Global Vegetable Glue Market- Market Overview:

The Global Vegetable Glue market is expected to grow from USD 52.2 billion in 2021 to USD 72.5 billion by 2029, at a CAGR of 4.2% during the projection period 2022-2029. The increasing demand for vegetable glue in paper and packaging is owing to the growth in the retail industry. Furthermore, as there is growth in the construction industry, the demand for wooden work, such as veneer and plywood work, increases the demand for vegetable glue.

Vegetable glue is a glue made from vegetable material, especially by treating starch from cassava root. The starch used for making vegetable glue must contain alkali material in it. It is widely used in plywood and veneer products. The starch from corn, wheat, tapioca, etc., is boiled and treated with alkali to produce a clear and viscous liquid which is called vegetable glue. Vegetable glue is a liquid that is stored at room temperature and does not need to be heated while used. As vegetable glue remains soluble in water, even after drying, vegetable glue can be used for wallpaper paste. Vegetable glue is also called starch adhesives. It is widely used for paper products, paper bags (like grocery bags), corrugated boxes, wallpaper paste, tube winding (like a paper-towel roll), labeling, laminating, and envelopes. The increasing demand for vegetable glue from the packaging industry is expected to drive the market's growth. Furthermore, the market is driven by increasing governmental policies and legislation to reduce environmental pollution and consumer awareness of biodegradable products.

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Market Dynamics:

Drivers:

• Increasing regulations & policies against the use of petrochemical-based adhesives

Currently, synthetic adhesives are widely used for various industrial and commercial applications. However, over the year, with increasing environmental concerns and regulatory policies, several countries are shifting towards using vegetable glue for multiple commercial and industrial applications. Furthermore, the prominent glue and adhesives manufacturers concentrate on vegetable-based glue to assure safety and prevent health problems and hazards brought on by VOC emissions from synthetic or petro-based adhesives. Environmental laws highly regulate North American and European regions. Some organizations, like the Food and Drug Administration (FDA) and the US Environmental Protection Agency (EPA), favor using vegetable glue. Consequently, encouraging R&D efforts and investments to promote the manufacture of renewable products with a bio-based foundation.

Restraints:

• Competition from substitute

Vegetable glue faces major competition from synthetically-derived adhesives as they are easier and cheaper to extract. Apart from this, the market also faces competition from meat glues which are also increasingly used for commercial and industrial purposes. The high competition in the adhesive industry is expected to restrain the growth of vegetable glue. Furthermore, the rare availability of vegetable glue also restraints the market’s growth.

Opportunities:

• Increasing demand for environmentally-friendly product

The demand for vegetable glue is expected to grow over the Projection period owing to the increasing awareness about greener products and sustainability towards the environment. Furthermore, the shift in consumer preferences toward environmentally-friendly products also provide growth opportunities for the market over the Projection period. The chemical industry is investing in producing bio-based chemical products and pushing manufacturers to create VOC-free products, which adds impetus to the market’s growth. Thus, an increasing concern for the environment and environmentally-friendly products is expected to provide growth opportunities for the market over the Projection period.

Challenges

• Lack of advanced technology

The production of vegetable glue requires innovative technology and advanced formulation. The R&D expenditures involved in developing vegetable glue are high compared to other adhesive formulations. This is expected to challenge the market’s growth during the Projection period. Some of the major players investing in R&D activities include EcoSynthetix Inc., Arkema SA, Henkel AG, 3M Company, and Cryolife Inc. The leading market players of the vegetable gue are already providing high-quality adhesives to the customers. This makes it difficult for small and medium-sized manufacturers to enter the market, thus challenging the market's growth.

Segmentation Analysis:

The global Vegetable Glue market has been segmented based on product, application, end-user, and regions.

By Type

The type segment includes powdery and liquid. The powdery segment led the Global Vegetable Glue market with a market share of around 58.22% in 2021. The demand for powdery vegetable glue has been growing owing to its ease of use and storage. Furthermore, the powdery vegetable glue can be used for various applications such as packaging, wood, and home use, propelling the segment’s growth.

