Wood Adhesives Market, by Product Type (Urea-formaldehyde (UF) & Melamine urea-formaldehyde (MUF), Phenol-formaldehyde, Epoxy, Polyurethane, Polyvinyl acetate (PVA), and Others (Soy Based, etc.)), by Technology (Solvent-based, Water-based, and Others (Sol

Wood Adhesives Market, by Product Type (Urea-formaldehyde (UF) & Melamine urea-formaldehyde (MUF), Phenol-formaldehyde, Epoxy, Polyurethane, Polyvinyl acetate (PVA), and Others (Soy Based, etc.)), by Technology (Solvent-based, Water-based, and Others (Solvent less, etc.)), by Substrate (Solid Wood, Oriented Strand Boards, Plywood, Fiberboards, and Others (Particle Board, etc.)), by End User (Furniture, Flooring, Housing Components, Doors & Windows, Others), and by Region (North America, Latin America, Asia Pacific, Europe, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Wood adhesive refers to adhesive that assists in bonding pieces of wood together. They 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 parts. Adhesives are becoming more popular as a substitute for traditional fasteners, which is driving the market growth. They are lightweight and give strong bonding and clean finishes. They are non-corrosive and contain anti-sealing qualities. The Asia-Pacific region has the largest market for wood adhesives.
A solvent-based adhesive is a glue or adhesion agent that comes in the form of a liquid. Because they include an adhesive inside a more flexible or spreadable material, solvent-based adhesives are easier to apply. It helps users to apply the adhesive with greater care, covering areas where hard glue would be impossible to cover. When solvent-based adhesives are introduced, the solvent evaporates, allowing the polymer solution to dry quickly. The glue becomes stronger as the solvent evaporates, until there is no more solvent in the solution and the adhesive reaches its maximum strength. As a result of these factors, the wood adhesives market is predicted to advance in the future.
Market Dynamics
Wood adhesive consumption in particleboard (PB) is estimated to grow at a significant rate during the forecast period. Particleboard is made by combining flakes and wood particles with glue and making thin sheets out of the sticky mixture. In Europe, particleboards are extremely popular. Because of its reduced cost, particleboard can be used to replace other materials such as plywood. When compared to plywood, it is denser, less expensive, and more consistent. Over the forecast period, this is expected to have a favorable impact on product demand.
In the woodworking industry, soy-based adhesives have essentially replaced petrochemical-based adhesives. These adhesives are safe for the environment and increase the wood panel's overall performance.
The raw material or feedstock obtained from petroleum or crude oil for the manufacture of these adhesives is one of the primary challenges facing the global market for wood adhesives. As a result, price fluctuation has an impact on the cost of producing wood adhesives, which is a significant concern for the producers.
Key features of the study:
This report provides an in-depth analysis of the global wood adhesives market, and provides market size (US$ Million and Kilotons) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global wood adhesives market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Henkel AG & Co. KGaA, Sika AG, The 3M Company, Arkema, HB Fuller, Bostik SA, Ashland Inc., Pidilite Industries Limited, Akzo Nobel NV, and Jubilant Industries Ltd.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
The global wood adhesives market report caters to various stakeholders in this industry including investors, suppliers, extruded aluminum profiles manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global wood adhesives market
Detailed Segmentation:
Global Wood Adhesives Market, By Product Type:
Urea-formaldehyde (UF) & Melamine urea-formaldehyde (MUF)
Phenol-formaldehyde
Epoxy
Polyurethane
Polyvinyl acetate (PVA)
Others (Soy Based, etc.)
Global Wood Adhesives Market, By Technology:
Solvent-based
Water-based
Others (Solvent less, etc.)
Global Wood Adhesives Market, By Substrate:
Solid Wood
Oriented Strand Boards
Plywood
Fiberboards
Others (Particle Board, etc.)
Global Wood Adhesives Market, By End User:
Furniture
Flooring
Housing Components
Doors & Windows
Others
Global Wood Adhesives Market, By Region:
North America
By Country:
U.S.
Canada
Latin America
By Country:
Brazil
Argentina
Mexico
Rest of Latin America
Europe
By Country:
U.K.
Germany
France
Italy
Spain
Russia
Rest Of Europe
Asia Pacific
By Country:
China
India
Japan
South Korea
ASEAN
Australia
Rest of Asia Pacific
Middle East & Africa
By Country/Region:
Middle East
Africa
Company Profiles
Henkel AG & Co. KGaA*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Sika AG
The 3M Company
Arkema
HB Fuller
Bostik SA
Ashland Inc.
Pidilite Industries Limited
Akzo Nobel NV
Jubilant Industries Ltd.
“*” marked represents similar segmentation in other categories in the respective section.