市場調查報告書
商品編碼
1565736
全球工程木材黏合劑市場 2024-2031Global Engineered Wood Adhesives Market 2024-2031 |
工程木材黏合劑市場規模、佔有率及趨勢分析報告,按樹脂(三聚氰胺甲醛、苯酚間苯二酚甲醛、聚氨酯等)、按產品(交叉層壓木材(CLT)、膠合板、膠合板、定向塑合板(OSB )、中型板) ,密度纖維板(MDF)和層壓單板木材(LVL)),以及按應用(地板、家具、門窗和住房部件),預測期(2024-2031)
預計在預測期內(2024-2031 年),工程木材黏合劑市場將以 19.0% 的複合年成長率顯著成長。市場成長歸因於全球人造板製造量的增加、建築數量的增加以及翻新和翻新活動的增加,黏合劑大量用於人造板的生產,包括定向塑合板、膠合板和塑合板在全球範圍內推動市場的成長。
Engineered Wood Adhesives Market Size, Share & Trends Analysis Report by Resin (Melamine Formaldehyde, Phenol Resorcinol Formaldehyde, Polyurethane, and Others), by Product (Cross-laminated timber (CLT), Glulam, Plywood, Oriented Strand Board (OSB), Medium, Density Fiberboard (MDF) and Laminated Veneer Lumber (LVL)), and by Application (Flooring, Furniture, Doors & Windows and Housing Components), Forecast Period (2024-2031)
Engineered wood adhesives market is anticipated to grow at a significant CAGR of 19.0% during the forecast period (2024-2031). The market growth is attributed to the increasing manufacturing of engineered wood-based panels globally, the growing number of builds combined with growing refurbishment and renovation activities, adhesives in large quantities are used in the production of engineered wood panels, including oriented strand board, plywood, and particle board globally driving the growth of the market.
Market Dynamics
Growing Adoption of Wood-Based-Panel Adhesive
In the process of developing engineered wood-based panels such as plywood, particle board, oriented strand board, medium-density fiberboard, and high-density fiberboard, adhesives are the material of choice for binding wood strips, chips, fibers, strands, and veneers. The government's efforts to encourage residential building along with the growing population and fast urbanization are predicted to drive demand for wood-based panels that would in turn support the market's expansion. Wood-based panels could potentially be regarded as weak owing to their propensity to be light and low in density. While it is possible to strengthen lower-density panels like particle boards entirely, higher-density boards like MDF and plywood can also profit from local reinforcing using anchoring adhesive, which is frequently done to facilitate fastener applications.
Increasing Demand for Nanomaterial Adhesive
The use of nanocellulose in wood adhesives results in improvements to the adhesives' mechanical and performance attributes. The formation of chemical bonds in the adhesive system is essential to improving the characteristics further. The industry for wood-based products may potentially make use of a variety of easily accessible nanomaterials to improve the functionality of currently available products or to develop new, high-value forest products. The analysis focuses on current advancements in the industry's use of nanotechnology in wood-based products. There is an increasing demand to introduce sustainable and biodegradable nanomaterial adhesives to address growing environmental concerns.
Market Segmentation
Melamine Formaldehyde Engineered Wood Adhesives are Projected to Hold the Largest Segment
The melamine formaldehyde-engineered wood adhesives segment is expected to hold the largest share of the market. The primary factors supporting the growth include melamine formaldehyde (MF) has remarkable performance in engineered wood products. Considering its superior resistance to bases, acids, and solvents, it is the material of choice in chemically demanding situations. Furthermore, its capacity to give bonded structures mechanical strength is essential for preserving their integrity and longevity under physical strain. Controlled application of heat and pressure is necessary for manufacturing procedures employing metal fiber (MF) to enable efficient curing, which is essential to attaining the best possible bond strength and stability. For instance, Akzo Nobel N.V. offers AkzoNobel Melamine-Formaldehyde and Melamine-urea-formaldehyde systems are used in load-bearing constructions and in other applications where there is demand for high-durability glue lines.
Furniture Segment to Hold a Considerable Market Share
The furniture segment is expected to hold a considerable share of the market. Engineered wood adhesives are used in the assembly of furniture and cabinets, the manufacture of engineered wood products, and the construction of residential and commercial structures. Adhesives transfer and distribute loads between components, thereby increasing the strength and stiffness of wood products. Adhesives are used extensively in the furniture industry to ensure product safety and appropriateness as well as streamline the production process. Adhesive systems for furniture are used to fuse wood, metal, foam, cloth, and plastic together.
Global engineered wood adhesives market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia-Pacific), and the Rest of the World (the Middle East & Africa, and Latin America).
Growing Demand in Building and Furniture in Europe
Asia-Pacific Holds Major Market Share
Asia-Pacific holds a significant share owing to numerous prominent engineered wood adhesives companies and providers such as Alteco Chemical Pte Ltd., and Beijing Comens New Materials Co., Ltd., DIC Corp., in the region. The growth is mainly attributed to the increasing significant demand for cost-effective housing, and government initiatives to provide basic necessities like food and shelter have fueled the growth of the building sector in the region. The increasing demand for Engineered Wood Adhesives in China, Japan, and South Korea drives the growth of the market in the region. According to the Japan Adhesive Industry Association (JAIA), Sales volume and value by adhesive reached 610,828 tons and 219.2 billion JPY. Market players introducing new adhesive centers, and manufacturing locations in Asia, and market players extending their presence in the Asia-Pacific market. It also strengthens another strategic cornerstone in its dynamic research and development landscape, reaffirming the enterprise's position as an innovation in the industry. For instance, in March 2024, Jowat Opens the Modern Adhesive Center in China. Jowat inaugurates a new manufacturing location in China, underscoring its firm commitment to close customer contact around the globe and expanding its innovation capacities. The new facility of the adhesive manufacturer from Detmold is set to produce approximately 9,000 tons of tailor-made adhesives annually for the Asian market.
The major companies serving the engineered wood adhesives market include H.B. Fuller Company, Henkel AG & Co. KGaA, Jowat SE, Sika AG, and The Dow Chemical Co., among others. The market players are increasingly focusing on business expansion and product development by applying strategies such as collaborations, mergers and acquisitions to stay competitive in the market.
Recent Development