Global Wood Adhesives Market Drivers, Trends And Restraints ...| MENAFN.COM

Tuesday, 16 August 2022 06:27 GMT

Global Wood Adhesives Market Drivers, Trends And Restraints For 2022-2031


(MENAFN- EIN Presswire)

Wood Adhesives Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026

The Business Research Company's Wood Adhesives Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026

LONDON, GREATER LONDON , UK, August 4, 2022 /EINPresswire.com / -- As per The Business Research Company's ' Wood Adhesives Global Market Report 2022”, the wood adhesives market size is expected to grow from $4.40 billion in 2021 to $4.78 billion in 2022 at a compound annual growth rate (CAGR) of 8.6%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The wood adhesive market share is expected to reach $5.92 billion in 2026 at a CAGR of 5.5%. The significant increase in spending of consumers on home decorative and luxury furniture products is expected to drive the wood adhesives market growth going forward.

Request a Sample now to gain a better understanding of wood adhesives market:

Key Trends In The Global Wood Adhesives Market
According to the wood adhesives industry analysis, strategic collaborations are shaping the market. Strategic collaborations provide manufacturers of wood adhesives with a broader distribution range, which aids in market growth. For instance, in June 2021, to meet the increased demand for adhesive applications in the b2b woodworking industry, HB Fuller has signed a distribution deal with Jubilant Agri and Consumer Products, a 100% subsidiary of Jubilant Industries. This strategic partnership will help HB Fuller expand the reach of its high-performing adhesive solutions across a variety of technologies, including water-based, hot melt moisture cures, and polyurethanes, to better meet customers' specific adhesion and sustainability needs, while also providing access to global experts and local expertise, service, and technical support. Furthermore, in April 2021, Innovative Chemical Products Group (ICP Group) acquired Choice Adhesives. With the acquisition of Choice Adhesives to the ICP BSG family, the ICP BSG family will be able to effectively support its professional clients in the roofing adhesive sector.

The wood adhesives market consists of the sale of wood adhesives by the entities (organization, sole proprietor, and partnerships) that are utilized to bind wooden materials with each other or with diverse materials. Wood adhesives are polymeric compounds capable of reacting with the surface of the wood in such a way that stresses are passed between bonded parts, either physically or chemically, or both. Wood adhesives are commonly used to manufacture building materials such as plywood and other laminated veneer products, particleboard, oriented strand board, fiberboard, laminated beams and timbers, edge- and enjoined products, architectural doors, windows and frames, and fiberglass insulation.

Learn more on the global wood adhesives market report at:

Global Wood Adhesives Market Segments
The global wood adhesives market is segmented:
By Product: Urea-Formaldehyde, Melamine Urea-Formaldehyde, Phenol-Formaldehyde, Isocyanates, Polyurethane, Polyvinyl Acetate, Soy-Based, Others
By Technology: Solvent Based, Water Based, Others
By Resin Type: Natural, Synthetic
By Application: Flooring and Decks, Plywood, Furniture, Cabinet, Windows and Doors, Others
By Geography: The global wood adhesives market report is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific holds the largest share in the market.

Wood Adhesives Global Market Report 2022 is one of The Business Research Company's comprehensive reports that provides an overview of wood adhesives market. The market report analyzes wood adhesives market size, wood adhesives market growth drivers, wood adhesives market segments, wood adhesives market major players, wood adhesives market growth across geographies, and wood adhesives market competitors' revenues and market positioning. The wood adhesives market report enables you to gain insights on opportunities and strategies, as well as identify countries and segments with the highest growth potential.

Wood Adhesives Global Market Report 2022 from TBRC covers the following information:

Data Segmentations: Market Size, Global, By Region and Country, Historic and Forecast, and Growth Rates for 60 Geographies

Major Market Players: Henkel AG & Co., H.B. Fuller, 3M, Sika AG, The Dow Chemical Company, AkzoNobel N.V, Bostik, Pidilite Industries, Huntsman Corporation, Arkema, Jubilant Industries, Aica Kogyo Company Limited, Avery Dennison, Adhesives Research Inc., and W.F. Taylor.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

And so much more.

Not what you were looking for? Go through similar reports by The Business Research Company:

Adhesives Global Market Report 2022 – By Type (Water-Based Adhesives, Solvent-Based Adhesives, Hot-Melt-Based Adhesives, Reactive & Other Adhesives), By Product Type (Acrylic, PVA, Polyurethanes, Styrenic Block, Epoxy, EVA, Other Product Types), By Application (Packaging, Construction, Laminates, Woodstock and Furnishing, Automobile, Footwear, Other Applications) – Market Size, Trends, And Global Forecast 2022-2026

Wood Preservatives Global Market Report 2022 – By Formulation (Water Based, Solvent Based, Oil Based), By End-User (Residential, Commercial, Industrial), By Application (Cabinets and Decks, Doors & Windows, Wood Flooring, Railroad Ties, Other Applications) – Market Size, Trends, And Global Forecast 2022-2026

Solvent-Based Adhesives Global Market Report 2022 – By Type PolyurethanePU, Styrenic Block, Ethyl Vinly AcetateEVA), By End-User Industry (Paper and Packaging, Building and Construction, Woodworking, Automotive and Transportation, Other End-Use Industries), By Distribution Channel (Direct Sales, Distributor) – Market Size, Trends, And Global Forecast 2022-2026

About The Business Research Company

The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.

Call us now for personal assistance with your purchase:
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email:

Check out our:
LinkedIn:
Twitter:
YouTube:
Blog:

Oliver Guirdham
The Business Research Company
+44 20 7193 0708

Visit us on social media:
Facebook
Twitter
LinkedIn

Market Research Products, Services, Solutions For Your Business - TBRC

MENAFN04082022003118003196ID1104646574


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.