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PUBLISHER: IMARC | PRODUCT CODE: 1541369
PUBLISHER: IMARC | PRODUCT CODE: 1541369
Wood Adhesives and Binders Market Report by Product Type, Application, and Region 2024-2032
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PAGES: 138 Pages
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The global wood adhesives and binders market size reached US$ 17.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 24.4 Billion by 2032, exhibiting a growth rate (CAGR) of 3.7% during 2024-2032.
Wood adhesives and binders are polymeric materials that are applied on the surface of two or more wood pieces to bind them. They offer numerous advantages to end users which include ease of use, efficiency and affordability. They also have other beneficial properties such as long-lasting bonds, and resistance against chemicals, temperature and microorganisms. They are available in natural and synthetic varieties and are utilized in both commercial and residential applications for making furniture and engineered wood products, among others.
Wood adhesives and binders are primarily produced from fossil-derived polymers as they are cost-effective and offer superior performance in terms of water and heat resistance. However, owing to the rising environmental concerns, end users are shifting toward green products that are manufactured using bio-based polymers. Moreover, governments in several countries are implementing stringent regulations against the usage of harmful chemicals like formaldehyde in the development of different products which, in turn, is strengthening the growth of the market. In line with this, market players are focusing on the production of new varieties that have a low content of volatile organic compounds (VOCs). Apart from this, the growing construction industry, in confluence with the rising trend of using wooden furniture, is catalyzing the demand for wood adhesives and binders around the world. In addition to this, increasing industrial applications, including the manufacturing and assembly of doors, flooring, cabinets, and windows, are supporting the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global wood adhesives and binders market report, along with forecasts at the global, regional and country levels from 2024-2032. Our report has categorized the market based on product type and application.
Breakup by Product Type:
Urea-Formaldehyde
Melamine-Urea-Formaldehyde
Phenol-Formaldehyde
Isocyanates
Soy-Based
Others
Breakup by Application:
Flooring Products
Furniture and Subcomponents
Windows and Doors
Cabinets
Others
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being 3M Company, Adhesives Research Inc., Ashland Global Specialty Chemicals Inc., Avery Dennison, BASF, Bostik (Arkema), Dow Chemical Company, H.B. Fuller Company, Henkel AG & Co. KGaA, Huntsman Corporation, etc.
Key Questions Answered in This Report:
- How has the global wood adhesives and binders market performed so far and how will it perform in the coming years?
- What are the key regional markets?
- What has been the impact of COVID-19 on the global wood adhesives and binders market?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global wood adhesives and binders market and who are the key players?
- What is the degree of competition in the industry?
Product Code: SR112024A2211
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Wood Adhesives and Binders Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product Type
- 6.1 Urea-Formaldehyde
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Melamine-Urea-Formaldehyde
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Phenol-Formaldehyde
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Isocyanates
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Soy-Based
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
- 6.6 Others
- 6.6.1 Market Trends
- 6.6.2 Market Forecast
7 Market Breakup by Application
- 7.1 Flooring Products
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Furniture and Subcomponents
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Windows and Doors
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Cabinets
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Others
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
8 Market Breakup by Region
- 8.1 North America
- 8.1.1 United States
- 8.1.1.1 Market Trends
- 8.1.1.2 Market Forecast
- 8.1.2 Canada
- 8.1.2.1 Market Trends
- 8.1.2.2 Market Forecast
- 8.1.1 United States
- 8.2 Asia Pacific
- 8.2.1 China
- 8.2.1.1 Market Trends
- 8.2.1.2 Market Forecast
- 8.2.2 Japan
- 8.2.2.1 Market Trends
- 8.2.2.2 Market Forecast
- 8.2.3 India
- 8.2.3.1 Market Trends
- 8.2.3.2 Market Forecast
- 8.2.4 South Korea
- 8.2.4.1 Market Trends
- 8.2.4.2 Market Forecast
- 8.2.5 Australia
- 8.2.5.1 Market Trends
- 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
- 8.2.6.1 Market Trends
- 8.2.6.2 Market Forecast
- 8.2.7 Others
- 8.2.7.1 Market Trends
- 8.2.7.2 Market Forecast
- 8.2.1 China
- 8.3 Europe
- 8.3.1 Germany
- 8.3.1.1 Market Trends
- 8.3.1.2 Market Forecast
- 8.3.2 France
- 8.3.2.1 Market Trends
- 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
- 8.3.3.1 Market Trends
- 8.3.3.2 Market Forecast
- 8.3.4 Italy
- 8.3.4.1 Market Trends
- 8.3.4.2 Market Forecast
- 8.3.5 Spain
- 8.3.5.1 Market Trends
- 8.3.5.2 Market Forecast
- 8.3.6 Russia
- 8.3.6.1 Market Trends
- 8.3.6.2 Market Forecast
- 8.3.7 Others
- 8.3.7.1 Market Trends
- 8.3.7.2 Market Forecast
- 8.3.1 Germany
- 8.4 Latin America
- 8.4.1 Brazil
- 8.4.1.1 Market Trends
- 8.4.1.2 Market Forecast
- 8.4.2 Mexico
- 8.4.2.1 Market Trends
- 8.4.2.2 Market Forecast
- 8.4.3 Others
- 8.4.3.1 Market Trends
- 8.4.3.2 Market Forecast
- 8.4.1 Brazil
- 8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast
9 SWOT Analysis
- 9.1 Overview
- 9.2 Strengths
- 9.3 Weaknesses
- 9.4 Opportunities
- 9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Price Indicators
13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
- 13.3.1 3M Company
- 13.3.1.1 Company Overview
- 13.3.1.2 Product Portfolio
- 13.3.1.3 Financials
- 13.3.1.4 SWOT Analysis
- 13.3.2 Adhesives Research Inc.
