Vegetable Glue Market - Industry Size, Share, Growth & Forecast 2028 | UnivDatos

 

Vegetable glue is an adhesive material that is made from vegetable material. Vegetable glues are ideal for kitchen goods, and packaging applications and the increasing demand from the packaging industry is responsible for the growth of the market for vegetable glue. Furthermore, the rising food industry along with the increasing demand from the decoration industry also catalyzes the market growth of vegetable glue. Furthermore, the increasing interest of people in designing and refurbishing their homes is another factor responsible for the market growth of vegetable glue.

COVID-19 Impact

The vegetable glue market is expected to grow at a steady rate of around 3% owing to the rising demand for organic adhesives from the textile industry. Major companies in the market that offer vegetable glue include Heigl Adhesives., Frameware, Gluefast Co. Inc, Ronstan Paper & Packaging, L.D. Davis Industries, Astro packaging, Olympic Adhesives Inc., Adhesive Products Inc., Star Packaging Supplies Co., and Shandong Shenghuang Chemical.

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According to UnivDatos Market Insights (UMI)’ research report “Global Vegetable Glue Market”, the market is expected to witness robust growth during the forecast period (2022-2028). This is mainly due to the increasing adoption of edible glue in the food packaging.

Based on the function, the market has been categorized into decoration adhesives, thickeners, and others. Among them, the decoration adhesive segment is expected to have significant growth in the market.  The rising decoration industry along with the demand for environmentally friendly materials increases which is the responsible factor for the growth of the segment in the vegetable glue market.

Based on the type, the market has been categorized into powdery and liquid. Among them, the liquid segment is expected to have significant growth in the market during the forecast period. The liquid adhesives are easy to apply, and the cost-effectiveness of the liquid glues is responsible for the significant growth of the segment in the market.

APAC to witness extensive growth

For a better understanding of the market adoption of the Vegetable Glue industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. The Asia Pacific constitutes a significant share of vegetable glue mainly due to the rising food industry and increasing trends in environmental safety are attributed to the significant growth of vegetable glue in the region.

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According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the Vegetable Glue market are Heigl Adhesives., Frameware, Gluefast Co. Inc, Ronstan Paper & Packaging, L.D. Davis Industries, Astro packaging, Olympic Adhesives Inc., Adhesive Products Inc., Star Packaging Supplies Co., and 3 Trees Group.

“Global Vegetable Glue Market” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors’ capabilities on different parameters. This will help companies in the formulation of go-to-market strategies and identifying the blue ocean for its offerings.   

Market Segmentation:

1.      By Function (Decoration Adhesives, Thickeners, and Others)

2.      By Type (Powdery and Liquid)

3.      By Region (North America, Europe, Asia-Pacific, Rest of the World)

·        By Company (Heigl Adhesives., Frameware, Gluefast Co. Inc, Ronstan Paper & Packaging, L.D. Davis Industries, Astro packaging, Olympic Adhesives Inc., Adhesive Products Inc., Star Packaging Supplies Co., and 3 Trees Group)

Key questions answered in the study:

1.      What are the current and future trends in the global vegetable glue industry?

2.      How the industry has been evolving in terms of function and type?

3.      How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.      What are the key growth drivers and challenges for the global vegetable glue industry?

5.      What is the customer orientation, purchase behavior, and expectations from the global suppliers across various region and countries?