Market Overview:
The global wood 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 wood adhesives from various end-use industries, such as flooring and plywood, furniture and subcomponents, windows and doors, and others. In terms of type, the urea formaldehyde resin adhesive glue agent segment is expected to lead the market during the forecast period owing to its properties such as high bonding strength and water resistance. In terms of application, the flooring & plywood segment is projected to lead the market duringthe forecast period due to an increase in construction activities across regions.
Product Definition:
Wood adhesives are substances used to join pieces of wood together. Glue and other adhesives are important because they create a strong joint that is not as likely to break as the wood itself.
Urea Formaldehyde Resin Adhesive Glue Agent:
Urea-formaldehyde resins are synthetic thermosetting polymers, manufactured by reacting urea resin with formaldehyde. The product is widely used in wood glue and as a structural adhesive in construction, furniture and art objects. Urea-formaldehyde resins are water soluble; they can be easily removed from the surface to which it is applied by rain or irrigation water.
Melamine Resin Adhesive Glue Agent:
Melamine resin adhesive glue agent is a water-based, acrylic adhesives that contains melamine and urea resins as its primary raw materials. Melamine resin adhesive glue agent has high viscosity for heavy load application and also offers good bond strength on wood surface. It can be used in both indoor & outdoor applications such as ceramic tiles, porcelain tiles, natural stone surfaces including marble & granite along with various plastic substrates including PE pipes & PP sheets.
Application Insights:
The others application segment includes wall coverings, flooring, furniture and sub-components among other applications. The wood adhesives market is categorized on the basis of application into windows & doors, flooring & plywood and furniture & sub-components among others. Among these applications, the wood adhesives used in windows & doors are expected to register a CAGR of XX% from 2018 to 2030 owing to increasing demand for energy efficient products across the globe.
Wood glue is widely used in manufacturing window frames as it provides excellent strength.
Regional Analysis:
Asia Pacific dominated the global wood adhesives market in 2017 and is expected to continue its dominance over the forecast period. The region is projected to account for a significant share of the overall revenue by 2030, on account of rapid industrialization and urbanization in emerging economies such as China, India, Indonesia, Vietnam among others.
The growing construction industry coupled with increasing investments from foreign players are some of the major factors that are anticipated to drive growth over the next eight years. In addition, rising awareness regarding energy-efficient building materials along with supportive government regulations will further propel product demand in Asia Pacific region.
Europe was estimated at USD X million in 2017 and is expected to witness steady growth owing to high demand for sustainable products coupled with stringent environmental regulations laid down by European Union (EU).
Growth Factors:
- Increasing demand from construction and furniture industries
- Rising awareness about the benefits of wood adhesives over traditional bonding methods
- Technological advancements in adhesive formulations that improve performance and durability
- Growing popularity of DIY projects and home improvement initiatives
- Rising disposable income levels in developing countries that are fuelling demand for high-quality wood products
Scope Of The Report
Report Attributes
Report Details
Report Title
Wood Adhesives Market Research Report
By Type
Urea Formaldehyde Resin Adhesive Glue Agent, Melamine Resin Adhesive Glue Agent
By Application
Flooring & Plywood, Furniture & Subcomponents, Windows & Doors, Others
By Companies
3M Company, Ashland Inc., H.B Fuller Company, Henkel AG & Co. KGaA, BASF SE, Huntsman Corporation, Avery Dennison Corporation, Adhesives Research Inc., Dow Chemical Company, Bostik SA, W.F.Taylor LLC., Royal Adhesives, AkzoNobel, Donghe Adhesives
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Wood Adhesives Market Report Segments:
The global Wood Adhesives market is segmented on the basis of:
Types
Urea Formaldehyde Resin Adhesive Glue Agent, Melamine Resin Adhesive Glue Agent
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
Flooring & Plywood, Furniture & Subcomponents, Windows & Doors, 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:
- 3M Company
- Ashland Inc.
- H.B Fuller Company
- Henkel AG & Co. KGaA
- BASF SE
- Huntsman Corporation
- Avery Dennison Corporation
- Adhesives Research Inc.
- Dow Chemical Company
- Bostik SA
- W.F.Taylor LLC.
- Royal Adhesives
- AkzoNobel
- Donghe Adhesives
Highlights of The Wood 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:
- Urea Formaldehyde Resin Adhesive Glue Agent
- Melamine Resin Adhesive Glue Agent
- By Application:
- Flooring & Plywood
- Furniture & Subcomponents
- Windows & Doors
- 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 Wood 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.
