Organic Binder Market Forecasts From 2020 To 2025
DESCRIPTION The organic binder market is anticipated to grow at a CAGR of 5.54% in order
to attain a market size of US$10,205.409 million by 2025, from US$7,384.615 million in 2019. Organic binders are biodegradable and hence are considered as environmentally safe. The growing trend for the adoption of green materials is driving the demand for organic binders in several end-user industry verticals. Organic binders, on the basis of binder type are segregated into resins, gums, waxes, and others utilized in various end-use industries round the globe. Hence, the immense potential application of organic binder especially for adhesion and cohesion is further augmenting the market demand in the forecast period.
Some Key Questions Answered By The Report
▪What will be Organic Binder Market from 2020 to 2025? ▪How are the major drivers and restraints affecting the Organic Binder Market. ▪Growth and the opportunities which exist for key vendors? ▪Which segment and region will drive or lead the market growth and why?
Rising Demand Which Impact On Market Growth The food & beverage industry worldwide is growing with 5% y-o-y growth approximately. The expenditure on food products by consumers worldwide is expected to surge to around USD20 trillion by the end of 2030 (source: The New Zealand Institute for Plant & Food Research). The market for
organic binders is projected to grow during the forecast period with the rising trend for healthy, convenient, natural and sustainable food products among a wide range of customers worldwide. Functional foods are gaining traction owing to their ability to provide benefits beyond basic nutrition,
hence they are considered among the fastest-growing segments in the food industry worldwide.
Geography
North America
•
United States
•
Canada
•
Mexico
•
Others
South America
•
Brazil
•
Argentina
•
Others
GEOGRAPHY Europe
Germany
France
Italy
United Kingdom
Others
Middle East and Africa
Israel
Saudi Arabia
UAE
Others
Asia Pacific
Japan
China
India
Others
SEGMENT ANALYSIS
We have included all segments of this market in market research report.
The Organic Binder market has been segmented on the basis of binder type, application and geography.
For complete segment information visit us
https://www.knowledge-sourcing.com/report/organic-binder-market
CONCLUSION
ď‚Ą Major players in the Organic Binder market have been covered along with their
relative competitive position and strategies. ď‚Ą The report also mentions recent deals and investments of different market
players over the last year. ď‚Ą The company profiles section details the business overview, financial
performance for the past three years, key products and services being offered along with the recent developments of these important players in the Organic Binder market.
COMPANY PROFILES BASF SE DuPont de Nemours, Inc. Harmony Additive Pvt. Ltd. Technofink
ENDURA IPNR keramicalia Empower Materials Inc. Ashland
Vesuvius
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