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Wood Adhesives and Binders Market

Wood Adhesives and Binders Market (Product - Urea-formaldehyde, Melamine-urea-formaldehyde, Phenol-formaldehyde, Isocyanates, and Soy-based; Application - Cabinets, Flooring and Plywood, Furniture and Subcomponents, and Windows and Doors) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020

Global Wood adhesives and Binders Market: Snapshot

Owing to the vast number of uses that wood adhesives and binders provide with regard to adhesives, the wood adhesives and binders market is anticipated to have major growth rates in the years to come. Because of the rising trend of using wooden furniture that adds class to the standard of living, wood adhesives and bindings are likely to grow rapidly. Where wood adhesives bond or adhere to surfaces made of wood, binders draws or holds the materials together forming a cohesive whole.

A number of industrial applications like doors, flooring, cabinets, windows and furniture, widely use binders for various purposes. The excellent and long lasting bond that both binders and wood adhesives offers along with temperature resistance and chemical durability may be among the key factors to increase the demand for wood adhesives and binders market in the forecast period.

Wood adhesives are available in both synthetic and natural varieties. Manufacturers are putting more focus on the production of new product varieties with low content of volatile organic compounds (VOCs). The production of VOCs have increased considerably in order to promote environment protection by the use of less harmful chemicals. The regulatory authorities have also laid down stringent rules against the use of harmful chemicals. This in turn has increased the overall demand for wood adhesives and binders in the global market.

The global wood adhesive and binders market is presumed to be worth US$17.77 bn by 2020 with an impressive CAGR.

Furniture Construction Contributing More Revenue Generation Owing to Population Rise

Based on segmentation by product, the global wood adhesives and binders market is categorized into Isocyanates, Urea-formaldehyde, Soy-based, Melamine-urea-formaldehyde, and Phenol-formaldehyde wood adhesives and binders.

On the basis of application, the global wood adhesives and binders market is segmented into Flooring and plywood, Furniture and subcomponents, Cabinet, and Windows and doors applications. The use of wood adhesives and binders is widely seen in construction and furniture industries. The construction market is estimated to increase during the forecast period, hence boosting the demand for wood adhesives and binders.

Asia Pacific to Lead Market With Increasing Construction in Developing Nations

The global wood adhesives and binders market is studied on the basis of key geographies Europe, Asia Pacific, North America and The Rest of the World. Due to the growing population in developing nations, there is requirement for residential facilities. This is turn propels the infrastructure and construction market, which is likely to boost further demand for wood adhesives and binders market. Among the regions, Asia Pacific is anticipated to be growing significantly due to the presence of developing countries like China, Japan and India in the years to come.

Some of the key players in the global wood adhesives and binders market are Dow Chemical Company, Huntsman Corporation, 3M Company, and Avery Dennison Corporation. To further fuel the demand for wood adhesives and binders in developing regions, manufacturing companies and interior designers are introducing new type of furniture into the market to attract consumer’s attention for home as well as office decorations like space saving loft beds, accent chairs, kitchen bar stools, outdoor chairs for patio and garden, and sculpture chairs that also acts as artistic center pieces. These various options not only attract consumers and inspire them to have a better lifestyle but also proves to be beneficiary for both construction and furniture market all at once.

