Global Wood Adhesives Market 2017-2021

Global Wood Adhesives Market 2017-2021

About Wood Adhesives

Wood adhesives are used to bond two pieces of wood together. These adhesives are used in woodworking and are used in the production of many wooden articles, including furniture, flooring, plywood, doors, and windows. Wood adhesives are mainly based on urea-formaldehyde, melamine-urea-formaldehyde, phenol-formaldehyde, and isocyanate resins. These adhesives are regulated, and the usage in specified applications is monitored under strict guidelines as formaldehyde resins are harmful to the environment and individuals.

Technavio’s analysts forecast the global wood adhesives market to grow at a CAGR of 3.73% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global wood adhesives market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price for the product.

The market is divided into the following segments based on geography:

  • APAC
  • Europe
  • North America
  • ROW
Technavio's report, Global Wood Adhesives Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • AkzoNobel
  • Ashland
  • H.B. Fuller
  • Henkel
  • The Dow Chemical Company
Other prominent vendors
  • 3M Company
  • Adhesives Research
  • Avery Dennison
  • BASF
  • Huntsman
  • Pidilite Industries
  • Sika
Market driver
  • High demand in China
  • For a full, detailed list, view our report
Market challenge
  • Durability of products
  • For a full, detailed list, view our report
Market trend
  • Kids furniture gaining popularity
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Wood Adhesives Market 2017-2021
Technavio recognizes the following companies as the key players in the global wood adhesives market: AkzoNobel, Ashland, H.B. Fuller, Henkel, and The Dow Chemical Company.
Other Prominent Vendors in the market are: 3M Company, Adhesives Research, Avery Dennison, BASF, Huntsman, Pidilite Industries, and Sika.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is kids furniture gaining popularity. The kids segment in the wood furniture industry provides notable growth prospects. It has been observed that parents in China are more concerned about the quality of life of their children. In addition, the increase in the real estate residential inventories in the major cities of the country has increased the demand for residential furniture, including kid’s furniture. The rise in demand for kid’s furniture is anticipated to boost the growth of the wood adhesives industry in the country.”
According to the report, one of the major drivers for this market is high demand in China. The demand for wood adhesives is increasing in China due to an increase in the production of wood composites. The country was the largest producer of wood adhesives, especially those containing urea-formaldehyde and melamine-urea-formaldehyde resins. These adhesives are used for manufacturing interior-grade wood composites. The demand for wood adhesives in the country is expected to increase further due to the increasing production of wood composites and economic growth.

Further, the report states that one of the major factors hindering the growth of this market is durability of products. Different species of wood are used for the construction of different structures. These pose a range of challenges relating to density, porosity, oils in the wood, flexibility, and elasticity. Therefore, the adhesives used in the furniture or any wooden construction must be compatible with parameters such as wood, use, climate, etc. The adhesives must also be compatible with different environmental conditions, such as temperature, humidity, rain, and salt spray exposure. Wood products have long service lives.

Companies Mentioned

AkzoNobel, Ashland, H.B. Fuller, Henkel, The Dow Chemical Company, 3M Company, Adhesives Research, Avery Dennison, BASF, Huntsman, Pidilite Industries, and Sika.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
    • Overview
  • Market landscape
    • Market overview
      • Table Segmentation of wood adhesives market
    • Market size and forecast
      • Table Global wood adhesives market 2016 and 2021 ($ billions)
      • Table Market forecast: Global wood adhesives market 2016-2021
    • Five forces analysis
      • Table Five forces analysis
  • Market Segmentation by application
    • Global wood adhesives market by application
      • Table Global wood adhesives market by application 2016
      • Table Global wood adhesives market by application 2021
      • Table Global wood adhesives market by application in 2016 and 2021 ($ billions)
      • Table Global wood adhesives market for flooring and plywood application 2016 and 2021 ($ billions)
      • Table Market forecast: Global wood adhesives market for flooring and plywood application 2016-2021
    • Global wood adhesives market for furniture and subcomponents Application
      • Table Global wood adhesives market for furniture and subcomponents application 2016 and 2021 ($ billions)
      • Table Market forecast: Global wood adhesives market for furniture and subcomponent application (2016-2021)
    • Global wood adhesives market for cabinets application
      • Table Global wood adhesives market for cabinets application 2016 and 2021 ($ billions)
      • Table Market forecast: Global wood adhesives market for cabinets application 2016-2021
    • Global wood adhesives market for windows and doors application
      • Table Global wood adhesives market for windows and doors application 2016 and 2021 ($ billions)
      • Table Market forecast: Global wood adhesives market for windows and doors application 2016-2021
    • Global wood adhesives market for other applications
      • Table Global wood adhesives market for other applications 2016 and 2021 ($ billions)
      • Table Market forecast: Global wood adhesives market for other applications 2016-2021
  • Geographic segmentation
    • Global wood adhesives market by geography
      • Table Global wood adhesives market by geography 2016
      • Table Global wood adhesives market by geography 2021
      • Table Global wood adhesives market by geography in 2016 and 2021 ($ billions)
    • Wood adhesives market in APAC
      • Table Wood adhesives market in APAC 2016 and 2021 ($ billions)
      • Table Market forecast: Wood adhesives market in APAC 2016-2021
    • Wood adhesives market in Europe
      • Table Wood adhesives market in Europe 2016 and 2021 ($ billions)
      • Table Market forecast: Wood adhesives market in Europe 2016-2021
    • Wood adhesives market in North America
      • Table Wood adhesives market in North America 2016 and 2021 ($ billions)
      • Table Market forecast: Wood adhesives market in North America 2016-2021
    • Wood adhesives market in ROW
      • Table Wood adhesives market in ROW 2016 and 2021 ($ billions)
      • Table Market forecast: Wood adhesives market in ROW 2016-2021
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Impact of drivers on key regions
      • Table Impact of drivers
    • Market challenges
    • Impact of challenges on key regions
      • Table Impact of challenges
  • Market trends
    • Growth of housing market in North America
    • Kids furniture gaining popularity
    • Increasing use of recycled wood
    • Acceptance of modular kitchen
    • Increasing demand for bio-based wood adhesives
  • Vendor landscape
    • Competitive scenario
      • Table Key vendors in global wood adhesives market
    • Other prominent vendors
  • Key vendor analysis
    • AkzoNobel
      • Table AkzoNobel: Business segmentation 2016
      • Table AkzoNobel: Geographic segmentation 2016
      • Table AkzoNobel: Revenue segmentation of by end-user segment 2016
    • Ashland
      • Table Ashland: Business segmentation 2016
      • Table Ashland: Geographic segmentation 2016
    • H.B. Fuller
      • Table H.B. Fuller: Business segmentation 2016
      • Table H.B. Fuller: Geographic segmentation 2016
    • Henkel
      • Table Henkel: Business segmentation 2016
      • Table Henkel: Geographic segmentation 2016
    • The Dow Chemical Company
      • Table The Dow Chemical Company: Segmentation by operating segment revenue 2016
  • Appendix
    • List of abbreviations
  • Explore Technavio

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