Soy-based Adhesives Market Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020 – 2027 | Solenis, Oregon State University, Cargill, Franklin International, Hairma Chemicals.
The global soy-based adhesives market is anticipated to project a sustainable CAGR during the forecast period 2020-2027. The growth of the market is attributed to the replacement of petroleumbased adhesives with soy-based adhesives. Moreover, the increase in R&D activities regarding the development of the product is boosting the growth of the market.
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Soy-based adhesives are produced with the help of natural soy flour and a crosslinking resin. In the reaction, the resin formulates itself with the protein in the soy flour to form a water-resistant and durable adhesive. This type of adhesive has a better performance as compared to urea-formaldehyde based adhesives.
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Segments Covered in the Report:
Products: • Ordinary Soy-Based Adhesive • Water-Resistant Soy-Based Adhesive Applications: • Manufacturing of Hardwood • Enzyme Treatment • Construction Adhesives • Others Regions: • Asia Pacific • North America • Latin America • Europe • Middle East & Africa
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