[145 Pages Report] The global wood adhesives market is projected to reach USD 5.24 Billion by 2026, at a CAGR of 3.10% from 2016 to 2026.

The years considered for the study are:

Base Year: 2015

Forecast Periods: 2016�2021 (short-term) and 2016-2026 (long-term)

Objectives of the study:

To define, describe, and forecast the global wood adhesives market on the basis of resin type, technology, application, and region

To provide detailed information about key factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)

To strategically analyze micromarkets with respect to individual growth trends, future prospects, and contribution to the overall market

To analyze the opportunities in the market for stakeholders and provide a competitive landscape for market leaders

To strategically profile key players and comprehensively analyze their market shares and core competencies

Both, top-down and bottom-up approaches have been used to estimate and validate the size of the global wood adhesives market, and estimate the size of various other dependent submarkets. The research study involved the extensive use of secondary sources, directories, and databases such as Hoovers, Bloomberg, Chemical Weekly, Factiva, ICIS, and Securities and Exchange Commission (SEC), among other government and private websites, to identify and collect information useful for the technical, market-oriented, and commercial study of the global wood adhesives market.

To know about the assumptions considered for the study, download the pdf brochure

The global wood adhesives market has a diversified and established ecosystem of upstream players, such as raw material suppliers and downstream stakeholders such as manufacturers, vendors, end users, and government organizations. Henkel AG & Co. KGaA (Germany), H.B. Fuller (U.S.), 3M Company (U.S.), Ashland Inc. (U.S.), Sika A.G. (Switzerland), The Dow Chemical Company (U.S.), AkzoNobel N.V. (Netherlands), Bostik SA (France), and Pidilite Industries (India) are leading players operating in the global wood adhesives market.

Key Target Audience:

Manufacturers of Wood Adhesives

Raw Material Suppliers

Traders, Distributors, and Suppliers of Wood Adhesives

Government & Regional Agencies and Research Organizations

Investment Research Firms

Scope of the Report:

This research report categorizes the global wood adhesives market on the basis of resin type, technology, application, and region

On the basis of Resin Type:

Natural Resin Adhesives Animal-based Casein Blood-Albumin Glue Plant-based Starch-based Protein-based

Synthetic Resin Adhesives Thermosetting Resin Adhesives Urea-Formaldehyde Melamine Formaldehyde Phenol Formaldehyde Resorcinol and Phenol-Resorcinol Formaldehyde Thermoplastic Resin Adhesives Polyvinyl Acetates Hot-Melt Adhesives Others



On the basis of Technology:

Solvent-based

Water-based

Solventless

Others

On the basis of Application:

Furniture

Plywood

Particle Board

Flooring & Decks

Cabinet

Windows & Doors

Others (Marine, Tile Board, Shutters, Sidings, Ceilings, and Wooden Toys)

On the basis of Region:

North America

Europe

Asia-Pacific

Middle East & Africa

South America

The market is further analyzed on the basis of key countries in each of these regions.

Available Customizations:

Along with the market data, MarketsandMarkets offers customizations according to the specific needs of the company. The following customization options are available for the report:

Regional Analysis:

Country-level analysis of the global wood adhesives market, by resin type and application

Company Information:

Detailed analysis and profiles of additional market players

The global wood adhesives market is projected to reach USD 5.24 Billion by 2026, at a CAGR of 3.10% from 2016 to 2026. Expansion of the furniture, woodworking, and construction industries, rising urban population, increase in remodeling & renovation activities, and recovery of the global economy are significant factors contributing to the growth of the global wood adhesives market.

Furniture is the largest end-use application of wood adhesives. Expansion of the housing sector and growth of the furniture industry have propelled the demand for wood adhesives. Rapid urbanization in the ASEAN countries is anticipated to increase the consumption of wood adhesives during the forecast period.

On the basis of resin type, the global wood adhesives market has been segmented into natural resin adhesives and synthetic resin adhesives. Synthetic resin is projected to be the largest resin type segment in the global wood adhesives market, owing to its superior properties, such as quick curing time and consumer-friendly usage. Synthetic resin wood adhesives are increasingly used in furniture, flooring, plywood, and cabinets.

North America, Europe, Asia-Pacific, South America, and the Middle East & Africa are key regions considered for analysis in the global wood adhesives market. The Asia-Pacific region leads the global wood adhesives market, in terms of value and volume. China and India are major markets for wood adhesives in the Asia-Pacific region. Increase in manufacturing activities, rise in income levels, affordable interest rates, and changing lifestyles are factors contributing to the growing demand for wood adhesives in the Asia-Pacific region.

However, environmental regulations in European countries act as a major restraint impacting the growth of the global wood adhesives market. Under the EU environmental law, there are over 500 directives, regulations, and decisions related to an eco-friendly and green environment. The principal environmental acts include Environmental Protection Agency Act 1992, Planning and Development Act 2000, and Protection of the Environment Act 2003, among others.

Key players operating in the global wood adhesives market include Henkel AG & Co. KGaA (Germany), 3M Company (U.S.), Bostik SA (France), H.B. Fuller (U.S.), Sika AG (Switzerland), Ashland Inc. (U.S.), AkzoNobel N.V. (Netherlands), and Pidilite Industries (India), among others. Diverse product portfolios, strategically positioned R&D centers, adoption of development strategies, and technological advancements have helped companies strengthen their position in the global wood adhesives market. These companies are also adopting various organic and inorganic growth strategies such as expansions, mergers & acquisitions, and new product launches to enhance their market share.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst