Green Adhesive Market Update: Global Market Insights, Inc.

Bioadhesive market size was estimated at over 750 kilo tons in 2015 and is likely to exceed 2.0 million tons by 2023. This industry is likely to grow at over 12% up to 2023.

Green adhesive market size, in terms of revenue, was valued over USD 850 million in 2015 and is likely to be worth more than USD 2.5 billion by 2023. Europe bioadhesive market size was estimated at over 320 kilo tons in 2014 and is likely to continue its dominance over the forecast period. Government norms towards adopting bio-based products are likely to drive regional demand. Packaging & paper application accounted for more than 38% of the total consumption in Europe. Personal care applications are likely to gain significant rates with CAGR of above 12.5% up to 2023.

Request for an in-depth table of contents for this report @

U.S. bioadhesive market share accounted for more than 80% of global revenue in 2014. Canada is likely to witness significant growth rates in North America up to 2023. Asia Pacific green adhesive market is likely to witness highest gains with an estimated CAGR of over 14% from 2016 to 2023. North America is likely to grow at above average growth rate over the forecast period.

Packaging & paper was the dominant application segment and accounted for more than 37% in 2014. Construction segment was the second largest application and are likely to witness significant growth rates. Medical applications accounted for less than 10% of the market share and are likely to witness highest gains with an estimated CAGR of over 13.5% up to 2023.

Plants were the largest source for green adhesives and accounted for more than 85% of the share in 2014. Animal based products likely to witness steady growth rates with an estimated CAGR of over 13% up to 2023. Raw material will play a critical role in determining bioadhesive market price trend.

Growing awareness towards sustainable packaging from bio based sources owing to depleting conventional resources is likely to favor growth. It is used in various sustainable packaging applications such as cigarettes & filters, printed sheet laminations, specialty and flexible packaging. Increasing packaging applications from frozen food industry is also likely to drive market.

Abundant availability of raw materials such as soy, corn and starch is likely to favor green adhesive market growth and is likely to counter volatile crude oil prices. They are likely to maintain steady market pricing owing to consistent supply of plant and animal based raw materials

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.


Contact Us:

Jack Davis

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1-302-846-7766

Toll Free: 1-888-689-0688