The global demand for Timber Laminating Adhesives Market is presumed to reach the market size of nearly USD 1505.43 MN by 2028 from USD 818.25 MN in 2021 with a CAGR of 9.1% under the study period 2022 - 2028.
Timber laminating adhesives are used to attach laminated timber, cross-laminated timber beams, wall beams, straight laminated beams, and curved laminated beams. It is used to structure engineered wood material to make up layers of timber glued together with long-lasting, moisture-resistant adhesive. The objective of the timber laminating adhesives is to hold the different layers of the panels together. Beams provide substantially stronger buildings that are lighter in weight than hardwood with the same thickness.
Market Dynamics
The growing usage of laminating adhesives in the construction sector is the key factor driving the timber laminating adhesives market growth. The ever-increasing use of laminated wood in schools, businesses, and public spaces is a significant factor driving the timber laminating adhesives market. Furthermore, an increase in the number of research and development efforts for sustainable and eco-friendly goods will assist in driving the growth of the worldwide timber laminating adhesives market in the future. The increased number of re-modelling projects will help in enhancing the timber laminating adhesives market's growth. Price fluctuations and the availability of raw materials may restrict the expansion of the timber laminating adhesives market.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of timber laminating adhesives. The growth and trends of timber laminating adhesives industry provide a holistic approach to this study.
Market Segmentation
This section of the timber laminating adhesives market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Melamine Formaldehyde Adhesives (MF)
- Phenol Resorcinol Formaldehyde (PRF) Adhesives
- Polyurethane (PU)
- Emulsion Polymer Isocyanate (EPI) Adhesives
- Others
By Application
- Floor Beams
- Roof Beams
- Window And Door Headers
- Trusses And Supporting Columns
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Timber Laminating Adhesives market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Timber Laminating Adhesives Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the timber laminating adhesives market include Sika AG, AkzoNobel N.V., Arkema, 3M Company, Henkel AG, Others. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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