Global Demand for Bio-Based Adhesives Set to Soar in Coming Years
With the rising implementation of strict environmental regulations in several countries, on account of the growing pollution levels and environmental degradation, the sales of bio-based adhesives are picking up rapidly across the world. In the recent times, the governments of many countries have enacted stringent regulations that limit the usage of petrochemical-based adhesives. This has, in turn, fueled the requirement for eco-friendly alternatives such as bio-based adhesives, which are naturally produced unlike the petrochemical ones.
The increasing spending power of people is augmenting the sales of various wooden products, in which, the bio-based adhesives are used quite heavily. Hence, due to the ballooning sales of these adhesives all over the world, the global bio-based adhesives market is growing at an explosive pace and will exhibit huge expansion in the future years. Historically, the usage of the plant-based adhesives was observed to be considerably higher than the animal-based ones, mainly because of their lower processing costs.
The main factor that caused the boom of this industry in Europe in the last few years is the high requirement for bio-based adhesives in the packaging industry of several European nations such as the Netherlands and Germany. Further, the sales of these adhesives were very high in North America in the past years, due to the rapid surge of various end-use industries, rapid growth in local manufacturing, and the existence of numerous domestic bio-based adhesives producers in the region.
Therefore, it can be said
with conviction that the popularity of bio-based adhesives will go up across
the world in the forthcoming years, mainly because of the rising public
awareness about the pollution caused due to the usage of petrochemical-based
adhesives, the implementation of strict regulations in several countries, and
the rising consumer preference for eco-friendly adhesives over the synthetic
ones all over the world.