By Function

The Function segment includes decoration adhesives, thickeners, and others. The decoration adhesives segment led the global vegetable glue market with a market share of around 36.8% in 2021. Vegetable glue is widely used as decorative adhesive as there is rapid growth in the event management and organization sector. People nowadays prefer heavy decorations for every family function, whether marriages, anniversaries, birthday parties, etc. Vegetable glue can be easily used as decoration adhesive, which propels the segment’s growth.

By End-User

The end-user segment includes the food industry, paper & packaging, construction, woodworking, personal care, medical, and others. The paper & packaging segment led the global vegetable glue market with a market share of around 18.98% in 2021. Some of the paper & packaging application includes foil laminates, bags, disposables, labels, cartons, envelopes, and remoistenable products. Vegetable glue based on protein, dextrin, starch, and other green adhesives is widely used for bonding various consumer products, including certain packaging materials for food cartons or packets, envelopes & paper bags, and others propel the segment’s growth.

By Regional Analysis:

The regions analyzed for the Global Vegetable Glue market include North America, Europe, South America, Asia Pacific, and the Middle East, and Africa. The Asia Pacific region dominated the Global Vegetable Glue market and held a 36.22% market revenue share in 2021.

• Asia Pacific region witnessed a major share. This is mainly attributed to regional construction companies' increased adoption of vegetable glue for domestic and industrial use. Furthermore, the rising income levels and easy access to resources for making vegetable glue propel the market’s growth. The automotive & transportation industry is one of the major consumers of vegetable glue in the North American region. The economic growth in the Asia Pacific region, particularly in developing markets such as Taiwan, India, Indonesia, Thailand, Malaysia, and Vietnam, is contributing to the market growth in the region.
• Europe is expected to witness a considerable growth rate during the projection period. The growth of vegetable glue in the region can be attributed to the growing demand for vegetable glue from the packaging industry. Furthermore, the stringent environmental regulation of using petrochemicals adhesives will help the market’s growth.

Global Vegetable Glue Market- Country Analysis:

• Germany

Germany's Vegetable Glue market size was valued at USD 5.6 billion in 2021 and is expected to reach USD 7.5 billion by 2029, at a CAGR of 3.8% from 2022 to 2029.

Germany is one of Europe's leading shareholders in the Global Vegetable Glue market. The vegetable glue market in Germany has been increasing owing to the tremendous growth in the packaging industry. The number of small-size and premium packaging from the UK's F&B and personal care sectors increased, which propelled the market’s growth. E-retail businesses are also major end-users of packaging materials. In addition, Europe is looking to make the switch from plastic packaging to paper bags. All these factors are anticipated to raise the demand for vegetable glue in the country.

• China

China's Vegetable Glue market size was valued at USD 5.1 billion in 2021 and is expected to reach USD 7.8 billion by 2029, at a CAGR of 5.5% from 2022 to 2029. The growing market demand for vegetable glue from the packaging industry, owing to the increasing use of online shopping, propels the market’s growth in the country. Furthermore, vegetable glue is also widely used in the wood and construction industry adding impetus to the market’s growth over the Projection period.

• India

India's Vegetable Glue market size was valued at USD 5.8 billion in 2021 and is expected to reach USD 9.4 billion by 2029, at a CAGR of 6.3% from 2022 to 2029. India is one of the highest growing economies in the Asia Pacific region, which propel the market’s growth. Furthermore, the region has some prominent vegetable glue manufacturers, which impetus to the market’s growth. There is a rapid increase in online shopping, which increases the need for packaging goods and products for various brands, which increases the need for vegetable glue in the country.

Key Industry Players Analysis:

To increase their market position in the Global Vegetable Glue business, top companies are focusing on tactics such as adopting new technology, mergers & acquisitions, product developments, collaborations, and partnerships, joint ventures, etc.

