Introduction

• The global bio-based adhesives market is witnessing significant expansion, with an estimated valuation of USD 1.12 billion in 2024, reflecting growing demand for sustainable and eco-friendly bonding solutions across diverse industries.
• Driven by increasing environmental regulations, rising consumer awareness, and a shift toward renewable raw materials, the market is projected to reach approximately USD 3.85 billion by 2032, marking a substantial growth trajectory.
• With a robust compound annual growth rate (CAGR) of 16.3% during the forecast period, bio-based adhesives are poised to transform the adhesives landscape, offering high-performance, environmentally responsible alternatives to conventional synthetic adhesives.

Blue Ocean Strategy - Global Bio-Based Adhesives Market

• Untapped Market Opportunities: Bio-based adhesives present a Blue Ocean opportunity by targeting industries seeking sustainable alternatives, creating uncontested market space away from conventional synthetic adhesives.
• Innovation in Eco-Friendly Formulations: Companies can leverage renewable raw materials and non-toxic formulations to differentiate products, opening new avenues for premium, environmentally responsible adhesives.
• Diversification Across Applications: Expansion into sectors like automotive, construction, packaging, and electronics allows players to create unique value propositions that competitors have not fully explored.
• Sustainability as a Competitive Edge: Emphasizing carbon footprint reduction, biodegradability, and regulatory compliance provides a strategic advantage, attracting environmentally conscious customers.
• Value Innovation for Customers: By offering high-performance adhesives with reduced environmental impact, companies can simultaneously reduce costs, enhance brand loyalty, and redefine industry standards.

Segment and Key Players

1. By Product Type / Segment
1.1 Starch-Based Adhesives
1.2 Protein-Based Adhesives
1.3 Polyurethane-Based Adhesives
1.4 Epoxy-Based Adhesives
1.5 Other Bio-Based Adhesives

2. By Application / End-Use Industry
2.1 Construction & Building
2.2 Packaging
2.3 Automotive
2.4 Woodworking & Furniture
2.5 Electronics & Electrical
2.6 Other Industrial Applications

3. By Region
3.1 North America
3.1.1 United States
3.1.2 Canada
3.1.3 Mexico
3.2 Europe
3.2.1 Germany
3.2.2 France
3.2.3 United Kingdom
3.2.4 Italy
3.2.5 Spain
3.2.6 Rest of Europe
3.3 Asia-Pacific
3.3.1 China
3.3.2 Japan
3.3.3 India
3.3.4 South Korea
3.3.5 Australia
3.3.6 Rest of Asia-Pacific
3.4 Latin America
3.4.1 Brazil
3.4.2 Argentina
3.4.3 Rest of Latin America
3.5 Middle East & Africa (MEA)
3.5.1 South Africa
3.5.2 Saudi Arabia
3.5.3 UAE
3.5.4 Rest of MEA

4. Key Players
4.1 Henkel AG & Co. KGaA
4.2 H.B. Fuller Company
4.3 Ashland Global Holdings Inc.
4.4 Sika AG
4.5 3M Company
4.6 Jowat SE
4.7 Bostik SA (Arkema Group)
4.8 Royal DSM N.V.
4.9 Kuraray Co., Ltd.
4.10 Evonik Industries AG