Data Bridge Market Research is offering a new market study covering the bio-based adhesives market. The report predicts the market to grow at a compound annual growth rate (CAGR) of 7% through 2028. 

Bio-based adhesives are used by the packaging, construction, and pharmaceutical industries, among others. Within the packaging and paper sector, bio-based adhesives are used in the production of rigid cardboard boxes, multi-layer films, tapes, and labels. These adhesives enhance the performance of the product’s binding strength, durability, and elasticity.

According to the report, the demand for bio-based adhesives is growing due to the robust biotechnology industry, the serious environmental impact of petrochemical adhesives, and the instability of the supply chain of petrol-based ingredients. 

Technological innovations in the biotechnology industry are anticipated to contribute to the growth of naturally sourced adhesives. Currently, bio-based adhesives are just starting to get a footing in the packaging industry, the study reports. Conventional adhesives are more readily available, but with increased research, combined with stringent government regulations, and consumer demand for eco-friendly products, there is much room for growth for bio-based adhesives. 

This bio-based adhesives market report provides details of new developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, and technological innovations in the market. 

To learn more, visit www.databridgemarketresearch.com.