Market Overview:
The global particle board adhesives market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for particle board adhesives from various end-use industries, such as industrial, residential, and commercial. In terms of type, the solvent-based segment is expected to lead the global particle board adhesives market during the forecast period. This can be attributed to its properties such as high bonding strength and water resistance.
Product Definition:
Particle board adhesives are used to bond particle boards together. The adhesive creates a strong bond between the particles and helps to prevent the boards from splitting or warping.
Solvent-Based:
Solvent-based adhesives are widely used in the particle board industry. The growth of this market is attributed to the growing demand for eco-friendly products and increasing awareness regarding green chemistry. Solvent based adhesives have a high demand as they are environment friendly, low VOC content, and comply with regulatory standards such as California’s Air Resource Board (CARB) regulations.
Water-Based:
Water-based adhesives are widely used in the wood industry for various applications such as particle board manufacturing. The water-based products have a lower VOC content and higher biodegradability as compared to solvent-based counterparts.
The demand for waterborne adhesives is increasing on account of their environment friendliness, which makes them suitable to be used in numerous end uses including furniture, packaging, automotive interiors and exteriors along with general industrial usage.
Application Insights:
The industrial segment dominated the global particle board adhesives market in terms of revenue share in 2017. The growing demand for particleboard products from various industries including construction, automotive, and packaging is expected to drive the product demand over the forecast period. In addition, increasing investments by governments to develop infrastructure and promote manufacturing sectors are anticipated to propel industry growth over the coming years.
Residential application was one of the prominent segments accounting for a significant market share in 2017 owing to rising housing needs across various regions coupled with high consumer spending on home improvement activities is expected to drive product consumption over next eight years. In addition, increasing use of MDF as subflooring material due largely its low cost coupled with ease of installation is projectededto fuel industry expansion during this period.
Commercial applications include offices buildings.
Regional Analysis:
Asia Pacific was the largest market for global particle board adhesives, accounting for a share of over 35.0% in 2017. The growth is attributed to increasing construction activities in emerging economies such as China and India owing to growing urbanization and rising disposable income of consumers. In addition, rapid industrialization along with government support is expected to drive the demand further from 2018 to 2030.
Europe was the second-largest market for global particle board adhesives due to high demand from residential application segment driven by consumer preference towards green building materials coupled with stringent regulations regarding VOC emissions in countries like Germany and France pertaining environmental impact statement (EIA). Increasing awareness about energy efficiency along with changing lifestyle has led people toward opting green buildings which require less maintenance cost over time thus driving product adoption across this region during forecast period.
North America accounted for a significant share of revenue due its wide presence of manufacturers including 3M; Avery Denison; Diversey Inc.; Johnson Controls Inc.
Growth Factors:
- Growing demand from the construction industry for particle board adhesives as a result of increasing infrastructure development activities across the globe.
- Rising demand for particle board adhesives from the furniture and fixtures industry due to growth in consumer spending on furniture and fixtures products.
- Increasing use of particle board adhesives in automobiles and other transportation equipment due to growing demand for lightweight vehicles with better fuel efficiency.
- Proliferation of online retailing that is resulting in increased sales of furniture and fixtures, which is driving the need for more particle board adhesive products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Particle Board Adhesives Market Research Report
By Type
Solvent-Based, Water-Based, Solventless
By Application
Industrial, Residential, Commercial
By Companies
Henkel AG, H.B. Fuller, 3M, Ashland, Sika, Dow Chemical, AkzoNobel, Bostik SA, Pidilite Industries, LORD Corp, Wacker Chemie AG, Huntsman, ThreeBond, Avery Dennison, Franklin International
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Particle Board Adhesives Market Report Segments:
The global Particle Board Adhesives market is segmented on the basis of:
Types
Solvent-Based, Water-Based, Solventless
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Residential, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Henkel AG
- H.B. Fuller
- 3M
- Ashland
- Sika
- Dow Chemical
- AkzoNobel
- Bostik SA
- Pidilite Industries
- LORD Corp
- Wacker Chemie AG
- Huntsman
- ThreeBond
- Avery Dennison
- Franklin International
Highlights of The Particle Board Adhesives Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Solvent-Based
- Water-Based
- Solventless
- By Application:
- Industrial
- Residential
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Particle Board Adhesives Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Particle board adhesives are a type of adhesive that is used to attach particleboard panels together. They are available in a variety of formulations, and can be used to attach particleboard sheets, boards, or even entire assemblies. Particle board adhesives typically have high bond strengths and low moisture reactivity, which make them ideal for use in applications where water exposure is not an issue.
