openPR Logo
Press release

Wood Adhesives and Binders Market is Anticipated to Reach USD 17.77 Billion by 2020

06-19-2018 04:09 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Wood Adhesives and Binders Market is Anticipated to Reach USD

Transparency Market Research has published a new market report titled “Wood Adhesives and Binders Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020.” According to the report, the global wood adhesives and binders market was valued at USD 13.15 billion in 2013 and is expected to reach USD 17.77 billion by 2020, expanding at a CAGR of 4.4% between 2014 and 2020. In terms of volume, the global wood adhesives and binders market stood at 16,207.7 kilo tons in 2013.

View Report Preview:
https://www.transparencymarketresearch.com/wood-adhesives-binders-market.html

Browse the full Wood Adhesives and Binders (Urea-formaldehyde, Melamine-urea-formaldehyde, Phenol-formaldehyde, Isocyanates, Soy-based and Others) Market for Cabinets, Flooring & Plywood, Furniture & Subcomponents, Windows & Doors, and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020 report at https://www.transparencymarketresearch.com/wood-adhesives-binders-market.html

Increasing population across the globe is estimated to boost the market for construction projects. This, in turn, is anticipated to propel the wood adhesives and binders market in the near future. Benefits such as ease of use, time efficiency, lightness in weight, low prices and aesthetics are the major drivers for rising adoption of wood adhesives and binders. However, stringent regulations associated with volatile organic compounds (VOCs) and instability in prices of petroleum feedstock is projected to hamper market growth during the forecast period. Furthermore, revenues are expected to grow at a slower rate compared to volume due to price sensitivity of the end-user markets and shifting trend towards products with lower VOCs.

In order to reduce their reliance on synthetic (petroleum-derived) wood adhesives and binders, major industry participants have been shifting their focus towards developing bio-based wood adhesives and binders over the past few years. Bio-based wood adhesives and binders made from soy and cellulose offer better biocompatibility with environment.

North America dominated the global wood adhesives and binders market, accounting for about 33% of the global market in terms of volume in 2013. Asia Pacific was the fastest growing market for wood adhesives and binders, accounting for a significant share of the market volume in 2013. The market in the region is likely to grow at a faster pace from 2014 to 2020. Europe also held a healthy share of the market in terms of volume in 2013. Major demand growth in Europe is expected from emerging Eastern European countries, especially Russia. RoW accounted for the least share of the total volume in 2013.

Urea-formaldehyde products emerged as the largest product segment, accounting for over 30% of the global wood adhesives and binders market in 2013. In terms of volume, soy-based wood adhesives and binders are expected to be the fastest growing products, expanding at a CAGR of approximately 7% between 2014 and 2020, due to a shift towards bio-based products encouraged by stringent environment regulations and sustainability requirements. Additionally, bio-based wood adhesives and binders offer superior biocompatibility and negligible VOC emissions.

Request to view Sample Report:
https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=3045

Flooring & plywood applications dominated the market in 2013, constituting over half the share of the global market in terms of volume. Furniture & subcomponent applications are likely to be the fastest growing market for wood adhesives and binders, expanding at a CAGR of over 5% from 2014 to 2020 in terms of volume. Other applications of wood adhesives and binders include do-it-yourself (DIY) consumer products and crafts. These are expected to grow at a slower pace during the forecast period.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact Us

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: www.transparencymarketresearch.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Wood Adhesives and Binders Market is Anticipated to Reach USD 17.77 Billion by 2020 here

