Europe Wood Adhesives Market Size & Outlook, 2022-2030
Europe wood adhesives market, 2018-2030 (US$M)
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Europe wood adhesives market highlights
- The Europe wood adhesives market generated a revenue of USD 2,418.3 million in 2022.
- The market is expected to grow at a CAGR of 6.8% from 2023 to 2030.
- In terms of segment, reactive & others was the largest revenue generating technology in 2022.
- Water Based is the most lucrative technology segment registering the fastest growth during the forecast period.
- Country-wise, France is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 2,418.3 million |
| Market revenue in 2030 | USD 4,090.8 million |
| Growth rate | 6.8% (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 |
| Key market players worldwide | DuPont de Nemours Inc, H.B. Fuller Co, Henkel AG & Co KGaA, Arkema SA, 3M Co, Sika AG, Ashland Inc, Akzo Nobel NV, Jubilant Industries, Pidilite Industries Limited, Franklin International |
Other key industry trends
- In terms of revenue, Europe region accounted for 32.4% of the global wood adhesives market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 5,938.7 million by 2030.
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Wood Adhesives Market Scope
Wood Adhesives Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe 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 Europe wood adhesives market based on water based, solvent based, reactive & others covering the revenue growth of each sub-segment from 2018 to 2030.
The European wood adhesives market holds a significant position within the global adhesives industry, driven by the region's thriving woodworking, furniture manufacturing, and construction sectors. This market encompasses a wide range of adhesive technologies, including traditional solvent-based adhesives, water-based adhesives, reactive adhesives, and emerging bio-based adhesives.
As the industry continues to be shaped by sustainability and environmental regulations, there has been an increasing emphasis on eco-friendly and low-emission adhesive solutions in Europe. The demand for furniture and interior decorations across Europe has been fueled by factors such as a growing population, improving living standards, and changing lifestyle preferences.
Wood adhesives play a critical role in the manufacturing process of furniture, facilitating the bonding of various wood components such as panels, veneers, and joints. Moreover, they offer enhanced moisture resistance, heat resistance, and bonding strength, ensuring the longevity and quality of the final products.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe wood adhesives market , including forecasts for subscribers. This continent databook contains high-level insights into Europe wood adhesives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe Wood Adhesives Market Outlook Share, 2022 & 2030 (US$M)
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