Wood Adhesives and Binders Marketembed
Global wood adhesives & binders market size is estimated to reach US$ 21.12 billion by 2021, exhibiting a CAGR of 4.54% during the forecast period (2019-2027).
Wood Adhesives and Binders Market Size, Share Till 2027 Adhesives are bonding materials that find applications in various industries such as packaging, construction, furniture, footwear, and automotive. Wood binders and adhesives are specialized chemicals that efficiently bind wooden surfaces. They are developed in such a way that they can bind wood-based non-structural and structural surfaces effectively. Construction, packaging, and furniture are the major end user of wood adhesives and binders. Adhesives today used in various industries produced from various fossil-derived resources including formaldehyde, melamine, urea, vinyl acetate, and isocyanate. Furthermore, soy-based adhesives and binders have gained popularity among various industries, due to increasing price of crude oil. Moreover, wood adhesives and binders are predominantly used to manufacture doors, windows, wooden cabinet, and wooden furniture. Request For Sample Copy of this Research Report : https://www.coherentmarketinsights.com/insight/request-sample/2910 Market Regional Analysis Asia Pacific is expected to be the fastest growing market and is expected to account for significant market share in global wood adhesives & binders market during the forecast period. This is owing to increasing infrastructure and construction activities in emerging economies such as India and China. Rising population in these countries is increasing the demand for residential projects, which is subsequently supporting the market growth. North America is also expected to witness significant growth during the forecast period. Market Players Key players operating in the global wood adhesives & binders market include Huntsman Corporation, Henkel AG & Co. KGaA, BASF SE, Franklin Adhesives and Polymers, 3M Company, and Ashland Inc. For More Information: http://bit.ly/2LUjRzT About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us: Mr. Shah Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154 Tel: +1-206-701-6702 Email: [email protected]