The global Engineered Wood Adhesives Market Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Resin (Melamine Formaldehyde, Phenol Resorcinol Formaldehyde, Polyurethane, Others), By Product (Cross-laminated timber (CLT), Glulam, Plywood, Oriented Strand Board (OSB), Medium Density Fiberboard (MDF), Laminated Veneer Lumber (LVL), Others), By Technology (Solvent-Based, Water-Based, Solvent-Less, Reactive), By Application (Structural, Non-Structural).
The engineered wood adhesives market in 2024 experiences growth driven by the construction, furniture, and automotive industries' demand for high-performance bonding solutions for engineered wood products such as plywood, particleboard, MDF, and laminates. Engineered wood adhesives offer strong, durable bonds, moisture resistance, and environmental benefits, meeting stringent regulatory standards and sustainability requirements. With innovations in adhesive technologies, bio-based formulations, and VOC-free adhesives, the market witnesses increased adoption of engineered wood products and assembly solutions. The engineered wood adhesives market caters to applications in structural bonding, furniture manufacturing, cabinetry, and interior design, driving market expansion and product development in the global adhesives industry.
The market report analyses the leading companies in the industry including AICA Kogyo Co. Ltd, AkzoNobel N.V., Arkema SA, Astral Ltd, BASF SE, Dow, H.B. Fuller Company, Henkel AG & Co., KGaA., Hexion, Huntsman Corp.
The most prominent trend in the Engineered Wood Adhesives market is the growing preference for eco-friendly and sustainable adhesive solutions. With increasing awareness about environmental conservation and regulations on volatile organic compounds (VOCs), there is a shift towards using adhesives that have lower environmental impact and emit fewer harmful substances. This trend includes the adoption of water-based adhesives, bio-based adhesives, and low-VOC formulations in engineered wood products, driving market growth in eco-friendly wood adhesives.
A significant driver for the Engineered Wood Adhesives market is the expansion in the construction and furniture industries globally. As construction activities and furniture production rise, there is a growing demand for strong, durable, and versatile adhesives to bond engineered wood products such as plywood, particleboard, MDF (medium-density fiberboard), and laminates. Factors such as urbanization, housing market growth, interior design trends, and commercial construction projects drive the demand for engineered wood adhesives.
One potential opportunity in the Engineered Wood Adhesives market lies in the development of high-performance adhesive technologies. Collaborating with adhesive specialists, research institutions, and wood product manufacturers presents opportunities to innovate and create adhesives with enhanced bonding strength, moisture resistance, heat resistance, and durability. Capitalizing on this opportunity involves addressing specific industry needs such as adhesives for exterior applications, structural bonding, fire-resistant properties, and customized formulations for different wood substrates, thereby offering advanced solutions that meet evolving customer requirements and driving market growth in high-performance engineered wood adhesives.
The Engineered Wood Adhesives market is experiencing rapid growth, emerging as a frontrunner in the construction materials sector. This surge is attributed to several key factors propelling the demand for these adhesives. Firstly, the shift towards sustainable and eco-friendly building materials has led to increased adoption of engineered wood products like cross-laminated timber (CLT), glulam, plywood, and oriented strand board (OSB). Engineered wood offers enhanced structural integrity, versatility, and cost-effectiveness compared to traditional wood products, driving its demand in various construction applications. Additionally, Engineered Wood Adhesives play a crucial role in bonding these wood products, ensuring their structural strength and longevity. The diverse range of adhesives available, including melamine formaldehyde, phenol resorcinol formaldehyde, and polyurethane, caters to different wood types and applications, further fueling market growth. Moreover, advancements in adhesive technology, such as solvent-based, water-based, and solvent-less formulations, offer improved performance, durability, and environmental benefits, attracting more consumers and industries towards engineered wood solutions.
