Wood Adhesives and Binders Market Share Analysis and Research Report by 2025
Category: #reports  By Rahul Sankrityayan  Date: 2020-04-15
  • share
  • Twitter
  • Facebook
  • LinkedIn

Wood Adhesives and Binders Market Share Analysis and Research Report by 2025

Wood Adhesives and Binders Market is forecast to reach USD 21 billion according to this new research report. Wood Adhesives and Binders Market is forecast to reach USD 21 billion according to this new research report.Fluctuating petrochemical product prices from which wood adhesives and binders are produced, such as polyolefins, vinyl acetate, acrylates, phenols, etc., are potential hurdles in wood adhesives and binders market growth over the next few years. Moreover, VOC emission during industrial product and commercial applications cause health and environmental hazards. Hence, governments across the globe, have stringent regulations and norms for environment protect and use of products/chemicals that emit VOCs.

Get Sample For Technological Breakthroughs @ https://www.decresearch.com/request-sample/detail/1098

Robust growth indicators in construction business across the globe will be the chief growth driver for the wood adhesives and binders market over the forecast timespan. Wood adhesives and binders are extensively used in construction industry in production of cabinets, flooring, doors, windows and several other structural components. Construction industry is witnessing substantial growth with valuation in 2013 exceeding USD 7 trillion and may reach USD 13 trillion in the coming years. This trend coupled with increasing demand for improving aesthetic appearance of structures will accelerate product demand in the forecast duration.

Top Companies

  1. 3M Company
  2. Ashland Inc.
  3. H.B Fuller Company
  4. Henkel AG & Co. KGaA
  5. BASF SE
  6. Huntsman Corporation
  7. Avery Dennison Corporation
  8. Adhesives Research Inc.
  9. Dow Chemical Company
  10. Bostik SA

Global Wood Adhesives And Binders Product Analysis

  • Urea-formaldede (UF)
  • Melamine-urea-formaldehyde (MUF)
  • Phenol-formaldehyde (PF)
  • Isocyanates (MDI, TDI, HDI)
  • Soy-based
  • Others

Global Wood Adhesives And Binders Application Analysis

  • Cabinets
  • Flooring & plywood
  • Furniture & subcomponents
  • Windows & doors
  • Others

 

Place An Inquiry Before Investment (Use Corporate Details Only): https://www.decresearch.com/inquiry-before-buying/1098

Flooring & plywood segment of wood adhesives and binders market is likely to witness gains close to CAGR 5%. This segment includes softwood and hardwood plywood applications. Booming construction & flooring industry will fuel product demand in the coming years. In 2016, overall wood adhesives and binders market for furniture & subcomponents application segment generated revenue close to USD 4 billon. Rising per capita income of consumers has fueled furniture demand considerably across the globe. Additionally, rising number of commercial projects is anticipated to influence furniture demand due to procurement of desks, chairs and several other furniture in bulk quantities.

North America, shall witness gains close to 4% CAGR during the forecast period. The product demand in this region will be primarily driven by increasing interior renovation activities in U.S on account of lavish consumer lifestyle. Asia Pacific, led by India, Japan and China, was worth more than USD 3 billion in 2016. The major factor responsible for driving the product demand in future is the rapidly growing construction industry. In addition, increased consumer spending has augmented wood furniture demand in this region, which will positively impact the wood adhesives and binders market over the forecast duration.

If You Want Discount This Report Now here @ https://www.decresearch.com/request-discount/1098

In 2016, wood adhesives and binders market was consolidated with key companies holding more than 40% share of the industry market. Major industry players are H.B. Fuller, Henkel AG, BASF SE, 3M Company and Huntsman Corporation. Other notable companies are Avery Dennison, Bostik SA, Dow Chemical and Ashland Inc

Read More:

Biopesticides Market Demand, Recent Trends and Developments Analysis 2025

Leather Chemicals Market Research Report, Growth Forecast 2025

Oilfield surfactants market Share Analysis and Research Report by 2026

 

 



About Author

Rahul Sankrityayan

Email: [email protected]   

Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Technology Magazine, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experie...

Read More

More News By Rahul Sankrityayan

Gas Water Heater Market Analysis, Size, Share, Growth, Trends and Forecast 2020-2026 
Gas Water Heater Market Analysis, Size, Share, Growth, Trends and Forecast 2020-2026 
By Rahul Sankrityayan

According to DEC Research, Gas Water Heater Market provides a comprehensive analysis of the market segments, including their dynamics, size, growth, regulatory requirements, technological trends, competitive landscape, and emerging opportunities o...

Zonal Isolation Market Expected to Witness High Growth over the Forecast Period 2018 – 2024
Zonal Isolation Market Expected to Witness High Growth over the Forecast Period 2018 – 2024
By Rahul Sankrityayan

The demand for Global Zonal Isolation Market is anticipated to be high for the next five years. By considering this demand we provide latest Global Zonal Isolation Market Report which gives complete industry analysis, market outlook, size, growth ...

Oil Storage Market: Application Potential, Competitive Oil Storage Market Share & Forecast, 2018 – 2024
Oil Storage Market: Application Potential, Competitive Oil Storage Market Share & Forecast, 2018 – 2024
By Rahul Sankrityayan

The Oil Storage Market report add detailed competitive landscape of the global market. It includes company, market share analysis, product portfolio of the major industry participants. The report provides detailed segmentation of the industry base...