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Wood Adhesives Market Latest Trends, Growth Outlook, Applications, Research Analysis And High CAGR Value During 2022-2026
Wood Adhesives Market
The regions covered in the wood adhesives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest wood adhesives share.
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The wood adhesives market consists of the sale of wood adhesives by the entities (organization, sole proprietor, and partnerships) that are utilized to bind wooden materials with each other or with diverse materials. Wood adhesives are polymeric compounds capable of reacting with the surface of the wood in such a way that stresses are passed between bonded parts, either physically or chemically, or both. Wood adhesives are commonly used to manufacture building materials such as plywood and other laminated veneer products, particleboard, oriented strand board, fiberboard, laminated beams and timbers, edge- and enjoined products, architectural doors, windows and frames, and fiberglass insulation.
Key competitors in the wood adhesives market are Henkel AG & Co., H.B. Fuller, 3M, Sika AG, The Dow Chemical Company, AkzoNobel N.V, Bostik, Pidilite Industries, Huntsman Corporation, Arkema.
The global wood adhesives market size is expected to grow from $4.40 billion in 2021 to $4.78 billion in 2022 at a compound annual growth rate (CAGR) of 8.6%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The wood adhesive market is expected to reach $5.92 billion in 2026 at a CAGR of 5.5%.
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TBRC’s report segments the global wood adhesives market:
1) By Product: Urea-Formaldehyde, Melamine Urea-Formaldehyde, Phenol-Formaldehyde, Isocyanates, Polyurethane, Polyvinyl Acetate, Soy-Based, Others
2) By Technology: Solvent Based, Water Based, Others
3) By Resin Type: Natural, Synthetic
4) By Application: Flooring and Decks, Plywood, Furniture, Cabinet, Windows and Doors, Others
Read Further On The Wood Adhesives Market Here:
https://www.thebusinessresearchcompany.com/report/wood-adhesives-global-market-report
The Table of Contents includes:
1. Executive Summary
2. Wood Adhesives Market Characteristics
3. Wood Adhesives Market Trends And Strategies
4. Impact Of COVID-19 On Wood Adhesives
5. Wood Adhesives Market Size And Growth
….
28. Key Mergers And Acquisitions In The Wood Adhesives Market
29. Wood Adhesives Market Future Outlook and Potential Analysis
30. Appendix
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