According to a new market research report published by Global Insight Services “Wood Adhesives Market is expected to reach US$ XX bn by 2031”. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Wood adhesives are substances that are used to hold two pieces of wood together. There are many different types of wood adhesives, each with its own advantages and disadvantages. The type of adhesive that is best for a particular application will depend on the properties of the wood, the environment in which the adhesive will be used, and the desired strength of the bond.
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Key Players
- Henkel AG &Co. KGaA
- H.B. Fuller
- 3M Company
- Ashland Inc.
- Sika A.G.
- The Dow Chemical Company
Key Trends
The key trends in the global wood adhesives market are rising consumer preference for plant–based adhesives and growing demand for bio–based adhesives. The plant–based adhesives are made from renewable and biodegradable sources such as soybeans and tapioca, which are easily available and economical. The bio–based adhesives are made from biomass and are environmentally friendly. They are also biodegradable and are non–toxic. The other trends include increase in construction and renovation activities, and rise in demand for engineered wood products.
Key Drivers
The major factors driving the growth of the market include the growing construction industry, rising demand for wood-based furniture, and increasing preference for green and environment-friendly products. Furthermore, the development of new water-based and solvent-free adhesives is expected to provide a boost to the market growth.
The other key drivers of the wood adhesives market include the growing demand for green and environment-friendly products and the development of new water-based and solvent-free adhesives.
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Market Segments
By Resin Type
- Natural
- Synthetic
By Technology
- Solvent-based
- Water-based
- Other Technologies
By Application
- Furniture
- Plywood
- Cabinets
- Doors and Windows
- Others
Reasons to buy Wood Adhesives Market Report:
- Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
- Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
- Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
- Develop business and M&A strategies through understanding of latest trends and emerging players in the market
- Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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Key Questions answered in the report:
- How is the market structured and what the key drivers and trends of this industry?
- How is the market segmented and what is the size of each segment?
- Which segments and geographies provide best growth opportunities?
- What’s the competitive landscape and positioning of players in this market?
- What is the impact of latest events such as Covid-19 and Russia-Ukraine conflict on the market?
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