Bio-Based Adhesives Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The market for bio-based adhesives is expected to grow at a CAGR of more than 4% over the forecast period. One of the major factors driving the market studied is stringent regulations for conventional adhesives in United States. However, low shelf life and performance hindrance of bio-based additives in comparison to petroleum-based additives is likely to hinder the market growth.
Key HighlightsThe global bio-based adhesives market is fragmented, with high competition among the key players. Major players operating in the market include Henkel AG & Co. KGaA, Arkema Group (Bostik SA), H.B. Fuller, Ashland and 3M, among others.
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