Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Wood Adhesives Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Are the Expected Market Growth Rates for the Wood Adhesives Market?
The Wood Adhesives market has seen a robust growth in the past few years. Its market size is projected to increase from $5.45 billion in 2024 to $5.74 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 5.4%.
What Are the Expected Market Growth Trends for the Wood Adhesives Market Through 2029?
The Wood Adhesives market is projected to achieve a market size of $7.58 billion by 2029, growing at a Compound Annual Growth Rate (CAGR) of 7.2%.
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What Are the Key Business Drivers in the Wood Adhesives Market Landscape?
The key Drivers in the wood adhesives market are:
• Rising consumer expenditure on home decoration and luxury furniture items
• Widening use of wood adhesives for wood joinery purposes
• High optimism in continued strong consumer spending despite supply chain challenges
• Positioning of businesses not just in selling objects but in creating and selling settings.
How Is the Wood Adhesives Market Divided Across Key Categories?
The wood adhesivesmarket 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
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What Are the Ongoing Trends in the Wood Adhesives Market?
The key trends in the wood adhesives market are:
• A significant trend is focused on strategic investments to improve sustainability and product performance.
• Bio-based and formaldehyde-free adhesives are emerging trends due to alignment with environmental regulations and consumer preferences.
• Companies are increasingly opening technology centers to foster innovation and collaboration in the wood adhesives sector.
• The drive for growth and sustainability is pushing the adoption of advanced technologies in the industry.
Which Companies are Expanding in the Wood Adhesives Industry?
The key players in the wood adhesives market are:
• 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
Which is the Largest Region the Global Wood Adhesives Market?
Asia-Pacific was the largest region in the wood adhesives market in 2024