• Henkel AG & Company
• KGaA
• DuPont de Nemours Inc.
• Arkema
• Ashland Global Holdings Inc.
• Beardow Adams Group
• Paramelt BV
• Jowat SE
• Ingredion Incorporated
• EcoSynthetix Inc.
• Tate & Lyle PLC

Latest Development:

• In February 2020, Henkel AG officially inaugurated its new production facility in Kurkumbh, India, near Pune. The total investment was about USD 57 million, and the main aim of the investment was to serve the growing demand of Indian industries for high-performance solutions in sealants, adhesives, and surface treatment products. Designed as a smart factory, the new plant enables a wide range of Industry 4.0 operations and meets the highest standards for sustainability.

Report Metrics

Report Attribute	Details
Study Period	2021-2029
Base year	2021
CAGR (%)	4.2%
Market Size	52.2 billion in 2021
Projection period	2022-2029
Projection unit	Value (USD)
Segments covered	By Type, By Function,  By End-user
Report Scope	Revenue Projection, competitive landscape, company ranking, growth factors, and trends
Companies covered	AHenkel AG & Company, KGaA, DuPont de Nemours Inc., Arkema, Ashland Global Holdings Inc., Beardow Adams Group, Paramelt BV, Jowat SE, Ingredion Incorporated, EcoSynthetix Inc., Tate & Lyle PLC, among others
By Type	Powdery Liquid
By Function	Decoration adhesive Thickeners Others
By End-User	Food industry Paper & Packaging Construction Woodworking Personal Care Medical Others
Regional scope	North America Europe Asia-Pacific South America Middle East and Africa

Scope of the Report

Global Vegetable Glue Market by Type:

• Powdery
• Liquid

Global Vegetable Glue Market By  Function:

• Decoration adhesive
• Thickeners
• Others

Global Vegetable Glue Market by end-user:

• Food industry
• Paper & Packaging
• Construction
• Woodworking
• Personal Care
• Medical
• Others

Global Vegetable Glue Market by Region:

• North America
  • USA
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Russia
• Asia-Pacific
  • Japan
  • China
  • India
  • Korea
  • Southeast Asia
• South America
  • Brazil
  • Peru
• Middle East and Africa
  • UAE
  • South Africa
  • Saudi Arabia

Political Factors- Currently, synthetic adhesives are widely used for various industrial and commercial applications. However, over the year, with increasing environmental concerns and regulatory policies, several countries are shifting towards using vegetable glue for multiple commercial and industrial applications. Furthermore, the prominent glue and adhesives manufacturers concentrate on vegetable-based glue to assure safety and prevent health problems and hazards brought on by VOC emissions from synthetic or petro-based adhesives. Environmental laws highly regulate North American and European regions. Some organizations, like the Food and Drug Administration (FDA) and the US Environmental Protection Agency (EPA), favor using vegetable glue. Consequently, encouraging R&D efforts and investments to promote the manufacture of renewable products with a bio-based foundation.

Economical Factors- The high cost of vegetable glue is expected to hamper the market's growth over the Projection period. Various vegetable glue manufacturers are available in the market, which increases the cost of the raw materials, and thus, the end product price rises. However, the process of raw materials use for the making of vegetable glue keeps on changing as it completely depends on farming. In addition, powdered vegetable glue based on corn starch is a widely available vegetable glue and is convenient to use as it mixes into liquids easily. Thus, the fluctuating prices of raw materials challenge the market’s growth.

Social Factor- The growth of vegetable glue in Asia is mainly attributed to regional construction companies' increased adoption of vegetable glue for domestic and industrial use. Furthermore, the rising income levels and easy access to resources for making vegetable glue propel the market’s growth. The automotive & transportation industry is one of the major consumers of vegetable glue in the North American region. The economic growth in the Asia Pacific region, particularly in developing markets such as Taiwan, India, Indonesia, Thailand, Malaysia, and Vietnam, is contributing to the market growth in the region.

Technological Factors- The production of vegetable glue requires innovative technology and advanced formulation. The R&D expenditures involved in developing vegetable glue are high compared to other adhesive formulations. This is expected to challenge the market’s growth during the Projection period. Some of the major players investing in R&D activities include EcoSynthetix Inc., Arkema SA, Henkel AG, 3M Company, and Cryolife Inc. The leading market players of the vegetable gue are already providing high-quality adhesives to the customers. This makes it difficult for small and medium-sized manufacturers to enter the market, thus challenging the market's growth.

