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Global Wood Adhesives Market to reach USD 6.9 billion by 2027.

Global Wood Adhesives Market Size study, by Product (Urea-formaldehyde (UF), Melamine urea-formaldehyde (MUF), Phenol-formaldehyde (PF), Isocyanates, Polyurethane, Polyvinyl acetate (PVA), Soy-based, Others), By Substrate (Flooring, Furniture, Doors & windows, Housing components, Others), By Application (Solid wood, Oriented strand board (OSB), Plywood, Particleboard (PB), Medium-density fiberboard (MDF), High-density fiberboard (HDF), Others) and Regional Forecasts 2021-2027

Product Code: CMPCA-89535946
Publish Date: 5-10-2021
Page: 200

Global Wood Adhesives Market is valued approximately USD 5.0 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 4.7% over the forecast period 2021-2027. Wood adhesives are commonly used in furniture, shipbuilding, and arts and crafts. Hide glue, epoxy, PVA glue, and polyurethane are some of the most used wood adhesives. These adhesives are water resistant and designed to ensure that there are no gaps between wooden pieces. The key growth factors wood adhesives market are growing construction activities, increasing urban population, and growth of developing regions such as Asia Pacific, the Middle East & Africa, and South America. For instance, in 2019, according to the American Institute of Architects (AIA), expenditure on construction activities in non-residential buildings grow by 4.4% as compared to 2018. Furthermore, instability of raw material prices, and use of its substitute hinders the market in forecasting years. Whereas, demand for low voc adhesives are creating opportunities for wood adhesives market in the projection time duration.

The main regions of Asia Pacific, North America, Europe, Latin America, and the Rest of the World are included in the geographical analysis of the worldwide Wood Adhesives market. In 2019, Asia Pacific accounted for 40% of the global market for wood adhesives. The continuous development in the construction industry are major factor for driving the market for wood adhesives in the APAC region. Wood adhesives are synthetic and natural adhesives that come in liquid and aqueous forms and are mostly utilized in construction applications. In the APAC area, China and India are the two largest users of wood adhesives. According to the International Trade Administration, China’s construction sector is anticipated to grow at a real-terms annual rate of 5% between 2019 and 2023. Additionally new construction projects drive the wood adhesives market in forecasting years.

Major market player included in this report are:
H.B. Fuller Company
Henkel AG & Co. KgaA
The Dow Chemical Company
W.F. Taylor LLC
Akzo Nobel N.V.
Shanghai Donghe Adhesive Co.,Ltd.
Georgia-Pacific Chemicals LLC
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Urea-formaldehyde (UF)
Melamine urea-formaldehyde (MUF)
Phenol-formaldehyde (PF)
Polyvinyl acetate (PVA)
By Application:
Doors & windows
Housing components
By Substrate:
Solid wood
Oriented strand board (OSB)
Particleboard (PB)
Medium-density fiberboard (MDF)
High-density fiberboard (HDF)
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027

Target Audience of the Global Wood Adhesives Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Wood Adhesives Market, by Region, 2019-2027 (USD Billion)
1.2.2. Wood Adhesives Market, by Application, 2019-2027 (USD Billion)
1.2.3. Wood Adhesives Market, by Product, 2019-2027 (USD Billion)
1.2.4. Wood Adhesives Market, by Substrate, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Wood Adhesives Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Wood Adhesives Market Dynamics
3.1. Wood Adhesives Market Impact Analysis (2019-2027)
3.1.1. Market Drivers Growing demand for wood panels Rising demand for bio-based wood adhesives
3.1.2. Market Challenges Instability of raw material prices
3.1.3. Market Opportunities Rising construction activities in developing countries
Chapter 4. Global Wood Adhesives Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Wood Adhesives Market, by Application
5.1. Market Snapshot
5.2. Global Wood Adhesives Market by Application, Performance – Potential Analysis
5.3. Global Wood Adhesives Market Estimates & Forecasts by Application 2018-2027 (USD Billion)
5.4. Wood Adhesives Market, Sub Segment Analysis
5.4.1. Flooring
5.4.2. Furniture
5.4.3. Doors & windows
5.4.4. Housing components
5.4.5. Others
Chapter 6. Global Wood Adhesives Market, by Product,
6.1. Market Snapshot
6.2. Global Wood Adhesives Market by Product, Performance-Potential Analysis
6.3. Global Wood Adhesives Market Estimates & Forecasts by Product, 2018-2027 (USD Billion)
6.4. Wood Adhesives Market, Sub Segment Analysis
6.4.1. Urea-formaldehyde (UF)
6.4.2. Melamine urea-formaldehyde (MUF)
6.4.3. Phenol-formaldehyde (PF)
6.4.4. Isocyanates
6.4.5. Polyurethane
6.4.6. Polyvinyl acetate (PVA)
6.4.7. Soy-based
6.4.8. Others
Chapter 7. Global Wood Adhesives Market, by Substrate,
7.1. Market Snapshot
7.2. Global Wood Adhesives Market by Substrate, Performance-Potential Analysis
7.3. Global Wood Adhesives Market Estimates & Forecasts by Substrate, 2018-2027 (USD Billion)
7.4. Wood Adhesives Market, Sub Segment Analysis
7.4.1. Solid wood
7.4.2. Oriented strand board (OSB)
7.4.3. Plywood
7.4.4. Particleboard (PB)
7.4.5. Medium-density fiberboard (MDF)
7.4.6. High-density fiberboard (HDF)
7.4.7. Others
Chapter 8. Global Wood Adhesives Market, Regional Analysis
8.1. Wood Adhesives Market, Regional Market Snapshot
8.2. North America Wood Adhesives Market
8.2.1. U.S. Wood Adhesives Market Application breakdown estimates & forecasts, 2018-2027 Product breakdown estimates & forecasts, 2018-2027 Substrate breakdown estimated & forecasts, 2018-2027
8.2.2. Canada Wood Adhesives Market
8.3. Europe Wood Adhesives Market Snapshot
8.3.1. U.K. Wood Adhesives Market
8.3.2. Germany Wood Adhesives Market
8.3.3. France Wood Adhesives Market
8.3.4. Spain Wood Adhesives Market
8.3.5. Italy Wood Adhesives Market
8.3.6. Rest of Europe Wood Adhesives Market
8.4. Asia-Pacific Wood Adhesives Market Snapshot
8.4.1. China Wood Adhesives Market
8.4.2. India Wood Adhesives Market
8.4.3. Japan Wood Adhesives Market
8.4.4. Australia Wood Adhesives Market
8.4.5. South Korea Wood Adhesives Market
8.4.6. Rest of Asia Pacific Wood Adhesives Market
8.5. Latin America Wood Adhesives Market Snapshot
8.5.1. Brazil Wood Adhesives Market
8.5.2. Mexico Wood Adhesives Market
8.6. Rest of The World Wood Adhesives Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. 3M Key Information Overview Financial (Subject to Data Availability) Application Summary Recent Developments
9.2.2. H.B. Fuller Company
9.2.3. Henkel AG & Co. KgaA
9.2.4. The Dow Chemical Company
9.2.5. Bostik
9.2.6. W.F. Taylor LLC
9.2.7. Akzo Nobel N.V.
9.2.8. Shanghai Donghe Adhesive Co.,Ltd.
9.2.9. Georgia-Pacific Chemicals LLC
9.2.10. BASF SE
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

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Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
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