Synthetic Segment to Dominate South America Industrial Wood Adhesives Market during 2020-2027
According to a new market research study on “South America Industrial Wood Adhesives Market to 2027 - COVID-19 Impact and Regional Analysis and Forecast - by Resin Type, Technology, and Country,” is expected to reach US$ 365.73 million by 2027 from US$ 275.15 million in 2020. The market is estimated to grow at a CAGR of 4.1% from 2020 to 2027. The report provides trends prevailing in the South America industrial wood adhesives market along with the drivers and restraints pertaining to the market growth. Expansion of the construction and infrastructural activities and benefits associated with wood adhesives are the major factors driving the growth of the South America industrial wood adhesives market. However, fluctuations in petroleum or crude oil prices may hinder the growth of South America industrial wood adhesives market.
In case of COVID-19, in South America, especially Brazil, witnessed an unprecedented rise in number of coronavirus cases, which led to the discontinuation of industrial wood adhesives manufacturing activities. Downfall of other chemical and materials manufacturing sectors has subsequently impacted the demand for industrial wood adhesives during the early months of 2020. Moreover, decline in the overall construction and building materials manufacturing activities has led to discontinuation of industrial wood adhesives manufacturing projects, thereby reducing the demand for industrial wood adhesives. Similar trend was witnessed in other South America countries, i.e. Colombia, Argentina, Peru, Chile, Ecuador and Bolivia. However, the countries are likely to overcome thus drop in demand with the economic activities regaining their pace, especially in the beginning of the 2021.
The market for South America industrial wood adhesives is segmented into resin type, technology and country. Based on resin type, the market is segmented into natural and synthetic. In 2019, the synthetic segment held the largest share in South America industrial wood adhesives market. Based on technology, the South America industrial wood adhesives is bifurcated into solvent-based, water-based, solventless, and others. The water-based segment is expected to be the fastest growing segment over the forecast period. Furthermore, in this present scenario of COVID 19 pandemic, the South America industrial wood adhesives market has been facing difficulties and several countries have suffered heavily. The manufacturing sectors in the South America countries have been experiencing low production and a weak supply chain. Thereby, impacting the market for industrial wood adhesives.
H.B. Fuller Company; Henkel AG & Company, KGaA; Ashland; Arkema Group; Sika AG; Pidilite Industries Ltd.; Dow Inc.; 3M and Akzo Nobel N.V. are some of the leading companies in the South America industrial wood adhesives market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.
In case of COVID-19, in South America, especially Brazil, witnessed an unprecedented rise in number of coronavirus cases, which led to the discontinuation of industrial wood adhesives manufacturing activities. Downfall of other chemical and materials manufacturing sectors has subsequently impacted the demand for industrial wood adhesives during the early months of 2020. Moreover, decline in the overall construction and building materials manufacturing activities has led to discontinuation of industrial wood adhesives manufacturing projects, thereby reducing the demand for industrial wood adhesives. Similar trend was witnessed in other South America countries, i.e. Colombia, Argentina, Peru, Chile, Ecuador and Bolivia. However, the countries are likely to overcome thus drop in demand with the economic activities regaining their pace, especially in the beginning of the 2021.
The market for South America industrial wood adhesives is segmented into resin type, technology and country. Based on resin type, the market is segmented into natural and synthetic. In 2019, the synthetic segment held the largest share in South America industrial wood adhesives market. Based on technology, the South America industrial wood adhesives is bifurcated into solvent-based, water-based, solventless, and others. The water-based segment is expected to be the fastest growing segment over the forecast period. Furthermore, in this present scenario of COVID 19 pandemic, the South America industrial wood adhesives market has been facing difficulties and several countries have suffered heavily. The manufacturing sectors in the South America countries have been experiencing low production and a weak supply chain. Thereby, impacting the market for industrial wood adhesives.
H.B. Fuller Company; Henkel AG & Company, KGaA; Ashland; Arkema Group; Sika AG; Pidilite Industries Ltd.; Dow Inc.; 3M and Akzo Nobel N.V. are some of the leading companies in the South America industrial wood adhesives market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.
The report segments the South America Industrial Wood Adhesives Market as follows:
South America Industrial Wood Adhesives Market - By Resin Type
- Natural.
- Synthetic
South America Industrial Wood Adhesives Market - By Technology
- Solvent-Based.
- Water-Based.
- Solventless.
- Others
South America Industrial Wood Adhesives Market - By Country
- Brazil.
