Global Wood Adhesives Market
Chemicals

Wood Adhesives Market Growth Outlook: Trends, Market Size, and Opportunities Over the Next Decade

2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

What Industry-Specific Factors Are Fueling the Growth of theWood Adhesives Market?

An upward trend in consumer expenditure on luxury and home decor furniture is projected to propel the growth of the wood adhesives market. Wood adhesives, widely applied in wood joining processes, serve as an efficient solution in the assembly of home decor and wooden furniture items. Luxury furniture and home items retailer, RH, maintains its confidence that strong consumer spending will persist, despite significant supply chain hurdles. The company is keen on transitioning from merely selling curated items to conceiving and marketing overall settings. For example, as reported by Invest India, a national investment promotion and facilitation agency based in India, the Furniture market in India held a value of $23.12 billion in 2022. Moreover, it is expected to achieve a CAGR of 10.9% from 2023 to 2028, reaching $32.7 billion by 2026. Therefore, escalating consumer spending on luxury and home decor furniture is a key contributor to the expansion of the wood adhesives market.

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#How Does the ProjectedWood Adhesives Market Growth Compare Over the Forecast Period?

In recent times, there has been a notable expansion in the size of the wood adhesives market. This market is projected to increase from $5.45 billion in 2024 to approximately $5.81 billion in 2025, reflecting a compound annual growth rate (CAGR) of 6.6%. This growth during the historical period is largely due to factors such as the construction and furniture industries, developments in housing and infrastructure, consumer inclination towards wooden products, renovation and remodeling activities, as well as trends in global woodworking.

The market for wood adhesives is predicted to exhibit significant expansion in the upcoming years, escalating to a value of $7.82 billion by 2029 with a compound annual growth rate of 7.7%. Factors contributing to this predicted growth during the forecast period include the adoption of environmentally friendly methods, an increase in demand for engineered wood products, the rise in urbanisation and trends in interior design, emphasis on high-yield glues, and wooden flooring practices. Notable trends set to emerge during this forecast period are the mounting use of hot-melt adhesives, escalating significance of digital printing in wood panels, heightened emphasis on fire-resistant glues in construction, their use in prefabricated and modular building, alongside collaborative efforts towards research and innovation.

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What Key Market Trends and Innovations Are Shaping the Future of theWood Adhesives Industry?

Major firms involved in the wood adhesives market are making strategic investments aimed at improving product performance, augmenting sustainability, and answering the growing call for eco-friendly products. These strategic efforts are centered on the creation of progressive adhesive formulations like bio-based and formaldehyde-free adhesives, in order to coincide with environmental guidelines and customer tendencies. For example, in May 2023, Henkel, a chemical and consumer goods organization based in Germany, inaugurated a new Technology Center located in Bridgewater, New Jersey. Its objective is to stimulate collaboration with partners and exhibit advancements in the field of adhesives, sealants, and coatings. Such a step is an element of Henkel’s growth and sustainability strategy in the wood adhesives industry, utilizing advanced technologies to accommodate changing market needs.

Which Companies Are Leading the Charge in Expanding theWood Adhesives Market Growth?

Major companies operating in the wood adhesives market include The Dow Chemical Company, 3M Company, BASF SE, Henkel AG & Co, Arkema SA, AkzoNobel N.V, Sika AG, Avery Dennison Corporation, ITW Devcon Inc., Bostik SA, Aica Kogyo Company Limited, Huntsman Corporation, Jowat SE, Pidilite Industries Ltd., LORD Corporation, Jubilant Industries Ltd., Beardow Adams Ltd., Dymax Corporation, Chemence Inc., Adhesives Research Inc., AJ Adhesives Inc., W.F. Taylor, Surebonder, Permabond LLC, L.D. Davis Industries Inc., RPM International Inc., Master Bond Inc., Cattie Adhesives, Collano Adhesives AG, DAP Products Inc., Franklin Adhesives & Polymers, Ashland Global Holdings Inc., Chemique Adhesives Inc., Eastman Chemical Company

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How is the Global Wood Adhesives Market Segemented?

The wood adhesives market covered in this report is segmented –

1) By Product: Urea-Formaldehyde, Melamine Urea-Formaldehyde, Phenol-Formaldehyde, Isocyanates, Polyurethane, Polyvinyl Acetate, Soy-Based, Other Products

2) By Technology: Solvent Based, Water Based, Other Technologies

3) By Resin Type: Natural, Synthetic

4) By Application: Flooring And Decks, Plywood, Furniture, Cabinet, Windows And Doors, Other Applications

Subsegments:

1) By Urea-Formaldehyde: Liquid Urea-Formaldehyde, Powdered Urea-Formaldehyde, Melamine Urea-Formaldehyde

2) By Melamine Urea-Formaldehyde: Liquid Melamine Urea-Formaldehyde, Powdered Melamine Urea-Formaldehyde

3) By Phenol-Formaldehyde: Liquid Phenol-Formaldehyde, Powdered Phenol-Formaldehyde

4) By Isocyanates: Aromatic Isocyanates, Aliphatic Isocyanates

5) By Polyurethane: Flexible Polyurethane, Rigid Polyurethane

6) By Polyvinyl Acetate: Emulsion-Based Polyvinyl Acetate, Solvent-Based Polyvinyl Acetate

7) By Soy-Based: Soy Protein Adhesives, Soy Flour-Based Adhesives

8) By Other Products: Casein-Based Adhesives, Animal-Based Adhesives, Bio-Based Adhesives

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Which Geographics are Influencing the Growth of the Wood Adhesives Market?

Asia-Pacific was the largest region in the wood adhesives market in 2024. Asia-Pacific is expected to be the fastest-growing region in the wood adhesives market report during the forecast period. The regions covered in the wood adhesives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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