openPR Logo
Press release

Wood Adhesives Market worth $4.9 billion by 2026 | Key players Henkel AG (Germany), The 3M Company (US), Sika AG (Switzerland), HB. Fuller (US), Arkema (France).

11-23-2023 01:35 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MarketsandMarkets

Wood Adhesives Market, Wood Adhesives, Adhesives, Adhesives Market, Adhesive, Wood Market

Wood Adhesives Market, Wood Adhesives, Adhesives, Adhesives Market, Adhesive, Wood Market

According to recent market research the "Wood Adhesives Market by Resin Type (Natural, and Synthetic), Technology (Solvent-Based, Water-Based, Solventless), Application (Flooring & Deck, Plywood, Furniture, Cabinet, Particle Board, Window & Door), and Region - Global Forecast to 2026", The wood adhesives market is projected to grow from USD 4.1 Billion in 2021 to USD 4.9 Billion by 2026, at a CAGR of 3.4% between 2021 and 2026. The applications of wood adhesives are increasing due to different requirements by manufacturers, such as bonding dissimilar materials, the substitution of traditional materials by synthetic substrates, and increasing focus on environmental concerns. From an engineering and design perspective, adhesives are valued because of their ability to bond dissimilar substrates and distribute stress over a wide area.

Browse 211 market data Tables and 53 Figures spread through 218 Pages and in-depth TOC on "Wood Adhesives Market - Global Forecast to 2026"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/wood-adhesives-market-77758472.html

Natural resin-based adhesives have high molecular weight and are biocompatible. The ingredients used in natural resins are biodegradable. They offer notable performances in bonding and have potential applications in industrial as well as commercial high-tech applications. The focus of R&D needs to be on advancements in biotechnology to utilize bio-based resources in a better way.

Natural resin-based adhesives are gaining popularity due to the global trend of sustainable development and the continuous advancements in the field of natural resin-based adhesives. However, the growth was halted due to the COVID-19 pandemic, which caused the market to shut down and disrupted the supply chain. The shutdown caused the sales to go lower than that in the pre-pandemic period.

The growing awareness toward environment-friendly and sustainable solutions is giving a boost to water-based adhesives. There is a strong movement to replace solvents and solvent-based adhesives in North America and Europe to minimize VOC emissions. This has led to demand growth for water-based adhesives. Water-based solvents have the upper hand on solvent-based adhesives as they are more eco-friendly and less costly. APAC is the largest market with the highest growth rate, and the trend will be followed during the forecast period. The new regulations around solvents used in the adhesive market will also support the growth of water-based adhesives.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=77758472

The furniture market considered in this report includes wooden tables, chairs, sets, desks, beds, and other furnishing items made of wood. The furniture industry is a dynamic one. It is labor-intensive and dominated mostly by unorganized players; this is mainly due to the presence of a large number of small and medium-sized companies operating in local markets. The manufacturing and supply chain were severely affected due to the pandemic all over the world. The market is showing steady and slow growth.

Asia Pacific is the largest and fastest-growing market for wood adhesives in terms of both value and volume. The growing demand from China and India is responsible for the rapid growth of the wood adhesives market in the region.
The Asia Pacific region accounted for XX% of the global wood adhesives market in 2020 in terms of value. Factors such as huge and increasingly addressable population base and rapid urbanization are the reasons for growth in the region.
The key players profiled in the wood adhesives market report are Henkel AG (Germany), The 3M Company (US), Sika AG (Switzerland), HB. Fuller (US), Arkema (France).

For more Details Speak to Our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=77758472

Henkel is among the leading companies. The company operates globally with a well-balanced and diversified portfolio. It caters to both industrial and consumer markets in all three sectors. Henkel Adhesive Technologies deals in adhesives, sealants, and functional coatings. Henkel has a diversified portfolio for industrial, consumers and craftsmen. PURBOND and DORUS offer wood adhesives under the adhesive technologies segment. Henkel has operations in Europe, the Middle East & Africa, North America, Latin America, and APAC. It operates 138 production sites in 58 countries globally.

3M operates in four business segments: safety & industrial, transportation & electronics, healthcare, and consumer. In these segments, 3M offers a variety of products including adhesives, bonding materials, coatings, and specialty materials. The company produces a variety of adhesives for all its business segments. It manufactures wood adhesives for varied applications through its industrial and consumer segments.

