Bio-based Adhesives Market Competitive Landscape, Insights by Geography, and Growth Opportunity With the rising implementation of strict environmental regulations in several countries, on account of the growing pollution levels and environmental degradation, the sales of bio-based adhesives are picking up rapidly across the world. In the recent times, the governments of many countries have enacted stringent regulations that limit the usage of petrochemical-based adhesives. This has, in turn, fueled the requirement for eco-friendly alternatives such as bio-based adhesives, which are naturally produced unlike the petrochemical ones. Besides the aforementioned factors, the rising requirement for wood-based and personal care products are also boosting the sales of bio-based adhesives across the globe. Furthermore, the rapid technological advancements being made and the extensive research and development (R&D) activities being conducted in the biotechnology industry are causing the swift development of highly advanced bio-based adhesives that can be used in packaging applications. These adhesives are being increasingly used for the production of tapes, labels, multi-layer films, and cardboard boxes. For Getting More Insights of This Report:- https://www.psmarketresearch.com/market-analysis/bio-based-adhesives-market These adhesives are extremely durable and have high elasticity. Additionally, they are very environment-friendly and significantly improve the product performance in the packaging industry. Moreover, with the boom of the global packaging industry, the requirement for these adhesives will soar in the coming years. The other major factor pushing up the demand for bio-based adhesives is the surging disposable income of people, especially in the developing countries around the world. In the past, these adhesives were used heavily in cigarette filters, specialty and flexible packaging, printed sheet laminations, and various other applications as sustainable packaging solutions. Furthermore, because of the eco-friendly characteristics of these adhesives, they are being increasingly used in the medical industry in the domains of wound care and transdermal drug delivery. Globally, the European bio-based adhesives market was very lucrative in the past, as per the findings of P&S Intelligence, a market research company based in India. Therefore, it can be said with conviction that the popularity of bio-based adhesives will go up across the world in the forthcoming years, mainly because of the rising public awareness about the pollution caused due to the usage of petrochemical-based adhesives, the implementation of strict regulations in several countries, and the rising consumer preference for eco-friendly adhesives over the synthetic ones all over the world.

Rooftop Solar PV Market Business Analysis, Growth and Forecast Report The adoption of solar energy has risen considerably during the past few years, owing to the rapidly declining fossil fuels. While even now, the bulk of energy demand is being fulfilled with fossil fuels, the focus towards renewable energy sources has increased. Since the use of fossil fuels for energy generation has left the environment in a highly degraded state, the need for moving to alternate sources is pressing. Therefore, people and governments alike are increasingly adopting eco-friendly solutions all across the globe. This is resulting in the increasing demand for rooftop photovoltaic (PV) in both residential and commercial sectors. The adoption of these products is widely dependent upon government initiatives. Incentives mechanisms, including tenders, technology-specific renewable portfolio standards, premiums for the feed-in of excess power generated in self-consumption systems, tax credits, and traditional feed-in tariffs or power purchase agreements, are the major reason behind the growing deployment of rooftop solar PV in different application areas. For Getting More Insights of This Report:- https://www.psmarketresearch.com/market-analysis/rooftop-solar-pv-market It is because of such factor that the global rooftop solar PV market is projected to advance at a significant pace in the years to come. As government and private organizations are trying to adopt these models for commercial and residential application, the demand is predicted to rise in the coming years. This rapidly growing demand for rooftop solar PVs has further resulted in the development of cheap modules, which is further expected to lead to the increasing adoption of these products in low and middle income countries. Rooftop solar PV systems comprise solar PV panels and other related equipment, including monitoring and mounting units, batteries, cables, junction boxes, meters, inverters, and transformers. The key applications of rooftop solar PV modules are off-grid and on-grid, between which, the demand for these products was higher for off-grid applications in the past. The reason for this is the increased costs of integrating systems to grids. Furthermore, the application of supply management infrastructure, including transport cables, meters, and management systems for grid integration, is a costly endeavor as well. In conclusion, the demand for rooftop solar PVs is growing due to the increasing focus on renewable energy resources, government initiatives, and falling cost of the technology.