Press release
Global Wood Adhesives And Binders Market Top Key Players: 3M, Ashland, H.B. Fuller, BASF, Huntsman Corporation, The Dow Chemical Company
Global Market Insights, Inc.
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The global wood adhesives and binders market is primarily driven by positive construction spending trends, finding uses across flooring, cabinets, doors & windows, structural panels and plywood applications. In 2013, the global construction business was approximately USD 7 trillion, while being poised to surpass USD 13 trillion over the projected timeframe owing to positively influence the industry growth. Additionally, rapid industrialization and urbanization in BRIC countries accompanied with new commercial and residential construction ventures will fuel the industry expansion.
Wood adhesives and binders market size is negatively influenced by stringent environment protocols towards VOC emissions, as they possess severe health and environmental threats. Regulating bodies including the EPA and REACH formulates and directs norms, followed by penalties and losses in case of any breach, owing to restrict profit margins for the industry participants. However, development of bio-based wood adhesives and binders market has formed new growth scenarios for the industry players. For instance, polyols are biologically derived from soybeans and are being effectively used across polyurethane adhesives formulation. Rising bio-based product acceptance on account of its parallel characteristics laterally with cost and environmental benefits will substantially drive the global market over the forecast timeframe.
North America wood adhesives and binders market share is anticipated to record an annual growth rate of more than 4.5% over the coming seven years. The attributing factor towards the industry growth is changing consumer lifestyle along with growing construction activities across the commercial and residential sectors. U.S will be the major revenue pocket of the region.
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Partial Chapter of the Table of Content
Chapter 3 Wood Adhesives And Binders Industry Insights
3.1 Industry segmentation
3.2 Industry size, forecast and growth expectations, 2013 - 2024
3.3 Industry ecosystem analysis
3.3.1. Vendor Matrix
3.3.2. Distribution channel analysis
3.4 Wood adhesives and binders industry impact forces
3.4.1. Growth drivers
3.4.1.1. Robust growth in the construction industry
3.4.2. Industry pitfalls & challenges
3.4.2.1. Oscillating crude oil prices
3.4.2.2. Stringent environment regulations
3.5 Growth potential analysis
3.6 Porter's analysis
3.7 Company market share analysis, 2015
3.7.1. Strategic landscape
3.8 PESTEL analysis
3.9 Regional price trends
3.9.1. Cost structure analysis
Chapter 4 Wood Adhesives And Binders Industry Product Insights
4.1 Global wood adhesives and binders market share by product, 2015 & 2024
4.2 Urea-formaldede (UF)
4.2.1. Market estimates and forecast, 2013 - 2024
4.2.2. Market estimates and forecast, by region, 2013 – 2024
4.3 Melamine-urea-formaldehyde (MUF)
4.3.1. Market estimates and forecast, 2013 - 2024
4.3.2. Market estimates and forecast, by region, 2013 - 2024
4.4 Phenol-formaldehyde (PF)
4.4.1. Market estimates and forecast, 2013 - 2024
4.4.2. Market estimates and forecast, by region, 2013 – 2024
4.5 Isocyanates (MDI, TDI, HDI)
4.5.1. Market estimates and forecast, 2013 - 2024
4.5.2. Market estimates and forecast, by region, 2013 – 2024
4.6 Soy-based
4.6.1. Market estimates and forecast, 2013 - 2024
4.6.2. Market estimates and forecast, by region, 2013 – 2024
4.7 Others
4.7.1. Market estimates and forecast, 2013 - 2024
4.7.2. Market estimates and forecast, by region, 2013 – 2024
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The market is consolidated with five of the major giants having covered 40% of the overall market share in 2015. Ashland Inc., 3M Company, Henkel AG & Co. KGaA, Avery Dennison, H.B Fuller Company, BASF SE, Dow Chemical Company, and Huntsman Corporation are few of the notable participants in wood adhesives and binders market.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
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