The report provides a transparent image of this Wood Adhesives And Binders Market situation and therefore the expected way forward for the trade. The report focuses on the premise of market drivers, restraints, growth, trends, and forecast for the period of 2018-2025. Additionally, the report conjointly maps the market performance by price chain analysis which can facilitate in higher product differentiation beside the analysis of every phase in terms of size, share, market attractiveness index and rate of growth.
Wood adhesives and binders are basically used to firmly bind wooden planks and surfaces used for commercial and residential applications. These materials are widely used in several end-user applications which include furniture, cabinets, doors, floorings and other applications. Wood adhesives and binders are cost effective, resistant to microorganisms, durable and temperature resistant.
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Global wood adhesives and binders market is analyzed on the basis of its products and applications. Applications bifurcate global wood adhesives market into furniture & subcomponents, windows & doors, cabinets, flooring & plywood and others (including do-it-yourself consumer products and crafts). Further, global wood adhesives and binders market is segmented based on products into phenol-formaldehyde (PF), isocyanates (MDI, TDI, HDI), soy based, urea-formaldehyde (UF), melamine-urea-formaldehyde (MUF) and others (including polyurethane, epoxy, silicone, polyvinyl acetate (PVAC) and ethyl vinyl acetate (EVA).
North America will witness highest growth over the forecast owing to its market maturity. Asia Pacific and Europe are regions with fast market growth. Middle East & Africa and Latin America will show steady growth over the forecast period. Key players in global wood adhesives and binders market are Huntsman Corporation, the Dow Chemical Company, Adhesive Research Inc., Avery Dennison Corporation, Ashland, Inc., 3M Company, HB Fuller, Henkel AG, BASF SE and Bostik SA.
High demand from construction industry coupled with new trends in home furnishings and their increased demand together fuel the growth of this market. Rise in demand for modern furniture and wooden floorings further augment the growth of this market. Durability and cost effectiveness of wood adhesives and binders are imperative features empowering the growth of this market. Environmental concerns associated with wood adhesives and binders are expected to restrain the growth of this market.
Table Of Contents – Overview
4.Wood Adhesives And Binders Market Analysis By Type
5.Wood Adhesives And Binders Market Analysis By Application
6.Wood Adhesives And Binders Market Analysis By Geography
7.Competitive Landscape Of The Wood Adhesives And Binders Companies
8.Company Profiles Of The Wood Adhesives And Binders Industry
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