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Wood Adhesives Market to Witness Huge Growth by Key Players: Henkel AG, Sika AG, The 3M Company, Arkema

10-06-2021 02:43 PM CET | Industry, Real Estate & Construction

Press release from: ReportsnReports

Global Wood Adhesives Market 2021-2026, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market. An exclusive data offered in this report is collected by research and industry experts team.

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The wood adhesives market exhibits high growth potential and is projected to reach a market size of USD 4.9 billion by 2026 from USD 4.1 billion in 2021, at a CAGR of 3.4 %. This report spread across 218 Pages, Profiling 10 Companies and Supported with 211 Tables and 53 figures are now available in this research.

The report provides a comprehensive analysis of company profiles listed below:
• Henkel AG ( Düsseldorf Germany)
• Sika AG(Baar Switzerland)
• The 3M Company(Saint Paul Minnesota United States)
• Arkema(Colombes France)

“Natural resin is the faster-growing segment of the market in terms of both volume (3.4%) and value (3.9%).”
Natural resin adhesives are gaining popularity due to the global trend of sustainable development and the continuous advancements in the field. The growth was halted due to the global pandemic, which caused the market to shut down and disrupted the supply chain. The shutdown caused the sales to go lower than in the pre-pandemic period.

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“Furniture market segment has the highest CAGR in terms of value (3.4%)”.
Furniture is one of the two market segments with the highest CAGR. The use of wood adhesives on wooden products increases their durability and gives good adhesion to the wooden substrate. Wood adhesives are extensively used in the manufacturing of furniture as they provide a strong bond and aesthetic appeal to the furnishing item. The growth of the wooden furniture industry will drive the wood adhesives market as they are directly related to each other.

Competitive Landscape of Wood Adhesives Market
1 Overview
2 Market Share Analysis
3 Market Ranking Analysis
4 Revenue Analysis
5 Company Evaluation Quadrant, 2020
5.1 Star
5.2 Emerging Leaders
5.3 Pervasive
5.4 Participants
6 Sme Matrix, 2020
6.1 Progressive Companies
6.2 Dynamic Companies
6.3 Starting Blocks
6.4 Responsive Companies
7 Strength Of Product Portfolio
8 Business Strategy Excellence
9 Competitive Scenario
9.1 Market Evaluation Framework
9.2 Market Evaluation Matrix
10 Strategic Developments
10.1 Deals
10.2 Others
10.3 New Product Launches

Reason to access this report:
From an insight perspective, this research report focuses on various levels of analyses — industry analysis (industry trends), market share analysis of top players, and company profiles, which together comprise and discuss the basic views on the competitive landscape; emerging and high-growth segments of the market; high growth regions; and market drivers, restraints, opportunities, and challenges.

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