Market Overview:
The global phenolic wood bonding 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 phenolic wood bonding adhesives from end-use industries such as OSB, CLT, HPL, TFL and others. In terms of type, granular resin is expected to lead the global phenolic wood bonding adhesive market during the forecast period owing to its properties such as high strength and water resistance. In terms of application, OSB is expected to lead the global phenolic wood bonding adhesive market due to its growing demand from construction and furniture industries across regions.
Product Definition:
Phenolic wood bonding adhesives are a type of adhesive that is used to bond wood together. They are important because they provide a strong and durable bond that can withstand a lot of stress.
Granular Resin:
Granular resins are widely used in phenolic wood bonding adhesives due to their high strength and low cost. Granular resins are also known as polycarboxylate or PCC, they have a wide range of applications such as construction, furniture & interiors and automotive industries.
Flaky Resin:
Flaky resin is a type of synthetic rubber that has been chemically modified to have the same molecular structure as natural rubber. The product name comes from its resemblance to flake or pastry dough. It is available in various forms including sheets, flakes, and powders and can be applied directly to the surface to be bonded as well as mixed with other materials for use in adhesives.
Application Insights:
OSB was the largest phenolic wood bonding adhesive application segment, accounting for over 40% of the global market in 2017. It is a cost-effective alternative to mechanical fasteners and offers good adhesion and bonding capabilities. The product can be used in various construction applications including subflooring, sheathing, wall panels or joists assembly.
The demand for OSB has been declining since 2014 due to changing consumer preferences towards composite products with modern design aesthetic appeal coupled with rising awareness regarding environment preservation issues among consumers worldwide.
Regional Analysis:
North America phenolic wood bonding adhesives market is expected to grow at a moderate pace over the forecast period. The growth of this industry in North America can be attributed to the increasing demand for phenolic based products from various end-use industries such as construction, automotive, and marine. Increasing investments in residential and commercial construction sectors are anticipated to drive the demand for OSB and plywood which will subsequently propel market growth.
The European Union was the largest regional segment occupying over 29% of revenue share in 2017 owing to high consumption volume of wood composites coupled with stringent regulations regarding environmental sustainability issues.
Growth Factors:
- Increasing demand for phenolic wood bonding adhesives from the construction industry as a result of growth in the construction sector.
- Rising demand for phenolic wood bonding adhesives from the automotive industry due to increasing production of automobiles across the globe.
- Growing use of phenolic wood bonding adhesives in furniture manufacturing as they offer high strength and durability.
- Increasing application scope of phenolic wood bonding adhesives in wind energy sector owing to their properties such as heat and weather resistance.
Scope Of The Report
Report Attributes
Report Details
Report Title
Phenolic Wood Bonding Adhesives Market Research Report
By Type
Granular Resin, Flaky Resin
By Application
OSB, CLT, HPL, TFL, Others
By Companies
Hexion, Sbhpp, Allnex Belgium, Metadynea International, Georgia-Pacific Chemicals, Prefere Resins, Plenco, UCP Chemicals AG, Lerg SA, Aica Kogyo
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 Phenolic Wood Bonding Adhesives Market Report Segments:
The global Phenolic Wood Bonding Adhesives market is segmented on the basis of:
Types
Granular Resin, Flaky Resin
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
OSB, CLT, HPL, TFL, Others
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:
- Hexion
- Sbhpp
- Allnex Belgium
- Metadynea International
- Georgia-Pacific Chemicals
- Prefere Resins
- Plenco
- UCP Chemicals AG
- Lerg SA
- Aica Kogyo
Highlights of The Phenolic Wood Bonding 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:
- Granular Resin
- Flaky Resin
- By Application:
- OSB
- CLT
- HPL
- TFL
- Others
- 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 Phenolic Wood Bonding 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?
Phenolic wood bonding adhesives are a type of adhesive that is made from phenolic resins. These adhesives are used to bond wood surfaces together and can be used in a variety of applications, including construction, furniture making, and boatbuilding.
Some of the key players operating in the phenolic wood bonding adhesives market are Hexion, Sbhpp, Allnex Belgium, Metadynea International, Georgia-Pacific Chemicals, Prefere Resins, Plenco, UCP Chemicals AG, Lerg SA, Aica Kogyo.
