What is the projected growth rate of the wood adhesives and binders market?

The global wood adhesives and binders market is expected to grow at a CAGR of 4.1% during the forecast period of 2023-2030.

Which region is expected to have the largest market share for wood adhesives and binders?

The Asia Pacific region is expected to dominate the market due to rapid industrialization and construction growth in countries like China, India, and Japan.

Who are the major players in the wood adhesives and binders market?

Major players include 3M Company, Ashland Inc., H.B. Fuller Company, Henkel AG, BASF SE, Huntsman Corporation, and Avery Dennison Corporation. These companies are adopting strategies like product launches, acquisitions, and collaborations to drive market growth.

What are the key trends shaping the wood adhesives & binders market?

The market is witnessing a surge in eco-friendly solutions like bio-based adhesives and reduced VOC emissions. Additionally, nanocrystalline cellulose and digitalization are emerging trends offering growth opportunities.