Environmental Factors- The demand for vegetable glue is expected to grow over the Projection period owing to the increasing awareness about greener products and sustainability towards the environment. Furthermore, the shift in consumer preferences toward environmentally-friendly products also provides growth opportunities for the market over the Projection period. The chemical industry is investing in producing bio-based chemical products and pushing manufacturers to create VOC-free products, which adds impetus to the market’s growth. Thus, an increasing concern for the environment and environmentally-friendly products is expected to provide growth opportunities for the market over the Projection period.

Legal Factors- Henkel AG officially inaugurated its new production facility in Kurkumbh, India, near Pune. The total investment was about USD 57 million, and the main aim of the investment was to serve the growing demand of Indian industries for high-performance solutions in sealants, adhesives, and surface treatment products. Designed as a smart factory, the new plant enables a wide range of Industry 4.0 operations and meets the highest standards for sustainability

1. Introduction
   • Objectives of the Study
   • Market Definition
   • Research Scope
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
   • Porter’s Five Forces Analysis
   • Value Chain Analysis
   • Top Investment Pockets
     • Market Attractiveness Analysis By Type
     • Market Attractiveness Analysis By Function
     • Market Attractiveness Analysis By End-User
     • Market Attractiveness Analysis By Region
   • Industry Trends
5. Market Dynamics
   • Market Evaluation
   • Drivers
     • Increasing regulations & policies against the use of petrochemical-based adhesives
   • Restraints
     • Competition from substitute
   • Opportunities
     • Increasing demand for environmentally-friendly product
   • Challenges
     • Lack of advanced technology

6. Global Vegetable Glue Market Analysis and Projection, By Type
   • Segment Overview
   • Powdery
   • Liquid
7. Global Vegetable Glue Market Analysis and Projection, By Function
   • Segment Overview
   • Decoration adhesive
   • Thickeners
   • Others
8. Global Vegetable Glue Market Analysis and Projection, By End-User
   • Segment Overview
   • Food industry
   • Paper & Packaging
   • Construction
   • Woodworking
   • Personal Care
   • Medical
   • Others
9. Global Vegetable Glue Market Analysis and Projection, By Regional Analysis
   • Segment Overview
   • North America
     • USA
     • Canada
     • Mexico
   • Europe
     • Germany
     • France
     • UK
     • Italy
     • Spain
   • Asia-Pacific
     • Japan
     • China
     • India
   • South America
     • Brazil
   • Middle East and Africa
     • UAE
     • South Africa

10. Global Vegetable Glue Market-Competitive Landscape
    • Overview
    • Market Share of Key Players in the Vegetable Glue Market
      • Global Company Market Share
      • North America Company Market Share
      • Europe Company Market Share
      • APAC Company Market Share
    • Competitive Situations and Trends
      • Component Launches and Developments
      • Partnerships, Collaborations, and Agreements
      • Mergers & Acquisitions
      • Expansions

11. Company Profiles
    • Henkel AG & Company
      • Business Overview
      • Company Snapshot
      • Company Market Share Analysis
      • Company Component Portfolio
      • Recent Developments
      • SWOT Analysis
    • KGaA
      • Business Overview
      • Company Snapshot
      • Company Market Share Analysis
      • Company Component Portfolio
      • Recent Developments
      • SWOT Analysis
    • DuPont de Nemours Inc.
      • Business Overview
      • Company Snapshot
      • Company Market Share Analysis
      • Company Component Portfolio
      • Recent Developments
      • SWOT Analysis
    • Arkema
      • Business Overview
      • Company Snapshot
      • Company Market Share Analysis
      • Company Component Portfolio
      • Recent Developments
      • SWOT Analysis
    • Ashland Global Holdings Inc.
      • Business Overview
      • Company Snapshot
      • Company Market Share Analysis
      • Company Component Portfolio
      • Recent Developments
      • SWOT Analysis
    • Beardow Adams Group
      • Business Overview
      • Company Snapshot
      • Company Market Share Analysis
      • Company Component Portfolio
      • Recent Developments
      • SWOT Analysis
    • Paramelt BV
      • Business Overview
      • Company Snapshot
      • Company Market Share Analysis
      • Company Component Portfolio
      • Recent Developments
      • SWOT Analysis
    • Jowat SE
      • Business Overview
      • Company Snapshot
      • Company Market Share Analysis
      • Company Component Portfolio
      • Recent Developments
      • SWOT Analysis
    • Ingredion Incorporated
      • Business Overview
      • Company Snapshot
      • Company Market Share Analysis
      • Company Component Portfolio
      • Recent Developments
      • SWOT Analysis
    • EcoSynthetix Inc.
      • Business Overview
      • Company Snapshot
      • Company Market Share Analysis
      • Company Component Portfolio
      • Recent Developments
      • SWOT Analysis

