BIOADHESIVES MARKET GROWS AS FUNCTIONALITY AND COST BENEFITS IMPROVE
April 25th, 2022
Government regulations to control pollution coupled with increasing consumer awareness for biodegradable products look set to drive a 50% uptick in the global bio-adhesives market over the next three years. Standing at USD6 billion in 2020, the worldwide bio-adhesives market is forecast to reach USD9.6 billion by 2025 at a CAGR (compound annual growth rate) of 10%, according to a 2021 report from analysts Market and Markets (1).
The growing use of bio-based bonding products in end use industries – such as electric vehicles, construction, ...
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