News-ID: 1089108 • Views: 211

More Releases from Transparency Market Research

Endoscopy Repair MarketSet for Rapid Growth and Trend, by 2025
Global Endoscope Repair Market: Overview An endoscope is an instrument used to view any internal cavity of the human body. Endoscopes are inserted into the body via one of many natural orifices. A high resolution camera at the end of inert tubing allows visualization of the body from inside and makes clinical decision making easier. Endoscopes are made of inert material like polyurethane which resists corrosion from bodily fluids and is
Nasal Oxygen Cannula Marketto Set Phenomenal Growth by 2026
Global Nasal Oxygen Cannula Market: Overview A cannula is any tube inserted into the body. A nasal cannula is an oxygen conduit used to deliver high concentrations of oxygen to patients through the nose. Traditionally made of rubber, current versions are made of plastic and can be connected to any oxygen supply by a pliable universal connector. This allows easy adaptability of this product to any setting, for in patient or
Medically Supervised Weight Loss Service MarketShares, Strategies, and Forecasts …
Global Medically Supervised Weight Loss Service Market: Overview Obesity has reached concerning levels around the world, with an increasing number of people tipping the scales. 69% of Americans are estimated to be overweight or obese at this point in time. Excess weight is increasingly linked with a number of chronic diseases that figure as the top causes of mortality worldwide. Also, popular human aesthetics are pushing people towards a fitter body
Bone Conduction Hearing Devices Market: Business Overview and Global Development …
Global Bone Conduction Hearing Devices Market: Snapshot Growing instances of hearing issues among older population is working as a driving factor for the growth of the global bone conduction hearing devices market. Bone conduction hearing devices are gaining popularity in all worldwide populace owing to their ability to work as a substitute to conventional hearing devices. These devices are used by people who are suffering from hearing issues related to miss

All 5 Releases


More Releases for Wood

Global Wood Waxes Market For Particleboard, Wood Coating, Lubrication
Latest industry research report on: Global Wood Waxes Market | Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts. In this report, the global Wood Waxes market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. In addition, drivers, restraints and opportunities, competitive landscape have also been
Innovative Wood Art Pet Furniture
The Catgroove pet sofa bed. The Catgroove is an oversized ultra-plush pet bed finely handcrafted from Grade 1 solid teak wood, featuring huge inward space for the lazy and sleepy needs of our cats. This bed also has a removable/washable cushion cover for easy cleaning. The finest finish one can find with such ease, with a comfy, high-loft, milled foam cushion, it boasts durable furniture grade construction. Comfortably fits pets
U.S. Wood Moldings, Wood Flooring, And Other Wood Millwork Products Market. Anal …
IndexBox has just published a new report "U.S. Wood Moldings, Wood Flooring, And Other Wood Millwork Products Market. Analysis And Forecast to 2025" ( http://www.indexbox.co.uk/store/us-wood-moldings-wood-flooring-and-other-wood-millwork-products-market-analysis-and-forecast-to-2020?utm_source=opr ). The report provides on a detailed analysis of the U.S. wood millwork product market. It indicates the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry. In addition, the report contains insightful information
Cedar Wood Market 2017- Cedar Forest, Rivers Wood Products, Hy Mark Wood Product …
Apex Research, recently published a detailed market research study focused on the "Cedar Wood Market" across the global, regional and country level. The report provides 360° analysis of "Cedar Wood Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Cedar Wood industry, and estimates the future trend of Cedar Wood market on
Wood Adhesives Market 2017 - 2026
Wood Adhesives Market Size, Research, Annalysis, Growth | Industry Report 2022 Market Research Report to It’s a Database. sample copy @ https://goo.gl/rQs0wV “The global wood adhesives market is projected to grow at a CAGR of 3.10% from 2016 to 2026” The global wood adhesives market is projected to reach USD 5.24 billion by 2026, at a CAGR of 3.10% from 2016 to 2026. Growth in this market is mainly attributed
Urbane Living: Reclaimed Wood Flooring
LONDON - 11 June, 2016: Urbane Living introduce a touch of timeless character to your home with Urbane Living's range of reclaimed wood flooring. Crafted from naturally-aged timber sourced from old barns, factories, schools and railway wagons, the repurposed nature of the wood makes reclaimed boards a highly sustainable and ethical flooring option. The longer the timber has matured, the harder and more stable the boards become, with years of exposure to