Contact:

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Press Release: https://www.marketsandmarkets.com/PressReleases/wood-adhesives.asp
Research Insights: https://www.marketsandmarkets.com/ResearchInsight/wood-adhesives-market.asp

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

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 Market worth $4.9 billion by 2026 | Key players Henkel AG (Germany), The 3M Company (US), Sika AG (Switzerland), HB. Fuller (US), Arkema (France). here

News-ID: 3300177 • Views:

More Releases from MarketsandMarkets

Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your Revenue
Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your R …
The global laser interferometer market is expected to be valued at 315 million in 2024 and is projected to reach USD 447 million by 2029, at a CAGR of 7.2% from 2024 to 2029. Emerging applications in industries push the market's growth due to the growing demand for precision in the manufacturing sector. However, challenges such as higher initial investments and maintenance costs cause problems. Despite these, opportunities arise for
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to Surpass USD 36.7 billion
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to …
The battery testing, inspection, and certification market is projected to reach USD 36.7 billion by 2029 from USD 14.9 billion in 2024 at a CAGR of 19.6% during the forecast period. Increasing adoption of EVs and energy storage systems, rising enforcement of stringent standards to ensure battery safety, thriving portable electronics industry, and rapid advances in battery technology are the major factors contributing to the market growth. Download PDF Brochure @
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMarkets
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMar …
The global RTLS market for healthcare is projected to grow from USD 2.3 billion in 2024 to USD 5.7 billion by 2029, at a compound annual growth rate of 19.6% from 2024 to 2029. As it attracts more and more players who enter this market with innovative RTLS features for customers, the market for RTLS technology is rapidly increasing. Top companies in this market focus on healthcare, retail, and manufacturing
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2030 | Leading key players are ABB, Schneider Electric, Eaton, Vertiv
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2 …
According to a research report "Offsite Data Center Power Infrastructure Market by Component (Solutions and Services), Vertical (BFSI, Media & Entertainment, Government & Defence, Healthcare, Manufacturing, IT & Telecom, Retail) and Region - Global Forecast to 2030" published by MarketsandMarkets, the market size for global offsite data center power infrastructure market is projected to reach approximately USD 35.4 billion by the year 2030, as compared to the estimated value of

All 5 Releases


More Releases for Adhesive

Shaping the Flock Adhesive Market in 2025: Innovative Adhesive Tape Solutions Dr …
How Is the Chondroplasty Market Projected to Grow, and What Is Its Market Size? The chondroplasty market has seen strong growth in recent years. It will increase from $13.77 billion in 2024 to $14.68 billion in 2025 at a CAGR of 6.5%. This growth is attributed to the rise in sports-related injuries, patient preference for non-total joint replacement procedures, advances in postoperative care, healthcare provider training, and an increasing incidence of
Bio-Based Hot Melt Adhesive Market Insights: Redefining Adhesive Solutions
According to the report published by Virtue Market Research, in 2022, the Global Bio-Based Hot Melt Adhesive Market was valued at $10.15 billion, and is projected to reach a market size of $15 billion by 2030. Over the forecast period of 2023-2030, market is projected to grow at a CAGR of 4.5%. Read More @ https://virtuemarketresearch.com/report/bio-based-hot-melt-adhesive-market The Bio-Based Hot Melt Adhesive market is a realm of innovation and sustainability, marked by enduring
Iron Supplement Market Product Type (2-Octyl Cyanoacrylate Adhesive, N-Butyl Cya …
Iron is one of the most important nutritional requirements of the human body as it plays an important role in managing many vital biological processes. Growing health concerns among consumers and widening applications of iron supplements are among the major growth drivers for iron supplements demand. Download Sample PDF at https://www.theinsightpartners.com/sample/TIPRE00021200/?utm_source=OpenPR&utm_medium=10379 Key Players Analysis: • Nature Made • Nature's Bounty • Solgar • Rainbow Light • NOW Foods • Amway • Garden of Life • Spring Valley • GNC • Fergon The report covers key developments in the Iron Supplement Market as
Lens bonding adhesive solutions from DeepMaterial optical bonding adhesive manuf …
Lens bonding adhesive solutions from DeepMaterial optical bonding adhesive manufacturers Today, gadgets are changing incredibly. This calls for the best bonding option and the elimination of mechanical fasteners. The introduction of adhesives has made it possible to achieve lightweight gadgets that have made our lives even better. In camera modules, there is a need for lens-bonding adhesives. The lens is an important camera component, and it is needed for the proper functioning
Cyanoacrylate Adhesive Market Outlook to 2026 - 3M, AdCo, Adhesive Technologies
The Cyanoacrylate Adhesive Market report includes overview, which interprets value chain structure, industrial environment, regional analysis, applications, market size, and forecast. The report provides an overall analysis of the market based on types, applications, regions, and for the forecast period from 2020 to 2026. It also offers investment opportunities and probable threats in the market based on an intelligent analysis. This report focuses on the Global Cyanoacrylate Adhesive Market trends, future
Adhesive Equipments Market by Product Type (Adhesive Pump Systems, Adhesive Melt …
GLOBAL ADHESIVE EQUIPMENTS MARKET was valued at USD 30.56 Billion in the year 2017. Global Adhesive Equipment Market is further estimated to grow at a CAGR of 5.13% from 2018 to reach USD 41.26 Billion by the year 2023. Asia-Pacific region holds the highest market share in 2017 and also considered as the fastest growing market in the forecasted period. At a country level, developed markets like China holds the