Wood Adhesives Market Growth Factors - Increasing Construction Activities, New Housing Projects, And Other Woodworking
Activities
“Global Wood Adhesives Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by
MarketResearch.biz. the global wood adhesives market is segmented on the basis of resin type, technology, application,
and region.Global Wood Adhesives Market: Overview
Wood adhesives has excellent bonding strength, chemical resistance, and weather resistant properties, and used to bond
timber, plywood, and other products to provide greater aesthetic appeal.Global Wood Adhesives Market: Dynamics
Increasing construction activities, new housing projects, and other woodworking activities, along with growth in
interiors and home furnishing are some of the major factors projected to fuel growth of the target market. In addition,
increasing consumer spending on home decor and furniture and growing demand for lightweight materials are some another
factors projected to drive growth of the target market. Moreover, shifting preference to greater aesthetic appeal and
increasing R activities to produce high performance and heat resistant wood adhesives are expected to create new opportunities for
growth of the global market over the forecast period. However, stringent environmental legislations regarding carbon
emissions may hamper demand for the products and restrain growth of the global market over the forecast period. For
instance, ARB (Air Resources Board) issued a document in the US for defining RACT (Reasonably Available Control
Technology) and Best Available Retrofit Control Technology (BARCT) to keep a check on the pollution caused by adhesive
and sealants application. In addition, environmental acts including Planning and Development Act 2000, Environmental
Protection Agency Act 1992, and Protection of the Environment Act 2003, and others for pollution prevention and control.
Latest trend observed in the market is that, demand for bio-based wood adhesives are increasing day-by-day. For example,
Soy-Based polyols, can be used in polyurethane adhesives formulation.
Get a Sample Copy Of Wood Adhesives Market Research Report Here: https://marketresearch.biz/report/wood-adhesives-market/request-sample/Global Wood Adhesives Market: Segment Analysis
Among the resin type segments, the synthetic resin segment is expected to account for significant revenue share in the
global market.
Among the technology segments, the solvent based segment is estimated to account for major revenue share, and is
expected to maintain its dominance over the forecast period.
Among the application segments, the furniture segment is expected to hold significant revenue share in the global market
over the forecast period.Global Wood Adhesives Market: Regional Analysis
The wood adhesives market in North America is expected to account for the major share in terms of revenue as compared to
other regions. This can be attributed to increasing construction activities, along with increasing interior remodeling
or renovation activities in countries in the region. Furthermore, Asia Pacific wood adhesives market is expected to
account for second-highest market share, owing to high construction spending on renovation & refurbishment activities and increasing focus towards green buildings in countries in the region. In addition, growing
urbanization, industrialization, increasing disposable income, and changing preferences of individuals in various
developing countries are some factors expected to trigger demand for wood adhesives. In addition, with superior
production techniques due to technological progress, coupled with development of non-hazardous and eco-friendly products
with the aim of reducing the overall wastage are expected to propel growth of the target market over the next 10 years.
Request Here For The Covid-19 Impact Study On Wood Adhesives Market: https://marketresearch.biz/report/wood-adhesives-market/covid-19-impact/Global Wood Adhesives Market Segmentation:Segmentation by Resin Type:Natural Resin Adhesives (Animal-based and Plant-based)Synthetic Resin Adhesives (Thermosetting Resin Adhesives, Thermoplastic Resin Adhesives, and Others)Segmentation by Technology:Solvent-BasedWater-BasedSolventlessSegmentation by Application:FurnitureCabinetPlywoodFlooring & DecksWindows & DoorsSegmentation by Region:North AmericaEuropeAsia PacificLatin AmericaMiddle East & AfricaKey Players:Henkel AG & Co. KGaA3M CompanySika AGB. FullerAshland Inc.Bostik SAAkzonobel N.V.The DOW Chemical CompanyPidilite Industries LimitedJubilant IndustriesTop Related Reports:
Automotive Adhesives And Sealants MarketAbout MarketResearch.biz:
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