Dextrin Vegetable Adhesives Market Size, Competitive Landscape and Market Forecast - 2029

SKU: DMCH1694 | Last Updated On: Jan 23 2023 | Available Formats

> Global Dextrin Vegetable Adhesives Market Expected to reach at a high CAGR by 2029: DataM Intelligence

Global Dextrin Vegetable Adhesives Market is segmented By Product (White Dextrin, Yellow Dextrin, British gums), By Application (Label, Envelope, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029

The Global "Dextrin Vegetable Adhesives Market" is expected to grow at a high CAGR during the forecasting period (2022-2029).

Dextrin Vegetable Adhesives Market Scope and Summary

Metrics

Details

Market CAGR

High

Segments Covered

By Product, By Application and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

 

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Global Dextrin Vegetable Adhesives Market Overview

The global dextrin vegetable adhesives market was worth US$ XX million in 2022 and is estimated to reach US$ XX million by 2030, growing at a CAGR of XX% during the forecast period (2023-2030).

Dextrin vegetable adhesives are created by heating dry starch with less water and acid. The aforementioned process will yield partially or completely water-soluble yellow dextrin, white dextrin and British gums. Dextrin vegetable adhesives contain diverse carbohydrate strains derived from starch hydrolysis. It has various health benefits, including increased bone density, weight loss, lower cholesterol and better skin health. The consumption of dextrin vegetable adhesives is increasing in the pharmaceutical industry and is expected to grow in the market during the forecast period. 

Source: DataM Intelligence Analysis (2023)

Global Dextrin Vegetable Adhesives Market Dynamics and Trends

Dextrin leads to the effectiveness of probiotics, which assists in digestive issues and helps maintain homeostasis in the stomach. Increased health benefits are expected to increase the demand for the dextrin vegetable adhesives market in the forecast period.

Increasing dextrin vegetable adhesives in personal care products drive market growth.

Dextrin vegetable adhesives are made from starch sources such as wheat, corn or potatoes. The increased awareness of natural foods among consumers boosts the demand for white and yellow dextrin. It is made up of natural ingredients, such as wheat dextrin. Natural ingredients involved in water-soluble dextrin, which helps in lowering the level of bad cholesterol, boost immune function, aids mineral absorption and helps maintain the level of blood sugar. Dextrin vegetable adhesives increased consumer expenditure on various beauty products to maintain a regular personal care regime. Increasing adoption of white and yellow dextrin in the cosmetic industry in several types of skin and hair care products and rising consumer expenditure on personal care products globally are expected to provide lucrative opportunities for the yellow and white dextrin market during the forecast period.

Dextrin, a carbohydrate derived from the hydrolysis of starches, is a versatile adhesive commonly used in the paper industry due to its low cost and ease of use. It is made by heating starch under controlled conditions, which causes the starch molecules to break down into smaller, more easily-dissolved dextrin molecules. One of the main advantages of dextrin as an adhesive in the paper industry is its ability to bind fibers together with a strong and durable bond. The respective fact makes it an ideal choice for a wide range of paper products, including corrugated boxes, paper bags and other packaging materials. Additionally, dextrin is non-toxic and environmentally friendly, making it a popular choice for companies looking to reduce their environmental impact. Another advantage of dextrin is its ability to be modified to meet specific needs.

Depending on the application, it can be modified to be water-soluble, heat-resistant or pH-sensitive. Its flexibility makes it a versatile option for paper manufacturers looking to create products with specific properties. The demand for dextrin in the paper industry has been steadily increasing in recent years, driven by the growing demand for sustainable and eco-friendly products. As more companies look to reduce their environmental impact and meet consumer demand for sustainable products, the use of dextrin as an adhesive is expected to continue to grow. In addition to its adhesive, dextrin is used as a binder in producing paperboard and as a thickener in coating formulations. The increasing use of dextrin in the paper industry is driven by its cost-effectiveness and ability to provide strong and durable bonds.

The excess use of dextrin vegetable adhesives impacts health and restrains market growth.

Excessive consumption of synthetic dextrin causes various health problems, including diarrhea, gas and bloating. It is projected to restrain the market growth. Additionally, artificial sweeteners are present in white and yellow dextrin. It causes a negative impact on the health of consumers. Further, consuming synthetic dextrin by patients may lead to increased weight gain, risk of high cholesterol and type 2-diabetes. The respective facts restrict the market growth of dextrin vegetable adhesives.

COVID-19 impact analysis on Dextrin Vegetable Adhesives Market

The COVID-19 pandemic unevenly impacted the global dextrin vegetable adhesives market. The global dextrin vegetable adhesives market experienced moderate growth during this period. Dextrin vegetable adhesives market growth was affected due to the outbreak of COVID-19 in three ways: demand, production, supply chain and market disruption. The restrictions in manufacturing units are some factors that decrease the dextrin vegetable adhesives market. 

The trade restriction, breaking supply chains, government restrictions on manufacturing products and global lockdowns can affect dextrin demand. Therefore, the production processing factories and packaging were closed. The demand for global dextrin vegetable adhesives decreased internationally. Further, with the government movement restrictions and lockdowns, the development of new products was slowed considerably. It also hampered the ability of chemical companies to respond to supply chains giving much more challenging. 

Nonetheless, the pandemic will not impact the long-term growth prospects of the global dextrin vegetable adhesives market since growing pharmaceutical and cosmetic will raise in the coming years. The demand for dextrin vegetable adhesives remains strong and is expected to grow gradually in the coming years.

Dextrin Vegetable Adhesives Market Segmentation Analysis

The global dextrin vegetable adhesives market is segmented into product, application and region. 

