Europe Industrial Wood Adhesives Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Resin Type (Natural and Synthetic), and Technology (Solvent-Based, Water-Based, Solventless, and Others)

Publication Month: Jun 2021 | Report Code: TIPRE00023052 | No. of Pages: 104 | Category: Chemicals and Materials | Status: Published

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The Europe industrial wood adhesives market is expected to grow from US$ 1,371.26 million in 2020 to US$ 2,059.52 million by 2027; it is estimated to grow at a CAGR of 6.0% from 2020 to 2027.

European continent comprises several developing economies, including Germany, France, Italy, UK, and Russia, among others. The rise in the number of infrastructure projects which is due to the increasing investments and economic recovery will drive the Europe wood adhesive market demand. In terms of production and demand, Europe is a major player in the Europe wooden furniture industry. In Europe significant investments in renovation and R&D activities are increasing. Europe has emerged as a pioneer in refurbishment design in recent years, with houses and historic city centers being renovated and remodeled. The European wooden furniture industry combines new technologies and innovation with cultural heritage, tradition, and style. Thus they fulfil the demand of modern & luxury wooden furniture for hotels, restaurants, residential constructions, offices etc.
 

In case of COVID-19, in Europe, especially France, witnessed an unprecedented rise in number of coronavirus cases, which led to the discontinuation of industrial wood adhesives manufacturing activities. Downfall of other chemical and materials manufacturing sectors has subsequently impacted the demand for industrial wood adhesives during the early months of 2020. Moreover, decline in the overall construction and building materials manufacturing activities has led to discontinuation of industrial wood adhesives manufacturing projects, thereby reducing the demand for industrial wood adhesives. Similar trend was witnessed in other European countries, i.e., Russia, UK, Italy, Germany and Spain. However, the countries are likely to overcome thus drop in demand with the economic activities regaining their pace, especially in the beginning of the 2021.

 

With the new advancements and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe industrial wood adhesives market. Wood adhesives offer various advantages, and hence it is used in more than 70% of wood products across the world. Wood adhesives have a significant role in modern industrial wood construction. The wood adhesive is used for various wood assembly applications such as dowel attachment, edge gluing, finger joining, tongue and groove joints, and miter gluing. Adhesives help to save wood and can be utilized to build light and strong structures. It helps to moderate the expansion and contraction due to the inherent moisture retention of wood. Manufacturers are striving to produce wood adhesives that have greater resistance to moisture content. Compared to conventional methods, wood adhesives offer other benefits, including improved adhesion, compatibility of the use with several substrates and higher strength, faster drying and setting time, aesthetic appeal compared to use of metal fasteners, and other methods of bonding. Wood adhesives are frequently used on commercial doors and windows for waterproofing and to enhance the overall texture and appeal. Furthermore, the wood industry is evolving continuously, and thus, modern industrial wood adhesives have been tailored to meet the wood industry's needs. Thus, owing to the aforementioned advantages, wood adhesives are highly used for industrial applications, and thereby the market is witnessing tremendous growth in Europe.

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Europe Industrial Wood Adhesives Market Segmentation


Europe Industrial Wood Adhesives Market – By Type

  • Natural
  • Synthetic
Europe Industrial Wood Adhesives Market – By Technology
  • Solvent-Based
  • Water-Based
  • Solventless
  • Others
Europe Industrial Wood Adhesives Market – By Country
  • Germany
  • France
  • Italy
  • UK
  • Russia
  • Rest of Europe

1.           Introduction

1.1         Scope of the Study

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Europe Industrial Wood Adhesives Market – Key Takeaways

