The global wood adhesives market is anticipated to grow at a CAGR during the forecast period. The market growth is driven by the increasing disposable income level in major economies, rising demand for engineered wood-based panels and eco-friendly & green furniture in the residential sector, and rapid urbanization that has surged the construction activities in emerging economies. Apart from these, wood panel manufacturers, especially in Asia-Pacific, rely on in-house production capabilities to produce adhesives for their products. Moreover, with the growing construction sector in Asia-Pacific major countries, such as China, India, and Japan, the utilization of wood adhesives is increasing in the region. In India, as per the IBEF, FDI in the construction development sector and construction activities stood at $26.08 bn and $24.72 bn, respectively, between April 2000 and March 2021. The growing construction activities are creating significant scope for the wood adhesive market. Besides, the market growth is also backed by the increasing mergers and acquisitions and new product launches by the major players in the market in order to fulfill the growing market demand. 

In August 2021, Arkema Group acquired Ashland’s Performance Adhesives business, one of the global leaders in high-performance adhesives for industrial applications in the US with a unique and innovative product portfolio. With this acquisition, the company expanded its product offering to high-performance adhesives. Similarly, in March 2019, Akzo Nobel NV launched a new coatings system.

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Market Coverage

The market number available for – 2023-2031
Base year- 2023
Forecast period- 2024-2031

Segment Covered- 

By Resin Type
By Technology
By Application

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World

Competitive Landscape- 3M Co., Arkema Group, Akzo Nobel NV, Ashland Inc., Bostik SA, The Dow Chemical Co, Henkel AG & Co. KGaA, Jubilant Industries Ltd., Pidilite Industries Ltd., among others.

Wood adhesives Market Report by Segment

By Resin Type

Natural
Synthetic

By Technology

Solvent-Based
Water-Based

 By Application

Flooring & Decks
Furniture
Particle Board
Windows & Doors
Others

A full Report of Wood Adhesives Market is Available @ https://www.omrglobal.com/industry-reports/wood-adhesives-market

Wood adhesives Market Report by Region

North America

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America 
Middle East & Africa

Company Profiles           

3M Co.
AICA Kogyo Co. Ltd
Arkema Group
Akzo Nobel NV
Ashland Global Holdings Inc
Bostik SA 
Dana Lim A/S
The Dow Chemical Co
Dynea Oy
GP Chemicals LLC
B. Fuller Co
Henkel AG & Co. KGaA
Jubilant Industries Ltd
The Lubrizol Corp
Pidilite Industries Ltd
Sika AG 
Wanhua Chemical Group Co., Ltd

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