The phenolic wood bonding adhesives market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Phenolic Wood Bonding 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. Phenolic Wood Bonding Adhesives Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Phenolic Wood Bonding Adhesives Market - Supply Chain
4.5. Global Phenolic Wood Bonding Adhesives Market Forecast
4.5.1. Phenolic Wood Bonding Adhesives Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Phenolic Wood Bonding Adhesives Market Size (000 Units) and Y-o-Y Growth
4.5.3. Phenolic Wood Bonding Adhesives Market Absolute $ Opportunity
5. Global Phenolic Wood Bonding 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. Phenolic Wood Bonding Adhesives Market Size and Volume Forecast by Type
5.3.1. Granular Resin
5.3.2. Flaky Resin
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Phenolic Wood Bonding 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. Phenolic Wood Bonding Adhesives Market Size and Volume Forecast by Application
6.3.1. OSB
6.3.2. CLT
6.3.3. HPL
6.3.4. TFL
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Phenolic Wood Bonding 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. Phenolic Wood Bonding 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 Phenolic Wood Bonding 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. Phenolic Wood Bonding 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 Phenolic Wood Bonding Adhesives Demand Share Forecast, 2019-2026
9. North America Phenolic Wood Bonding 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 Phenolic Wood Bonding 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 Phenolic Wood Bonding Adhesives Market Size and Volume Forecast by Application
9.4.1. OSB
9.4.2. CLT
9.4.3. HPL
9.4.4. TFL
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Phenolic Wood Bonding Adhesives Market Size and Volume Forecast by Type
9.7.1. Granular Resin
9.7.2. Flaky Resin
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 Phenolic Wood Bonding Adhesives Demand Share Forecast, 2019-2026
10. Latin America Phenolic Wood Bonding 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 Phenolic Wood Bonding 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 Phenolic Wood Bonding Adhesives Market Size and Volume Forecast by Application
10.4.1. OSB
10.4.2. CLT
10.4.3. HPL
10.4.4. TFL
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Phenolic Wood Bonding Adhesives Market Size and Volume Forecast by Type
10.7.1. Granular Resin
10.7.2. Flaky Resin
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 Phenolic Wood Bonding Adhesives Demand Share Forecast, 2019-2026
11. Europe Phenolic Wood Bonding 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 Phenolic Wood Bonding 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 Phenolic Wood Bonding Adhesives Market Size and Volume Forecast by Application
11.4.1. OSB
11.4.2. CLT
11.4.3. HPL
11.4.4. TFL
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Phenolic Wood Bonding Adhesives Market Size and Volume Forecast by Type
11.7.1. Granular Resin
11.7.2. Flaky Resin
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 Phenolic Wood Bonding Adhesives Demand Share, 2019-2026
12. Asia Pacific Phenolic Wood Bonding 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 Phenolic Wood Bonding 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 Phenolic Wood Bonding Adhesives Market Size and Volume Forecast by Application
12.4.1. OSB
12.4.2. CLT
12.4.3. HPL
12.4.4. TFL
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Phenolic Wood Bonding Adhesives Market Size and Volume Forecast by Type
12.7.1. Granular Resin
12.7.2. Flaky Resin
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 Phenolic Wood Bonding Adhesives Demand Share, 2019-2026
13. Middle East & Africa Phenolic Wood Bonding 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 Phenolic Wood Bonding 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 Phenolic Wood Bonding Adhesives Market Size and Volume Forecast by Application
13.4.1. OSB
13.4.2. CLT
13.4.3. HPL
13.4.4. TFL
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Phenolic Wood Bonding Adhesives Market Size and Volume Forecast by Type
13.7.1. Granular Resin
13.7.2. Flaky Resin
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 Phenolic Wood Bonding Adhesives Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Phenolic Wood Bonding Adhesives Market: Market Share Analysis
14.2. Phenolic Wood Bonding Adhesives Distributors and Customers
14.3. Phenolic Wood Bonding Adhesives Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Hexion
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Sbhpp
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Allnex Belgium
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Metadynea International
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Georgia-Pacific Chemicals
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Prefere Resins
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Plenco
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. UCP Chemicals AG
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Lerg SA
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Aica Kogyo
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
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
