New Report Predicts Global Bio-Adhesives Market to Reach $14.6 Billion According to an exclusive report offered by management consulting firm MarketsandMarkets, the global market for bio-adhesives is expected to be worth approximately $14.60 billion by 2029. The report, Bio-adhesives Market by Product Type (Natural, Synthetic), Type (Plant-base, Animal-based), Application (Paper & Packaging, Construction, Woodworking, Medical, Personal Care), and Region — Global Forecast to 2029, projects the market to grow from $9.65 billion in 2024 to $14.6 billion by 2029, growing at a compound annual growth rate of 8.6%. The study reports that Europe accounts for the largest share of the bio-adhesives market. The demand for bio-adhesives is experiencing significant growth across various applications, including paper and packaging, construction, woodworking, medical, personal care, and more. Nations including Germany, the UK, France, China, Japan, India, and the United States, are expected to play a crucial role in driving the bio-adhesives market forward. MarketsandMarkets reports that the second-largest end-user in the bio-adhesives market is the medical sector, due to growing focus on biocompatibility and biodegradability. Advancements in the medical industry increase the need for adhesives that meet regulatory requirements and deliver consistent and safe performance in medical applications. This focus on quality and safety plays a very crucial role in influencing the market value within the medical sector. Additionally, ongoing research and development efforts aimed at enhancing the properties of adhesive materials support the expansion of the medical sector. Hence, manufacturers continue to invest their resources in the development of next-generation solutions to meet the increasing demand for versatile and renewable adhesive solutions in this sector. Results of the report indicate that by country, China is poised to account for the largest share of the bio-adhesives market in the Asia-Pacific region, in terms of value. China is the largest consumer of bio-adhesives in the Asia-Pacific region because of its highly developed industrial base and continuously growing customer groups. The country's efforts to develop sustainable technologies and green manufacturing processes have spurred innovation and use of bio-adhesives in various sectors, including paper and packaging, medical, and personal care. Furthermore, stringent regulations of environmental emissions within China are a factor that challenges manufacturers to find more natural substitutes, making bio-adhesives the best option. The major companies of the country are focusing on the use of bio-adhesives in manufacturing, with particular emphasis on the improvement of performance and variability of products for the global market. These factors create a strong combination of economic growth, backing from the regulatory authorities, and strong technological development in China. In terms of market share, Europe is expected to lead the globe during the forecast period. Rapid industrialization and urbanization in Europe are driving demand across various sectors including paper and packaging, woodworking, construction, and medical. With expanding manufacturing bases in countries like Germany, the UK, and France there is a rising need for bio-adhesives for various applications. Moreover, ongoing advancement in manufacturing technologies and materials, particularly in Germany, are boosting demand in industrial sectors for eco-friendly and non-toxic adhesive solutions. Numerous environmental laws and policies implemented in European countries provide a push towards the development of the biodegradable and environment-friendly adhesives. Advancements in bio-adhesives tailored to a wide range of industrial application needs are poised to further stimulate market growth in the region. https://www.adhesivesmag.com/articles/101342-new-report-predicts-global-bio-adhesives-market-to-reach-146-billion