The yellow dextrin segment covered a large share of the market due to increasing use in the preparation of liquid and dry adhesives

The dextrin vegetable adhesives market by product is further segmented into white dextrin, yellow dextrin, British gums and others. Yellow dextrin is made from the partial hydrolysis of starch, typically from corn. It is called "yellow" dextrin due to its color caused by certain chemical compounds called carotenoids. Yellow dextrin is commonly used as a vegetable adhesive in many industrial applications. 

Due to its excellent binding properties and low cost, it is often used as a binder to produce tablets, capsules and other solid dosage forms. In addition, it is also used as a binder in producing pellets, granules and other particle-based products. In the food industry, yellow dextrin is used as a thickener and binder in various products, such as gravies, sauces, soups and other food preparations. It also produces processed and snack foods, such as crackers, chips and other snacks.

The cosmetic and personal care items contain yellow dextrin, including high bone density, weight loss, less cholesterol and good skin health. Due to rising consumer disposable incomes, increased awareness of natural and organic products and increased consumer spending on upscale personal care products. The global dextrin vegetable adhesives products are anticipated to experience significant growth during the forecast period.

Source: DataM Intelligence Analysis (2023)

Global Dextrin Vegetable Adhesives Market Geographical Analysis

The global dextrin vegetable adhesives market is segmented into product, application and region. 

The growing pharmaceutical industry and increasing personal care sector investments in Asia-Pacific allow the respective region to dominate the global market

Asia-Pacific dominated the global dextrin vegetable adhesives market in recent years. The leading industry positioning of the Asia-Pacific in the global dextrin vegetable adhesives market can be attributed to several important factors, such as fast-paced growth, increasing demand for cosmetic products and rising demand for the pharmaceutical industry. The main driving factors are the growing pharmaceutical industry and increasing regional personal care sector investments. 

The demand for safety and hygiene products has been high across Asia-Pacific countries, such as Japan, China and India. The demand for dextrin vegetable adhesives is likely to be extremely high across these regions owing to multiple companies demanding dextrin vegetable adhesives for pharmaceutical applications with producing personal care products. 

Furthermore, the increasing regional middle-class population, elderly regional population and increasing income levels amongst these populations may foster the development within the global dextrin vegetable adhesives market in years to come. It is the major factor contributing to Asia-Pacific's dextrin vegetable adhesives market growth.

Additionally, the increasing number of healthcare facilities across Asia-Pacific is the major factor in the solvents used in the formulation of cosmetics & personal care. Moreover, emerging economies of Asia-Pacific, such as India, Thailand, Japan and South Korea, are increasingly dependent on processed cosmetics & personal care that require preservatives to optimize shelf life. The dextrin vegetable adhesives are a widely used label and envelope agent. The demand for the substance is projected to grow steadily in these countries over the forecast period.

Source: DataM Intelligence Analysis (2023)

Global Dextrin Vegetable Adhesives Market Companies and Competitive Landscape

The global dextrin vegetable adhesives market is competitive due to various automotive and services catering to different end-use applications. The major players contributing to growth in the market are PPG Industries, Inc, Akzo Nobel, ADCO Global, Avery Dennison, Bemis, BASF SE, Carlisle Ltd, Dow Chemical Company., Huntsman and Yunzhou Science. The major players in the market adopt several growth strategies such as new product launches, gradation of existing products, textiles, collaborations and government tie-ups to contribute to the growth of the global industry.

Cargill

Overview: Cargill, Incorporated is a U.S.-based, privately held global food corporation. The company operates in 70 countries in Europe, the Americas, the Asia-Pacific, the Middle East and Africa. The company sells its products in around 125 countries globally. It advance nutrition, food safety and sustainability while continuously creating products that satisfy consumer needs. The business portfolio focuses its innovative efforts on producing more environmentally friendly ways to supply customers, consumers and society with the goods they require. It assists in the delivery of iron ore that is carbon neutral. To make zero-carbon shipping a reality, investigating new technologies.

Product Portfolio

  • CPlus dextrins: The product is polysaccharides produced during the pyrolysis of dry or acid-modified starches. Compared to pastes generated from unmodified starch, it can be employed at greater solids and produce stronger bonding, more tack and faster drying qualities. Dextrin pastes have high machinability and can be used in paper and textile sizing, child-safe school pastes, wallpaper, adhesives and coatings that come into contact with food products and dextrin pastes for bag and envelope seams. Additionally, dextrin can encapsulate or granulate active compounds, such as those found in medications made through fermentation.

Why Purchase the Report?

  • Visualize the composition of the global dextrin vegetable adhesives market segmentation by product, application and region, highlighting the critical commercial assets and players.
  • Identify commercial opportunities in the dextrin vegetable adhesives market by analyzing trends and co-development deals. 
  • Excel data sheet with thousands of global dextrin vegetable adhesives market-level 4/5 segmentation data points.
  • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
  • Product mapping in excel for the critical product of all major market players

The global dextrin vegetable adhesives market report would provide approximately 53 market data tables, 48 figures and 250 pages.

Target Audience 2023

  • Label providers
  • Envelope manufacturers 
  • British gums manufacturers
  • Industry Investors/Investment Bankers
  • Education & Research Institutes
  • Research Professionals
  • Cosmetics & personal care manufacturers
  • Pharmaceutical manufactures
  • Food & beverage manufactures

 

Frequently Asked Questions

What is the Projected CAGR value of the Dextrin Vegetable Adhesives Market?

Dextrin Vegetable Adhesives Market is expected to grow at a CAGR of high during the forecasting period 2022-2029.

Which is the fastest growing region in the Dextrin Vegetable Adhesives Market?

Among all regions, Asia Pacific is the fastest growing market share during the forecast period.

Who are the key players in Dextrin Vegetable Adhesives Market ?

Major players are ADCO Global, Avery Dennison, Bemis, BASF, Carlisle, Dow, DuPont, Cytec, Henkel.

 

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