Category

Wood Adhesives Market Size, Share, Opportunities, And Trends By Resin Type (Natural, Animal Based, Plant Based, Synthetic, Thermosetting, Thermoplastic, Others), By Technology (Water Based, Solvent Based, Others), By Application (Plywood, Furniture, Consumer Goods, Others), And By Geography - Forecasts From 2019 To 2024

Published: Mar 2021 | Report Code:  KSI061610575 | Pages:  114

The Wood Adhesives market is estimated to grow at a CAGR of 3.94% over the forecast period, to reach a total market size of US$5.775 billion in 2022, increasing from US$4.580 billion in 2016. Wood Adhesives are components used to bind wooden materials and are majorly used by furniture manufacturing companies. New variants and advanced technologies being used in glues, a rapid increase in the usage of household items, increasing customized furniture needs, and the development of new bonding technologies are the factors driving the market growth. The Americas region is expected to witness a high growth on account of increasing investments in the research and development of low-cost wood adhesives.

Market Dynamics

This section provides comprehensive market dynamics through an overview section along with growth drivers, challenges, and opportunities that exist in the current market. This section of the report also provides supplier and industry outlook; key industry and regional regulations which are determining the product specifications and a brief technological aspect of Wood Adhesives. Complete industry analysis has also been covered by Porter’s five forces model as a part of this report section.

Segmentation

The segmentation for the Wood Adhesives market has been done as follows:

By resin type:

Natural

Animal Based

Plant Based

Synthetic

Thermosetting

Thermoplastic

Others

 

By technology:

Water Based

Solvent Based

Others

 

By application:

Plywood

Furniture

Consumer Goods

Others

 

By geography:

Americas

North America

South America

Europe Middle East and Africa

Europe

MEA

Asia Pacific

 

Market Players

Key industry players profiled as part of the report are:

3M

Henkel AG & Co. KGaA

ITW Dynatec

Huntsman International LLC

Avery Dennison Corporation

Sika AG

The Dow Chemical Company

Hexion

RPM International Inc.

Bostik

Akzo Nobel N.V.

MAPEI Corporation

DriTac

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