Wood adhesives and binders are widely utilised because of their advantageous features, such as speed, ease of use, light weight, and low cost. Plywood, furniture, cabinets, windows, and doors are all made from them. Globalization has increased demand for wood adhesives for shipping and transportation, which has resulted in the rise of the wood adhesive and binders industry.
MARKET DYNAMICS
The wood adhesives and binders market is expected to grow significantly due to increased construction activity around the world. A compound used to hold two wood surfaces or another element together is referred to as a wood adhesive or binder. In the near future, the growing construction sector and widespread infrastructure operations are expected to promote the expansion of the wood adhesives and binders market. Furthermore, changing lifestyle and home furnishings trends are expected to drive the growth of the wood adhesives and binders market.
MARKET SCOPE
The "Global Wood Adhesives and Binders Market Analysis to 2031" is a specialized and in-depth study of the chemical and material industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the Wood adhesives and binders market with detailed market segmentation by product and application. The global wood adhesives and binders market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading wood adhesives and binders market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global wood adhesives and binders market is segmented into product and application. By product the Wood adhesives and binders market is classified into urea-formaldehyde, melamine-urea-formaldehyde, phenol-formaldehyde, isocyanates, soy-based, others. By application the Wood adhesives and binders market is classified into cabinets, flooring and plywood, furniture and subcomponents, windows and doors, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global Wood adhesives and binders market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The Wood adhesives and binders market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Wood adhesives and binders market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely, North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the Wood adhesives and binders market in these regions.
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The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global Wood adhesives and binders market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The Wood adhesives and binders market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Wood adhesives and binders market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely, North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the Wood adhesives and binders market in these regions.
MARKET PLAYERS
The report covers vital developments in the Wood adhesives and binders market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the Wood adhesives and binders market are anticipated to lucrative growth opportunities in the future with the rising demand for Wood Adhesives and Bindersin the global market. Below mentioned is the list of few companies engaged in the Wood adhesives and binders market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Wood adhesives and binders market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- 3M Company
- Ashland Inc.
- H.B Fuller Company
- Henkel AG & Co
- KGaA
- BASF SE
- Huntsman Corporation
- Avery Dennison Corporation
- Dow Chemical Company
- Adhesives Research Inc.
- Bostik SA
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Wood Adhesives And Binders Market - By Product
1.3.2 Wood Adhesives And Binders Market - By Application
1.3.3 Wood Adhesives And Binders Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. WOOD ADHESIVES AND BINDERS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. WOOD ADHESIVES AND BINDERS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. WOOD ADHESIVES AND BINDERS MARKET - GLOBAL MARKET ANALYSIS
6.1. WOOD ADHESIVES AND BINDERS - GLOBAL MARKET OVERVIEW
6.2. WOOD ADHESIVES AND BINDERS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. WOOD ADHESIVES AND BINDERS MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. UREA-FORMALDEHYDE