    Chapter 1 Preface

    1.1 Report description

    1.2 Market segmentation

    1.3 Research scope and assumptions

          1.3.1 Research scope

          1.3.2 Assumptions

    1.4 Research methodology

    Chapter 2 Executive Summary

    2.1 Global wood adhesives and binders market, 2013 – 2020 (Kilo Tons) (USD Million)

          2.1.1 Global wood adhesives and binders market snapshot, 2013 & 2020

    Chapter 3 Wood Adhesives and Binders Market- Industry Analysis

    3.1 Introduction

    3.2 Value chain analysis

    3.3 Market drivers

          3.3.1 High growth rate of construction market boosts demand for wood adhesives and binders

                 3.3.1.1 World construction market, 2010 - 2020 (USD Billion)

                 3.3.1.2 Largest construction markets in 2020 (USD Billion)

    3.4 Market restraints

          3.4.1 Volatile crude oil prices put pressure on manufacturers’ margins

                  3.4.1.1 Global crude oil prices, January 2008 to July 2014 (USD/Barrel)

          3.4.2 Environmental regulations against chemicals emitting volatile organic compounds (VOC)

    3.5 Opportunities

          3.5.1 Development and commercialization of bio-based adhesives

          3.5.2 Nanocrystalline Cellulose (NCC) as additive in wood binders

    3.6 Porter’s Five Forces analysis

          3.6.1 Bargaining power of suppliers

          3.6.2 Bargaining power of buyers

          3.6.3 Threat from substitutes

          3.6.4 Threat of new entrants

          3.6.5 Degree of competition

    3.7 Wood adhesives and binders: Market attractiveness analysis

    3.8 Wood adhesives and binders: Company market share analysis, 2013

    3.9 Raw material analysis

          3.9.1 Formaldehyde

                  3.9.1.1 Formaldehyde, global historical FOB prices, 2004-2013 (USD/kg)

          3.9.2 Urea

                  3.9.2.1 Urea, global historical FOB prices, 2004-2013 (USD/kg)

          3.9.3 Melamine

                  3.9.3.1 Melamine, global historical FOB prices, 2004-2013 (USD/kg)

          3.9.4 Phenol, Benzene & Toluene

                  3.9.4.1 Phenol, benzene & toluene, global historical FOB prices, 2004-2013 (USD/kg)

          3.9.5 Soy-meal

                  3.9.5.1 Soy-meal, global historical FOB prices, 2004-2013 (USD/kg)

          3.9.6 Others (Including polyvinyl acetate (PVAc), ethyl vinyl acetate (EVA), etc.)

    3.10 Cost calculation, 2004-2013

          3.10.1 Urea-formaldehyde (UF)

          3.10.2 Melamine-urea-formaldehyde (MUF)

          3.10.3 Phenol-formaldehyde (PF)

          3.10.4 Polymeric methylene-diphenyl-diisocyanate (pMDI)

    Chapter 4 Wood Adhesives and Binders Market – Product Segment Analysis

    4.1 Global wood adhesives and binders market: Product segment overview

          4.1.1 Global wood adhesives and binders market volume share, by product segment, 2013 & 2020

          4.1.2 Global wood adhesives and binders product prices, 2004 – 2013 (USD/kg)

    4.2 Urea-formaldehyde wood adhesives and binders

          4.2.1 Global urea-formaldehyde wood adhesives and binders market, 2013 - 2020 (Kilo Tons) (USD Million)

    4.3 Melamine-urea-formaldehyde wood adhesives and binders

          4.3.1 Global melamine-urea-formaldehyde wood adhesives and binders market, 2013 - 2020 (Kilo Tons) (USD Million)

    4.4 Phenol-formaldehyde wood adhesives and binders

          4.4.1 Global phenol-formaldehyde wood adhesives and binders market, 2013 - 2020 (Kilo Tons) (USD Million)

    4.5 Isocyanates wood adhesives and binders

          4.5.1 Global isocyanates wood adhesives and binders market, 2013 - 2020 (Kilo Tons) (USD Million)

    4.6 Soy-based wood adhesives and binders

          4.6.1 Global soy-based wood adhesives and binders market, 2013 - 2020 (Kilo Tons) (USD Million)

    4.7 Other wood adhesives and binders (Including polyurethane, epoxy, silicone, polyvinyl acetate (PVAc) and ethyl vinyl acetate (EVA))

          4.7.1 Global other wood adhesives and binders market, 2013 - 2020 (Kilo Tons) (USD Million)

    Chapter 5 Wood Adhesives and Binders Market - Application Analysis

    5.1 Global wood adhesives and binders market: Application overview

          5.1.1 Global wood adhesives and binders market volume share, by application, 2013 & 2020

    5.2 Flooring and plywood applications

          5.2.1 Global wood adhesives and binders market for flooring and plywood applications, 2013 - 2020, (Kilo Tons) (USD Million)

    5.3 Furniture and subcomponents applications

          5.3.1 Global wood adhesives and binders market for furniture and subcomponent applications, 2013 - 2020 (Kilo Tons) (USD Million)

