Global Wood Adhesives Market Size & Outlook, 2022-2030
Global wood adhesives market, 2018-2030 (US$M)
Related Markets
Global wood adhesives market highlights
- The global wood adhesives market generated a revenue of USD 7,454.8 million in 2022 and is expected to reach USD 12,404.2 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 6.6% by 2030.
- In terms of segment, reactive & others accounted for a revenue of USD 2,832.8 million in 2022.
- Water Based is the most lucrative technology segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, South Africa is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 7,454.8 million |
| Market revenue in 2030 | USD 12,404.2 million |
| Growth rate | 6.6% (CAGR from 2022 to 2030) |
| Largest segment | Reactive & others |
| Fastest growing segment | Water Based |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Water Based, Solvent Based, Reactive & Others |
Other key industry trends
- In terms of revenue, the North America accounted for 15.6% of the global wood adhesives market in 2022.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 14.6 million by 2030.
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Wood Adhesives Market Scope
Wood Adhesives Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global wood adhesives market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to wood adhesives market will help companies and investors design strategic landscapes.
Reactive & others was the largest segment with a revenue share of 38% in 2022. Horizon Databook has segmented the Global wood adhesives market based on water based, solvent based, reactive & others covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Wood Adhesives Technology Outlook (Revenue, USD Million, 2018-2030)
- Water Based
- Solvent Based
- Hot Melt
- Reactive & Others
- Global Wood Adhesives Application Outlook (Revenue, USD Million, 2018-2030)
- Flexible Packaging
- Folding Cartons
- Case & Carton
- Labeling
- Residential
- Commercial
- Industrial
- Flooring & Plywood
- Furniture
- Doors & Windows
- Housing Components
- Medical device & equipment
- Internal medical application
- External medical application
- Passenger Cars
- LCV
- MCV & HCV
- Others
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Our clientele includes a mix of wood adhesives market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global wood adhesives market , including forecasts for subscribers. This global databook contains high-level insights into Global wood adhesives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global wood adhesives market size, by region, 2018-2030 (US$M)
Top 10 countries: Wood adhesives market size, 2022 (US$M)
Global wood adhesives market share, by technology, 2022 & 2030 (%, US$M)
Wood adhesives market: Opportunity assessment by country
Global wood adhesives market, by region, 2022 (US$M)
| Technology | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Latin America | 168.6 | 174.6 | 192.2 | 243.1 | 280.8 | 257.9 | 277.0 | 297.6 | 319.8 | 343.6 | 369.2 | 396.6 | 426.2 | 5.4% |
| Europe | 1,408.0 | 1,476.4 | 1,635.4 | 2,078.2 | 2,418.3 | 2,267.9 | 2,465.1 | 2,680.7 | 2,916.1 | 3,172.7 | 3,452.4 | 3,757.7 | 4,090.8 | 6.8% |
| North America | 704.2 | 730.3 | 801.0 | 1,007.9 | 1,160.8 | 1,075.0 | 1,155.4 | 1,242.2 | 1,335.9 | 1,436.7 | 1,545.1 | 1,661.9 | 1,787.7 | 5.6% |
| MEA | 73.2 | 75.1 | 81.9 | 102.6 | 117.3 | 106.5 | 113.1 | 120.0 | 127.4 | 135.1 | 143.3 | 151.8 | 160.7 | 4.1% |
| Asia Pacific | 2,060.2 | 2,163.8 | 2,382.5 | 3,003.2 | 3,477.6 | 3,295.2 | 3,581.5 | 3,894.4 | 4,235.9 | 4,608.1 | 5,013.6 | 5,456.1 | 5,938.7 | 7.0% |
| Overall | 4,414.2 | 4,620.3 | 5,092.9 | 6,435.0 | 7,454.8 | 7,002.5 | 7,592.1 | 8,234.9 | 8,935.1 | 9,696.1 | 10,523.5 | 11,424.1 | 12,404.2 | 6.6% |
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