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Timber Laminating Adhesives Market Trends

  • Report ID: GMI8839
  • Published Date: Apr 2024
  • Report Format: PDF

Timber Laminating Adhesives Market Trends

The timber laminating adhesives industry is witnessing several prominent trends shaping its trajectory. One notable trend is the increasing emphasis on sustainability, driving the demand for eco-friendly adhesive formulations with reduced formaldehyde emissions and lower volatile organic compound (VOC) content. Additionally, there is a growing preference for engineered timber products in both the construction and furniture industries, fueled by their superior performance characteristics and sustainability compared to traditional materials.

Technological advancements continue to drive innovation in adhesive formulations, with manufacturers focusing on developing products that not only meet regulatory standards but also offer improved bonding performance and durability. Furthermore, the market is witnessing a shift towards digitalization and automation in manufacturing processes, enabling greater precision and efficiency in adhesive application. Overall, these trends reflect a market that is evolving to meet the demands of a sustainable and technologically advanced future.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Global timber laminating adhesives market crossed USD 957 million in 2023 and is set to grow at 6.8% CAGR by 2032, driven by advancements in adhesive technologies.

Melamine formaldehyde timber laminating adhesives market reached USD 522.9 million in 2023 and is set to gain traction by 2032, owing to their lower cost and moderate bonding strength.

North America industry reached USD 267.5 million in 2023 and is set to grow rapidly by 2032, driven by the construction industry's preference for engineered timber products.

3M Company, Akzo Nobel N.V., Bostik SA (Arkema Group), Dow Chemical Company, H.B. Fuller Company, Henkel AG & Co. KGaA and Sika AG among others.

Timber Laminating Adhesives Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 250
  • Countries covered: 22
  • Pages: 300
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