Report Overview

Saudi Arabia Bioadhesives Market - Industry Trends & Forecast Report, 2029

Saudi Arabia bioadhesives market size was estimated at USD 102.05 million in 2022. During the forecast period between 2023 and 2029, the Saudi Arabia bioadhesives market size is projected to grow at a CAGR of 4.77% reaching a value of USD 139.53 million by 2029. Major growth factors for the Saudi Arabia bioadhesives market include significant use bioadhesives in various sectors, including the medical, paper and packaging, building and construction, woodworking, and personal care industries. Healthcare is the major end-user industry of bioadhesives and expanding investment in this industry by the Saudi Government is projected to boost the overall market growth.

Saudi Arabia Bioadhesives Market – Overview

Natural polymeric substances called bioadhesives function as adhesives. In clinical settings, bioadhesives have proven to be superior to tissue adhesives, hemostats, and tissue sealants. Due to the inherent stickiness, the applications have been broadened to include the fixation of medical devices as well as functional wound dressing and factor delivery vehicles. Although a wide range of materials can be used to make bioadhesives, proteins and carbohydrates are frequently included. They have quickly acquired popularity as an alternative to conventional synthetic adhesives because of their cost-effectiveness, sustainability, and sensitivity to the environment.

Saudi Arabia Bioadhesives Market

Growth Drivers

Increasing Demand for Eco-Friendly and Biodegradable Products

With the increasing burden of harmful synthetic products on the environment and rising focus on the mitigation of its environmental impact, the Saudi Arabia market is rapidly shifting towards eco-friendly materials, which is anticipated to boost the demand for bioadhesives during the forecast period. Natural resources like animal products and starches from plants are used to make bioadhesives. These organic materials become powerful natural adhesives when mixed with additives and resins. Furthermore, these bioadhesives derived from natural sources can also bond with a wide range of materials, which also contributes to its market growth.

Restraints

Frailty in the Performance of Bioadhesives

A research paper published on ScienceDirect revealed that bioadhesives carry the risk of microbial contamination. The report stated that gums and mucilage, which are structural carbohydrates, contain 10% water. Therefore, if exposed to the environment during production, there is a larger chance of microbial contamination. Therefore, the production of bioadhesives requires high precision. However, the lack of human resources with the required skills may limit their production, limiting Saudi Arabia bioadhesives market growth.

Impact of COVID-19 on Saudi Arabia Bioadhesives Market

The unanticipated COVID-19 pandemic restricted the Saudi Arabia bioadhesives market from advancing. Construction, paper and packaging, and personal care were among the key end-user industries of the bioadhesives market that temporarily halted operating, which significantly reduced the demand for these products. Since there was a significant risk of contamination in healthcare facilities, the medical industry in particular was disrupted and overworked at this time, and the availability of wound dressings was also constrained. The expansion of the Saudi Arabia bioadhesives market was also hampered by this.

Saudi Arabia Bioadhesives Market

Segmental Coverage

Saudi Arabia Bioadhesives Market – By Type

Based on type, the Saudi Arabia bioadhesives market is split into plant-based and animal-based segments. The plant-based bioadhesives segment holds a higher share in the Saudi Arabia bioadhesives market, as they are increasingly gaining traction for wound dressing and drug delivery systems. These types of bioadhesives are also capable of making up the volume, enhancing the manufacturing process, or improving the drug delivery process. Some plant-based polysaccharides, such as locust bean gum, Arabic gum, alginate, konjac glucomannan, and carrageenan, have demonstrated remarkable ability as carrier materials.

Saudi Arabia Bioadhesives Market – By Application

Based on application, the Saudi Arabia bioadhesives market is segmented into packaging & paper, construction, wood, personal care, medical, and others. The medical segment accounts for the highest share in the market owing to the rising demand for renewable and environmentally friendly products. In general, bioadhesives are utilized in hemostasis and wound healing, and their usage is only beginning in other biomedical applications including tissue engineering and regeneration. With expanding government investments in the healthcare sector and increasing accessibility, the demand for bioadhesives is projected to surge during the forecast period.

