Bio-based materials are attracting more and more awareness in all fields due to their better environmental footprint and independence from petroleum resources that come with their use and adhesives. According to BlueQuark Research & Consulting, the global Bio-based Adhesives market is expected to witness a significant growth rate during the forecasted period. Factors like increasing demand from the packaging sector as a highly high proportion of all industrial products are sold in packages form are likely to boost the need for Bio based Adhesives during the forecasted period. Further, growing modular construction activities will likely provide growth opportunities for the global Bio based Adhesives market in the forecasted period. Furthermore, rising healthcare awareness regarding diseases and wound infections is also a significant growth driver for the Bio-based Adhesives market in the forecasted period. However, products are giving a massive rise to the prevailing degree of competition owing to the adhesives that are synthetically derived. Thus, easy to manufacture and available at a much lower rate than others in the Bio-based Adhesives market are expected to hinder the global Bio based Adhesives market growth.

Bio-based Adhesives are utilized in the packaging market for an essential function industry for the production of rigid cardboard boxes, multi-layer films, tapes, labels, and so forth. Bio-based Adhesives perceive wide applications such as printed sheets lamination, cigarettes and filters, flexible packaging, and specialty packaging.

Packaging and paper are the essential functions of the industry for Bio-based Adhesives. The unprocessed materials used in the Bio-based Adhesives are rosin, starch, lignin, and soy, and these materials are climate-neutral and impact the environment. An immensely high proportion of all industrial products are sold in packaged form, either owing to stability demands for storage and transport or aesthetic reasons. Most of the packaging materials currently being used are made from the combination of different materials laminated together with the help of adhesives. Applications of bio-based adhesives range from corrugated box construction and lamination of printed sheets to packaging materials worn for all types of consumer products. The Bio-based Adhesives possess desirable mechanical and chemical properties, and it is easy to use, biodegradable, and preserve the shelf life of the products. Biodegradable and plant-based renewable resources are being used to replace petro-based raw materials for the manufacturing of adhesives. The companies using bio-based ingredients are predicted to introduce technological advancements to cater to the increasing demand for bonds in various vertical industries. Bio based Adhesive escalate the product's performance, binding strength, durability & elasticity, and they must be suitable for food packaging due to the eco-friendly environment. The growing need from the packaging area and demand for lightweight and innovative packaging services from the food industry are anticipated to boost the absorption of the Bio-based Adhesive market. Technology innovations & research & developments in the biotechnology industry are expected to continue aiding the acceptance of naturally sourced adhesives for packaging functions. These adhesives are growingly being approved in the packaging industry to produce rigid cardboard boxes, multi-layer films, tapes & labels. These eco-friendly adhesives aid in improvising the product's performance and features, such as durability and elasticity, and these factors are expected to boost the global market.  

Europe dominated the Bio-based Adhesive market due to the high demand from Germany. The increase in bio-succinic acid production in Germany has supported bio-based label adhesives based on bio-succinic acid. The product is generally used in the construction industry for many pipes, cladding panels, waste management systems, & pavements. Owing to a steep rise in the need for market products that are both eco-friendly & secure green buildings are fond of many trends and the much-needed limelight. Green adhesive solutions or Bio-based Adhesive market trends result from renewable, recycled, bio-based, remanufactured, or biodegradable materials that promise reliable health benefits to the occupants. Advancements primarily drive the bio-based adhesives market in biotechnology, environmental regulations on petrochemical adhesives, and a surge in the packaging industry. Technological innovations and research and growth in the biotechnology sector are expected to continue supporting the adoption of naturally sourced adhesives for packaging purposes. These adhesives are growingly being adopted in the packaging industry to manufacture rigid cardboard boxes, multi-layer films, tapes, and labels. These eco-friendly adhesives help improve the product's performance in addition to its properties, such as durability and elasticity. Synthetic adhesives are used most commercially for varied industrial applications. Over the years, with a rise in environmental concerns and regulatory policies, various countries have been adopting bio-based products in multiple applications. The global manufacturers of adhesives are focusing on bio-products to ensure safety and avoid health issues and hazards caused by VOC emissions from synthetic or petro-based adhesives. The strict govt. regulations on the use of petrochemical-based derivatives encourage their substitution by naturally sourced products, which, in turn, positively impacts the growth of the bio-based adhesives market. Additionally, increasing disposable income results in the high demand for personal care and wood-based products, which, in turn, fuels the demand for bio-based adhesion products globally. Products demand in the medical industry is driven by increasing usage in applications such as wound care dressings, transdermal drug delivery, surgeries, & skin-bonded monitoring devices. The utilization of bio adhesives in internal medical applications is poised to witness significant growth over the coming years. For instance, fibrin adhesives are bio-friendly, have a considerable hemostatic effect (prevention of bleeding), and are increasingly used in cardiovascular applications.

Some market's key players are 3M, Dow, DuPont, Henkel, Merck KGaA, Arkema, and H.B. Fuller.

In February 2020, Henkel AG officially inaugurated its new production facility in Kurkumbh, India, near Pune.

In May 2019, Arkema announced its plans to acquire the industrial adhesives business of Nitta-Gelatin Inc.

Global Bio-based Adhesives Market report provides deep insight into the Industrial market's current and future state across various regions. The study comprehensively analyses the Bio-based Adhesive Market by segmenting based on Type (Rosin, Starch, Lignin, Soy, Others), End-User Industries (Packaging, Building & Construction, Healthcare, Personal Care, Others). The report examines the market drivers and restraints and the impact of Covid-19 on the market growth in detail. The study covers emerging market trends, development, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.