Wood Adhesives Market by Product (Urea-Formaldehyde (UF), by Technology (Solvent-Based, Water-Based, Others), by Application (Flooring, Furniture, Others), by North America (U.S., Canada, Mexico), by Europe (UK, Germany, France, Italy, Spain, Russia, Netherlands, Switzerland, Poland, Sweden, Belgium), by Asia Pacific (China, India, Japan, South Korea, Australia, Singapore, Malaysia, Indonesia, Thailand, Philippines, New Zealand), by Latin America (Brazil, Mexico, Argentina, Chile, Colombia, Peru), by MEA (UAE, Saudi Arabia, South Africa, Egypt, Turkey, Israel, Nigeria, Kenya) Forecast 2024-2032
The Wood Adhesives Market size was valued at USD 7.6 USD Billion in 2023 and is projected to reach USD 13.54 USD Billion by 2032, exhibiting a CAGR of 8.6 % during the forecast period. The growing demand for adhesives in the construction and furniture industries is a key driver of market growth. Wood adhesives are specific types of glue that are used in the joining of wooden surfaces. It has numerous uses, especially in the construction of furniture, cabinet making, carpentry, and general joining requirements that give strong and lasting joints. There are various types of wood adhesives which are available; these are polyvinyl acetate (PVA), epoxy, polyurethane, and urea-formaldehyde, depending on the requirements of the bonding and environmental situation. The major ingredients commonly used are the resins, the hardeners and the fillers through which the adhesive strength, the curing time and the resistance to water and temperature-varying conditions are determined. There are several advantages of using wood adhesives: increasing load bearing capacity, diminished or omitted use of mechanical fasteners, and enhanced appearance of wooden products. Current market studies present such trends as the gradual increase in the range of environmentally friendly adhesives with low VOC content, the constant improvement of adhesive materials in wood processing and construction industries.
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The comprehensive market report provides in-depth analysis of the following aspects:
Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 8.6% from 2018-2032 |
Segmentation |
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Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 8.6% from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
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