Engineered
Wood Adhesives Market worth $10.5 billion in 2029

The report "Engineered
Wood Adhesives Market by Resin (Melamine Formaldehyde, Phenol Resorcinol
Formaldehyde), Product (CLT, OSB, MDF, LVL), Technology (Solvent-Based,
Water-Based), Application (Structural, Non-Structural), and Region - Global
Forecast to 2029", size is projected to grow from USD 8.7 billion in
2024 to USD 10.5 billion in 2029, at a CAGR of 3.7%.

Download
PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=141952340

Browse in-depth TOC on "Technical Insulation Market"

189 - Tables

73 - Figures

309 – Pages

The construction industry’s
demand for eco-friendly and healthier adhesives and the rising need to improve
performance, durability, and aesthetics are key factors contributing to the
growth of the engineered wood adhesives market. The growing investment in
emerging markets is expected to create growth opportunities for the market
players globally. However, stringent and time-consuming regulatory policies act
as a challenge for market players.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=141952340

The
phenol-resorcinol-formaldehyde segment is expected to account for one of the
largest shares in 2023.

Phenol-Resorcinol-Formaldehyde
(PRF) resins represent a cornerstone in adhesive technology, particularly
valued for their exceptional thermal stability and durability. These resins are
designed to withstand extreme conditions, surpassing the combustion point of
wood, which underscores their utility in high-stakes applications. Certified by
ASTM D-7247, the most rigorous test for adhesive bonds at elevated
temperatures, PRF adhesives ensure reliability and safety in critical
environments. This level of performance is critical in applications requiring
robust, enduring adhesive joints, such as in the construction of load-bearing
structures where material failure could have dire consequences.

The plywood
segment is expected to account for one of the largest share in 2023.

Plywood remains a cornerstone
in the construction and manufacturing industries, renowned for its durability
and versatility. Created from thin sheets of cross-laminated veneer, plywood
panels are bonded under heat and pressure using strong adhesives. This process
imbues the panels with superior dimensional stability and an outstanding
strength-to-weight ratio, making plywood an ideal material for a wide range of
structural applications. Furthermore, plywood's resistance to impacts,
chemicals, and fluctuations in temperature and humidity enhances its utility in
demanding environments.

The manufacturing quality of
plywood allows it to be produced in a variety of appearance grades, catering to
diverse aesthetic and functional needs. These grades range from smooth, natural
finishes ideal for decorative and finish work, to more cost-effective options
suited for utilitarian purposes such as sheathing. The availability of more
than a dozen thicknesses—from 5/16 inch to 1-1/8 inches—and over twenty
different grades, allows designers and builders to select the perfect plywood
for specific applications, ensuring both efficiency and economy in construction
projects.

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=141952340

Asia
Pacific is expected to account for the largest share in 2023.

In 2022, the
Asia Pacific region led the global market for engineered wood adhesives in
terms of revenue and is projected to continue its rapid growth through 2029.
Within the region, China, Japan, and Thailand are key players, with China
commanding the largest share of the market. This dominance is supported by its
substantial industrial capabilities and an increasing demand for superior
quality adhesives. Despite facing economic challenges, the construction
industry in the Asia Pacific experienced significant growth in 2022, largely
fueled by strong demand for residential developments across its major
economies. Additionally, there was a marked increase in investments in
infrastructure projects, with regional construction companies actively
exploring expansion into new markets.

Key
Players

The key
players in the engineered wood adhesives market include H.B. Fuller Company
(US), Henkel AG & Co., KGaA. (Germany), AkzoNobel N.V. (Netherlands),
Arkema SA (France), BASF SE (Germany), Dow (US), Huntsman Corporation (US),
AICA Kogyo Co., Ltd (Japan), Astral Limited (India), and Hexion (US).

For More Insights on Engineered Wood Adhesives Market- https://www.prnewswire.com/news-releases/engineered-wood-adhesives-market-worth-10-5-billion-in-2029--exclusive-report-by-marketsandmarkets-302134151.html

About MarketsandMarkets™

MarketsandMarkets™
has been recognized as one of America’s
best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™
is a blue ocean alternative in growth consulting and program management,
leveraging a man-machine offering to drive supernormal growth for progressive
organizations in the B2B space. We have the widest lens on emerging
technologies, making us proficient in co-creating supernormal growth for
clients.

Earlier
this year, we made a formal transformation into one of America's best
management consulting firms as per a survey conducted by Forbes.

The
B2B economy is witnessing the emergence of $25 trillion of new revenue streams
that are substituting existing revenue streams in this decade alone. We work
with clients on growth programs, helping them monetize this $25 trillion
opportunity through our service lines - TAM Expansion, Go-to-Market (GTM)
Strategy to Execution, Market Share Gain, Account Enablement, and Thought
Leadership Marketing.

Built
on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B
companies - helping them stay relevant in a disruptive ecosystem. Our insights
and strategies are molded by our industry experts, cutting-edge AI-powered
Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our
Market Intelligence Cloud) integrates our research, facilitates an analysis of
interconnections through a set of applications, helping clients look at the
entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:



Mr. Rohan Salgarkar



MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: +1-888-600-6441

Email: sales@marketsandmarkets.com