- Argentina.
- Rest of South America
Reasons to buy:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South America industrial wood adhesives market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the South America industrial wood adhesives market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth South America market trends and outlook coupled with the factors driving the South America industrial wood adhesives market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Table of Contents
1. Introduction1.1 Scope of the Study
1.2 Research Report Guidance
1.3 Market Segmentation
2. South America Industrial Wood Adhesives Market - Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection
3.2.2 Primary Interviews
3.2.3 Hypothesis Formulation
3.2.4 Macro-Economic Factor Analysis
3.2.5 Developing Base Number
3.2.6 Data Triangulation
3.2.7 Country level data
4. South America Industrial Wood Adhesives - Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Expert Opinions
5. South America Industrial Wood Adhesives Market - Key Industry Dynamics
5.1 Market Drivers
5.1.1 Expansion of the Construction and Infrastructural Activities
5.1.2 Benefits Associated with Wood Adhesives
5.2 Market Restraint
5.2.1 Fluctuations in Petroleum or Crude Oil Prices
5.3 Future Trends
5.3.1 Incrementing Demand for Bio-Based Wood Adhesives
5.4 Impact Analysis
6. Industrial Wood Adhesives Market - South America Analysis
6.1 South America Industrial Wood Adhesives Market Revenue Forecast and Analysis
7. South America Industrial Wood Adhesives Market Analysis - By Resin Type
7.1 Overview
7.2 Industrial Wood Adhesives Market Revenue Share, by Resin Type (2019 and 2027)
7.3 Natural
7.3.1 Overview
7.3.2 Natural: Industrial Wood Adhesives Market - Revenue and Forecast to 2027 (US$ Million)
7.4 Synthetic
7.4.1 Overview
7.4.2 Synthetic: Industrial Wood Adhesives Market - Revenue and Forecast to 2027 (US$ Million)
8. South America Industrial Wood Adhesives Market Analysis - By Technology
8.1 Overview
8.2 Industrial Wood Adhesives Market Revenue Share, by Technology (2019 and 2027)
8.3 Solvent-Based
8.3.1 Overview
8.3.2 Solvent-Based: Industrial Wood Adhesives Market - Revenue and Forecast to 2027 (US$ Million)
8.4 Water-Based
8.4.1 Overview
8.4.2 Water-Based: Industrial Wood Adhesives Market - Revenue and Forecast to 2027 (US$ Million)
8.5 Solventless
8.5.1 Overview
8.5.2 Solventless: Industrial Wood Adhesives Market - Revenue and Forecast to 2027 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: Industrial Wood Adhesives Market - Revenue and Forecast to 2027 (US$ Million)
9. South America Industrial Wood Adhesives Market - Country Analysis
9.1 South and Central America: Industrial Wood Adhesives Market
9.1.1 South and Central America: Industrial Wood Adhesives Market Share by Country - 2019 & 2027, (%)
9.1.2 Brazil: Industrial Wood Adhesives Market - Revenue and Forecasts to 2027 (US$ Million)
9.1.2.1 Brazil: Industrial Wood Adhesives Market - Revenue and Forecasts to 2027 (US$ Million)
9.1.2.2 Brazil: Industrial Wood Adhesives Market, by Resin Type, 2018 -2027 (US$ Million)
9.1.2.3 Brazil: Industrial Wood Adhesives Market, by Technology, 2018-2027 (US$ Million)
9.1.3 Argentina: Industrial Wood Adhesives Market - Revenue and Forecasts to 2027 (US$ Million)
9.1.3.1 Argentina: Industrial Wood Adhesives Market - Revenue and Forecasts to 2027 (US$ Million)
9.1.3.2 Argentina: Industrial Wood Adhesives Market, by Resin Type, 2018 -2027 (US$ Million)
9.1.3.3 Argentina: Industrial Wood Adhesives Market, by Technology, 2018-2027 (US$ Million)
9.1.4 Rest of South and Central America: Industrial Wood Adhesives Market - Revenue and Forecasts to 2027 (US$ Million)
9.1.4.1 Rest of South and Central America: Industrial Wood Adhesives Market - Revenue and Forecasts to 2027 (US$ Million)
9.1.4.2 Rest of South and Central America: Industrial Wood Adhesives Market, by Resin Type, 2018 -2027 (US$ Million)
9.1.4.3 Rest of South and Central America: Industrial Wood Adhesives Market, by Technology, 2018-2027 (US$ Million)
10. Impact of COVID-19 Pandemic on South America Industrial Wood Adhesives Market
10.1 Overview
10.2 South & Central America: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Overview