3.           Research Methodology

3.1         Scope of the Study

3.2         Research Methodology

3.2.1        Data Collection:

3.2.2        Primary Interviews:

3.2.3        Hypothesis Formulation:

3.2.4        Macro-Economic Factor Analysis:

3.2.5        Developing Base Number:

3.2.6        Data Triangulation:

3.2.7        Country level data:

4.           Europe Industrial Wood Adhesives– Market Landscape

4.1         Overview

4.2         PEST Analysis

4.3         Expert Opinions

5.           Europe Industrial Wood Adhesives Market – Key Industry Dynamics

5.1         Market Drivers

5.1.1        Rising Construction and Infrastructural Activities

5.1.2        Advantages Offered by Wood Adhesives

5.2         Market Restraint

5.2.1        Volatility in Petroleum or Crude Oil Prices

5.3         Future Trends

5.3.1        Increasing demand for bio-based wood adhesives

5.4         Impact Analysis

6.           Industrial Wood Adhesives Market – Europe Analysis

6.1         Europe Industrial Wood Adhesives Market Revenue Forecast and Analysis

7.           Europe Industrial Wood Adhesives Market Analysis – By Resin Type

7.1         Overview

7.2         Industrial Wood Adhesives Market Revenue Share, by Resin Type (2019 and 2027)

7.3         Natural

7.3.1        Overview

7.3.2        Natural: Industrial Wood Adhesives Market – Revenue and Forecast to 2027 (US$ Million)

7.4         Synthetic

7.4.1        Overview

7.4.2        Synthetic: Industrial Wood Adhesives Market – Revenue and Forecast to 2027 (US$ Million)

8.           Europe Industrial Wood Adhesives Market Analysis – By Technology

8.1         Overview

8.2         Industrial Wood Adhesives Market Revenue Share, by Technology (2019 and 2027)

8.3         Solvent-Based

8.3.1        Overview

8.3.2        Solvent-Based: Industrial Wood Adhesives Market – Revenue and Forecast to 2027 (US$ Million)

8.4         Water-Based

8.4.1        Overview

8.4.2        Water-Based: Industrial Wood Adhesives Market – Revenue and Forecast to 2027 (US$ Million)

8.5         Solventless

8.5.1        Overview

8.5.2        Solventless: Industrial Wood Adhesives Market – Revenue and Forecast to 2027 (US$ Million)

8.6         Others

8.6.1        Overview

8.6.2        Others: Industrial Wood Adhesives Market – Revenue and Forecast to 2027 (US$ Million)

9.           Europe Industrial Wood Adhesives Market – Country Analysis

9.1         Europe: Industrial Wood Adhesives Market

9.1.1        Overview

9.1.2        Europe: Industrial Wood Adhesives Market, by Country, 2019 & 2027 (%)

9.1.3        UK: Industrial Wood Adhesives Market – Revenue and Forecast to 2027 (US$ Million)

9.1.3.1          UK: Industrial Wood Adhesives Market – Revenue and Forecast to 2027 (US$ Million)

9.1.3.2          UK: Industrial Wood Adhesives Market, by Resin Type, 2018–2027 (US$ Million)

9.1.3.3          UK: Industrial Wood Adhesives Market, by Technology, 2018–2027 (US$ Million)

9.1.4        Germany: Industrial Wood Adhesives Market – Revenue and Forecast to 2027 (US$ Million)

9.1.4.1          Germany: Industrial Wood Adhesives Market – Revenue and Forecast to 2027 (US$ Million)

9.1.4.2          Germany: Industrial Wood Adhesives Market, by Resin Type, 2017–2027 (US$ Million)

9.1.4.3          Germany: Industrial Wood Adhesives Market, by Technology, 2017–2027 (US$ Million)

9.1.5        France: Industrial Wood Adhesives Market – Revenue and Forecast to 2027 (US$ Million)

9.1.5.1          France: Industrial Wood Adhesives Market – Revenue and Forecast to 2027 (US$ Million)

9.1.5.2          France: Industrial Wood Adhesives Market, by Resin Type, 2017–2027 (US$ Million)

9.1.5.3          France: Industrial Wood Adhesives Market, by Technology, 2018–2027 (US$ Million)

