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Asia Pacific Wood Adhesives and Binders Market - Opportunities and Forecasts, 2017 - 2023

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    Report

  • September 2019
  • Region: Asia Pacific
  • Allied Market Research
  • ID: 3773203
Adhesives are the substances which are applied on the surface of two different materials to bind them together. Wood adhesives and binders are largely used due to their beneficial properties as time efficiency, ease of use, lightness in weight and low price. These are widely used in the making plywood, furniture, cabinets, windows and doors. Wood adhesives for shipping and transportation are in demand due to globalization and this results into growth of wood adhesive and binders market. Increasing investment across construction industries and infrastructural development are driving the Asia Pacific wood adhesives and binders market. Asia Pacific market is projected to grow at a significant rate due to the increasing demand of wood adhesives and binders, in packaging and transportation across India, China, Japan and South Korea. Stringent regulations associated with volatile chemical compounds (VOCs) is a restraining factor for the Asia Pacific wood adhesives and binders market. New research on producing bio-based and low VOC adhesives should provide potential opportunities to the Asia Pacific wood adhesives and binders market.

The Asia Pacific adhesives and binders market is segmented on the basis of its types, application and geography. The types of wood adhesives and binders include Urea Formaldehyde, Phenol-formaldehyde, Melamine urea formaldehyde, and Isocyanates. The application comprises of Flooring and Plywood, Cabinets, Structural frames, Furniture, Windows and doors. The Asia Pacific physiotherapy equipment market is segmented into China, Japan, India, Australia and others. Asia Pacific market is expected to grow at a significant rate owing to the increasing demand of wood adhesives and binders, in packaging and transportation across India, China, Japan and South Korea. China is the largest consumer of wood adhesives and binders for paper sensitive products, textile, footwear and woodwork. Japan is the second largest consumer of wood adhesives, which are used in the construction and automotive sector, followed by South Korea, Taiwan and India.

KEY BENEFITS

The study provides an in-depth analysis of the market with current and future trends to elucidate imminent investment pockets in the market
Current and future trends are outlined to determine the overall attractiveness and to single out profitable trends to gain a stronger foothold in the market
The report provides information on the key drivers, restraints and opportunities with an impact analysis
Quantitative analysis of the current market and estimations through 2013-2020 are provided to showcase the financial caliber of the market
Porters Five Forces model and SWOT analysis of the industry illustrates the potency of the buyers & suppliers participating in the market
Value chain analysis in the report provides a clear understanding of the roles of stakeholders involved in the value chain
Ease of doing business analysis should help in making strategic business decisions

ASIA-PACIFIC WOOD ADHESIVES AND BINDERS MARKET SEGMENTATION

The Asia Pacific wood adhesives and binders market is segmented on the basis of types, application and geography.

By Type

Urea Formaldehyde
Melamine urea formaldehyde
Phenol-formaldehyde
Isocyanates

By Application

Flooring and Plywood
Cabinets
Structural frames
Furniture
Windows and door

By Geography

China
Japan
India
Australia
Others

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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