Some of the major companies in the particle board adhesives market are Henkel AG, H.B. Fuller, 3M, Ashland, Sika, Dow Chemical, AkzoNobel, Bostik SA, Pidilite Industries, LORD Corp, Wacker Chemie AG, Huntsman, ThreeBond, Avery Dennison, Franklin International.
The particle board adhesives market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Particle Board Adhesives Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Particle Board Adhesives Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Particle Board Adhesives Market - Supply Chain
4.5. Global Particle Board Adhesives Market Forecast
4.5.1. Particle Board Adhesives Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Particle Board Adhesives Market Size (000 Units) and Y-o-Y Growth
4.5.3. Particle Board Adhesives Market Absolute $ Opportunity
5. Global Particle Board Adhesives Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Particle Board Adhesives Market Size and Volume Forecast by Type
5.3.1. Solvent-Based
5.3.2. Water-Based
5.3.3. Solventless
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Particle Board Adhesives Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Particle Board Adhesives Market Size and Volume Forecast by Application
6.3.1. Industrial
6.3.2. Residential
6.3.3. Commercial
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Particle Board Adhesives Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Particle Board Adhesives Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Particle Board Adhesives Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Particle Board Adhesives Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Particle Board Adhesives Demand Share Forecast, 2019-2026
9. North America Particle Board Adhesives Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Particle Board Adhesives Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Particle Board Adhesives Market Size and Volume Forecast by Application
9.4.1. Industrial
9.4.2. Residential
9.4.3. Commercial
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Particle Board Adhesives Market Size and Volume Forecast by Type
9.7.1. Solvent-Based
9.7.2. Water-Based
9.7.3. Solventless
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Particle Board Adhesives Demand Share Forecast, 2019-2026
10. Latin America Particle Board Adhesives Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Particle Board Adhesives Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Particle Board Adhesives Market Size and Volume Forecast by Application
10.4.1. Industrial
10.4.2. Residential
10.4.3. Commercial
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Particle Board Adhesives Market Size and Volume Forecast by Type
10.7.1. Solvent-Based
10.7.2. Water-Based
10.7.3. Solventless
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Particle Board Adhesives Demand Share Forecast, 2019-2026
11. Europe Particle Board Adhesives Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Particle Board Adhesives Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Particle Board Adhesives Market Size and Volume Forecast by Application
11.4.1. Industrial
11.4.2. Residential
11.4.3. Commercial
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Particle Board Adhesives Market Size and Volume Forecast by Type
11.7.1. Solvent-Based
11.7.2. Water-Based
11.7.3. Solventless
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Particle Board Adhesives Demand Share, 2019-2026
12. Asia Pacific Particle Board Adhesives Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Particle Board Adhesives Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Particle Board Adhesives Market Size and Volume Forecast by Application
12.4.1. Industrial
12.4.2. Residential
12.4.3. Commercial
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Particle Board Adhesives Market Size and Volume Forecast by Type
12.7.1. Solvent-Based
12.7.2. Water-Based
12.7.3. Solventless
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Particle Board Adhesives Demand Share, 2019-2026
13. Middle East & Africa Particle Board Adhesives Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Particle Board Adhesives Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Particle Board Adhesives Market Size and Volume Forecast by Application
13.4.1. Industrial
13.4.2. Residential
13.4.3. Commercial
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Particle Board Adhesives Market Size and Volume Forecast by Type
13.7.1. Solvent-Based
13.7.2. Water-Based
13.7.3. Solventless
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Particle Board Adhesives Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Particle Board Adhesives Market: Market Share Analysis
14.2. Particle Board Adhesives Distributors and Customers
14.3. Particle Board Adhesives Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Henkel AG
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. H.B. Fuller
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. 3M
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Ashland
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sika
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Dow Chemical
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. AkzoNobel
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Bostik SA
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Pidilite Industries
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. LORD Corp
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Wacker Chemie AG
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Huntsman
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. ThreeBond
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Avery Dennison
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Franklin International
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
