Wood Adhesives Market Report 2025

The wood adhesives market size has grown strongly in recent years. It will grow from $5.45 billion in 2024 to $5.81 billion in 2025 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to construction and furniture industries, housing and infrastructure development, consumer preferences for wooden products, renovation and remodeling activities, global woodworking trends.

The wood adhesives market size is expected to see strong growth in the next few years. It will grow to $7.82 billion in 2029 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to sustainable and eco-friendly practices, rising demand for engineered wood products, urbanization and interior design trends, focus on high-performance adhesives, wooden flooring applications. Major trends in the forecast period include increasing application of hot-melt adhesives, rising importance of digital printing in wood paneling, focus on fire-retardant adhesives in construction, application in prefabricated and modular construction, collaborations for research and innovation.

The surge in consumer spending on luxury furniture and home decor products is anticipated to fuel The substantial rise in consumer spending on home decorative and luxury furniture products is projected to propel the growth of the wood adhesives market in the future. Wood adhesives are widely utilized for various wood joinery applications, making them an effective choice for assembling home decor and wooden furniture. Despite facing significant supply chain challenges, luxury furniture and home goods retailer RH remains optimistic about sustained consumer spending, aiming to evolve from merely curating and selling objects to creating and selling complete settings. For example, in 2022, Invest India, a national investment promotion and facilitation agency based in India, reported that the country's furniture market was valued at $23.12 billion and is expected to grow at a CAGR of 10.9% from 2023 to 2028, reaching $32.7 billion by 2026. Consequently, the increasing consumer expenditure on home decorative and luxury furniture products is driving the expansion of the wood adhesives market.

The burgeoning construction sector is poised to fuel the expansion of the wood adhesives market. Construction involves the assembly and creation of infrastructure, buildings, and various structures. Within this industry, wood adhesives play a crucial role by bonding and reinforcing wooden components, significantly bolstering the structural durability and longevity of buildings, furniture, and other wooden structures. For instance, as reported by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development in December 2023, construction spending in October 2023 reached a seasonally adjusted annual rate of $2.02 trillion, marking a 0.6% (±1%) increase from the revised September estimate of $2.01 trillion. Moreover, October figures reflected a 10.7% (±1.6%) rise from October 2022, which was estimated at $1.83 trillion. In the initial ten months of that year, construction spending totaled $1.64 trillion, marking a 5.6% (±1.2%) increase from the same period in 2022, which totaled $1.55 trillion. Consequently, the upward trajectory of the construction industry serves as the driving force behind the growth of the wood adhesives market.

Key players in the wood adhesives market are making strategic investments to enhance product performance, boost sustainability, and address the increasing demand for eco-friendly materials. These investments are focused on developing advanced adhesive formulations, including bio-based and formaldehyde-free adhesives, to comply with environmental regulations and cater to consumer preferences. For example, in May 2023, Henkel, a Germany-based chemical and consumer goods company, inaugurated a new Technology Center in Bridgewater, New Jersey. This center is designed to promote collaboration with partners and showcase innovations in adhesives, sealants, and coatings. This initiative is part of Henkel's strategy to drive growth and sustainability within the wood adhesives sector, utilizing advanced technologies to meet the evolving demands of the market.

Prominent companies in the wood adhesives market are intensifying their efforts to introduce high-performance adhesives, such as G6520 and SG6518, to enhance their competitive position in the market. SG6520 and SG6518 are high-performance polyurethane adhesives renowned for their exceptional bonding strength and versatility in various construction and assembly applications. For example, in May 2022, Bostik, a France-based adhesive manufacturing company, unveiled a new series of adhesive solutions named SG6520 and SG6518. These hot melt polyurethane reactive (HMPUR) adhesive solutions are specifically designed for woodworking applications, offering superior bonding strength, sealing performance, water resistance, and increased durability for finished woodworking products.

In January 2022, H.B. Fuller Company, a US-based manufacturer of adhesives, acquired Apollo for an undisclosed sum. This acquisition enables H.B. Fuller to enhance its footprint in high-value, high-margin markets throughout the UK and Europe. By integrating Apollo's offerings, H.B. Fuller can capitalize on Apollo's established customer relationships and local manufacturing capabilities, thereby better addressing regional demands for wood adhesives. Apollo is a UK-based producer of liquid adhesives, coatings, and primers.

Major companies operating in the wood adhesives market include 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.

Asia-Pacific was the largest region in the wood adhesives market in 2024. Asia-Pacific is expected to be the fastest-growing region in the wood adhesives market report during the forecast period. The regions covered in the wood adhesives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the wood adhesives market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Wood adhesives are used to bond wood materials together or with other materials, commonly used in building materials, furniture manufacturing, and other wood-based products.

Wood adhesives encompass various products such as urea-formaldehyde, melamine-urea-formaldehyde, phenol-formaldehyde, isocyanates, polyurethane, polyvinyl acetate, soy-based adhesives, and others. Urea-formaldehyde is a significant formaldehyde resin adhesive, resulting from the polymeric condensation of formaldehyde and urea. It is widely used in the manufacturing of wood-based composite panels. Wood adhesives are available in different technologies such as solvent-based, water-based, and others, utilizing various types of resins, including natural and synthetic varieties. These adhesives find applications in flooring, decks, plywood, furniture, cabinets, windows, doors, and other woodworking applications.

The wood adhesives market research report is one of a series of new reports that provides wood adhesives market statistics, including wood adhesives industry global market size, regional shares, competitors with a wood adhesives market share, detailed wood adhesives market segments, market trends and opportunities, and any further data you may need to thrive in the wood adhesives industry. This wood adhesives market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The wood adhesives market consists of sales of cyanoacrylates and epoxy wood adhesives. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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