- 13.3.2.1 Company Overview
- 13.3.2.2 Product Portfolio
- 13.3.3 Ashland Global Specialty Chemicals Inc.
- 13.3.3.1 Company Overview
- 13.3.3.2 Product Portfolio
- 13.3.4 Avery Dennison
- 13.3.4.1 Company Overview
- 13.3.4.2 Product Portfolio
- 13.3.4.3 Financials
- 13.3.4.4 SWOT Analysis
- 13.3.5 BASF
- 13.3.5.1 Company Overview
- 13.3.5.2 Product Portfolio
- 13.3.5.3 Financials
- 13.3.5.4 SWOT Analysis
- 13.3.6 Bostik (Arkema)
- 13.3.6.1 Company Overview
- 13.3.6.2 Product Portfolio
- 13.3.7 Dow Chemical Company
- 13.3.7.1 Company Overview
- 13.3.7.2 Product Portfolio
- 13.3.8 H.B. Fuller Company
- 13.3.8.1 Company Overview
- 13.3.8.2 Product Portfolio
- 13.3.8.3 Financials
- 13.3.8.4 SWOT Analysis
- 13.3.9 Henkel AG & Co. KGaA
- 13.3.9.1 Company Overview
- 13.3.9.2 Product Portfolio
- 13.3.9.3 Financials
- 13.3.9.4 SWOT Analysis
- 13.3.10 Huntsman Corporation
- 13.3.10.1 Company Overview
- 13.3.10.2 Product Portfolio
- 13.3.10.3 Financials
- 13.3.10.4 SWOT Analysis
- 13.3.1 3M Company
Product Code: SR112024A2211
List of Figures
- Figure 1: Global: Wood Adhesives and Binders Market: Major Drivers and Challenges
- Figure 2: Global: Wood Adhesives and Binders Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Wood Adhesives and Binders Market: Breakup by Product Type (in %), 2023
- Figure 4: Global: Wood Adhesives and Binders Market: Breakup by Application (in %), 2023
- Figure 5: Global: Wood Adhesives and Binders Market: Breakup by Region (in %), 2023
- Figure 6: Global: Wood Adhesives and Binders Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 7: Global: Wood Adhesives and Binders (Urea-Formaldehyde) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 8: Global: Wood Adhesives and Binders (Urea-Formaldehyde) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 9: Global: Wood Adhesives and Binders (Melamine-Urea-Formaldehyde) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 10: Global: Wood Adhesives and Binders (Melamine-Urea-Formaldehyde) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 11: Global: Wood Adhesives and Binders (Phenol-Formaldehyde) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 12: Global: Wood Adhesives and Binders (Phenol-Formaldehyde) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 13: Global: Wood Adhesives and Binders (Isocyanates) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 14: Global: Wood Adhesives and Binders (Isocyanates) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 15: Global: Wood Adhesives and Binders (Soy-Based) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 16: Global: Wood Adhesives and Binders (Soy-Based) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 17: Global: Wood Adhesives and Binders (Other Product Types) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 18: Global: Wood Adhesives and Binders (Other Product Types) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 19: Global: Wood Adhesives and Binders (Flooring Products) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 20: Global: Wood Adhesives and Binders (Flooring Products) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 21: Global: Wood Adhesives and Binders (Furniture and Subcomponents) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 22: Global: Wood Adhesives and Binders (Furniture and Subcomponents) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 23: Global: Wood Adhesives and Binders (Windows and Doors) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 24: Global: Wood Adhesives and Binders (Windows and Doors) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 25: Global: Wood Adhesives and Binders (Cabinets) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 26: Global: Wood Adhesives and Binders (Cabinets) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 27: Global: Wood Adhesives and Binders (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 28: Global: Wood Adhesives and Binders (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 29: North America: Wood Adhesives and Binders Market: Sales Value (in Million US$), 2018 & 2023
- Figure 30: North America: Wood Adhesives and Binders Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 31: United States: Wood Adhesives and Binders Market: Sales Value (in Million US$), 2018 & 2023
- Figure 32: United States: Wood Adhesives and Binders Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 33: Canada: Wood Adhesives and Binders Market: Sales Value (in Million US$), 2018 & 2023
- Figure 34: Canada: Wood Adhesives and Binders Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 35: Asia Pacific: Wood Adhesives and Binders Market: Sales Value (in Million US$), 2018 & 2023