List of Table

1. Global Vegetable Glue Market, By Type, 2021–2029(USD Billion)
2. Global Powdery Vegetable Glue Market, By Region, 2021–2029(USD Billion)
3. Global Liquid Vegetable Glue Market, By Region, 2021–2029(USD Billion)
4. Global Vegetable Glue Market, By By Function, 2021–2029(USD Billion)
5. Global Decoration adhesive Vegetable Glue Market, By Region, 2021–2029(USD Billion)
6. Global Thickeners Vegetable Glue Market, By Region, 2021–2029(USD Billion)
7. Global Others Vegetable Glue Market, By Region, 2021–2029(USD Billion)
8. Global Vegetable Glue Market, By End-User, 2021–2029(USD Billion)
9. Global Food industry Vegetable Glue Market, By Region, 2021–2029(USD Billion)
10. Global Paper & Packaging Vegetable Glue Market, By Region, 2021–2029(USD Billion)
11. Global Construction Vegetable Glue Market, By Region, 2021–2029(USD Billion)
12. Global Woodworking Vegetable Glue Market, By Region, 2021–2029(USD Billion)
13. Global Personal care Vegetable Glue Market, By Region, 2021–2029(USD Billion)
14. Global Medical Vegetable Glue Market, By Region, 2021–2029(USD Billion)
15. Global Others Vegetable Glue Market, By Region, 2021–2029(USD Billion)
16. Global Vegetable Glue Market, By Region, 2021–2029(USD Billion)
17. Global Vegetable Glue Market, By North America, 2021–2029(USD Billion)
18. North America Vegetable Glue Market, By Type, 2021–2029(USD Billion)
19. North America Vegetable Glue Market, By By Function, 2021–2029(USD Billion)
20. North America Vegetable Glue Market, By End-User, 2021–2029(USD Billion)
21. USA Vegetable Glue Market, By Type, 2021–2029(USD Billion)
22. USA Vegetable Glue Market, By By Function, 2021–2029(USD Billion)
23. USA Vegetable Glue Market, By End-User, 2021–2029(USD Billion)
24. Canada Vegetable Glue Market, By Type, 2021–2029(USD Billion)
25. Canada Vegetable Glue Market, By By Function, 2021–2029(USD Billion)
26. Canada Vegetable Glue Market, By End-User, 2021–2029(USD Billion)
27. Mexico Vegetable Glue Market, By Type, 2021–2029(USD Billion)
28. Mexico Vegetable Glue Market, By By Function, 2021–2029(USD Billion)
29. Mexico Vegetable Glue Market, By End-User, 2021–2029(USD Billion)
30. Europe Vegetable Glue Market, By Type, 2021–2029(USD Billion)
31. Europe Vegetable Glue Market, By By Function, 2021–2029(USD Billion)
32. Europe Vegetable Glue Market, By End-User, 2021–2029(USD Billion)
33. Germany Vegetable Glue Market, By Type, 2021–2029(USD Billion)
34. Germany Vegetable Glue Market, By By Function, 2021–2029(USD Billion)
35. Germany Vegetable Glue Market, By End-User, 2021–2029(USD Billion)
36. France Vegetable Glue Market, By Type, 2021–2029(USD Billion)
37. France Vegetable Glue Market, By By Function, 2021–2029(USD Billion)
38. France Vegetable Glue Market, By End-User, 2021–2029(USD Billion)
39. UK Vegetable Glue Market, By Type, 2021–2029(USD Billion)
40. UK Vegetable Glue Market, By By Function, 2021–2029(USD Billion)
41. UK Vegetable Glue Market, By End-User, 2021–2029(USD Billion)
42. Italy Vegetable Glue Market, By Type, 2021–2029(USD Billion)
