info@yvintelligence.com | +91-9458149365, +91-7666443274

Global Wood Adhesives and Binders Market Forecast to 2030 - COVID-19 Impact and Analysis by Product (Urea-Formaldehyde [UF], Melamine-Urea-Formaldehyde [MUF], Phenol-Formaldehyde [PF], Isocyanates, Soy-based, and Others); Application (Cabinets, Windows & Doors, Flooring, Furniture & Subcomponents, and Others); and Geography

  • Industry : Chemical & Materials
  • No. of Pages : 190
  • Report Code : YVCM10193

Global Wood Adhesives and Binders Market Introduction

Wood adhesives and binders are specialized chemicals that are used to bind wooden surfaces. These are widely used in making cabinets, furniture, windows, doors, and others. Additionally, wood adhesives and binders offer excellent and long-lasting bonds along with temperature resistance and chemical durability. Rising investment across construction industries and infrastructural development in emerging countries such as India, China, Brazil, South Korea, and others are propelling the growth of the wood adhesives and binders market. However, stringent regulations associated with volatile chemical compounds (VOCs) may hamper the global wood adhesives and binders market demand. Moreover, increasing population, rapid urbanization, increase in disposable income, and growing demand for eco-friendly and green furniture are further anticipating the demand for wood adhesives and binders during the forecast period 2021-2030.

Global Wood Adhesives and Binders Market Overview

The global wood adhesives and binders market provides an in-depth analysis of segments and sub-segments, region, and country analysis of the overall growth prospects in the market. The report offers a complete overview of the industry, including both qualitative and quantitative information. The wood adhesives and binders market report covers a complete analysis and provides market size and forecast estimation from the year 2017 to 2030 based on various segments and sub-segments with respect to four major regions, including North America, Europe, Asia-Pacific (APAC), Latin America & Middle East and Africa (LAMEA). The research report highlights underlying factors such as the drivers, restraints, opportunities, and trends of the global wood adhesives and binders market over the long as well as short period of time. Furthermore, the global wood adhesives and binders market report offers PEST analysis, NOISE analysis, improvement Venn diagram, brand recall, perceptual mapping, ecosystem/value chain analysis, Porter’s five forces analysis, and investment pocket analysis with respect to the market. By examining the data collected from primary and secondary methods, the report offers actionable insights into future growth based on inputs from industry experts to help readers formulate effective strategies. This information can help stakeholders to make appropriate decisions before investing.


Global Wood Adhesives and Binders Market Insights

The market study offers a complete overview of leading companies and their successful marketing strategies and market contribution, such as business overview, financial information, SWOT analysis, and key strategies, such as recent developments, market expansion, partnership, merger & acquisitions, product launch, product update, and other contexts. Players operating in the global wood adhesives and binders market mainly focus on the adoption of various strategies to expand their footprint across the world and take the initiative for the development of innovative, efficient, and advanced products.

Market Mapping

Market mapping or perceptual mapping is the graphical representation of where a brand, product, or service stands among competitors. Market mapping analysis helps to understand the client how their customers perceive their product offering with their competitors for the wood adhesives and binders market. By identifying their current products and competitor products on the market map, the business can fill an identified gap to compete with the competition actively.


COVID-19 Impact on Global Wood Adhesives and Binders Market

The COVID-19 pandemic has largely impacted globally since December 2019. According to the World Health Organization (WHO) report, the US, India, Russia, Brazil, Italy, France, Argentina, Spain, Colombia, the UK, Germany, and Mexico are some of the worst affected countries due to the COVID-19. The pandemic is hampering the growth of economies worldwide, and it is likely to continue in 2021. The outbreak disrupts various industries, such as manufacturing, construction, automotive, textiles, chemicals, cosmetics, tourism, hospitality, consumer goods, transportation, IT and telecom, pharmaceutical, and among others. This results in several obstacles in the supply chain of raw materials required for packaging, resulting in demand-supply gaps. This scenario is expected to have a large impact on the global wood adhesives and binders market.

With Corona Virus Disease 2019 (COVID-19) pandemic, the world is fighting against Covid-19 pandemic and also economic pandemic, almost impacting trillions of dollars of revenues. Our company brings a high-level insight as well as very deep insights relevant to several promising markets. The study will cover:

·        Rapid shifts in top 100 companies across each sector

·        Growth and decline in each sector due to the COVID-19 pandemic

Global Wood Adhesives and Binders Market Segmentation


Global Wood Adhesives and Binders Market – by Product

·        Urea-Formaldehyde [UF]

·        Melamine-Urea-Formaldehyde [MUF]

·        Phenol-Formaldehyde [PF]

·        Isocyanates

·        Soy-based

·        Others

Global Wood Adhesives and Binders Market – by Application

·        Cabinets

·        Windows & Doors

·        Flooring

·        Furniture & Subcomponents

·        Others

Global Wood Adhesives and Binders Market – by Region

·        North America

o   US

o   Canada

o   Mexico

·        Europe

o   Germany

o   France

o   Italy

o   UK

o   Russia

o   Spain

o   Netherlands

o   Rest of Europe

·        Asia-Pacific (APAC)

o   China

o   India

o   South Korea

o   Japan

o   Australia

o   Singapore

o   Rest of APAC

·        LAMEA

o   Latin America

o   Middle East

o   Africa

Key Players     

1.      3M Company

2.      Adhesives Research Inc.

3.      Akzo Nobel N.V.

4.      Ashland Inc.

5.      Avery Dennison Corporation

6.      BASF SE

7.      Bostik SA

8.      Dow Chemical Company

9.      Franklin Adhesives and Polymers

10.   H.B Fuller Company

11.   Henkel AG & Co. KGaA

12.   Huntsman Corporation

13.   Jubilant Industries Ltd.

14.   Pidilite Industries Ltd.

15.   Sika AG

Brand Recall

Brand awareness is the methodology by which customers are able to recall or recognize a brand (unaided/aided) under several different conditions with respect to the market. These strategies will help the company make people more aware of your brand, especially by targeting relevant, high-quality audiences for the wood adhesives and binders market.


Key Questions Answered

·        Which region provides more business opportunities for the global wood adhesives and binders market in the upcoming years?

·        Who is the leading overall wood adhesives and binders market, and what strategies have been adopted by them?

·        Which segment accounted for the largest wood adhesives and binders market share?

·        What are the upcoming trends in the global wood adhesives and binders market? What impact would these trends make in the coming years for the wood adhesives and binders market?

·        Which player offering the best product range for the global wood adhesives and binders market?

Key Benefits for Stakeholders

·        This study presents the analytical description of the wood adhesives and binders market analysis along with the current trends and future estimations to describe coming up investment pockets

·        The complete wood adhesives and binders market opportunity is resolute by knowing profitable trends to gain a stronger foothold

·        The report describes insights associated with key drivers, restraints, opportunities, and trends of the global wood adhesives and binders market with thorough impact analysis

·        The global wood adhesives and binders market is quantitatively analyzed from 2017 to 2030 to focus on the monetary ability

·        PEST analysis defines the potency of the consumers and suppliers in the global wood adhesives and binders market

·        Porter’s five forces analysis examines the five forces that make a competitive company while identifying its strength and weakness. The analysis will also identify competition, new entrants in the market, supplier power, buyer power, and threat of substitute products and services in the global wood adhesives and binders market

We offer customized reports as per the requirement of clients to fulfill special requirements. We also provide regional and country reports as well.


Purchase Options

SHARE THIS ON
PERSONALIZE THIS RESEARCH
Triangulate with your Own Data
Get Data as per your Format and Definition
Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
Any level of Personalization

Related Reports