9.1.6        Italy: Industrial Wood Adhesives Market – Revenue and Forecast to 2027 (US$ Million)

9.1.6.1          Italy: Industrial Wood Adhesives Market – Revenue and Forecast to 2027 (US$ Million)

9.1.6.2          Italy: Industrial Wood Adhesives Market, by Resin Type, 2018–2027 (US$ Million)

9.1.6.3          Italy: Industrial Wood Adhesives Market, by Technology, 2018–2027 (US$ Million)

9.1.7        Russia: Industrial Wood Adhesives Market – Revenue and Forecast to 2027 (US$ Million)

9.1.7.1          Russia: Industrial Wood Adhesives Market – Revenue and Forecast to 2027 (US$ Million)

9.1.7.2          Russia: Industrial Wood Adhesives Market, by Resin Type, 2018–2027 (US$ Million)

9.1.7.3          Russia: Industrial Wood Adhesives Market, by Technology, 2018–2027 (US$ Million)

9.1.8        Rest of Europe: Industrial Wood Adhesives Market – Revenue and Forecast to 2027 (US$ Million)

9.1.8.1          Rest of Europe: Industrial Wood Adhesives Market – Revenue and Forecast to 2027 (US$ Million)

9.1.8.2          Rest of Europe: Industrial Wood Adhesives Market, by Resin Type, 2018–2027 (US$ Million)

9.1.8.3          Rest of Europe: Industrial Wood Adhesives Market, by Technology, 2018–2027 (US$ Million)

10.        Impact of COVID-19 Pandemic on Europe Industrial Wood Adhesives Market

10.1      Overview

10.2      Europe: Impact Assessment of COVID-19 Pandemic

11.        Industry Landscape

11.1      Overview

11.2      Product News

11.3      Merger and Acquisition

12.        Company Profiles

12.1      H.B.Fuller Company

12.1.1     Key Facts

12.1.2     Business Description

12.1.3     Products and Service

12.1.4     Financial Overview

12.1.5     SWOT Analysis

12.1.6     Key Developments

12.2      Henkel AG & Company, KGAA

12.2.1     Key Facts

12.2.2     Business Description

12.2.3     Products and Services

12.2.4     Financial Overview

12.2.5     SWOT Analysis

12.3      Ashland

12.3.1     Key Facts

12.3.2     Business Description

12.3.3     Products and Services

12.3.4     Financial Overview

12.3.5     SWOT Analysis

12.4      Arkema Group

12.4.1     Key Facts

12.4.2     Business Description

12.4.3     Products and Services

12.4.4     Financial Overview

12.4.5     SWOT Analysis

12.5      Sika AG

12.5.1     Key Facts

12.5.2     Business Description

12.5.3     Products and Services

12.5.4     Financial Overview

12.5.5     SWOT Analysis

12.6      Dow

12.6.1     Key Facts

12.6.2     Business Description

12.6.3     Products and Services

12.6.4     Financial Overview

12.6.5     SWOT Analysis

12.7      3M

12.7.1     Key Facts

12.7.2     Business Description

12.7.3     Products and Services

12.7.4     Financial Overview

12.7.5     SWOT Analysis

12.8      Akzo Nobel N.V.

12.8.1     Key Facts

12.8.2     Business Description

12.8.3     Products and Services

12.8.4     Financial Overview

12.8.5     SWOT Analysis

13.        Appendix

13.1      About The Insight Partners

             13.2      Glossary of Terms

LIST OF TABLES

Table 1.             Europe Industrial Adhesives Market –Revenue and Forecast to 2027 (US$ Mn)

Table 2.             UK: Industrial Wood Adhesives Market, by Resin Type– Revenue and Forecast to 2027 (US$ Million)

Table 3.             UK: Industrial Wood Adhesives Market, by Technology– Revenue and Forecast to 2027 (US$ Million)

Table 4.             Germany: Industrial Wood Adhesives Market, by Resin Type– Revenue and Forecast to 2027 (US$ Million)

Table 5.             Germany: Industrial Wood Adhesives Market, by Technology– Revenue and Forecast to 2027 (US$ Million)

Table 6.             France: Industrial Wood Adhesives Market, by Resin Type– Revenue and Forecast to 2027 (US$ Million)

