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Demand for Bio-Based Wood Adhesives and Binders to Rise Due to Environmental Benefits and Reduced Manufacturing Cost

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Transparency Market
Research
Wood Adhesives and Binders Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast,
2014 - 2020

Published Date
28-Oct-2014

103 Page Report

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Demand for Bio-based Wood Adhesives and Binders to Rise
due to Environmental Benefits and Reduced Manufacturing
Cost : TMR
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Wood Adhesives and Binders Market

REPORT DESCRIPTION
Wood Adhesives and Binders Market - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast, 2014 - 2020
The global wood adhesives and binders market is fragmented, with the top four companies accounting for 36%
of the total market in 2013. These companies are Dow Chemical Company, 3M Company, Henkel AG and Co.
KGaA, and HB Fuller. The wood adhesives and binders market is capital intensive and requires huge setup
cost, Transparency Market Research (TMR). This makes it difficult for entry difficult for new players.
The R&D required for the development of customized products is very expensive and thus, only existing
players who operate on a large scale are able to afford it. This makes the market consolidated with only a few
companies benefitting from integration, leading to increased competition. However, new entrants with a strong
financial backing can hope for prospective opportunities in bio-based adhesive formulations.
Browse the full Wood Adhesives and Binders (Urea-formaldehyde, Melamine-urea-formaldehyde,
Phenol-formaldehyde, Isocyanates, Soy-based and Others) Market for Cabinets, Flooring & Plywood,
Furniture & Subcomponents, Windows & Doors, and Other Applications - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast, 2014 - 2020 report at :
http://www.transparencymarketresearch.com/wood-adhesives-binders-market.html
Growth in Construction Industry Boosts...

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