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The Timber Laminating Adhesives Market was worth USD 949.58 million in 2023 and is anticipated to touch USD 1687.89 million by 2032 with CAGR of 6.60% over the period 2024-2032.
Adhesives for laminating wood are used a lot in the building and construction business. Adhesives for laminating wood are used to make glue laminated timber (glulam) and cross laminated timber (CLT), which come in the form of straight laminated beams, wall beams, curved laminated beams, and I-beams. The main job of lamination glues is to hold together many layers of beams. Compared to solid wood of the same thickness, the beams can be used to make structures that are both lighter and stronger. The global market for wood laminating adhesives is growing because more new buildings are being built and more people are moving to cities.
Drivers:
Increasing use in places other than homes
Restraints:
Changes in the prices of raw materials
Opportunity:
Demand for glues with low VOC
Challenge:
Tight rules and regulations
COVID-19 has had a big effect on many financial and industrial fields, like travel and tourism, manufacturing, and aviation. As more and more countries put and extend lockdowns, economic activities are going down, which hurts the world economy.
Due to factory shutdowns and quarantine measures, businesses are losing money and having trouble with their supply chains. The fast recovery in 2022 caused more people to use more natural gas, which in turn caused prices for natural gas and coal to go up. This hurt economies in Europe, the Asia-Pacific region, and South America.
By Resin Type:
Melamine (Urea) Formaldehyde Adhesives (MF & MUF)
Phenol Resorcinol Formaldehyde (PRF) Adhesives
Polyurethane
Emulsion Polymer Isocyanate (EPI) Adhesives
Others
By Application:
Floor Beams
Roof Beams
Window and Door Headers
Trusses and Supporting Columns
Others
By End-use Industry:
Residential
Non-residential
The report gives a thorough look at the industry, with both qualitative and quantitative data. It gives an overview and forecast of the global market for adhesives used to glue wood together. It also gives market size and forecast estimates from 2024 to 2032 for five major regions: North America, Europe, Middle East and Africa (MEA), Asia-Pacific (APAC), and South America. The market for timber laminating adhesives is broken down by region and then by country and segment. The report looks at and makes predictions for 18 countries around the world. It also talks about the current trend and opportunities in the region.
The report looks at factors that affect both the demand for and supply of wood laminating adhesives. It also looks at the drivers, restraints, opportunities, and future trends that will affect the market over the next few years. After looking at the political, economic, social, and technological factors that affect the timber laminating adhesives market in North America, Europe, APAC, MEA, and South America, the report also gives an in-depth PEST analysis for all five regions.
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REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
The 3M company, Collano AG, Akzo Nobel N. V., Pidilite Industries , Sika AG, Arkema, Pidilite Industries, Ashland inc., Jowat SE, Pidilite Industries, Dow Inc, and other players.
Report Attributes | Details |
---|---|
Market Size in 2023 | US$ 949.58 Million |
Market Size by 2032 | US$ 1687.89 Million |
CAGR | CAGR of 8.50% From 2024 to 2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Data | 2020-2022 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Resin Type (Melamine (Urea) Formaldehyde Adhesives (MF & MUF), Phenol Resorcinol Formaldehyde (PRF) Adhesives, Polyurethane, Emulsion Polymer Isocyanate (EPI) Adhesives, Others) • By Application (Floor Beams, Roof Beams, Window and Door Headers, Trusses and Supporting Columns, Others) • By End-use Industry (Residential, Non-residential |
Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
Company Profiles | 3M company, Collano AG, Akzo Nobel N. V., Pidilite Industries , Sika AG, Arkema, Pidilite Industries, Ashland inc., Jowat SE, Pidilite Industries, Dow Inc, and other players. |
DRIVERS | • Increasing use in places other than homes |
Restraints | • Changes in the prices of raw materials |
Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.
Ans: COVID-19 has had a big effect on many financial and industrial fields, like travel and tourism, manufacturing, and aviation. As more and more countries put and extend lockdowns, economic activities are going down, which hurts the world economy.
Due to factory shutdowns and quarantine measures, businesses are losing money and having trouble with their supply chains. The fast recovery in 2021 caused more people to use more natural gas, which in turn caused prices for natural gas and coal to go up. This hurt economies in Europe, the Asia-Pacific region, and South America.
Ans: Demand for glues with low VOC are the opportunity for Timber Laminating Adhesives Market.
Ans: Increasing use in places other than homes are the drivers for Timber Laminating Adhesives Market.
Ans: The Timber Laminating Adhesives Market was worth USD 949.58 million in 2023 and is anticipated to touch USD 1687.89 million by 2032 with CAGR of 6.60% over the period 2024-2032.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8.Timber Laminating Adhesives Market Segment, By Resin Type
8.1 Melamine (Urea) Formaldehyde Adhesives (MF & MUF)
8.2 Phenol Resorcinol Formaldehyde (PRF) Adhesives
8.3 Polyurethane
8.4 Emulsion Polymer Isocyanate (EPI) Adhesives
8.5 Others
9.Timber Laminating Adhesives Market Segment, By Application
9.1 Floor Beams
9.2 Roof Beams
9.3 Window and Door Headers
9.4 Trusses and Supporting Columns
9.5 Others
10.Timber Laminating Adhesives Market Segment, By End-use Industry
10.1 Residential
10.2 Non-residential
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 USA
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 France
11.3.4 Italy
11.3.5 Spain
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4 Asia-Pacific
11.4.1 Japan
11.4.2 South Korea
11.4.3 China
11.4.4 India
11.4.5 Australia
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.1 Israel
11.5.2 UAE
11.5.3 South Africa
11.5.4 Rest
11.6 Latin America
11.6.1 Brazil
11.6.2 Argentina
11.6.3 Rest of Latin America
12. Company Profile
12.1 The 3M company
12.1.1 Financial
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 Collano AG
12.3 Akzo Nobel N. V.
12.4 Pidilite Industries
12.5 Sika AG
12.6 Arkema
12.7 Pidilite Industries
12.8 Ashland inc.
12.9 Jowat SE
12.10 Pidilite Industries
12.11 Dow Inc.
13. Competitive Landscape
13.1 Competitive Benchmark
13.2 Market Share analysis
13.3 Recent Developments
14. Conclusion
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