- Figure 36: Asia Pacific: Wood Adhesives and Binders Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 37: China: Wood Adhesives and Binders Market: Sales Value (in Million US$), 2018 & 2023
- Figure 38: China: Wood Adhesives and Binders Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 39: Japan: Wood Adhesives and Binders Market: Sales Value (in Million US$), 2018 & 2023
- Figure 40: Japan: Wood Adhesives and Binders Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 41: India: Wood Adhesives and Binders Market: Sales Value (in Million US$), 2018 & 2023
- Figure 42: India: Wood Adhesives and Binders Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 43: South Korea: Wood Adhesives and Binders Market: Sales Value (in Million US$), 2018 & 2023
- Figure 44: South Korea: Wood Adhesives and Binders Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 45: Australia: Wood Adhesives and Binders Market: Sales Value (in Million US$), 2018 & 2023
- Figure 46: Australia: Wood Adhesives and Binders Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 47: Indonesia: Wood Adhesives and Binders Market: Sales Value (in Million US$), 2018 & 2023
- Figure 48: Indonesia: Wood Adhesives and Binders Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 49: Others: Wood Adhesives and Binders Market: Sales Value (in Million US$), 2018 & 2023
- Figure 50: Others: Wood Adhesives and Binders Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 51: Europe: Wood Adhesives and Binders Market: Sales Value (in Million US$), 2018 & 2023
- Figure 52: Europe: Wood Adhesives and Binders Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 53: Germany: Wood Adhesives and Binders Market: Sales Value (in Million US$), 2018 & 2023
- Figure 54: Germany: Wood Adhesives and Binders Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 55: France: Wood Adhesives and Binders Market: Sales Value (in Million US$), 2018 & 2023
- Figure 56: France: Wood Adhesives and Binders Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 57: United Kingdom: Wood Adhesives and Binders Market: Sales Value (in Million US$), 2018 & 2023
- Figure 58: United Kingdom: Wood Adhesives and Binders Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 59: Italy: Wood Adhesives and Binders Market: Sales Value (in Million US$), 2018 & 2023
- Figure 60: Italy: Wood Adhesives and Binders Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 61: Spain: Wood Adhesives and Binders Market: Sales Value (in Million US$), 2018 & 2023
- Figure 62: Spain: Wood Adhesives and Binders Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 63: Russia: Wood Adhesives and Binders Market: Sales Value (in Million US$), 2018 & 2023
- Figure 64: Russia: Wood Adhesives and Binders Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 65: Others: Wood Adhesives and Binders Market: Sales Value (in Million US$), 2018 & 2023
- Figure 66: Others: Wood Adhesives and Binders Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 67: Latin America: Wood Adhesives and Binders Market: Sales Value (in Million US$), 2018 & 2023
- Figure 68: Latin America: Wood Adhesives and Binders Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 69: Brazil: Wood Adhesives and Binders Market: Sales Value (in Million US$), 2018 & 2023
- Figure 70: Brazil: Wood Adhesives and Binders Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 71: Mexico: Wood Adhesives and Binders Market: Sales Value (in Million US$), 2018 & 2023
- Figure 72: Mexico: Wood Adhesives and Binders Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 73: Others: Wood Adhesives and Binders Market: Sales Value (in Million US$), 2018 & 2023
- Figure 74: Others: Wood Adhesives and Binders Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 75: Middle East and Africa: Wood Adhesives and Binders Market: Sales Value (in Million US$), 2018 & 2023
- Figure 76: Middle East and Africa: Wood Adhesives and Binders Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 77: Global: Wood Adhesives and Binders Industry: SWOT Analysis
- Figure 78: Global: Wood Adhesives and Binders Industry: Value Chain Analysis
- Figure 79: Global: Wood Adhesives and Binders Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Wood Adhesives and Binders Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Wood Adhesives and Binders Market Forecast: Breakup by Product Type (in Million US$), 2024-2032
- Table 3: Global: Wood Adhesives and Binders Market Forecast: Breakup by Application (in Million US$), 2024-2032
- Table 4: Global: Wood Adhesives and Binders Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 5: Global: Wood Adhesives and Binders Market: Competitive Structure
- Table 6: Global: Wood Adhesives and Binders Market: Key Players
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