Table 7.             France: Industrial Wood Adhesives Market, by Technology– Revenue and Forecast to 2027 (US$ Million)

Table 8.             Italy: Industrial Wood Adhesives Market, by Resin Type– Revenue and Forecast to 2027 (US$ Million)

Table 9.             Italy: Industrial Wood Adhesives Market, by Technology– Revenue and Forecast to 2027 (US$ Million)

Table 10.          Russia: Industrial Wood Adhesives Market, by Resin Type– Revenue and Forecast to 2027 (US$ Million)

Table 11.          Russia: Industrial Wood Adhesives Market, by Technology– Revenue and Forecast to 2027 (US$ Million)

Table 12.          Rest of Europe: Industrial Wood Adhesives Market, by Resin Type– Revenue and Forecast to 2027 (US$ Million)

Table 13.          Rest of Europe: Industrial Wood Adhesives Market, by Technology– Revenue and Forecast to 2027 (US$ Million)

Table 14.          Glossary of Terms, Industrial Wood Adhesives Market

LIST OF FIGURES

Figure 1.           Industrial Wood Adhesives Market Segmentation

Figure 2.           Europe Industrial Wood Adhesives Market, By Country

Figure 3.           Europe Industrial Wood Adhesives Market Overview

Figure 4.           Solvent-Based Segment Held Major Share by Technology Segment in Industrial Wood Adhesives Market

Figure 5.           Germany to Witness Fastest Growth in the Market During the Forecast Period

Figure 6.           Europe Industrial Wood Adhesives Market, Industry Landscape

Figure 7.           Europe - PEST Analysis

Figure 8.           Impact Analysis of Drivers and Restraints

Figure 9.           Europe Industrial Wood Adhesives Market – Revenue Forecast and Analysis – 2017- 2027

Figure 10.        Industrial Wood Adhesives Market Revenue Share, by Resin Type (2019 and 2027)

Figure 11.        Natural: Industrial Wood Adhesives Market – Revenue and Forecast to 2027 (US$ Million)

Figure 12.        Synthetic: Industrial Wood Adhesives Market – Revenue and Forecast to 2027 (US$ Million)

Figure 13.        Industrial Wood Adhesives Market Share, by Technology (2019 and 2027)

Figure 14.        Solvent-Based: Industrial Wood Adhesives Market – Revenue and Forecast to 2027 (US$ Million)

Figure 15.        Water-Based: Industrial Wood Adhesives Market – Revenue and Forecast to 2027 (US$ Million)

Figure 16.        Solventless: Industrial Wood Adhesives Market – Revenue and Forecast to 2027 (US$ Million)

Figure 17.        Others: Industrial Wood Adhesives Market – Revenue and Forecast to 2027 (US$ Million)

Figure 18.        Europe: Industrial Adhesives Market, by Key Country – Revenue (2019) (USD Million)

Figure 19.        Europe: Industrial Wood Adhesives Market, by Country, 2019 & 2027 (%)

Figure 20.        UK: Industrial Wood Adhesives Market – Revenue and Forecast to 2027 (US$ Million)

Figure 21.        Germany: Industrial Wood Adhesives Market – Revenue and Forecast to 2027 (US$ Million)

Figure 22.        France: Industrial Wood Adhesives Market – Revenue and Forecast to 2027 (US$ Million)

Figure 23.        Italy: Industrial Wood Adhesives Market – Revenue and Forecast to 2027 (US$ Million)

Figure 24.        Russia: Industrial Wood Adhesives Market – Revenue and Forecast to 2027 (US$ Million)

Figure 25.        Rest of Europe: Industrial Wood Adhesives Market – Revenue and Forecast to 2027 (US$ Million)

Figure 26.        Impact of COVID-19 Pandemic in European Country Markets  

  1. H.B. Fuller Company
  2. Henkel AG & Company, KGAA
  3. Ashland
  4. Arkema Group
  5. Sika AG
  6. Dow
  7. 3M
  8. Akzo Nobel N.V.
TIPRE00023052
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