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- Correctly Positioning New Products
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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?
Wood adhesives are a type of adhesive that is used to attach wood parts together. They are made from a mixture of resin and hardener, which is then applied to the wood surfaces. The adhesive will then bond the two pieces of wood together.
Some of the major companies in the wood adhesives market are 3M Company, Ashland Inc., H.B Fuller Company, Henkel AG & Co. KGaA, BASF SE, Huntsman Corporation, Avery Dennison Corporation, Adhesives Research Inc., Dow Chemical Company, Bostik SA, W.F.Taylor LLC., Royal Adhesives, AkzoNobel, Donghe Adhesives.
The wood adhesives market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Wood 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. Wood Adhesives Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Wood Adhesives Market - Supply Chain
4.5. Global Wood Adhesives Market Forecast
4.5.1. Wood Adhesives Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Wood Adhesives Market Size (000 Units) and Y-o-Y Growth
4.5.3. Wood Adhesives Market Absolute $ Opportunity
5. Global Wood 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. Wood Adhesives Market Size and Volume Forecast by Type
5.3.1. Urea Formaldehyde Resin Adhesive Glue Agent
5.3.2. Melamine Resin Adhesive Glue Agent
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Wood 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. Wood Adhesives Market Size and Volume Forecast by Application
6.3.1. Flooring & Plywood
6.3.2. Furniture & Subcomponents
6.3.3. Windows & Doors
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Wood 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. Wood 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 Wood 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. Wood 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 Wood Adhesives Demand Share Forecast, 2019-2026
9. North America Wood 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 Wood 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 Wood Adhesives Market Size and Volume Forecast by Application
9.4.1. Flooring & Plywood
9.4.2. Furniture & Subcomponents
9.4.3. Windows & Doors
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Wood Adhesives Market Size and Volume Forecast by Type
9.7.1. Urea Formaldehyde Resin Adhesive Glue Agent
9.7.2. Melamine Resin Adhesive Glue Agent
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 Wood Adhesives Demand Share Forecast, 2019-2026
10. Latin America Wood 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 Wood 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 Wood Adhesives Market Size and Volume Forecast by Application
10.4.1. Flooring & Plywood
10.4.2. Furniture & Subcomponents
10.4.3. Windows & Doors
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Wood Adhesives Market Size and Volume Forecast by Type
10.7.1. Urea Formaldehyde Resin Adhesive Glue Agent
10.7.2. Melamine Resin Adhesive Glue Agent
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 Wood Adhesives Demand Share Forecast, 2019-2026
11. Europe Wood 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 Wood 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 Wood Adhesives Market Size and Volume Forecast by Application
11.4.1. Flooring & Plywood
11.4.2. Furniture & Subcomponents
11.4.3. Windows & Doors
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Wood Adhesives Market Size and Volume Forecast by Type
11.7.1. Urea Formaldehyde Resin Adhesive Glue Agent
11.7.2. Melamine Resin Adhesive Glue Agent
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 Wood Adhesives Demand Share, 2019-2026
12. Asia Pacific Wood 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 Wood 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 Wood Adhesives Market Size and Volume Forecast by Application
12.4.1. Flooring & Plywood
12.4.2. Furniture & Subcomponents
12.4.3. Windows & Doors
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Wood Adhesives Market Size and Volume Forecast by Type
12.7.1. Urea Formaldehyde Resin Adhesive Glue Agent
12.7.2. Melamine Resin Adhesive Glue Agent
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 Wood Adhesives Demand Share, 2019-2026
13. Middle East & Africa Wood 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 Wood 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 Wood Adhesives Market Size and Volume Forecast by Application
13.4.1. Flooring & Plywood
13.4.2. Furniture & Subcomponents
13.4.3. Windows & Doors
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Wood Adhesives Market Size and Volume Forecast by Type
13.7.1. Urea Formaldehyde Resin Adhesive Glue Agent
13.7.2. Melamine Resin Adhesive Glue Agent
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 Wood Adhesives Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Wood Adhesives Market: Market Share Analysis
14.2. Wood Adhesives Distributors and Customers
14.3. Wood Adhesives Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. 3M Company
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Ashland Inc.
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. H.B Fuller Company
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Henkel AG & Co. KGaA
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. BASF SE
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Huntsman Corporation
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Avery Dennison Corporation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Adhesives Research Inc.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Dow Chemical Company
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Bostik SA
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. W.F.Taylor LLC.
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Royal Adhesives
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. AkzoNobel
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Donghe Adhesives
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