    5.4 Cabinet applications

          5.4.1 Global wood adhesives and binders market for cabinet applications, 2013 - 2020 (Kilo Tons) (USD Million)

    5.5 Windows and doors applications

          5.5.1 Global wood adhesives and binders market for windows and door applications, 2013 - 2020 (Kilo Tons) (USD Million)

    5.6 Other applications

          5.6.1 Global wood adhesives and binders market for other applications, 2013 - 2020 (Kilo Tons) (USD Million)

    Chapter 6 Wood Adhesives and Binders Market - Regional Analysis

    6.1 Global wood adhesives and binders market: Regional overview

          6.1.1 Global wood adhesives and binders market share, by region, 2013 & 2020

    6.2 North America

          6.2.1 North America wood adhesives and binders market volume, by product segment, 2013 - 2020 (Kilo Tons)

          6.2.2 North America wood adhesives and binders market revenues, by product segment, 2013 - 2020 (USD Million)

          6.2.3 North America wood adhesives and binders market volume, by application, 2013 - 2020 (Kilo Tons)

          6.2.4 North America wood adhesives and binders market revenues, by application, 2013 - 2020 (USD Million)

    6.3 Europe

          6.3.1 Europe wood adhesives and binders market volume, by product segment, 2013 - 2020 (Kilo Tons)

          6.3.2 Europe wood adhesives and binders market revenue, by product segment, 2013 - 2020 (USD Million)

          6.3.3 Europe wood adhesives and binders market volume, by application, 2013 - 2020 (Kilo Tons)

          6.3.4 Europe wood adhesives and binders market revenues, by application, 2013 - 2020 (USD Million)

    6.4 Asia Pacific

          6.4.1 Asia Pacific wood adhesives and binders market volume, by product segment, 2013 - 2020 (Kilo Tons)

          6.4.2 Asia Pacific wood adhesives and binders market revenues, by product segment, 2013 - 2020 (USD Million)

          6.4.3 Asia Pacific wood adhesives and binders market volume, by application, 2013 - 2020 (Kilo Tons)

          6.4.4 Asia Pacific wood adhesives and binders market revenues, by application, 2013 - 2020 (USD Million)

    6.5 Rest of the World (RoW)

          6.5.1 RoW wood adhesives and binders market volume, by product segment, 2013 - 2020 (Kilo Tons)

          6.5.2 RoW wood adhesives and binders market revenues, by product segment, 2013 - 2020 (USD Million)

          6.5.3 RoW wood adhesives and binders market volume, by application, 2013 - 2020 (Kilo Tons)

          6.5.4 RoW wood adhesives and binders market revenues, by application, 2013 - 2020 (USD Million)

    Chapter 7 Company Profiles

    7.1 3M Company

          7.1.1 Company overview

          7.1.2 Product portfolio

          7.1.3 Financial overview

          7.1.4 Business strategy

          7.1.5 Recent developments

    7.2 Ashland Inc.

          7.2.1 Company overview

          7.2.2 Product portfolio

          7.2.3 Financial overview

          7.2.4 Business strategy

          7.2.5 Recent developments

    7.3 H.B Fuller Company

          7.3.1 Company overview

          7.3.2 Product portfolio

          7.3.3 Financial overview

          7.3.4 Business strategies

          7.3.5 Recent developments

    7.4 Henkel AG & Co. KGaA

          7.4.1 Company overview

          7.4.2 Product portfolio

          7.4.3 Financial overview

          7.4.4 Business strategy

          7.4.5 Recent developments

    7.5 BASF SE

          7.5.1 Company overview

          7.5.2 Product portfolio

          7.5.3 Financial overview

          7.5.4 Business strategies

          7.5.5 Recent developments

    7.6 Huntsman Corporation

          7.6.1 Company overview

          7.6.2 Product portfolio

          7.6.3 Financial overview

          7.6.4 Business strategy

    7.7 Avery Dennison Corporation

          7.7.1 Company overview

          7.7.2 Product portfolio

          7.7.3 Financial overview

          7.7.4 Business strategy

          7.7.5 Recent developments

    7.8 Adhesives Research Inc.

          7.8.1 Company overview

          7.8.2 Product portfolio

          7.8.3 Business strategy

    7.9 Dow Chemical Company

          7.9.1 Company overview

          7.9.2 Product portfolio

          7.9.3 Financial overview

          7.9.4 Business strategies

          7.9.5 Recent developments

    7.10 Bostik SA

          7.10.1 Company overview

          7.10.2 Product portfolio

          7.10.3 Financial overview

          7.10.4 Business strategy

          7.10.5 Recent developments

    List of Tables

    TABLE 1 Global wood adhesives and binders market snapshot, 2013 & 2020

    TABLE 2 Drivers for wood adhesives and binders market: Impact analysis

    TABLE 3 Restraints for wood adhesives and binders market: Impact analysis

    TABLE 4 Recent joint ventures in the industry

    TABLE 5 Urea-formaldehyde (UF) cost calculation (market price - raw material costs), 2004-2013 (USD/kg)

    TABLE 6 Melamine-urea-formaldehyde (MUF) cost calculation (market price - raw material costs), 2004-2013 (USD/kg)

    TABLE 7 Phenol-formaldehyde (PF) cost calculation (market price - raw material costs), 2004-2013 (USD/kg)

    TABLE 8 Polymeric methylene-diphenyl-diisocyanate (pMDI) cost calculation (market price - raw material costs), 2004-2013 (USD/kg)

    TABLE 9 Global wood adhesives and binders product prices (FOB), 2004 – 2013 (USD/kg)

    TABLE 10 Urea-formaldehyde raw material regional prices, 2014

    TABLE 11 Melamine-urea-formaldehyde raw material regional prices, 2014

    TABLE 12 Phenol-formaldehyde raw material regional prices, 2014

    TABLE 13 Isocyanates raw material regional prices, 2014

    TABLE 14 Soy-meal regional prices, 2014

    TABLE 15 North America wood adhesives and binders market volume, by product segment, 2013 - 2020 (Kilo Tons)

