sustainability and innovation, fostering a more environmentally responsible manufacturing process.

The construction industry is increasingly adopting bio-based adhesives due to their sustainable and eco-friendly properties. Derived from renewable resources, these adhesives align with the industry's shift towards greener building practices. Their applications include flooring, wall coverings, and insulation, enhancing performance with improved bonding strength and durability. Bio-based adhesives are becoming a viable alternative to petroleum-based products. Regulatory pressures and certifications favoring sustainable materials drive their adoption. This shift supports environmental goals and meets the growing consumer demand for sustainable construction solutions. According to The Associated General Contractors (AGC) of America, Construction, a major contributor to the U.S. economy, had over 919,000 establishments in early 2023. 

Key companies profiled in the Biobased Adhesives Market are Henkel A, Cryolife Inc, DuPont de Nemours, Inc., Beardow Adams Group, Jowat SE, Ingredion Incorporated, Artivion, Inc, Sigma-Aldrich, EcoSynthetix Inc, 3M Company, H.B. Fuller Company, Arkema Global, Sika AG, Danimer Scientific, Tate & Lyle PLC and Others.