North America Wood Adhesives Market Size & Outlook

The wood adhesives market in North America is expected to reach a projected revenue of US$ 1,787.7 million by 2030. A compound annual growth rate of 5.5% is expected of North America wood adhesives market from 2023 to 2030.
Revenue, 2022 (US$M)
$1,160.8
Forecast, 2030 (US$M)
$1,787.7
CAGR, 2023 - 2030
5.5%
Report Coverage
North America

North America wood adhesives market highlights

  • The North America wood adhesives market generated a revenue of USD 1,160.8 million in 2022.
  • The market is expected to grow at a CAGR of 5.5% 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, U.S. is expected to register the highest CAGR from 2023 to 2030.


North America data book summary

Market revenue in 2022USD 1,160.8 million
Market revenue in 2030USD 1,787.7 million
Growth rate5.5% (CAGR from 2022 to 2030)
Largest segmentReactive & others
Fastest growing segmentWater Based
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationWater Based, Solvent Based, Reactive & Others
Key market players worldwideDuPont 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, North America region accounted for 15.6% 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 segmentation & scope
Flexible Packaging
Folding Cartons
Case & Carton
Labeling
Residential
Commercial
Industrial
Medical device & equipment
Internal medical application
External medical application
Passenger Cars
LCV
MCV & HCV
Others

Wood Adhesives Market Companies

Name Profile # Employees HQ Website

North America 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 North America wood adhesives market based on water based, solvent based, reactive & others covering the revenue growth of each sub-segment from 2018 to 2030.


The wood adhesives market in North America is a dynamic and thriving sector, characterized by the increasing demand for adhesives in various wood-based applications, such as furniture, cabinets, flooring, and construction. North America is the major region that dominated the wood adhesives market in 2023, due to rising construction activities in countries like the U.S.

According to the U.S. Department of the Treasury June 2023 report, the U.S. has experienced a steep rise in construction spending for manufacturing facilities in recent times. Since 2021, the spending on real manufacturing construction has doubled.

One of the key drivers of the wood adhesives market in North America is the robust construction and housing industry. With a steady growth in residential and commercial construction activities, there has been a substantial demand for high-performance wood adhesives to ensure the structural integrity and longevity of wooden structures.

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Horizon Databook provides a detailed overview of continent-level data and insights on the North America wood adhesives market , including forecasts for subscribers. This continent databook contains high-level insights into North America wood adhesives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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North America Wood Adhesives Market Outlook Share, 2022 & 2030 (US$M)

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