7.3.1. Overview
7.3.2. Urea-Formaldehyde Market Forecast and Analysis
7.4. MELAMINE-UREA-FORMALDEHYDE
7.4.1. Overview
7.4.2. Melamine-Urea-Formaldehyde Market Forecast and Analysis
7.5. PHENOL-FORMALDEHYDE
7.5.1. Overview
7.5.2. Phenol-Formaldehyde Market Forecast and Analysis
7.6. ISOCYANATES
7.6.1. Overview
7.6.2. Isocyanates Market Forecast and Analysis
7.7. SOY-BASED
7.7.1. Overview
7.7.2. Soy-Based Market Forecast and Analysis
7.8. OTHERS
7.8.1. Overview
7.8.2. Others Market Forecast and Analysis
8. WOOD ADHESIVES AND BINDERS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. CABINETS
8.3.1. Overview
8.3.2. Cabinets Market Forecast and Analysis
8.4. FLOORING AND PLYWOOD
8.4.1. Overview
8.4.2. Flooring and Plywood Market Forecast and Analysis
8.5. FURNITURE AND SUBCOMPONENTS
8.5.1. Overview
8.5.2. Furniture and Subcomponents Market Forecast and Analysis
8.6. WINDOWS AND DOORS
8.6.1. Overview
8.6.2. Windows and Doors Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis
9. WOOD ADHESIVES AND BINDERS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Wood Adhesives And Binders Market Overview
9.1.2 North America Wood Adhesives And Binders Market Forecasts and Analysis
9.1.3 North America Wood Adhesives And Binders Market Forecasts and Analysis - By Product
9.1.4 North America Wood Adhesives And Binders Market Forecasts and Analysis - By Application
9.1.5 North America Wood Adhesives And Binders Market Forecasts and Analysis - By Countries
9.1.5.1 United States Wood Adhesives And Binders Market
9.1.5.1.1 United States Wood Adhesives And Binders Market by Product
9.1.5.1.2 United States Wood Adhesives And Binders Market by Application
9.1.5.2 Canada Wood Adhesives And Binders Market
9.1.5.2.1 Canada Wood Adhesives And Binders Market by Product
9.1.5.2.2 Canada Wood Adhesives And Binders Market by Application
9.1.5.3 Mexico Wood Adhesives And Binders Market
9.1.5.3.1 Mexico Wood Adhesives And Binders Market by Product
9.1.5.3.2 Mexico Wood Adhesives And Binders Market by Application
9.2. EUROPE
9.2.1 Europe Wood Adhesives And Binders Market Overview
9.2.2 Europe Wood Adhesives And Binders Market Forecasts and Analysis
9.2.3 Europe Wood Adhesives And Binders Market Forecasts and Analysis - By Product
9.2.4 Europe Wood Adhesives And Binders Market Forecasts and Analysis - By Application
9.2.5 Europe Wood Adhesives And Binders Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Wood Adhesives And Binders Market
9.2.5.1.1 Germany Wood Adhesives And Binders Market by Product
9.2.5.1.2 Germany Wood Adhesives And Binders Market by Application
9.2.5.2 France Wood Adhesives And Binders Market
9.2.5.2.1 France Wood Adhesives And Binders Market by Product
9.2.5.2.2 France Wood Adhesives And Binders Market by Application
9.2.5.3 Italy Wood Adhesives And Binders Market
9.2.5.3.1 Italy Wood Adhesives And Binders Market by Product
9.2.5.3.2 Italy Wood Adhesives And Binders Market by Application
9.2.5.4 United Kingdom Wood Adhesives And Binders Market
9.2.5.4.1 United Kingdom Wood Adhesives And Binders Market by Product
9.2.5.4.2 United Kingdom Wood Adhesives And Binders Market by Application
9.2.5.5 Russia Wood Adhesives And Binders Market
9.2.5.5.1 Russia Wood Adhesives And Binders Market by Product
9.2.5.5.2 Russia Wood Adhesives And Binders Market by Application
9.2.5.6 Rest of Europe Wood Adhesives And Binders Market
9.2.5.6.1 Rest of Europe Wood Adhesives And Binders Market by Product
9.2.5.6.2 Rest of Europe Wood Adhesives And Binders Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Wood Adhesives And Binders Market Overview
9.3.2 Asia-Pacific Wood Adhesives And Binders Market Forecasts and Analysis
9.3.3 Asia-Pacific Wood Adhesives And Binders Market Forecasts and Analysis - By Product
9.3.4 Asia-Pacific Wood Adhesives And Binders Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Wood Adhesives And Binders Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Wood Adhesives And Binders Market
9.3.5.1.1 Australia Wood Adhesives And Binders Market by Product
9.3.5.1.2 Australia Wood Adhesives And Binders Market by Application
9.3.5.2 China Wood Adhesives And Binders Market
9.3.5.2.1 China Wood Adhesives And Binders Market by Product
