World Top 6 Companies in Bioadhesives Market
Bioadhesives Market to Reach USD 11.21 Billion by 2028 and Expected to Grow at a CAGR of 11.2% in Forecast Period
Market overview:
According to vantage market research the global Bioadhesives market was valued at USD 6.84 Billion in 2020 and is projected to reach USD 16.07 Billion, at a growing CAGR of 11.3% during the forecast period 2021 to 2028.
Bio-adhesives are naturally occurring polymeric materials that have adhesive properties and the ability to bind to biological surfaces. Organic intermediates, such as starch, cellulose or gelatin, are used to make this substance. Bio-adhesives are becoming more common due to their eco-friendly nature, and are now favored by synthetic adhesives. These adhesives are used in a variety of end-use industries including lumber, packaging and paper, construction and pharmaceutical.
The outbreak of COVID-19 has affected various industries across the world. The bio-adhesive market is no exception. Governments around the world took serious action such as border seals, lockdowns and strict social distancing measures to contain the rapid spread of COVID-19. These actions had a serious impact on the global economy. Industrialists around the world were forced to shut down their production, disrupting supply chains and causing damage to various industries. However, it is expected that with the reopening of business activities, there will be a steady increase in demand in the market in the coming years. The impact of COVID-19 on market demand is considered while estimating the current and forecast market size and growth trends for all regions and countries.
Following are the top 6 leading companies in the global bioadhesive market:
- Arkema
- Ashland Global Holdings Inc
- Beardow Adams
- Camurus
- DuPont de Nemours, Inc
- Henkel AG
Company Name |
Revenue in USD |
· Arkema |
$8 Billion |
· Ashland Global Holdings Inc |
$2 Billion |
· Beardow Adams |
$66 Million |
· Camurus |
$43 Million |
· DuPont de Nemours, Inc |
$20 Billion |
· Henkel AG |
$23 Billion |
Established in 2004, Arkema Group is a specialty chemicals and advanced materials company offering glass coating products, and organic peroxide. Arkema was introduced on the Paris Stock Exchange in May 2006. With a turnover of €7.9 billion, this corporation has 20,500 employees in more than 55 countries, 13 research centers around the world, and a total of 144 production plants in Europe, North America and Asia and the rest of the world.
The organization is organized into three business segments: Industrial Chemicals and Display Products and Coating Solutions. Arkema operates through industrial facilities in Europe, North America and Asia and marketing subsidiaries in approximately 40 countries.
Established in 1924 Headquartered in Wilmington, Delaware, Ashland Global Specialty Chemicals Inc. is an American chemical company operating in more than 100 countries. The company's roots go back to the city of Ashland, Kentucky, where it was headquartered from 1924 to 1999. The company currently has five wholly owned divisions, which include Chemical Intermediates & Solvents, Composites, Industrial Specialties. Personal and home care, and pharmaceuticals, food and beverage, and agriculture. As of 2017, the company was the primary manufacturer of Valvoline.
Established in 1976 Headquartered in Milton Keynes, United Kingdom. Beardow Adams is a multinational manufacturer of adhesives. The corporation hot-melt adhesives are trusted by more than 10,000 respected manufacturers and are used in demanding packaging, labeling, woodworking, product assembly, bookbinding and converting industry applications.
With offices in the UK, USA, Sweden, Colombia, Spain, Brazil and Germany, and sales in over 80 countries, Beardo Adams is growing around the world.
Founded in 1991 and based in the southern university city of Lund in the Medicon Valley region, the company is listed on Nasdaq Stockholm, Mid Cap.
Camurus AB (publ) is a Swedish research-based pharmaceutical and Biotechnology Company specializing in the commercialization of drugs for the treatment of acute and chronic diseasesthe company was founded by scientists in biophysical, food and pharmaceutical chemistry with expertise in lipid phase structures. The company provides innovative nanoscale drug-delivery systems for the development of high-value therapeutics.
DuPont de Nemours, Inc., commonly known as DuPont, is an American company incorporated on August 31, 2017 by Dow Chemical and E.I. Du Pont is formed by the merger of de Nemours & Company and the subsequent spinoff of Dow Inc. and Corteva. Prior to the spinoff, it was the largest chemical company in the world by sales. The estimated value of the merger is said to be $130 billion. With total revenues of $86 billion in 2018, the company is ranked 35th on the 2019 Fortune 500 list of the largest public corporations in the United States.Since the founding of old DuPont in 1802 DuPont is headquartered in Wilmington, Delaware, the state where it is incorporated.
On June 1, 2019, within 18 months of the merger, DowDupont split into three publicly traded companies focused on agriculture (Corteva), materials science (Dow Inc.), and specialty products (Dupont).
Henkel AG & Co. KGA is a German chemical and consumer goods company headquartered in Düsseldorf, Germany. It is a multinational company operating in both consumer and industrial sectors. Founded in 1876, the DAX Company is organized into three globally operating business units (Laundry & Home Care, Beauty Care, Adhesive Technologies) and is known for brands such as Loctite, Persil, Fa, Pritt, Dial and Purex.
In fiscal year 2020, Henkel reported sales of over €19 billion and operating profit of €2.019 billion. More than 80% of its 52,950 employees work outside Germany.
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