Global Wood Adhesives And Binders Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Urea-Formaldede (UF), Melamine-Urea-Formaldehyde (MUF), Phenol-Formaldehyde (PF), Isocyanates (MDI, TDI, HDI), Soy-Based, and Others.

By Application;

Cabinets, Flooring & Plywood, Furniture & Subcomponents, Windows & Doors, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn834820546 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Wood Adhesives And Binders Market (USD Million), 2021 - 2031

In the year 2024, the Global Wood Adhesives And Binders Market was valued at USD 19,108.12 million. The size of this market is expected to increase to USD 26,003.51 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.5%.

The global wood adhesives and binders market is a pivotal sector within the broader adhesive and sealant industry, serving a diverse range of applications from furniture and cabinetry to flooring and construction. This market encompasses various types of adhesives and binders designed specifically for bonding wood materials, including polyurethane, polyvinyl acetate (PVA), and epoxy resins. These products are integral to the wood processing industry, offering solutions that ensure durability, strength, and aesthetic appeal in wooden products.

In recent years, the wood adhesives and binders market has experienced robust growth driven by the rising demand for residential and commercial construction. Factors such as increased urbanization, a growing emphasis on sustainable building practices, and the expansion of the global furniture market have spurred this growth. Additionally, the trend towards eco-friendly and low-VOC (volatile organic compounds) adhesives is shaping the market, as consumers and manufacturers alike seek greener alternatives that minimize environmental impact.

Technological advancements and innovations in adhesive formulations have also played a significant role in the market's evolution. The development of high-performance adhesives that offer improved bonding strength, faster curing times, and resistance to environmental factors has enhanced the capabilities and applications of wood adhesives. This includes the introduction of advanced water-based and non-toxic adhesives that cater to health and safety concerns, further driving market expansion.

Geographically, the market is witnessing varied growth patterns, with emerging economies in Asia-Pacific leading the charge due to rapid industrialization and urban development. North America and Europe continue to be significant markets, bolstered by their well-established infrastructure and high standards for building materials. As the global wood adhesives and binders market continues to evolve, it will be influenced by factors such as regulatory changes, shifts in consumer preferences, and advancements in adhesive technologies.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Wood Adhesives And Binders Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increased Construction Activity
        2. Rising Demand for Durable Products
        3. Technological Advancements
      2. Restraints
        1. High Raw Material Costs
        2. Stringent Environmental Regulations
        3. Volatile Market Prices
      3. Opportunities
        1. Emerging Markets Growth
        2. Innovations in Adhesive Technologies
        3. Expansion in Automotive Sector

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Compititive Rivalry
  5. Market Segmentation
    1. Global Wood Adhesives And Binders Market, By Product, 2021 - 2031 (USD Million)
      1. Urea-formaldede (UF)
      2. Melamine-urea-formaldehyde (MUF)
      3. Phenol-formaldehyde (PF)
      4. Isocyanates (MDI, TDI, HDI)
      5. Soy-based
      6. Others
    2. Global Wood Adhesives And Binders Market, By Application, 2021 - 2031 (USD Million)
      1. Cabinets
      2. Flooring & plywood
      3. Furniture & subcomponents
      4. Windows & doors
      5. Others
    3. Global Wood Adhesives And Binders Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. 3M Company
      2. Ashland Inc.
      3. H.B Fuller Company
      4. Henkel AG & Co. KGaA
      5. BASF SE
      6. Huntsman Corporation
      7. Avery Dennison Corporation
      8. Adhesives Research Inc.
      9. Dow Chemical Company
      10. Bostik SA
  7. Analyst Views
  8. Future Outlook of the Market