9.3.5.2.2 China Wood Adhesives And Binders Market by Application
9.3.5.3 India Wood Adhesives And Binders Market
9.3.5.3.1 India Wood Adhesives And Binders Market by Product
9.3.5.3.2 India Wood Adhesives And Binders Market by Application
9.3.5.4 Japan Wood Adhesives And Binders Market
9.3.5.4.1 Japan Wood Adhesives And Binders Market by Product
9.3.5.4.2 Japan Wood Adhesives And Binders Market by Application
9.3.5.5 South Korea Wood Adhesives And Binders Market
9.3.5.5.1 South Korea Wood Adhesives And Binders Market by Product
9.3.5.5.2 South Korea Wood Adhesives And Binders Market by Application
9.3.5.6 Rest of Asia-Pacific Wood Adhesives And Binders Market
9.3.5.6.1 Rest of Asia-Pacific Wood Adhesives And Binders Market by Product
9.3.5.6.2 Rest of Asia-Pacific Wood Adhesives And Binders Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Wood Adhesives And Binders Market Overview
9.4.2 Middle East and Africa Wood Adhesives And Binders Market Forecasts and Analysis
9.4.3 Middle East and Africa Wood Adhesives And Binders Market Forecasts and Analysis - By Product
9.4.4 Middle East and Africa Wood Adhesives And Binders Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Wood Adhesives And Binders Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Wood Adhesives And Binders Market
9.4.5.1.1 South Africa Wood Adhesives And Binders Market by Product
9.4.5.1.2 South Africa Wood Adhesives And Binders Market by Application
9.4.5.2 Saudi Arabia Wood Adhesives And Binders Market
9.4.5.2.1 Saudi Arabia Wood Adhesives And Binders Market by Product
9.4.5.2.2 Saudi Arabia Wood Adhesives And Binders Market by Application
9.4.5.3 U.A.E Wood Adhesives And Binders Market
9.4.5.3.1 U.A.E Wood Adhesives And Binders Market by Product
9.4.5.3.2 U.A.E Wood Adhesives And Binders Market by Application
9.4.5.4 Rest of Middle East and Africa Wood Adhesives And Binders Market
9.4.5.4.1 Rest of Middle East and Africa Wood Adhesives And Binders Market by Product
9.4.5.4.2 Rest of Middle East and Africa Wood Adhesives And Binders Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Wood Adhesives And Binders Market Overview
9.5.2 South and Central America Wood Adhesives And Binders Market Forecasts and Analysis
9.5.3 South and Central America Wood Adhesives And Binders Market Forecasts and Analysis - By Product
9.5.4 South and Central America Wood Adhesives And Binders Market Forecasts and Analysis - By Application
9.5.5 South and Central America Wood Adhesives And Binders Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Wood Adhesives And Binders Market
9.5.5.1.1 Brazil Wood Adhesives And Binders Market by Product
9.5.5.1.2 Brazil Wood Adhesives And Binders Market by Application
9.5.5.2 Argentina Wood Adhesives And Binders Market
9.5.5.2.1 Argentina Wood Adhesives And Binders Market by Product
9.5.5.2.2 Argentina Wood Adhesives And Binders Market by Application
9.5.5.3 Rest of South and Central America Wood Adhesives And Binders Market
9.5.5.3.1 Rest of South and Central America Wood Adhesives And Binders Market by Product
9.5.5.3.2 Rest of South and Central America Wood Adhesives And Binders Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. WOOD ADHESIVES AND BINDERS MARKET, KEY COMPANY PROFILES
11.1. 3M COMPANY
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. ASHLAND INC.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. H.B FULLER COMPANY
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. HENKEL AG AND CO
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. BASF SE
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. HUNTSMAN CORPORATION
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. AVERY DENNISON CORPORATION
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. DOW CHEMICAL COMPANY
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. ADHESIVES RESEARCH INC.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. BOSTIK SA
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. 3M Company
2. Ashland Inc.
3. H.B Fuller Company
4. Henkel AG and Co
5. BASF SE
6. Huntsman Corporation
7. Avery Dennison Corporation
8. Dow Chemical Company
9. Adhesives Research Inc.
10. Bostik SA
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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