Press release
Wood Furniture Adhesive Market: Growth Driven by Sustainability, Innovation, and Rising Demand for Wood Furniture
Wood Furniture Adhesive Market
The global Wood Furniture Adhesive Market was valued at USD 4.42 billion in 2023 and is projected to grow to USD 6.2 billion by 2032, at a CAGR of 3.84% during the forecast period (2025-2032). This growth is driven by increasing disposable income, rising urbanization, and a growing preference for customizable and sustainable furniture solutions.
๐๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.wiseguyreports.com/sample-request?id=596855
๐๐๐ฒ ๐๐ซ๐๐ง๐๐ฌ
Sustainability Shift: Consumers are increasingly opting for eco-friendly adhesives, prompting manufacturers to develop products with low volatile organic compound (VOC) emissions and renewable materials.
DIY and E-Commerce Growth: The rise of online furniture sales and do-it-yourself (DIY) trends are providing new growth opportunities for wood furniture adhesives.
Technological Advancements: Continued innovation in adhesive formulations is enhancing the durability and performance of wood furniture adhesives, expanding their applications in various types of furniture.
๐๐๐ฒ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ
Rising Demand for Wood Furniture: The popularity of wood furniture, valued for its durability, aesthetic appeal, and environmental friendliness, is a significant driver of the market.
Technological Advancements: Innovation in adhesive formulations is leading to improved bonding strength, moisture and heat resistance, and better performance for furniture manufacturing.
Environmental Concerns: The growing consumer demand for eco-friendly products is prompting adhesive manufacturers to develop sustainable, low-VOC adhesives.
๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ฒ ๐๐ฒ๐ฉ๐:
Solvent-Based Adhesives: Dominated the market in 2024, accounting for over 32% of global revenue. They are known for their strong bonding strength and durability but are facing regulatory challenges due to environmental concerns.
Water-Based Adhesives: Expected to experience significant growth due to their eco-friendliness and versatility.
Hot Melt Adhesives: Widely used for automated furniture production due to fast setting times and strong bonds.
Veneer Glue & Contact Adhesives: Gaining traction for applications requiring quick bonding and aesthetic appeal in furniture assembly.
๐๐ฒ ๐๐๐ฌ๐ข๐ง ๐๐ฒ๐ฉ๐:
Polyurethane Adhesives: Held the largest share in 2023, offering high strength and durability for furniture applications.
Polyvinyl Acetate (PVAc): Commonly used in low-cost furniture manufacturing.
Epoxy, Cyanoacrylate, and Urea-Formaldehyde: Gaining popularity for specific applications requiring moisture resistance, fast curing times, and strength.
๐๐๐๐ค๐ ๐ ๐๐ข๐ซ๐๐๐ญ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐: https://www.wiseguyreports.com/checkout?currency=one_user-USD&report_id=596855
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง:
Furniture Assembly: The dominant application, driven by high demand for residential and commercial furniture.
Veneering, Laminating, Edge Banding: Significant contributors to market growth, providing durability and aesthetic appeal.
Repair & Restoration: Growing with the popularity of DIY projects and sustainable practices.
๐๐ฒ ๐๐ง๐-๐๐ฌ๐:
Residential Furniture: Dominated the market in 2023 and is expected to continue to grow with increasing demand for home furniture.
Office and Commercial Furniture: Expected to see steady growth due to rising demand for ergonomic and stylish furniture in offices and commercial spaces.
Automotive Interiors: Moderate growth driven by the increasing demand for wood-based materials in automotive interiors.
๐๐ฒ ๐๐๐ ๐ข๐จ๐ง:
North America: Led the market in 2023 and is expected to maintain dominance due to rising disposable income and population growth.
Europe: Strong market presence due to established furniture manufacturing industries and high-quality standards.
Asia-Pacific (APAC): Expected to exhibit the fastest growth, with expanding furniture industries in countries like China and India.
South America and MEA: Expected to contribute to growth, but their market share remains relatively smaller compared to North America and Europe.
๐ ๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ: https://www.wiseguyreports.com/reports/wood-furniture-adhesive-market
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Major players in the market, such as Henkel, 3M, H.B. Fuller, Sika, and Akzo Nobel, are actively innovating and focusing on eco-friendly solutions to meet consumer demand. Companies are also forming strategic partnerships and launching new products, like Henkel's acquisition of AkzoNobel's wood adhesives business and 3M's diverse portfolio of adhesive solutions.
๐๐๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ
Jowat's Jowapur 685.90 Adhesive: Specifically designed for edge banding applications.
Henkel's Acquisition of AkzoNobel's Wood Adhesives Business: Strengthening its foothold in the wood furniture adhesive market.
๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐ข๐ง ๐๐ก๐๐ฆ๐ข๐๐๐ฅ๐ฌ ๐๐ง๐ ๐๐๐ญ๐๐ซ๐ข๐๐ฅ๐ฌ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ
WISEGUY RESEARCH CONSULTANTS PVT LTD
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