The South American bioadhesive market is anticipated to increase at a CAGR of 12.81%, from US$120.781 million in 2020 to US$280.780 million by 2027.
Bioadhesives are glues made from biological materials like gelatin, starch, or cellulose that are naturally occurring polymeric compounds having adhesive properties. Under a number of circumstances, they are frequently used to hold various materials together and prevent their separation. They are also employed to facilitate adhesion between cells, between an organism and external surfaces, and between living and non-living elements of an organism. Bioadhesives are becoming more and more well-liked since they are more environmentally friendly than synthetic adhesives. The end-use sectors for the adhesives include manufacturing, packaging & paper, medical, and wood, among others.
Bioadhesives are glues made from biological materials like gelatin, starch, or cellulose that are naturally occurring polymeric compounds having adhesive properties. Under a number of circumstances, they are frequently used to hold various materials together and prevent their separation. They are also employed to facilitate adhesion between cells, between an organism and external surfaces, and between living and non-living elements of an organism. Bioadhesives are becoming more and more well-liked since they are more environmentally friendly than synthetic adhesives. The end-use sectors for the adhesives include manufacturing, packaging & paper, medical, and wood, among others.
Rise in construction to boost the growth of the bioadhesives market in the South America Region
Due to the features and physical properties of adhesives and sealants, the building and construction sector accounts for a large portion of their consumption, making it the market's main end-user category. They are utilized in a variety of settings, including HVAC (heating, ventilation, and air conditioning), concrete, joint cement, resilient flooring, roofing, fixed window frames, etc. Growing construction activity in nations like Brazil, Columbia, Chile, and Peru is probably going to fuel the demand for bio-based adhesives in the region.Rising demand in Pharmaceutical packaging to boost the growth of the bioadhesives market in the South America Region
The increasing applications of bioadhesives across a variety of end-use sectors are the primary drivers driving the market expansion. The rise is attributed to the expansion of packaging applications in pharmaceutical packaging. Bioadhesives are quickly displacing conventional invasive wound closure techniques, such as surgical sutures, staples, and wires, in the healthcare industry due to their antibacterial, antioxidant, anti-inflammatory, enhanced wound healing, and leakage prevention properties. They are also utilized in skin-bonded monitoring systems, wound care dressing, and transdermal medication delivery.Market Developments:
- April 2022: Ashland has unveiled a brand-new water-based pressure-sensitive bioadhesive technology that complies with ISO 10993 for direct skin contact applications completely. This portfolio consists of seven ArosetTM and FlexcrylTM acrylic PSAs that are highly competitive and created for demanding applications. These seven PSAs grades are offered on the market and prepared to meet the requirements of applications governed by ISO 10993.
- April 2020: In order to increase productivity and use less energy in the production of appliances, automotive electronics, lighting, and avionics, Dow has created a new DOWSILTM EA-3838 Fast Adhesive, an advanced primerless silicone bioadhesive that cures quickly without oven heat. This revolutionary new adhesive offers quick bonding for faster cycle times and cures at room temperature. Aside from that, DOWSILTM EA-3838 Fast Adhesive forms solid, dependable bindings between a number of incompatible materials, including glass to metal, painted metal, and plastic.
Product Offerings:
- GantrezTM ms-955 polymer: Maleic anhydride polymer and copolymer is GantrezTM ms-955 polymer. It is offered as an off-white powder and is a sodium and calcium salt mixture of methyl vinyl ether and maleic anhydride. The polymer chains are further cross-linked by the cations' formation of salt bridges. It hydrates, enabling cohesion and stickiness in denture adhesive creams. It can be used directly in formulas for denture adhesives. The features and advantages give a strong, long-lasting hold for denture adhesive lotions and powders in wet conditions. Oral patches and denture adhesives are among the applications.
- 3MTM Fast Tack Water Based Bioadhesive 1000NF: The 3MTM Fast Tack Water Based Adhesive 1000NF is a one-part, solventless adhesive that requires no mixing for safe and simple handling. A proprietary water-based adhesive from 3MTM, Fast Tack Water-Based Adhesive 1000NF combines quick, heat-resistant bonding, repositionability, and high ultimate strength to produce successful results. Waste is reduced by low overspray and high coverage. The 3MTM Fast Tack Water-Based Adhesive 1000NF has a quicker bonding time than most one-part water-based adhesives, achieving handling strength in about one minute or less to keep production processes moving. The adhesive is non-flammable and free of polychloroprene, which can help to lower insurance costs and increase workplace safety.
Market Segmentation:
By Source
- Plant Based
- Animal Based
By Industry Vertical
- Packaging
- Construction
- Healthcare
- Consumer Goods
- Others
By Country
- Brazil
- Argentina
- Others
Table of Contents
1. INTRODUCTION1.1. Market Overview
1.2. COVID-19 Scenario
1.3. Market Definition
1.4. Market Segmentation
2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Assumptions
3. EXECUTIVE SUMMARY
3.1. Research Highlights
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter's Five Force Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. SOUTH AMERICA BIOADHESIVE MARKET BY SOURCE
5.1. Introduction
5.2. Plant Based
5.3. Animal Based
6. SOUTH AMERICA BIOADHESIVE MARKET BY INDUSTRY VERTICAL
6.1. Introduction
6.2. Packaging
6.3. Construction
6.4. Healthcare
6.5. Consumer Goods
6.6. Others
7. SOUTH AMERICA BIOADHESIVE MARKET BY COUNTRY
7.1. Introduction
7.2. Brazil
7.3. Argentina
7.4. Others
8. COMPETITIVE ENVIRONMENT AND ANALYSIS
8.1. Major Players and Strategy Analysis
8.2. Emerging Players and Market Lucrativeness
8.3. Mergers, Acquisitions, Agreements, and Collaborations
8.4. Vendor Competitiveness Matrix
9. COMPANY PROFILES
9.1. Henkel AG & Co. KGaA
9.2. 3M
9.3. Danimer Scientific
9.4. Dow Chemical Company
9.5. Ashland, Inc.
9.6. Ecosynthetix Inc.
9.7. Yparex (The Compound Company)
*Not an exhaustive list
Companies Mentioned
- Henkel AG & Co. KGaA
- 3M
- Danimer Scientific
- Dow Chemical Company
- Ashland, Inc.
- Ecosynthetix Inc.
- Yparex (The Compound Company)
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 82 |
Published | January 2023 |
Forecast Period | 2020 - 2027 |
Estimated Market Value ( USD | $ 120.78 million |
Forecasted Market Value ( USD | $ 280.78 million |
Compound Annual Growth Rate | 12.8% |
No. of Companies Mentioned | 7 |