Wood Adhesives - Global Strategic Business Report

The global market for Wood Adhesives was estimated at US$6.3 Billion in 2024 and is projected to reach US$9.0 Billion by 2030, growing at a CAGR of 6.0% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Wood Adhesives market.

Global Wood Adhesives Market - Key Trends and Drivers Summarized

Wood adhesives are specialized binding agents used to join wood surfaces together in the manufacturing of furniture, flooring, cabinets, and other wood products. These adhesives are formulated to meet specific performance criteria such as strength, durability, and resistance to moisture and temperature variations. Common types of wood adhesives include urea-formaldehyde, phenol-formaldehyde, polyurethane, and epoxy resins, each offering unique properties suited for different applications and environmental conditions.

The global market for wood adhesives is primarily driven by the booming construction and furniture industries. As urbanization and economic growth fuel demand for residential and commercial buildings, the need for wood products escalates, directly increasing the demand for wood adhesives. Additionally, advancements in adhesive technology that improve the environmental profile of these products, such as the development of low-VOC, solvent-free, and formaldehyde-free formulations, are expanding their applicability and market reach. These innovations not only address environmental and health concerns but also comply with stringent global regulations, making them increasingly preferred in green building projects.

A significant trend in the wood adhesives market is the shift towards sustainable and eco-friendly products. This is in response to growing environmental concerns and tightening regulations regarding VOC emissions and formaldehyde content in adhesives. The transformation in wood adhesives from synthetic to bio-based options marks a pivotal change in the wood panel industry, driven by environmental concerns and the need for sustainable materials. Manufacturers are increasingly investing in research and development to produce bio-based adhesives that reduce reliance on synthetic chemicals and minimize the environmental impact. Another notable trend is the integration of advanced technologies such as nanotechnology and polymer blending in adhesive formulations, which enhance the performance characteristics such as bond strength, curing time, and durability. The journey of wood flooring adhesives from solvent-based to innovative silane-modified formulas marks a significant shift towards safer, more efficient, and environmentally friendly installation options. Modified silane adhesives produce a minimal amount of alcohol as they cure, which prevents bubble formation within the adhesive layer, thus forming stronger bonds. As the furniture and construction sectors continue to evolve, the demand for more specialized and high-performance adhesives is expected to rise, further stimulating innovations in this market.

SCOPE OF STUDY:

The report analyzes the Wood Adhesives market in terms of units by the following Segments, and Geographic Regions/Countries:

• Segments: Substrate (Plywood, Particleboard, Medium-Density Fiberboard, Oriented Strand Board, High-Density Fiberboard, Other Substrates); Application (Furniture, Flooring, Doors & Windows, Housing Components, Other Applications)
• Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Plywood segment, which is expected to reach US$2.9 Billion by 2030 with a CAGR of a 6.0%. The Particleboard segment is also set to grow at 5.8% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, valued at $1.7 Billion in 2024, and China, forecasted to grow at an impressive 8.8% CAGR to reach $2.0 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Wood Adhesives Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Wood Adhesives Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Wood Adhesives Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of players such as 3M Company, Akzonobel N.V., Ashland Inc., Bostik SA, H.B. Fuller and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 34 companies featured in this Wood Adhesives market report include:

• 3M Company
• Akzonobel N.V.
• Ashland Inc.
• Bostik SA
• H.B. Fuller
• Henkel AG & Co. KGaA
• Jubilant Industries
• Pidilite Industries
• Sika AG
• The DOW Chemical Company

This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:

• Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
• Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
• Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
• Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
• Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
• Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
• Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.