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Timber Laminating Adhesives Market Report Scope & Overview:

The Timber Laminating Adhesives Market Size was valued at USD 824.49 million in 2022, and is expected to reach USD 1583 million by 2030, and grow at a CAGR of 8.5% over the forecast period 2023-2030.

Adhesives for laminating wood are used a lot in the building and construction business. Adhesives for laminating wood are used to make glue laminated timber (glulam) and cross laminated timber (CLT), which come in the form of straight laminated beams, wall beams, curved laminated beams, and I-beams. The main job of lamination glues is to hold together many layers of beams. Compared to solid wood of the same thickness, the beams can be used to make structures that are both lighter and stronger. The global market for wood laminating adhesives is growing because more new buildings are being built and more people are moving to cities.

Timber Laminating Adhesives Market Revenue Analysis

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Market Dynamics:

Drivers:

  • Increasing use in places other than homes

Restraints:

  • Changes in the prices of raw materials

Opportunity:

  • Demand for glues with low VOC

Challenge:

  • Tight rules and regulations

Impact of COVID-19:

COVID-19 has had a big effect on many financial and industrial fields, like travel and tourism, manufacturing, and aviation. As more and more countries put and extend lockdowns, economic activities are going down, which hurts the world economy.

Due to factory shutdowns and quarantine measures, businesses are losing money and having trouble with their supply chains. The fast recovery in 2022 caused more people to use more natural gas, which in turn caused prices for natural gas and coal to go up. This hurt economies in Europe, the Asia-Pacific region, and South America.

Market Segments:

By Resin Type:

  • Melamine (Urea) Formaldehyde Adhesives (MF & MUF)

  • Phenol Resorcinol Formaldehyde (PRF) Adhesives

  • Polyurethane

  • Emulsion Polymer Isocyanate (EPI) Adhesives

  • Others

By Application:

  • Floor Beams

  • Roof Beams

  • Window and Door Headers

  • Trusses and Supporting Columns

  • Others

By End-use Industry:

  • Residential

  • Non-residential

Timber Laminating Adhesives Market Segmentation Analysis

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Regional Analysis:

The report gives a thorough look at the industry, with both qualitative and quantitative data. It gives an overview and forecast of the global market for adhesives used to glue wood together. It also gives market size and forecast estimates from 2019 to 2028 for five major regions: North America, Europe, Middle East and Africa (MEA), Asia-Pacific (APAC), and South America. The market for timber laminating adhesives is broken down by region and then by country and segment. The report looks at and makes predictions for 18 countries around the world. It also talks about the current trend and opportunities in the region.

The report looks at factors that affect both the demand for and supply of wood laminating adhesives. It also looks at the drivers, restraints, opportunities, and future trends that will affect the market over the next few years. After looking at the political, economic, social, and technological factors that affect the timber laminating adhesives market in North America, Europe, APAC, MEA, and South America, the report also gives an in-depth PEST analysis for all five regions.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Key Players:

The 3M company, Collano AG, Akzo Nobel N. V., Pidilite Industries , Sika AG, Arkema, Pidilite Industries,  Ashland inc., Jowat SE, Pidilite Industries, Dow Inc, and other players.

3M company-Company Financial Analysis

Timber Laminating Adhesives Market Report Scope:
Report Attributes Details
Market Size in 2022 US$ 824.49 Million
Market Size by 2030 US$ 1583 Million
CAGR CAGR of 8.5% From 2023 to 2030
Base Year 2022
Forecast Period 2023-2030
Historical Data 2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Resin Type (Melamine (Urea) Formaldehyde Adhesives (MF & MUF), Phenol Resorcinol Formaldehyde (PRF) Adhesives, Polyurethane, Emulsion Polymer Isocyanate (EPI) Adhesives, Others)
• By Application (Floor Beams, Roof Beams, Window and Door Headers, Trusses and Supporting Columns, Others)
• By End-use Industry (Residential, Non-residential
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles 3M company, Collano AG, Akzo Nobel N. V., Pidilite Industries , Sika AG, Arkema, Pidilite Industries,  Ashland inc., Jowat SE, Pidilite Industries, Dow Inc, and other players.
DRIVERS • Increasing use in places other than homes
Restraints • Changes in the prices of raw materials

Frequently Asked Questions

Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.

Ans: COVID-19 has had a big effect on many financial and industrial fields, like travel and tourism, manufacturing, and aviation. As more and more countries put and extend lockdowns, economic activities are going down, which hurts the world economy.

Due to factory shutdowns and quarantine measures, businesses are losing money and having trouble with their supply chains. The fast recovery in 2021 caused more people to use more natural gas, which in turn caused prices for natural gas and coal to go up. This hurt economies in Europe, the Asia-Pacific region, and South America.

 

Ans: Demand for glues with low VOC  are the opportunity for Timber Laminating Adhesives Market.

Ans: Increasing use in places other than homes  are the drivers for Timber Laminating Adhesives Market.

Ans: Timber Laminating Adhesives Market Size was valued at USD 759.9 million in 2021, and expected to reach USD 1344.42 million by 2028, and grow at a CAGR of 8.5 % over the forecast period 2022-2028.

Table of Contents

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies

4.3.2.1 US

4.3.2.2 Canada

4.3.2.3 Germany

4.3.2.4 France

4.3.2.5 United Kingdom

4.3.2.6 China

4.3.2.7 Japan

4.3.2.8 South Korea

4.3.2.9 Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7.  PEST Analysis

8.Timber Laminating Adhesives Market  Segment, By Resin Type

8.1 Melamine (Urea) Formaldehyde Adhesives (MF & MUF)

8.2 Phenol Resorcinol Formaldehyde (PRF) Adhesives

8.3 Polyurethane

8.4 Emulsion Polymer Isocyanate (EPI) Adhesives

8.5 Others

9.Timber Laminating Adhesives Market  Segment, By Application

9.1 Floor Beams

9.2 Roof Beams

9.3 Window and Door Headers

9.4 Trusses and Supporting Columns

9.5 Others

10.Timber Laminating Adhesives Market  Segment, By End-use Industry

10.1 Residential

10.2 Non-residential

11. Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 USA

11.2.2 Canada

11.2.3 Mexico

11.3 Europe

11.3.1 Germany

11.3.2 UK

11.3.3 France

11.3.4 Italy

11.3.5 Spain

11.3.6 The Netherlands

11.3.7 Rest of Europe

11.4 Asia-Pacific

11.4.1 Japan

11.4.2 South Korea

11.4.3 China

11.4.4 India

11.4.5 Australia

11.4.6 Rest of Asia-Pacific

11.5 The Middle East & Africa

11.5.1 Israel

11.5.2 UAE

11.5.3 South Africa

11.5.4 Rest

11.6 Latin America

11.6.1 Brazil

11.6.2 Argentina

11.6.3 Rest of Latin America

12. Company Profile

12.1 The 3M company 

12.1.1 Financial

12.1.2 Products/ Services Offered

12.1.3 SWOT Analysis

12.1.4 The SNS view

12.2 Collano AG

12.3 Akzo Nobel N. V. 

12.4 Pidilite Industries 

12.5 Sika AG

12.6 Arkema 

12.7 Pidilite Industries 

12.8 Ashland inc. 

12.9 Jowat SE 

12.10 Pidilite Industries 

12.11 Dow Inc. 

13. Competitive Landscape

13.1 Competitive Benchmark

13.2 Market Share analysis

13.3 Recent Developments

14. Conclusion

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Secondary Research

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Primary Research

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Data Bank Validation

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