Wood Adhesives and Binders Market: Rapid Rise in Construction Industry Triggers Demand

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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Press Release

Wood Adhesives and Binders Market is Anticipated to Reach
USD 17.77 Billion by 2020 : 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 market for wood adhesives and binders has been witnessing an exponential surge in its market
valuation in recent years. The rapid rise in the construction industry has fueled the furniture market, resulting in
an increasing demand for wood adhesives and binders across the world.
Browse Market Research Report : http://www.transparencymarketresearch.com/wood-adhesivesbinders-market.html
In a recent market study, Transparency Market Research (TMR) has stated that the global wood adhesives
and binders market was valued at US$13 bn in 2013. The market is likely to rise at a CAGR of 4.40% between
2014 and 2020 and reach US$17.7 bn by the end of 2020.
Rising Commercialization of Biobased Adhesives to Present Lucrative Opportunities
The increasing commercialization of biobased adhesives is projected to present an opportunity-rich market for
participants. The rising concerns over the harmful effects of synthetic adhesives on the environment have
driven consumers towards biobased adhesives. This trend has had an impactful reaction on the construction
industry at large, encouraging market players to develop biobased wood adhesives and binders.
EcoPro Polymers, a Corvallis-based startup, has been trying to develop the first formaldehyde-free plant-based
adhesive that can be utilized to produce particleboard,...