43. Italy Vegetable Glue Market, By By Function, 2021–2029(USD Billion)
44. Italy Vegetable Glue Market, By End-User, 2021–2029(USD Billion)
45. Spain Vegetable Glue Market, By Type, 2021–2029(USD Billion)
46. Spain Vegetable Glue Market, By By Function, 2021–2029(USD Billion)
47. Spain Vegetable Glue Market, By End-User, 2021–2029(USD Billion)
48. Asia Pacific Vegetable Glue Market, By Type, 2021–2029(USD Billion)
49. Asia Pacific Vegetable Glue Market, By By Function, 2021–2029(USD Billion)
50. Asia Pacific Vegetable Glue Market, By End-User, 2021–2029(USD Billion)
51. Japan Vegetable Glue Market, By Type, 2021–2029(USD Billion)
52. Japan Vegetable Glue Market, By By Function, 2021–2029(USD Billion)
53. Japan Vegetable Glue Market, By End-User, 2021–2029(USD Billion)
54. China Vegetable Glue Market, By Type, 2021–2029(USD Billion)
55. China Vegetable Glue Market, By By Function, 2021–2029(USD Billion)
56. China Vegetable Glue Market, By End-User, 2021–2029(USD Billion)
57. India Vegetable Glue Market, By Type, 2021–2029(USD Billion)
58. India Vegetable Glue Market, By By Function, 2021–2029(USD Billion)
59. India Vegetable Glue Market, By End-User, 2021–2029(USD Billion)
60. South America Vegetable Glue Market, By Type, 2021–2029(USD Billion)
61. South America Vegetable Glue Market, By By Function, 2021–2029(USD Billion)
62. South America Vegetable Glue Market, By End-User, 2021–2029(USD Billion)
63. Brazil Vegetable Glue Market, By Type, 2021–2029(USD Billion)
64. Brazil Vegetable Glue Market, By By Function, 2021–2029(USD Billion)
65. Brazil Vegetable Glue Market, By End-User, 2021–2029(USD Billion)
66. Middle East and Africa Vegetable Glue Market, By Type, 2021–2029(USD Billion)
67. Middle East and Africa Vegetable Glue Market, By By Function, 2021–2029(USD Billion)
68. Middle East and Africa Vegetable Glue Market, By End-User, 2021–2029(USD Billion)
69. UAE Vegetable Glue Market, By Type, 2021–2029(USD Billion)
70. UAE Vegetable Glue Market, By By Function, 2021–2029(USD Billion)
71. UAE Vegetable Glue Market, By End-User, 2021–2029(USD Billion)
72. South Africa Vegetable Glue Market, By Type, 2021–2029(USD Billion)
73. South Africa Vegetable Glue Market, By By Function, 2021–2029(USD Billion)
74. South Africa Vegetable Glue Market, By End-User, 2021–2029(USD Billion)

List of Figures 

1. Global Vegetable Glue Market Segmentation
2. Vegetable Glue Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Vegetable Glue Market Attractiveness Analysis By Type
9. Global Vegetable Glue Market Attractiveness Analysis By Function
10. Global Vegetable Glue Market Attractiveness Analysis By End-User
11. Global Vegetable Glue Market Attractiveness Analysis By Region
12. Global Vegetable Glue Market: Dynamics
13. Global Vegetable Glue Market Share By Type(2021 & 2029)
14. Global Vegetable Glue Market Share By Function(2021 & 2029)
15. Global Vegetable Glue Market Share By End-User(2021 & 2029)
16. Global Vegetable Glue Market Share by Regions (2021 & 2029)
17. Global Vegetable Glue Market Share by Company (2020)