By Resin
Melamine Formaldehyde
Phenol Resorcinol Formaldehyde
Polyurethane
Others
By Product
Cross-laminated timber (CLT)
Glulam
Plywood
Oriented Strand Board (OSB)
Medium Density Fiberboard (MDF)
Laminated Veneer Lumber (LVL)
Others
By Technology
Solvent-Based
Water-Based
Solvent-Less
Reactive
By Application
Structural
Non-StructuralGeographical Analysis
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
AICA Kogyo Co. Ltd
AkzoNobel N.V.
Arkema SA
Astral Ltd
BASF SE
Dow
H.B. Fuller Company
Henkel AG & Co., KGaA.
Hexion
Huntsman Corp*- List Not Exhaustive
TABLE OF CONTENTS
1 Introduction to 2024 Engineered Wood Adhesives Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Covered
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain
2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations
3 Executive Summary
3.1 Global Engineered Wood Adhesives Market Size Outlook, $ Million, 2021 to 2030
3.2 Engineered Wood Adhesives Market Outlook by Type, $ Million, 2021 to 2030
3.3 Engineered Wood Adhesives Market Outlook by Product, $ Million, 2021 to 2030
3.4 Engineered Wood Adhesives Market Outlook by Application, $ Million, 2021 to 2030
3.5 Engineered Wood Adhesives Market Outlook by Key Countries, $ Million, 2021 to 2030
4 Market Dynamics
4.1 Key Driving Forces of Engineered Wood Adhesives Industry
4.2 Key Market Trends in Engineered Wood Adhesives Industry
4.3 Potential Opportunities in Engineered Wood Adhesives Industry
4.4 Key Challenges in Engineered Wood Adhesives Industry
5 Market Factor Analysis
5.1 Value Chain Analysis
5.2 Competitive Landscape
5.2.1 Global Engineered Wood Adhesives Market Share by Company (%), 2023
5.2.2 Product Offerings by Company
5.3 Porter’s Five Forces Analysis
5.4 Pricing Analysis and Outlook
6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts
7 Global Engineered Wood Adhesives Market Outlook by Segments
7.1 Engineered Wood Adhesives Market Outlook by Segments, $ Million, 2021- 2030
By Resin
Melamine Formaldehyde
Phenol Resorcinol Formaldehyde
Polyurethane
Others
By Product
Cross-laminated timber (CLT)
Glulam
Plywood
Oriented Strand Board (OSB)
Medium Density Fiberboard (MDF)
Laminated Veneer Lumber (LVL)
Others
By Technology
Solvent-Based
Water-Based
Solvent-Less
Reactive
By Application
Structural
Non-Structural
8 North America Engineered Wood Adhesives Market Analysis and Outlook To 2030
8.1 Introduction to North America Engineered Wood Adhesives Markets in 2024
8.2 North America Engineered Wood Adhesives Market Size Outlook by Country, 2021-2030
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Engineered Wood Adhesives Market size Outlook by Segments, 2021-2030
By Resin
Melamine Formaldehyde
Phenol Resorcinol Formaldehyde
Polyurethane
Others
By Product
Cross-laminated timber (CLT)
Glulam
Plywood
Oriented Strand Board (OSB)
Medium Density Fiberboard (MDF)
Laminated Veneer Lumber (LVL)
Others
By Technology
Solvent-Based
Water-Based
Solvent-Less
Reactive
By Application
Structural
Non-Structural
9 Europe Engineered Wood Adhesives Market Analysis and Outlook To 2030
9.1 Introduction to Europe Engineered Wood Adhesives Markets in 2024
9.2 Europe Engineered Wood Adhesives Market Size Outlook by Country, 2021-2030
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Engineered Wood Adhesives Market Size Outlook by Segments, 2021-2030
By Resin
Melamine Formaldehyde
Phenol Resorcinol Formaldehyde
Polyurethane
Others
By Product
Cross-laminated timber (CLT)
Glulam
Plywood
Oriented Strand Board (OSB)