    TABLE 16 North America wood adhesives and binders market revenues, by product segment, 2013 - 2020 (USD Million)

    TABLE 17 North America wood adhesives and binders market volume, by application, 2013 - 2020 (Kilo Tons)

    TABLE 18 North America wood adhesives and binders market revenues, by application, 2013 - 2020 (USD Million)

    TABLE 19 Europe wood adhesives and binders market volume, by product segment, 2013 - 2020 (Kilo Tons)

    TABLE 20 Europe wood adhesives and binders market revenue, by product segment, 2013 - 2020 (USD Million)

    TABLE 21 Europe wood adhesives and binders market volume, by application, 2013 - 2020 (Kilo Tons)

    TABLE 22 Europe wood adhesives and binders market revenues, by application 2013 - 2020 (USD Million)

    TABLE 23 Asia Pacific wood adhesives and binders market volume, by product segment, 2013 - 2020 (Kilo Tons)

    TABLE 24 Asia Pacific wood adhesives and binders market revenues, by product segment 2013 - 2020 (USD Million)

    TABLE 25 Asia Pacific wood adhesives and binders market volume, by application, 2013 - 2020 (Kilo Tons)

    TABLE 26 Asia Pacific wood adhesives and binders market revenues, by application, 2013 - 2020 (USD Million)

    TABLE 27 RoW wood adhesives and binders market volume, by product segment, 2013 - 2020 (Kilo Tons)

    TABLE 28 RoW wood adhesives and binders market revenues, by product segment, 2013 - 2020 ( USD Million)

    TABLE 29 RoW wood adhesives and binders market volume, by application 2013 - 2020 (Kilo Tons)

    TABLE 30 RoW wood adhesives and binders market revenues, by application, 2013 - 2020 (USD Million)

    List of Figures 

    FIG. 1 Global wood adhesives and binders market segmentation by product segment, application and region

    FIG. 2 Global wood adhesives and binders market, 2013 – 2020 (Kilo Tons) (USD Million)

    FIG. 3 Wood adhesives and binders market: Value chain analysis

    FIG. 4 World construction market, 2010 - 2020 (USD Billion)

    FIG. 5 Largest construction markets in 2020 (USD Billion)

    FIG. 6 Global crude oil prices, January 2008 to July 2014 (USD/Barrel)

    FIG. 7 Porter’s five forces analysis for wood adhesives and binders market

    FIG. 8 Wood adhesives and binders: Market attractiveness analysis

    FIG. 9 Wood adhesives and binders: Company market share analysis, 2013

    FIG. 10 Formaldehyde, global historical FOB prices, 2004-2013 (USD/kg)

    FIG. 11 Urea, global historical FOB prices, 2004-2013 (USD/kg)

    FIG. 12 Melamine, global historical FOB prices, 2004-2013 (USD/kg)

    FIG. 13 Phenol, benzene & toluene, global historical FOB prices, 2004-2013 (USD/kg)

    FIG. 14 Soy-meal, global historical FOB prices, 2004-2013 (USD/kg)

    FIG. 15 Global wood adhesives and binders market share, by product segment, 2013 & 2020

    FIG. 16 Global urea-formaldehyde wood adhesives and binders market, 2013 - 2020 (Kilo Tons) (USD Million)

    FIG. 17 Global melamine-urea-formaldehyde wood adhesives and binders market, 2013 - 2020 (Kilo Tons) (USD Million)

    FIG. 18 Global phenol-formaldehyde wood adhesives and binders market, 2013 – 2020 (Kilo Tons) (USD Million)

    FIG. 19 Global isocyanates wood adhesives and binders market, 2013 – 2020 (Kilo Tons) (USD Million)

    FIG. 20 Global soy-based wood adhesives and binders market, 2013 - 2020 (Kilo Tons) (USD Million)

    FIG. 21 Global other wood adhesives and binders market, 2013 - 2020 (Kilo Tons) (USD Million)

    FIG. 22 Global wood adhesives and binders market share, by application, 2013 & 2020

    FIG. 23 Global wood adhesives and binders market for flooring and plywood applications, 2013 - 2020, (Kilo Tons) (USD Million)

    FIG. 24 Global wood adhesives and binders market for furniture and subcomponent applications, 2013 - 2020 (Kilo Tons) (USD Million)

    FIG. 25 Global wood adhesives and binders market for cabinet applications, 2013 - 2020 (Kilo Tons) (USD Million)

    FIG. 26 Global wood adhesives and binders market for windows and door applications, 2013 - 2020 (Kilo Tons) (USD Million)

    FIG. 27 Global wood adhesives and binders market for other applications, 2013 - 2020 (Kilo Tons) (USD Million)

    FIG. 28 Global wood adhesives and binders market share, by region, 2013 & 2020

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Wood Adhesives and Binders Market

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