Competitive Landscape

Competition in the Saudi Arabia bioadhesives market. Prominent companies operating in the Saudi Arabia bioadhesives market include DuPont, Henkel AG & Co. KGaA, H.B. Fuller, Ashland Global Holdings Inc., Pidilite Industries Limited, 3M, Arkema S.A., The Dow Chemical Company, Huntsman Corporation, and Jowat SE. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Scope of the Report

By Type

• Plant-based

• Animal-based

By Application

• Packaging & Paper

• Construction

• Wood

• Personal Care

• Medical

• Others

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Executive Summary
3. Saudi Arabia Bioadhesives Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
         1. Increasing demand for eco-friendly and biodegradable products
         2. Growing construction & automotive industries
         3. Government initiatives to promote the use of sustainable materials
      2. Restraints
         1. Lack of awareness about bioadhesives
         2. High cost compared to traditional adhesives
      3. Opportunities
         1. Increasing investment in research and development
         2. Potential use in industries such as packaging and healthcare.
      4. Challenges
         1. Lack of standardization and testing methods
         2. Limited availability of raw materials.
   3. Technology Advancements/Recent Developments
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
4. Saudi Arabia Bioadhesives Market Overview
   1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Type
         1. Plant-based
         2. Animal-based
      2. By Application
         1. Packaging & Paper
         2. Construction
         3. Wood
         4. Personal Care
         5. Medical
         6. Others
5. Competitive Landscape
   1. List of Key Players and Their Range
   2. Saudi Arabia Bioadhesives Company Market Share Analysis, 2022
   3. Competitive Benchmarking, By Operating Parameters
   4. Key Strategic Development (Merger, Acquisition, Partnership)
6. Impact of Covid-19 on Saudi Arabia Bioadhesives Market Industry
7. Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
   1. DuPont
   2. Henkel AG & Co. KGaA
   3. H.B. Fuller
   4. Ashland Global Holdings Inc.
   5. Pidilite Industries Limited
   6. 3M
   7. Arkema S.A.
   8. The Dow Chemical Company
   9. Huntsman Corporation
   10. Jowat SE
   11. Other Prominent Players
8. Key Strategic Recommendations
9. Research Methodology
   1. Qualitative Research
      1. Primary & Secondary Research
   2. Quantitative Research
   3. Market Breakdown & Data Triangulation
      1. Secondary Research
      2. Primary Research
   4. Breakdown of Primary Research Respondents
   5. Assumption & Limitation

List of Figures

Figure 1       Saudi Arabia Bioadhesives Market Segmentation                                

Figure 2       Saudi Arabia Bioadhesives Market Value Chain Analysis                                

Figure 3       Company Market Share Analysis, 2021                            

Figure 4       Saudi Arabia Bioadhesives Market Size, By Value (USD Million), 2019–2029                               

Figure 5       Saudi Arabia Bioadhesives Market Share, By Type, By Value, 2019–2029                                   

Figure 6       Saudi Arabia Bioadhesives Market Share, By Application, By Value, 2019–2029                                     

List of Tables

Table 1        Saudi Arabia Bioadhesives Market Size, By Type, By Value, 2019–2029

Table 2        Saudi Arabia Bioadhesives Market Size, By Application, By Value, 2019–2029

Table 3        DuPont Company Overview

Table 4        DuPont Financial Overview

Table 5        Henkel AG & Co. KGaA Company Overview

Table 6        Henkel AG & Co. KGaA Financial Overview

Table 7        H.B. Fuller Company Overview

Table 8        H.B. Fuller Financial Overview

Table 9        Ashland Global Holdings Inc.  Company Overview

Table 10      Ashland Global Holdings Inc.  Financial Overview

Table 11      Pidilite Industries Limited Company Overview

Table 12      Pidilite Industries Limited Financial Overview

Table 13      3M Company Overview

Table 14      3M Financial Overview

Table 15      Arkema S.A.  Company Overview

Table 16      Arkema S.A.  Financial Overview

Table 17      The Dow Chemical Company - Company Overview

Table 18      The Dow Chemical Company Financial Overview

Table 19      Huntsman Corporation Company Overview

Table 20      Huntsman Corporation Financial Overview

Table 21      Jowat SE Company Overview

Table 22      Jowat SE Financial Overview