Medium Density Fiberboard (MDF)
Laminated Veneer Lumber (LVL)
Others
By Technology
Solvent-Based
Water-Based
Solvent-Less
Reactive
By Application
Structural
Non-Structural
10 Asia Pacific Engineered Wood Adhesives Market Analysis and Outlook To 2030
10.1 Introduction to Asia Pacific Engineered Wood Adhesives Markets in 2024
10.2 Asia Pacific Engineered Wood Adhesives Market Size Outlook by Country, 2021-2030
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Engineered Wood Adhesives Market size Outlook by Segments, 2021-2030
By Resin
Melamine Formaldehyde
Phenol Resorcinol Formaldehyde
Polyurethane
Others
By Product
Cross-laminated timber (CLT)
Glulam
Plywood
Oriented Strand Board (OSB)
Medium Density Fiberboard (MDF)
Laminated Veneer Lumber (LVL)
Others
By Technology
Solvent-Based
Water-Based
Solvent-Less
Reactive
By Application
Structural
Non-Structural
11 South America Engineered Wood Adhesives Market Analysis and Outlook To 2030
11.1 Introduction to South America Engineered Wood Adhesives Markets in 2024
11.2 South America Engineered Wood Adhesives Market Size Outlook by Country, 2021-2030
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Engineered Wood Adhesives Market size Outlook by Segments, 2021-2030
By Resin
Melamine Formaldehyde
Phenol Resorcinol Formaldehyde
Polyurethane
Others
By Product
Cross-laminated timber (CLT)
Glulam
Plywood
Oriented Strand Board (OSB)
Medium Density Fiberboard (MDF)
Laminated Veneer Lumber (LVL)
Others
By Technology
Solvent-Based
Water-Based
Solvent-Less
Reactive
By Application
Structural
Non-Structural
12 Middle East and Africa Engineered Wood Adhesives Market Analysis and Outlook To 2030
12.1 Introduction to Middle East and Africa Engineered Wood Adhesives Markets in 2024
12.2 Middle East and Africa Engineered Wood Adhesives Market Size Outlook by Country, 2021-2030
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Engineered Wood Adhesives Market size Outlook by Segments, 2021-2030
By Resin
Melamine Formaldehyde
Phenol Resorcinol Formaldehyde
Polyurethane
Others
By Product
Cross-laminated timber (CLT)
Glulam
Plywood
Oriented Strand Board (OSB)
Medium Density Fiberboard (MDF)
Laminated Veneer Lumber (LVL)
Others
By Technology
Solvent-Based
Water-Based
Solvent-Less
Reactive
By Application
Structural
Non-Structural 13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
AICA Kogyo Co. Ltd
AkzoNobel N.V.
Arkema SA
Astral Ltd
BASF SE
Dow
H.B. Fuller Company
Henkel AG & Co., KGaA.
Hexion
Huntsman Corp
14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise
By Resin
Melamine Formaldehyde
Phenol Resorcinol Formaldehyde
Polyurethane
Others
By Product
Cross-laminated timber (CLT)
Glulam
Plywood
Oriented Strand Board (OSB)
Medium Density Fiberboard (MDF)
Laminated Veneer Lumber (LVL)
Others
By Technology
Solvent-Based
Water-Based
Solvent-Less
Reactive
By Application
Structural
Non-Structural
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Global Engineered Wood Adhesives Market is forecast to register a CAGR of 4.1% from 7.9 Billion in 2024 to $10.1 Billion in 2030 driven by new product launches by companies
Emerging Markets across Asia Pacific, Europe, and Americas present robust growth prospects.
AICA Kogyo Co. Ltd, AkzoNobel N.V., Arkema SA, Astral Ltd, BASF SE, Dow, H.B. Fuller Company, Henkel AG & Co., KGaA., Hexion, Huntsman Corp
Base Year- 2023; Estimated Year- 2024; Historic Period- 2018-2023; Forecast period- 2024 to 2030; Currency: Revenue (USD); Volume