Wood Adhesives Market 2017 - 2026
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“The global wood adhesives market is projected to grow at a CAGR of 3.10% from 2016 to 2026”
The global wood adhesives market is projected to reach USD 5.24 billion by 2026, at a CAGR of 3.10% from 2016 to 2026. Growth in this market is mainly attributed to the expansion of the construction industry, increasing urban population, recovery of the global economy, and growth in the furniture industry. However, the inclination of the furniture industry towards the adoption of fiberboard and metal for manufacturing home furniture is acting as a restraint to the growth of the global wood adhesives market.
“The furniture segment is the fastest-growing application segment of the global wood adhesives market”
The furniture application segment is projected to grow at the highest CAGR from 2016 to 2026 both, in terms of value and volume. The furniture industry comprises exterior and interior furniture such as tables, beds, chairs, cupboards, and other products. In addition, the construction of new houses and renovation & remodeling activities has also increased over the past few years. This has further increased the sales of new furniture as well as the repair & maintenance of old furniture, thereby propelling the growth of the global wood adhesives market.
Key Target Audience:
• Manufacturers of Wood Adhesives
• Raw Material Suppliers
• Traders, Distributors, and Suppliers of Wood Adhesives
• Government & Regional Agencies and Research Organizations
• Investment Research Firms
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Key Points From Table Of Content :
Industry Trends :
• Value Chain Analysis
• Porter’s Five Forces Analysis
• Intensity of Competitive Rivalry
• Bargaining Power of Buyers
• Bargaining Power of Suppliers
• Threat of Substitutes
• Threat of New Entrants
Company Profiles :
• Henkel AG & Co. KGaA
• M Company
• Sika AG
• H.B. Fuller
• Ashland Inc.
• Bostik SA
• Akzonobel N.V.
• The DOW Chemical Company
• Pidilite Industries
• Jubilant Industries
• List of Other Companies
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The report covers the global wood adhesives market and its application across different industry verticals and regions. It aims at estimating the market size and future growth potential of this market across different segments such as resin type, technology, application, and region. Furthermore, the report also includes an in-depth competitive analysis of key players in the market along with their company profiles, SWOT analysis, recent developments, and key market strategies.
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