What is the global market size of Wood Adhesives Market?

Wood Adhesives Market size was valued at USD 4.1 billion in 2021 and is poised to grow from USD 4.24 billion in 2022 to USD 5.54 billion by 2030, growing at a CAGR of 10% in the forecast period (2023-2030).

Top Wood Adhesives Companies

Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Wood Adhesives Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Wood Adhesives industry players.

Wood Adhesives Market Competitive Landscape

Companies are engaged in research and development activities to formulate adhesives with enhanced bonding performance, reduced environmental impact, and compliance with stringent regulations. Innovation is geared towards developing adhesives that offer improved durability, faster curing times, and compatibility with various wood types.

Top Players in Wood Adhesives Market

Henkel AG & Co. KGaA
3M Company
H.B. Fuller Company
Sika AG
Arkema Group
Dow Inc.
Ashland Global Holdings Inc.
Akzo Nobel N.V.
BASF SE
Huntsman Corporation
Avery Dennison Corporation
Pidilite Industries Ltd.
Franklin International
Jowat SE
Wacker Chemie AG

Wood Adhesives Market

Wood Adhesives Market Report Snapshots

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Wood Adhesives Market size was valued at USD 4.77 Billion in 2023 and is poised to grow from USD 5.05 Billion in 2024 to USD 7.99 Billion by 2032, growing at a CAGR of 5.9% during the forecast period (2025-2032).

The global wood adhesives market exhibits a competitive landscape with the presence of several key players striving to gain a strong market foothold. These companies focus on innovation, product differentiation, strategic collaborations, and expansions to maintain their competitiveness and capture market share. The market's dynamics are shaped by factors like technological advancements, environmental regulations, and consumer preferences for sustainable solutions. 'Henkel AG & Co. KGaA ', '3M Company ', 'H.B. Fuller Company ', 'Sika AG ', 'Arkema Group ', 'Dow Inc. ', 'Ashland Global Holdings Inc. ', 'Akzo Nobel N.V. ', 'BASF SE ', 'Huntsman Corporation ', 'Avery Dennison Corporation ', 'Pidilite Industries Ltd. ', 'Franklin International ', 'Jowat SE ', 'Wacker Chemie AG'

The expanding construction sector, driven by urbanization and infrastructure development, fuels the demand for wood adhesives in applications like furniture, flooring, and housing components.

Adhesive, also known as glue, mucilage, or paste, is any non-metallic substance applied to one or both surfaces of two items that bind them together and resist their separation. Wood adhesives are specially made to bind wooden substances.

Asia Pacific emerged as the dominant force in the market, capturing a revenue share surpassing 47% in 2022. This ascendancy can be attributed to the rapid surge in population across Asia Pacific countries, coupled with a robust demand for cost-effective housing solutions. Government initiatives promoting fundamental amenities like food and shelter have further catalyzed the expansion of the construction sector in this region. Notably, China holds significant economic importance due to its position as one of the world's largest wood-based panel producers. The well-established wood panel industry in the region, complemented by a consistent supply of wood products, is poised to provide an impetus to the growth of the wood adhesives market. Moreover, the pace of urbanization and industrialization is expected to fuel market growth throughout the forecast period.

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Top Wood Adhesives Companies

Wood Adhesives Market Competitive Landscape

Top Players in Wood Adhesives Market

Wood Adhesives Market

Wood Adhesives Market Report Snapshots

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What is the global market size of Wood Adhesives Market?

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