11.2 Product News
11.3 Merger and Acquisition
12. Company Profiles
12.1 H.B.Fuller Company
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Service
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Henkel AG & Company, KGAA
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.3 Ashland
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.4 Arkema Group
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.5 Sika AG
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.6 Pidilite Industries Ltd.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Dow
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.8 3M
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.9 Akzo Nobel N.V.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
13. Appendix
13.1 About
13.2 Glossary of Terms
List of Tables
Table 1. South America Industrial Adhesives Market - Revenue and Forecast to 2027 (US$ Mn)
Table 2. Brazil Industrial Wood Adhesives Market, by Resin Type - Revenue and Forecast to 2027 (US$ Million)
Table 3. Brazil Industrial Wood Adhesives Market, by Technology - Revenue and Forecast to 2027(US$ Million)
Table 4. Argentina Industrial Wood Adhesives Market, by Resin Type - Revenue and Forecast to 2027 (US$ Million)
Table 5. Argentina Industrial Wood Adhesives Market, by Technology - Revenue and Forecast to 2027(US$ Million)
Table 6. Rest of South and Central America Industrial Wood Adhesives Market, by Resin Type - Revenue and Forecast to 2027 (US$ Million)
Table 7. Rest of South and Central America Industrial Wood Adhesives Market, by Technology - Revenue and Forecast to 2027(US$ Million)
Table 8. Glossary of Terms, Industrial Wood Adhesives MarketList of Figures
Figure 1. Industrial Wood Adhesives Market Segmentation
Figure 2. South America Industrial Wood Adhesives Market, By Country
Figure 3. South America Industrial Wood Adhesives Market Overview
Figure 4. Solvent-Based Segment Held Major Share by Technology Segment in Industrial Wood Adhesives Market
Figure 5. Argentina to Witness Fastest Growth in the Market During the Forecast Period
Figure 6. South America Industrial Wood Adhesives Market, Industry Landscape
Figure 7. South and Central America - PEST Analysis
Figure 8. Impact Analysis of Drivers and Restraints
Figure 9. South America Industrial Wood Adhesives Market - Revenue Forecast and Analysis - 2017 - 2027
Figure 10. Industrial Wood Adhesives Market Revenue Share, by Resin Type (2019 and 2027)
Figure 11. Natural: Industrial Wood Adhesives Market - Revenue and Forecast to 2027 (US$ Million)
Figure 12. Synthetic: Industrial Wood Adhesives Market - Revenue and Forecast to 2027 (US$ Million)
Figure 13. Industrial Wood Adhesives Market Share, by Technology (2019 and 2027)
Figure 14. Solvent-Based: Industrial Wood Adhesives Market - Revenue and Forecast to 2027 (US$ Million)
Figure 15. Water-Based: Industrial Wood Adhesives Market - Revenue and Forecast to 2027 (US$ Million)
Figure 16. Solventless: Industrial Wood Adhesives Market - Revenue and Forecast to 2027 (US$ Million)
Figure 17. Others: Industrial Wood Adhesives Market - Revenue and Forecast to 2027 (US$ Million)
Figure 18. South America: Industrial Wood Adhesives Market, by Key Country - Revenue (2019) (USD Million)
Figure 19. South and Central America: Industrial Wood Adhesives Market Share by Country - 2019 & 2027, (%)
Figure 20. Brazil: Industrial Wood Adhesives Market - Revenue and Forecasts to 2027 (US$ Million)
Figure 21. Argentina: Industrial Wood Adhesives Market - Revenue and Forecasts to 2027 (US$ Million)
Figure 22. Rest of South and Central America: Industrial Wood Adhesives Market - Revenue and Forecasts to 2027 (US$ Million)
Figure 23. Impact of COVID-19 Pandemic in Middle East & African Country Market
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
• Henkel AG & Company, KGaA
• Ashland
• Arkema Group
• Sika AG
• Pidilite Industries Ltd.
• Dow Inc.
• 3M
• Akzo Nobel N.V.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 96 |
| Published | June 2021 |
| Forecast Period | 2021 - 2028 |
| Estimated Market Value ( USD | $ 275.15 Million |
| Forecasted Market Value ( USD | $ 365.73 Million |
| Compound Annual Growth Rate | 4.1% |
