Wood Adhesives and Binders Market - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast, 2014 - 2020
103 Page Report
Wood Adhesives and Binders Market is Anticipated to Reach USD 17.77
Billion by 2020
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Wood Adhesives and Binders Market
Transparency Market Research has published a new market report titled “Wood Adhesives and Binders
Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020.” According to the
report, the global wood adhesives and binders market was valued at USD 13.15 billion in 2013 and is
expected to reach USD 17.77 billion by 2020, expanding at a CAGR of 4.4% between 2014 and 2020. In
terms of volume, the global wood adhesives and binders market stood at 16,207.7 kilo tons in 2013.
Browse the full Wood Adhesives and Binders Market report at :
Increasing population across the globe is estimated to boost the market for construction projects. This, in
turn, is anticipated to propel the wood adhesives and binders market in the near future. Benefits such as
ease of use, time efficiency, lightness in weight, low prices and aesthetics are the major drivers for rising
adoption of wood adhesives and binders. However, stringent regulations associated with volatile organic
compounds (VOCs) and instability in prices of petroleum feedstock is projected to hamper market growth
during the forecast period. Furthermore, revenues are expected to grow at a slower rate compared to
volume due to price sensitivity of the end-user markets and shifting trend towards products with lower
In order to reduce...